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Filing year 2024

INDEPENDENCE FARM INC

Corsicana, Texas·EIN 75-2407242·NTEE P70 · Human Services·3
Total revenue
$488k
Total assets
$45k
Total expenses
$495k
Reported officers
2
Mission

PROVIDE RESIDENTIAL THERAPEUTIC SERVICES FOR EMOTIONALLY DISTURBED CHILDREN UNDER CONTRACTS WITH THE STATE OF TEXAS

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in Texas.

President
Median to 75th percentile
$85k
$90k
Vp/sec
Officer (Unspecified)
$70k
$74k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INDEPENDENCE FARM INC equaled 17% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
17%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,123 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $86k in 2023 to $85k in 2024.

$86k
2023
$85k
2024
In today's dollarsEst.
Down 4% in real terms$93k to $90k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue rose 15%.

$86k in 2023 to $85k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INDEPENDENCE FARM INC

What does the Chief Executive Officer of INDEPENDENCE FARM INC earn?

In 2024, the Chief Executive Officer of INDEPENDENCE FARM INC received $84,968 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Texas, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDEPENDENCE FARM INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in Texas, the 2024 pay of the Chief Executive Officer at INDEPENDENCE FARM INC falls between the median and the 75th percentile. In 2024, the highest total compensation at INDEPENDENCE FARM INC equaled 17% of the organization's total expenses. The median for human services organizations is 8%.

What are INDEPENDENCE FARM INC's revenue and expenses?

In 2024, INDEPENDENCE FARM INC reported $488k in total revenue and $495k in total expenses on its IRS Form 990.

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