FARM TRAINING COLLECTIVE NYC INC

EIN: 842867079 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,351,315
Total Expenses
$1,425,836
Total Assets
$756,571
Net Assets
$660,312
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
Claudia Navas
Phone
7182184468
Tax Period
2023-01-01 to 2023-12-31

FARM TRAINING COLLECTIVE NYC INC, founded in 2019, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

The goal of Farm School NYC is to train the next generation of farmers in New York City and beyond, with a focus on limited resourced and socially disadvantaged individuals and communities, and to increase access to healthy, local food in urban communities by supporting the proliferation of urban agriculture projects. The mission of Farm School NYC is to train local residents in urban agriculture in order to build self-reliant communities and inspire positive local action around food access and social, economic, and racial justice issues.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,333,474
Program Service Revenue $17,394
Investment Income $0
Other Revenue $447
TOTAL REVENUE $1,351,315

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $855,314
Fundraising Expenses $55,109
Program Expenses $1,247,231
Other Expenses $555,522
TOTAL EXPENSES $1,425,836

Year-over-Year Comparison

2023 2022 Change
Revenue $1,351,315 $900,113 +0.5%
Expenses $1,425,836 $860,491 +0.7%
Net Income $-74,521 $39,622 -2.9%
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
4
Independent Members
4
Employees
14
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
4
$50,602
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ONIKA ABRAHAM Executive Dir. 37.00
Officer
$40,546 $10,056 $50,602
Tutu Badaru BOARD CHAIR 1.00
Officer Director
$0 $0 $0
Esmeralda Herrera Treasurer 1.00
Officer Director
$0 $0 $0
Ruby Olisemeka Director 1.00
Director
$0 $0 $0
Kelly McLane Secretary 1.00
Officer Director
$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 No data No data No data No data
2023 $1,351,315 $1,425,836 $756,571 $-74,521
2022 $900,113 $860,491 $739,182 $39,622
2021 $672,858 $358,248 $606,854 $314,610
2020 $381,732 $160,883 $294,364 $220,849
2019 $44,117 $2,310 $41,807 $41,807
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