Civic Intelligence

Mandy'S Special Farm

990 • Fiscal year 2024 • EIN 85-0436516

Apr 01, 2023 to Mar 31, 2024 • Filed on Feb 14, 2025

PO Box 9346Albuquerque, NM 87119

(505) 873-1187

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.37x

Higher debt load relative to assets than 73% of similar nonprofits.

2024 filings • NTEE P • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.23x

Higher debt load relative to revenue than 67% of similar nonprofits.

2024 filings • NTEE P • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

-0.0%

Higher net margin than 38% of similar nonprofits.

2024 filings • NTEE P • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$103,402

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2024 filings • NTEE P • $1M-$5M nonprofits • Source year 2024

Asset Growth

68th percentile

13%

Faster asset growth than 68% of similar nonprofits.

2024 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

32%

Faster revenue growth than 76% of similar nonprofits.

2024 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,952,863

Up $337,805 (+13%) from 2023

Net Assets

Up

$1,862,194

Up $459,204 (+33%) from 2023

Liabilities

Down

$1,090,669

Down $121,399 (-10%) from 2023

Revenue

Up

$4,808,602

Up $1,168,886 (+32%) from 2023

Expenses

Up

$4,809,550

Up $197,702 (+4.3%) from 2023

Net Income

Up

-$948

Up $971,184 (+100%) from 2023

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $949,349Liabilities 2011: $369,289Net Assets 2011: $580,0602011Assets 2012: $889,476Liabilities 2012: $353,780Net Assets 2012: $535,6962012Assets 2013: $872,231Liabilities 2013: $357,964Net Assets 2013: $514,2672013Assets 2014: $1,351,806Liabilities 2014: $967,411Net Assets 2014: $384,3952014Assets 2015: $1,311,705Liabilities 2015: $1,015,169Net Assets 2015: $296,5362015Assets 2016: $1,539,384Liabilities 2016: $1,011,598Net Assets 2016: $527,7862016Assets 2017: $1,569,292Liabilities 2017: $958,433Net Assets 2017: $610,8592017Assets 2018: $1,406,551Liabilities 2018: $982,020Net Assets 2018: $424,5312018Assets 2019: $1,551,508Liabilities 2019: $960,723Net Assets 2019: $590,7852019Assets 2020: $1,649,088Liabilities 2020: $962,848Net Assets 2020: $686,2402020Assets 2021: $2,446,315Liabilities 2021: $1,406,036Net Assets 2021: $1,040,2792021Assets 2022: $3,175,992Liabilities 2022: $931,697Net Assets 2022: $2,244,2952022Assets 2023: $2,615,058Liabilities 2023: $1,212,068Net Assets 2023: $1,402,9902023Assets 2024: $2,952,863Liabilities 2024: $1,090,669Net Assets 2024: $1,862,1942024Assets 2025: $3,189,131Liabilities 2025: $1,150,278Net Assets 2025: $2,038,8532025

Highlighted filing

2024

Assets$2,952,863
Liabilities$1,090,669
Net Assets$1,862,194

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $380,230Expenses 2011: $491,106Net Income 2011: -$110,8762011Expenses 2012: $309,4412012Expenses 2013: $498,7572013Revenue 2014: $1,159,942Expenses 2014: $1,290,675Net Income 2014: -$130,7332014Revenue 2015: $1,569,591Expenses 2015: $1,656,260Net Income 2015: -$86,6692015Revenue 2016: $2,090,416Expenses 2016: $1,889,673Net Income 2016: $200,7432016Revenue 2017: $2,769,897Expenses 2017: $2,686,824Net Income 2017: $83,0732017Revenue 2018: $3,147,583Expenses 2018: $3,333,911Net Income 2018: -$186,3282018Revenue 2019: $3,680,896Expenses 2019: $3,572,666Net Income 2019: $108,2302019Revenue 2020: $3,984,571Expenses 2020: $3,886,351Net Income 2020: $98,2202020Revenue 2021: $3,709,749Expenses 2021: $3,362,662Net Income 2021: $347,0872021Revenue 2022: $5,158,055Expenses 2022: $3,956,160Net Income 2022: $1,201,8952022Revenue 2023: $3,639,716Expenses 2023: $4,611,848Net Income 2023: -$972,1322023Revenue 2024: $4,808,602Expenses 2024: $4,809,550Net Income 2024: -$9482024Revenue 2025: $5,276,394Expenses 2025: $5,100,960Net Income 2025: $175,4342025

Highlighted filing

2024

Revenue$4,808,602
Expenses$4,809,550
Net Income-$948
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Feb 14, 2025
Return Version
2023v6.0
Gross Receipts
$4,833,706
Mission and Program Overview

Mission

Mandy's special farm (dba mandy's farm) mission is to empower individuals with intellectual and developmental disabilities to lead fulfilling, meaningful lives by providing a foundation of supportive housing, rewarding employment opportunities, and strong community connections. We offer accessible, residential supportive housing designed to foster independence while ensuring that each individual has the resources they need to thrive. Our approach goes beyond simply providing a roof; we build a true sense of home, where everyone feels valued and included. Our employment training and placement services help individuals find meaningful work, allowing them to contribute to their community and build self-esteem. Through our agriculture apprenticeship program, we provide classroom and hands-on field education using a holistic approach to agriculture, focused on improving the environment through regenerative farming practices. After completing the two-year program, the apprentices are career

