PARADISE FARM RESCUE AND SANCTUARY INC

EIN: 881131646 501(c)(3) Animal-Related

FOREST HILL, MD

Total Revenue
$70,644
Total Expenses
$108,495
Total Assets
$4,299
Net Assets
$-126,108
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MD
Principal Officer
TAMMY M LACY
Phone
4106083005
Tax Period
2023-01-01 to 2023-12-31

PARADISE FARM RESCUE AND SANCTUARY INC, founded in 2022, is a micro nonprofit in the Animal-Related sector that reported $71K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $108K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO SAVE EQUINES FROM DIRE SITUATIONS, SUCH AS SLAUGHTER, REHABILITATE, AND PLACED INTO LOVING FOREVER HOMES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,644
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $70,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,495
Other Expenses $108,495
TOTAL EXPENSES $108,495

Year-over-Year Comparison

2023 2022 Change
Revenue $70,644 $83,416 -0.2%
Expenses $108,495 $171,673 -0.4%
Net Income $-37,851 $-88,257 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMMY LACY PRESIDENT 28.00
Director
$0 $0 $0
MICHAEL WALSTRUM SECRETARY/TREASURER 8.00
Director
$0 $0 $0
JEANIE LAW-ORFANOS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $70,644 $108,495 $4,299 $-37,851
2022 $83,416 $171,673 $1,222 $-88,257
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