Carnation Farms EIN 81-3414267

Carnation Farms

EIN  81-3414267 Public charity (501(c)(3)) Carnation, WA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/23/26 · see original filing: IRS
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Size
$1–10M
What they do
Inspiring people to eat better and cultivating future food leaders.
Leadership
Evangemine Liwag · Fin. Controller · $134K
Money in and out
$5.2M revenue, $4.3M expenses
Bottom line
69% program efficiency

Inspiring people to eat better and cultivating future food leaders. For fiscal year 2024 it reported $5.2M in revenue, $4.3M in expenses, and $2.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$5.2M
Pt VIII · Ln 12
Total expenses
$4.3M
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $906K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.28 Fundraising $0.03
Program efficiency
69%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▼ -75% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▲ +264% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$5.2M
FY2024▲ +58%
Expenses
$4.3M
FY2024▲ +18%
Total assets
$3.2M
FY2024▲ +20%
Total liabilities
$657K
FY2024▼ -36%
Total revenue
$5.2M
Pt VIII · Ln 12
Total expenses
$4.3M
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$906K
Total assetsPt X · Ln 16$3.2M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $2.9M of program spending, described in the organization's own filed words · FY2024.
01

Agriculture- Carnation Farms regenerative and sustainable agriculture activities include 400 acres of certified organic vegetable, fruit, hay, and livestock production for sale and use in educational programs.

$2.2Mprogram expense
02

Culinary

The culinary program showcases the connection between regenerative agriculture and wholesome, seasonal food through farm-to-table cooking and education. Using ingredients from our certified organic farm, the culinary team prepares meals for retreats, weddings, and community events, and creates value-added products for the Farmstand.

$498Kprogram expense
03

Retreats & Weddings-Carnation Farms hosts retreats and weddings that connect people to the land through experiences rooted in sustainability and community. Guests enjoy the farms natural beauty, locally sourced cuisine, and regenerative farming environment.

$235Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCarnation Farms
EINHdr · item D81-3414267
Principal addressHdr · item CCarnation, WA
WebsiteHdr · item Jwww.carnationfarms.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N20)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Fin. Controller
$133,852Pt VII · Sec A
Executive Dir.
$110,220Pt VII · Sec A
Culinary Director
$99,150Pt VII · Sec A
Ag Director
$90,190Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Evangemine Liwag’s $134K as Fin. Controller is at the 56th percentile of top reported officer pay among 1841 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Paul Shoemaker$103,505$265,475
Evangemine Liwag$133,852
Robert Finn$115,816$78,077
Evangemine Liwag$110,892$62,659
Paul Shoemaker$110,220
Kristen Schumacker$99,150
Kimberly Atkinson$50,700$92,120
Eric Popp$90,190

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$4.0M · 77%
Other revenue$695K · 13%
Program service revenue$471K · 9%
Contributions & grants77%$4.0M
Other revenue13%$695K
Program service revenue9%$471K
Investment income$3K
Total revenueLn 12$5.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.28 Fundraising $0.03
Program services69%$2.9M
Management & general28%$1.2M
Fundraising3%$128K
Total functional expensesLn 25$4.3M

Balance Sheet

Part X · end of year
CashLn 1$196K
Total assetsLn 16$3.2M
Total liabilitiesLn 26$657K
Total net assetsLn 32$2.5M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $196K · Operating expenses/yr $4.3M
0.6 months
Where the money goes
Program services
Program services $2.9M · Total expenses $4.3M
69%
Management & General
Management & general $1.2M · Total expenses $4.3M
28%
Fundraising
Fundraising $128K · Total expenses $4.3M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $162K · Solicited contributions (3-yr avg) $3.0M
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.0M · Total revenue $5.2M
77%
Government reliance
Government grants — · Total revenue $5.2M
Earned-income share
Program service revenue $471K · Total revenue $5.2M
9%
Investment reliance
Investment income $3K · Total revenue $5.2M
0%
Program self-sufficiency
Program service revenue $471K · Total expenses $4.3M
11%
Growth & trend
Revenue growth (YoY)
This year $5.2M · Prior year $3.3M
+58%
Revenue CAGR
FY2020 $3.7M · FY2024 $5.2M
+9%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5.2M · Expenses $4.3M
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $3.2M
Net-asset ratio
Net assets $2.5M · Total assets $3.2M
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.2M
0%
People & payroll
Highest Reported Total Compensation
Individual Evangemine Liwag · Reported title Fin. Controller · Highest reported compensation $134K · Total expenses $4.3M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.2M · Total expenses $4.3M
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 28%
Fundraising cost ratio 3%
Revenue growth 58%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$3.3M

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$5.2M revenue · viewing · ⤓ 990 PDF
FY2023$3.3M revenue · ⤓ 990 PDF
FY2022$3.2M revenue · ⤓ 990 PDF
FY2021$3.6M revenue · ⤓ 990 PDF
FY2020$3.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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