Civic Intelligence

Sylvester Manor Educational Farm Inc

990 • Fiscal year 2018 • EIN 27-1189261

Nov 01, 2017 to Oct 31, 2018 • Filed on May 31, 2019

PO Box 2029Shelter Island, NY 11964

(631) 749-0626

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

44th percentile

0.18x

Higher debt load relative to revenue than 44% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

22nd percentile

-4.5%

Higher net margin than 22% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

33rd percentile

$130,299

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

42nd percentile

0.0%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2018

Revenue Growth

56th percentile

6.2%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2018

Assets

Up

$19,527,343

Up $21,577 (+0.1%) from 2015

Net Assets

Up

$19,275,595

Up $241,516 (+1.3%) from 2015

Liabilities

Down

$251,748

Down $219,939 (-47%) from 2015

Revenue

Up

$1,398,153

Up $229,766 (+20%) from 2015

Expenses

Down

$1,461,077

Down $40,418 (-2.7%) from 2015

Net Income

Up

-$62,924

Up $270,184 (+81%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $1,449Liabilities 2010: $1,015Net Assets 2010: $4342010Assets 2014: $19,626,303Liabilities 2014: $16,098Net Assets 2014: $19,610,2052014Assets 2015: $19,505,766Liabilities 2015: $471,687Net Assets 2015: $19,034,0792015Assets 2018: $19,527,343Liabilities 2018: $251,748Net Assets 2018: $19,275,5952018Assets 2019: $19,777,498Liabilities 2019: $99,174Net Assets 2019: $19,678,3242019Assets 2020: $21,906,938Liabilities 2020: $115,282Net Assets 2020: $21,791,6562020Assets 2021: $23,623,807Liabilities 2021: $122,451Net Assets 2021: $23,501,3562021Assets 2022: $24,084,845Liabilities 2022: $2,359,681Net Assets 2022: $21,725,1642022Assets 2023: $28,714,809Liabilities 2023: $4,560,480Net Assets 2023: $24,154,3292023Assets 2024: $29,543,389Liabilities 2024: $3,865,443Net Assets 2024: $25,677,9462024

Highlighted filing

2018

Assets$19,527,343
Liabilities$251,748
Net Assets$19,275,595

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $500Expenses 2010: $66Net Income 2010: $4342010Revenue 2014: $13,061,793Expenses 2014: $1,236,063Net Income 2014: $11,825,7302014Revenue 2015: $1,168,387Expenses 2015: $1,501,495Net Income 2015: -$333,1082015Revenue 2018: $1,398,153Expenses 2018: $1,461,077Net Income 2018: -$62,9242018Revenue 2019: $2,042,951Expenses 2019: $1,695,677Net Income 2019: $347,2742019Revenue 2020: $3,659,621Expenses 2020: $1,582,285Net Income 2020: $2,077,3362020Revenue 2021: $2,341,633Expenses 2021: $1,966,731Net Income 2021: $374,9022021Revenue 2022: $3,344,410Expenses 2022: $2,228,276Net Income 2022: $1,116,1342022Revenue 2023: $4,860,651Expenses 2023: $2,329,261Net Income 2023: $2,531,3902023Revenue 2024: $2,991,637Expenses 2024: $2,777,756Net Income 2024: $213,8812024

Highlighted filing

2018

Revenue$1,398,153
Expenses$1,461,077
Net Income-$62,924
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
May 31, 2019
Return Version
2017v2.2
Gross Receipts
$1,658,754
Mission and Program Overview

Mission

To cultivate, preserve, and share the lands, buildings, and stories, inviting new thought about the importance of food, culture and place in our daily lives.

To preserve, cultivate and share historic sylvester manor to ensure that food and art remain connected to community and the land.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,023,451$13,012,491▼ $10,960
Investments in Publicly Traded Securities$6,834,772$6,248,423▼ $586,349
Cash and Non-Interest-Bearing Accounts$377,291$230,717▼ $146,574
Accounts Receivable$7,857$21,455▲ $13,598
Inventories for Sale or Use$20,697$14,257▼ $6,440
Total Assets$20,264,068$19,527,343▼ $736,725
Liabilities
Other Liabilities$278,452$205,871▼ $72,581
Accounts Payable and Accrued Expenses$57,836$45,877▼ $11,959
Total Liabilities$336,288$251,748▼ $84,540
Net Assets / Fund Balance
Unrestricted Net Assets$12,602,691$12,071,194▼ $531,497
Temporarily Rstr Net Assets$6,875,089$6,754,401▼ $120,688
Permanently Rstr Net Assets$450,000$450,000→ $0
Total Net Assets Fund Balance$19,927,780$19,275,595▼ $652,185
Total Liabilities and Net Assets / Fund Balance$20,264,068$19,527,343▼ $736,725

