Civic Intelligence

The Learning Tree Farm Inc

990 • Fiscal year 2017 • EIN 31-0831408

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

3376 S Union RdDayton, OH 45417

(937) 866-8650

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

60th percentile

$37,500

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

62nd percentile

8.4%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$849,875

Up $65,580 (+8.4%) from 2016

Net Assets

Up

$849,149

Up $68,661 (+8.8%) from 2016

Liabilities

Down

$726

Down $3,081 (-81%) from 2016

Revenue

Up

$364,493

Up $56,415 (+18%) from 2016

Expenses

Up

$295,832

Up $46,251 (+19%) from 2016

Net Income

Up

$68,661

Up $10,164 (+17%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $511,591Liabilities 2010: $8,229Net Assets 2010: $503,3622010Assets 2011: $505,481Liabilities 2011: $5,941Net Assets 2011: $499,5402011Assets 2012: $514,075Liabilities 2012: $4,847Net Assets 2012: $509,2282012Assets 2013: $474,752Liabilities 2013: $5,160Net Assets 2013: $469,5922013Assets 2014: $661,779Liabilities 2014: $2,981Net Assets 2014: $658,7982014Assets 2015: $721,322Liabilities 2015: $3,521Net Assets 2015: $717,8012015Assets 2016: $784,295Liabilities 2016: $3,807Net Assets 2016: $780,4882016Assets 2017: $849,875Liabilities 2017: $726Net Assets 2017: $849,1492017Assets 2018: $896,230Liabilities 2018: $3,640Net Assets 2018: $892,5902018Assets 2019: $932,357Liabilities 2019: $9,881Net Assets 2019: $922,4762019Assets 2020: $1,309,433Liabilities 2020: $46,637Net Assets 2020: $1,262,7962020Assets 2021: $1,452,240Liabilities 2021: $12,323Net Assets 2021: $1,439,9172021Assets 2022: $1,359,710Liabilities 2022: $5,061Net Assets 2022: $1,354,6492022Assets 2023: $1,316,961Liabilities 2023: $5,496Net Assets 2023: $1,311,4652023Assets 2024: $1,388,701Liabilities 2024: $3,906Net Assets 2024: $1,384,7952024

Highlighted filing

2017

Assets$849,875
Liabilities$726
Net Assets$849,149

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $244,8962010Expenses 2011: $234,9022011Expenses 2012: $210,2012012Revenue 2013: $148,664Expenses 2013: $217,308Net Income 2013: -$68,6442013Revenue 2014: $407,147Expenses 2014: $223,760Net Income 2014: $183,3872014Revenue 2015: $251,163Expenses 2015: $189,609Net Income 2015: $61,5542015Revenue 2016: $308,078Expenses 2016: $249,581Net Income 2016: $58,4972016Revenue 2017: $364,493Expenses 2017: $295,832Net Income 2017: $68,6612017Revenue 2018: $358,755Expenses 2018: $296,172Net Income 2018: $62,5832018Revenue 2019: $336,635Expenses 2019: $363,993Net Income 2019: -$27,3582019Revenue 2020: $607,758Expenses 2020: $320,557Net Income 2020: $287,2012020Revenue 2021: $493,952Expenses 2021: $417,411Net Income 2021: $76,5412021Revenue 2022: $544,234Expenses 2022: $521,792Net Income 2022: $22,4422022Revenue 2023: $461,137Expenses 2023: $580,940Net Income 2023: -$119,8032023Revenue 2024: $576,110Expenses 2024: $562,843Net Income 2024: $13,2672024

Highlighted filing

2017

Revenue$364,493
Expenses$295,832
Net Income$68,661
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$364,493
Mission and Program Overview

Mission

Learning Tree Farm's mission is to provide hands-on learning experiences for all children and families in a traditional farm setting. For educational purposes, we preserve 85 acres of a pioneer-era, family-owed farm built in the 1800s. It is complete with historic structures, dozens of farm animals, organic gardens, and forested hiking trails.

Learning tree farm's mission is to provide hands-on learning experiences for all children and families in a traditional farm setting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$509,090$489,488▼ $19,602
Investments Other Securities$165,819$183,656▲ $17,837
Cash and Non-Interest-Bearing Accounts$103,584$170,211▲ $66,627
Inventories for Sale or Use$5,320$5,320→ $0
Accounts Receivable$482$1,200▲ $718
Total Assets$784,295$849,875▲ $65,580
Liabilities
Accounts Payable and Accrued Expenses$3,807$726▼ $3,081
Total Liabilities$3,807$726▼ $3,081
Net Assets / Fund Balance
Unrestricted Net Assets$614,669$665,493▲ $50,824
Permanently Rstr Net Assets$165,819$183,656▲ $17,837
Total Net Assets Fund Balance$780,488$849,149▲ $68,661
Total Liabilities and Net Assets / Fund Balance$784,295$849,875▲ $65,580

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$395,899$128,051$523,950
Land$83,723-$83,723
Equipment$9,866$53,869$63,735
Other Securities$183,656--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$165,819-▲ $17,837-$183,656
2016$165,762-▲ $57-$165,819
2015$173,242-▼ $1,402-$165,762
2014$172,127-▲ $6,928-$173,242
2013$152,416-▲ $25,321-$172,127
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Loralynn HickeyDirector of Farm OperationsFT$37,500$37,500

