2023-09-05T09:22:55-05:00 2022-12-31 560570567 DMJPS PLLC 703 GREEN VALLEY ROAD SUITE 201 GREENSBORO NC 27408 990 2022-01-01 261388416 PEACEHAVEN FARM INC PEAC 3364499900 1458 NC HWY 61 WHITSETT NC 27377 TIM ELLIOTT TREASURER 3362300071 2023-08-15 1 TIM ELLIOTT 999009999 0 MASON BARRINGER CPA P01790123 3362759886 2023-08-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TIM ELLIOTT 1458 NC HWY 61 WHITSETT NC 27377 1149132 0 X WWW.PEACEHAVENFARM.ORG X 2007 NC TO PROVIDE PERMANENT HOUSING AND WORK OPPORTUNITIES ON FARM OPERATIONS FOR ADULTS WITH INTELLECTUAL AND PHYSICAL DISABILITIES. 8 8 12 239 0 0 1763399 1008027 0 0 2797 -15412 143752 119976 1909948 1112591 0 0 0 0 393395 535809 0 0 131057 233772 350729 627167 886538 1282781 226053 5119509 5335455 260545 261390 4858964 5074065 TO PROVIDE PERMANENT HOUSING AND WORK OPPORTUNITIES ON FARM OPERATIONS FOR ADULTS WITH INTELLECTUAL AND PHYSICAL DISABILITIES. 0 0 585421 THE ORGANIZATION IS ESTABLISHING AN AFFORDABLE HOUSING AND FARM COMMUNITY THAT PROVIDES A PERMANENT HOME FOR ADULTS WITH SPECIAL NEEDS IN A SUPPORTIVE AND FAMILY-LIKE ENVIRONMENT. CURRENTLY, 4 RESIDENTS OCCUPY 1 HOUSE IN THE COMMUNITY. THE RESIDENTS CONTRIBUTE TO TAKING CARE OF THE PROPERTY. THE FARM IS A SUSTAINABLE FARM OF 89 ACRES AND CONNECTS PEOPLE WITH SPECIAL NEEDS TO THEIR COMMUNITY. 239 VOLUNTEERS CONTRIBUTED THEIR SERVICES TO THE ORGANIZATION IN 2022. 585421 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X JULIE ANN COOPER 3364499900 1458 NC HWY 61 WHITSETT NC 27377 TIM ELLIOTT EXECUTIVE COMMITTEE 1.00 X X 0 0 0 JENNIFER MCCOSLEY CHAIR 1.00 X X 0 0 0 NICK WILSON DIRECTOR 1.00 X 0 0 0 BARB STESLOW EXECUTIVE COMMITTEE 1.00 X X 0 0 0 GREG GOINS DIRECTOR 1.00 X 0 0 0 LINA FLEIHAN DIRECTOR 1.00 X 0 0 0 KEARNS DAVIS DIRECTOR 1.00 X 0 0 0 CARL MATTACOLA EXECUTIVE COMMITTEE 1.00 X X 0 0 0 PHELPS SPRINKLE CHIEF EXECUTIVE OFFICER 40.00 X 57126 0 5085 57126 0 5085 0 0 0 0 0 1008027 276599 1008027 19424 19424 106959 0 106959 106959 106959 1705 15541 21000 -15541 -19295 -34836 -34836 13017 0 13017 13017 1112591 -34836 0 139400 62211 12442 49769 424241 361885 3330 59026 49357 42536 6821 22909 22909 21192 9946 9946 1300 13352 10055 1099 2198 57326 28663 28663 24084 24084 CONSULTING SERVICES 85383 23115 3892 58376 REPAIRS AND MAINTENANCE 30941 30941 SUPPLIES 30843 30843 TELEPHONE AND COMMUNICA 21396 13517 1409 6470 43303 21478 18138 3687 886538 585421 170060 131057 2099384 2458708 53822 36378 225927 92229 49261 -1167 2955533 489913 2522946 2465620 145831 280247 22338 3440 5119509 5335455 13116 34486 243750 225000 3679 1904 260545 261390 X 3616994 3618543 1241970 1455522 4858964 5074065 5119509 5335455 226053 -10952 0 X X 0 1 X 1 0 X 1398748 484745 505989 1762399 1007056 5158937 1398748 484745 505989 1762399 1007056 5158937 2355236 2803701 2817 19424 22241 80265 106959 187224 55700 63800 76865 80265 106959 383589 5751991 0.48740 0.57810 X SCHEDULE A, PART II, SECTION B, LINE 10E THE ORGANIZATION RECEIVED RENTAL INCOME OF $106,959 FOR TAX YEAR 2022. RENTAL INCOME IS A PART OF THEIR MAIN PROGRAM, TO PROVIDE PERMANENT HOUSING AND WORK OPPORTUNITIES ON FARM OPERATIONS FOR ADULTS WITH INTELLECTUAL AND PHYSICAL DISABILITIES, AND IS THEREFORE NOT CONSIDERED UNRELATED BUSINESS INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145831 145368 -10952 280247 111167 2350 32314 145831 92354 1550 17263 111167 65272 1554 25528 92354 69153 4600 -8481 65272 0 0 1738208 1738208 964957 324542 640415 252368 165371 86997 2465620 NON-CURRENT ASSETS INVESTMENTS MUTUAL FUNDS 280247 F 280247 PAYROLL LIABILITIES 1904 1904 X 1104687 -10952 3048 -7904 1112591 0 1112591 889586 3048 3048 886538 0 886538 PART V, LINE 4: THE INTENT OF THE ENDOWMENT IS TO PROVIDE CONSISTENT RELIABLE INCOME TO PEACEHAVEN WHILE ALLOWING FUND GROWTH. INCOME SHOULD ALLOW PEACEHAVEN TO ACHIEVE LONG-TERM GOALS.FUNDS WOULD BE INVESTED IN ONE OR MORE LOW-COST INDEX FUNDS. DISTRIBUTIONS WOULD BE MADE BASED ON PRIOR YEAR'S BALANCE. THE BOARD OF DIRECTORS COULD SPEND ENDOWMENT PRINCIPAL WITH UNANIMOUS VOTE. PART X, LINE 2: THE FARM QUALIFIES AS A TAX-EXEMPT FARM UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. AS OF DECEMBER 31, 2022, MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND HAS INCURRED NO INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX LIABILITIES. WITH FEW EXCEPTIONS, THE FARM IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2020. FIBER ARTS 6732 6732 1 6285 6285 13017 13017 13017 X 4 276599 SELLING PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S BOARD EMPOWERED THE TREASURER TO REVIEW AND SIGN THE 990 TAX RETURN. COPIES OF THE 990 TAX RETURN ARE PROVIDED TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY CONFLICTS OF INTEREST, AND TO SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY WAS ESTABLISHED BY THE ORIGINAL BOARD IN 2008 AND IT IS PERIODICALLY REVIEWED BY THE CURRENT BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 990 PART XII, LINE 2C THE ORGANIZATION'S PROCESS OF SELECTION OF AN INDEPENDENT AUDITOR AND OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.