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$825,886$188,136$1,014,022
Buildings$199,830$54,708$254,538
Equipment$107,679$142,275$249,954
Other Land Buildings$5,440$21,188$26,628
Land$11,873,656--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jo-ann Robotti-messingExecutive Director-$122,164$8,135$130,299
Stephen SearlExecutive DirectorFT$11,363-$11,363

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$495,872
Program Service Revenue
$281,691
Investment Income
$462,726
Other Revenue
$157,864
All Other Contributions
$308,272
Change in Net Assets
$-62,924

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,398,153
Total Revenue per Audited Statements
$1,398,153
Total Revenue per Form 990
$1,398,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$939,858
Other Expenses$521,219
Total Fundraising Expense$251,683
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$445,225$122,812$110,896$678,933
Current Officers, Directors, Trustees, and Key Employees$66,231$22,077$22,077$110,385
Fees for Services Other$39,914$51,012$11,100$102,026
Depreciation Depletion$92,387$6,954-$99,341
Other Employee Benefits$40,125$15,311$29,065$84,501
Payroll Taxes$42,792$12,122$11,125$66,039
All Other Expenses$32,840$10,510$18,872$62,222
Insurance$51,900$3,906-$55,806
Other Expenses$32,806$1,676$32,343$32,806
Occupancy$20,194$3,000-$23,194
Office Expenses-$21,262-$21,262
Advertising-$601$16,205$16,806
Travel$701$13,064-$13,765
Total Functional Expenses$925,087$284,307$251,683$1,461,077

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,461,077
Total Expenses per Audited Statements$1,461,077
Total Expenses per Form 990$1,461,077
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$294,838
Fundraising Direct Expenses$183,378
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Farm to Tabl$346,687$265,350$28,937$236,413
Windmill Coc$30,688$22,888-$22,888
Total Events$406,375$294,838$183,378$111,460
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Margin Loan Payable$205,871
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

A copy of the form 990 is reviewed by the board of directors before filing.

Conflict of interest policy compliance Part VI line 12C

Officers, directors and key employees are required to sign a written form documenting their understanding of sylvester manors conflict of interest policy.

CEO executive director top management comp Part VI line 15A

The executive directors salary is reviewed annually by the board of directors, and includes consideration of performance, as well as 990 and anecdotal information about senior staff salaries paid at other not-for-profit organizations on the east end of long island, and at organizations with similar missions and of similar size in the region.

Other officer or key employee compensation Part VI line 15B

The executive directors salary is reviewed annually by the board of directors, and includes consideration of performance, as well as 990 and anecdotal information about senior staff salaries paid at other not-for-profit organizations on the east end of long island, and at organizations with similar missions and of similar size in the region.

Governing documents etc available to public Part VI line 19

Governing documents, conflict of interest statements and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sylvester Manor Educational Farm Inc
EIN
27-1189261
Address
PO BOX 2029, SHELTER ISLAND, NY 11964

Signing Officer

Name
Stephen Searl
Title
Executive Direc
Phone
6317490626
Signed
2019-05-31
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
20
Employees
31
Volunteers
175

Preparer

Firm
Skinnon and Faber Cpas Pc
Address
3690 EXPRESSWAY DRIVE SOUTH, Islandia, NY 11749
Preparer
Frank J Faber CPA
Phone
6318511201
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990, part iii, line 4c - program service accomplishments (continued)residential apprentice farmer training program. It also collaborates and partners with other sustainable agricultural organizations including but not limited to the amagansett food institute, edible east end, edible school gardens, slow food east end and the peconic land trust. The remaining acreage in production is leased to acabonac farms for finishing grass-fed beef. Acabonac farms uses regenerative grazing techniques and other environmentally-conscious approaches to livestock management and soil conservation, helping the farm achieve important economic and biological goals for the farmland. Form 990, part iii, line 4a - program service accomplishments (continued)stony brook university, the pratt institute, the shelter island historical society, the shelter island public library, the nature conservancys mashomack preserve, the shelter island union free school district, and other public and private k-12 schools and post-secondary educational institutions to advance sustainability innovation across numerous disciplines.

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

No provisions have been made for income taxes in these financial statements. Sylvester manor is exempt from federal and state income taxes under internal revenue code section 501(c)(3). Although sylvester manor is subject to routine audits by taxing jurisdictions, there are currently no audits for any tax periods in progress. Income tax returns, once filed, are generally subject to examination for a three-year period. Tax years that are currently open for potential examination are for the years ended october 31, 2016 to 2018. The accompanying financial statements have been prepared in accordance with financial accounting standards board asc 740-10 (formerly known as fasb interpretation no. 48), which prescribes a comprehensive model for how sylvester manor should measure, recognize, present and disclose.

