Friends Of Lachat Inc
- Assets
- $289.7k
- Revenue
- $394.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Weston, CT
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 80-0768651
Organization Overview
Friends Of Lachat Inc is located in Weston, CT. The organization was established in 2012. According to its NTEE Classification (K25) the organization is classified as: Farmland Preservation, 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. Friends Of Lachat 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, Friends Of Lachat Inc generated $394.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 46.2% each year . All expenses for the organization totaled $341.3k during the year ending 12/2021. While expenses have increased by 32.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESTORE, MAINTAIN AND IMPROVE THE FARMHOUSE, GROUNDS AND OTHER FACILITIES AT LACHAT TOWN FARM, A MUNICIPAL PROPERTY LOCATED IN THE TOWN OF WESTON, CT. THE ORGANIZATION OFFERS PROGRAMS THAT FACILITATE EDUCATION AND ENJOYMENT OF LACHAT TOWN FARM BY THE COMMUNITIES OF WESTON, CT AND SURROUNDING TOWNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFUTT EDUCATION CENTER : THE ORGANIZATION MADE SUBSTANTIAL PROGRESS FOR THE PLANNING, DESIGN AND APPROVALS TO PERMIT CONSTRUCTION OF THE OFFUTT EDUCATION CENTER. THE NEW CENTER WILL REPLACE THE CURRENT GARAGE AND ENABLE YEAR ROUND EDUCATIONAL PROGRAMMING, INCLUDING THE ADDITION OF A DEMONSTRATION KITCHEN AND ART STUDIO FOR CLASSES. ARCHITECTURAL, ENGINEERING, ENVIRONMENTAL AND LEGAL FIRMS WERE RETAINED FOR THE DESIGN AND REQUIRED MUNICIPAL LAND USE APPROVALS. ALL THE NECESSARY LAND USE APPROVALS WERE OBTAINED AND THE EXPECTATION IS THAT CONSTRUCTION WILL BEGIN IN 2022.
FACILITY IMPROVEMENTS AND MAINTENANCE: THE ORGANIZATION CONTINUES TO MAKE MEANINGFUL EXPENDITURES TO MAINTAIN AND IMPROVE THE LACHAT TOWN FARM. A NEW MODULAR STAGE WAS ACQUIRED FOR MUSICAL AND OTHER EVENTS. A NEW FARM UTILITY VEHICLE ACQUIRED FOR THE LACHAT TOWN FARM. IN ADDITION, THE ORGANIZATION CONTINUED TO SPEND FUNDS ON LANDSCAPING, FARMHOUSE MAINTENANCE, UTILITIES AND REPAIRS, SEPTIC REPAIRS AND MAINTENANCE, AND GENERAL FARM MAINTENANCE.
CLASSES AND OTHER EVENTS: THE ORGANIZATION OFFERED A BROAD VARIETY OF OVER 20 CLASSES AND OTHER EVENTS THROUGHOUT THE YEAR. THE CLASSES INCLUDED BASIC GARDENING, COMPOSTING, BIRDS/BEES AND BUTTERFLIES, GOAT EDUCATION, IKEBANA, WINTER SOWING AS WELL AS YOGA, TAI CHI AND MEDITATION. CERTAIN EVENTS FOCUSED ON EDUCATION AND COMMUNITY SERVICE THEMES, INCLUDING MLK DAY, INTERNATIONAL DAY, WOMEN;S SUFFRAGE TEA AND A FOCUS ON VETERANS ON JULY 4TH. ADDITIONAL EVENTS PROVIDED OPPORTUNITIES FOR YOUTH AND FAMILIES TO ENJOY LACHAT TOWN FARM, INCLUDING A SPRING EGG HUNT AND A CANDY CANE HUNT. EACH CLASS ATTRACTED APPROXIMATE 20 PERSONS, WHILE THE OTHER EVENTS ATTRACTED APPROXIMATELY 100 TO 125 COMMUNITY MEMBERS EACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deirdre Doran Secretary | OfficerTrustee | 5 | $0 |
Carol Baldwin President | OfficerTrustee | 20 | $0 |
Derek Hutchison Treasurer | OfficerTrustee | 5 | $0 |
Ellen Mccormick Director | Trustee | 10 | $0 |
David Allon Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,359 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,690 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,049 |
| Total Program Service Revenue | $148,207 |
| Investment income | $77 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,640 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $405 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $394,378 |
| 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 | $22,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,494 |
| Fees for services: Accounting | $2,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $202,006 |
| Advertising and promotion | $0 |
| Office expenses | $1,143 |
| Information technology | $3,250 |
| Royalties | $0 |
| Occupancy | $5,307 |
| 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 | $0 |
| Insurance | $4,519 |
| All other expenses | $14,981 |
| Total functional expenses | $341,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,196 |
| Savings and temporary cash investments | $277,508 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $289,704 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $289,704 |
| 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 | $289,704 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Friends Of Lachat Inc has recieved totaling $152,352.
| Awarding Organization | Amount |
|---|---|
Kendall Family Foundation Weston, CT PURPOSE: GENERAL OPERATING | $80,000 |
Twenty-Seven Foundation East Hartford, CT PURPOSE: GENERAL | $50,000 |
Robert W Wilson Charitable Tr New York, NY PURPOSE: GENERAL SUPPORT | $17,500 |
Mutual Of America Foundation New York, NY PURPOSE: GENERAL OPERATING PURPOSE | $2,500 |
R Hahn Foundation Weston, CT PURPOSE: GENERAL DONATION | $1,000 |
Kurtz Family Foundation Georgetown, CT PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Involved In Sustaining Agriculture Inc South Deerfield, MA | $2,639,195 | $1,830,925 |
Grow Food Northampton Inc Florence, MA | $1,237,704 | $748,534 |
Connecticut Farmland Trust Inc Hartford, CT | $2,034,432 | $539,085 |
Lexington Community Farm Coalition Inc Lexington, MA | $377,625 | $608,889 |
Brookwood Community Farm Inc Canton, MA | $464,448 | $440,626 |
Friends Of Lachat Inc Weston, CT | $289,704 | $394,378 |
Newton Community Farm Inc Newton, MA | $644,347 | $367,259 |
Wellfleet Shellfishermens Association Wellfleet, MA | $11,884 | $0 |
Concord Grape Belt Heritage Association Inc Westfield, NY | $1,046,185 | $80,809 |
Law-Reed-Huss Farm Foundation Wayland, MA | $883,935 | $42,150 |
Friends Of The Farm Northport Inc Northport, NY | $90,292 | $99,554 |
Historic Oneil Farm Inc Duxbury, MA | $3,111,410 | $92,277 |