Touchstone Farm Inc
- Assets
- $1.7m
- Revenue
- $603.5k
- Investments
- $24.9k
- Employees
- 42
- Location
- Lyndeborough, NH
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 02-0436529
Organization Overview
Touchstone Farm Inc is located in Lyndeborough, NH. The organization was established in 1990. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Touchstone Farm Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Touchstone Farm Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Touchstone Farm Inc generated $603.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $519.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TOUCHSTONE FARM IS AN EDUCATIONAL AND THERAPEUTIC NOT-FOR-PROFIT THAT IS POSITIVELY CHANGING LIVES THROUGH PARTNERSHIPS BETWEEN HORSES AND PEOPLE OF VARYING ABILITIES, AGES AND BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER CAMPS, RIDING LESSONS AND EDUCATIONAL PROGRAMS FOR INDIVIDUALS OF ALL AGES AND ABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Young Executive Director | Officer | 40 | $68,000 |
Sara West Vice President | Officer | 15 | $0 |
Christy Greene President | Officer | 2 | $0 |
Phyllis Strickholm Treasurer | Officer | 2 | $0 |
Meaghan Root Secretary | Officer | 2 | $0 |
Caitlin Shultz Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $153,787 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,655 |
| Total Program Service Revenue | $263,090 |
| Investment income | $194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,429 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $603,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,000 |
| Compensation of current officers, directors, key employees. | $68,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,992 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,212 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $51 |
| Office expenses | $24,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,128 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,432 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,682 |
| Insurance | $22,600 |
| All other expenses | $4,401 |
| Total functional expenses | $519,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $436,174 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,230 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,874 |
| Net Land, buildings, and equipment | $934,047 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $24,947 |
| Investments—program-related | $0 |
| Intangible assets | $121,290 |
| Other assets | $138,464 |
| Total assets | $1,676,026 |
| Accounts payable and accrued expenses | $10,386 |
| Grants payable | $0 |
| Deferred revenue | $48,152 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $96,500 |
| Secured mortgages and notes payable | $246,632 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $6,743 |
| Total liabilities | $908,413 |
| Net assets without donor restrictions | $747,901 |
| Net assets with donor restrictions | $19,712 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,676,026 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Touchstone Farm Inc has recieved totaling $859.
| Awarding Organization | Amount |
|---|---|
Daniel And Gloria Kearney Foundation Chicago, IL PURPOSE: UNRESTRICTED | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $359 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Open Sky Community Services Inc Worcester, MA | $49,353,222 | $95,640,760 |
Area Agency Of Greater Nashua Inc Nashua, NH | $17,358,631 | $59,697,244 |
Toward Independent Living & Learning Inc Dedham, MA | $105,262,723 | $73,578,332 |
Northern Human Services Conway, NH | $25,728,912 | $47,489,292 |
Monadnock Development Services Region V Area Agency Keene, NH | $8,552,572 | $38,273,749 |
The Guild For Human Services Inc Concord, MA | $50,533,268 | $37,209,681 |
Kennedy-Donovan Center Inc Foxboro, MA | $23,212,123 | $32,800,844 |
Delta Projects Inc Dedham, MA | $23,715,014 | $34,546,579 |
Crystal Springs Inc Assonet, MA | $21,813,841 | $30,669,053 |
Cooperative Production Inc North Dighton, MA | $19,477,878 | $29,998,300 |
Lifeworks Incorporated Westwood, MA | $40,994,438 | $26,087,174 |
American Training Inc Andover, MA | $23,742,948 | $28,092,463 |