Totals
- Total revenue
- $831,592
- Total expenses
- $709,353
- Contributions and grants received
- $523,951
- Grants paid
- $0
- Program service revenue
- $307,641
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $973,662
- Total liabilities, end of year
- $307,881
- Net assets or fund balances, end of year
- $665,781
- Program services expenses (Part IX)
- $579,548
- Management and general expenses
- $129,805
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $482,556
Program services were 81.7% 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.
-
1b · Membership dues
$3,641
-
1e · Government grants (contributions)
$220,202
-
1f · All other contributions, gifts and grants
$300,108
-
2a · Program service revenue: Incubator Services
total $305,731 · related or exempt $305,731
-
2b · Program service revenue: Education Services
total $1,910 · related or exempt $1,910
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $395 · program services $395
-
7 · Other salaries and wages
total $66,140 · management and general $66,140
-
9 · Other employee benefits
total $2,036 · management and general $2,036
-
10 · Payroll taxes
total $16,367 · management and general $16,367
-
11a · Fees: management
total $15,637 · program services $15,637
-
12 · Advertising and promotion
total $246 · management and general $246
-
13 · Office expenses
total $14,566 · management and general $14,566
-
16 · Occupancy
total $215,444 · program services $215,444
-
20 · Interest
total $14,767 · management and general $14,767
-
22 · Depreciation, depletion and amortization
total $100,008 · program services $100,008
-
23 · Insurance
total $9,079 · management and general $9,079
-
24a · Other expenses: Expensed Durable Equipment
total $213,139 · program services $213,139
-
24b · Other expenses: Lab Supplies & Services
total $34,925 · program services $34,925
-
24c · Other expenses: Dues & Subscriptions
total $3,500 · management and general $3,500
-
24d · Other expenses: Taxes, Licenses & Fees
total $3,233 · management and general $3,233
-
24e · All other expenses
total -$129 · management and general -$129
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $180,494 · end of year $57,765
-
9 · Prepaid expenses and deferred charges
beginning of year $18,000 · end of year $31,000
-
10a · Land, buildings and equipment: cost or other basis
$1,030,661
-
10b · Land, buildings and equipment: accumulated depreciation
$145,764
-
10c · Land, buildings and equipment, net
beginning of year $757,564 · end of year $884,897
-
17 · Accounts payable and accrued expenses
end of year $6,589
-
21 · Escrow or custodial account liability
beginning of year $15,000 · end of year $27,050
-
24 · Unsecured notes and loans payable
beginning of year $397,516 · end of year $274,242
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year -$61,154 · end of year $122,239
-
31 · Retained earnings, endowment or other funds
beginning of year $604,696 · end of year $543,542
Mission and programs · 2022
Mission
We accelerate innovation in our global food system providing education mentorship & incubation services to startup companies commercializing Ag|Food|Health innovations.
Activities or mission (Part I)
We accelerate innovation in our food system by providing education mentorship incubation srvcs to startups commercializing agfood tec
-
AIA operates The Lab@AgStart, an incubator for science-based startup companies in Woodland, CA. The Lab@AgStart houses and supports regional Ag|Food|Health technology startups to advance innovation in our global food system and grow economic activity in Woodland and the surrounding Greater-Sacramento region. Revenues include user fees that help offset the cost of operations. Expenses include equipment, consumable supplies, occupancy and specialized services to operate and maintain the facility.
Expenses $482,161 · Revenue $305,731
-
Education and mentorship of innovators and entrepreneurs pursuing Ag-& -Food innovation in AgStart's Greater-Sacramento region and beyond. Monthly Office Hours mentoring sessions, in-person and virtual speaker sessions. Hosted several sessions of education and mentorship for Canadian AgTech entrepreneurs in conjunction with Canadian consulate. Revenues include contracted services. Expenses include meetup expenses and refreshments.
Expenses $395 · Revenue $1,910
As filed on the 2022 return.
Listed in Part VII
-
Ken HiattKEN HIATT
Ch Finl Officer
- Total calculated
- $0
- Hours/week
- 1
-
Trish KellyTRISH KELLY
Secretary
- Total calculated
- $0
-
John SelepJOHN SELEP
President Board Chair
- Total calculated
- $0
- Hours/week
- 20
-
Matthew PeyretMATTHEW PEYRET
Director
- Total calculated
- $0
-
Pam MarronePAM MARRONE
Director
- Total calculated
- $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
- 27 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331179349302103
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