Farmsahel
- Assets
- $46.1k
- Revenue
- $63.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bergenfield, NJ
- Founding
- 10/2019
- Data as of
- 12/2023
- EIN
- 83-4632399
Organization Overview
Farmsahel is located in Bergenfield, NJ. The organization was established in 2019. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmsahel 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 12/2023, Farmsahel generated $63.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $55.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO UNLOCK THE POTENTIAL OF SAHEL COMMUNITIES TO ACHIEVE ECONOMIC FREEDOM THROUGH SUSTAINABLE PERMACULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD GROWTH THROUGH REGENERATIVE CULTIVATION THE GOAL OF THIS PROGRAM IS TO INCREASE COMMUNITY SOCIAL-EQUALITY AND REDUCE POVERTY. IT SUPPLIES SEEDS AND NATURAL FERTILIZERS AND CREATE EDUCATION ON REGENERATIVE CULTIVATION THROUGH A LAYAWAY SAVINGS SYSTEM CALLED FARMWALLET. THROUGH THIS PROGRAM, WE ALSO ORGANIZE FARMERS INTO COOPERATIVES AND TRAIN MEMBERS ON COOPERATIVE MANAGEMENT, TRANSFORMATIONAL LEADERSHIP, AND ENTREPRENEURSHIP.
CLIMATE RESILIENCE THROUGH LAND CONSERVATION. IN 2021, FARMSAHEL STARTED PARTNERING WITH FARMING COMMUNITIES AROUND THE SAHEL, STARTING IN BURKINA FASO TO REVERSE POVERTY AND DEFORESTATION. THE GOAL IS TO ESTABLISH A PERMANENT FOREST ECOSYSTEM THAT WILL BE RESPONSIBLY MANAGED TO ENSURE IT DELIVERS BENEFITS FOR COMMUNITIES, WILDLIFE, AND THE ENVIRONMENT. WE PLANT TREES AND EDUCATE COMMUNITIES ON THEIR PROPER AFTER CARE, AND THE BENEFITS OF IMPROVED FORESTRY PRACTICES.TO DATE, WE HAVE PLANTED 100 TREES, AND WE ARE NOT FOCUSING ON THE NUMBER OF TREES PLANTED, BUT ON THE NUMBER OF TREES GROWN.
COMMUNITY DEVELOPMENT THROUGH RENEWABLE RESOURCES. THE GOAL OF THIS PROGRAM IS TO IMPROVE COMMUNITY LIVELIHOODS AND CARE FOR OUR EARTH . WE WANT TO BUILD EDUCATION CENTERS POWERED BY RENEWABLE RESOURCES (INTERNET AND ELECTRICITY POWERED BY RENEWABLE TECHNOLOGIES), BUILD WELLS FOR DRIP IRRIGATION, AND INTRODUCE RENEWABLE COMPOSTING PRACTICES, SOIL AND WATER CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madjalia Seynou Executive Director | Trustee | 30 | $0 |
Cynthia Ouedraogo Trustee | Trustee | 1 | $0 |
Bassirou Compaore Trustee | Trustee | 1 | $0 |
Erin Fairbanks Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,867 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,486 |
| Pension plan accruals and contributions | $459 |
| Other employee benefits | $0 |
| Payroll taxes | $113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,548 |
| Advertising and promotion | $1,017 |
| Office expenses | $0 |
| Information technology | $1,331 |
| Royalties | $0 |
| Occupancy | $2,557 |
| Travel | $3,612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,852 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $391 |
| Total functional expenses | $55,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,912 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,335 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,860 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,107 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $46,107 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $46,107 |