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The Spikenard Farm Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205539746 ✦ Floyd, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Spikenard Farm Inc?

The Spikenard Farm Inc, situated in Floyd, Virginia, is a non-profit organization dedicated to the research and education of sustainable and biodynamic beekeeping. With a staff of seven individuals, they strive to promote this practice for the well-being of the bee population. Their mission encompasses the continuous pursuit of knowledge and the sharing of this knowledge to foster a healthier and more harmonious environment for bees.


Official website here: www.spikenardfarm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Stars

The Spikenard Farm Inc has received an 84% rating from Charity Navigator, which reflects a strong focus on Accountability and Finance. The organization demonstrates a solid commitment to financial health, with a notable low liabilities-to-assets ratio of 0.09% and a program expense ratio of 77.42%. However, there are some concerns regarding missing policies, such as their conflict of interest, whistleblower, and document retention policies, which negatively impact their overall accountability score.

User feedback and reviews highlight the exceptional educational experiences provided by Spikenard Farm, especially their courses centered around biodynamic beekeeping. Many participants express gratitude for the knowledgeable instructors and the supportive environment that fosters a deep connection with nature and the bees. The sanctuary is seen as a transformative space, offering not just practical skills but also a renewed sense of purpose and connection to the environmental challenges facing honeybees today.

While the organization excels in educational outreach and community engagement, the limitations in its policy framework regarding accountability suggest that there is room for improvement in governance practices. Overall, Spikenard Farm is well-regarded for its mission and the quality of its programs, making it a valuable resource for anyone interested in sustainable beekeeping and environmental stewardship.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Spikenard Farm Inc legitimate?

The Spikenard Farm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Spikenard Farm Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $55,584
Professional Fundraising Fees: $7,823
Other Salaries and Wages: $125,954

For more financial information, click here


Official website here: www.spikenardfarm.org

What is the mission statement of The Spikenard Farm Inc?

The Spikenard Farm Inc is dedicated to research and education, focusing on sustainable and biodynamic beekeeping. Their mission is to promote and advance this field, aiming to ensure the long-term health and growth of bee populations in a responsible and environmentally friendly manner. Through their efforts, they strive to provide valuable knowledge and strategies for beekeepers, contributing to the overall well-being of bees and the ecosystems they support.


Official website here: www.spikenardfarm.org

Who is the CEO of The Spikenard Farm Inc?

Kenneth Levy is the President of The Spikenard Farm Inc.


Official website here: www.spikenardfarm.org

What is the revenue of The Spikenard Farm Inc?

The Spikenard Farm Inc's revenue in 2022 was $399,532.


Official website here: www.spikenardfarm.org

Who are the executives of The Spikenard Farm Inc and what are their salaries?

The average compensation at The Spikenard Farm Inc during 2022 was $25,934. There are 7 employees and 15 volunteers at The Spikenard Farm Inc.


Here are 9 key members and their salaries:


Alex Tuchman (Trusteedirector)
  • Compensation: $49,583
  • Related: $0
  • Other: $0
Gunther Hauk (Trusteeexecutive Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Bonnie Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gigi Davidson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Burgoon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Burgoon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Levy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Wall (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Arenas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spikenardfarm.org

Where can I find the form 990 for The Spikenard Farm Inc?

The Spikenard Farm Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spikenardfarm.org

Learn more at the official website: www.spikenardfarm.org

Mission Statement of The Spikenard Farm Inc

The Spikenard Farm Inc, a research and education organization, is dedicated to promoting sustainable and biodynamic beekeeping practices. This nonprofit's mission is centered around the advancement of beekeeping methods that prioritize the health of bee colonies and the environment. By focusing on research and education, The Spikenard Farm Inc aims to contribute to the long-term survival of honeybees and the production of high-quality honey. Through its efforts, the organization seeks to foster a more sustainable and eco-friendly approach to beekeeping that can be adopted by beekeepers worldwide.

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Impact




June, 2024

The Spikenard Farm Inc's impact lies in its dedication to research and education for sustainable and biodynamic beekeeping. This organization based in FLOYD, VA, is committed to preserving bee populations and promoting environmentally-friendly practices in beekeeping. By focusing on sustainable methods, The Spikenard Farm Inc contributes to the protection of ecosystems and biodiversity, making a positive impact on the environment.




This information is meant to be a general summary of The Spikenard Farm Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$399,532 (2022)
Expenses
$351,510 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,888
  • Program Service Revenue: $35,042
  • Gross Receipts: $416,104

Assets and Liabilities:

  • Total Assets: $1,546,272
  • Total Liabilities: $1,923
  • Net Assets: $1,544,349

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Bee Education

Revenue

$35,042

Organization Details

Founding Year

2006

Principal Officer

Kenneth Levy

Main Address

401 Hideaway Lane, Floyd, VA, 24091

NTEE Category

Code: C40 - Environment

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