The Fairlight Foundation FY2023 filing
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Supports New Zealand women in farming through education and research advancement. For fiscal year 2023 it reported $168K in revenue, $125K in expenses, and $1.0M in net assets.Pt I
Summary of the Filing
Where the work happens
The revenue and expenses outlined above were for the funding of and development and implementation of curriculum, mentoring, and internship programs and then the recruitment of women into the programs and for the third class, their graduation and ultimate hiring into positions within the New Zealand agricultural industries.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Laura Koot’s $27K as Executive Director is at the 20th percentile of top reported officer pay among 1616 $100K–1M education 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Laura Koot | $26,735 | $47,174 | $47,206 | $83,423 |
| Douglas Harpur | — | — | — | $705 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 15% | — | — |
| Investment management fee ratio | 0% | — | — |
| Accounting fee ratio | 3% | — | — |
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.
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