Civic Intelligence

Equity Trust Inc.

990 • Fiscal year 2020 • EIN 06-1337421

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 13, 2021

Organization ProfileEQUITYTRUST.ORG
PO Box 746Amherst, MA 01004

(413) 256-6161

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.75x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

11.95x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

4th percentile

-96%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

26th percentile

$52,532

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

11th percentile

-5.8%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-17%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$6,115,136

Down $379,008 (-5.8%) from 2019

Net Assets

Down

$1,527,270

Down $366,727 (-19%) from 2019

Liabilities

Down

$4,587,866

Down $12,281 (-0.3%) from 2019

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin4th percentile

Revenue

Down

$383,866

Down $80,677 (-17%) from 2019

Expenses

Down

$750,593

Down $486,277 (-39%) from 2019

Net Income

Up

-$366,727

Up $405,600 (+53%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $2,516,166Liabilities 2010: $1,696,714Net Assets 2010: $819,4522010Assets 2011: $2,665,450Liabilities 2011: $1,899,039Net Assets 2011: $766,4112011Assets 2012: $2,902,778Liabilities 2012: $2,162,350Net Assets 2012: $740,4282012Assets 2013: $4,168,679Liabilities 2013: $2,404,206Net Assets 2013: $1,764,4732013Assets 2014: $5,386,728Liabilities 2014: $3,624,352Net Assets 2014: $1,762,3762014Assets 2015: $6,751,610Liabilities 2015: $4,941,394Net Assets 2015: $1,810,2162015Assets 2016: $8,101,452Liabilities 2016: $6,299,532Net Assets 2016: $1,801,9202016Assets 2017: $9,052,442Liabilities 2017: $6,568,667Net Assets 2017: $2,483,7752017Assets 2018: $9,139,131Liabilities 2018: $6,472,807Net Assets 2018: $2,666,3242018Assets 2019: $6,494,144Liabilities 2019: $4,600,147Net Assets 2019: $1,893,9972019Assets 2020: $6,115,136Liabilities 2020: $4,587,866Net Assets 2020: $1,527,2702020Assets 2021: $6,214,619Liabilities 2021: $4,411,290Net Assets 2021: $1,803,3292021Assets 2022: $6,434,499Liabilities 2022: $4,422,829Net Assets 2022: $2,011,6702022Assets 2023: $6,582,486Liabilities 2023: $4,357,322Net Assets 2023: $2,225,1642023Assets 2024: $6,734,675Liabilities 2024: $4,411,243Net Assets 2024: $2,323,4322024

Highlighted filing

2020

Assets$6,115,136
Liabilities$4,587,866
Net Assets$1,527,270
Open 2020 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2010: $203,587Expenses 2010: $241,434Net Income 2010: -$37,8472010Expenses 2011: $183,5812011Expenses 2012: $190,0362012Revenue 2013: $1,284,713Expenses 2013: $260,668Net Income 2013: $1,024,0452013Revenue 2014: $328,697Expenses 2014: $330,794Net Income 2014: -$2,0972014Revenue 2015: $408,457Expenses 2015: $360,617Net Income 2015: $47,8402015Revenue 2016: $602,450Expenses 2016: $610,746Net Income 2016: -$8,2962016Revenue 2017: $1,005,450Expenses 2017: $323,595Net Income 2017: $681,8552017Revenue 2018: $1,182,504Expenses 2018: $999,955Net Income 2018: $182,5492018Revenue 2019: $464,543Expenses 2019: $1,236,870Net Income 2019: -$772,3272019Revenue 2020: $383,866Expenses 2020: $750,593Net Income 2020: -$366,7272020Revenue 2021: $589,639Expenses 2021: $313,580Net Income 2021: $276,0592021Revenue 2022: $420,144Expenses 2022: $211,803Net Income 2022: $208,3412022Revenue 2023: $595,867Expenses 2023: $382,373Net Income 2023: $213,4942023Revenue 2024: $450,097Expenses 2024: $351,829Net Income 2024: $98,2682024

Highlighted filing

2020

Revenue$383,866
Expenses$750,593
Net Income-$366,727
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 13, 2021
Return Version
2020v4.1
Gross Receipts
$383,866
Mission and Program Overview

Mission

To promote and provide access to land, housing, capital, and employment opportunities for disadvantaged and low-income people; to promote the conservation of land and natural resources; and related charitable and educational purposes.

