Civic Intelligence

Mustang Farm Foundation

EIN 99-4253835 • 501(c)3 • Plains, KS

Pub. 78 EligibleNTEE B82

Profile

The Mustang Farm Foundation is dedicated to supporting the educational aspirations of graduates of Southwestern Heights High School by operating a sustainable farm. Through the proceeds generated we provide scholarships that empower students to pursue higher education.

20494 Highway 160Plains, KS 67869
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.00x

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

NTEE B82 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.00x

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

NTEE B82 • <$500k nonprofits • Source year 2024

Net Margin

96th percentile

100%

Higher net margin than 96% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

NTEE B82 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$203,097

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$203,097

No earlier filing loaded for comparison.

Revenue

$203,719

No earlier filing loaded for comparison.

Expenses

$622

No earlier filing loaded for comparison.

Net Income

$203,097

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2024: $203,097Liabilities 2024: $0Net Assets 2024: $203,0972024

Highlighted filing

2024

Assets$203,097
Liabilities$0
Net Assets$203,097

Operations Trend

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

$300K$200K$100K$0Revenue 2024: $203,719Expenses 2024: $622Net Income 2024: $203,0972024

Highlighted filing

2024

Revenue$203,719
Expenses$622
Net Income$203,097

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$2.04$0.01$2.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 11, 2025
Return Version
2024v5.0
Gross Receipts
$203,719
Mission and Program Overview

Mission

The Mustang Farm Foundation is dedicated to supporting the educational aspirations of graduates of Southwestern Heights High School by operating a sustainable farm. Through the proceeds generated we provide scholarships that empower students to pursue higher education.

Mustang Farm Foundation operates a farm using donated supplies and field operations from area farmers and businesses Proceeds generated on the farm fund scholarships to graduates of USD 483 to help students pursue higher education to better impact our community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$203,097-
Rtn Earn Endowment Incm Other Fnds-$203,097-
Total Assets$0$203,097▲ $203,097
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$203,097-
Total Net Assets Fund Balance$0$203,097▲ $203,097
Total Liabilities and Net Assets / Fund Balance$0$203,097▲ $203,097
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brett ReissPresident
Brady EakesVice President
Rock Ormiston IiSecretary
Clint ReissTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,100
Program Service Revenue
$177,619
Investment Income
$0
Other Revenue
$0
All Other Contributions
$26,100
Change in Net Assets
$203,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$622--$622
Total Functional Expenses$622$0$0$622
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI Line 2

Directors Clint Reiss and Brett Reiss are siblings

Part VI Line 3

All board members have input on management decisions and provide some

Part VI Line 3

services on the farm They are not compensated for their time.

Part VI Line 11B

Officers were emailed a copy of 990 to review and approve before submitting

Part VI Line 18

All documents available at 20494 Highway 160 Plains, Ks

Part VI Line 19

All docs available at 20494 Highway 160 Plains, Ks

Filing and Contact Details

Filer

Filer Name
Mustang Farm Foundation
EIN
99-4253835
In Care Of
% Brett R Reiss
Phone
6205637212
Address
20494 Highway 160, Plains, KS 67869

Signing Officer

Name
Brett R Reiss
Title
President
Phone
6205637212
Signed
2025-02-11

Organization Details

Principal Officer
Brett R Reiss
Formed
2024
Legal Domicile
Ks
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
15
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