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 12/2021, Agva Foundation generated $43.0k 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 (21.1%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Agva Foundation has awarded 33 individual grants totaling $184,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Cole President | 1 | $0 | |
Charles Souder Board Direct | 1 | $0 | |
Thomas Hurd Vice Preside | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $20,000 |
Interest on Savings | $687 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $22,326 |
Total Revenue | $43,013 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $9,780 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,191 |
Total operating and administrative expenses | $12,171 |
Contributions, gifts, grants paid | $46,000 |
Total expenses and disbursements | $58,171 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,786 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $50,000 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $205,786 |
Accounts payable and accrued expenses | $1,249 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,249 |
Over the last fiscal year, Agva Foundation has awarded $44,200 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
FARM RESCUE PURPOSE: PROVIDE VALUABLE SERVICE FOR FARMERS | $2,500 |
CENTRAL GARDENS OF NORTH IOWA INC PURPOSE: SUPPORT PUBLIC GARDEN | $10,000 |
CERRO GORDO COUNTY EXTENSION PURPOSE: RISING STAR & MASTER GARDENER PROGRA | $6,700 |
NORTH IOWA CHRISTIAN SCHOOL PURPOSE: FUND A AG CLASS | $10,000 |
FARM FOUNDATION PURPOSE: PROVIDE SERVICES FOR FARMERS | $5,000 |
NORTH IOWA AG IN THE CLASSROOM PURPOSE: AG IN THE CLASSROOM | $5,000 |