Agricultural Lending Institute Inc is located in Clovis, CA. The organization was established in 2016. According to its NTEE Classification (K02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agricultural Lending Institute 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, Agricultural Lending Institute Inc generated $76.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $88.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 4 years. 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
PROVIDE IN-DEPTH TRAINING FOR INDUSTRY PROFESSIONALS TO SUCCEED IN AGRICULTURAL FINANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John C Covington Director/pres. | 4 | $0 | |
Roy S Martin Director/cfo | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
Total Program Service Revenue | $73,650 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $76,650 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $17,170 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $14,624 |
Other expenses | $56,917 |
Total expenses | $88,711 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,770 |
Other assets | $0 |
Total assets | $56,770 |
Total liabilities | $0 |
Net assets or fund balances | $56,770 |
Organization Name | Assets | Revenue |
---|---|---|
Tri-State Livestock Credit Corp Rancho Cordova, CA | $57,367,828 | $5,502,561 |
Outer Atoll Resources Salem, OR | $15,721 | $94,519 |
Napa Seafood Foundation San Rafael, CA | $58,017 | $0 |
Agricultural Lending Institute Inc Clovis, CA | $56,770 | $0 |
Detente Foundation Newport Beach, CA | $0 | $0 |
Fellowship For Perpetual Growth Mountain View, HI | $191,440 | $0 |
Thank A Farmer Las Vegas, NV | $0 | $0 |
Small Scale Farms Portland, OR | $4,584 | $23,595 |
Amorsolo Foundation Incorporated Los Angeles, CA | $0 | $0 |
E&m Foundation Las Vegas, NV | $0 | $0 |