HOMEFARM AT UNDERMOUNTAIN INC AKA … - Form 990 Financial Data

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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

LORI PESTANA

Phone

9787999036

Tax Period

2024-01-01 to 2024-12-31

HOMEFARM AT UNDERMOUNTAIN INC AKA HOMEFARM AT UNDERMOUNTAIN, founded in 2021, is a small nonprofit in the Animal-Related sector that reported $487K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $603K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO RESTORE AND PRESERVE THE HISTORIC HOMEFARM AT UNDERMOUNTAIN TO CREATE A BEAUTIFUL, INSPIRING PLACE WHERE OUR COMMUNITY AND VISITORS CAN ENGAGE WITH THE LAND AND ANIMALS TO FOSTER COMPASSION, CREATIVITY,LEARNING AND HEALING.

Program Service Accomplishments

Program 1

Expenses: $589,340 Revenue: $435,281

OBTAIN EQUINE FACILITY AT UNDERMOUNTAIN FARM TO PROVIDE RESCUE, RETIREMENT AND SANCTUARY FOR 10 HORSES AND UTILIZE THEM AS AMBASSADORS FOR SAVING THE FARM. DEVELOPED INTENSE STRATEGIC PLAN TO...

OBTAIN EQUINE FACILITY AT UNDERMOUNTAIN FARM TO PROVIDE RESCUE, RETIREMENT AND SANCTUARY FOR 10 HORSES AND UTILIZE THEM AS AMBASSADORS FOR SAVING THE FARM. DEVELOPED INTENSE STRATEGIC PLAN TO PRESERVE ENTIRE UNDERMOUNTAIN FARM PROPERTY, CONSERVE THE LAND AND UTILIZE IT FOR SERVICE TO THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $435,281

Program Service Revenue $0

Investment Income $1,426

Other Revenue $50,201

TOTAL REVENUE $486,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,395

Fundraising Expenses $82

Program Expenses $589,340

Other Expenses $370,427

TOTAL EXPENSES $602,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$486,908	$2,719,643	-0.8%
Expenses	$602,822	$509,488	+0.2%
Net Income	$-115,914	$2,210,155	-1.1%

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

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
DANIEL BROSS	SECRETARY	2.00	Officer Director	$0	$0	$0
JONAS DOVYDENAS	DIRECTOR	2.00	Director	$0	$0	$0
GRAY ELLRODT	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE HIBBARD	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
GARY KNISELY	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEANIE KNISELY	DIRECTOR	2.00	Director	$0	$0	$0
YOANNA MAITRE	DIRECTOR	2.00	Director	$0	$0	$0
LORI PESTANA	TREASURER	40.00	Officer Director	$0	$0	$0
LORI ROBBINS	DIRECTOR	2.00	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	$486,908	$602,822	$2,131,326	$-115,914
2023	$2,719,643	$509,488	$2,211,488	$2,210,155

HOMEFARM AT UNDERMOUNTAIN INC AKA HOMEFARM AT UNDERMOUNTAIN