Clemmons Family Farm
- Assets
- $2.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 3
- Location
- Charlotte, VT
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-2314023
Organization Overview
Clemmons Family Farm is located in Charlotte, VT. The organization was established in 2019. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Clemmons Family Farm employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clemmons Family 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 12/2023, Clemmons Family Farm generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $697.8k during the year ending 12/2023. While expenses have increased by 23.9% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE HONOR THE LEGACY OF JACKSON AND LYDIA CLEMMONS, AND ARE CENTERED AT AND STEWARD THEIR FAMILY FARM IN CHARLOTTE-- ONE OF THE RARE AFRICAN AMERICAN OWNED FARMS IN VERMONT. THE 148-ACRE WORKING FARM INCLUDES PRIME AGRICULTURAL LAND OF STATE IMPORTANCE, 60 ACRES OF OPEN SPACE, 60 ACRES OF FOREST AND WOODLANDS, AND 6 HISTORIC BUILDINGS. IT IS ONE OF THE 0.4% OF FARMS IN THE US THAT REMAIN AFRICAN AMERICAN OWNED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON FARM PROGRAMMING AND EVENTS THAT UPHOLD THE ORGANIZATION MISSION TO PRESERVE AND MAINTAIN THE HISTORIC FARM, EMPOWER A NETWORK OF VERMONT'S ARTISTS WITH EXPERTISE IN AFRICAN DIASPORA ARTS AND CULTURE.
TRIPLE-NET LEASE AND STEWARDSHIP PROGRAMS AND SERVICES. THE TRIPLE NET LEASE SUPPORTS THE PRESERVATION AND STEWARDSHIP OF THE CLEMMONS FARM AND ITS USE BY ARTISTS, COMMUNITY MEMBERS, OTHER NONPROFIT ORGANIZATIONS, AND K-12 SCHOOLS DURING SCHEDULED ARTS AND CULTURE PROGRAMS AND EVENTS.
HEALTH AND WELLNESS ARTS PROGRAMS. THIS WORK INCLUDED THE BENEATH OUR SKIN COVID 19 VACCINATION STORYTELLING PROJECT FUNDED BY VERMONT DEPARTMENT OF HEALTH, AND THE BLACK & BLISS WELLNESS ARTS PROJECT FUNDED BY BEHAVIORAL HEALTH NETWORK OF VERMONT DBA VERMONT CARE NETWORK. FUNDS ARE MAINLY USED TO PAY ARTIST FEES, CONSULTANT FEES, PROGRAM MANAGEMENT FEES AND STIPENDS FOR STORYTELLING PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lydia Clemmons President & Executive Dire | OfficerTrustee | 60 | $140,000 |
Margaret Bass Director | Trustee | 1 | $0 |
Leslie Mccrorey Wells Director | Trustee | 1 | $0 |
Donna Sherard Director | Trustee | 1 | $0 |
Kay Johnson Director & Treasurer | OfficerTrustee | 8 | $0 |
James Bentil Director & Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,317 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,763,569 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,882,886 |
| Total Program Service Revenue | $35,386 |
| Investment income | $207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,070 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,934,049 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $140,000 |
| Compensation of current officers, directors, key employees. | $51,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,001 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,477 |
| Payroll taxes | $19,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,677 |
| Fees for services: Accounting | $37,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,289 |
| Advertising and promotion | $2,523 |
| Office expenses | $664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,076 |
| Travel | $11,127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,410 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,107 |
| Insurance | $18,149 |
| All other expenses | $3,502 |
| Total functional expenses | $697,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,956 |
| Savings and temporary cash investments | $350,878 |
| Pledges and grants receivable | $37,450 |
| 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 | $6,166 |
| Net Land, buildings, and equipment | $1,617,764 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,017,214 |
| Accounts payable and accrued expenses | $8,338 |
| 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 | $180,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $516 |
| Total liabilities | $188,854 |
| Net assets without donor restrictions | $232,329 |
| Net assets with donor restrictions | $1,596,031 |
| 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 | $2,017,214 |