Civic Intelligence

Pitney Meadows Community Farm Inc

EIN 81-2724904 • 501(c)3 • Saratoga Springs, NY

Profile

To provide education of farming practices, sustainability principles, and access to fresh, healthy food for the community. Programs will be offered in gardening, composting, cooking, food preservation, and sustainability practices. Pitney meadows community farm aims to engage the community in ways that allow community members to see where their food comes from, and be a part of that process, while aiming to support healthy food choices.

223 West AvenueSaratoga Springs, NY 12866

www.pitneymeadowscommunityfarm.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.18x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

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

Revenue Growth

91st percentile

91%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$4,604,713

Up $437,213 (+10%) from 2023

Liabilities

Down

$276,572

Down $49,464 (-15%) from 2023

Net Assets

Up

$4,328,141

Up $486,677 (+13%) from 2023

Revenue

Up

$1,521,296

Up $722,914 (+91%) from 2023

Expenses

Up

$1,075,702

Up $273,576 (+34%) from 2023

Net Income

Up

$445,594

Up $449,338 (+12002%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2016: $1,693,694Liabilities 2016: $406,038Net Assets 2016: $1,287,6562016Assets 2017: $2,039,254Liabilities 2017: $222,934Net Assets 2017: $1,816,3202017Assets 2018: $2,411,649Liabilities 2018: $82,310Net Assets 2018: $2,329,3392018Assets 2019: $2,636,641Liabilities 2019: $118,478Net Assets 2019: $2,518,1632019Assets 2020: $3,124,059Liabilities 2020: $41,874Net Assets 2020: $3,082,1852020Assets 2021: $3,433,291Liabilities 2021: $98,415Net Assets 2021: $3,334,8762021Assets 2022: $3,890,622Liabilities 2022: $84,935Net Assets 2022: $3,805,6872022Assets 2023: $4,167,500Liabilities 2023: $326,036Net Assets 2023: $3,841,4642023Assets 2024: $4,604,713Liabilities 2024: $276,572Net Assets 2024: $4,328,1412024

Highlighted filing

2024

Assets$4,604,713
Liabilities$276,572
Net Assets$4,328,141

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $1,306,052Expenses 2016: $25,891Net Income 2016: $1,280,1612016Revenue 2017: $706,692Expenses 2017: $178,532Net Income 2017: $528,1602017Revenue 2018: $726,673Expenses 2018: $211,884Net Income 2018: $514,7892018Revenue 2019: $624,800Expenses 2019: $401,018Net Income 2019: $223,7822019Revenue 2020: $1,061,413Expenses 2020: $515,424Net Income 2020: $545,9892020Revenue 2021: $1,027,311Expenses 2021: $786,543Net Income 2021: $240,7682021Revenue 2022: $1,345,144Expenses 2022: $822,795Net Income 2022: $522,3492022Revenue 2023: $798,382Expenses 2023: $802,126Net Income 2023: -$3,7442023Revenue 2024: $1,521,296Expenses 2024: $1,075,702Net Income 2024: $445,5942024

Highlighted filing

2024

Revenue$1,521,296
Expenses$1,075,702
Net Income$445,594

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 27, 2025
Return Version
2024v5.0
Gross Receipts
$1,762,110
Mission and Program Overview

Mission

To provide education of farming practices, sustainability principles, and food knowledge to the community and to the general public. Programs will be offered in gardening, composting, cooking, baking, food preservation, and sustainability practices. Pitney meadows community farm aims to engage the community in ways that allow community members to see where their food omes from, and be a part of that process, while aiming to support healthy food choices.

Founded in 2016, pitney meadows community farm's mission is to celebrate and explore agricultural education, healthy food production, and recreation. Located on 166 acres in the heart of the city of saratoga springs and preserved in perpetuity as a working farm, pitney meadows is a unique resource.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,428,623$2,792,915▲ $1,364,292
Cash and Non-Interest-Bearing Accounts$178,199$639,494▲ $461,295
Savings and Temporary Cash Investments$654,687$592,932▼ $61,755
Investments in Publicly Traded Securities$271,952$516,223▲ $244,271
Pledges and Grants Receivable$130,751$18,906▼ $111,845
Prepaid Expenses and Deferred Charges$21,855$12,447▼ $9,408
Accounts Receivable$12$5,538▲ $5,526
Total Assets$4,167,500$4,604,713▲ $437,213
Other Assets Total$1,481,421$26,258▼ $1,455,163
Liabilities
Mortgage Notes Payable Secured by Investment Property$266,850$218,754▼ $48,096
Accounts Payable and Accrued Expenses$18,816$44,375▲ $25,559
Other Liabilities$14,295--
Deferred Revenue$26,075$13,443▼ $12,632
Total Liabilities$326,036$276,572▼ $49,464
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,275,230$3,289,676▲ $14,446
Net Assets With Donor Restrictions$566,234$1,038,465▲ $472,231
Total Net Assets Fund Balance$3,841,464$4,328,141▲ $486,677
Total Liabilities and Net Assets / Fund Balance$4,167,500$4,604,713▲ $437,213