To assist individuals with developmental disabilities in achieving their goals for living, learning, and working in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$926,375$1,036,572▲ $110,197
Savings and Temporary Cash Investments$633,105$687,320▲ $54,215
Pledges and Grants Receivable$100,809$531,925▲ $431,116
Accounts Receivable$120,174$206,248▲ $86,074
Cash and Non-Interest-Bearing Accounts$296,116$53,315▼ $242,801
Prepaid Expenses and Deferred Charges$23,665$37,036▲ $13,371
Total Assets$2,615,058$2,952,863▲ $337,805
Other Assets Total$514,814$400,447▼ $114,367
Liabilities
Mortgage Notes Payable Secured by Investment Property$658,015$628,484▼ $29,531
Other Liabilities$367,380$240,500▼ $126,880
Accounts Payable and Accrued Expenses$175,123$201,385▲ $26,262
Deferred Revenue$11,550$20,300▲ $8,750
Total Liabilities$1,212,068$1,090,669▼ $121,399
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,362,990$1,182,434▼ $180,556
Net Assets With Donor Restrictions$40,000$679,760▲ $639,760
Total Net Assets Fund Balance$1,402,990$1,862,194▲ $459,204
Total Liabilities and Net Assets / Fund Balance$2,615,058$2,952,863▲ $337,805

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$400,809$1,282,267$1,683,076
Other Land Buildings$166,727$533,779$700,506
Leasehold Improvements$228,924$99,010$327,934
Land$204,924-$204,924
Equipment$35,188$136,484$171,672
Other Assets Org$34,175--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$31,901-▲ $2,274-$34,175
2022$31,929-▼ $28-$31,901
2021$29,278-▲ $2,651-$31,929
2020$22,364-▲ $6,914-$29,278
2019-$25,000▼ $2,636-$22,364
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa MccueExecutive DiFT$103,402$103,402

Board Members and Trustees

NameTitle
Ruthie Horn Robbins JdPresident
Clara KilcupDirector
Graham WhiteDirector
Joshua ElicioDirector
Julia ArnoldDirector
Kenneth ThompsonDirector
Michael HopkinsDirector
Michelle KingDirector
Peggy Graham JdDirector
Karen PadillaSecretary
Pauline RileyTreasurer
Loretta LevyVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,538,426
Program Service Revenue
$3,248,738
Investment Income
$2,274
Other Revenue
$19,164
All Other Contributions
$764,715
Change in Net Assets
$-948

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles2$167,193Retail Value
Other Non Cash Contri Table1$10,865Fair Market Value
Other Non Cash Contri Table1$9,747Sales Price
Other Non Cash Contri Table1$2,500Retail Price
Total Noncash Contributions5$190,305-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,808,602
Revenue Not Reported on Form 990
$3,314
Total Revenue per Audited Statements
$4,811,916
Total Revenue per Form 990
$4,808,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,766,724
Other Expenses$1,042,826
Total Fundraising Expense$209,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,733,576$286,927$158,974$3,179,477
Occupancy$287,449$15,454$6,182$309,085
Payroll Taxes$228,399$26,871$13,435$268,705
Other Employee Benefits$182,869$21,514$10,757$215,140
Depreciation Depletion$133,118$7,157$2,863$143,138
Fees for Services Accounting-$105,410-$105,410
Current Officers, Directors, Trustees, and Key Employees$56,871$41,361$5,170$103,402
Insurance$90,549$4,868$1,947$97,364
Travel$75,203$4,043$1,617$80,863
Fees for Services Other$1,153$41,610$68$42,831
Interest$36,126$1,942$777$38,845
Office Expenses$4,196$24,367$247$28,810
Information Technology$26,274$1,413$565$28,252
Other Expenses$16,205$17,763$953$17,763
Advertising-$14,159-$14,159
Conferences and Meetings-$11,318-$11,318
Fees for Services Legal-$6,887-$6,887
All Other Expenses$145$16$6,068$6,229
Total Functional Expenses$3,964,940$634,987$209,623$4,809,550

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,810,590
Expenses per Audited Statements$4,809,550
Total Expenses per Form 990$4,809,550
Expenses Not Reported on Form 990$1,040
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,104
Fundraising Gross Income$14,979
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Kentucky Derby$66,954$10,472$12,109$-1,637
Harvest Festiva$16,384$4,507$4,612$-105
Total Events$83,338$14,979$25,104$-10,125
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 Liability$240,500
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is presented to the board and reviewed by them before it is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance with the confilct of interest policy and takes corrective action as necessary.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of the executive director is through approval by the board of directors.

