PLATINUM2023

Eastie Farm

Grow Food, Build Community

EAST BOSTON, MA   |  https://eastiefarm.com/

Learn how to support this organization
GuideStar Charity Check

Eastie Farm

EIN: 47-5540982


Mission

Eastie Farm pursues climate justice, food security, and community resilience through urban agriculture, education, and the building of an equitable local food system.

Ruling year info

2016

Executive Director

Kannan Thiruvengadam

Main address

213 WEBSTER ST APT 2

EAST BOSTON, MA 02128 USA

Show more contact info

EIN

47-5540982

Subject area info

Public arts

Performing arts

Education

Environment

Agriculture

Show more subject areas

Population served info

Families

Ethnic and racial groups

Immigrants and migrants

Economically disadvantaged people

Ex-offenders

Show more populations served

NTEE code info

Other Food, Agriculture, and Nutrition N.E.C. (K99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Produce For People

Eastie Farm’s Produce For People program aims to alleviate food insecurity, support the local economy, and build a healthier food system. In the next five years, we plan to establish the foundation for a food-secure East Boston by expanding our affordable CSA program and food-aid outreach.

Population(s) Served
Ethnic and racial groups
Families
Economically disadvantaged people
Immigrants and migrants
Farmers

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of Community Supported Agriculture (CSA) participants

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our CSA includes three tiers of financial support: free, subsidized, and market rate. The revenue generated from market rate subscriptions furnishing free and subsidized subscriptions.

Number of volunteers

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

COVID years dramatically decreased regular activities, but our food distributions were supported greatly from volunteer efforts. All three of our main program areas encourage volunteer involvement.

Number of free produce bags distributed

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

This is separate from the free and subsidized CSA bags we distribute seasonally

Goals & Strategy

SOURCE: Self-reported by organization

Financials

Eastie Farm
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

2.73

Average of 4.02 over 6 years

Months of cash in 2021 info

SOURCE: IRS Form 990

22.4

Average of 4.8 over 6 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

0%

Average of 19% over 6 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Eastie Farm

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Eastie Farm

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Eastie Farm

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Eastie Farm’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2020 2021
Unrestricted surplus (deficit) before depreciation $18,133 $678,666
As % of expenses 3.7% 186.9%
Unrestricted surplus (deficit) after depreciation $16,677 $634,740
As % of expenses 3.4% 156.0%
Revenue composition info
Total revenue (unrestricted & restricted) $695,833 $1,145,118
Total revenue, % change over prior year 0.0% 64.6%
Program services revenue 1.1% 14.0%
Membership dues 0.0% 0.0%
Investment income 0.0% 0.0%
Government grants 9.1% 56.7%
All other grants and contributions 89.7% 28.3%
Other revenue 0.0% 1.0%
Expense composition info
Total expenses before depreciation $493,991 $363,030
Total expenses, % change over prior year 0.0% -26.5%
Personnel 12.7% 26.5%
Professional fees 2.3% 12.3%
Occupancy 0.0% 0.0%
Interest 0.0% 0.5%
Pass-through 0.0% 0.0%
All other expenses 84.9% 60.8%
Full cost components (estimated) info 2020 2021
Total expenses (after depreciation) $495,447 $406,956
One month of savings $41,166 $30,253
Debt principal payment $0 $0
Fixed asset additions $6,677 $544,401
Total full costs (estimated) $543,290 $981,610

Capital structure indicators

Liquidity info 2020 2021
Months of cash 6.5 22.4
Months of cash and investments 6.5 22.4
Months of estimated liquid unrestricted net assets 2.0 10.5
Balance sheet composition info 2020 2021
Cash $267,769 $678,366
Investments $0 $0
Receivables $39,899 $331,800
Gross land, buildings, equipment (LBE) $43,858 $559,793
Accumulated depreciation (as a % of LBE) 6.6% 3.3%
Liabilities (as a % of assets) 4.1% 23.9%
Unrestricted net assets $123,287 $758,027
Temporarily restricted net assets N/A N/A
Permanently restricted net assets N/A N/A
Total restricted net assets $210,929 $423,391
Total net assets $334,216 $1,181,418

Key data checks

Key data checks info 2020 2021
Material data errors No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Kannan Thiruvengadam

Kannan grew up in a farming family in southern India where life was inextricably linked with land and agricultural adages were part of everyday parlance. After an early career in technology, Kannan responded to his calling and returned to his agrarian roots. He now leads Eastie Farm, an urban farm in East Boston that fosters food security, regenerative land use, and environmental stewardship. In response to the COVID crisis, as Eastie Farm’s Executive Director, he co-created Mutual Aid Eastie, and served over 5000 meals every week during the pandemic to food-insecure families. Under his leadership, Eastie Farm built the first geo-thermally powered zero-emissions greenhouse in the region, a space for all-year growing, gathering, and education. Eastie Farm’s CSA (Community Supported Agriculture) supports small farmers in the region and serves hundreds of families in East Boston.

Number of employees

Source: IRS Form 990

Eastie Farm

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Eastie Farm

Board of directors
as of 07/20/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Nadia Salim

Organizational demographics

SOURCE: Self-reported; last updated 7/20/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Asian/Asian American
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Gay, lesbian, bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.