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IRS990/Desc0PRESERVATION - OVER 105 ACRES OF SYLVESTER MANORS LAND HAS BEEN CONSERVED. TO DATE, 22 ACRES ARE PERMANENTLY PRESERVED AS OPEN SPACE. DEVELOPMENT RIGHTS ON ANOTHER 83.5 ACRES HAVE BEEN PURCHASED BY SUFFOLK COUNTY AND THE TOWN OF SHELTER ISLAND FOR PRESERVATION AS AGRICULTURAL LAND. IN ADDITION TO LAND CONSERVATION, EFFORTS ARE JUST BEGINNING TO PRESERVE AND SUSTAIN THE PROPERTYS MANOR HOUSE, ITS HISTORIC GARDEN AND UNIQUE CULTURAL LANDSCAPE. EVERY YEAR SYLVESTER MANOR CURATES AND PRESENTS EXHIBITS IN THE MANOR HOUSE THAT INCORPORATE AND DISPLAY SYLVESTER MANORS EXTENSIVE HISTORIC COLLECTION. SYLVESTER MANOR ALSO HOSTS REGULAR TOURS OF THE MANOR HOUSE AND ACCOMPANYING EXHIBITS. SYLVESTER MANOR COLLABORATES WITH NEW YORK UNIVERSITY AND THE UNIVERSITY OF MASSACHUSETTS-BOSTON ON ONGOING ARCHIVING AND ARCHAEOLOGICAL EFFORTS RELATED TO SYLVESTER MANOR AND ITS HISTORY. SYLVESTER MANOR ALSO PARTNERS WITH OTHER ORGANIZATIONS AND INSTITUTIONS SUCH AS...SEE SCHEDULE O
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IRS990/ProgSrvcAccomActy2Grp/Desc0ARTS AND EDUCATION - SYLVESTER MANOR EDUCATES AND OFFERS THE PUBLIC CULTURAL EXPERIENCES IN VARIOUS WAYS INCLUDING SUMMER-LONG YOUTH PROGRAMS, OUTDOOR PERFORMANCES OF SHAKESPEARE AT THE MANOR, FARM-ORIENTED PROGRAMMING FOR CHILDREN AND ADULTS, CONTRA DANCES AND AN ANNUAL CONCERT SERIES FOCUSING ON THE TRADITIONS OF MUTLI-CULTURAL AMERICAN ROOTS MUSIC. SYLVESTER MANOR ALSO HOSTS NUMEROUS TOURS AND FIELD TRIPS FOR SCHOOLS, HISTORICAL SOCIETIES AND SPECIAL INTEREST GROUPS THAT EXPLORE ISSUES OF FARMING, SUSTAINABILITY AND RESILIENCE, LAND CONSERVATION, HISTORIC PRESERVATION, AND THE VAST HISTORY OF THE PROPERTY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0FARM - SYLVESTER MANOR HAS A DEEP AGRICULTURAL HISTORY DATING BACK THOUSANDS OF YEARS WHEN IT WAS UNDER CULTIVATION BY NATIVE AMERICANS AND THEN AS A PROVISIONING PLANTATION IN 1652 WHEN THE FIRST EUROPEAN SETTLERS ARRIVED. DEVELOPMENT AND OVER-POPULATION OF DEER WIPED OUT THE LAST ACTIVE SHELTER ISLAND FARM IN THE 1980S. SINCE 2009 SYLVESTER MANOR HAS BEEN WORKING TO RE-ESTABLISH AGRICULTURE AND NOW OVER 60 ACRES ARE IN AGRICULTURAL PRODUCTION. THE FARM CONSISTS OF A VEGETABLE OPERATION ON 4 ACRES USING ORGANIC METHODS THAT SERVES A COMMUNITY SUPPORTED AGRICULTURE PROGRAM FOR APPROXIMATELY 125 FAMILIES. SUBSCRIBERS PRE-PAY FOR VEGETABLE PRODUCE, VOLUNTEER ON THE FARM AND PICK-UP HARVESTED FOOD EVERY WEEK FROM JUNE THROUGH OCTOBER. SYLVESTER MANOR ALSO SELLS PRODUCE AT THE FARMSTAND AND THROUGH OTHER LOCAL MARKETS AND DONATES EXCESS TO COMMUNITY ORGANIZATIONS. SYLVESTER MANOR HOSTS AGRICULTURAL EDUCATION WORKSHOPS ON THE FARM, INCLUDING A ... SEE SCHEDULE O
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