Nonprofit · EIN 75-2407242
INDEPENDENCE FARM INC 010192
Tax-exempt · CORSICANA, TX 75110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $437,617 | $435,420 | $2,197 | $39,326 | $4,887 | $34,439 |
| December 31, 2024 | 990 | $487,916 | $495,285 | -$7,369 | $45,407 | $10,011 | $35,396 |
| December 31, 2023 | 990 | $423,853 | $502,534 | -$78,681 | $57,420 | $14,655 | $42,765 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $437,617
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $101,382
- Other salaries and wages
- $162,048
- Salaries, compensation and benefits (total)
- $283,825
- Professional fundraising fees
- $0
- Accounting fees
- $8,112
- Occupancy
- $73,371
- Travel
- $4,046
- Depreciation
- $1,666
- Program services (functional)
- $415,136
- Management and general (functional)
- $20,284
Balance sheet and other
- Total assets, start of year
- $45,407
- Total assets, end of year
- $39,326
- Total liabilities, end of year
- $4,887
- Net assets, end of year
- $34,439
- Land, buildings and equipment
- $905
- Net assets without donor restrictions
- $34,439
- Gross receipts
- $437,617
- Employees
- 13
- Year formed
- 1991
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN MILLER | PRESIDENT Officer | 40 | $55,714 |
| VIC MILLER | VP/SEC Officer | 40 | $45,668 |
| LISA CANTON | TREASURER Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN MILLER | PRESIDENT Officer | 40 | $84,968 |
| VIC MILLER | VP/SEC Officer | 40 | $69,898 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN MILLER | PRESIDENT Officer | 40 | $85,598 |
| VIC MILLER | VP/SEC Officer | 40 | $70,528 |
Address and contacts
- Address (IRS master file)
- 2715 LIBERTY DR, CORSICANA, TX 75110-9286
- In care of
- % INDENPENDENCE FARM INC
- Principal officer (990 for 2025)
- SUSAN MILLER
- Signed the 990
- VIC MILLER, VP/SEC
- Phone
- (903) 874-2377
- Return prepared by
- ANDERSON MARX & BOHL PC
Mission
PROVIDE RESIDENTIAL THERAPEUTIC SERVICES FOR EMOTIONALLY DISTURBED CHILDREN UNDER CONTRACTS WITH THE STATE OF TEXAS
Program accomplishments
- PROVIDE RESIDENTIAL THERAPEUTIC SERVICES FOR EMOTIONALLY DISTURBED CHILDRENExpenses $415,136
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2407242
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P70)
- Assets (IRS master file)
- $39,326
- Income (IRS master file)
- $437,617
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $437,617 | $435,420 | $39,326 | IRS |
| 990 | December 2024 | $487,916 | $495,285 | $45,407 | XML |
| 990 | December 2023 | $423,853 | $502,534 | $57,420 | XML |
| 990 | December 2022 | $480,400 | $492,989 | $140,397 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2407242).
Questions about INDEPENDENCE FARM INC 010192
- What is the EIN of INDEPENDENCE FARM INC 010192?
- The employer identification number (EIN) of INDEPENDENCE FARM INC 010192 is 75-2407242.
- Is INDEPENDENCE FARM INC 010192 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to INDEPENDENCE FARM INC 010192 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDEPENDENCE FARM INC 010192 file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDEPENDENCE FARM INC 010192 due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENCE FARM INC 010192 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INDEPENDENCE FARM INC 010192?
- The 990 for the year ended December 31, 2025 names SUSAN MILLER.
- Who are the officers and directors of INDEPENDENCE FARM INC 010192?
- The 990 for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $55,714 (SUSAN MILLER, PRESIDENT).
- How much revenue does INDEPENDENCE FARM INC 010192 have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $437,617, expenses of $435,420 and total assets of $39,326 at year end.
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