Civic Intelligence

Hearts Desire Farm Inc.

EIN 86-2229305 • 501(c)3 • Cullen, VA

Pub. 78 Eligible990-N CoverageNTEE P20

Profile

Horse rescue and rehabilitation. Sustainable food

2498 Darlington Hts RdCullen, VA 23934
Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-86%

Higher net margin than 7% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE P20 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

5.7%

Faster asset growth than 57% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-24%

Faster revenue growth than 29% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$77,629

Up $4,164 (+5.7%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Down

$66,013

Down $7,452 (-10%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin7th percentile

Revenue

Down

$8,681

Down $2,747 (-24%) from 2023

Expenses

Down

$16,133

Down $4,997 (-24%) from 2023

Net Income

Up

-$7,452

Up $2,250 (+23%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$150K$100K$50K$0Assets 2022: $101,304Net Assets 2022: $83,1672022Assets 2023: $73,465Net Assets 2023: $73,4652023Assets 2024: $77,629Liabilities 2024: $0Net Assets 2024: $66,0132024

Highlighted filing

2024

Assets$77,629
Liabilities$0
Net Assets$66,013
Open 2024 Filing

Operations Trend

Revenue Growth29th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2022: $66,349Expenses 2022: $22,862Net Income 2022: $43,4872022Revenue 2023: $11,428Expenses 2023: $21,130Net Income 2023: -$9,7022023Revenue 2024: $8,681Expenses 2024: $16,133Net Income 2024: -$7,4522024

Highlighted filing

2024

Revenue$8,681
Expenses$16,133
Net Income-$7,452
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,629
Liabilities
$0
Net assets
$66,013
Revenue
$8,681
Expenses
$16,133
Net income
-$7,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.66$0.09$0.16$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.11$0.21$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.83$0.66$0.23$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$8,681
Mission and Program Overview

Mission

Horse rescue and rehabilitation. Sustainable food

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUSTAINABLE FOOD TO THE LOCAL COMMUNITY-$3,545
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN BAUERSecretaryPT$0--
JENNY BAUERPresidentPT$0--
JACKIE BALLBoard MemberPT$0--
RACHEL SCHERMERHORNBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Hearts Desire Farm Inc
EIN
86-2229305
Phone
7178035900
Address
2498 DARLINGTON HTS RD, CULLEN, VA 23934

Signing Officer

Name
Jenny Bauer
Title
Principal
Phone
7178035900
Signed
2025-05-15
Discuss with paid preparer
No

Preparer

Firm
Valor Partners LLC
Address
1028 E COLFAX AVE, SOUTH BEND, IN 46617
Preparer
Justine N Webb
Phone
5742411699
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: CHICKEN COOPS Amount: 3545”

Part I, line 16

“Description: INSURANCE Amount: 432”

Part I, line 16

“Description: MEMBERSHIP FEE Amount: 50”

Part I, line 16

“Description: DEPRECIATION (FORM 4562) Amount: 11606”

Part II, line 24

“Description: TRUCK BOY Amount: 15288 EOY Amount: 15288”

Part II, line 24

“Description: PROPERTY IMPROVEMENTS BOY Amount: 51250 EOY Amount: 51250”

Part II, line 24

“Description: EQUIPMENT BOY Amount: 1271 EOY Amount: 1271”

Part II, line 24

“Description: TRACTOR BOY Amount: 2550 EOY Amount: 2550”

Raw XML Appendix141 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNY BAURER
IRS990EZ/BooksInCareOfDetail/PhoneNum07178035900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02498 DARLINGTON HTS RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CULLEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023934
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03106
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07270
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08681
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7452
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073465
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077629
IRS990EZ/GrossReceiptsAmt08681
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073465
IRS990EZ/NetAssetsOrFundBalancesEOYAmt066013
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073465
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077629
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt125
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN BAUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNY BAUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JACKIE BALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RACHEL SCHERMERHORN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt070359
IRS990EZ/OtherAssetsTotalDetail/EOYAmt070359
IRS990EZ/OtherExpensesTotalAmt015633
IRS990EZ/PrimaryExemptPurposeTxt0HORSE RESCUE AND REHABILITATION. SUSTAINABLE FOOD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SUSTAINABLE FOOD TO THE LOCAL COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03545
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016133
IRS990EZ/TotalProgramServiceExpensesAmt03545
IRS990EZ/TotalRevenueAmt08681
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08681
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011428
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066349
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt090582
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt090582
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt011428
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt066349
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04124
IRS990ScheduleA/Total509Grp/TotalAmt090582
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011428
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt066349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04124
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt090582
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: CHICKEN COOPS Amount: 3545
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: INSURANCE Amount: 432
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: MEMBERSHIP FEE Amount: 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: DEPRECIATION (FORM 4562) Amount: 11606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: TRUCK BOY Amount: 15288 EOY Amount: 15288
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: PROPERTY IMPROVEMENTS BOY Amount: 51250 EOY Amount: 51250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: EQUIPMENT BOY Amount: 1271 EOY Amount: 1271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description: TRACTOR BOY Amount: 2550 EOY Amount: 2550
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part II, line 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY BAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL
ReturnHeader/BusinessOfficerGrp/PhoneNum07178035900
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARTS DESIRE FARM INC
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0862229305
ReturnHeader/Filer/PhoneNum07178035900
ReturnHeader/Filer/USAddress/AddressLine1Txt02498 DARLINGTON HTS RD
ReturnHeader/Filer/USAddress/CityNm0CULLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023934
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823433108
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VALOR PARTNERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01028 E COLFAX AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH BEND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046617
ReturnHeader/PreparerPersonGrp/PhoneNum05742411699
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTINE N WEBB
ReturnHeader/ReturnTs02025-05-15T14:44:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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