Ethos Farm Project EIN 86-1397641 Form 990 (PDF) Claim this org

Ethos Farm Project FY2021 filing

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Educates providers and farmers on regenerative organic farming, lifestyle medicine, and historic preservation. For fiscal year 2021 it reported $277K in revenue, $202K in expenses, and $75K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Long Valley, NJ
Website
www.ethosfarmproject.org
Filings
4 on file (2021–2021)
Revenue
$277KFY2021
Expenses
$202K
Net assets
$75K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  86-1397641 Public charity (501(c)(3)) Long Valley, NJ
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Educates providers and farmers on regenerative organic farming, lifestyle medicine, and historic preservation.
Leadership
Nora Pugliese · Farm Manager · $55K
Money in and out
$277K revenue, $202K expenses
Bottom line
80% program efficiency
Where the money goes · FY2021
Total revenue
$277K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$75K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $75K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs
Operating runway
4.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+27%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$277K
FY2021
Expenses
$202K
FY2021
Total assets
$82K
FY2021
Total liabilities
$6K
FY2021
Total revenue
$277K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$75K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$75K
Total assetsPt X · Ln 16$82K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

2 program services account for $161K of program spending, described in the organization's own filed words · FY2021.
01

Promote awareness of farm plant based healthcare system, promotion of lifestyle medicine

$82Kprogram expense
02

Educating medical providers and farmers about regenerative organic farming methods

$79Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEthos Farm Project
EINHdr · item D86-1397641
Principal addressHdr · item CLong Valley, NJ
WebsiteHdr · item Jwww.ethosfarmproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJul 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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
Farm Manager
$54,808Pt VII · Sec A
Field Manager
$41,538Pt VII · Sec A
Assistant Field Manager
$18,615Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Nora Pugliese’s $75K as Secretary is at the 66th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Nora Pugliese$75,000$75,000$75,000$54,808
Nicholas Hodgson$47,923$41,538
Jessica Stensland$26,631$18,615
Pragya Thakur$16,401

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.

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Statement of Revenue

Part VIII
Contributions & grants$213K · 77%
Other revenue$60K · 22%
Program service revenue$3K · 1%
Contributions & grants77%$213K
Other revenue22%$60K
Program service revenue1%$3K
— government grantsLn 1e$500
Total revenueLn 12$277K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$161K
Management & general20%$41K
Total functional expensesLn 25$202K

Balance Sheet

Part X · end of year
CashLn 1$74K
Total assetsLn 16$82K
Total liabilitiesLn 26$6K
Total net assetsLn 32$75K
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $74K · Operating expenses/yr $202K
4.4 months
Where the money goes
Program services
Program services $161K · Total expenses $202K
80%
Management & General
Management & general $41K · Total expenses $202K
20%
Fundraising
Fundraising $0 · Total expenses $202K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $213K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $213K · Total revenue $277K
77%
Government reliance
Government grants $500 · Total revenue $277K
0.2%
Earned-income share
Program service revenue $3K · Total revenue $277K
1%
Investment reliance
Investment income $0 · Total revenue $277K
0%
Program self-sufficiency
Program service revenue $3K · Total expenses $202K
2%
Growth & trend
Revenue growth (YoY)
This year $277K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $75K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $277K · Expenses $202K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $82K
Net-asset ratio
Net assets $75K · Total assets $82K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $82K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nora Pugliese · Reported title FARM MANAGER · Highest reported compensation $55K · Total expenses $202K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $136K · Total expenses $202K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Legal fee ratio 3%
Accounting fee ratio 2%

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 · FY2024
Total grants receivedfrom 2 funders$74K

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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
FY2024 (Latest)$444K revenue · ⤓ 990 PDF
FY2023$520K revenue · ⤓ 990 PDF
FY2022$449K revenue · ⤓ 990 PDF
FY2021$277K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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