Nonprofit · EIN 56-2201244
SAVING GRACE FARM INC
Also known as LIFE HORSE
Tax-exempt · SALISBURY, NC 28146
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $269,887 | $172,353 | $97,534 | $165,575 | $3,416 | $162,159 |
| June 30, 2024 | 990-EZ | $182,766 | $164,166 | $18,600 | $65,679 | $1,056 | $64,623 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $167,469
- of which government grants
- $100,000
- Program service revenue
- $73,690
- Investment income
- -$267
- Net gain from sales of assets
- -$267
- Net income from fundraising events
- $28,995
- Other revenue
- $28,995
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $29,533
- Other salaries and wages
- $14,552
- Salaries, compensation and benefits (total)
- $48,062
- Professional fundraising fees
- $0
- Accounting fees
- $2,600
- Occupancy
- $21,504
- Travel
- $868
- Depreciation
- $6,865
- Program services (functional)
- $158,964
- Management and general (functional)
- $13,389
Balance sheet and other
- Total assets, start of year
- $65,681
- Total assets, end of year
- $165,575
- Total liabilities, end of year
- $3,416
- Net assets, end of year
- $162,159
- Land, buildings and equipment
- $106,780
- Net assets without donor restrictions
- $162,159
- Gross receipts
- $288,529
- Employees
- 2
- Volunteers
- 52
- Year formed
- 2000
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANNA GRIGGS | EXECUTIVE DI Trustee or director, Officer | 40 | $29,533 |
| PENNY BARGER | MEMBER Trustee or director | 0 | $0 |
| BRYSON BOYD | MEMBER Trustee or director | 0 | $0 |
| BETH DIXON | MEMBER Trustee or director | 0 | $0 |
| ELIZABETH GEROMETTA | TREASURER Trustee or director, Officer | 0 | $0 |
| JUSTAN MOUNTS | MEMBER Trustee or director | 0 | $0 |
| LESA PRINCE | PRESIDENT Trustee or director, Officer | 0 | $0 |
990-EZ for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANNA GRIGGS | EXECUTIVE DI | 40 | $27,550 |
| KAREN BARBEE-ZIEGLER | PRESIDENT | 1 | $0 |
| RANDY ELIUM | VICE PRESIDE | 1 | $0 |
| ELIZABETH GEROMETTA | TREASURER | 1 | $0 |
| LESA PRINCE | SECRETARY | 0.5 | $0 |
| BRYSON BOYD | MEMBER | 0.5 | $0 |
| BETH DIXON | MEMBER | 0.5 | $0 |
| PENNY BARGER | MEMBER | 0.5 | $0 |
| JUSTAN MOUNTS | MEMBER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 725 JACKSON RD, SALISBURY, NC 28146-0332
- In care of
- % JANNA GRIGGS
- Principal officer (990 for 2024)
- ELIZABETH GEROMETTA, 725 JACKSON RD, SALISBURY, NC 28146
- Signed the 990
- ELIZABETH GEROMETTA, TREASURER
- Phone
- (704) 209-6577
- Return prepared by
- BRENT H PARKS CPA PA
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.
Program accomplishments
- PROVIDED THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES.Expenses $158,964 · revenue $73,690
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-2201244
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80)
- Assets (IRS master file)
- $165,575
- Income (IRS master file)
- $288,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $269,887 | $172,353 | $165,575 | XML |
| 990-EZ | June 2024 | $182,766 | $164,166 | $65,679 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2201244).
Questions about SAVING GRACE FARM INC
- What is the EIN of SAVING GRACE FARM INC?
- The employer identification number (EIN) of SAVING GRACE FARM INC is 56-2201244.
- Is SAVING GRACE FARM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SAVING GRACE FARM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAVING GRACE FARM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SAVING GRACE FARM INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAVING GRACE FARM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SAVING GRACE FARM INC?
- The 990 for the year ended June 30, 2025 names ELIZABETH GEROMETTA.
- Who are the officers and directors of SAVING GRACE FARM INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $29,533 (JANNA GRIGGS, EXECUTIVE DI).
- How much revenue does SAVING GRACE FARM INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $269,887, expenses of $172,353 and total assets of $165,575 at year end.
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All nonprofits in SALISBURY · North Carolina · Human services