Agricorps Inc
- Assets
- $38.6k
- Revenue
- $238.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Throckmorton, TX
- Founding
- 09/2014
- Data as of
- 07/2024
- EIN
- 46-3335977
Organization Overview
Agricorps Inc is located in Throckmorton, TX. The organization was established in 2014. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agricorps 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 07/2024, Agricorps Inc generated $238.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $202.0k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (9.2%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL-BASED AGRICULTURAL EDUCATION IN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICORPS CREATES AN ENABLING ENVIRONMENT AND BUILDS CAPACITY FOR SCHOOL-BASED AGRICULTURAL EDUCATION SYSTEMS IN DEVELOPING COUNTRIES IN ORDER TO REDUCE GENERATIONAL CYCLES OF HUNGER AND POVERTY. THESE SYSTEMS TRANSFORM LOCAL COMMUNITIES BY DIFFUSING AGRICULTURAL INNOVATIONS TO FARMERS THROUGH IN-SCHOOL YOUTH, AS EARLY ADOPTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Mcknight President | OfficerTrustee | 40 | $0 |
Jennifer Sirangelo Treasurer (jul 23 - Dec 23) | OfficerTrustee | 1 | $0 |
Phil Karsting Secretary | OfficerTrustee | 1 | $0 |
Euler Bropleh Board Member | Trustee | 1 | $0 |
Dr Hamady Diop Board Member | Trustee | 1 | $0 |
Madeleen Husselman Executive Director | Officer | 32 | $22,788 |
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 | $238,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,822 |
| Total Program Service Revenue | $0 |
| 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 | $238,822 |
| 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 | $84,305 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,938 |
| Compensation of current officers, directors, key employees. | $60,938 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,492 |
| Advertising and promotion | $3,375 |
| Office expenses | $4,200 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $500 |
| Travel | $11,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,160 |
| All other expenses | $0 |
| Total functional expenses | $202,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,605 |
| 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 | $38,605 |
| Accounts payable and accrued expenses | -$142 |
| 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 | -$142 |
| Net assets without donor restrictions | $0 |
| 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 | $38,747 |
| Total liabilities and net assets/fund balances | $38,605 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Literacy And Development Midlothian, TX | $1,920,132 | $3,616,336 |
Radler Foundation Fort Worth, TX | $155,276 | $995,000 |
Marketplace Integration And Development Corporation Arlington, TX | $282,885 | $806,088 |
Foundation For Sustainable Living Albuquerque, NM | $5,269,773 | $217,411 |
Agricorps Inc Throckmorton, TX | $38,605 | $238,822 |
Fields Of The Fatherless Georgetown, TX | $503,025 | $120,534 |
Save Indian Farmers Little Rock, AR | $77,756 | $0 |
Seed And Light International Albuquerque, NM | $84,687 | $0 |