Agribusiness Freedom Foundation is located in Colorado Springs, CO. The organization was established in 2006. According to its NTEE Classification (K05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agribusiness Freedom Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Agribusiness Freedom Foundation generated $89.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $87.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING FREE MARKET PRINCIPLES THROUGH THE AGRICULTURAL FOOD CHAIN THROUGH COMMUNICATION INITIATIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFF SENTINEL NEWSLETTER - 61 ISSUES FROM JULY 1, 2020 THRU JUNE 30, 2021
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Dittmer Exec VP | Officer | 50 | $55,030 |
Steve Foglesong Director | Trustee | $0 | |
John Maddux Director | Trustee | $0 | |
Jon Means Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $8,150 |
All other contributions, gifts, grants, and similar amounts not included above | $81,698 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $89,848 |
Total Program Service Revenue | $0 |
Investment income | $1 |
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 | $89,849 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $55,030 |
Compensation of current officers, directors, key employees. | $19,260 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,720 |
Payroll taxes | $4,143 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,496 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,864 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,818 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $6,306 |
Total functional expenses | $87,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,976 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $16,304 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $21,280 |
Accounts payable and accrued expenses | $11,289 |
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 | $0 |
Total liabilities | $11,289 |
Net assets without donor restrictions | $0 |
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 | $9,991 |
Total liabilities and net assets/fund balances | $21,280 |
Over the last fiscal year, we have identified 1 grants that Agribusiness Freedom Foundation has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Kansas Livestock Association Topeka, KS PURPOSE: To support free market information and education efforts | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Land Institute Salina, KS | $18,271,506 | $6,275,774 |
Project Apis M Salt Lake City, UT | $3,189,552 | $1,972,180 |
Oklahoma Genetics Inc Stillwater, OK | $2,638,036 | $1,985,246 |
Kimmel Orchard & Vineyard Educational Foundation Inc Lincoln, NE | $5,460,930 | $2,036,538 |
Zoology Foundation At Crooked Willow Farms Larkspur, CO | $24,995,121 | $945,649 |
Paula And Cabot Sedgwick Family Foundation Nogales, AZ | $12,361,746 | $620,079 |
Kansas Rural Center Wichita, KS | $141,855 | $205,788 |
Earths Harvest Inc Manhattan, KS | $69,868 | $106,137 |
Pikes Peak Makerspace Colorado Springs, CO | $44,865 | $0 |
Agribusiness Freedom Foundation Colorado Springs, CO | $21,280 | $89,849 |
Foundation Of Cannabis Unified Standards Inc Scottsdale, AZ | $160,065 | $41,800 |