Civic Intelligence

Salvation Farms Inc.

EIN 45-2954564 • 501(c)3 • Morrisville, VT

Pub. 78 Eligible
PO Box 1174Morrisville, VT 05661

www.salvationfarms.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.71x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.79x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

59th percentile

7.4%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$864,388

Up $59,565 (+7.4%) from 2023

Liabilities

Up

$610,569

Up $239,234 (+64%) from 2023

Net Assets

Down

$253,819

Down $179,669 (-41%) from 2023

Revenue

Down

$770,549

Down $100,698 (-12%) from 2023

Expenses

Up

$950,218

Up $82,264 (+9.5%) from 2023

Net Income

Down

-$179,669

Down $182,962 (-5556%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $23,889Liabilities 2012: $1,0992012Assets 2013: $108,012Liabilities 2013: $8,2152013Assets 2014: $210,702Liabilities 2014: $5,453Net Assets 2014: $205,2492014Assets 2015: $248,444Liabilities 2015: $22,096Net Assets 2015: $226,3482015Assets 2016: $229,043Liabilities 2016: $49,631Net Assets 2016: $179,4122016Assets 2017: $231,934Liabilities 2017: $49,631Net Assets 2017: $182,3032017Assets 2018: $408,573Liabilities 2018: $5,519Net Assets 2018: $403,0542018Assets 2019: $381,696Liabilities 2019: $8,408Net Assets 2019: $373,2882019Assets 2020: $516,880Liabilities 2020: $11,841Net Assets 2020: $505,0392020Assets 2021: $789,746Liabilities 2021: $240,687Net Assets 2021: $549,0592021Assets 2022: $599,396Liabilities 2022: $169,201Net Assets 2022: $430,1952022Assets 2023: $804,823Liabilities 2023: $371,335Net Assets 2023: $433,4882023Assets 2024: $864,388Liabilities 2024: $610,569Net Assets 2024: $253,8192024

Highlighted filing

2024

Assets$864,388
Liabilities$610,569
Net Assets$253,819

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $43,579Expenses 2012: $21,916Net Income 2012: $21,6632012Revenue 2013: $157,061Expenses 2013: $80,054Net Income 2013: $77,0072013Revenue 2014: $229,261Expenses 2014: $123,809Net Income 2014: $105,4522014Revenue 2015: $351,202Expenses 2015: $330,103Net Income 2015: $21,0992015Revenue 2016: $367,012Expenses 2016: $413,948Net Income 2016: -$46,9362016Revenue 2017: $665,344Expenses 2017: $662,453Net Income 2017: $2,8912017Revenue 2018: $868,146Expenses 2018: $647,395Net Income 2018: $220,7512018Revenue 2019: $630,468Expenses 2019: $660,234Net Income 2019: -$29,7662019Revenue 2020: $546,565Expenses 2020: $478,479Net Income 2020: $68,0862020Revenue 2021: $635,658Expenses 2021: $591,638Net Income 2021: $44,0202021Revenue 2022: $719,954Expenses 2022: $838,708Net Income 2022: -$118,7542022Revenue 2023: $871,247Expenses 2023: $867,954Net Income 2023: $3,2932023Revenue 2024: $770,549Expenses 2024: $950,218Net Income 2024: -$179,6692024

Highlighted filing

2024

Revenue$770,549
Expenses$950,218
Net Income-$179,669

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 19, 2025
Return Version
2024v5.2
Gross Receipts
$776,646
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$618,999$416,243▼ $202,756
Land, Buildings, and Equipment, Net$134,416$118,787▼ $15,629
Cash and Non-Interest-Bearing Accounts$33,692$36,417▲ $2,725
Prepaid Expenses and Deferred Charges$4,232$8,751▲ $4,519
Accounts Receivable$4,985$1,260▼ $3,725
Total Assets$804,823$864,388▲ $59,565
Other Assets Total$8,499$282,930▲ $274,431
Liabilities
Deferred Revenue$343,838$330,863▼ $12,975
Other Liabilities$6,285$252,125▲ $245,840
Accounts Payable and Accrued Expenses$21,212$27,581▲ $6,369
Total Liabilities$371,335$610,569▲ $239,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$433,488$253,819▼ $179,669
Total Net Assets Fund Balance$433,488$253,819▼ $179,669
Total Liabilities and Net Assets / Fund Balance$804,823$864,388▲ $59,565

