Civic Intelligence

The Cheshire Project DBA Zeno Mountain Farm

EIN 37-1497662 • 501(c)3 • Bristol, VT

Profile

To provide an athletic, artistic and cultural retreat for persons with disabilities to the extent that such activity is within the meaning of and in accordance with the exempt purpose set forth in section 501(c)(3).

950 Zeno RoadBristol, VT 05443

zenomountainfarm.org

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.18x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

42nd percentile

$10,385

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

87th percentile

37%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,541,185

Up $964,328 (+37%) from 2023

Liabilities

Up

$279,238

Up $5,421 (+2.0%) from 2023

Net Assets

Up

$3,261,947

Up $958,907 (+42%) from 2023

Revenue

Up

$1,553,155

Up $118,812 (+8.3%) from 2023

Expenses

Down

$669,427

Down $24,709 (-3.6%) from 2023

Net Income

Up

$883,728

Up $143,521 (+19%) from 2023

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 2010: $330,621Liabilities 2010: $0Net Assets 2010: $330,6212010Assets 2011: $439,620Liabilities 2011: $0Net Assets 2011: $439,6202011Assets 2012: $652,296Liabilities 2012: $0Net Assets 2012: $652,2962012Assets 2013: $724,724Liabilities 2013: $0Net Assets 2013: $724,7242013Assets 2014: $759,386Liabilities 2014: $0Net Assets 2014: $759,3862014Assets 2015: $809,487Liabilities 2015: $0Net Assets 2015: $809,4872015Assets 2016: $858,513Liabilities 2016: $0Net Assets 2016: $858,5132016Assets 2017: $968,701Liabilities 2017: $0Net Assets 2017: $968,7012017Assets 2018: $1,178,978Liabilities 2018: $0Net Assets 2018: $1,178,9782018Assets 2019: $1,468,465Liabilities 2019: $154,240Net Assets 2019: $1,314,2252019Assets 2020: $1,690,559Liabilities 2020: $325,578Net Assets 2020: $1,364,9812020Assets 2021: $1,721,077Liabilities 2021: $274,548Net Assets 2021: $1,446,5292021Assets 2022: $1,838,523Liabilities 2022: $236,157Net Assets 2022: $1,602,3662022Assets 2023: $2,576,857Liabilities 2023: $273,817Net Assets 2023: $2,303,0402023Assets 2024: $3,541,185Liabilities 2024: $279,238Net Assets 2024: $3,261,9472024

Highlighted filing

2024

Assets$3,541,185
Liabilities$279,238
Net Assets$3,261,947

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $170,6312010Expenses 2011: $173,7992011Expenses 2012: $160,1252012Revenue 2013: $452,857Expenses 2013: $255,565Net Income 2013: $197,2922013Revenue 2014: $304,624Expenses 2014: $269,962Net Income 2014: $34,6622014Revenue 2015: $338,861Expenses 2015: $265,260Net Income 2015: $73,6012015Revenue 2016: $297,013Expenses 2016: $247,987Net Income 2016: $49,0262016Revenue 2017: $563,615Expenses 2017: $453,427Net Income 2017: $110,1882017Revenue 2018: $513,297Expenses 2018: $303,020Net Income 2018: $210,2772018Revenue 2019: $495,843Expenses 2019: $355,525Net Income 2019: $140,3182019Revenue 2020: $387,992Expenses 2020: $335,066Net Income 2020: $52,9262020Revenue 2021: $502,759Expenses 2021: $421,211Net Income 2021: $81,5482021Revenue 2022: $599,715Expenses 2022: $450,230Net Income 2022: $149,4852022Revenue 2023: $1,434,343Expenses 2023: $694,136Net Income 2023: $740,2072023Revenue 2024: $1,553,155Expenses 2024: $669,427Net Income 2024: $883,7282024

Highlighted filing

2024

Revenue$1,553,155
Expenses$669,427
Net Income$883,728

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.54$0.28$3.26$1.55$0.67$0.88
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.27$2.30$1.43$0.69$0.74
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.24$1.60$0.60$0.45$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.72$0.27$1.45$0.50$0.42$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.69$0.33$1.36$0.39$0.34$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.47$0.15$1.31$0.50$0.36$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.51$0.30$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.56$0.45$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.30$0.25$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.34$0.27$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.30$0.27$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.45$0.26$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$1,553,155
Mission and Program Overview

Mission

To provide an athletic, artistic and cultural retreat for persons with disabilities to the extent that such activity is within the meaning of and in accordance with the exempt purpose set forth in section 501(c)(3).

