Saving Grace Farm Inc.

990EZ • Fiscal year 2021 • EIN 56-2201244

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 11, 2022

Organization Profile N/A

725 Jackson RoadSalisbury, NC 28146

(704) 209-6577

Siviq Scores

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

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • NTEE P80 • <$500k nonprofits • Source year 2021

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • NTEE P80 • <$500k nonprofits • Source year 2021

4.5%

Higher net margin than 50% of similar nonprofits.

2021 filings • NTEE P80 • <$500k nonprofits • Source year 2021

$18,612

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2021 filings • NTEE P80 • <$500k nonprofits • Source year 2021

42%

Faster asset growth than 77% of similar nonprofits.

2021 filings • NTEE P80 • <$500k nonprofits • Annualized from 2020 to 2021

22%

Faster revenue growth than 58% of similar nonprofits.

2021 filings • NTEE P80 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets64th percentile

Assets

$15,948

Up $4,728 (+42%) from 2020

Net Assets

$14,852

Up $4,248 (+40%) from 2020

Liabilities

$1,096

Up $480 (+78%) from 2020

Revenue And Expenses

Liabilities / Revenue61st percentile Net Margin50th percentile

Revenue

$94,285

Up $17,303 (+22%) from 2020

Expenses

$90,036

Up $9,033 (+11%) from 2020

Net Income

$4,249

Up $8,270 (+206%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

Highlighted filing

2021

Assets$15,948

Liabilities$1,096

Net Assets$14,852

Open 2021 Filing

Operations Trend

Revenue Growth58th percentile

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

Highlighted filing

2021

Revenue$94,285

Expenses$90,036

Net Income$4,249

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2020 to Jun 30, 2021
Signed: Feb 11, 2022
Return Version: 2020v4.0
Gross Receipts: $102,489

Mission and Program Overview

Mission

Saving grace farm inc.'s mission is to enrich the quality of life and promote the abilities of individuals and families through equine assisted services.

Saving grace farm, inc.'s mission is to provide therapeutic equine services to children and adults, including veterans, who suffer from physical and/or mental disabilities and challenges.

Program Services

Description	Grants	Expenses
SAVING GRACE FARM, INC.'S MISSION IS TO PROVIDE THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES.	-	$63,001

Compensation and Service Providers

Top Officer Pay85th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JANNA GRIGGS	Executive Di	FT	$18,612	-	$18,612
JUDITH KLUSMAN	President	-	$0	-	-
KAREN BARBEE-ZIEGLAR	VP	-	$0	-	-
ELIZABETH GEROMETTA	Treasurer	-	$0	-	-
PAUL LUCAS	Member	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Spring Fundrais	$17,170	$17,170	$6,428	$10,742
Total Events	$17,170	$17,170	$6,428	$10,742

Filing and Contact Details

Filer

Filer Name: Saving Grace Farm Inc
EIN: 56-2201244
Address: 725 JACKSON ROAD, SALISBURY, NC 28146

Signing Officer

Name: Elizabeth Gerometta
Title: Treasurer
Signed: 2022-02-11

Preparer

Firm: Alan F Burke CPA Pa
Address: 430 JAKE ALEXANDER BLVD WEST, SALISBURY, NC 28147
Preparer: Rachel L Farmer CPA
Phone: 7046338697

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising & promotion 574 bank charges 149 dues & subscriptions 1,002 equipment rental 1,130 shipping 161 other 2,262 travel 292 insurance 1,597 horse care 20,655 other admin 259 lesson supplies 664 camp supplies 739 volunteer expenses 88 barn supplies 54 total 29,626”

Form 990-ez, Part II, Line 24

“534 534 less accumulated depreciation 534 534 total 0 0”

Form 990-ez, Part II, Line 26

“Federal 941 taxes payable 525 899 state withholding taxes payable 91 197”

Form 990-ez, Part III

“Saving grace farm, inc.'s mission is to provide therapeutic equine services to children and adults, including veterans, who suffer from physical and/or mental disabilities and challenges.”

Raw XML Appendix164 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.

