Council On Food Agricultural And Resource Economics Inc
- Assets
- $116.2k
- Revenue
- $114.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 11/1994
- Data as of
- 12/2023
- EIN
- 36-3929032
Organization Overview
Council On Food Agricultural And Resource Economics Inc is located in New Brunswick, NJ. The organization was established in 1994. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council On Food Agricultural And Resource Economics 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 12/2023, Council On Food Agricultural And Resource Economics Inc generated $114.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $108.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE COUNCIL ON FOOD, AGRICULTURAL & RESOURCE ECONOMICS (C- FARE) IS TO TRANSLATE KNOWLEDGE GENERATED BY AGRICULTURAL AND APPLIED ECONOMICS PROFESSIONALS INTO EDUCATIONAL PROGRAMMING DIRECTED TO POLICY- MAKERS, CONGRESSIONAL STAFF, STAKEHOLDERS, AND LEADERS IN THE FEDERAL ADMINISTRATION. IN DEMONSTRATING THE VALUE OF THE PROFESSION TO THESE GROUPS, C-FARE INCREASES PUBLIC APPRECIATION FOR RESEARCH, EXTENSION, OUTREACH, AND ACADEMIC PROGRAMS IN AGRICULTURAL AND APPLIED ECONOMICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1)BRANDT FORUM: ACCESS TO HEALTH CARE, AFFORDABLE HOUSING, HIGH-SPEED INTERNET AND ECONOMIC DEVELOPMENT ARE NOT UNIQUE TO THE COUNTRYSIDE, BUT RURAL GEOGRAPHY CREATES UNIQUE CONSTRAINTS TO ADDRESSING THESE CHALLENGES. THE PANEL DISCUSSION INSIDE THE HOUSE OF REPRESENTATIVES' AGRICULTURE COMMITTEE HEARING ROOM RANGED FROM THE SHIFTING BUSINESS MODELS (AND CLOSURE) OF RURAL HOSPITALS, UNIVERSITY EXTENSION OFFICES' EFFORTS, HOUSING IN SMALL COMMUNITIES AND RURAL BROADBAND INTERNET. A VIDEO OF THE FORUM WAS PRODUCED AND IS AVAILABLE ON C-FARE'S YOUTUBE CHANNEL.
THE COUNCIL ON FOOD, AGRICULTURAL AND RESOURCE ECONOMICS SUITE OF EDUCATION AND OUTREACH PROGRAMS ADVANCE KNOWLEDGE AND OPPORTUNITIES ACROSS THE NETWORKS OF THE AGRICULTURAL ECONOMICS PROFESSION WHILE CONNECTING THEM WITH STAKEHOLDERS AND POLICYMAKERS WHO CAN USE RESEARCH AND ANALYSIS IN THEIR DECISION MAKING. EDUCATIONAL PROGRAMS INCLUDE WEBINAR SERIES, CONGRESSIONAL BRIEFINGS, INDUSTRY LUNCHEONS AND INTERN BRIEFINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Adjemian Director | Trustee | 1 | $0 |
Lauren Chenarides Director | Trustee | 1 | $0 |
Gal Hochman Board Chair | OfficerTrustee | 10 | $0 |
Joshua Idassi Director | Trustee | 1 | $0 |
Madhu Khanna Director | Trustee | 1 | $0 |
Jane Kolodinsky Program Chai | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $113,521 |
| 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 | $113,521 |
| Total Program Service Revenue | $1,350 |
| Investment income | $7 |
| 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 | $114,929 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $58,553 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| 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 | $0 |
| Information technology | $8,558 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,188 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,656 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $22 |
| Total functional expenses | $108,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,200 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $116,200 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $116,200 |
| 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 | $116,200 |
Grants Awarded
Over the last fiscal year, Council On Food Agricultural And Resource Economics Inc has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CAYENNE CONSULTING LLC PURPOSE: Capacity Project Consulting | $17,000 |
CRUCIAL ECONOMICS GROUP LLC PURPOSE: OCE Ecosystem Honorarium | $15,000 |