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Lantern Lane 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: 263764801 ✦ Gladeville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Lantern Lane Farm Inc?

Lantern Lane Farm Inc is a nonprofit organization based in Gladeville, Tennessee. Their mission is to offer rest and restoration for individuals seeking spiritual, emotional, and physical healing. They achieve this through traditional and equine-assisted counseling services, providing a peaceful, countryside setting that fosters a compassionate and non-judgmental atmosphere. With a dedicated team of five employees, Lantern Lane Farm Inc aims to cater to all those in need, offering a sanctuary for healing and rejuvenation.


Official website here: www.lanternlanefarm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

Lantern Lane Farm Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived entirely from accountability and finance metrics, where the organization scored 77%. This score reflects a commitment to maintaining a majority independent board and a strong financial oversight structure.

The nonprofit demonstrates a commendable program expense ratio of 84.90%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization has shown no material diversion of assets, which is a positive sign for its financial integrity. However, the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about governance practices.

While Lantern Lane Farm Inc shows strengths in certain areas, the missing policies indicate potential gaps in operational transparency and risk management. Overall, the organization demonstrates a solid foundation, but addressing these limitations could enhance its credibility and effectiveness in serving its mission.


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

Is Lantern Lane Farm Inc legitimate?

Lantern Lane Farm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lantern Lane 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: $248,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,648

For more financial information, click here


Official website here: www.lanternlanefarm.org

What is the mission statement of Lantern Lane Farm Inc?

The mission of Lantern Lane Farm Inc is focused on offering rest and restoration to individuals seeking spiritual, emotional, and physical healing. This is achieved through traditional and equine-assisted counseling services in a tranquil countryside setting. The organization strives to create a compassionate and non-judgmental atmosphere, welcoming all in need to find healing in a peaceful environment. Its purpose is to provide a sanctuary for healing, providing the necessary support and care for individuals seeking solace and recovery.


Official website here: www.lanternlanefarm.org

Who is the CEO of Lantern Lane Farm Inc?

Ralph Cook is the Founder/Ceo of Lantern Lane Farm Inc. The CEO's salary of Lantern Lane Farm Inc is $146,123 and their total compensation is $146,123.


Official website here: www.lanternlanefarm.org

What is the revenue of Lantern Lane Farm Inc?

Lantern Lane Farm Inc's revenue in 2022 was $2,003,740.


Official website here: www.lanternlanefarm.org

Who are the executives of Lantern Lane Farm Inc and what are their salaries?

The average compensation at Lantern Lane Farm Inc during 2022 was $60,577. There are 5 employees and 100 volunteers at Lantern Lane Farm Inc.


Here are 10 key members and their salaries (Lantern Lane Farm Inc's CEO's salary is $146,123 and their total compensation is $146,123):


Ralph Cook (Founder/Ceo)
  • Compensation: $146,123
  • Related: $0
  • Other: $0
Joni Cook (Co-Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Hazelet (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Manley (Hon. Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Durnberger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Griffith (Dir Of Engag)
  • Compensation: $9,261
  • Related: $0
  • Other: $0
Gina Paoili (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Gregg (Executive Di)
  • Compensation: $92,854
  • Related: $0
  • Other: $0
Allison Vines (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lanternlanefarm.org

Where can I find the form 990 for Lantern Lane Farm Inc?

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


Official website here: www.lanternlanefarm.org

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

Mission Statement of Lantern Lane Farm Inc

Lantern Lane Farm Inc is a non-profit organization dedicated to providing rest and restoration to individuals seeking spiritual, emotional, and physical healing. Located in a peaceful countryside setting, the farm offers traditional and equine-assisted counseling services as a means of providing a compassionate, non-judgmental atmosphere for healing.

The mission of Lantern Lane Farm Inc is multifaceted, aiming to offer rest while providing a supportive environment for individuals in need of healing. The organization's purpose is to offer a sanctuary where individuals can find respite, away from the stresses of everyday life, and focus on their healing journey. With a focus on compassion and non-judgment, Lantern Lane Farm Inc strives to cater to all individuals in need, regardless of their background or circumstances.

In addition to offering a peaceful environment, Lantern Lane Farm Inc also provides counseling services. These services, both traditional and equine-assisted, are designed to help individuals address and overcome the challenges they face, promoting healing on multiple levels. The farm's unique approach, combining counseling with the calming presence of horses, has proven to be an effective method for many individuals seeking healing. By providing a supportive environment, compassionate care, and counseling services, Lantern Lane Farm Inc is making a meaningful impact in the lives of those who seek its services.

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Impact




June, 2024

Lantern Lane Farm Inc provides rest and restoration to individuals in need of spiritual, emotional, and physical healing through traditional and equine-assisted counseling services in a peaceful countryside setting. This organization offers a compassionate and non-judgmental atmosphere for individuals seeking healing in various aspects of their lives. By focusing on mental health and holistic well-being, Lantern Lane Farm Inc has a direct impact on improving the lives of those in need of support and guidance.




This information is meant to be a general summary of Lantern Lane 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
$2,003,740 (2022)
Expenses
$1,943,803 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,722,091
  • Gross Receipts: $2,003,740

Assets and Liabilities:

  • Total Assets: $1,291,309
  • Total Liabilities: $770,594
  • Net Assets: $520,715

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Programs

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

COUNSELING

Revenue

$1,722,091

Organization Details

Founding Year

2009

Principal Officer

Ralph Cook

Main Address

PO BOX 379, GLADEVILLE, TN, 37071

NTEE Category

Code: F60 - Mental health

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