THE FARMHOUSE RETREAT INC

EIN: 873179543 501(c)(3) Public & Societal Benefit

PLYMOUTH, MA

Total Revenue
$15,831
Total Expenses
$385,779
Total Assets
$734,928
Net Assets
$716,875
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MA
Principal Officer
PAUL KRASINSKI
Phone
6462289002
Tax Period
2023-10-01 to 2024-09-30

THE FARMHOUSE RETREAT INC, founded in 2021, is a micro nonprofit in the Public & Societal Benefit sector that reported $16K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $386K exceeded revenue, resulting in a 2337% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE A LOCATION TO ENGAGE IN EDUCATIONAL ACTIVITIES THAT PROMOTE AND INSPIRE SOCIETAL CHANGE TO FOCUS LESS ON THE SELF AND MORE ON SERVING OTHERS, THE COMMUNITY, AND THE GREATER GOOD THROUGH VARIOUS MEANS, INCLUDING BUT NOT LIMITED TO: 1.CONVENING DIVERSE AND CREATIVE PEOPLE, USING THE EXPERTISE, AND KNOWLEDGE OF ALL, TO WORK AND LEARN TOGETHER IN ONE PHYSICAL SPACE TO RESOLVE THE WORLD'S MOST PRESSING PROBLEMS; 2. USING HANDS-ON GROUP EXPERIENCES AT THE ORGANIZATION'S FARM LOCATION TO CREATE DEEP RELATIONSHIPS THAT WILL INSPIRE POSITIVE SOCIETAL CHANGE AND FOSTER PROBLEM-SOLVING; AND 3. ENGAGING IN EXPERIENTIAL LEARNING WITH INDIVIDUALS AND FAMILIES IN ACTIVITIES SUCH AS COMMUNITY-SHARED AGRICULTURE, AQUACULTURE, RENEWABLE ENERGY USE, TECHNOLOGY DEVELOPMENT, MEDIA PRODUCTION AND CULINARY LEARNING EXPERIENCES.

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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 $10,208
Program Service Revenue $5,602
Investment Income $21
Other Revenue $0
TOTAL REVENUE $15,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,305
Fundraising Expenses $0
Program Expenses $254,855
Other Expenses $265,474
TOTAL EXPENSES $385,779

Year-over-Year Comparison

2023 2022 Change
Revenue $15,831 $1,666,965 -1.0%
Expenses $385,779 $574,436 -0.3%
Net Income $-369,948 $1,092,529 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
21

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL KRASINSKI PRESIDENT 1.00
Officer Director
$0 $0 $0
LYNNE LIPINSKY TREASURER 1.00
Officer Director
$0 $0 $0
KATHY KNIGHT CLERK 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 $15,831 $385,779 $734,928 $-369,948
2023 $1,666,965 $574,436 $1,100,793 $1,092,529
2022 No data $5,706 $11,998 No data
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