Recirculating Farms Coalition
- Assets
- $1.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- New Orleans, LA
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 45-2440083
Organization Overview
Recirculating Farms Coalition is located in New Orleans, LA. The organization was established in 2012. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Recirculating Farms Coalition employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recirculating Farms Coalition 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 12/2022, Recirculating Farms Coalition generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 15.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ADVOCATE AND TEST RECIRCULATING FARM TECHNOLOGY AND EDUCATE THE PUBLIC OF ITS BENEFITS TO THE ENVIRONMENT AND GREEN JOB CREATION POSSIBILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH & EDUCATION: THE PURPOSE OF THIS PROGRAM IS TO RAISE AWARENESS ABOUT RECIRCULATING FARMS AND ALSO TO INCREASE PUBLIC INTEREST IN GROWING FRESH LOCAL FOOD. IN ADDITION, THIS PROGRAM SEEKS TO CREATE AWARENESS OF THE POSSIBLITY OF CREATING GREEN JOBS THROUGH BUILDING RECIRCULATING FARMS, ESPECIALLY IN LOW-INCOME AND URBAN COMMUNITIES.
DON'T CAGE OUR OCEANS: THE PURPOSE AND GOALS OF THIS PROGRAM ARE AS FOLLOWS. RAISING AWARENESS AND PROVIDING EDUCATIONAL INFORMATION ON THE DEVELOPMENT OF INDUSTRIAL OFFSHORE AQUACULTURE IN THE UNITED STATES AND ITS IMPACTS ON THE ENVIRONMENTAL AND COASTAL COMMUNITIES.
RESEARCH & TRAINING: THE PURPOSE AND GOALS OF THIS PROGRAM ARE AS FOLLOWS. 1) TO DEVELOP EDUCATIONAL MATERIALS AND PROGRAMS TO TEACH RECIRCULATING FARMING. 2) BUILD A MODEL FARM AS A TRAINING CENTER 3) HOST FARMER TRAINING AND WORKSHOPS. 4) SUPPORT RESEARCH INTO ALTERNATIVE NATURAL FEED SOURCES FOR FARMED FISH TO REPLACE THE USE OF WILD FISH FOR PROTEIN.
ADVOCACY: THE PURPOSE AND GOALS OF THIS PROGRAM ARE AS FOLLOWS. 1) CREATING AN AWARENESS FOR NEED FOR FEDERAL FUNDING AND OTHER SUPPORT FOR RESEARCH AND DEVELOPMENT OF RECIRCULATING FARMS. 2) PROMOTING RECIRCULATING FARMS AS AN ALTERNATIVE TO OCEAN FISH FARMING. 3) ESTABLISHING CLEAR STANDARDS FOR PERMITTING, MONITORING, LABELING AND OPERATION OF RECIRCULATING FARMS. 4) SUPPORTING ACCESS TO HEALTHY FRESH FOOD FOR LOW INCOME AND UNDERSERVED COMMUNITIES AND CHILDREN ESPECIALLY IN SCHOOL FOOD PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Griffith President/director | OfficerTrustee | 1 | $0 |
Ephraim Froelich Director | Trustee | 0.5 | $0 |
Marianne Cufone Executive Director/sec | Officer | 50 | $105,999 |
James H Mitchell Employee | 40 | $106,154 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $418,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $715,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,133,221 |
| Total Program Service Revenue | $18,292 |
| Investment income | $0 |
| 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 | $1,151,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,182 |
| 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. | $108,400 |
| Compensation of current officers, directors, key employees. | $21,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $271,869 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,628 |
| Payroll taxes | $28,759 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,687 |
| Fees for services: Accounting | $2,372 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $541,969 |
| Advertising and promotion | $2,334 |
| Office expenses | $24,628 |
| Information technology | $5,448 |
| Royalties | $0 |
| Occupancy | $5,670 |
| Travel | $10,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $653 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,198 |
| Insurance | $9,990 |
| All other expenses | $0 |
| Total functional expenses | $1,105,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,592,999 |
| 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 | $71,844 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,664,843 |
| Accounts payable and accrued expenses | $1,749 |
| 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 | $1,749 |
| Net assets without donor restrictions | $1,335,356 |
| Net assets with donor restrictions | $327,738 |
| 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 | $1,664,843 |