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,351,282-$1,351,282
Leasehold Improvements$679,706$166,147$845,853
Buildings$625,852$180,174$806,026
Equipment$136,075$202,119$338,194
Other Land Buildings-$4,135$4,135
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brooke McconnellExecutive DiFT$112,774$112,774

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,278,872
Program Service Revenue
$29,448
Investment Income
$31,394
Other Revenue
$181,582
All Other Contributions
$1,067,994
Change in Net Assets
$445,594

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Cars and Other Vehicles1$35,000
Other Non Cash Contri Table1$20,443
Total Noncash Contributions2$55,443

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,521,296
Total Revenue per Audited Statements
$1,521,296
Total Revenue per Form 990
$1,521,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$617,889
Other Expenses$457,813
Total Fundraising Expense$3,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$341,753$80,506-$422,259
Depreciation Depletion$140,808--$140,808
Current Officers, Directors, Trustees, and Key Employees-$112,774-$112,774
Fees for Services Other$51,359$3,479$3,349$58,187
Other Employee Benefits$43,231--$43,231
Payroll Taxes$39,625--$39,625
All Other Expenses$26,633$12,026-$38,659
Fees for Services Accounting-$26,223-$26,223
Information Technology-$20,167-$20,167
Other Expenses$17,755$1,096-$17,755
Interest$17,309--$17,309
Insurance$3,141$12,523-$15,664
Travel$12,873--$12,873
Occupancy-$11,474-$11,474
Advertising$4,927--$4,927
Office Expenses-$4,172-$4,172
Fees for Service Investment Mgmnt Fees-$1,883-$1,883
Conferences and Meetings$328--$328
Total Functional Expenses$786,030$286,323$3,349$1,075,702

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,075,702
Total Expenses per Audited Statements$1,075,702
Total Expenses per Form 990$1,075,702
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$61,739
Fundraising Gross Income$43,811
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fire Feast$116,169$34,443$23,015$11,428
Michael Pitney$8,680$8,680$2,119$6,561
Total Events$124,849$43,123$57,348$-14,225
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
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, Page 6, Part VI, Line 11B

The form 990 is distributed to all board members via e-mail prior to filing. The form 990 is reviewed and approved by the executive committee.

Form 990, Page 6, Part VI, Line 12C

The organization regularly monitors and enforces compliance with its conflict of interest policy. Each director, officer, employee, and consultant is asked to complete a disclosure agreement and to disclose any known conflicts of interest upon hiring, election, re-election, appointment, or reappointment and annually thereafter.

Form 990, Page 6, Part VI, Line 15A

The audit committee is responsible for reviewing the policies and procedures in effect for executive compensation and benefits.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Pitney Meadows Community Farm Inc
EIN
81-2724904
Phone
5182900008
Address
223 WEST AVENUE, SARATOGA SPRINGS, NY 12866

Signing Officer

Name
Brooke Mcconnell
Title
Executive Director
Phone
5182900008
Signed
2025-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brooke Mcconnell
Formed
2016
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
23
Volunteers
300

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Amy M Pedrick
Phone
5187257127
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

More than a farm, pitney meadows is a community hub, fostering connections through food, land, and shared experiences. Our engagement programs provide hands-on learning and workforce development for young and old, beginning farmers, student environmental and agricultural interns. Our food sovereignty program feeds food-insecure individuals in our region. Pitney meadows is a regional leader in regenerative agriculture, engaging the public through hands-on learning, volunteerism, and innovative food system solutions. Our impact includes: -120,000 servings of nutrient-dense produce donated through a collaborative of 25 hunger relief organizations (nearly 50% of our total production) -120+ community garden beds available on a sliding scale, ensuring accessibility for individuals, families, and organizations. -9 off-site gardens throughout our county hosted by community-based organizations serving individuals facing food and housing insecurity. -11 acres of climate-smart food production, integrating csa participation, farm education, and volunteer opportunities. -30 acres under regenerative cover cropping, supporting biodiversity, carbon sequestration, and climate resilience research. -a farm stand featuring 25+ local farms and producers, strengthening regional food systems. -year-round community engagement programs, including hands-on environmental education, workforce training, and food sovereignty initiatives -publicly accessible land, including a network of accessible trails and gathering spacesfostering community connections.

Financial Statement Notes

Schedule D, Page 3, Part X

In accordance with generally accepted accounting principles, the farm accounts for uncertainty in income taxes by recognizing tax positions in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by tax authorities. As of december 31, 2024, the farm believes that it has appropriate support for the income tax positions taken on its tax returns and, therefore, believes that it has no uncertain tax positions that would have a material impact on the financial statements. As of december 31, 2024, the tax years that remain subject to examination by taxing authorities begin with 2021.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE FARM ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY RECOGNIZING TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF DECEMBER 31, 2024, THE FARM BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN ON ITS TAX RETURNS AND, THEREFORE, BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES BEGIN WITH 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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