To promote economic and social justice through equitable access to land and capital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,980,283$2,903,254▼ $77,029
Other Notes and Loans Receivable, Net$2,966,431$2,535,252▼ $431,179
Investments Program Related$397,342$397,342→ $0
Investments Other Securities-$250,703-
Accounts Receivable$130,799$18,315▼ $112,484
Pledges and Grants Receivable$2,105$5,280▲ $3,175
Cash and Non-Interest-Bearing Accounts$16,757$4,561▼ $12,196
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$6,494,144$6,115,136▼ $379,008
Other Assets Total$427$429▲ $2
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,436,407$4,440,451▲ $4,044
Accounts Payable and Accrued Expenses$102,327$127,775▲ $25,448
Deferred Revenue$16,344$11,344▼ $5,000
Other Liabilities$45,069$8,296▼ $36,773
Total Liabilities$4,600,147$4,587,866▼ $12,281
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,781,574$1,638,223▼ $143,351
Net Assets Without Donor Restrictions$112,423$-110,953▼ $223,376
Total Net Assets Fund Balance$1,893,997$1,527,270▼ $366,727
Total Liabilities and Net Assets / Fund Balance$6,494,144$6,115,136▼ $379,008

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$8,144$8,144
Investment Program Related Org$397,342--
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James OldhamExecutive DirectorFT$52,532$52,532

Board Members and Trustees

NameTitle
Scott ReedPresident
Jody BolluytVice President
Michael WallaceDirector
Russ FoxDirector
Madeline MillerClerk
Dan RosenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$292,095
Program Service Revenue
$77,501
Investment Income
$14,270
Other Revenue
$0
All Other Contributions
$292,095
Change in Net Assets
$-366,727

Audited Revenue Reconciliation

Revenue per Audited Statements
$383,866
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$31,483
Total Revenue per Audited Statements
$415,349
Total Revenue per Form 990
$383,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$624,001
Salaries, Compensation, and Employee Benefits$126,592
Total Fundraising Expense$3,273
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,843$11,402$538$63,783
Current Officers, Directors, Trustees, and Key Employees$46,028$4,569$1,935$52,532
Interest$49,812--$49,812
Other Expenses$39,338--$39,338
Fees for Services Legal$12,554$11-$12,565
Occupancy$8,582$1,401$217$10,200
Payroll Taxes$8,386$1,368$212$9,966
Fees for Services Accounting-$8,500-$8,500
Fees for Services Other$6,400--$6,400
Office Expenses$4,049$732$365$5,146
Insurance$968$2,736-$3,704
Other Employee Benefits$262$43$6$311
Travel$285--$285
All Other Expenses$46--$46
Total Functional Expenses$716,558$30,762$3,273$750,593

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$782,076
Expenses per Audited Statements$750,593
Total Expenses per Form 990$750,593
Expenses Not Reported on Form 990$31,483
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$8,296
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Staff provides all information for outside accountant to prepare audited financial statements. Staff reviews and forwards to board for approval. Outside accountant, with staff input, prepares form 990 and relevant state returns based on audited financial statements. Staff reviews and forwards to board for approval.”

Form 990, Part VI, Section B, Line 12C

“Board members sign off on the conflict of interest policy annualy and identify any potential conflicts.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Equity Trust Inc
EIN
06-1337421
Phone
4132566161
Address
PO BOX 746, AMHERST, MA 01004

Signing Officer

Name
James Oldham
Title
Executive Director
Phone
4132566161
Signed
2021-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Oldham
Formed
1991
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
6
Employees
3
Volunteers
9

Preparer

Firm
Boisselle Morton & Wolkowicz Llp
Address
48 BAY ROAD PO BOX 374, HADLEY, MA 01035
Preparer
Joseph P Wolkowicz CPA
Phone
4135870099
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor. This process has not changed during the year.”

Financial Statement Notes

PART II, LINE 9:

“Conservation easements are acquired through donation or purchased at appraised value, but are carried as an asset on the books at $1, since they are considered to have no market value.”