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$82,279$40,956$123,235
Other Land Buildings$36,508$68,002$104,510
Other Assets Org$24,725--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theresa Snow Left in 2024Executive DirectorFT$64,490$8,051$72,541
Kelly DolanExecutive DirectorFT$55,385$5,114$60,499

Board Members and Trustees

NameTitle
Chris CallahanBoard President
Kate RileyVice President
Colin GiblinBoard Member
Katie Black Left in 2024Board Member
Sarah DanlyBoard Member
Sue BuckholzBoard Member
Suzane Slomin Left in 2024Board Member
Jane MacanSecretary
James HaffermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$743,498
Program Service Revenue
$11,605
Investment Income
$4,871
Other Revenue
$10,575
All Other Contributions
$743,498
Change in Net Assets
$-179,669

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory77,532$138,532Fair Market Value
Total Noncash Contributions77,532$138,532-

Audited Revenue Reconciliation

Revenue per Audited Statements
$770,549
Revenue Not Reported on Form 990
$17,134
Total Revenue per Audited Statements
$787,683
Total Revenue per Form 990
$770,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$565,247
Other Expenses$384,971
Total Fundraising Expense$59,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$285,076$61,098$8,948$355,122
Current Officers, Directors, Trustees, and Key Employees$86,056$16,045$19,524$121,625
Fees for Services Accounting-$51,378-$51,378
Other Employee Benefits$37,248$10,614$2,450$50,312
Payroll Taxes$29,586$6,349$2,253$38,188
Depreciation Depletion$30,466$1,693$1,693$33,852
Occupancy$5,396$23,232$40$28,668
Insurance-$13,302-$13,302
Information Technology-$12,652-$12,652
Office Expenses-$9,966$25$9,991
Travel$1,023$8,325-$9,348
All Other Expenses$9$8,184$29$8,222
Conferences and Meetings$2,464$665$1,535$4,664
Fees for Services Other-$3,039-$3,039
Other Expenses$228,130$-240,804$12,674$0
Total Functional Expenses$872,978$17,537$59,703$950,218

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$967,352
Expenses per Audited Statements$950,218
Total Expenses per Form 990$950,218
Expenses Not Reported on Form 990$17,134
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,430
Fundraising Direct Expenses$6,097
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Salvation Farms Aid$15,430$15,430-$15,430
Total Events$15,430$15,430$6,097$9,333
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease payable - Current portion$227,859
Federal income taxes$24,266
Operating lease payable - Long term portion-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The complteed Form 990 is reviewed by the Executive Director with the third party CPA, after which it is provided to the Board President and Treasurer for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members openly disclose conflicts of interest during meetings, should they arise. Additionally, conflict of interest forms are completed annually by all board members.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request and on https//www.guidestar.org/.

Filing and Contact Details

Filer

Filer Name
Salvation Farms Inc
EIN
45-2954564
Phone
8028884360
Address
PO Box 1174, Morrisville, VT 05661

Signing Officer

Name
Kelly Dolan
Title
Executive Director
Phone
8028884360
Signed
2025-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Dolan
Formed
2011
Legal Domicile
Vt
Voting Board Members
7
Independent Board Members
7
Employees
11
Volunteers
169

Preparer

Firm
Wisehart Wimette Associates PLC
Address
159 River Road, Essex Junction, VT 05452
Preparer
Kirk P Wisehart
Phone
8028791055
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 79,716, Grants and allocations 0, Revenue 0 Vermont Gleaning Collective - See schedule O

