Ramblin Vewe Farm Tr
- Assets
- $1.8m
- Revenue
- $217.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Laconia, NH
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-7110109
Organization Overview
Ramblin Vewe Farm Tr, operating under the name Care of Bank of NH Trust Department, is located in Laconia, NH. The organization was established in 2007. According to its NTEE Classification (K25) the organization is classified as: Farmland Preservation, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care of Bank of NH Trust Department 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, Care of Bank of NH Trust Department generated $217.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $148.7k during the year ending 12/2021. While expenses have increased by 2.9% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
INITIATING ACTIVITIES, PROGRAMS, ETC. TO PROMOTE THE EDUCATIONAL MISSION AND LAND MANAGEMENT/STEWARDSHIP FUNCTIONS OF NEW ENGLAND FORESTRY FOUNDATION NEFF. THE SHEEP FARM SERVES AS AN EDUCATIONAL RESOURCE BY USING ENVIRONMENTALLY, ECONOMICALLY AND CULTURALLY SUSTAINABLE LAND USE PRACTICES. SHEEP FARM OPERATIONS INCLUDING DEVELOPING BREED STOCK, PRIMARILY TARGHEE SHEEP SELF-GROWN HAY USED TO FEED FLOCK AND SOLD AS SUPPLEMENTARY AGRICULTURAL PRODUCT SELLING LAMB MEAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra T Mcgonagle Independent Trustee And 1st VP | OfficerTrustee | 1 | $0 |
Weldon Bosworth Independent Trustee And Treasurer | OfficerTrustee | 1 | $0 |
Rae Mello-Andrews Independent Trustee And Secretary | OfficerTrustee | 1 | $0 |
Stephen Carrier Family Trustee/president | OfficerTrustee | 1 | $0 |
William H Seed Independent Trustee | Trustee | 1 | $0 |
Richard Andrews Family Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $896 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,590 |
| Total Program Service Revenue | $24,946 |
| Investment income | $26,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,400 |
| Net Gain/Loss on Asset Sales | $138,671 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $217,895 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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 | $56,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,687 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,714 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $6,976 |
| Insurance | $14,153 |
| All other expenses | $0 |
| Total functional expenses | $148,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,030 |
| Savings and temporary cash investments | $124,836 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $474,346 |
| Investments—publicly traded securities | $1,197,538 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,799,750 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $650 |
| Total liabilities | $650 |
| Net assets without donor restrictions | $492,607 |
| Net assets with donor restrictions | $1,306,493 |
| 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 | $1,799,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ramblin Vewe Farm Tr has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: for general support | $10,000 |
Endowment Analysis
| Beg. Balance | $1,242,380 |
| Earnings | $75,933 |
| Admin Expense | $4,844 |
| Other Expense | $6,976 |
| Ending Balance | $1,306,493 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Farmland Trust Inc Belfast, ME | $27,747,175 | $4,930,457 |
Community Involved In Sustaining Agriculture Inc South Deerfield, MA | $2,639,195 | $1,830,925 |
Grow Food Northampton Inc Florence, MA | $1,237,704 | $748,534 |
Agrarian Land Trust Weare, NH | $3,433,312 | $2,915,590 |
Lexington Community Farm Coalition Inc Lexington, MA | $377,625 | $608,889 |
Upper Saco Valley Land Trust Conway, NH | $6,345,238 | $1,759,779 |
Brookwood Community Farm Inc Canton, MA | $464,448 | $440,626 |
Newton Community Farm Inc Newton, MA | $644,347 | $367,259 |
Ramblin Vewe Farm Tr Laconia, NH | $1,799,750 | $217,895 |
Wellfleet Shellfishermens Association Wellfleet, MA | $11,884 | $0 |
Law-Reed-Huss Farm Foundation Wayland, MA | $883,935 | $42,150 |
Historic Oneil Farm Inc Duxbury, MA | $3,111,410 | $92,277 |