Path	#	Value
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	JUDITH KLUSMAN
CompensationExplanation/CompensationExplanationGrp/PersonNm	1	KAREN BARBEEZIEGLAR
CompensationExplanation/CompensationExplanationGrp/PersonNm	2	ELIZABETH GEROMETTA
CompensationExplanation/CompensationExplanationGrp/PersonNm	3	PAUL LUCAS
CompensationExplanation/CompensationExplanationGrp/PersonNm	4	JANNA GRIGGS
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	JANNA GRIGGS
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7042096577
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	725 JACKSON ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	SALISBURY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	28146
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	11219
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	15948
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	43947
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	4249
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	30754
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	11219
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	15948
IRS990EZ/FundraisingGrossIncomeAmt	0	17240
IRS990EZ/GrossReceiptsAmt	0	102489
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	10603
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	14852
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	10603
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	14852
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	9620
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	18612
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JUDITH KLUSMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KAREN BARBEE-ZIEGLAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	ELIZABETH GEROMETTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	PAUL LUCAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	JANNA GRIGGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	EXECUTIVE DI
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	29626
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	SAVING GRACE FARM, INC.'S MISSION IS TO PROVIDE THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES.
IRS990EZ/ProgramServiceRevenueAmt	0	41302
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SAVING GRACE FARM, INC.'S MISSION IS TO PROVIDE THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	63001
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	20036
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	8204
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	9036
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	616
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	1096
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	90036
IRS990EZ/TotalProgramServiceExpensesAmt	0	63001
IRS990EZ/TotalRevenueAmt	0	94285
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	43947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	47787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	32329
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	17541
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	16373
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	157977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	58542
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	31957
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	43750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	37650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	21095
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	192994
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	350971
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	102489
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	79744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	76079
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	55191
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	37468
IRS990ScheduleA/Total509Grp/TotalAmt	0	350971
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	102489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	79744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	76079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	55191
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	37468
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	350971
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	6428
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	SPRING FUNDRAIS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	17170
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	17170
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	17170
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	17170
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	10742
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	6428
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	6428
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING & PROMOTION 574 BANK CHARGES 149 DUES & SUBSCRIPTIONS 1,002 EQUIPMENT RENTAL 1,130 SHIPPING 161 OTHER 2,262 TRAVEL 292 INSURANCE 1,597 HORSE CARE 20,655 OTHER ADMIN 259 LESSON SUPPLIES 664 CAMP SUPPLIES 739 VOLUNTEER EXPENSES 88 BARN SUPPLIES 54 TOTAL 29,626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	534 534 LESS ACCUMULATED DEPRECIATION 534 534 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	FEDERAL 941 TAXES PAYABLE 525 899 STATE WITHHOLDING TAXES PAYABLE 91 197
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	SAVING GRACE FARM, INC.'S MISSION IS TO PROVIDE THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ELIZABETH GEROMETTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SAVING GRACE FARM INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SAVI
ReturnHeader/Filer/EIN	0	562201244
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	725 JACKSON ROAD
ReturnHeader/Filer/USAddress/CityNm	0	SALISBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NC
ReturnHeader/Filer/USAddress/ZIPCd	0	28146
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	561929500
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ALAN F BURKE CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	430 JAKE ALEXANDER BLVD WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	SALISBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	28147
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7046338697
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	RACHEL L FARMER CPA
ReturnHeader/ReturnTs	0	2022-02-14T12:56:06-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	ELIZABETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	GEROMETTA
ReturnHeader/TaxPeriodBeginDt	0	2020-07-01
ReturnHeader/TaxPeriodEndDt	0	2021-06-30
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $15,948
Liabilities: $1,096
Net assets: $14,852
Revenue: $94,285
Expenses: $90,036
Net income: $4,249

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.66	$0.03	$1.62	$2.70	$1.72	$0.98
2024Summary only. Only limited summary data is available for this year.	$0.66	$0.01		$1.83	$1.64	$0.19
2023Detailed filing. Detailed filing data is available for this year.	$0.47	$0.01	$0.46	$1.46	$1.50	$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.52	$0.02	$0.50	$1.63	$1.28	$0.35
2021Detailed filing. Detailed filing data is available for this year.	$0.16	$0.01	$0.15	$0.94	$0.90	$0.04
2020Detailed filing. Detailed filing data is available for this year.	$0.11	$0.01	$0.11	$0.77	$0.81	$0.04
2019Detailed filing. Detailed filing data is available for this year.	$0.16	$0.01	$0.15	$0.70	$0.65	$0.05
2018Summary only. Only limited summary data is available for this year.	$0.10	$0.00		$0.50	$0.47	$0.03
2017Summary only. Only limited summary data is available for this year.	$0.07	$0.00		$0.35	$0.39	$0.04
2016Summary only. Only limited summary data is available for this year.	$0.11	$0.00		$0.97	$0.54	$1.52
2015Summary only. Only limited summary data is available for this year.	$1.63	$0.00		$0.25	$0.85	$0.60
2014Summary only. Only limited summary data is available for this year.	$2.28	$0.05		$0.96	$0.85	$0.11
2013Summary only. Only limited summary data is available for this year.	$1.69	$0.01		$0.68	$0.66	$0.02
2012Summary only. Only limited summary data is available for this year.	$1.67	$0.01		$0.71	$0.79	$0.08
2011Summary only. Only limited summary data is available for this year.	$1.74	$0.00		$0.57	$0.58	$0.01