Borders Farm Incorporated
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Foster, RI
- Founding
- 10/2017
- Data as of
- 06/2023
- EIN
- 81-5066946
Organization Overview
Borders Farm Incorporated is located in Foster, RI. The organization was established in 2017. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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. Borders Farm Incorporated 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 06/2023, Borders Farm Incorporated generated $163.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $166.8k during the year ending 06/2023. While expenses have increased by 3.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FARMING AND PRESERVATION EDUCATION, RECREATION, CONSERVATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherisse Bandy Vice President | 5 | $0 | |
Thomas Bazelak Director | 10 | $0 | |
George Connors Director | 1 | $0 | |
George Dixon Director | 1 | $0 | |
Charles Thomas Goucher Jr Director | 2 | $0 | |
Helen Hardy Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,267 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,839 |
| Total Revenue | $163,106 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,390 |
| Professional fees and other payments to independent contractors | $3,875 |
| Occupancy, rent, utilities, and maintenance | $7,686 |
| Printing, publications, postage, and shipping | $163 |
| Other expenses | $111,647 |
| Total expenses | $166,761 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,458 |
| Other assets | $0 |
| Total assets | $5,765 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,765 |