Purpose Farm Inc
- Assets
- $274.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baldwinsville, NY
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-1446338
Organization Overview
Purpose Farm Inc is located in Baldwinsville, NY. The organization was established in 2014. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purpose 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 12/2023, Purpose Farm Inc generated $144.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $223.5k during the year ending 12/2023. While expenses have increased by 17.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
MENTORING YOUTH IN CRISIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Massaro Secretary | 0.5 | $0 | |
Sandra Seabrook President | 75 | $0 | |
Sue Stapleton Director | 15 | $0 | |
Noah Seabrook Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,888 |
| 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 | $144,888 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,060 |
| Occupancy, rent, utilities, and maintenance | $33,570 |
| Printing, publications, postage, and shipping | $3,695 |
| Other expenses | $185,166 |
| Total expenses | $223,491 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $274,445 |
| Other assets | $0 |
| Total assets | $274,445 |
| Total liabilities | $0 |
| Net assets or fund balances | $274,445 |