Timberview Farmstead INC FY2023 filing

Tax-deductible

Fort Worth, TX501(c)(3)Since 2021EnvironmentEIN 86-2067371Revenue $9.5M in FY2023

On file with the IRStimberviewfarmstead.com4274 Timberview Dr, 76140-4222 · Fort Worth, TXTax-exempt since Apr 2023Publicly supported charity — 170(b)(1)(A)(vi)

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Timberview Farmstead exists to educate and empower young people in tarrant county and beyond toward a more deeply rooted life through farm-based learning and the embrace of unreasonable hospitality.

501(c)(3) charity; gifts are tax-deductible.
47¢ of each $1 spent went to programs.
$169K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $6.1M a year · 76% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
47%
of spending
Concern: 47% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$169K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $608K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.5M
Spent
$811K
To programs
47%
Net assets
$8.7M
By yearFY2023–FY2024
Revenue
$9.5M
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$9.5M
FY2024$6.5M
Expenses
$811K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$811K
FY2024$3.0M
Net assets
$8.7M
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$8.7M
FY2024$12.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

47 cents of each dollar spent went to programs.

Program services 47% · $381K Management & general 37% · $298K Fundraising 16% · $132K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $169K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$150,000Pt VII · Sec A
$18,750Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

John Siburt’s $153K as President is at the 65th percentile of top reported officer pay among 1851 $1–10M environment 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 · 2 named individuals · Part VII

NameFY2024FY2023
John Siburt$153,000$150,000
Neil Fisher$18,931$18,750

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.

See Timberview Farmstead INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates and empowers youth through farm-based learning and hospitality.

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Provided by the organization

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1 program · $381K · in their own filed words · FY2023
01

Timberview farmstead believes every child needs good soil to grow. Yet so many young people in tarrant county and surrounding areas struggle to thrive. Socially, economically, physically, spiritually, mentally, and educationally, our kids are navigating a complex and difficult world.

$381Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$9.5M
Ln 12
Gifts and grantsLn 1h$9.5M
Other incomeLn 4–11$14K
Investment incomeLn 3$5K
Money outPt IX
$811K
Ln 25
Programscol B$381K
Managementcol C$298K
Fundraisingcol D$132K
Owns and owesPt X
$8.7M
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$8.7M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.5M
Noncash giftsLn 1g$3.8M
Fundraising eventsLn 1c$200K
Investment incomeLn 3$5K
Other incomeLn 4–11$14K
Gains on assetsLn 7$5K
Total revenueLn 12$9.5M
Assets in detailPt X, end of year
CashLn 1$46K
Cash and savings togetherLn 1–2$46K
Land, buildings, equipmentLn 10c$8.5M
Other assetsLn 15$25K
Total assetsLn 16$8.7M
LiabilitiesLn 26$0
Net assetsLn 32$8.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$0$46K
Land, buildings, equipmentLn 10c$0$8.5M
Total assetsLn 16$0$8.7M
LiabilitiesLn 26$0$0
Net assetsLn 32$0$8.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$184K$105K$49K$29K
Other salaries and wagesLn 7$144K$39K$57K$48K
Other employee benefitsLn 9$3K$1K$1K
Payroll taxesLn 10$23K$11K$7K$5K
Accounting feesLn 11c$40K$40K
Advertising and promotionLn 12$59K$19K$2K$39K
Office expensesLn 13$3K$3K
Information technologyLn 14$20K$1K$19K
TravelLn 17$20K$15K$5K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$298K$206K$88K$4K
All other expensesLn 24e$6K$390$6K
Total functional expensesLn 25$811K$381K$298K$132K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.5M$3.0M$3.5M$12.2M 990 PDF
FY2023 Viewing $9.5M$811K$8.7M$8.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $9,490,667 revenue, 12 lines filed
I-8 Contributions and grants$9,471,946
I-9 Program service revenue$0
I-10 Investment income$5,000
I-11 Other revenue$13,721
I-12 Total revenue$9,490,667
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$353,963
I-16a Professional fundraising fees$0
I-17 Other expenses$456,820
I-18 Total expenses$810,783
I-19 Revenue less expenses$8,679,884
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,490,667 across 7 lines filed
Lines not itemized here account for $63,721 of total revenue; see the IRS return.
VIII-1c Fundraising events$200,000
VIII-1f All other contributions, gifts and grants$9,271,946
VIII-1g Noncash contributions (included above)$3,821,432
VIII-1h Total contributions, gifts and grants$9,471,946
VIII-7 Net gain or loss on sales of assetsExcluded from tax $5,000$5,000
VIII-8 Net income from fundraising eventsExcluded from tax −$50,000−$50,000
VIII-12 Total revenueRelated to mission $63,721 · Unrelated business $0 · Excluded from tax −$45,000$9,490,667
Part IX · Statement of functional expenses $810,783 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $105,000 · Management $49,299 · Fundraising $29,307$183,606
IX-7 Other salaries and wagesPrograms $38,615 · Management $57,469 · Fundraising $48,215$144,299
IX-9 Other employee benefitsManagement $1,486 · Fundraising $1,257$2,743
IX-10 Payroll taxesPrograms $10,697 · Management $7,351 · Fundraising $5,267$23,315
IX-11c Accounting feesManagement $40,000$40,000
IX-12 Advertising and promotionPrograms $19,339 · Management $1,500 · Fundraising $38,533$59,372
IX-13 Office expensesManagement $2,878$2,878
IX-14 Information technologyPrograms $1,370 · Management $18,666$20,036
IX-17 TravelManagement $15,394 · Fundraising $4,776$20,170
IX-23 InsuranceManagement $9,685$9,685
IX-24 Other expenses (24a–d)Programs $205,598 · Management $88,269 · Fundraising $4,429$298,296
IX-24e All other expensesPrograms $390 · Management $5,993$6,383
IX-25 Total functional expensesPrograms $381,009 · Management $297,990 · Fundraising $131,784$810,783
Part X · Balance sheet $8,679,884 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $0$46,149
X-4 Accounts receivable$23,284
X-8 Inventories for sale or use$15,260
X-9 Prepaid expenses and deferred charges$48,427
X-10c Land, buildings and equipment, netStart of year $0$8,522,047
X-15 Other assetsStart of year $0$24,717
X-16 Total assetsStart of year $0$8,679,884
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$8,679,884
X-33 Total liabilities and net assetsStart of year $0$8,679,884
Part XI · Reconciliation of net assets $8,679,884 net assets at year end
XI-1 Total revenue$9,490,667
XI-2 Total expenses$810,783
XI-3 Revenue less expenses$8,679,884
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,679,884

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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