Form 990, Part III, Line 4A

Salvation Farms Gleaning - SALVATION FARMS YEAR-ROUND GLEANING SERVED 38 FARMS RESULTING IN 66,769 POUNDS OF SURPLUS PRODUCE INCLUDING 52 DIFFERENT CROP TYPES, PLUS 3,336 PLANT STARTS, 1,728 POUNDS OF CHEESE, AND 25 POUNDS OF MEAT BEING COLLECTED. 61 COMMUNITY-BASED, CHARITABLE FOOD PROGRAMS RECEIVED THE ORGANIZATIONS GLEANED FOOD E.G. FOOD SHELVES, SENIOR MEALS, PRESCHOOLS, ETC..

Form 990, Part III, Line 4B

Vermont Commodity Program - SALVATION FARMS DID MINIMAL PROCESSING AND FROZEN FOOD PRODUCTION AT THE FOOD VENTURE CENTER WITH THE INTENTION OF REFINING AND TESTING PRODUCTS IN PREPARATION FOR LAUNCH OF A FOOD PROCESSING HUB IN 2025. IN TOTAL 3,415 POUNDS OF 23 DIFFERENT FROZEN END PRODUCTS WERE PRODUCED IN 2024 FROM 14 DIFFERENT CROPS. DISTRIBUTION PROVIDED FROZEN FOOD TO SENIOR MEALS AND OTHER CHARITABLE FOOD SITES. WE WORKED WITH CONSULTANTS TO FURTHER DEVELOP OUR BUSINESS PLAN, AND MADE CONNECTIONS WITH POTENTIAL INSTITUTIONAL PARTNERS.

Form 990, Part III, Line 4C

Thought Leadership - THE GLEANING MANAGER REPLACED FORMER EXECUTIVE DIRECTORS CHAIR ROLE WITH THE NORTH AMERICAN ASSOCIATION OF GLEANING ORGANIZATIONS. SALVATION FARMS CONTIUED TECHINCAL ASSISTANCE THROUGH APRIL TO UPROOT COLORADO THROUGH A CONTRACT ESTABLISHED IN 2023. SEVERAL SALVATION FARMS TEAM MEMBERS SERVE AS ADVISORS TO FARM TO INSTITUTION NEW ENGLANDS EFFORT TO EFFECT FOOD SERVICE IN THE CARCERAL SYSTEM. ADDITIONALLY, 169 VOLUNTEERS CONTRIBUTED A TOTAL OF 630 HOURS IN SUPPORT OF THE ORGANIZATIONS MISSION.

Form 990, Part III, Line 4D

Vermont Gleaning Collective - THE VGC CONSISTED OF SIX MEMBER ORGANIZATIONS IN 2024, GLEANING A COMBINED 268,774 POUNDS FROM 194 FARMS WITH THE HELP OF 1,242 VOLUNTEERS WHO CONTRIBUTED A TOTAL 8,975 HOURS. MORE THAN 227 COMMUNITY-BASED, CHARITABLE FOOD PROGRAMS RECEIVED VGC GLEANINGS INCLUDING THE VERMONT FOODBANK AND ITS NETWORK. THE VGC ESTABLISHED A NEW DATA COLLECTION PROCESS WITH THE SUPPORT OF A CONSULTANY. SALVATION FARMS CONTINUED TO MANAGE AND INVEST IN THE WEB-BASED PLATFORM IT BUILT TO SERVE THE VGC WWW.VERMONTGLEANINGCOLLECTIVE.ORG.

Financial Statement Notes

X 2

The Organization annually files an IRS Form 990, Return of Organization Exempt Form Income Tax, tax return in the U.S. federal jurisdiction. The Organization is no longer subject to U.S. federal income tax examination by tax authorities for the years prior to 2021. In the normal course of business, the Organization is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the Organization believes it has taken no uncertain tax positions that could have an effect on its financial statements.

XI 2D

6,097 Fundraising event expenses reported in Part VIII - not Part IX

XII 2D

6,097 Fundraising event expenses reported in Part VIII - not Part IX

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