Liabilities / Assets
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Old Field Farms Ltd.
990EZ • Fiscal year 2021 • EIN 11-3339075
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Up$280,861
Up $43,469 (+18%) from 2020
Net Assets
Up$280,861
Up $43,469 (+18%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Up$92,897
Up $20,674 (+29%) from 2020
Expenses
Up$49,428
Up $8,312 (+20%) from 2020
Net Income
Up$43,469
Up $12,362 (+40%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Jun 14, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $92,897
Mission and Program Overview
Mission
Operating an equestrian center for training and showing horses.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SUMMER EQUESTRIAN FESTIVAL- HORSESHOW | $0 | $16,491 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SALLY A LYNCH | President | PT | $0 | - | - |
| CAROLYN VINCENT | VP-Event Prom./Treasurer | - | $0 | - | - |
| ROCHELLE NORMAN-CAPO | Secretary | - | $0 | - | - |
| STEVE RIZZUTO | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Old Field Farm Ltd
- EIN
- 11-3339075
- Phone
- 6312468983
- Address
- PO BOX 598, STONY BROOK, NY 11790
Signing Officer
- Name
- Sally a Lynch
- Title
- President
- Phone
- 6312468983
- Signed
- 2022-06-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Global Accounting Services CPA Pc
- Address
- 500 BI COUNTY BOULEVARD SUITE 217N, FARMINGDALE, NY 11735
- Preparer
- Global Accounting Services CPA Pc
- Phone
- 6316945000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation/amortization. Amount: 3,078. Description: other expenses. Amount: 5,226. Total to form 990-ez, line 14: 8,304.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expense. Amount: 240. Description: insurance expense. Amount: 4,058. Description: waste disposal expense. Amount: 3,995. Description: bank charges. Amount: 82. Description: interest expense. Amount: 4. Description: supplies expense. Amount: 7,855. Description: telephone expense. Amount: 1,289. Description: postage and delivery expense. Amount: 3,164. Description: website expense. Amount: 443. Description: advertising expense. Amount: 153. Description: event cancelled due to covid. Amount: 16,491. Total to form 990-ez, line 16: 37,774.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: security deposit. Beg. Of year amount: 4,000. End of year amount: 4,000. Description: other depreciable assets. Beg. Of year amount: 109,829. End of year amount: 106,751.”
Raw XML Appendix151 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SALLY A LYNCH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6312468983 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 140 HARBOR ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ST JAMES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11780 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 123563 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 170110 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 92897 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 43469 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3350 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 237392 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 280861 |
| IRS990EZ/GrossReceiptsAmt | 0 | 92897 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 237392 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 280861 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 237392 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 280861 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 8304 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SALLY A LYNCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CAROLYN VINCENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROCHELLE NORMAN-CAPO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | STEVE RIZZUTO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP-EVENT PROM./TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 113829 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 110751 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37774 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OPERATING AN EQUESTRIAN CENTER FOR TRAINING AND SHOWING HORSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SUMMER EQUESTRIAN FESTIVAL- HORSESHOW |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 16491 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 49428 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 16491 |
| IRS990EZ/TotalRevenueAmt | 0 | 92897 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.OLDFIELDFARMLTD.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 92897 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55346 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 80203 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 39251 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49215 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 316912 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 316912 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 92897 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55346 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 80203 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 39251 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49215 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 316912 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 316912 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 3,078. DESCRIPTION: OTHER EXPENSES. AMOUNT: 5,226. TOTAL TO FORM 990-EZ, LINE 14: 8,304. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 240. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 4,058. DESCRIPTION: WASTE DISPOSAL EXPENSE. AMOUNT: 3,995. DESCRIPTION: BANK CHARGES. AMOUNT: 82. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 4. DESCRIPTION: SUPPLIES EXPENSE. AMOUNT: 7,855. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 1,289. DESCRIPTION: POSTAGE AND DELIVERY EXPENSE. AMOUNT: 3,164. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 443. DESCRIPTION: ADVERTISING EXPENSE. AMOUNT: 153. DESCRIPTION: EVENT CANCELLED DUE TO COVID. AMOUNT: 16,491. TOTAL TO FORM 990-EZ, LINE 16: 37,774. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 4,000. END OF YEAR AMOUNT: 4,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 109,829. END OF YEAR AMOUNT: 106,751. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SALLY A LYNCH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6312468983 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-06-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OLD FIELD FARM LTD |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OLDF |
| ReturnHeader/Filer/EIN | 0 | 113339075 |
| ReturnHeader/Filer/PhoneNum | 0 | 6312468983 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 598 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | STONY BROOK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11790 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113441965 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GLOBAL ACCOUNTING SERVICES CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 BI COUNTY BOULEVARD SUITE 217N |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FARMINGDALE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11735 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6316945000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-06-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GLOBAL ACCOUNTING SERVICES CPA PC |
| ReturnHeader/ReturnTs | 0 | 2022-06-29T11:04:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SALLY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LYNCH |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $280,861
- Liabilities
- $0
- Net assets
- $280,861
- Revenue
- $92,897
- Expenses
- $49,428
- Net income
- $43,469