Totals
- Total revenue
- $3,533,870
- Total expenses
- $2,454,291
- Contributions and grants received
- $2,654,445
- Grants paid
- $0
- Program service revenue
- $83,355
- Investment income
- $449,217
- Other revenue
- $346,853
- Total assets, end of year
- $5,767,306
- Total liabilities, end of year
- $795,592
- Net assets or fund balances, end of year
- $4,971,714
- Program services expenses (Part IX)
- $2,087,628
- Management and general expenses
- $161,796
- Fundraising expenses
- $204,867
- Program service expenses (Part III)
- $2,087,628
Program services were 85.1% 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
$2,654,445
-
2a · Program service revenue: FARM RESCUE FARMS INCO
total $83,355 · related or exempt $83,355
-
3 · Investment income
total $20,852 · excluded $20,852
-
7a · Gross sales of assets other than inventory
other assets $812,500
-
7b · Less cost or other basis and sales expenses
other assets $384,135
-
7c · Gain or loss
other assets $428,365
-
7d · Net gain or loss
total $428,365 · related or exempt $428,365
-
8a · Fundraising events: gross income
$322,421
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $322,421 · excluded $322,421
-
11a · Other revenue: MISCELLANEOUS
total $21,332 · excluded $21,332
-
11b · Other revenue: GIFT SHOP
total $3,100 · excluded $3,100
-
11e · Other revenue, total
$24,432
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $538,199 · program services $277,368 · management and general $100,929 · fundraising $159,902
-
8 · Pension plan contributions
total $10,532 · program services $4,816 · management and general $3,028 · fundraising $2,688
-
9 · Other employee benefits
total $5,116 · program services $5,116
-
10 · Payroll taxes
total $44,003 · program services $22,677 · management and general $8,252 · fundraising $13,074
-
11b · Fees: legal
total $1,650 · management and general $1,650
-
11c · Fees: accounting
total $12,130 · management and general $12,130
-
11g · Fees: other
total $9,630 · program services $9,630
-
12 · Advertising and promotion
total $154,315 · program services $154,315
-
13 · Office expenses
total $53,482 · program services $33,606 · management and general $18,643 · fundraising $1,233
-
14 · Information technology
total $94,060 · program services $75,865 · management and general $8,789 · fundraising $9,406
-
16 · Occupancy
total $2,100 · management and general $2,100
-
17 · Travel
total $121,705 · program services $115,653 · management and general $6,052
-
19 · Conferences, conventions and meetings
total $30 · management and general $30
-
20 · Interest
total $23,154 · program services $23,154
-
22 · Depreciation, depletion and amortization
total $816,263 · program services $814,287 · management and general $1,976
-
23 · Insurance
total $126,746 · program services $126,746
-
24a · Other expenses: EQUIPMENT EXPENSES
total $324,673 · program services $324,673
-
24b · Other expenses: FUEL EXPENSE
total $95,333 · program services $95,333
-
24c · Other expenses: FUNDRAISING EXPENSES
total $4,552 · fundraising $4,552
-
24e · All other expenses
total $16,618 · program services $4,389 · management and general -$1,783 · fundraising $14,012
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $913,913 · end of year $698,026
-
2 · Savings and temporary cash investments
beginning of year $571,877 · end of year $928,707
-
3 · Pledges and grants receivable
beginning of year $23,109 · end of year $172,417
-
9 · Prepaid expenses and deferred charges
beginning of year $70,807 · end of year $53,458
-
10a · Land, buildings and equipment: cost or other basis
$6,349,305
-
10b · Land, buildings and equipment: accumulated depreciation
$2,434,607
-
10c · Land, buildings and equipment, net
beginning of year $3,147,417 · end of year $3,914,698
-
17 · Accounts payable and accrued expenses
beginning of year $21,330 · end of year $58,760
-
19 · Deferred revenue
beginning of year $100,000 · end of year $50,000
-
23 · Secured mortgages and notes payable
beginning of year $722,549 · end of year $686,832
-
27 · Net assets without donor restrictions
beginning of year $3,883,244 · end of year $4,971,714
Mission and programs · 2022
Mission
TO PROVIDE ASSISTANCE TO FARM FAMILIES THAT HAVE EXPERIENCED A MAJOR ILLNESS, INJURY OR AN ACT OF NATURE THAT HAS CAUSED UNDUE FINANCIAL HARDSHIP
-
ASSIST ELIGIBLE FARMERS IN PLANTING AND HARVESTING CURRENT CROP
Expenses $2,087,628 · Revenue $511,720
As filed on the 2022 return.
Listed in Part VII
-
REBECCA UNDEM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
BILL GROSS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
JED WALL
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
KYLE NELSEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
SHAUN SIPMA
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
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
- 2022
- Filed
- 29 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410299349301466
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.