Needham Community Farm INC EIN 11-3822708

Needham Community Farm INC

EIN  11-3822708 Public charity (501(c)(3)) Needham, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers community resources, education, and produce through an agricultural center.
Leadership
Ed Anderson · Treasurer
Money in and out
$314K revenue, $166K expenses
Bottom line
97% program efficiency

Offers community resources, education, and produce through an agricultural center. For fiscal year 2023 it reported $314K in revenue, $166K in expenses, and $380K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$166K
Pt IX · Ln 25
Net assets
$380K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $148K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
12.5mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
+47%
revenue over expenses, this year▲ +28% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$314K
FY2023▲ +57%
Expenses
$166K
FY2023▲ +31%
Total assets
$381K
FY2023▲ +65%
Total liabilities
$819
FY2023▼ -42%
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$166K
Pt IX · Ln 25
Net assets
$380K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$148K
Total assetsPt X · Ln 16$381K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $139K of program spending, described in the organization's own filed words · FY2023.
01

Providing the community with an agricultural center that offers community resources, education for all ages and produce.

$139Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNeedham Community Farm INC
EINHdr · item D11-3822708
Principal addressHdr · item CNeedham, MA
WebsiteHdr · item Jwww.needhamfarm.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C60)
Ruling yearIRS BMFApr 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Clerk/ Secre
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$265K · 84%
Program service revenue$48K · 15%
Contributions & grants84%$265K
Program service revenue15%$48K
Investment income$756
Total revenueLn 12$314K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$161K
Management & general3%$5K
Total functional expensesLn 25$166K

Balance Sheet

Part X · end of year
CashLn 1$173K
Total assetsLn 16$381K
Total liabilitiesLn 26$819
Total net assetsLn 32$380K
Months of cash on handcomputed12.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $173K · Operating expenses/yr $166K
12.5 months
Where the money goes
Program services
Program services $161K · Total expenses $166K
97%
Management & General
Management & general $5K · Total expenses $166K
3%
Fundraising
Fundraising $0 · Total expenses $166K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $216K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $265K · Total revenue $314K
84%
Government reliance
Government grants — · Total revenue $314K
Earned-income share
Program service revenue $48K · Total revenue $314K
15%
Investment reliance
Investment income $756 · Total revenue $314K
0%
Program self-sufficiency
Program service revenue $48K · Total expenses $166K
29%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year $200K
+57%
Net-asset trend (YoY)
End of year $380K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $166K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $381K
Net-asset ratio
Net assets $380K · Total assets $381K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $381K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ed Anderson · Reported title TREASURER · Highest reported compensation $0 · Total expenses $166K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $123K · Total expenses $166K
74%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 57%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$6K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$314K revenue · viewing · ⤓ 990 PDF
FY2022$200K revenue · ⤓ 990 PDF
FY2021$155K revenue · ⤓ 990 PDF
FY2020$113K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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