Farm Team Inc
- Assets
- $193.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-5617959
Organization Overview
Farm Team Inc is located in Lawrenceville, NJ. The organization was established in 2014. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, 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. Farm Team 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 12/2023, Farm Team Inc generated $125.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $52.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO FACILITATE THE PROGRESS OF YOUNG ADULTS IN ADDICTION RECOVERY BY PROVIDING A UNIQUE COMBINATION OF FOCUSED MENTORING AND LIFE SKILLS WITH THE GOAL OF HELPING THEM ENTER A CAREER WITHIN AN ESTABLISHED ORGANIZATION. THE ORGANIZATION PROVIDES GRANTS TO COVER EXPENSES TO ASSIST THE INDIVIDUALS ACCLIMATE INTO THE WORKING WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Degregorio Board Member | 1 | $0 | |
Erin Barry Board Member | 1 | $0 | |
Abby Boyle Board Member | 1 | $0 | |
Dana Kirlan Board Member | 1 | $0 | |
Mike Wilson Board Member | 1 | $0 | |
Mike Egan Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,570 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $52,485 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,624 |
| Other assets | $0 |
| Total assets | $193,478 |
| Total liabilities | $0 |
| Net assets or fund balances | $193,478 |