Form 990-ez, Part I, Line 14
“Description: depreciation/amortization. Amount: 63,418. Description: other expenses. Amount: 20,817. Total to form 990-ez, line 14: 84,235.”
Old Field Farms Ltd.
990EZ • Fiscal year 2023 • EIN 11-3339075
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$296,865
Down $24,112 (-7.5%) from 2022
Net Assets
Down$296,349
Down $24,628 (-7.7%) from 2022
Liabilities
Up$516
Up $516 from 2022
Revenue And Expenses
Revenue
Up$105,039
Up $12,923 (+14%) from 2022
Expenses
Up$129,667
Up $77,667 (+149%) from 2022
Net Income
Down-$24,628
Down $64,744 (-161%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $141,932
Mission and Program Overview
Mission
Operating an equestrian center for training and showing horses.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SUMMER EQUESTRIAN FESTIVAL- HORSESHOW | $0 | $36,893 |
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
- 140 HARBOR ROAD, SAINT JAMES, NY 11780
Signing Officer
- Name
- Sally a Lynch
- Title
- President
- Phone
- 6312468983
- Signed
- 2024-11-14
- 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 16 - Other Expenses
“Description: office expense. Amount: 2,325. Description: insurance expense. Amount: 1,972. Description: waste disposal expense. Amount: 5,273. Description: bank charges. Amount: 19. Description: interest expense. Amount: 68. Description: farm supplies expense. Amount: 11,084. Description: telephone expense. Amount: 1,020. Description: postage and delivery expense. Amount: 2,581. Description: website expense. Amount: 594. Description: advertising expense. Amount: 7,318. Description: license & permit fees. Amount: 11,278. Description: credit card fees. Amount: 40. Description: meal expense. Amount: 35. Total to form 990-ez, line 16: 43,607.”
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: 103,284. End of year amount: 100,188.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: chase credit card payable. Beg. Of year amount: 0. End of year amount: 516.”
Raw XML Appendix152 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6312468983 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ST JAMES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11780 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 213693 |
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| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -24628 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1825 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 320977 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 296865 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 54905 |
| IRS990EZ/GrossReceiptsAmt | 0 | 141932 |
| 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 | 320977 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 296349 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 320977 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 296349 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 84235 |
| 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 | 107284 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 104188 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 43607 |
| 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 | 36893 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 36893 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 18012 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 516 |
| 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 | 129667 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 36893 |
| IRS990EZ/TotalRevenueAmt | 0 | 105039 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.OLDFIELDFARMLTD.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 87027 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 69635 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92897 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55346 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80203 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 385108 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 385108 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 87027 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 69635 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92897 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55346 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80203 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 385108 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 385108 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 63,418. DESCRIPTION: OTHER EXPENSES. AMOUNT: 20,817. TOTAL TO FORM 990-EZ, LINE 14: 84,235. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,325. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,972. DESCRIPTION: WASTE DISPOSAL EXPENSE. AMOUNT: 5,273. DESCRIPTION: BANK CHARGES. AMOUNT: 19. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 68. DESCRIPTION: FARM SUPPLIES EXPENSE. AMOUNT: 11,084. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 1,020. DESCRIPTION: POSTAGE AND DELIVERY EXPENSE. AMOUNT: 2,581. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 594. DESCRIPTION: ADVERTISING EXPENSE. AMOUNT: 7,318. DESCRIPTION: LICENSE & PERMIT FEES. AMOUNT: 11,278. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 40. DESCRIPTION: MEAL EXPENSE. AMOUNT: 35. TOTAL TO FORM 990-EZ, LINE 16: 43,607. |
| 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: 103,284. END OF YEAR AMOUNT: 100,188. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: CHASE CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 516. |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| 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/BuildTS | 0 | 2024-10-15 13:58:12Z |
| 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 | 2024-11-14 |
| 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 | 140 HARBOR ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAINT JAMES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11780 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| 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 | 2024-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GLOBAL ACCOUNTING SERVICES CPA PC |
| ReturnHeader/ReturnTs | 0 | 2024-11-15T13:28:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $296,865
- Liabilities
- $516
- Net assets
- $296,349
- Revenue
- $105,039
- Expenses
- $129,667
- Net income
- -$24,628