Board Members and Trustees

NameTitle
Nicholas BeckPresident
Drew RaucciVice-President
Emerson KeckHonorary Trustee
Beth EngelhardtTrustee
Collin HeinzTrustee
Dave DennyTrustee
David FisherTrustee
Dona VellaTrustee
Jenn ParkerTrustee
Nicole WillTrustee
Robert BaslTrustee
Troy BlackTrustee
Joe MinhamSecretary
Brett VandemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$197,034
Program Service Revenue
$137,867
Investment Income
$29,592
Other Revenue
$0
All Other Contributions
$169,652
Change in Net Assets
$68,661

Audited Revenue Reconciliation

Revenue per Audited Statements
$364,493
Total Revenue per Audited Statements
$364,493
Total Revenue per Form 990
$364,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$197,408
Other Expenses$98,424
Total Fundraising Expense$15,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$135,062$46,858$15,488$197,408
Office Expenses$0$19,973$0$19,973
Depreciation Depletion$19,602$0$0$19,602
Other Expenses$4,715$1,708$0$6,423
Total Functional Expenses$207,765$72,579$15,488$295,832

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$295,832
Total Expenses per Audited Statements$295,832
Total Expenses per Form 990$295,832
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Learning Tree Farm Inc
EIN
31-0831408
Phone
9378668650
Address
3376 S Union Rd, Dayton, OH 45417

Signing Officer

Name
Loralynn Hickey
Title
Director of Farm Operations
Phone
9378668650
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Loralynn Hickey
Formed
1973
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
32
Volunteers
600

Preparer

Firm
Matthew J Scarr CPA LLC
Address
808 East Franklin St, Centerville, OH 45459-5605
Preparer
Matthew J Scarr CPA
Phone
9372321200
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Each person is given a copy of the Form 990.

Pt VI, Line 15A

The Board of Directors reviews the Directors annually.

Pt VI, Line 15B

The Board of Directors reviews the employees annually.

Pt VI, Line 12C

The Board of Directors updates annually.

Financial Statement Notes

Pt II, Line 3

N/A

Pt II, Line 5

N/A

Pt II, Line 9

Amount included in government grants revenue on Statement of Activities.

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IRS990/OtherExpensesGrp/TotalAmt142906
IRS990/OtherExpensesGrp/TotalAmt27465
IRS990/OtherExpensesGrp/TotalAmt36423
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015488
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046858
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0135062
IRS990/OtherSalariesAndWagesGrp/TotalAmt0197408
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0165819
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0183656
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LORALYNN HICKEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0Admission Fees
IRS990/ProgramServiceRevenueGrp/Desc1Animal & Crop Sales
IRS990/ProgramServiceRevenueGrp/Desc2Gift Shop Sales
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0132277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15465
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2125
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0199408
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05059
IRS990/PYOtherExpensesAmt092847
IRS990/PYOtherRevenueAmt04234
IRS990/PYProgramServiceRevenueAmt099377
IRS990/PYRevenuesLessExpensesAmt058497
IRS990/PYSalariesCompEmpBnftPaidAmt0156734
IRS990/PYTotalExpensesAmt0249581
IRS990/PYTotalRevenueAmt0308078
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt068661
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0137867
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0395899
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0128051
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0523950
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0165819
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0183656
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt017837
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0165762
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0165819
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt057
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0173242
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0165762
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt06078
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1402
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0172127
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0173242
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt05813
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06928
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0152416
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0172127
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt05610
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt025321
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt09866
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063735
IRS990ScheduleD/ExpensesSubtotalAmt0295832
IRS990ScheduleD/LandGrp/BookValueAmt083723
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt083723
IRS990ScheduleD/ModifiedEasementsCnt00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0183656
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Dayton Foundation
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueSubtotalAmt0364493
IRS990ScheduleD/Section170hRqrStsfdInd0true
IRS990ScheduleD/StaffHoursSpentEnforcementCnt00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1N/A
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Amount included in government grants revenue on Statement of Activities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt II, Line 3
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt II, Line 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt II, Line 9
IRS990ScheduleD/TotalAcreageCnt064.0
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0489488
IRS990ScheduleD/TotalBookValueSecuritiesAmt0183656
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalExpensesPerForm990Amt0295832
IRS990ScheduleD/TotalRevenuePerForm990Amt0364493
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0364493
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0295832
IRS990ScheduleD/WrittenPolicyMonitoringInd0true
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY APPEARS IN ALL ORGANIZATIONAL MATERIALS. N/A
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1N/A
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 4d
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each person is given a copy of the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors reviews the Directors annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors reviews the employees annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors updates annually.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.38$0.58$0.56$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$0.46$0.58$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.01$1.35$0.54$0.52$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.44$0.49$0.42$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.05$1.26$0.61$0.32$0.29
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.01$0.92$0.34$0.36$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.89$0.36$0.30$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.36$0.30$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.31$0.25$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.25$0.19$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.41$0.22$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.47$0.15$0.22$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.01$0.50$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.01$0.50$0.24