Civic Intelligence

Valley Crest Preserve Inc

EIN 27-0202975 • 501(c)3 • Glen Gardner, NJ

Profile

Valley crest preserve, inc. (vcp) grows and donates fresh produce to help people in need, maintains its farm and forest for education and recreation and encourages respect for farms and nature.

108 Hoffman LaneGlen Gardner, NJ 08826

www.valleycrestfarmnj.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

45th percentile

0.05x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

2nd percentile

-144%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

24th percentile

-4.8%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,638,337

Down $132,630 (-4.8%) from 2018

Liabilities

Down

$7,490

Down $17,901 (-71%) from 2018

Net Assets

Down

$2,630,847

Down $114,729 (-4.2%) from 2018

Revenue

Down

$137,924

Down $30,912 (-18%) from 2018

Expenses

Up

$337,077

Up $975 (+0.3%) from 2018

Net Income

Down

-$199,153

Down $31,887 (-19%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $3,046,547Liabilities 2015: $15,000Net Assets 2015: $3,031,5472015Assets 2016: $3,029,752Liabilities 2016: $13,250Net Assets 2016: $3,016,5022016Assets 2017: $2,993,353Liabilities 2017: $29,706Net Assets 2017: $2,963,6472017Assets 2018: $2,770,967Liabilities 2018: $25,391Net Assets 2018: $2,745,5762018Assets 2019: $2,638,337Liabilities 2019: $7,490Net Assets 2019: $2,630,8472019

Highlighted filing

2019

Assets$2,638,337
Liabilities$7,490
Net Assets$2,630,847

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $439,908Expenses 2015: $125,726Net Income 2015: $314,1822015Revenue 2016: $227,350Expenses 2016: $283,581Net Income 2016: -$56,2312016Revenue 2017: $177,914Expenses 2017: $324,506Net Income 2017: -$146,5922017Revenue 2018: $168,836Expenses 2018: $336,102Net Income 2018: -$167,2662018Revenue 2019: $137,924Expenses 2019: $337,077Net Income 2019: -$199,1532019

Highlighted filing

2019

Revenue$137,924
Expenses$337,077
Net Income-$199,153

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$150,207
Mission and Program Overview

Mission

Valley crest preserve, inc. (vcp) grows and donates fresh produce to help people in need, maintains its farm and forest for education and recreation and encourages respect for farms and nature.

Valley crest preserve exists to improve the community's connection, (continued on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,169,278$2,133,821▼ $35,457
Investments Other Securities$560,659$468,831▼ $91,828
Cash and Non-Interest-Bearing Accounts$36,781$35,685▼ $1,096
Prepaid Expenses and Deferred Charges$4,249$0▼ $4,249
Total Assets$2,770,967$2,638,337▼ $132,630
Liabilities
Unsecured Notes Loans Payable$24,141$6,240▼ $17,901
Other Liabilities$1,250$1,250→ $0
Total Liabilities$25,391$7,490▼ $17,901
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,745,576$2,630,847▼ $114,729
Total Net Assets Fund Balance$2,745,576$2,630,847▼ $114,729
Total Liabilities and Net Assets / Fund Balance$2,770,967$2,638,337▼ $132,630

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,474,000-$1,474,000
Buildings$606,999$147,000$753,999
Equipment$52,822$60,437$113,259
Other Securities$468,831--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$24,141
Program Service Revenue
$30,661
Investment Income
$18,555
Other Revenue
$64,567
All Other Contributions
$15,816
Change in Net Assets
$-199,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$172,024
Salaries, Compensation, and Employee Benefits$165,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$145,798$4,615-$150,413
Depreciation Depletion$34,633$11,544-$46,177
Occupancy$23,838--$23,838
Insurance$14,075$4,692-$18,767
Payroll Taxes$14,177$463-$14,640
Fees for Services Accounting-$7,620-$7,620
Fees for Services Other$6,128$848-$6,976
Office Expenses$541$6,003-$6,544
Fees for Services Legal$6,262--$6,262
Advertising$2,070--$2,070
Information Technology$870$870-$1,740
Conferences and Meetings$1,072--$1,072
Interest$809--$809
Other Expenses$730$982-$730
Total Functional Expenses$299,440$37,637$0$337,077
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
Security Deposits$1,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft of form 990 is reviewed by the director then distributed and made available to the board of trustees prior to the form being filed. There is an opportunity for questions and answers and when the draft is approved it is filed with the internal revenue service.

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

The organization requires annual conflicts of interest statements from all board members. These statements are reviewed by the executive director of the organization. All board members are required to disclose any conflicts of interest.

Form 990, Part VI, Section B, Line 15

The organization does not have any payroll or other compensation for the officers or top management. The organization has no key employees.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statments are always available to the public at the organization's office or by request.

