Clemmons Family Farm Inc

Nonprofit profile at a glance

EIN
842314023
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Charlotte, VT, USA
Phone
7655605445
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$1,671,445
Expenses
$625,327
Assets
$2,891,192
Liabilities
$16,714

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • LYDIA CLEMMONS (PRESIDENT & EXECUTIVE DIRE)

Highest reported compensation

  • LYDIA CLEMMONS (PRESIDENT & EXECUTIVE DIRE): $140,000 total reported compensation
  • ROBIN ANTHONY KOUYATE (DIRECTOR): $26,250 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Preserve and maintain the historic clemmons farm in charlotte, Vermont as an educational prototype, and a model for preserving african-american owned agricultural land, cultural and heritage assets in the U.S.empower a growing network of Vermont's artists and culture bearers who have expertise in african diaspora arts and culture with opportunities for professional development, advocacy, visibility, networking, paid engagements, collective healing, and a safe haven for creativity that helps them to thrive.build a loving multicultural community around african-american/african diaspora history, arts and culture.

What it reported doing in 2024

K12 windows to a multicultural world this program groups together several small grants, fee-for-services, and curriculum sales for k12 programs that feature the development and delivery of africanamerican history curriculum, artist engagements, and a remote learning platform for teachers, parents, and students.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 86
  • Accountability: 90
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.4%; rating input score 24
  • Program expense ratio: 65.2%; rating input score 65
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 62.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 4.62; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 26.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 34.6% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 57.5% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 24.4% of revenue deployed · 65.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $408K in reported program spending
  • Leadership: top reported pay $140K · 9 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 24/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 9/100.