Newhall Fields Community Farm Inc is located in Peabody, MA. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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. Newhall Fields Community 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, Newhall Fields Community Farm Inc generated $88.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.7% each year . All expenses for the organization totaled $89.9k during the year ending 12/2023. While expenses have increased by 53.8% per year over the past 5 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
IN THE 2019 GROWING SEASON, NEWHALL FARMS GREW OVER 2,000 POUNDS OF FOOD WITH THE HELP OF OVER 300 VOLUNTEERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannette Mcginn President | 16 | $0 | |
Betsy Lahikainen Vice President | 6.5 | $0 | |
Stephanie Johnson Clerk | 5 | $0 | |
Diane Dube Trustee | 4 | $0 | |
Joseph Schueller Treasurer | 5 | $0 | |
Chester Graham Member | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,393 |
| Total Program Service Revenue | $11,812 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $134 |
| Total Revenue | $88,359 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,647 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $669 |
| Printing, publications, postage, and shipping | $281 |
| Other expenses | $34,256 |
| Total expenses | $89,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,922 |
| Other assets | $0 |
| Total assets | $95,746 |
| Total liabilities | $27,890 |
| Net assets or fund balances | $67,856 |