Civic Intelligence

Pitney Meadows Community Farm Inc.

990 • Fiscal year 2016 • EIN 81-2724904

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 22, 2017

PO Box 176Saratoga Springs, NY 12866

(518) 290-0008

Siviq Scores

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

Liabilities / Assets

65th percentile

0.24x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.31x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$1,693,694

No earlier filing loaded for comparison.

Net Assets

$1,287,656

No earlier filing loaded for comparison.

Liabilities

$406,038

No earlier filing loaded for comparison.

Revenue

$1,306,052

No earlier filing loaded for comparison.

Expenses

$25,891

No earlier filing loaded for comparison.

Net Income

$1,280,161

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$1,693,694
Liabilities$406,038
Net Assets$1,287,656

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$1,306,052
Expenses$25,891
Net Income$1,280,161
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 22, 2017
Return Version
2016v3.0
Gross Receipts
$1,314,736
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$1,430,399-
Cash and Non-Interest-Bearing Accounts-$245,895-
Pledges and Grants Receivable-$13,475-
Investments in Publicly Traded Securities-$2,540-
Prepaid Expenses and Deferred Charges-$1,385-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$0$1,693,694▲ $1,693,694
Other Assets Total-$0-
Liabilities
Other Liabilities-$400,000-
Accounts Payable and Accrued Expenses-$6,038-
Total Liabilities$0$406,038▲ $406,038
Net Assets / Fund Balance
Unrestricted Net Assets-$1,178,951-
Temporarily Rstr Net Assets-$108,705-
Total Net Assets Fund Balance$0$1,287,656▲ $1,287,656
Total Liabilities and Net Assets / Fund Balance$0$1,693,694▲ $1,693,694

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,346,642-$1,346,642
Buildings$79,311$332$79,643
Equipment$4,446$54$4,500
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,293,343
Program Service Revenue
$0
Investment Income
$2,666
Other Revenue
$10,043
All Other Contributions
$1,293,343
Change in Net Assets
$1,280,161

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$720,000Appraisal
Securities Publicly Traded9$256,363Fair Market Value (FMV)
Total Noncash Contributions10$976,363-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,306,052
Revenue Not Reported on Form 990
$7,495
Total Revenue per Audited Statements
$1,313,547
Total Revenue per Form 990
$1,306,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,891
Total Fundraising Expense$855
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$6,000-$6,000
Fees for Services Legal$5,809--$5,809
Office Expenses$2,539--$2,539
Insurance$1,478$949-$2,427
Advertising$1,058--$1,058
Other Expenses$293-$563$563
Depreciation Depletion$386--$386
Fees for Services Accounting-$337-$337
All Other Expenses$31$262-$293
Travel-$110-$110
Occupancy$2--$2
Total Functional Expenses$17,378$7,658$855$25,891

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,891
Total Expenses per Audited Statements$25,891
Total Expenses per Form 990$25,891
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,727
Fundraising Direct Expenses$8,684
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Harvest for the Future$10,992$10,992$1,836$9,156
Engagement Event$6,075$6,075$3,565$2,510
Total Events$17,067$17,067$5,401$11,666
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Atc Loan$400,000
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 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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Sandra and paul arnold are married

Form 990, Part VI, Line 11B: Form 990 Review Process

990 will be reviewed by the Board prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Pitney Meadows Community Farm Inc
EIN
81-2724904
Phone
5182900008
Address
PO BOX 176, SARATOGA SPRINGS, NY 12866

Signing Officer

Name
Sandra Arnold
Title
President
Signed
2017-08-22
Discuss with paid preparer
Yes

Organization Details

Formed
2016
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Nolan Certified Public Accounting Svs PLLC
Address
184 EDIE RD STE B, Saratoga Springs, NY 12866
Preparer
Tara M Nolan CPA
Phone
5185871136
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization is exempt from Federal income taxes as an organization described in Section 501(c)(3) of the Internal Revenue Code. The Organization is a not-for-profit organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and is classified by the Internal Revenue Service as other than a private foundation. The Organization has evaluated any uncertain tax positions and related income tax contingencies and determined uncertain positions, if any, are not material to the financial statements. Penalties and interest assessed by income taxing authorities are included in operating expenses, if incurred.

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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01280161
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01347231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01347231
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01347231
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01347231
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01347231
IRS990ScheduleA/TotalSupportAmt01347231
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt079311
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0332
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt079643
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07495
IRS990ScheduleD/EquipmentGrp/BookValueAmt04446
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04500
IRS990ScheduleD/ExpensesSubtotalAmt025891
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01346642
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01346642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0400000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ATC LOAN
IRS990ScheduleD/RevenueNotReportedAmt07495
IRS990ScheduleD/RevenueSubtotalAmt01306052
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization is exempt from Federal income taxes as an organization described in Section 501(c)(3) of the Internal Revenue Code. The Organization is a not-for-profit organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and is classified by the Internal Revenue Service as other than a private foundation. The Organization has evaluated any uncertain tax positions and related income tax contingencies and determined uncertain positions, if any, are not material to the financial statements. Penalties and interest assessed by income taxing authorities are included in operating expenses, if incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01430399
IRS990ScheduleD/TotalExpensesPerForm990Amt025891
IRS990ScheduleD/TotalLiabilityAmt0400000
IRS990ScheduleD/TotalRevenuePerForm990Amt01306052
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01313547
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt025891
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05401
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HARVEST FOR THE FUTURE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ENGAGEMENT EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010992
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017067
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010992
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017067
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011666
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05401
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01836
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03565
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0NY
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0720000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt09
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0256363
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SANDRA AND PAUL ARNOLD ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 will be reviewed by the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0108705
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt01693694
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01693694
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01293343
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0855
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07658
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017378
IRS990/TotalFunctionalExpensesGrp/TotalAmt025891
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0406038
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0406038
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01287656
IRS990/TotalProgramServiceExpensesAmt017378
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02666
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01306052
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01693694

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