Form 990, Page 6, Part VI, Line 15B

The process for determining compensation of key employees is through approval by the board of directors.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
MANDY'S SPECIAL FARM
EIN
85-0436516
Phone
5058731187
Address
PO BOX 9346, ALBUQUERQUE, NM 87119

Signing Officer

Name
Melissa Mccue
Title
Executive Director
Phone
5058731187
Signed
2025-02-14

Organization Details

Principal Officer
Melissa Mccue
Formed
1995
Legal Domicile
Nm
Voting Board Members
11
Independent Board Members
11
Employees
211
Volunteers
100

Preparer

Firm
Taylor Roth and Company
Address
1580 LINCOLN ST STE 520, DENVER, CO 80203-1517
Preparer
Shannon L Gilliland
Phone
3038308109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Mandy's special farm (dba mandy's farm) mission is to empower individuals with intellectual and developmental disabilities to lead fulfilling, meaningful lives by providing a foundation of supportive housing, rewarding employment opportunities, and strong community connections. We offer accessible, residential supportive housing designed to foster independence while ensuring that each individual has the resources they need to thrive. Our approach goes beyond simply providing a roof; we build a true sense of home, where everyone feels valued and included. Our employment training and placement services help individuals find meaningful work, allowing them to contribute to their community and build self-esteem. Through our agriculture apprenticeship program, we provide classroom and hands-on field education using a holistic approach to agriculture, focused on improving the environment through regenerative farming practices. After completing the two-year program, the apprentices are career ready to work in the agriculture industry. We are committed to helping young people develop essential vocational and life skills in for the future. This program provides youth with the tools they need to become independent through employment opportunities. Our customized community supports program creates opportunities for the individuals we support to pursue their interests and build social skills and, community relationships. These activities bring individuals together to enjoy shared experiences and foster a sense of belonging. Through our equine and aquatic therapies, we offer innovative approaches to emotional and physical well-being, supporting our community in ways that are both healing and empowering. Our commitment to collaboration and meeting the needs of those we serve drives everything we do. At mandy's farm, we don't just provide services-we build lasting connections, create opportunities, and foster positive change. We are dedicated to creating a community where everyone can thrive, feel a sense of belonging, and find meaning in their lives.

Form 990, Page 1, Part I, Line 6

Duties of volunteers include light landscaping and clean up of agricultural areas and the barn, including clearing stalls, gardening beds, outdoor storage areas, and assisting with animal care responsibilities.

Form 990, Part XI, Line 9

Audit adjustments 457,878 adjustments were recorded during the audit for the fiscal year ended march 31, 2023, which was completed after the form 990 was submitted. The net effect was 457,878.

Financial Statement Notes

Schedule D, Page 3, Part X

Msf is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code, accordingly, no provision for income taxes has been reflected in the financial statements. The accounting standards on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Unter that guidance, msf may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being related upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for years ended march 31, 2024 or 2023. The organization's tax returns by statute, may be subject to normal federal and state examinations up to three years from date of filing.

Schedule D, Page 4, Part XI, Line 2D

Change in beneficial interest 2,274

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IRS990/Desc0MANDY'S FARM SERVICES INCLUDE RESIDENTIAL SUPPORTS, CUSTOMIZED COMMUNITY SUPPORTS, AND CUSTOMIZED INTEGRATED EMPLOYMENT SERVICES. THESE SERVICES ARE DESIGNED TO HELP THE INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES IDENTIFY, DEVELOP AND ACHIEVE THEIR GOALS. THROUGH QUALITY INDIVIDUALIZED CARE AND ENHANCED PROGRAMS, INDIVIDUALS ARE TAUGHT NEW SKILLS, AS WELL AS GIVEN OPPORTUNITIES TO SERVE AND DEVELOP RELATIONSHIPS IN THE COMMUNITY. IN FYE 3/2024 MANDY'S FARM SERVED MORE THAN 120 PEOPLE IN THE DAY PROGRAM, 11 RESIDENTS, AND 130 PEOPLE IN THE MEDICAID PROGRAM. ENHANCED PROGRAMMING OPTIONS INCLUDE: THERAPEUTIC SWIMMING, GARDENING AND FARMERS MARKET, THERAPEUTIC HORSEMANSHIP, VISUAL ARTS, SERVICE LEARNING, AND PRE-VOCATIONAL AND ON-SITE VOCATIONAL SUPPORTS.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.19$1.15$2.04$5.28$5.10$0.18
2024Detailed filing. Detailed filing data is available for this year.$2.95$1.09$1.86$4.81$4.81$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.62$1.21$1.40$3.64$4.61$0.97
2022Detailed filing. Detailed filing data is available for this year.$3.18$0.93$2.24$5.16$3.96$1.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$1.41$1.04$3.71$3.36$0.35
2020Detailed filing. Detailed filing data is available for this year.$1.65$0.96$0.69$3.98$3.89$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.96$0.59$3.68$3.57$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.98$0.42$3.15$3.33$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.57$0.96$0.61$2.77$2.69$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.54$1.01$0.53$2.09$1.89$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.31$1.02$0.30$1.57$1.66$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.97$0.38$1.16$1.29$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.36$0.51$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.35$0.54$0.31
2011Summary only. Only limited summary data is available for this year.$0.95$0.37$0.58$0.38$0.49$0.11