Civic Intelligence

Elk Hill Farm Foundation

990 • Fiscal year 2019 • EIN 54-1717053

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 13, 2019

PO Box 99Goochland, VA 23063

(804) 457-4866

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

7th percentile

0.00x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

3rd percentile

-109%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

45th percentile

1.8%

Faster asset growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-50%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,160,903

Up $127,238 (+1.8%) from 2018

Net Assets

Up

$7,160,903

Up $127,238 (+1.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$156,474

Down $156,783 (-50%) from 2018

Expenses

Up

$327,061

Up $11,738 (+3.7%) from 2018

Net Income

Down

-$170,587

Down $168,521 (-8157%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,483,282Liabilities 2011: $3,637Net Assets 2011: $3,479,6452011Assets 2012: $3,419,432Liabilities 2012: $3,006Net Assets 2012: $3,416,4262012Assets 2013: $3,918,518Liabilities 2013: $2,270Net Assets 2013: $3,916,2482013Assets 2014: $5,824,884Liabilities 2014: $1,417Net Assets 2014: $5,823,4672014Assets 2015: $6,521,238Liabilities 2015: $433Net Assets 2015: $6,520,8052015Assets 2016: $6,451,592Liabilities 2016: $0Net Assets 2016: $6,451,5922016Assets 2017: $6,824,107Liabilities 2017: $0Net Assets 2017: $6,824,1072017Assets 2018: $7,033,665Liabilities 2018: $0Net Assets 2018: $7,033,6652018Assets 2019: $7,160,903Liabilities 2019: $0Net Assets 2019: $7,160,9032019Assets 2020: $7,332,497Liabilities 2020: $0Net Assets 2020: $7,332,4972020Assets 2021: $8,841,654Liabilities 2021: $0Net Assets 2021: $8,841,6542021Assets 2022: $7,830,680Liabilities 2022: $0Net Assets 2022: $7,830,6802022Assets 2023: $8,291,491Liabilities 2023: $0Net Assets 2023: $8,291,4912023Assets 2024: $7,548,975Liabilities 2024: $0Net Assets 2024: $7,548,9752024Assets 2025: $7,627,194Liabilities 2025: $0Net Assets 2025: $7,627,1942025

Highlighted filing

2019

Assets$7,160,903
Liabilities$0
Net Assets$7,160,903

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $144,0512011Expenses 2012: $148,6882012Expenses 2013: $183,5022013Revenue 2014: $1,607,794Expenses 2014: $254,620Net Income 2014: $1,353,1742014Revenue 2015: $1,031,939Expenses 2015: $273,644Net Income 2015: $758,2952015Revenue 2016: $500,924Expenses 2016: $280,539Net Income 2016: $220,3852016Revenue 2017: $267,365Expenses 2017: $278,042Net Income 2017: -$10,6772017Revenue 2018: $313,257Expenses 2018: $315,323Net Income 2018: -$2,0662018Revenue 2019: $156,474Expenses 2019: $327,061Net Income 2019: -$170,5872019Revenue 2020: $908,060Expenses 2020: $371,996Net Income 2020: $536,0642020Revenue 2021: $152,870Expenses 2021: $472,052Net Income 2021: -$319,1822021Revenue 2022: $817,541Expenses 2022: $416,594Net Income 2022: $400,9472022Revenue 2023: $184,911Expenses 2023: $434,409Net Income 2023: -$249,4982023Revenue 2024: $145,154Expenses 2024: $402,325Net Income 2024: -$257,1712024Revenue 2025: $676,495Expenses 2025: $408,251Net Income 2025: $268,2442025

Highlighted filing

2019

Revenue$156,474
Expenses$327,061
Net Income-$170,587
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$582,507
Mission and Program Overview

Mission

Elk hill farm foundation's mission is to exclusively benefit, perform, and carry out the charitable, educational and scientific purposes of elk hill farm, inc. Elk hill farm, inc. Enables children and families to transform overwhelming challenges into successful futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,346,075$6,709,295▲ $363,220
Cash and Non-Interest-Bearing Accounts$245,845$237,391▼ $8,454
Pledges and Grants Receivable$195,757$204,862▲ $9,105
Total Assets$7,033,665$7,160,903▲ $127,238
Other Assets Total$245,988$9,355▼ $236,633
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$4,528,674$4,642,187▲ $113,513
Permanently Rstr Net Assets$2,344,885$2,348,003▲ $3,118
Temporarily Rstr Net Assets$160,106$170,713▲ $10,607
Total Net Assets Fund Balance$7,033,665$7,160,903▲ $127,238
Total Liabilities and Net Assets / Fund Balance$7,033,665$7,160,903▲ $127,238
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$12,222
Program Service Revenue
$0
Investment Income
$144,252
Other Revenue
$0
All Other Contributions
$12,222
Change in Net Assets
$-170,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$317,512
Other Expenses$9,549
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$317,512--$317,512
Fees for Services Management-$9,549-$9,549
Total Functional Expenses$317,512$9,549$0$327,061
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Elk Hill Farm IncGoochland, VA-Assist Elk Hill Farm With Its Mission.$317,512
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is presented to the board of trustees for review before filing.

