Summerseat Farm Inc
- Assets
- $511.3k
- Revenue
- $38.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsville, MD
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 52-2226448
Organization Overview
Summerseat Farm Inc is located in Mechanicsville, MD. The organization was established in 2000. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summerseat 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, Summerseat Farm Inc generated $38.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $28.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) 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
TO PRESERVE THE HISTORY OF AGRICULTURE AND NATURAL RESOURCES. WE PROVIDE PROGRAMS FOR THE COMMUNITY AND PROVIDE AN ANIMAL SANCTUARY FOR WOUNDED AND SICK ANIMALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED FARM TOURS AND EDUCATIONAL VISITS FOR SCHOOL CHILDREN AS A FIELD TRIP DESTINATION AND THE COMMUNITY AT LARGE. IT TEACHES THE COMMUNITY ABOUT HISTORY, AGRICULTURE, AND PRESERVATION OF NATURAL RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanetter Kauffman Secretary | Officer | 5 | $0 |
Sylvia Welch Treasurer | Officer | 10 | $0 |
Jean Campbell President | Officer | 10 | $0 |
Ron Barnes Vice President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,003 |
| Related organizations | $0 |
| Government grants | $6,696 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,093 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $291 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,388 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24 |
| Information technology | $1,274 |
| Royalties | $0 |
| Occupancy | $2,855 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,233 |
| Insurance | $6,117 |
| All other expenses | $0 |
| Total functional expenses | $28,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,591 |
| Savings and temporary cash investments | $10,582 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $475,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $511,317 |
| Accounts payable and accrued expenses | $6,470 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $35,983 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,453 |
| Net assets without donor restrictions | $468,864 |
| Net assets with donor restrictions | $0 |
| 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 | $511,317 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Summerseat Farm Inc has recieved totaling $71.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rights And Resources Institute Inc Washington, DC | $36,334,536 | $33,675,806 |
Business Network For Maryland Offshore Wind Inc Baltimore, MD | $8,195,711 | $11,516,807 |
Environmental Law Institute Inc Washington, DC | $12,016,596 | $6,844,953 |
Oyster Recovery Partnership Inc Annapolis, MD | $2,077,192 | $6,281,689 |
Citizens Conservation Corps Inc Beckley, WV | $2,179,540 | $6,277,989 |
Nature Forward Inc Chevy Chase, MD | $13,470,867 | $5,136,432 |
Capital Region Land Conservancy Inc Richmond, VA | $3,496,641 | $3,866,671 |
Ruffed Grouse Society Pittsburgh, PA | $13,438,836 | $6,572,928 |
Western Maryland Resource Conservation And Development Hagerstown, MD | $687,522 | $3,323,285 |
Izaak Walton League Of America Inc Gaithersburg, MD | $11,223,043 | $2,929,642 |
Potomac Conservancy Inc Silver Spring, MD | $2,434,845 | $3,377,955 |
Wild Earth Allies Inc Chevy Chase, MD | $3,026,154 | $3,486,419 |