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Friends Of Lachat Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800768651 ✦ Weston, CT ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Lachat Inc?

Friends of Lachat Inc is a nonprofit organization situated in Weston, Connecticut, with a single employee. Their primary mission is to preserve and enhance the Lachat Town Farm, a municipal property, by restoring and maintaining its farmhouse, grounds, and facilities. This includes offering educational programs and opportunities for community engagement. The organization is currently constructing the Offutt Education Center to replace an old garage and expand their year-round educational offerings, featuring a demonstration kitchen and art studio for classes. The completion of this project is anticipated in 2023.


Official website here: www.lachattownfarm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

Friends Of Lachat Inc has achieved an 83% score, reflecting a solid Three-Star rating. This rating is derived solely from the accountability and finance beacon, which emphasizes the organization's commitment to responsible financial management. Notably, they have a 100% independent board, which is essential for transparency and governance.

The organization showcases strong financial practices, with a program expense ratio of 95.18%, indicating that the majority of its funds directly support its mission. Additionally, the absence of material asset diversion and a favorable liabilities to assets ratio of 0.00% further underline its financial health.

However, there are some areas for improvement, particularly in governance policies. The organization is missing a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. Addressing these gaps could enhance their operational integrity even further.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Lachat Inc legitimate?

Friends Of Lachat Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Lachat Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,308

For more financial information, click here


Official website here: www.lachattownfarm.org

What is the mission statement of Friends Of Lachat Inc?

The mission of Friends Of Lachat Inc is centered around restoring, maintaining, and enhancing the farmhouse, grounds, and other facilities at a local property. This organization, situated in an unspecified location, seeks to promote education and enjoyment of this space for the communities in its vicinity. To achieve this goal, Friends Of Lachat Inc offers various programs. The organization is currently constructing the Offutt Education Center, which will replace an old garage and enable year-round educational programming, including a demonstration kitchen and an art studio for classes. Upon completion in 2023, the Center will contribute to the organization's mission of fostering a deeper connection with the community.


Official website here: www.lachattownfarm.org

Who is the CEO of Friends Of Lachat Inc?

Carol Baldwin is the President of Friends Of Lachat Inc.


Official website here: www.lachattownfarm.org

What is the revenue of Friends Of Lachat Inc?

Friends Of Lachat Inc's revenue in 2022 was $532,498.


Official website here: www.lachattownfarm.org

Who are the executives of Friends Of Lachat Inc and what are their salaries?

The average compensation at Friends Of Lachat Inc during 2022 was $68,308. There is 1 employee and 150 volunteers at Friends Of Lachat Inc.


Here are 7 key members and their salaries:


Carol Baldwin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Hutchison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deirdre Doran (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Allon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Siegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alissa Stoltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lachattownfarm.org

Where can I find the form 990 for Friends Of Lachat Inc?

Friends Of Lachat Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lachattownfarm.org

Learn more at the official website: www.lachattownfarm.org

Mission Statement of Friends Of Lachat Inc

Friends of Lachat Inc, a nonprofit organization, is dedicated to restoring, maintaining, and enhancing the farmhouse, grounds, and other facilities at Lachat Town Farm, a municipal property. Their mission is to foster education and enjoyment of this property for the communities of Weston, CT, and its surrounding towns. Through their efforts, they aim to provide programs that cater to these communities, encouraging engagement and appreciation for the Lachat Town Farm.

In line with their mission, Friends of Lachat Inc has initiated the construction of the Offutt Education Center. This new center replaces the former garage and offers expanded educational opportunities. With the addition of a demonstration kitchen and art studio, the Center enables year-round programming, enriching the experiences of visitors and promoting a deeper connection with the farm and its history. The completion of this project, expected in 2023, will further solidify Friends of Lachat Inc's commitment to preserving and enhancing Lachat Town Farm for the benefit of the local communities.

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Impact




July, 2024

Friends Of Lachat Inc's impact can be seen in their efforts to restore, maintain, and improve the farmhouse, grounds, and other facilities at Lachat Town Farm in Weston, CT. They provide educational programs that benefit the communities of Weston and surrounding areas, promoting a deeper connection to agriculture and sustainable living. The construction of the Offutt Education Center, with amenities such as a demonstration kitchen and art studio, enhances their ability to offer year-round programming for all ages. By focusing on education and enjoyment of the farm, Friends Of Lachat Inc is fostering a stronger sense of community and promoting a more sustainable lifestyle.




This information is meant to be a general summary of Friends Of Lachat Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$532,498 (2022)
Expenses
$456,401 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,549
  • Program Service Revenue: $252,278
  • Gross Receipts: $584,381

Assets and Liabilities:

  • Total Assets: $365,801
  • Total Liabilities: $0
  • Net Assets: $365,801

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Classes/Small Events

Revenue

$57,353

Community/ Giving Garden

Revenue

$3,660

Farmers Market

Revenue

$24,727

Little Farmhands Program

Revenue

$126,163

Music in the Meadow

Revenue

$40,375

Organization Details

Founding Year

2012

Principal Officer

Carol Baldwin

Main Address

31 Fanton Hill Road, Weston, CT, 06883

NTEE Category

Code: K25 - Food

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