NEW HAVEN FARMS INC

EIN: 451794893 501(c)(3)

NEW HAVEN, CT

Total Revenue
$337,777
Total Expenses
$348,274
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CT
Principal Officer
JAMES FARNAM
Phone
2039976152
Tax Period
2019-01-01 to 2019-12-31

NEW HAVEN FARMS INC, founded in 2010, is a small nonprofit that reported $338K in total revenue in fiscal year 2019. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

NEW HAVEN FARMS PROMOTES HEALTH AND COMMUNITY DEVELOPMENT THROUGH URBAN AGRICULTURE BY 1) ENGAGING AT-RISK RESIDENTS IN HEALTH-STATUS BEHAVIOR CHANCE INTERVENTIONS INCLUDING PARTICIPATION IN GROWING FOOD, COOKING AND NUTRITION EDUCATION, AND PROVIDING HEALTHY FOOD; 2) CULTIVATING LONG-TERM PATHWAYS FOR FOOD ACCESS AND WELLNESS THROUGH COMMUNITY-BASED LEADERSHIP AND PARTNERSHIPS; AND 3) TRANSFORMING VACANT URBAN SPACES INTO SMALL ORGANIC FARMS IN NEW HAVEN'S POOREST NEIGHBORHOODS TO PRODUCE HEALTHY SPACES THAT OFFER A SURPLUS OF NATURAL, HEALTHY FOOD OPTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $283,065
Program Service Revenue $47,066
Investment Income $841
Other Revenue $6,805
TOTAL REVENUE $337,777

Expense Breakdown

Grants Paid $5,741
Salaries & Benefits $242,945
Fundraising Expenses $45,333
Program Expenses $213,619
Other Expenses $99,588
TOTAL EXPENSES $348,274

Year-over-Year Comparison

2019 2018 Change
Revenue $337,777 $298,463 +0.1%
Expenses $348,274 $380,430 -0.1%
Net Income $-10,497 $-81,967 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$71,654
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL DENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
JIM FARNAM CHAIR 1.00
Officer Director
$0 $0 $0
JOHN HORVACK JR BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES NEGARO BOARD MEMBER 1.00
Director
$0 $0 $0
ANN WILEY BOARD MEMBER 1.00
Director
$0 $0 $0
DOSS VENEMA BOARD MEMBER 1.00
Director
$0 $0 $0
LISA SANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MAGENHEIMER VICE CHAIR 1.00
Officer Director
$0 $0 $0
ANGELA OREN SECRETARY 1.00
Officer Director
$0 $0 $0
ASTRA ROGERS TREASURER 1.00
Officer Director
$0 $0 $0
TODD ROFUTH BOARD MEMBER 1.00
Director
$0 $0 $0
DAN WIECEK BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUELINE MAISONPIERRE EXECUTIVE DIRECTOR 40.00
Officer
$71,654 $0 $71,654
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $337,777 $348,274 No data $-10,497
2018 $298,463 $380,430 $105,902 $-81,967
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