2024-09-12T12:07:44-04:00 2023-12-31 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2023-01-01 261388416 PEACEHAVEN FARM INC PEAC 3364499900 1458 NC HWY 61 WHITSETT NC 27377 TIM ELLIOTT TREASURER 3364499900 2024-09-11 true true AARON PATEL CPA P00963410 7044993893 2024-09-11 2023 2024-08-08 14:25:15Z TIM ELLIOTT 1458 NC HWY 61 WHITSETT NC 27377 1854967 false X WWW.PEACEHAVENFARM.ORG X 2007 NC TO PROVIDE PERMANENT HOUSING, PROGRAMS, AND WORK OPPORTUNITIES FOR ADULTS WITH INTELLECTUAL, DEVELOPMENTAL, AND PHYSICAL DISABILITIES. 10 9 24 636 0 1008027 1597733 129588 -15412 87035 119976 40589 1112591 1854945 0 0 535809 702577 0 210216 350729 737971 886538 1440548 226053 414397 5335455 5796826 261390 274329 5074065 5522497 TO PROVIDE PERMANENT HOUSING AND WORK OPPORTUNITIES ON FARM OPERATIONS FOR ADULTS WITH INTELLECTUAL AND PHYSICAL DISABILITIES. false false 784473 129588 THE ORGANIZATION IS DEVELOPING A COMMUNITY TO PROVIDE PERMANENT HOUSING FOR PEOPLE WITH AND WITHOUT DISABILITIES IN A FARM SETTING, INTEGRATED PROGRAMMING OPPORTUNITIES, JOB TRAINING AND SOCIAL ACTIVITIES FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, AND SUSTAINABLE AGRICULTURE PRODUCTION. 636 VOLUNTEERS CONTRIBUTED THEIR SERVICES TO THE ORGANIZATION IN 2023. 784473 true true false false false false false false false true true false false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 14 0 true 24 true false false false false false false false false X 10 9 false false false false false false false true true false false true true true true true true true false false X AMPLIFI LLC 3363903582 111 WEST LEWIS STREET GREENSBORO NC 27406 NEAL SHARPE CSO 40.00 X 88172 0 0 PHELPS SPRINKLE CEO 40.00 X X 76436 0 0 KEARNS DAVIS VICE CHAIR 1.00 X X 0 0 0 TIM ELLIOTT TREASURER 1.00 X X 0 0 0 LINA FLEIHAN BOARD MEMBER 1.00 X 0 0 0 MICHELLE FRAZIER BOARD MEMBER 1.00 X 0 0 0 GREG GOINS BOARD MEMBER 1.00 X 0 0 0 CARL MATTACOLA SECRETARY 1.00 X X 0 0 0 JENNIFER MCCOSLEY CHAIR 1.00 X X 0 0 0 NICK WILSON BOARD MEMBER 1.00 X 0 0 0 ANDY ZIMMERMAN BOARD MEMBER 1.00 X 0 0 0 164608 false false false 2050 1595683 1597733 RESIDENT INCOME - RENT 532000 129588 129588 129588 87057 87057 22 -22 -22 -22 21624 21624 21624 MORTGAGE FORGIVENESS 18750 18750 MISC REVENUE 215 215 18965 1854945 129588 127624 X 164608 107078 26152 31378 454826 295866 72260 86700 23652 12742 7275 3635 59491 32048 18300 9143 1419 15 1404 18710 191 18519 363792 155567 157222 51003 30039 19563 218 10258 87565 51367 24688 11510 9829 2055 7774 25900 20417 3443 2040 64577 32288 32289 59736 15085 40264 4387 REPAIRS AND MAINTENANCE 40814 37143 3509 162 BAD DEBT 27500 27500 DUES AND SUBSCRIPTIONS 8090 3048 5042 1440548 784473 445859 210216 2458708 424184 36378 2196945 92229 64729 -1167 20550 3021366 553212 2465620 2468154 280247 622264 3440 5335455 5796826 34486 61043 225000 206250 1904 7036 261390 274329 X 3618543 3771043 1455522 1751454 5074065 5522497 5335455 5796826 414397 85501 -51466 X X false true X true false X 484745 505989 1762399 1007056 1597733 5357922 484745 505989 1762399 1007056 1597733 5357922 1662173 3695749 2817 19424 87057 109298 63800 76865 80265 106959 18965 346854 5814074 129588 0.63570 0.48740 X PART II, LINE 10 346,854 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 280247 244478 92604 617329 145831 145368 -10952 280247 111167 2350 32314 145831 92354 1550 17263 111167 65272 1554 25528 92354 1.00000 false false 1673482 1673482 1031220 368050 663170 257568 185162 72406 59096 59096 2468154 PAYROLL LIABILITIES 7036 7036 X 1854945 1854945 1854945 1440548 1440548 1440548 SCHEDULE D, PAGE 2, 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 GOAL. 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. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 50L(C)(3) ON ITS EXEMPT FUNCTION INCOME AND IS CLASSIFIED BY THE IRS AS A PUBLICLY SUPPORTED ORGANIZATION. THE ORGANIZATION IS NOT AWARE OF ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATEDINTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2023. PROMOTIONAL ITE 10939 10939 FIBER ARTS 6299 6299 17238 17238 17238 FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING 149,048 54,069 51,003 OTHER PROFESSIONAL FEES 19 1,852 0 CONTRACTED EMPLOYEES 6,500 101,301 0 TOTAL 155,567 157,222 51,003 FORM 990, PAGE 12, 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.