Creative Works Farm Inc

EIN: 900814949 501(c)(3) Recreation & Sports

Crimora, VA

Total Revenue
$644,788
Total Expenses
$356,125
Total Assets
$2,583,787
Net Assets
$2,581,741
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
VA
Principal Officer
Charles Scott Balsley
Phone
5404711659
Tax Period
2024-01-01 to 2024-12-31

Creative Works Farm Inc, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $183K in total revenue in fiscal year 2018. Expenses of $225K exceeded revenue, resulting in a 23% operating deficit.

Mission

To show children with special needs and circumstances that life is only limited by their imagination, and to give them new tools and skills, along with love and support, to inspire them to become anything they can dream

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $626,837
Program Service Revenue $0
Investment Income $8,151
Other Revenue $9,800
TOTAL REVENUE $644,788

Expense Breakdown

Grants Paid $0
Salaries & Benefits $81,915
Fundraising Expenses $64,065
Program Expenses $152,815
Other Expenses $274,210
TOTAL EXPENSES $356,125

Year-over-Year Comparison

2024 2023 Change
Revenue $644,788 $576,389 +0.1%
Expenses $356,125 $340,970 +0.0%
Net Income $288,663 $235,419 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
150

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
4
$50,000
Total Directors
9
$0
Key Employees
1
$50,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles Balsley President 45.00
Officer
$0 $0 $0
Raymond Gochenour Vice President 5.00
Officer
$0 $0 $0
Whitney Sportelli Treasurer 1.00
Officer
$0 $0 $0
Kelly Truxell Secretary 3.00
Officer Key Emp
$50,000 $0 $50,000
Cathy Balsley Director 1.00
Director
$0 $0 $0
Joey Truxell Director 1.00
Director
$0 $0 $0
Zach Straits Director 1.00
Director
$0 $0 $0
Dr Bob Gunther Director 1.00
Director
$0 $0 $0
Nathan Trice Director 1.00
Director
$0 $0 $0
Melissa Hostetter Director 1.00
Director
$0 $0 $0
Charlie Beverage Director 1.00
Director
$0 $0 $0
Renee Hartless Director 1.00
Director
$0 $0 $0
Jeff Long 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
2025 No data No data No data No data
2024 $644,788 $356,125 $2,583,787 $288,663
2023 $576,389 $340,970 $2,298,982 $235,419
2022 $675,857 $266,745 $2,065,130 $409,112
2021 $403,398 $223,491 $2,063,401 $179,907
2020 $360,590 $280,599 $1,807,568 $79,991
2019 $210,321 $186,080 $1,359,653 $24,241
2018 $183,204 $224,597 $1,315,247 $-41,393
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