International Institute For Agriculture Risk Management
- Assets
- $3.1k
- Revenue
- $500.0
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 03/2009
- Data as of
- 12/2018
- EIN
- 26-0641895
Organization Overview
International Institute For Agriculture Risk Management is located in Billings, MT. The organization was established in 2009. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations.
For the year ending 12/2018, International Institute For Agriculture Risk Management generated $500.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (72.0%) each year. All expenses for the organization totaled $1.3k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (64.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING PROJECTS IN UKRAINE TO EFFICIENTLY PROVIDE THE KNOWLEDGE AND TECHNICAL CAPACITY TO DEVELOP THE LOCAL EXPERTISE AND OPERATIONAL SUPPORT REQUIRED BY PRIVATE INDUSTRY AND GOVERNMENT INVOLVED IN THE DEVELOPMENT, ADMINISTRATION, AND DELIVERY OF APPROPRIATELY DESIGNED CROP INSURANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myles Watts Chairman | 4 | $0 | |
Tim Watts Director | 4 | $0 | |
Gus Schumacher Vice-Chairman | 4 | $0 | |
Cathy Cullen Secretary | 4 | $0 | |
Robert Weeks Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,285 |
| Total operating and administrative expenses | $1,285 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,845 |
| Other assets | $0 |
| Total assets | $3,078 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $20,000 |
| Total liabilities | $20,000 |