Bountifield International
- Assets
- $1.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Minneapolis, MN
- Founding
- 07/1981
- Data as of
- 06/2021
- EIN
- 41-1400421
Organization Overview
Bountifield International is located in Minneapolis, MN. The organization was established in 1981. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Bountifield International employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bountifield International 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 06/2021, Bountifield International generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 10.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
BOUNTIFIELD IS A POSTHARVEST TECHNOLOGY SOLUTIONS PROVIDER FOR SMALLHOLDER FARMERS IN AFRICA, HELPING THE MOST VULNERABLE TO PROCESS THEIR FOOD MORE EFFICIENTLY AND BRING THEIR CROPS TO MARKET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAVUNO BORA PROJECT IN KENYA IS PROVIDING TECHNOLOGY, BUSINESS DELIVERY SERVICES AND FINANCING SUPPORT TO MICRO-ENTERPRISES AND RURAL ENTREPRENEURS SO THEY CAN DEVELOP A SMALL BUSINESS HELPING SMALLHOLDER FARMERS TO PROCESS, SAVE AND SELL MORE FOOD IN THEIR LOCAL COMMUNITY. IN JUST ONE SEASON, 17 ENTREPRENEURS RECIEVED TOOLS AND TRAINING, 4369 FARMERS BENEFITED. 4540 DAYS OF LABOR WERE SAVED FOR THRESHING, WINNOWING AND SHELLING CROPS. 2 WHITE PAPERSWERE PUBLISHED.
THE YOMBAL MBOJJ PROJECT WORKED WITH WOMEN'S GROUPS IN SENEGAL TO CREATE SMALL BUSINESSES WITH THRESHERS AND PORTABLE MILLING TECHNOLOGY FOR PROCESSING LOCALLY PRODUCED CROPS. BOUNTIFIELD GRINDERS WERE USED TO MAKE VALUE ADDED PRODUCTS, INCLUDING BLENDED FLOURS, GROUND SPICES, AND NUTRITIOUS SNACKS. BOUNTIFIELD CREATED ACCESS FOR FARMERS TO 21 OPERATING THRESHERS FOR PEARL MILLET. BOUNTIFIELD WORKED WITH LOCAL AGRODEALERS TO DISTRIBUTE AND SELL 46 GRINDERS TO WOMEN'S GROUPS . 37 WOMEN'S GROUPS REGISTERED THEIR BUSINESS WITH THE CHAMBER OF COMMERCE.
THE MALAWI ACTIVITIES CENTERED AROUND INTRODUCING AND TESTING GROUNDNUT SHELLING TECHNOLOGY FOR SMALL-SCALE ENTREPRENEURS. 11 ENTREPRENEURS. 1,767 FARMERS BENEFITED. 169 KILOGRAMS OF GROUNDNUTS WERE SHELLED. THE MONETIZED ADDED VALUE FROM FARMERS SELLING NUTS AND SAVING TIME WAS JUST UNDER $47,000. TOTAL TIME SAVED WAS 36,335 DAYS OF LABOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Spieldoch Executive Dir. | OfficerTrustee | 40 | $102,400 |
Lee Wallace Former Chair | OfficerTrustee | 1 | $0 |
Al Sullivan Treasurer | OfficerTrustee | 1 | $0 |
Andrea Kajer Secretary | OfficerTrustee | 1 | $0 |
Bernhard Van Lengerich Vice Chair | OfficerTrustee | 1 | $0 |
Renee Munro Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $489,516 |
| All other contributions, gifts, grants, and similar amounts not included above | $833,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,323,371 |
| Total Program Service Revenue | $0 |
| Investment income | $5,436 |
| 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 | $1,328,807 |
| 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 | $102,400 |
| Other salaries and wages | $88,939 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,554 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $742,895 |
| Advertising and promotion | $2,274 |
| Office expenses | $9,760 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,763 |
| Travel | $34,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,584 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,499 |
| All other expenses | $3,139 |
| Total functional expenses | $1,255,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,001 |
| Savings and temporary cash investments | $491,847 |
| Pledges and grants receivable | $38,621 |
| 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 | $484,260 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $147,711 |
| Total assets | $1,164,440 |
| Accounts payable and accrued expenses | $126,606 |
| 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 | $80,904 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $207,510 |
| Net assets without donor restrictions | $528,762 |
| Net assets with donor restrictions | $428,168 |
| 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 | $1,164,440 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Bountifield International has recieved totaling $50,203.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: UNRESTRICTED USE | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $12,850 |
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, INTERNATIONAL RELATIONS | $5,500 |
Demar Foundation Inc Plymouth, MN PURPOSE: SOCIAL SERVICE | $4,000 |
Quaker Hill Foundation Inc North Andover, MA PURPOSE: SHE FEEDS AFRICA CAMPAIGN AND GENERAL SUPPORT | $3,950 |
Pomeroy Family Foundation Mechanicsburg, PA PURPOSE: GENERAL USE OF CHARITY | $3,500 |
Endowment Analysis
| Beg. Balance | $122,812 |
| Earnings | -$6,455 |
| Ending Balance | $116,357 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Health Ministries Minneapolis, MN | $6,370,809 | $5,877,190 |
Common Hope Inc Saint Paul, MN | $9,018,791 | $5,078,357 |
New Vision Foundation St Paul, MN | $1,210,057 | $3,502,088 |
Outreach Inc Union, IA | $5,436,657 | $3,524,242 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Healing Haiti Scandia, MN | $4,534,064 | $2,435,837 |
Wellshare International Minneapolis, MN | $940,048 | $2,573,220 |
Global Volunteers St Paul, MN | $705,356 | $1,579,657 |
Friends Of Chimbote Fargo, ND | $1,065,723 | $1,925,086 |
Water For Life Kalona, IA | $4,945,451 | $1,516,514 |
Bountifield International Minneapolis, MN | $1,164,440 | $1,328,807 |
Operation Bootstrap-Africa Minneapolis, MN | $1,772,257 | $1,519,929 |