Farms For Orphans Inc
- Assets
- $153.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loveland, CO
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-4045225
Organization Overview
Farms For Orphans Inc is located in Loveland, CO. The organization was established in 2015. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Farms For Orphans 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, Farms For Orphans Inc generated $127.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $96.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MOVING FROM PILOT STAGE OF PALM WEEVIL PRODUCTION TO COMMERCIAL PRODUCTION, AT THREE FARMING HUBS, OF 1 T (WET WEIGHT)/MONTH BY 2024.DEVELOPMENT OF PWL FARMING MANUALS FOR OUTGROWER MODELSDEVELOPMENT OF 2 COST-EFFECTIVE PWL FEED RECIPES, BASED ON AVAILABLE RESOURCES,45$ PROTEIN, $4.50USD/KG.GENDER AND AGE INTENTIONAL PWL FARMER TRAINING (20 WOMEN FARMERS, 20 YOUTH FARMERS WITH 75% WOMEN) FOR COMMERCIAL USE AND FAMILY CONSUMPTION.DEVELOPMENT OF FARMING PROCEDURES FOR PRODUCTION OF PW BREEDING STOCK.SUSTAINABLE PRODUCTION OF PW BREEDING STOCK FOR PWL FARMERS IN KINSHASA BY 2024.PROVIDE PALM WEEVIL FARMING TRAINING AND SUPPORT TO PRIMARY SCHOOLS AND ORPHANAGES IN KINSHASA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Franklin CEO & President | 20 | $0 | |
Alan Franklin Treasurer | 1 | $0 | |
Jeanne Cunkelman Secretary | 1 | $0 | |
Beth Hutchinson Ext. Accountant | 1 | $0 | |
Kelly Foerster Ext. Accountant | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,597 |
| Total Program Service Revenue | $2,924 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,405 |
| Professional fees and other payments to independent contractors | $11,746 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,743 |
| Total expenses | $96,894 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,289 |
| Other assets | $0 |
| Total assets | $153,013 |
| Total liabilities | $1,320 |
| Net assets or fund balances | $151,693 |