Weston, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF LACHAT INC, founded in 2012, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $497K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $555K exceeded revenue, resulting in a 12% operating deficit.
The mission of Friends of Lachat, Inc. is to restore, maintain and improve the farmhouse, grounds and other facilities at Lachat Town Farm, a municipal property located in the town of Weston, CT. The organization offers programs that facilitate education and enjoyment of the Lachat Town Farm by the communities of Weston, CT and surrounding towns.
Offutt Education Center: The organization completed construction and furnishing of the Offutt Educational Center. The new center replaces the former garage and enables year round educational...
Offutt Education Center: The organization completed construction and furnishing of the Offutt Educational Center. The new center replaces the former garage and enables year round educational programming including the addition of a demonstration kitchen and art studio for classes.
Children's Educational Programming: the youth program ran throughout the year for the winter, spring, summer and fall. Each season and week had different themes for the children to learn more about...
Children's Educational Programming: the youth program ran throughout the year for the winter, spring, summer and fall. Each season and week had different themes for the children to learn more about nature, farming, and creative arts and crafts. Over 300 children participated in this year's programs.
Facility Improvements and Maintenance: the organization continues to make meaningful expenditures to maintain and improve the Lachat Town farm including landscaping, facility maintenance and...
Facility Improvements and Maintenance: the organization continues to make meaningful expenditures to maintain and improve the Lachat Town farm including landscaping, facility maintenance and upgrades, paying for utilities and animal care expenses for the goats and rabbits. This year's expenditures included a new hay wagon for the farm, new composting center and a new rabbit hutch.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $497,290 | $532,498 | -0.1% |
| Expenses | $554,634 | $456,401 | +0.2% |
| Net Income | $-57,344 | $76,097 | -1.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Carol W Baldwin | President | 20 |
Officer
Director
|
$0 | $0 | $0 |
| Deirdre Doran | Secretary | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Ellen McCormicck | Director | 10 |
Director
|
$0 | $0 | $0 |
| Jennifer Siegel | Director | 15.00 |
Director
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$0 | $0 | $0 |
| Alissa Stoltz | Director | 20.00 |
Director
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$0 | $0 | $0 |
| Michelle Black | Director | 10 |
Director
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$0 | $0 | $0 |
| Daniel Lerner | Director | 5 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $497,290 | $554,634 | $308,454 | $-57,344 |
| 2022 | $532,498 | $456,401 | $365,801 | $76,097 |
| 2021 | $394,378 | $341,327 | $289,704 | $53,051 |
| 2020 | $221,183 | $167,056 | $236,653 | $54,127 |
Compare FRIENDS OF LACHAT INC with other nonprofits in Connecticut and across the country.