Codman Community Farms INC

Tax-deductible

Lincoln, MA501(c)(3)Since 1973Food & AgricultureEIN 23-7417982Revenue $2.8M in FY2025

On file with the IRScodmancommunityfarms.org58 Codman Rd, 01773-3714 · Lincoln, MATax-exempt since Nov 1974Publicly supported — 509(a)(2)

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See part I, line 1

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 560 volunteers and 26 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $578K a year · 30% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$136K
to officers and key staff · 6% of spending
Top officer’s pay higher than 77% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $222K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$79K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+0.02% vs prior year
Spent
$2.3M
To programs
92%
Net assets
$6.1M
By yearFY2020–FY2025
Revenue
$2.8M
FY2025+0.02%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.4M
FY2023$2.1M
FY2024$2.8M
FY2025$2.8M
Expenses
$2.3M
FY2025▲ +0.9%
Tap a bar for its year
Expenses by fiscal year
FY2020$743K
FY2021$758K
FY2022$795K
FY2023$972K
FY2024$2.3M
FY2025$2.3M
Net assets
$6.1M
FY2025▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$3.4M
FY2022$3.6M
FY2023$4.9M
FY2024$5.4M
FY2025$6.1M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.2M Management & general 7% · $173K Fundraising 1% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $136K paid to officers and key staff.

Part VII, Section A · reportable compensation
Head Farmer
$136,466Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Peter Lowy’s $136K as Head Farmer is at the 77th percentile of top reported officer pay among 818 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Peter Lowy$136,466$138,560$128,475$129,150—
Pete Lowy————$134,679

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Codman Community Farms INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a working farm preserving rural character, highlighting local farming, and inviting community involvement.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2025
01

Fostering New England Farming and Conservation

To teach and advance agricultural practices and to maintain rural beauty, while producing hay, meat, eggs, vegetables, and other farm products as a means to keep lincoln's cherished conservation land productive and open.

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$2.4M
Gifts and grantsLn 1h$288K
Investment incomeLn 3$117K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.2M
Managementcol C$173K
Fundraisingcol D$18K
Owns and owesPt X
$6.1M
net assets · Ln 32
Cash and savingsLn 1–2$352K
Total assetsLn 16$6.2M
LiabilitiesLn 26$79K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$288K
Government grantsLn 1e$30K
Noncash giftsLn 1g$6K
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$117K
Other incomeLn 4–11$17K
Gains on assetsLn 7$9K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$1K
SavingsLn 2$351K
Cash and savings togetherLn 1–2$352K
InvestmentsLn 11–13$3.9M
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$6.2M
LiabilitiesLn 26$79K
Net assetsLn 32$6.1M
OperationsPt I, VI
EmployeesI 526
VolunteersI 6560
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$302K$352K
InvestmentsLn 11–13$3.3M$3.9M
Land, buildings, equipmentLn 10c$1.6M$1.6M
Total assetsLn 16$5.5M$6.2M
LiabilitiesLn 26$99K$79K
Net assetsLn 32$5.4M$6.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$703K$635K$63K$4K
Pension plan contributionsLn 8$13K$13K
Other employee benefitsLn 9$29K$29K
Payroll taxesLn 10$52K$47K$4K$255
Accounting feesLn 11c$82K$82K
Other fees for servicesLn 11g$14K$14K
Office expensesLn 13$16K$16K
OccupancyLn 16$46K$38K$7K
Depreciation, depletion and amortizationLn 22$152K$152K
InsuranceLn 23$78K$78K
Other expenses (24a–d)Ln 24$1.2M$1.2M
Total functional expensesLn 25$2.3M$2.2M$173K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.8M$2.3M$430K$6.1M 990 PDF
FY2024 $2.8M$2.3M$449K$5.4M 990 PDF
FY2023 $2.1M$972K$1.1M$4.9M 990 PDF
FY2022 $1.4M$795K$589K$3.6M 990 PDF
FY2021 $1.2M$758K$491K$3.4M 990 PDF
FY2020 $1.2M$743K$425K$2.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $2,773,602 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $352,692$288,262
I-9 Program service revenuePrior year $2,277,486$2,351,392
I-10 Investment incomePrior year $116,273$116,572
I-11 Other revenuePrior year $26,728$17,376
I-12 Total revenuePrior year $2,773,179$2,773,602
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $723,547$796,183
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,600,371$1,547,802
I-18 Total expensesPrior year $2,323,918$2,343,985
I-19 Revenue less expensesPrior year $449,261$429,617
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,773,602 across 10 lines filed
VIII-1e Government grants$30,356
VIII-1f All other contributions, gifts and grants$257,906
VIII-1g Noncash contributions (included above)$6,279
VIII-1h Total contributions, gifts and grants$288,262
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,351,392$2,351,392
VIII-3 Investment incomeExcluded from tax $107,627$107,627
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,945$8,945
VIII-8 Net income from fundraising eventsExcluded from tax $4,727$4,727
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $12,649$12,649
VIII-12 Total revenueRelated to mission $2,364,041 · Unrelated business $0 · Excluded from tax $121,299$2,773,602
Part IX · Statement of functional expenses $2,343,985 across 11 lines filed
IX-7 Other salaries and wagesPrograms $635,420 · Management $63,184 · Fundraising $3,973$702,577
IX-8 Pension plan contributionsPrograms $12,807$12,807
IX-9 Other employee benefitsPrograms $29,113$29,113
IX-10 Payroll taxesPrograms $47,377 · Management $4,054 · Fundraising $255$51,686
IX-11c Accounting feesManagement $81,944$81,944
IX-11g Other fees for servicesFundraising $13,882$13,882
IX-13 Office expensesManagement $16,417$16,417
IX-16 OccupancyPrograms $38,052 · Management $7,494$45,546
IX-22 Depreciation, depletion and amortizationPrograms $152,446$152,446
IX-23 InsurancePrograms $77,812$77,812
IX-24 Other expenses (24a–d)Programs $1,159,755$1,159,755
IX-25 Total functional expensesPrograms $2,152,782 · Management $173,093 · Fundraising $18,110$2,343,985
Part X · Balance sheet $6,212,771 assets, 14 lines filed
X-1 Cash, non-interest-bearing$1,000
X-2 Savings and temporary cash investmentsStart of year $302,072$351,250
X-8 Inventories for sale or useStart of year $253,792$300,988
X-9 Prepaid expenses and deferred chargesStart of year $28,193$56,221
X-10c Land, buildings and equipment, netStart of year $1,594,799$1,580,288
X-11 Publicly traded securitiesStart of year $3,306,913$3,923,024
X-16 Total assetsStart of year $5,505,769$6,212,771
X-17 Accounts payable and accrued expensesStart of year $73,842$52,262
X-19 Deferred revenueStart of year $24,932$26,996
X-26 Total liabilitiesStart of year $98,774$79,258
X-27 Net assets without donor restrictionsStart of year $3,840,565$4,489,023
X-28 Net assets with donor restrictionsStart of year $1,566,430$1,644,490
X-32 Total net assets or fund balancesStart of year $5,406,995$6,133,513
X-33 Total liabilities and net assetsStart of year $5,505,769$6,212,771
Part XI · Reconciliation of net assets $6,133,513 net assets at year end
XI-1 Total revenue$2,773,602
XI-2 Total expenses$2,343,985
XI-3 Revenue less expenses$429,617
XI-4 Net assets at start of year$5,406,995
XI-5 Net unrealized gains (losses) on investments$296,901
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,133,513

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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