Advanced Ag Alliance Inc
- Assets
- $14.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Union Springs, NY
- Founding
- 04/2017
- Data as of
- 12/2019
- EIN
- 81-3659984
Organization Overview
Advanced Ag Alliance Inc is located in Union Springs, NY. The organization was established in 2017. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Ag Alliance 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 12/2019, Advanced Ag Alliance Inc generated $47.5k 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 (34.2%) each year. All expenses for the organization totaled $52.5k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
RESEARCH PROJECT FOCUSING ON IDENTIFYING OPTIMUM HYBRID/VARIETY PLACEMENT AND PLANT POPULATION IN CORN AND SOYBEANS GIVEN VARYING SOIL AND CLIMATE CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Savanna Crossman Secretary | 0.05 | $8,000 | |
Todd Dumond President | 0.05 | $0 | |
Jason Swede Vice President | 0.05 | $0 | |
Rodman Lott Treasurer | 0.05 | $0 | |
Scott Arliss Member | 0.05 | $0 | |
Michael Gore Member | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,923 |
| Total Program Service Revenue | $576 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,000 |
| Professional fees and other payments to independent contractors | $7,653 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,875 |
| Total expenses | $52,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,881 |
| Other assets | $0 |
| Total assets | $14,881 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,881 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Advanced Ag Alliance Inc has recieved totaling $65,385.
| Awarding Organization | Amount |
|---|---|
New York Farm Viability Institute Inc Syracuse, NY PURPOSE: CORN AND SOYBEAN SEEDING RATE RECOMMENDATIONS AND VARIETY SELECTIONS | $37,533 |
New York Corn And Soybean Growers Association Inc Silver Springs, NY PURPOSE: CONDUCT RESEARCH, PROMOTION AND EDUCATION PROGRAMS BENEFICIAL TO THE FUTURE OF NYS CORN AND SOYBEAN FARMERS | $27,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Biomedical Initiatives Worcester, MA | $18,513,088 | $4,335,258 |
Association For The Advancement Of Sustainability In Higher Education Philadelphia, PA | $1,920,496 | $2,607,691 |
Pasteur Foundation New York, NY | $1,467,517 | $451,654 |
Boston Biostatistics Research Fdn Inc Framingham, MA | $12,036,898 | $1,996,157 |
Pennsylvania Center For Poultry And Livestock Excellence Harrisburg, PA | $162,499 | $695,826 |
Nature Institute Inc Ghent, NY | $1,219,615 | $541,323 |
Fondation Sante Great Neck, NY | $361,322 | $446,245 |
Nyc Builds Bio Inc New York, NY | $5,531 | $352,473 |
Deltaquest Foundation Inc Concord, MA | $291,972 | $271,699 |
The Micropaleontology Press Foundation Inc Flushing, NY | $138,418 | $259,874 |
International Society For Developmental Psychobiology Inc Oradell, NJ | $130,506 | $0 |
Feed My Sheep Foundation Inc Livonia, NY | $287,275 | $115,096 |