California Tomato Research Institute
- Assets
- $1.0m
- Revenue
- $840.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Woodland, CA
- Founding
- 03/1970
- Data as of
- 12/2022
- EIN
- 94-1673568
Organization Overview
California Tomato Research Institute is located in Woodland, CA. The organization was established in 1970. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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. California Tomato Research Institute is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, California Tomato Research Institute generated $840.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $716.3k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING AND ENCOURAGE BASIC AND APPLIED RESEARCH RELATED TO THE CALIFORNIA TOMATO GROWING AND PROCESSING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS RESEARCH GRANTS WERE FUNDED RELATED TO THE GROWING AND PROCESSING OF TOMATOES. SEE ATTACHED LIST OF RESEARCH GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary Bagley Managing Director | 0 | $147,118 | |
Michael Newton Director | Trustee | 1 | $0 |
Toshi Aoki Director | Trustee | 1 | $0 |
Chope Gill Secretary/treas | OfficerTrustee | 1 | $0 |
Derek Azevedo Director | Trustee | 1 | $0 |
Dino Del Carlo Director | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $800,628 |
| Investment income | $5,919 |
| 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 | $840,850 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $451,703 |
| 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. | $147,118 |
| Compensation of current officers, directors, key employees. | $147,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,012 |
| Pension plan accruals and contributions | $28,500 |
| Other employee benefits | $23,856 |
| Payroll taxes | $10,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,133 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,221 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,176 |
| Insurance | $2,203 |
| All other expenses | $4,519 |
| Total functional expenses | $716,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501,684 |
| Savings and temporary cash investments | $450,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,862 |
| Net Land, buildings, and equipment | $46,402 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $773 |
| Total assets | $1,001,721 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $7,890 |
| 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 | $6,974 |
| Total liabilities | $14,864 |
| Net assets without donor restrictions | $986,857 |
| 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 | $1,001,721 |
Grants Awarded
Over the last fiscal year, California Tomato Research Institute has awarded $574,976 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UC DAVIS REGENTS PURPOSE: RESEARCH GRANT | $549,976 |
UC RIVERSIDE REGENTS PURPOSE: RESEARCH GRANT | $25,000 |