ELK HILL FARM INC Charity Report

Public IRS 990 nonprofit record

ELK HILL FARM INC

EIN 23-7071154 · Residential Care & Adult Day Programs (P70)

What they do

ELK HILL FARM, INC. ENABLES CHILDREN and FAMILIES to TRANSFORM OVERWHELMING CHALLENGES INTO SUCCESSFUL FUTURES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.56%of revenue went to mission work86.9% of expenses · Program services

2.84%of revenue went to fundraising3.0% of expenses

$93.88spent for every $100 of revenueRevenue covered expenses this year.

9.49%of revenue went to management and office costs10.1% of expenses

$0.71in assets for every $1 spent this yearSome assets cannot be spent right away.

12.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $222,819 for RONALD K SPEARS (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,888,861

Mission workProgram services$12,958,44181.56% of revenue86.9% of expenses

ManagementOffice and general costs$1,507,4429.49% of revenue10.1% of expenses

FundraisingAsking for donations$450,7662.84% of revenue3.0% of expenses

Revenue left after expensesReported annual surplus$972,2126.12% of revenueShown in gray on the chart

Total expenses$14,916,64993.88% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.9% mission · 10.1% management · 3.0% fundraisingTotal expenses: 93.88% of revenue

2023Expense mix: 86.3% mission · 10.2% management · 3.5% fundraisingTotal expenses: 98.90% of revenue

2022Expense mix: 86.4% mission · 9.9% management · 3.7% fundraisingTotal expenses: 108.32% of revenue

2021Expense mix: 88.2% mission · 8.5% management · 3.2% fundraisingTotal expenses: 103.34% of revenue

2020Expense mix: 88.3% mission · 8.5% management · 3.2% fundraisingTotal expenses: 81.53% of revenue

2019Expense mix: 89.0% mission · 7.4% management · 3.6% fundraisingTotal expenses: 109.94% of revenue

2018Expense mix: 90.1% mission · 6.8% management · 3.1% fundraisingTotal expenses: 100.45% of revenue

2017Expense mix: 89.9% mission · 6.8% management · 3.3% fundraisingTotal expenses: 97.12% of revenue

Money in and money out

Revenue$15,888,861

Expenses$14,916,649

Annual surplus $972,212 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,958,441 · 86.9% of expenses

Management and office costs$1,507,442 · 10.1% of expenses

Fundraising$450,766 · 3.0% of expenses

See all reported dollar amounts

Revenue$15,888,861

Expenses$14,916,649

Assets$10,534,058

Income$15,904,598

Contributions$1,933,228

Mission work (program services)$12,958,441

Fundraising$450,766

Management and general$1,507,442

Executive compensation (total)$454,733

Stocks and bonds$422,387

Accounting fees$24,800

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RONALD K SPEARSCHIEF EXECUTIVE OFFICER · 40 hrs/week $222,819Base $179,664 · Other $43,155

LAURA EASTERCHIEF OPERATING OFFICER · 40 hrs/week $165,842Base $136,088 · Other $29,754

DIANA HUDGINSCHRO · 40 hrs/week $124,443Base $118,574 · Other $5,869

DOUGLAS HARVEYCFO · 40 hrs/week $123,748Base $122,091 · Other $1,657

KATHLEEN LEFCOURTCPO · 40 hrs/week $117,133Base $110,745 · Other $6,388

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

RONALD K SPEARSCHIEF EXECUTIVE OFFICER

LAURA EASTERCHIEF OPERATING OFFICER

DIANA HUDGINSCHRO

DOUGLAS HARVEYCFO

KATHLEEN LEFCOURTCPO

RL TERRELL WILLIAMSB&A CHAIR

MAXINE JONESP&P CHAIR

MELISSA YORKDIRECTOR

MICHAEL E KLEINDIRECTOR

NELSON S TEAGUE JRBOARD CHAIR

PAMELA G HARRISDIRECTOR

PHILIP SAULDIRECTOR

REUBEN ESSANDOHDIRECTOR

REV DR JOHN E MILLERDIRECTOR

WILLIAM T CLARKEDIRECTOR

ROBERT PARKERDIRECTOR

STEPHANIE T JEFFERSONSECRETARY

W CHARLES WADDELL IIIDIRECTOR

WILLIAM H HARRIS IIIDIRECTOR

WILLIAM J G BARNESIMMED BOARD PAST CHAIR

ALEXANDRA DAHLGRENDIRECTOR

M BAGLEY REIDFOUNDATION CHAIR

JOSEPH CHAMBERSDIRECTOR

JOHN G JORDAN IIIDIRECTOR

JEFFREY L WILTDEV CO-CHAIR

JEAN REYNOLDSDIRECTOR

GERALD L HAGEN JRTREASURER

ELIZABETH S CECHDIRECTOR

ELISHA CONTER WILKINSDIRECTOR

E TELLER STALFORTDIRECTOR

DR JOSEPH A JAMESDIRECTOR

DAVID P CORRIGANGOVERNANCE CHAIR

CHARLES E BRADSHAW IIIDIRECTOR

CHARLES DECKERDIRECTOR

CASEY CUBINDIRECTOR

CARL WOODSONDIRECTOR

C HUNTER STOKESDIRECTOR

About this charity

Recognized since: January 1970
Location: P O BOX 99, GOOCHLAND, VA 23063
County: Goochland
In care of: RON SPEARS
Primary officer: RON SPEARS, CHIEF EXECUTIVE OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(804) 457-4866

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: YOUNT HYDE & BARBOUR PC
NTEE classification: Residential Care & Adult Day Programs (P70)
IRS tax category: Residential Care & Adult Day Programs