Totals
- Total revenue
- $1,151,513
- Total expenses
- $1,105,728
- Contributions and grants received
- $1,133,221
- Grants paid
- $3,182
- Program service revenue
- $18,292
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,664,843
- Total liabilities, end of year
- $1,749
- Net assets or fund balances, end of year
- $1,663,094
- Program services expenses (Part IX)
- $1,057,225
- Management and general expenses
- $47,687
- Fundraising expenses
- $816
- Program service expenses (Part III)
- $1,057,225
Program services were 95.6% 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)
$418,200
-
1f · All other contributions, gifts and grants
$715,021
-
2a · Program service revenue: FARM REVENUE
total $18,292 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,182 · program services $3,182
-
5 · Compensation of officers, directors and key employees
total $108,400 · program services $86,720 · management and general $21,680 · fundraising $0
-
7 · Other salaries and wages
total $271,869 · program services $258,306 · management and general $13,563 · fundraising $0
-
9 · Other employee benefits
total $15,628 · program services $12,229 · management and general $3,399 · fundraising $0
-
10 · Payroll taxes
total $28,759 · program services $26,109 · management and general $2,650 · fundraising $0
-
11b · Fees: legal
total $25,687 · program services $25,687 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $2,372 · program services $949 · management and general $1,186 · fundraising $237
-
11g · Fees: other
total $541,969 · program services $541,890 · management and general $79 · fundraising $0
-
12 · Advertising and promotion
total $2,334 · program services $2,334 · management and general $0 · fundraising $0
-
13 · Office expenses
total $24,628 · program services $23,687 · management and general $941 · fundraising $0
-
14 · Information technology
total $5,448 · program services $5,448 · management and general $0 · fundraising $0
-
16 · Occupancy
total $5,670 · program services $5,040 · management and general $630 · fundraising $0
-
17 · Travel
total $10,792 · program services $10,792 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $653 · program services $653 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $6,198 · program services $5,268 · management and general $620 · fundraising $310
-
23 · Insurance
total $9,990 · program services $8,009 · management and general $1,981 · fundraising $0
-
24a · Other expenses: FARM EXPENSES
total $32,667 · program services $32,651 · management and general $16 · fundraising $0
-
24b · Other expenses: RETIREMENT OF FIXED ASSETS
total $5,381 · program services $4,574 · management and general $538 · fundraising $269
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $3,673 · program services $3,269 · management and general $404 · fundraising $0
-
24d · Other expenses: LICENSES
total $428 · program services $428 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,534,593 · end of year $1,592,999
-
10a · Land, buildings and equipment: cost or other basis
$117,967
-
10b · Land, buildings and equipment: accumulated depreciation
$46,123
-
10c · Land, buildings and equipment, net
beginning of year $83,423 · end of year $71,844
-
17 · Accounts payable and accrued expenses
beginning of year $707 · end of year $1,749
-
27 · Net assets without donor restrictions
beginning of year $1,617,309 · end of year $1,335,356
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $327,738
Mission and programs · 2022
Mission
The organization's mission is to advocate and test recirculating farm technology and educate the public of its benefits to the environment and green job creation possibilities.
-
OUTREACH & EDUCATION: The purpose of this program is to raise awareness about recirculating farms and also to increase public interest in growing fresh local food. In addition, this program seeks to create awareness of the possiblity of creating green jobs through building recirculating farms, especially in low-income and urban communities.
Expenses $421,593 · Grants $3,082
-
RESEARCH & TRAINING: The purpose and goals of this program are as follows. 1) To develop educational materials and programs to teach recirculating farming. 2) Build a model farm as a training center 3) Host farmer training and workshops. 4) Support research into alternative natural feed sources for farmed fish to replace the use of wild fish for protein.
Expenses $416,037
-
ADVOCACY: The purpose and goals of this program are as follows. 1) Creating an awareness for need for federal funding and other support for research and development of recirculating farms. 2) Promoting recirculating farms as an alternative to ocean fish farming. 3) Establishing clear standards for permitting, monitoring, labeling and operation of recirculating farms. 4) Supporting access to healthy fresh food for low income and underserved communities and children especially in school food programs.
Expenses $133,195 · Grants $100
-
DON'T CAGE OUR OCEANS: The purpose and goals of this program are as follows. Raising awareness and providing educational information on the development of industrial offshore aquaculture in the United States and its impacts on the environmental and coastal communities.
Expenses $86,400
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Anthony GriffithANTHONY GRIFFITH
PRESIDENT/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ephraim FroelichEPHRAIM FROELICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marianne CufoneMARIANNE CUFONE
EXECUTIVE DIRECTOR/SEC
- Total calculated
- $108,399
- From this org
- $105,999
- From related orgs
- $0
- Other
- $2,400
- Hours/week
- 50
-
James H MitchellJAMES H MITCHELL
EMPLOYEE
- Total calculated
- $108,554
- From this org
- $106,154
- From related orgs
- $0
- Other
- $2,400
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349305160
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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