FAIRGROUNDS COMMUNITY REDEVELOPMENT PROJECT INCORPORATED

EIN: 611692162 501(c)(3) Education

SHEFFIELD, MA

Total Revenue
$1,500
Total Expenses
$3,391
Total Assets
$734,493
Net Assets
$33,245
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
BART ELSBACH
Phone
4136452008
Tax Period
2024-01-01 to 2024-12-31

FAIRGROUNDS COMMUNITY REDEVELOPMENT PROJECT INCORPORATED, founded in 2012, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $3K exceeded revenue, resulting in a 126% operating deficit.

Mission

THE ORGANIZATION PROVIDE EDUCATIONAL, CHARITABLE AND RECREATIONAL SERVICES TO SPECIFIC GROUPS AND THE GENERAL PUBLIC ON A HISTORICALLY SIGNIFICANT SITE IN GREAT BARRINGTON MASS. SUCH SERVICES AND ACTIVITIES INCLUDE: OPEN SPACE AND RECREATION AREAS AND A CANOE LAUNCH PARK, SPACE INCLUDING TRAILS AND INDIGENOUS PLANTINGS, OPPORTUNITIES FOR SCIENTIFIC STUDY AND ON SITE SCHOOL GROUP VISITS, INTERNSHIPS AND EDUCATIONAL FORUMS AND ONGOING EXHIBITS AND LECTURES ON HISTORIC, CULTURAL, AGRICULTURAL, SCIENTIFIC, BOTANICAL AND OTHER THEMES. PROVIDING LAND,EXPERTISE AND INFRASTRUCTURE FOR SMALL SCALE FARMING AND AGRICULTURAL ACTIVITIES INCLUDING FARMERS' MARKETS, INTERNSHIPS AND OTHER EDUCATIONAL OPPORTUNITIES AS WELL AS GROWING PRODUCE FOR INDIVIDUALS AND ORGANIZATIONS INCLUDING SCHOOLS. RIVER CLEAN UP ACTIVITIES. ENGAGING WITH OTHER NON PROFIT GROUPS IN BENEFICIAL PARTNERSHIPS. THE ORGANIZATION WILL MAINTAIN THE SITE AND ENSURE ITS USE IS IN ACCORDANCE WITH OUR MISSION STATEMENT TO PRESERVE THE

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,948
Other Expenses $3,391
TOTAL EXPENSES $3,391

Year-over-Year Comparison

2024 2023 Change
Revenue $1,500 $2,493 -0.4%
Expenses $3,391 $9,526 -0.6%
Net Income $-1,891 $-7,033 -0.7%
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

Financial Distress Indicator

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
5
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BART ELSBACH PRESIDENT & DIRECTOR 15.00
Officer Director
$0 $0 $0
JANET ELSBACH VICE PRESIDENT AND TREASUR 5.00
Officer Director
$0 $0 $0
NOELLE LAMUNIERE DIRECTOR 1.00
Director
$0 $0 $0
PAUL ZUYDHOEK DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH LEVINSON DIRECTOR 1.00
Director
$0 $0 $0
NOELLE LAMUNIERE CLERK 1.00
Officer
$0 $0 $0
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
2024 $1,500 $3,391 $734,493 $-1,891
2023 $2,493 $9,526 $736,384 $-7,033
2022 $14,829 $24,680 $743,417 $-9,851
2021 $23,815 $6,950 $753,268 $16,865
2020 $4,511 $9,499 $736,403 $-4,988
2019 $12,468 $23,821 $742,498 $-11,353
2018 $76,801 $33,888 $753,851 $42,913
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