Sprouting Farms Corp

Organization Overview

Sprouting Farms Corp is located in Talcott, WV. The organization was established in 2017. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Sprouting Farms Corp employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sprouting Farms Corp 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, Sprouting Farms Corp generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 74.3% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO WORK WITH LOCAL FARMERS, AND TO EXPAND MARKETS FOR THEIR PRODUCTS, INCLUDING SALES TO SCHOOLS AND LOCAL FARMERS MARKETS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPING NEW & EXISTING FARM BUSINESSES & INCREASING LOCAL FOOD PRODUCTION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,050,871
All other contributions, gifts, grants, and similar amounts not included above$186,538
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,237,409
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 $241,942
Miscellaneous Revenue$0
Total Revenue $1,479,351

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