Holcomb Farm Inc
- Assets
- $475.2k
- Revenue
- $406.7k
- Investments
- $0.0
- Employees
- 16
- Location
- West Granby, CT
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 06-1384197
Organization Overview
Holcomb Farm Inc is located in West Granby, CT. The organization was established in 1994. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, Holcomb Farm Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holcomb Farm Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Holcomb Farm Inc generated $406.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $450.1k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, PROMOTE, AND UTILIZE AN HISTORIC NEW ENGLAND FARM FOR FOOD PRODUCTION, EDUCATION, AND RESPONSIBLE COMMUNITY USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLCOMB FARM'S COMMUNITY SUPPORTED AGRICULTURE PROGRAM ENCOURAGES HEALTHY LIVING TO THE PUBLIC THROUGH THE PRACTICE AND PROMOTION OF THE SUSTAINABLE PRODUCTION OF FRESH PRODUCE FOR FAMILIES IN THE GREATER HARTFORD AREA, EDUCATING THE PUBLIC THROUGH THE USE OF AN HISTORIC NEW ENGLAND FARM. EVERY YEAR THE FRESH ACCESS PROGRAM PROVIDES OVER FIVE TONS OF FRESH PRODUCE TO OVER 1300 PEOPLE WITH LIMITED ACCESS AND DIETARY NEEDS.
HOLCOMB FARM'S PROPERTY PRESERVATION PROGRAM RAISES FUNDING FOR CAPITAL IMPROVEMENTS TO THE PROPERTY IN SUPPORT OF THE MISSION AND THE ONGOING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bystrowski President | OfficerTrustee | $0 | |
Jenny Emery Exeutive Dir | OfficerTrustee | $0 | |
Jack Lareau Vice Preside | OfficerTrustee | $0 | |
Amy Eisler Director | Trustee | $0 | |
Sue Canavan Director | Trustee | $0 | |
Brittany Gauthier Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,561 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,561 |
| Total Program Service Revenue | $299,930 |
| Investment income | $55 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,050 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,056 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,652 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,129 |
| Payroll taxes | $14,959 |
| Fees for services: Management | $2,955 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,509 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,825 |
| Office expenses | $28,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,166 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,868 |
| Insurance | $15,422 |
| All other expenses | $0 |
| Total functional expenses | $450,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,716 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,921 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,697 |
| Net Land, buildings, and equipment | $139,978 |
| Investments—publicly traded securities | $49,883 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $475,195 |
| Accounts payable and accrued expenses | $16,121 |
| Grants payable | $0 |
| Deferred revenue | $162,183 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,434 |
| Total liabilities | $180,738 |
| Net assets without donor restrictions | $270,331 |
| Net assets with donor restrictions | $24,126 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $475,195 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holcomb Farm Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Northwest Community Bank Foundation Inc Winstead, CT PURPOSE: FRESH FOOD ACCESS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Environmental Grantmakers Association New York, NY | $3,826,328 | $3,211,858 |
The Stringer Foundation New York, NY | $22,298,258 | $2,265,089 |
North Shore Innoventures Inc Beverly, MA | $2,743,433 | $2,186,020 |
Greater Bridgeport Communityenterprises Inc - Gbce Bridgeport, CT | $1,377,819 | $1,204,544 |
Museum At Eldridge Street New York, NY | $3,528,526 | $1,744,110 |
New Economy Coalition Inc Cambridge, MA | $1,630,247 | $2,011,256 |
Alliance To Protect Nantucket Sound Inc Hyannis, MA | $1,586,755 | $1,119,261 |
Energy For Common Good Inc Concord, MA | $153,854 | $1,003,500 |
Blue Mountain Center Blue Mountain Lake, NY | $22,198,352 | $2,163,643 |
North American Passive House Network Inc New York, NY | $37,915 | $662,900 |
Brooklyn Greenway Initative Brooklyn, NY | $362,698 | $657,211 |
Sailors Snug Harbor Of Boston Boston, MA | $9,691,854 | $663,582 |