Family Agriculture Resource Management Services
- Assets
- $551.9k
- Revenue
- $720.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Charlotte, NC
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4623115
Organization Overview
Family Agriculture Resource Management Services, operating under the name Farms, is located in Charlotte, NC. The organization was established in 2014. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farms 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 12/2021, Farms generated $720.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 65.7% each year . All expenses for the organization totaled $276.8k during the year ending 12/2021. 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
FAMILY AGRICULTURE RESOURCE MANAGEMENT SERVICES (FARMS) EXIST TO PROTECT THE FAMILY FARMER THROUGH EDUCATION AND RETAIL MARKET EXPANSION WHILE RELIEVING HUNGER IN THE FARMER'S COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FARMERS FUND PROVIDES ASSISTANCE TO SMALL FARMERS IN FINANCIAL CRISES TO PAY FOR IMMEDIATE EXPENSES LIKE EQUIPMENT REPAIR, NATURAL DISASTER, AND OTHER RELATED EXPENSES.
FOOD BANK PROGRAM PURCHASES PRODUCE FROM FARMERS AND COVERS FREIGHT COST FOR THE TRANSPORTATION OF PRODUCE WHICH IS THEN DONATED TO FOOD BANKS AND HUNGER RELIEF PARTNERS.
FARMERS LEGAL FUND PROVIDES LEGAL SERVICES TO FARMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jillian Hishaw Executive Director | OfficerTrustee | 40 | $70,000 |
Robert Lewis President | OfficerTrustee | 1 | $0 |
Rodney Patterson Director | Trustee | 1 | $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 | $719,933 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $719,933 |
| Total Program Service Revenue | $0 |
| Investment income | $250 |
| 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 | $720,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,760 |
| Grants and other assistance to domestic individuals. | $78,401 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,000 |
| Compensation of current officers, directors, key employees. | $28,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,124 |
| Fees for services: Accounting | $14,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,573 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,962 |
| Advertising and promotion | $17,690 |
| Office expenses | $395 |
| Information technology | $10,052 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,768 |
| 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 | $122 |
| Insurance | $0 |
| All other expenses | $2,434 |
| Total functional expenses | $276,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,643 |
| 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 | $1,303 |
| Other assets | $0 |
| Total assets | $551,946 |
| 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 | $551,946 |
| 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 | $551,946 |
Grants Awarded
Over the last fiscal year, Family Agriculture Resource Management Services has awarded $23,626 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Big Island, VA PURPOSE: The purpose of Food Bank Grant is to provide assistance to food banks to purchase produce from farmers and help cover the freight cost for the transport of produce. | $6,463 |
Big Island, VA PURPOSE: The purpose of Food Bank Grant is to provide assistance to food banks to purchase produce from farmers and help cover the freight cost for the transport of produce. | $6,463 |
Oakland, CA PURPOSE: The purpose of Food Bank Grant is to provide assistance to food banks to purchase produce from farmers and help cover the freight cost for the transport of produce. | $5,350 |
Oakland, CA PURPOSE: The purpose of Food Bank Grant is to provide assistance to food banks to purchase produce from farmers and help cover the freight cost for the transport of produce. | $5,350 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Family Agriculture Resource Management Services has recieved totaling $1,615,200.
| Awarding Organization | Amount |
|---|---|
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $500,000 |
Rudolf Steiner Foundation Inc San Francisco, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $55,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,000 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Foundation Inc Raleigh, NC | $52,338,286 | $27,866,306 |
Journey Community Schools Inc Memphis, TN | $16,345,861 | $21,829,852 |
American Association Of School Administrators Inc Alexandria, VA | $25,509,249 | $12,791,063 |
Virginia Commonwealth University School Of Business Foundation Richmond, VA | $84,853,521 | $9,838,833 |
Oak Service Corporation Memphis, TN | $2,447,800 | $4,272,484 |
Challenge Foundation Properties Inc Forest City, NC | $29,091,994 | $2,761,233 |
Union Square Campus Inc Greensboro, NC | $23,257,665 | $2,077,475 |
Georgia Leadership Institute For School Improvement Inc Duluth, GA | $3,684,980 | $2,207,807 |
The Circe Institute Inc Concord, NC | $692,773 | $1,911,107 |
Communities In Schools Of Virginia Richmond, VA | $3,555,532 | $2,971,566 |
Career And Technical Education Consortium Of States Inc Decatur, GA | $4,025,565 | $2,047,533 |
Tennessee Independent Colleges And Universities Nashville, TN | $3,991,312 | $1,720,548 |