Retreat Farm
- Assets
- $8.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 56
- Location
- Brattleboro, VT
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-5042006
Organization Overview
Retreat Farm is located in Brattleboro, VT. The organization was established in 2016. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Retreat Farm employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retreat Farm 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, Retreat Farm generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. 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
RETREAT FARM SEEKS TO FOSTER A JUST, HEALTHY, AND SUSTAINABLE COMMUNITY IN SOUTHERN VERMONT. WE UTILIZE OUR UNIQUE PROPERTY, PROGRAMS, AND PARTNERSHIPS TO CONNECT PEOPLE TO THE LAND AND TO ONE ANOTHER, RECOGNIZING THAT THE RELATIONSHIP BETWEEN HUMANS AND THE LAND IS THE FOUNDATION OF OUR HEALTH, SUSTENANCE, AND INSPIRATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICES - RETREAT FARM COMPRISES A VAST, RESOURCE-RICH, ACCESSIBLE, AND FREE PUBLIC COMMON THAT SERVED OVER 80,000 PEOPLE IN 2021. FORMAL PUBLIC ENGAGEMENT LARGELY CURTAILED DURING THE HEIGHT OF THE PANDEMIC, RETURNED THIS YEAR AND WE SERVED THE COMMUNITY AS A VIBRANT VENUE - HOSTING SUMMER CAMPS, EDUCATION PROGRAMS, AND COMMUNITY GATHERINGS AND PROVIDING OVER 90 GUIDED TOURS OF THE PROPERTY. RETREAT FARM ALSO SERVED AS A FISCAL SPONSOR FOR SUSU COMMUNITY FARM AND THE ATOWI PROJECT.
FOOD, FAMILY, AND EDUCATION - WE EXPANDED OUR PROGRAMMING TO FIGHT FOOD INSECURITY AND IMPROVE THE LOCAL FOOD SYSTEM IN 2021. WE LAUNCHED A PAY WHAT YOU CAN FARMSTAND AND FREE CSA, GROWING 60+ VARIETIES OF VEGETABLES TOTALING OVER 11,000 POUNDS AND SERVING 713 FAMILIES. WE ALSO RECEIVED A CONGRESSIONAL AWARD OF $3M TO ESTABLISH A REGIONAL FOOD CENTER AT THE FARM.
RESTORATION AND CONSERVATION - WE TRANSFERRED OVER 100 OF THE 650 ACRES WE STEWARD TO A CONSERVATION MANAGEMENT PLAN TO SUPPORT A HEALTHY FOREST ECOSYSTEM AND PROVIDE RECREATIONAL RESOURCES TO THE COMMUNITY. WE EXPANDED OUR PARTNERSHIP WITH EDIBLE BRATTLEBORO, PROVIDING A LONG-TERM HOME FOR THEIR COMMUNITY GREENHOUSE. WE LAUNCHED AN EXTENSIVE VOLUNTEER PROGRAM AND HOSTED THE FIRST COMMUNITY TRAIL DAY TO SUPPORT THE MAINTENANCE OF THE TRAILS AND MANAGE INVASIVE VEGETATION AND COMPLETED MAPPING OF CULTURAL INTERPRETIVE POINTS ON THE HOGLE TRAIL WITH A GRANT FROM THE NATIONAL PARKS SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Schmidt President | OfficerTrustee | 40 | $0 |
Daniel Dempsey Vice President | OfficerTrustee | 1 | $0 |
Mike Sands Treasurer | OfficerTrustee | 1 | $0 |
Greg Watson Director | Officer | 1 | $0 |
Stephanie Bonin Director | Trustee | 1 | $0 |
William Ransom Secretary | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Banwell Architects Architects | 6/29/16 | $130,228 |
Stevens & Associated Pc Architects | 6/29/16 | $125,911 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $140,305 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,931,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,071,896 |
| Total Program Service Revenue | $1,088 |
| Investment income | $1,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $135,748 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $165,711 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,789 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,402,767 |
| 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 | $1,198,302 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,532 |
| Payroll taxes | $94,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,982 |
| Advertising and promotion | $0 |
| Office expenses | $51,360 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $165,115 |
| Travel | $24,265 |
| 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 | $125,564 |
| Insurance | $400 |
| All other expenses | $0 |
| Total functional expenses | $2,205,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $708,720 |
| Savings and temporary cash investments | $1,768,709 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,082 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,003 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,621,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,053,742 |
| Total assets | $8,221,926 |
| Accounts payable and accrued expenses | $102,341 |
| 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 | $750,000 |
| Total liabilities | $852,341 |
| Net assets without donor restrictions | $5,587,914 |
| Net assets with donor restrictions | $1,781,671 |
| 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 | $8,221,926 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Retreat Farm has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Mckenzie Fam Charitable Tr Putney, VT PURPOSE: PROGRAM SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegany County Community Opportunities And Rural Developmen Belmont, NY | $2,583,412 | $6,739,671 |
La Peninsula Community Organization Inc Bronx, NY | $2,816,738 | $5,481,479 |
Center On Rural Innovation Inc Hartland, VT | $3,965,475 | $1,904,173 |
Retreat Farm Brattleboro, VT | $8,221,926 | $3,402,767 |
Western Catskills Community Revitalization Council Inc Stamford, NY | $944,018 | $1,125,761 |
Vermont Council On Rural Development Inc Montpelier, VT | $695,971 | $938,553 |
Clayton Improvement Associaton Ltd Clayton, NY | $3,493,808 | $787,100 |
Chautauqua County Rural Ministries Inc Dunkirk, NY | $331,824 | $875,611 |
Hudson Valley Agri-Business Development Corporation Hudson, NY | $1,111,610 | $813,133 |
Orange County Rural Development Walden, NY | $481,908 | $628,274 |
Community Capital Of Vermont Inc Barre, VT | $4,295,904 | $363,623 |
Central Massachusetts Center For Business And Enterprise Inc Whitinsville, MA | $1,308,572 | $506,528 |