Sprout Urban Farms Inc
- Assets
- $446.8k
- Revenue
- $587.4k
- Investments
- $0.0
- Employees
- 13
- Location
- Battle Creek, MI
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 45-3707870
Organization Overview
Sprout Urban Farms Inc is located in Battle Creek, MI. The organization was established in 2012. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Sprout Urban Farms Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sprout Urban Farms 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 12/2022, Sprout Urban Farms Inc generated $587.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $434.4k during the year ending 12/2022. 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
WE ARE A BATTLE CREEK COMMUNITY FOOD NETWORK OF BACKYARD, COMMUNITY AND INSTITUTIONAL GARDENERS AND FARMERS, SHARING RESOURCES AND EDUCATIONAL OPPORTUNITIES WITH A FOCUS ON IMPROVING FOOD ACCESS FOR ALL THE RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION, NETWORKING, FOOD ACCESS AND YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Andrews Executive Di | Officer | 40 | $52,861 |
Jared Kirtley President | OfficerTrustee | 0.1 | $0 |
Barbie Hillman Treasurer | OfficerTrustee | 0.1 | $0 |
Joan Norris Miller Secretary | OfficerTrustee | 0.1 | $0 |
Caitlynn Newman Director | Trustee | 0.1 | $0 |
Gianna Andert Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $342 |
| Related organizations | $0 |
| Government grants | $257,645 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,254 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $513,241 |
| Total Program Service Revenue | $9,733 |
| Investment income | $103 |
| 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 | $64,357 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $587,434 |
| 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. | $51,292 |
| Compensation of current officers, directors, key employees. | $51,292 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $189,945 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,952 |
| Payroll taxes | $20,189 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,217 |
| Advertising and promotion | $23,028 |
| Office expenses | $962 |
| Information technology | $1,474 |
| Royalties | $0 |
| Occupancy | $35,287 |
| Travel | $8,335 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $278 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,401 |
| Insurance | $1,773 |
| All other expenses | $1,371 |
| Total functional expenses | $434,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,326 |
| Savings and temporary cash investments | $26,152 |
| Pledges and grants receivable | $222,500 |
| Accounts receivable, net | $4,535 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,067 |
| Prepaid expenses and deferred charges | $1,932 |
| Net Land, buildings, and equipment | $18,279 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $446,791 |
| Accounts payable and accrued expenses | $36,631 |
| Grants payable | $0 |
| Deferred revenue | $40,751 |
| 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 | $77,382 |
| Net assets without donor restrictions | -$18,568 |
| Net assets with donor restrictions | $387,977 |
| 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 | $446,791 |