Agva Foundation
- Assets
- $0.0
- Revenue
- $198.5k
- Investments
- $50.0k
- Employees
- 0
- Location
- Mason City, IA
- Founding
- 09/2018
- Data as of
- 12/2020
- EIN
- 82-3835135
Organization Overview
Agva Foundation is located in Mason City, IA. The organization was established in 2018. According to its NTEE Classification (K12) the organization is classified as: Fund Raising & Fund Distribution, 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. Agva Foundation 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 12/2020, Agva Foundation generated $198.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $34.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
GRANTS UNDER THE AGVA FOUNDATION WILL INCLUDE BUT WILL NOT BE LIMITED TO SPONSORSHIPS OF ADULT AND YOUTH PROGRAMS, TRAINING, CONFERENCES, WORKSHOPS, EVENTS AND OTHER GATHERINGS. ALL APPLICANTS MUST BE NON-PROFIT ORGANIZATIONS AND HAVE TAX EXEMPT STATUS FROM THE U.S. INTERNAL REVENUE SERVICE. RECENTLY, THE PROGRAMS EMPHASIS AND GUIDELINES HAVE CHANGED TO REFLECT THE EVOLUTION OF AGRICULTURE OVER THE PAST DECADE AND THERE WILL BE AN ATTEMPT TO FOCUS ON THE FOLLOWING AREAS: PROGRAMS THAT MEET NUTRITIONAL, EDUCATIONAL OR LEADERSHIP NEEDS OF RURAL YOUTH; MENTORING, TRAINING AND OTHER PROGRAMS FOR YOUNG AND BEGINNING FARMERS; CONTINUING EDUCATION AND TRAINING FOR EXISTING FARMERS; LOCAL EVENTS IN RURAL COMMUNITIES THAT PROMOTE AGRICULTURE OR LOCAL FOODS; AND, AGRICULTURAL ENTREPRENEURSHIP EDUCATION AND TRAINING GRANTS MAY BE PROVIDED FOR LOCAL, STATE OR REGIONAL PROGRAMS/EVENTS. GRANTS MAY BE MADE FOR ONE, TWO OR THREE YEAR PERIODS AND WILL BE DISTRIBUTED IN MULTI-YEAR ALLOCATIONS. HOWEVER G
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Cole President | 0 | $0 | |
Steve Trainer Vice Preside | 0 | $0 | |
Thomas Hurd Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $174,335 |
| Interest on Savings | $325 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,831 |
| Total Revenue | $198,491 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,716 |
| Contributions, gifts, grants paid | $31,750 |
| Total expenses and disbursements | $34,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,427 |
| Investments—mortgage loans | $0 |
| Investments—other | $50,000 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Agva Foundation has awarded $31,750 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CLEAR LAKE FFA PURPOSE: SUPPORTING AG EDUCATION | $20,000 |
BELMOND AREA ARTS COUNCIL PURPOSE: TO PURCHASE TARPS OVER BLEACHERS | $6,000 |
Hampton, IA PURPOSE: TO INFORM ABOUT LOCAL FOOD SYSTEM | $5,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Food Bank Association Waterloo, IA | $392,519 | $580,338 |
Iringa Hope Saint Paul, MN | $107,584 | $522,111 |
Central Plains Dairy Foundation Ft Pierre, SD | $57,844 | $0 |
Birds Of Paradise Foundation Rockford, IL | $1,054 | $0 |
Buckets For Hunger Inc Oregon, WI | $18,449 | $113,143 |
Help The Hungry Bake Sale Inc Farmington, MO | $137,336 | $0 |
Hunger Ball Of Sheboygan County Inc Sheboygan, WI | $0 | $0 |
Families-In-Transition Support Network Wisconsin Dells, WI | $54,082 | $0 |
Black Hills Stock Show Foundation Rapid City, SD | $237,385 | $125,108 |
Iowa Pork Foundation Clive, IA | $1,738,348 | $53,914 |
Boone County Auction Association Nfp Inc Kingston, IL | $14,116 | $29,317 |
Harvest In The Gardens Inc Sun Prairie, WI | $2,566 | $38,316 |