SLOUGH FARM FOUNDATION

Address
40 WEST 57TH STREET 26TH FLOOR
NEW YORK, NY 10019
Contact
Phone: +1 (212) 896-7635
Nonprofit
EIN: 81-2235374
Year formed: 2016

Mission

DEDICATED TO OFFERING EDUCATIONAL CLASSES COMBINED WITH HANDS-ON TRAINING (FARM INTERNSHIPS FOR CHILDREN, COOP PROGRAMS, ETC.), DEVELOPING YEAR-ROUND GREENHOUSE AND AGRICULTURAL PROGRAMS (CROP HARVEST EITHER SOLD TO THE PUBLIC OR DONATED TO LOCAL FOOD PANTRIES), BREEDING HERITAGE ANIMALS, DEVELOPING EQUIPMENT EXCHANGES FOR LOCAL FARMERS, AND OFFERING FACILITIES TO ARTISTS IN RESIDENCE.
 2016
Basic features of the organization
Year of formation2016
Subsection code03
PF filing required0
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00
Number of employees1
Number of people compensated >$100k0
Number of volunteers0
Number of highly compensated contractors1
Personnel
Kassel, Terry
TitleDIRECTOR
Name of key/compensated personTERRY KASSEL
Position of compensated person
Current individual trustee or directorTrue
Average hours per week working for org5.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Singer, Paul
TitleDIRECTOR
Name of key/compensated personPAUL SINGER
Position of compensated person
Current individual trustee or directorTrue
Average hours per week working for org5.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesEDUCATION & PROGRAMS RELATED TO AGRICULTURE & ANIMAL BREEDING.
Programs, including revenue & expenses
ON SEPTEMBER 1, 2016, THE ORGANIZATION PURCHASED LAND LOCATED AT 15 AND 38 BUTLER'S COVE ROAD, EDGARTOWN, MA WHERE SUBSTANTIALLY ALL OF THE ORGANIZATION'S ACTIVITIES WILL TAKE PLACE. AFTER THE PURCHASE THROUGH DECEMBER 31, 2016, THE ORGANIZATION'S PRINCIPAL ACTIVITY WAS TO RENOVATE THE FARMHOUSE LOCATED ON THIS LAND SO IT CAN BE USED TO CONDUCT THESE ACTIVITIES AND THEREFORE FULFILL ITS MISSION AS DESCRIBED ABOVE IN QUESTION 1 AND SCHEDULE O. ACCORDINGLY, THE ORGANIZATION DID NOT PERFORM ANY PROGRAM SERVICES DURING 2016.
Program expenses$0.00
Grants and allocations made$0.00
Program revenue$0.00
Program descriptionON SEPTEMBER 1, 2016, THE ORGANIZATION PURCHASED LAND LOCATED AT 15 AND 38 BUTLER'S COVE ROAD, EDGARTOWN, MA WHERE SUBSTANTIALLY ALL OF THE ORGANIZATION'S ACTIVITIES WILL TAKE PLACE. AFTER THE PURCHASE THROUGH DECEMBER 31, 2016, THE ORGANIZATION'S PRINCIPAL ACTIVITY WAS TO RENOVATE THE FARMHOUSE LOCATED ON THIS LAND SO IT CAN BE USED TO CONDUCT THESE ACTIVITIES AND THEREFORE FULFILL ITS MISSION AS DESCRIBED ABOVE IN QUESTION 1 AND SCHEDULE O. ACCORDINGLY, THE ORGANIZATION DID NOT PERFORM ANY PROGRAM SERVICES DURING 2016.
Financial data
Revenue
Total revenue$5,000,000.00
Revenue from contributions (total)$5,000,000.00
Investment income, current yr$0.00
Total revenue from grants, etc., current yr$5,000,000.00
Total unrelated business revenue$0.00
Other revenue, current yr$0.00
Net unrelated business taxable revenue$0.00
Gross receipts$5,000,000.00
Sources of contributions
Revenue from all other contributions$5,000,000.00
Expense categories (totals)
Total functional expenses: sum of all$110,220.00
Total functional expenses: program service $0.00
Total functional expenses: management and general$110,220.00
Total functional expenses: fundraising$0.00
Fees for services
Fundraising service fees (total)$0.00
Assets and liabilities
Total assets$9,639,008.00
Total liabilities$4,749,228.00
Unrestricted net assets, end of yr$4,889,780.00
Net assets$4,889,780.00
Cash: non-interest bearing$3,901,130.00
Loans and other payables to key persons$4,745,456.00
Other financial variables
Revenue less expenses$4,889,780.00
Prepaid expenses & deferred charges$48,265.00
Accounts payable & accrued expenses$3,772.00
Total net assets or fund balances$4,889,780.00
Governance and accountability
Number of voting members2
Number of independent voting members2
Financial sheets auditedTrue
Accrual accountingTrue
Tax year start date2016-04-14
Tax year end date2016-12-01
Indicators for schedules (selected)
Outstanding loan to key person or disqualified personTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990
Reason for form submission
First filingTrue
Date e-filing submitted2018-01-05
IRS schema version2016v3.0
Filing identifier201733189349301913
Use these data in your project Benchmark this organization against its peers