Form 990 for tax year 2022
Filed by AGRITECH INSTITUTE FOR SMALL FARMS INC.
Totals
- Total revenue
- $36,978
- Total expenses
- $415,098
- Contributions and grants received
- $35,292
- Grants paid
- $210,000
- Program service revenue
- $0
- Investment income
- $29
- Other revenue
- $1,657
- Total assets, end of year
- $102,165
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $102,165
- Program services expenses (Part IX)
- $342,628
- Management and general expenses
- $55,513
- Fundraising expenses
- $16,957
- Program service expenses (Part III)
- $342,628
Program services were 82.5% 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.
-
1e · Government grants (contributions)
$35,292
-
3 · Investment income
total $29 · excluded $29
-
11a · Other revenue: REFUNDS
total $1,657 · related or exempt $1,657
-
11e · Other revenue, total
$1,657
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $210,000 · program services $210,000
-
5 · Compensation of officers, directors and key employees
total $110,000 · program services $77,000 · management and general $24,200 · fundraising $8,800
-
10 · Payroll taxes
total $9,092 · program services $6,365 · management and general $2,000 · fundraising $727
-
11c · Fees: accounting
total $6,824 · management and general $6,824
-
11g · Fees: other
total $70,375 · program services $49,263 · management and general $15,482 · fundraising $5,630
-
12 · Advertising and promotion
total $1,800 · fundraising $1,800
-
13 · Office expenses
total $362 · management and general $362
-
19 · Conferences, conventions and meetings
total $461 · management and general $461
-
20 · Interest
total $183 · management and general $183
-
23 · Insurance
total $501 · management and general $501
-
24a · Other expenses: BOARD APPRECIATION GIFTS
total $5,500 · management and general $5,500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $98,317 · end of year $102,165
-
2 · Savings and temporary cash investments
beginning of year $399,418
-
23 · Secured mortgages and notes payable
beginning of year $17,038
-
27 · Net assets without donor restrictions
beginning of year $480,697 · end of year $102,165
Mission and programs · 2022
Mission
TO PROMOTE AGRITECH TOOL USAGE BY SMALL FARMS THAT PROMOTES IMPROVED FINANCIAL AND ENVIRONMENTAL PERFORMANCE AND ENABLES THEM TO COMBAT CLIMATE CHANGE.
-
PROMOTING AGRITECH TOOL USAGE BY SMALL FARMS TO IMPROVE FINANCIAL AND ENVIRONMENTAL PERFORMANCE AND ENABLE SMALL FARMS TO COMBAT CLIMATE CHANGE. PROGRAM SERVICE ACCOMPLISHMENTS FOR 2022 - - THE ORGANIZATION COMPLETED A INTENSIVE PROCESS TO INTERVIEW, SURVEY AND INDENTIFY SMALL-SCALE VERMONT DAIRY PRODUCERS TO ASSESS AGRITECH TOOL USAGE NEEDS AND WILLINGNESS OF FARMERS TO SERVE AS PILOT DAIRY FARMS FOR A COORDINATED RESEARCH PROJECT. - ADDITIONAL RESEARCH WAS CONDUCTED TO IDENTIFY FIRST PILOT PROJECT TECHNOLOGY; ASSESS ROBOTICS, GEOFENCING, ANIMAL FEEDING, AND OTHER COMPUTERIZED MONITORING SYSTEMS, AMONG OTHERS, USED ON DAIRY AND OTHER SMALL-SCALE FARMS IN OTHER REGIONS AND COUNTRIES; SETTLED ON GEOFENCING AS FIRST PILOT PROJECT AGRITECH TOOL. - IDENTIFY NEOFENCE AS GEOFENCE SUPPLIER AND ESTABLISH SUPPLY, TRAINING AND TECH SUPPORT AGREEMENT.
Expenses $132,628
-
SUPPORT OF OTHER LOCAL CHARITABLE ORGANIZATIONS
Expenses $210,000 · Grants $210,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jack DavidsonJACK DAVIDSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Greg WordenGREG WORDEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Roger AllbeeROGER ALLBEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Orly MunzingORLY MUNZING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donna SimonsDONNA SIMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dean StadelDEAN STADEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Monroe WhitakerMONROE WHITAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan SmithDAN SMITH
EXECUTIVE DI
- Total calculated
- $110,000
- From this org
- $110,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
-
GENERAL SUPPORT
-
GENERAL SUPPORT
-
UNIVERSITY OF VERMONT FOUNDATION
$10,000
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420929349301252
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