Filing and Contact Details

Filer

Filer Name
Valley Crest Preserve Inc
EIN
27-0202975
Phone
7327682438
Address
108 HOFFMAN LANE, GLEN GARDNER, NJ 08826

Signing Officer

Name
Thomas Curley
Title
Chairman
Phone
7327682438
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Curley
Formed
2009
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
100

Preparer

Firm
Maddaloni Nydick & Keenan Pc
Address
30 COLUMBIA TURNPIKE, FLORHAM PARK, NJ 07932
Preparer
Steven Nydick
Phone
9738228080
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

(continued from from 990, page 1) experience and information about nature through inspirational, educational programs and to ensure fresh produce for people in need by growing and donating food. We accomplish this through our educational nature programs for the public and outreach to scouts and other groups to volunteer and "pick for the pantry." in 2015 from april through mid-november the preserve offered ten nature programs for families, twenty-five specifically designed programs for both boy and girls scout troops to attain their badges, and ten organized volunteer groups to pick for the pantry. Approximately 750 people attended these programs throughout 2015.

Form 990, Part XI - Line 2C

No audit was required or performed for the current year. While there is no separate committee, the organization's board acts as a committee that is responsible for overseeing the financial activity. This process has not changed from the prior year.

Raw XML AppendixShowing 400 of 438 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/MissionDesc0VALLEY CREST PRESERVE, INC. (VCP) GROWS AND DONATES FRESH PRODUCE TO HELP PEOPLE IN NEED, MAINTAINS ITS FARM AND FOREST FOR EDUCATION AND RECREATION AND ENCOURAGES RESPECT FOR FARMS AND NATURE.
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IRS990/ProgramServiceRevenueGrp/Desc0PICK YOUR OWN
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014430
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt084619
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt030661
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt049420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt069995
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0107671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt019794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0277541
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017309
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015889
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014430
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt084619
IRS990ScheduleA/InvestmentIncomeCYPct00.08980
IRS990ScheduleA/InvestmentIncomePYPct00.04740
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91020
IRS990ScheduleA/PublicSupportPY509Pct00.95260
IRS990ScheduleA/PublicSupportTotal509Amt0857645
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt054802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt077302
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0210013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0428413
IRS990ScheduleA/Total509Grp/TotalAmt0857645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt073357
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0942264
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0606999
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0147000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0753999
IRS990ScheduleD/EquipmentGrp/BookValueAmt052822
IRS990ScheduleD/EquipmentGrp/DepreciationAmt060437
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0113259
IRS990ScheduleD/LandGrp/BookValueAmt01474000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01474000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0468831
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MERRIL LYNCH
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02133821
IRS990ScheduleD/TotalBookValueSecuritiesAmt0468831
IRS990ScheduleD/TotalLiabilityAmt01250
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(CONTINUED FROM FROM 990, PAGE 1) EXPERIENCE AND INFORMATION ABOUT NATURE THROUGH INSPIRATIONAL, EDUCATIONAL PROGRAMS AND TO ENSURE FRESH PRODUCE FOR PEOPLE IN NEED BY GROWING AND DONATING FOOD. WE ACCOMPLISH THIS THROUGH OUR EDUCATIONAL NATURE PROGRAMS FOR THE PUBLIC AND OUTREACH TO SCOUTS AND OTHER GROUPS TO VOLUNTEER AND "PICK FOR THE PANTRY." IN 2015 FROM APRIL THROUGH MID-NOVEMBER THE PRESERVE OFFERED TEN NATURE PROGRAMS FOR FAMILIES, TWENTY-FIVE SPECIFICALLY DESIGNED PROGRAMS FOR BOTH BOY AND GIRLS SCOUT TROOPS TO ATTAIN THEIR BADGES, AND TEN ORGANIZED VOLUNTEER GROUPS TO PICK FOR THE PANTRY. APPROXIMATELY 750 PEOPLE ATTENDED THESE PROGRAMS THROUGHOUT 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS REVIEWED BY THE DIRECTOR THEN DISTRIBUTED AND MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO THE FORM BEING FILED. THERE IS AN OPPORTUNITY FOR QUESTIONS AND ANSWERS AND WHEN THE DRAFT IS APPROVED IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES ANNUAL CONFLICTS OF INTEREST STATEMENTS FROM ALL BOARD MEMBERS. THESE STATEMENTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY PAYROLL OR OTHER COMPENSATION FOR THE OFFICERS OR TOP MANAGEMENT. THE ORGANIZATION HAS NO KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS ARE ALWAYS AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE OR BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO AUDIT WAS REQUIRED OR PERFORMED FOR THE CURRENT YEAR. WHILE THERE IS NO SEPARATE COMMITTEE, THE ORGANIZATION'S BOARD ACTS AS A COMMITTEE THAT IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL ACTIVITY. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI - LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt02638337
IRS990/TotalAssetsGrp/BOYAmt02770967
IRS990/TotalAssetsGrp/EOYAmt02638337
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt010
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299440
IRS990/TotalFunctionalExpensesGrp/TotalAmt0337077
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt07490
IRS990/TotalLiabilitiesGrp/BOYAmt025391
IRS990/TotalLiabilitiesGrp/EOYAmt07490
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02745576
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IRS990/TotalProgramServiceRevenueAmt030661
IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0137924
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt024141
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt06240
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0108 HOFFMAN LANE
IRS990/USAddress/CityNm0GLEN GARDNER
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008826
IRS990/VotingMembersGoverningBodyCnt06

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