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

The conflict of interest policy is distributed each year as part of the board manual. In addition, each new board member attends an orientation session and discusses, amongst other issues, conflicts of interest. Each year board members are provided with the annual board manual which highlights this area.

Form 990, Part VI, Section C, Line 19

Elk hill publishes an annual report which provides contact information through which the public can gain access to audited financial statements, as well as other governing documents. Elk hill farm, inc. Maintains a website which provides access to the 990.

Filing and Contact Details

Filer

Filer Name
Elk Hill Farm Foundation
EIN
54-1717053
Phone
8044574866
Address
PO BOX 99, GOOCHLAND, VA 23063

Signing Officer

Name
Michael Farley
Title
Chief Executive Officer
Phone
8044574866
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Farley
Formed
1970
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Yount Hyde & Barbour Pc
Address
PO BOX 2560, WINCHESTER, VA 22604-1760
Preparer
Olivia a Hutton CPA
Phone
5406623417
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year

Raw XML Appendix375 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
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IRS990/GamingActivitiesInd00
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IRS990/MissionDesc0ELK HILL FARM FOUNDATION'S MISSION IS TO EXCLUSIVELY BENEFIT, PERFORM, AND CARRY OUT THE CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES OF ELK HILL FARM, INC. ELK HILL FARM, INC. ENABLES CHILDREN AND FAMILIES TO TRANSFORM OVERWHELMING CHALLENGES INTO SUCCESSFUL FUTURES.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSIST ELK HILL FARM WITH ITS MISSION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED EACH YEAR AS PART OF THE BOARD MANUAL. IN ADDITION, EACH NEW BOARD MEMBER ATTENDS AN ORIENTATION SESSION AND DISCUSSES, AMONGST OTHER ISSUES, CONFLICTS OF INTEREST. EACH YEAR BOARD MEMBERS ARE PROVIDED WITH THE ANNUAL BOARD MANUAL WHICH HIGHLIGHTS THIS AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELK HILL PUBLISHES AN ANNUAL REPORT WHICH PROVIDES CONTACT INFORMATION THROUGH WHICH THE PUBLIC CAN GAIN ACCESS TO AUDITED FINANCIAL STATEMENTS, AS WELL AS OTHER GOVERNING DOCUMENTS. ELK HILL FARM, INC. MAINTAINS A WEBSITE WHICH PROVIDES ACCESS TO THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237071154
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SPECIALIZED ED,COMMUNITY-BASED SERVICES AND RESIDENTIAL PROGRAMS FOR YOUTH.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 99
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GOOCHLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd023063
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0317512
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt19355
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt29550
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ELK HILL FARM INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ELK HILL FARM INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ELK HILL FARM INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0160106
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0170713
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07033665
IRS990/TotalAssetsEOYAmt07160903
IRS990/TotalAssetsGrp/BOYAmt07033665
IRS990/TotalAssetsGrp/EOYAmt07160903
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt012222
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09549
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0317512
IRS990/TotalFunctionalExpensesGrp/TotalAmt0327061
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07033665
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07160903
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0317512
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0144252
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156474
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07033665
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07160903
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04528674
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04642187
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 99
IRS990/USAddress/CityNm0GOOCHLAND
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023063
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.ELKHILLFARM.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL FARLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08044574866
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELK HILL FARM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ELKH
ReturnHeader/Filer/EIN0541717053
ReturnHeader/Filer/PhoneNum08044574866
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 99
ReturnHeader/Filer/USAddress/CityNm0GOOCHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023063
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C3530B147E31FA9CCE08A9B173E65B45BC35E875
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.4.100.170
ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:06:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541149263
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YOUNT HYDE & BARBOUR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2560
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0226041760
ReturnHeader/PreparerPersonGrp/PhoneNum05406623417
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OLIVIA A HUTTON CPA
ReturnHeader/ReturnTs02019-11-14T09:27:01-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.63$0.00$7.63$0.68$0.41$0.27
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.55$0.00$7.55$0.15$0.40$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.29$0.00$8.29$0.18$0.43$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.83$0.00$7.83$0.82$0.42$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.84$0.00$8.84$0.15$0.47$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$0.00$7.33$0.91$0.37$0.54
2019Detailed filing. Detailed filing data is available for this year.$7.16$0.00$7.16$0.16$0.33$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.03$0.00$7.03$0.31$0.32$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.82$0.00$6.82$0.27$0.28$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.45$0.00$6.45$0.50$0.28$0.22
2015Detailed filing. Detailed filing data is available for this year.$6.52$0.00$6.52$1.03$0.27$0.76
2014Detailed filing. Detailed filing data is available for this year.$5.82$0.00$5.82$1.61$0.25$1.35
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$0.00$3.92$0.18
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.00$3.48$0.14