Civic Intelligence

Quiet Creek Farm

EIN 26-4567220 • 501(c)3 • Lexington, KY

Profile

Quiet creek farm is a place for men to live in a drug and alcohol free environment. While in a long term recovery from addiction, residents learn to work with and care for horses.

4100 Rainwater CircleLexington, KY 40515

www.quietcreekfarm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-60%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $66,796 (-100%) from 2016

Liabilities

Down

$0

Down $95,181 (-100%) from 2016

Net Assets

Up

$0

Up $28,385 (+100%) from 2016

Revenue

Down

$111,621

Down $166,614 (-60%) from 2016

Expenses

Down

$83,236

Down $200,544 (-71%) from 2016

Net Income

Up

$28,385

Up $33,930 (+612%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50K-$100KAssets 2012: $34,477Liabilities 2012: $101,205Net Assets 2012: -$66,7282012Assets 2013: $28,918Liabilities 2013: $107,312Net Assets 2013: -$78,3942013Assets 2014: $63,826Liabilities 2014: $95,391Net Assets 2014: -$31,5652014Assets 2015: $84,034Liabilities 2015: $106,874Net Assets 2015: -$22,8402015Assets 2016: $66,796Liabilities 2016: $95,181Net Assets 2016: -$28,3852016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $169,494Expenses 2012: $197,599Net Income 2012: -$28,1052012Revenue 2013: $200,188Expenses 2013: $211,854Net Income 2013: -$11,6662013Revenue 2014: $224,515Expenses 2014: $177,686Net Income 2014: $46,8292014Revenue 2015: $235,948Expenses 2015: $227,223Net Income 2015: $8,7252015Revenue 2016: $278,235Expenses 2016: $283,780Net Income 2016: -$5,5452016Revenue 2017: $111,621Expenses 2017: $83,236Net Income 2017: $28,3852017

Highlighted filing

2017

Revenue$111,621
Expenses$83,236
Net Income$28,385

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 16, 2018
Return Version
2017v2.2
Gross Receipts
$124,524
Mission and Program Overview

Mission

Quiet creek farm is a place for men to live in a drug and alcohol free environment. While in a long term recovery from addiction, residents learn to work with and care for horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$72,622--
Cash and Non-Interest-Bearing Accounts$48,955$0▼ $48,955
Land, Buildings, and Equipment, Net$17,841$0▼ $17,841
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$66,796$0▼ $66,796
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,903--
Other Liabilities$4,656--
Total Liabilities$95,181$0▼ $95,181
Net Assets / Fund Balance
Unrestricted Net Assets$-28,385--
Total Net Assets Fund Balance$-28,385$0▲ $28,385
Total Liabilities and Net Assets / Fund Balance$66,796$0▼ $66,796

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$16,000$8,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marc H TempletonPresident
Sharel L TempletonVice President
Connie ForkenbrockBoard Member
Edward DoveBoard Member
Edwin SloanBoard Member
Ronald ForkenbrockBoard Member
Robyn S JustusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,975
Program Service Revenue
$62,179
Investment Income
$26,319
Other Revenue
$20,148
All Other Contributions
$2,975
Change in Net Assets
$28,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,481
Salaries, Compensation, and Employee Benefits$31,755
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$27,541--$27,541
All Other Expenses$16,499--$16,499
Depreciation Depletion$4,938--$4,938
Other Expenses$4,491--$4,491
Payroll Taxes$4,214--$4,214
Insurance$3,359--$3,359
Advertising$1,159--$1,159
Fees for Services Accounting$1,045--$1,045
Total Functional Expenses$83,236$0$0$83,236
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$72,622--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Quiet Creek Farm
EIN
26-4567220
Phone
6065310235
Address
4100 RAINWATER CIRCLE, LEXINGTON, KY 40515

Signing Officer

Name
Marc H Templeton
Title
President
Signed
2018-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
0
Employees
3

Preparer

Firm
Summers McCrary & Sparks PSC
Address
110 East Lowry Lane, Lexington, KY 40503
Preparer
Thomas S Sparks CPA
Phone
8592648785
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

BOOKS & SUBSCRIPTIONS: Column (A) - Total = $1045; Column (B) - Program Services = $1045; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CONTRACT LABOR: Column (A) - Total = $4218; Column (B) - Program Services = $4218; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

HAY: Column (A) - Total = $1588; Column (B) - Program Services = $1588; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MATERIALS & SUPPLIES: Column (A) - Total = $805; Column (B) - Program Services = $805; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

other COSTS: Column (A) - Total = $362; Column (B) - Program Services = $362; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $77; Column (B) - Program Services = $77; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

REPAIRS & MAINTENANCE: Column (A) - Total = $3447; Column (B) - Program Services = $3447; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ROUNDING: Column (A) - Total = $-2; Column (B) - Program Services = $-2; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $3649; Column (B) - Program Services = $3649; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

VET SERVICES: Column (A) - Total = $1310; Column (B) - Program Services = $1310; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/PYTotalRevenueAmt0278235
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt028385
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011527
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt047301
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062179
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0240645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0212300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0207725
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0177250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0900099
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98880
IRS990ScheduleA/PublicSupportPY509Pct00.98980
IRS990ScheduleA/PublicSupportTotal509Amt0936803
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt05597
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt010597
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt05597
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt010597
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt065154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0257150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0223827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0213285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0187984
IRS990ScheduleA/Total509Grp/TotalAmt0947400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt065154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0257150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0223827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0213285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0187984
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0947400
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016000
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt08000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08000
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0116272
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MARC TEMPLETON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0PRESIDENT OF ORGANIZATION HAS LOANED THE ORGANIZATION FUNDS TO CONTINUE ITS OPERATIONS
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Equipment
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Marc & Sharel Templeton
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02017-10-01
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt039222
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Dealer FMV
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt04100 Rainwater Circle
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Lexington
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0KY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd040503
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOKS & SUBSCRIPTIONS: Column (A) - Total = $1045; Column (B) - Program Services = $1045; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR: Column (A) - Total = $4218; Column (B) - Program Services = $4218; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HAY: Column (A) - Total = $1588; Column (B) - Program Services = $1588; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MATERIALS & SUPPLIES: Column (A) - Total = $805; Column (B) - Program Services = $805; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6other COSTS: Column (A) - Total = $362; Column (B) - Program Services = $362; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Postage and Shipping: Column (A) - Total = $77; Column (B) - Program Services = $77; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REPAIRS & MAINTENANCE: Column (A) - Total = $3447; Column (B) - Program Services = $3447; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ROUNDING: Column (A) - Total = $-2; Column (B) - Program Services = $-2; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TELEPHONE: Column (A) - Total = $3649; Column (B) - Program Services = $3649; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11VET SERVICES: Column (A) - Total = $1310; Column (B) - Program Services = $1310; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt066796
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt066796
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02975
IRS990/TotalEmployeeCnt03

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