New York Farm Viability Institute Inc
- Assets
- $413.5k
- Revenue
- $700.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Syracuse, NY
- Founding
- 11/2005
- Data as of
- 03/2023
- EIN
- 13-4295807
Organization Overview
New York Farm Viability Institute Inc is located in Syracuse, NY. The organization was established in 2005. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 03/2023, New York Farm Viability Institute Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Farm Viability Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, New York Farm Viability Institute Inc generated $700.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $950.0k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, New York Farm Viability Institute Inc has awarded 118 individual grants totaling $17,574,501. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW YORK FARM VIABILITY INSTITUTE IS A FARMER-LED NON-PROFIT ORGANIZATION THAT PROVIDES GRANT FUNDING TO APPLIED RESEARCH AND OUTREACH EDUCATION PROJECTS THAT HELP FARMS INCREASE PROFIT AND PROVIDE MODELS FOR OTHER FARMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER, PROMOTE, AND SUPPORT A VIBRANT AGRICULTURAL SECTOR IN NEW YORK BY SUPPORTING APPLIED RESEARCH, EDUCATION, INFORMATION TRANSFER, TECHNOLOGY ADOPTION AND MARKET ANALYSIS THROUGH GRANTS TO REDUCE PRACTICAL BARRIERS TO THE SUCCESS OF FARMING ENTERPRISES. WITHIN THE LAST FISCAL YEAR, THE ORGANIZATION HAS SUCCESSFULLY INITIATED 7 NEW PROJECTS, COMPLETED 6 PROJECTS, AND RECEIVED 35 NEW APPLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Ryan Chair | OfficerTrustee | 1 | $0 |
Tim Dressel Vice Chair | OfficerTrustee | 1 | $0 |
Brian Reeves Director | Trustee | 1 | $0 |
David Grusenmeyer Executive Director | OfficerTrustee | 40 | $121,513 |
Mary Jeanne Packer Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jill Mackenzie Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $692,542 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $692,542 |
| Total Program Service Revenue | $0 |
| Investment income | $7,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $700,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $497,966 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $304,952 |
| Pension plan accruals and contributions | $13,073 |
| Other employee benefits | $29,151 |
| Payroll taxes | $21,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,069 |
| Advertising and promotion | $1,423 |
| Office expenses | $858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | -$1,852 |
| Travel | $8,035 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,115 |
| Interest | $879 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,021 |
| Insurance | $3,804 |
| All other expenses | $0 |
| Total functional expenses | $949,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,884 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $413,462 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,184 |
| Total liabilities | $41,184 |
| Net assets without donor restrictions | $372,278 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $413,462 |
Grants Awarded
Over the last fiscal year, New York Farm Viability Institute Inc has awarded $488,818 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CORNELL UNIVERSITY PURPOSE: ENHANCING FARM PRODUCTIVITY AND PROFITABILITY THROUGH VARIOUS PROJECTS | $402,846 |
NORTHEAST ORGANIC FARMING ASSOCIATION OF NY PURPOSE: TOPIC SPECIFIC DAIRY PROFIT TEAMS IN PASTURE MANAGEMENT | $24,780 |
CADE PURPOSE: TOPIC SPECIFIC DAIRY PROFIT TEAMS IN SELECTIVE DRY COW THEARPY. | $14,105 |
MIDSTATE VETERINARY SERVICES PLLC PURPOSE: ENABLING VETERINARIANS TO ASSIST OTHER VETERINARIANS TO PROMOTE THE ADOPTION OF SELECTIVE DRY COW THERAPY. | $7,500 |
COUNTRYSIDE VETERINARY CLINIC LLP PURPOSE: IMPLEMENT SELECTIVE DRY COW TREATMENT (SDCT) PROTOCOLS IN 15 NY DAIRY FARMS. | $7,087 |
PALMER VETERINARY CLINIC PURPOSE: ENABLING VETERINARIANS TO ASSIST OTHER VETERINARIANS TO PROMOTE THE ADOPTION OF SELECTIVE DRY COW THERAPY. | $12,500 |