Midwest Forage Association
- Assets
- $201.1k
- Revenue
- $229.9k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 08/1994
- Data as of
- 12/2023
- EIN
- 41-1297372
Organization Overview
Midwest Forage Association is located in St Paul, MN. The organization was established in 1994. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Forage Association 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, Midwest Forage Association generated $229.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $203.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 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 ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATION TO IMPROVE PRODUCER AND AGRIBUSINESS PROFITABILITY FROM FORAGES WHILE RESPECTING OUR ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS:ALL MEMBERS HAVE ACCESS TO "CLIPPINGS," THE MIDWEST FORAGE ASSOCIATION'S ONLINE NEWSLETTER. "CLIPPINGS" CONTAINS BREAKING NEWS PERTAINING TO THE FORAGE INDUSTRY AS WELL AS CURRENT AND UP-AND-COMING EVENTS OFFERED TO MEMBERS. THE PRIMARY PURPOSE OF THE NEWSLETTER IS EDUCATION AND THE TIMELY DISSEMMATION OF INFORMATION FOR MEMBERS.THE MIDWEST FORAGE ASSOCIATION ALSO PROVIDES VALUABLE INFORMATION TO IT'S MEMBERS THROUGH "FORAGE FOCUS," MFA'S MINI-MAGAZINE. THE MAGAZINE INCLUDES FEATURED ARTICLES AND PHOTOGRAPHS IN THE AREAS OF COMMERCIAL HAY, EQUINE, BEEF, DAIRY, GRAZERS, FORAGE RESEARCH, AND EQUIPMENT. EACH ISSUE ALSO FEATURES INTERVIEWS WITH LEADING FORAGE PRODUCERS, PACKED WITH GREAT PRODUCER-TESTED IDEAS. MEMBERS ARE ALSO ENCOURAGED TO SUBMIT QUESTIONS FOR OUR "ASK THE EXPERTS" COLUMN.MEMBERS ARE PROVIDED ACCESS TO THE LATEST FORAGE MANAGEMENT THROUGH THE ANNUAL FORAGE CONFERENCE AND FORAGE EXPO. THIS ANNUAL EVENT ALONG WITH THE FIELD DAYS, WORKSHOPS, AND CONFERENCES PROVIDE ACCESS TO FORAGE RESEARCHES, INDUSTRY REPRESENTATIVES, AND LEADING AG PRODUCERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Welch Director | Trustee | 0 | $0 |
Jodi Myers Secretary | OfficerTrustee | 0 | $0 |
Dan Floor Director | Trustee | 0 | $0 |
William D Taunton CPA Treasurer | OfficerTrustee | 0 | $0 |
Dan Funke Director | Trustee | 0 | $0 |
Mike Rankin Ex Officio | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,518 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,518 |
| Total Program Service Revenue | $100,580 |
| Investment income | $442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $81,375 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $229,915 |
| 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 | $23,070 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $1,683 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,567 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,208 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $609 |
| All other expenses | $14,917 |
| Total functional expenses | $203,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,069 |
| 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 | $201,069 |
| 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 | $201,069 |
| 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 | $201,069 |