Kinship Farm Corporation
- Assets
- $39.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Beverly, MA
- Founding
- Data as of
- 12/2022
- EIN
- 38-4136612
Organization Overview
Kinship Farm Corporation is located in Beverly, MA. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2022, Kinship Farm Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinship Farm Corporation 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 12/2022, Kinship Farm Corporation generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $100.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND CONSULTING
Describe the Organization's Program Activity:
Part 3
KINSHIP FARM EXPERIMENTAL FARMDEVELOPED EDGE CROPS, BEGAN MUSHROOM FARM, ASSISTED IN CONSTRUCTING FOREST COMPOST ROAD AND TRAILS, RESEARCHED/IMPLEMENTED SUSTAINABLE SYSTEMS FOR CLIENT, DEVELOPED INDOOR FARM, COORDINATED FOOD DONATION PROGRAM. BENEFITTED 100 PEOPLE.
WHO IS MY NEIGHBOR PROJECTRESEARCHED CONTEXT OF NORTH SHORE NEIGHBORS - HISTORIC TO CURRENT, PRODUCED VIDEO AND SOUND CLIPS, IMPLEMENTED YOUTH EDUCATION CLASSES INCLUDING ART CLASS WITH SCIENCE/ENGINEERING/MULTICULTURAL EMPHASIS. BENEFITTED 100 PEOPLE.
GROW FOOD FOR GOODHELD MEETINGS WITH NEIGHBORS AND COORDINATED FOOD DONATIONS. BENEFITTED 25 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Macomber Director | 0 | $0 | |
Storey Hieronymus Hauck Executive Director/clerk/treasurer | 10 | $28,998 | |
Susan Ward Jostyn President/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,350 |
| Professional fees and other payments to independent contractors | $53,852 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,378 |
| Other expenses | $5,908 |
| Total expenses | $100,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,734 |
| Other assets | $0 |
| Total assets | $39,794 |
| Total liabilities | $3,056 |
| Net assets or fund balances | $36,738 |