Raw XML AppendixShowing 400 of 464 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051843
IRS990/OtherSalariesAndWagesGrp/TotalAmt063783
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02966431
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02535252
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0212
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01368
IRS990/PayrollTaxesGrp/ProgramServicesAmt08386
IRS990/PayrollTaxesGrp/TotalAmt09966
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02105
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05280
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES OLDHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1TECHNICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc2PROPERTY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt059069
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117438
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2994
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt059069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117438
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2994
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION AND TECHNICAL ASSISTANCE TO PROMOTE THE ESTABLISHMENT AND SUSTAINABILITY OF ENVIRONMENTALLY SOUND FARMS THAT BENEFIT THEIR LOCAL COMMUNITIES. SUPPORT FOR THE PERMANENT PROTECTION OF FARMLAND, FARM INFRASTRUCTURE, AND THE AFFORDABILITY OF THESE RESOURCES TO WORKING FARMERS. IN 2020, EQUITY TRUST'S WORK FOCUSED ON PROJECTS SUPPORTING FARM LAND ACCESS FOR FARM WORKERS AND IMMIGRANT FARMERS; FACILITATING FARMER/LAND TRUST PARTNERSHIPS USING SHARED EQUITY OWNERSHIP; PROVIDING TRAINING FOR LAND TRUSTS ON INNOVATIVE FARM PROTECTIONS; AND RESPONDING TO ASSISTANCE REQUESTS FROM FARMERS, LAND OWNERS, AND LAND TRUSTS FROM AROUND THE COUNTRY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0346858
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010508
IRS990/ProgSrvcAccomActy3Grp/Desc0PROPERTY STEWARDSHIP: EQUITY TRUST OWNS AND STEWARDS PERMANENTLY PRESERVED AND AFFORDABLE FARM PROPERITIES IN NEW YORK AND NEW HAMPSHIRE AND HOLDS CONSERVATION EASEMENTS PERMANENTLY PROTECTING FARM PROPERTIES IN CALIFORNIA AND MASSACHUSETTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt053975
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0994
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0213862
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027164
IRS990/PYOtherExpensesAmt01086828
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0223517
IRS990/PYRevenuesLessExpensesAmt0-772327
IRS990/PYSalariesCompEmpBnftPaidAmt0150042
IRS990/PYTotalExpensesAmt01236870
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0464543
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-366727
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt063410
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02980283
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02903254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0292095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0124239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0298031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0435115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0416598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01566078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015264
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033844
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032337
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0131697
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54420
IRS990ScheduleA/PublicSupportPY170Pct00.56140
IRS990ScheduleA/PublicSupportTotal170Amt0923946
IRS990ScheduleA/SubstantialContributorsTotAmt0642132
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0292095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0124239
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0298031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0435115
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0416598
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01566078
IRS990ScheduleA/TotalSupportAmt01697775
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt031483
IRS990ScheduleD/DonatedServicesUseFcltsAmt031483
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08144
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08144
IRS990ScheduleD/ExpensesNotReportedAmt031483
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0750593
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0397342
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DONATED AND ACQUIRED REAL PROPERTY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/RevenueNotReportedAmt031483
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0383866
IRS990ScheduleD/StaffHoursSpentEnforcementCnt015.00
IRS990ScheduleD/StatesEasementsHeldCnt02
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONSERVATION EASEMENTS ARE ACQUIRED THROUGH DONATION OR PURCHASED AT APPRAISED VALUE, BUT ARE CARRIED AS AN ASSET ON THE BOOKS AT $1, SINCE THEY ARE CONSIDERED TO HAVE NO MARKET VALUE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 9:
IRS990ScheduleD/TotalAcreageCnt0105.32
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0397342
IRS990ScheduleD/TotalEasementsCnt03
IRS990ScheduleD/TotalExpensesPerForm990Amt0750593
IRS990ScheduleD/TotalLiabilityAmt08296
IRS990ScheduleD/TotalRevenuePerForm990Amt0383866
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0415349
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0782076
IRS990ScheduleD/WrittenPolicyMonitoringInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAFF PROVIDES ALL INFORMATION FOR OUTSIDE ACCOUNTANT TO PREPARE AUDITED FINANCIAL STATEMENTS. STAFF REVIEWS AND FORWARDS TO BOARD FOR APPROVAL. OUTSIDE ACCOUNTANT, WITH STAFF INPUT, PREPARES FORM 990 AND RELEVANT STATE RETURNS BASED ON AUDITED FINANCIAL STATEMENTS. STAFF REVIEWS AND FORWARDS TO BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SIGN OFF ON THE CONFLICT OF INTEREST POLICY ANNUALY AND IDENTIFY ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0EQUITY TRUST INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0EQUITY TRUST HUDSON VALLEY FARM AFFORDABILITY FUND LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0464682444
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0952699
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0TO CONSERVE WORKING FARMS IN THE HUDSON VALLEY, NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt01250
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0PO BOX 746
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0AMHERST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd001004
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06494144
IRS990/TotalAssetsEOYAmt06115136
IRS990/TotalAssetsGrp/BOYAmt06494144
IRS990/TotalAssetsGrp/EOYAmt06115136
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0292095
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03273
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030762
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0716558
IRS990/TotalFunctionalExpensesGrp/TotalAmt0750593
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04600147

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,115,136
Liabilities
$4,587,866
Net assets
$1,527,270
Revenue
$383,866
Expenses
$750,593
Net income
-$366,727
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.73$4.41$2.32$0.45$0.35$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.58$4.36$2.23$0.60$0.38$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$4.42$2.01$0.42$0.21$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.21$4.41$1.80$0.59$0.31$0.28
2020Detailed filing. Detailed filing data is available for this year.$6.12$4.59$1.53$0.38$0.75$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.49$4.60$1.89$0.46$1.24$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.14$6.47$2.67$1.18$1.00$0.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.05$6.57$2.48$1.01$0.32$0.68
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.10$6.30$1.80$0.60$0.61$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.75$4.94$1.81$0.41$0.36$0.05
2014Detailed filing. Detailed filing data is available for this year.$5.39$3.62$1.76$0.33$0.33$0.00
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.17$2.40$1.76$1.28$0.26$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$2.16$0.74$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$1.90$0.77$0.18
2010Summary only. Only limited summary data is available for this year.$2.52$1.70$0.82$0.20$0.24$0.04