Totals
- Total revenue
- $228,441
- Total expenses
- $238,989
- Contributions and grants received
- $59,859
- Grants paid
- $0
- Program service revenue
- $94,664
- Investment income
- $72
- Other revenue
- $73,846
- Total assets, end of year
- $759,647
- Total liabilities, end of year
- $165,799
- Net assets or fund balances, end of year
- $593,848
- Program services expenses (Part IX)
- $157,456
- Management and general expenses
- $81,533
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $157,456
Program services were 65.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$59,859
-
2a · Program service revenue: MAINTAIN AGRICULTURE I
total $65,000 · related or exempt $65,000
-
2b · Program service revenue: RENT
total $15,482 · related or exempt $15,482
-
2c · Program service revenue: FARMLAND LEASE
total $6,082 · related or exempt $6,082
-
2d · Program service revenue: BUTLER GREEN FARM SCHO
total $5,100 · related or exempt $5,100
-
2e · Program service revenue: LITTLE FERN FOREST
total $3,000 · related or exempt $3,000
-
3 · Investment income
total $72 · unrelated business $72
-
8a · Fundraising events: gross income
$81,991
-
8b · Fundraising events: direct expenses
$8,145
-
8c · Net income from fundraising events
total $73,846 · excluded $73,846
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $94,000 · program services $47,000 · management and general $47,000
-
7 · Other salaries and wages
total $45,293 · program services $45,293
-
10 · Payroll taxes
total $12,061 · management and general $12,061
-
11a · Fees: management
total $11,104 · program services $7,304 · management and general $3,800
-
11c · Fees: accounting
total $8,421 · management and general $8,421
-
12 · Advertising and promotion
total $668 · management and general $668
-
22 · Depreciation, depletion and amortization
total $23,037 · program services $23,037
-
23 · Insurance
total $3,908 · management and general $3,908
-
24a · Other expenses: BUTLER GREEN FARM SCHOO
total $7,208 · program services $7,208
-
24b · Other expenses: REHOME
total $6,584 · program services $6,584
-
24c · Other expenses: BI FOOD FOREST
total $6,455 · program services $6,455
-
24d · Other expenses: ULTILITIES - MORALES FA
total $3,492 · program services $3,492
-
24e · All other expenses
total $16,758 · program services $11,083 · management and general $5,675
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $159,512 · end of year $163,333
-
10a · Land, buildings and equipment: cost or other basis
$630,507
-
10b · Land, buildings and equipment: accumulated depreciation
$34,193
-
10c · Land, buildings and equipment, net
beginning of year $5,336 · end of year $596,314
-
15 · Other assets
beginning of year $536,128 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $96,207 · end of year $165,426
-
25 · Other liabilities
beginning of year $373 · end of year $373
-
29 · Capital stock, trust principal or current funds
beginning of year $132,642 · end of year $132,642
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $471,754 · end of year $461,206
Mission and programs · 2023
Mission
FRIENDS OF THE FARMS ENVISIONS A ROBUST AGRICULTURAL SCENE, WITH A MINIMUM OF 180 ACRES ON BAINBRIDGE ISLAND PERMANENTLY PROTECTED FOR AGRICULTURE, AN EVER-INCREASING CUSTOMER BASE FOR LOCALLY GROWN FOOD, AND OPPORTUNITIES THAT ATTRACT AND RETAIN FUTURE GENERATIONS OF FARMERS. FRIENDS OF THE FARMS IS COMMITTED TO IMPROVING THE OVERALL ENVIRONMENTAL, SOCIAL, AND ECONOMIC HEALTH OF BAINBRIDGE ISLAND BY: CREATING THE DESIRABLE VISUAL PRESENCE OF A RURAL COMMUNITY PROVIDING CULTURAL AND ECONOMIC DIVERSITY PRESERVING OUR ISLAND'S AGRICULTURAL AND ETHNIC HERITAGE ENSURING FOOD SECURITY PROTECTING OUR ENVIRONMENT
Activities or mission (Part I)
TO PRESERVE OPEN SPACE AND FARMLAND
-
MAINTAIN THE AGRICULTURAL INFASTRUCTURE ON MORE THAN 60 ACRES OF OPEN SPACE AND FARMLAND - HUNDREDS OF HOURS OF VOLUNTEER TIME CONTRIBUTED TO THIS PROGRAM FROM THE DIRECTORS AND OTHER VOLUNTEERS
Expenses $149,037 · Grants $155,912 · Revenue $115,913
-
TRAIL RESTORATION OF THE JOHNSON FARM WALKING TRAIL.
Expenses $1,965 · Grants $1,965 · Revenue $1,965
-
FRIENDS OF THE FARMS IS ENGAGED IN CONVERTING THE OPEN AREAS WHERE CHRISTMAS TREES WERE ONCE GROWN AND HARVESTED TO EASILY MAINTAINABLE NATIVE POLLINATOR MEADOWS THAT WILL BE EDGED BY A FORAGEABLE FRINGE (A VERITABLE "SNACK TRAIL") OF BLACKCAP RASPBERRIES, ELDERBERRIES, EVERGREEN HUCKLEBERRIES, SALMONBERRIES, BLACKBERRIES, AND MORE, THAT CAN CONTINUE TO CONTRIBUTE TO LOCAL ISLAND LARDERS AND WILDLIFE WELL-BEING WITHOUT GETTING OUT OF CONTROL AND TAKING OVER THE ENTIRE SITE.
Expenses $6,454 · Grants $2,981 · Revenue $2,981
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lauren DrakopolusLAUREN DRAKOPOLUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Tami MeaderTAMI MEADER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6
-
Justin DomingusJUSTIN DOMINGUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Adrienne DomingusADRIENNE DOMINGUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Becca HansonBECCA HANSON
CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Larry LofgrenLARRY LOFGREN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Callie SheehanCALLIE SHEEHAN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 March 2024
- IRS schema version
- 2023v4.0
- Source object
- 202400689349301315
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