FUND FOR LACHAT TOWN FARM INC (EIN 861703594) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Carol W Baldwin

Phone

2039848403

Tax Period

2023-01-01 to 2023-12-31

FUND FOR LACHAT TOWN FARM INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $238K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 766% operating deficit.

Mission

Fund for Lachat Town Farm, Inc. is a supporting organization for Friends of Lachat, Inc., a 501 (c) (3) organization located in Weston, CT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $221,172

Program Service Revenue $0

Investment Income $16,898

Other Revenue $0

TOTAL REVENUE $238,070

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,059,825

Other Expenses $2,062,675

TOTAL EXPENSES $2,062,675

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,070	$3,565,362	-0.9%
Expenses	$2,062,675	$1,592,868	+0.3%
Net Income	$-1,824,605	$1,972,494	-1.9%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carol Baldwin	President	4	Director Key Emp	$0	$0	$0
Daniel Lerner	Director	2	Director	$0	$0	$0
Stirling Collins	Director	2	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	$238,070	$2,062,675	$231,320	$-1,824,605
2022	$3,565,362	$1,592,868	$2,055,926	$1,972,494

FUND FOR LACHAT TOWN FARM INC