Gofarm
- Assets
- $309.6k
- Revenue
- $787.1k
- Investments
- $0.0
- Employees
- 17
- Location
- Golden, CO
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-2823438
Organization Overview
Gofarm is located in Golden, CO. The organization was established in 2015. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Gofarm employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gofarm 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, Gofarm generated $787.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.4% each year . All expenses for the organization totaled $856.5k 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
GOFARM'S MISSION IS TO INCREASE THE SUPPLY OF AND ACCESS TO AFFORDABLE, FRESH, HEALTHY, LOCAL FOOD IN COLORADO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL FOOD SHARE: GOFARM CONNECTS THE COMMUNITY TO LOCAL AGRICULTURE THROUGH A MULTI-FARM COMMUNITY SUPPORTED AGRICULTURE (CSA) PROGRAM. PARTICIPANTS SIGN UP FOR A FULL SEASON OF FRESH, LOCAL, SUSTAINABLY-GROWN FOOD. EACH WEEK DURING THE SEASON PARTICIPANTS TAKE HOME FRESH, LOCAL, SEASONAL PRODUCE AND RECEIVE RECIPE INSPIRATION, COOKING TIPS, AND MORE; GET TO KNOW THEIR LOCAL FARMERS AND LEARN ABOUT HOW AND WHERE THEIR FOOD IS GROWN; AND MAKE AN INCREDIBLE IMPACT THE LOCAL FOOD SYSTEM AND CONTRIBUTE TO A WEB OF POSITIVE CHANGE IN THE COMMUNITY.
FARMER ASSISTANCE: THE GOFARM INCUBATOR TRAINS AND MENTORS BEGINNING FARMERS, HELPING THEM START THEIR OWN FARM AND REDUCING THE BARRIERS OF ENTRY INTO A CAREER IN AGRICULTURE, ESPECIALLY FOR BIPOC, LGBTQIA+, WOMEN, AND VETERAN FARMERS. WE PROVIDE ACCESS TO LAND, INFRASTRUCTURE, TECHNICAL ASSISTANCE, CLASSROOM CURRICULUM, AND MENTORSHIP. WE ALSO SUPPORT LOCAL FARMERS WITH RENTAL EQUIPMENT AND SALES OPPORTUNITIES.
COMMUNITY FOOD ACCESS: GOFARM REDUCES BARRIERS AROUND ACCESSING AND AFFORDING LOCAL FOOD, INVITING EVERYONE TO BE PART OF THEIR LOCAL FOOD SYSTEM. WE COLLABORATE WITH COMMUNITY ORGANIZATIONS TO HOST LOCAL FOOD MARKETS AT CONVENIENT TIMES AND LOCATIONS, OFFER FINANCIAL INCENTIVES ON LOCAL FOOD PURCHASES, AND ADVOCATE FOR SYSTEMIC CHANGE TOWARD FOOD EQUITY. IN ADDITION, WE PROVIDE LOCAL FARMERS WITH AN ADDITIONAL SALES OUTLET WHERE THEY CAN REACH NEW AUDIENCES AND TAKE PART IN AN INCLUSIVE AND TRANSPARENT LOCAL FOOD SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Traci Case Board Chair | OfficerTrustee | 1.5 | $0 |
Quentin Morse Treasurer | OfficerTrustee | 1.5 | $0 |
Jacob Mathews Secretary | OfficerTrustee | 1.5 | $0 |
Virgina Ortiz Exec Director | Officer | 40 | $121,060 |
Jason Guerrero Board Member | Trustee | 1.5 | $0 |
Miranda Ericksen Vice Chair | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,453 |
| Related organizations | $0 |
| Government grants | $325,256 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,983 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $646,692 |
| Total Program Service Revenue | $21,345 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,028 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $103,065 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $787,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,000 |
| 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. | $121,060 |
| Compensation of current officers, directors, key employees. | $84,597 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $369,455 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,326 |
| Payroll taxes | $41,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,922 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,856 |
| Advertising and promotion | $2,636 |
| Office expenses | $8,285 |
| Information technology | $15,262 |
| Royalties | $0 |
| Occupancy | $20,641 |
| Travel | $12,463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $669 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,292 |
| Insurance | $14,476 |
| All other expenses | $10,949 |
| Total functional expenses | $856,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,575 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $61,794 |
| 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 | $7,313 |
| Net Land, buildings, and equipment | $89,886 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $309,568 |
| Accounts payable and accrued expenses | $37,937 |
| 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 | $8,683 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,620 |
| Net assets without donor restrictions | $126,565 |
| Net assets with donor restrictions | $136,383 |
| 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 | $309,568 |
Grants Awarded
Over the last fiscal year, Gofarm has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN ACTION GUILD INC PURPOSE: Food Pantry Assistance | $8,000 |
GOLDEN BACKPACK PROGRAM INC PURPOSE: Food Pantry Assistance | $8,000 |