Washington Wheat Foundation
- Assets
- $3.8m
- Revenue
- $294.0k
- Investments
- $3.2m
- Employees
- 0
- Location
- Ritzville, WA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 94-3085423
Organization Overview
Washington Wheat Foundation is located in Ritzville, WA. The organization was established in 0000. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, 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. Washington Wheat 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 12/2023, Washington Wheat Foundation generated $294.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $232.0k 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
DEVELOP AND ADVANCE WHEAT GROWING
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCE PUBLIC EDUCATION OF WHEAT GROWING AND OTHER AGRICULTURAL ISSUES.
COLLEGE SCHOLARSHIPS
RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hallie Jamison Trustee | Trustee | 0 | $0 |
Gail Gering Trustee | Trustee | 0 | $0 |
Walt Neff Trustee | Trustee | 0 | $0 |
Jim Kent Trustee | Trustee | 0 | $0 |
Ryan Janke Trustee | Trustee | 0 | $0 |
Mike Schrag Trustee | Trustee | 0 | $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 | $163,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,500 |
| Total Program Service Revenue | $0 |
| Investment income | $74,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,695 |
| Net Income from Fundraising Events | -$4,561 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $293,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| Grants and other assistance to domestic individuals. | $4,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,585 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,972 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $4,025 |
| All other expenses | $8,560 |
| Total functional expenses | $232,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,819 |
| Savings and temporary cash investments | $107,010 |
| 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 | $0 |
| Net Land, buildings, and equipment | $418,158 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,211,579 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,770,566 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $3,770,566 |
| 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 | $3,770,566 |
Grants Awarded
Over the last fiscal year, Washington Wheat Foundation has awarded $60,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AG FORESTRY LEADERSHIP | | | $40,000 |
FFA FOUNDATION | | | $10,000 |
NW NATURAL RESOURCES INSTITUT | | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Food Processors Association Portland, OR | $1,067,244 | $1,658,093 |
Mint Industry Research Council Salem, OR | $926,243 | $819,079 |
Independent Dairy Environmental Action League Inc Twin Falls, ID | $1,185,788 | $787,436 |
Cider Institute Of North America Portland, OR | $81,955 | $275,034 |
Washington Wheat Foundation Ritzville, WA | $3,770,566 | $293,954 |
Northwest Aquaculture Alliance Covington, WA | $6,267 | $0 |
Idaho School Food Service Association Gooding, ID | $121,113 | $0 |
Crop Protection Coalition Yakima, WA | $41,572 | $0 |
Washington Farm Bureau Legal Foundation Lacey, WA | $161,802 | $0 |
Oregon Craft Beverage Council Eugene, OR | $74,917 | $0 |
Ifoam North America Eugene, OR | $18,353 | $0 |
South Central Idaho Bacterial Blight Control Association Inc Twin Falls, ID | $375,720 | $0 |