To provide an athletic, artistic and cultural retreat for persons with disabilities to the extent that such activity is within the meaning of and in accordance with the exempt purpose set forth in section 501(c)(3)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,348,371$2,295,329▲ $946,958
Cash and Non-Interest-Bearing Accounts$470,547$459,315▼ $11,232
Loans From Officers Directors$93,389$93,389→ $0
Accounts Receivable-$20,188-
Total Assets$2,576,857$3,541,185▲ $964,328
Other Assets Total$757,939$766,353▲ $8,414
Liabilities
Unsecured Notes Loans Payable$98,927$185,889▲ $86,962
Mortgage Notes Payable Secured by Investment Property$6,226--
Accounts Payable and Accrued Expenses$96$-40▼ $136
Total Liabilities$198,638$279,238▲ $80,600
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,378,219$3,261,947▲ $883,728
Total Net Assets Fund Balance$2,378,219$3,261,947▲ $883,728
Total Liabilities and Net Assets / Fund Balance$2,576,857$3,541,185▲ $964,328

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,236,688$515,378$2,752,066
Equipment$58,641$240,892$299,533
Other Assets Org$766,353--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter HalbyPresident and DirectorPT$10,385$10,385

Board Members and Trustees

NameTitle
Corby ReeseDirector
Jill CollinsDirector
Karina DeykoDirector
Lucy De KooningDirector
Lawrence Carter-longSecretary and Director
Vanessa HalbyTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,551,397
Program Service Revenue
$0
Investment Income
$1,758
Other Revenue
$0
All Other Contributions
$1,551,397
Change in Net Assets
$883,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$544,113
Total Fundraising Expense$186,675
Salaries, Compensation, and Employee Benefits$125,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$125,000--$125,000
Other Salaries and Wages$96,190$10,000$10,000$116,190
Other Expenses$27,700-$105,925$105,925
Occupancy$80,810--$80,810
Fees for Services Management-$1,500$70,000$71,500
Office Expenses$18,465--$18,465
Insurance$10,967--$10,967
Pension Plan Contributions$7,624$750$750$9,124
Interest$8,424--$8,424
Fees for Services Accounting-$6,000-$6,000
Fees for Services Legal-$296-$296
Total Functional Expenses$464,206$18,546$186,675$669,427
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$93,389$93,389→ $0
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 governing body review Part VI line 11

A full copy of the 990 is submitted to the board prior to filing. Once reviewed and approved, the preparer is notified that submission is authorized.

Conflict of interest policy compliance Part VI line 12C

Board members annually review the conflict of interest policy and complete the conflict of interest procedures, verifying that no conflicts of interest exist

Form 990 availability to public Part VI line 18

UPON BOARD CONSIDERATION

Governing documents etc available to public Part VI line 19

Governing documents are available to the general public upon written request

Filing and Contact Details

Filer

Filer Name
The Cheshire Project
EIN
37-1497662
In Care Of
% PETER HALBY
Phone
3102667227
Address
950 ZENO ROAD, BRISTOL, VT 05443
Doing Business As
Zeno Mountain Farm

Signing Officer

Name
Peter Halby
Title
President and Director
Phone
3102667227
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Vt
Voting Board Members
3
Independent Board Members
1
Employees
5

Preparer

Firm
Rick Bornstein CPA
Address
52 Edwin Place, Asheville, NC 28801
Preparer
Rick Bornstein CPA
Phone
5056997843
Supplemental Narrative

Additional Explanations

Amended return information

Original filing inadvertently omitted schedule b information. That information is now added

Explanation of other changes in net assets or fund balances Part XI line 9

Adjustment of prior year balances

Part XI response or note to any line in Part XI

ADJUST OPENING BALANCE

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0515378
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IRS990ScheduleD/EquipmentGrp/BookValueAmt058641
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0240892
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0299533
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0766353
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FILM COSTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02295329
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WILL HALBY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORIGINAL FILING INADVERTENTLY OMITTED SCHEDULE B INFORMATION. THAT INFORMATION IS NOW ADDED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A FULL COPY OF THE 990 IS SUBMITTED TO THE BOARD PRIOR TO FILING. ONCE REVIEWED AND APPROVED, THE PREPARER IS NOTIFIED THAT SUBMISSION IS AUTHORIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE THE CONFLICT OF INTEREST PROCEDURES, VERIFYING THAT NO CONFLICTS OF INTEREST EXIST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON BOARD CONSIDERATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADJUSTMENT OF PRIOR YEAR BALANCES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADJUST OPENING BALANCE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part XI response or note to any line in Part XI
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0464206
IRS990/TotalFunctionalExpensesGrp/TotalAmt0669427
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IRS990/TotalLiabilitiesGrp/EOYAmt0279238
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01553155
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0ZENOMOUNTAINFARM.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER HALBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03102667227
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CHESHIRE PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0CHES
ReturnHeader/Filer/EIN0371497662
ReturnHeader/Filer/InCareOfNm0% PETER HALBY
ReturnHeader/Filer/PhoneNum03102667227
ReturnHeader/Filer/USAddress/AddressLine1Txt0950 ZENO ROAD
ReturnHeader/Filer/USAddress/CityNm0BRISTOL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005443
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0884265459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rick Bornstein CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt052 Edwin Place
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Asheville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028801
ReturnHeader/PreparerPersonGrp/PhoneNum05056997843
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICK BORNSTEIN CPA
ReturnHeader/ReturnTs02025-05-05T11:51:25-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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