Form 990 for tax year 2022
Filed by FARMS WORK WONDERS CORPORATION.
Totals
- Total revenue
- $2,545,057
- Total expenses
- $2,828,344
- Contributions and grants received
- $2,199,351
- Grants paid
- $44,145
- Program service revenue
- $0
- Investment income
- $18
- Other revenue
- $345,688
- Total assets, end of year
- $376,240
- Total liabilities, end of year
- $88,119
- Net assets or fund balances, end of year
- $288,121
- Program services expenses (Part IX)
- $2,732,823
- Management and general expenses
- $95,521
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,732,823
Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$19,214
-
1e · Government grants (contributions)
$12,271
-
1f · All other contributions, gifts and grants
$2,167,866
-
1g · Noncash contributions included above
$2,500
-
3 · Investment income
total $18 · excluded $18
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$19,214
-
8b · Fundraising events: direct expenses
$4,504
-
8c · Net income from fundraising events
total -$4,504 · excluded -$4,504
-
10a · Gross sales of inventory
$533,669
-
10b · Cost of goods sold
$225,439
-
10c · Net income from sales of inventory
total $308,230 · related or exempt $308,230
-
11a · Other revenue: OTHER REVENUE
total $41,962 · excluded $41,962
-
11e · Other revenue, total
$41,962
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $17,487 · program services $17,487
-
2 · Grants to domestic individuals
total $26,658 · program services $26,658
-
7 · Other salaries and wages
total $1,915,346 · program services $1,915,346
-
9 · Other employee benefits
total $229,557 · program services $229,557
-
10 · Payroll taxes
total $160,905 · program services $160,905
-
11b · Fees: legal
total $11,350 · management and general $11,350
-
11c · Fees: accounting
total $25,594 · management and general $25,594
-
11g · Fees: other
total $19,905 · program services $1,717 · management and general $18,188
-
12 · Advertising and promotion
total $9,746 · program services $9,746
-
13 · Office expenses
total $80,875 · program services $80,875
-
14 · Information technology
total $40,680 · program services $40,680
-
16 · Occupancy
total $158,818 · program services $158,818
-
17 · Travel
total $16,259 · program services $16,259
-
20 · Interest
total $298 · program services $298
-
22 · Depreciation, depletion and amortization
total $6,868 · program services $6,868
-
23 · Insurance
total $40,389 · management and general $40,389
-
24a · Other expenses: PROGRAM SUPPLIES & COST
total $43,860 · program services $43,860
-
24b · Other expenses: EDUCATION & TRAINING
total $9,633 · program services $9,633
-
24c · Other expenses: EMPLOYEE EXPENSE
total $7,459 · program services $7,459
-
24d · Other expenses: EVENTS
total $6,657 · program services $6,657
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $291,838 · end of year $212,978
-
2 · Savings and temporary cash investments
beginning of year $250,006 · end of year $15
-
4 · Accounts receivable
beginning of year $175
-
8 · Inventories for sale or use
beginning of year $25,807 · end of year $47,388
-
9 · Prepaid expenses and deferred charges
end of year $6,980
-
10a · Land, buildings and equipment: cost or other basis
$122,949
-
10b · Land, buildings and equipment: accumulated depreciation
$14,070
-
10c · Land, buildings and equipment, net
beginning of year $75,902 · end of year $108,879
-
17 · Accounts payable and accrued expenses
beginning of year $44,694 · end of year $54,915
-
24 · Unsecured notes and loans payable
end of year $33,204
-
27 · Net assets without donor restrictions
beginning of year $599,034 · end of year $288,121
Mission and programs · 2022
Mission
OUR MISSION IS TO EXPAND OPPORTUNITIES FOR APPALACHIAN YOUTH SO THEY GROW TO REACH THEIR GREATEST POTENTIAL.
Activities or mission (Part I)
EXPAND OPPORTUNITIES FOR APPALACHIAN YOUTH SO THEY GROW TO REACH THEIR GREATEST POTENTIAL
-
FARMS WORK WONDERS IS AN UMBRELLA NONPROFIT SOCIAL ENTERPRISE THAT CREATES LIVING CLASSROOMS (SUCH AS OUR BAKERY, MARKET, ORGANIC FARM, RESTAURANT, AND GLASS STUDIO) TO PROVIDE REAL-LIFE LEARNING EXPERIENCES AND GENERATE INCOME. THE NONPROFIT SOCIAL ENTERPRISE MODEL ALLOWS US TO ADDRESS HISTORICALLY NEGATIVE ECONOMIC DEVELOPMENT IN APPALACHIA. UNLIKE TRADITIONAL BUSINESSES THAT OFTEN EXTRACTED PROFITS FOR OUTSIDE INTEREST, OUR SOCIAL ENTERPRISE MODEL CREATES SUSTAINABLE ENTERPRISES THAT REINVEST 100% BACK INTO THE LOCAL COMMUNITY. AND, SINCE WE ARE NONPROFIT, WE MEASURE OUR SUCCESS BY OUR LOCAL IMPACT IN THREE KEY FOCUS AREAS: PEOPLE--CREATING EDUCATIONAL AND ECONOMIC OPPORTUNITIES, PLANET--PROTECTING OUR NATURAL ENVIRONMENT, AND PROCEEDS--REINVESTING 100% LOCALLY.
Expenses $2,732,823 · Grants $44,145 · Revenue $308,230
As filed on the 2022 return.
Listed in Part VII
-
Seth WellsSETH WELLS
CULINARY DIRECTOR
- Total calculated
- $138,040
- From this org
- $126,727
- From related orgs
- $0
- Other
- $11,313
- Hours/week
- 40
-
Paul YanduraPAUL YANDURA
PRESIDENT/SECRETARY
- Total calculated
- $15,393
- From this org
- $0
- From related orgs
- $0
- Other
- $15,393
- Hours/week
- 30
-
Colette LaforceCOLETTE LAFORCE
CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry YatesJERRY YATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mitch OrndorffMITCH ORNDORFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan LewisJONATHAN LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark LewisMARK LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sam BrillSAM BRILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dania De La VegaDANIA DE LA VEGA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$7,766
GENERAL OPERATIONS
-
GENERAL OPERATIONS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349319253
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