California Farmlink
- Assets
- $29.6m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Aptos, CA
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 94-3332630
Organization Overview
California Farmlink is located in Aptos, CA. The organization was established in 1999. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2021, California Farmlink employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Farmlink 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, California Farmlink generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 13.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN THE PROSPERITY OF FARMERS AND RANCHERS THROUGH LENDING, EDUCATION AND ACCESS TO LAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FARM AND RANCH PROSPERITY LOAN PROGRAM - THIS PROGRAM IS SUPPORTED BY $6,311,843 IN GRANT FUNDING AND $1,206,022 IN EARNED REVENUE WITH $1,085,680 IN TOTAL EXPENSES. FARMLINK'S FARM AND RANCH PROSPERITY LOAN PROGRAM PROVIDES FINANCING TO LOW-INCOME, UNDERSERVED, IMMIGRANT, AND BEGINNING AGRICULTURAL PRODUCERS ACROSS CALIFORNIA. FARMLINK WAS CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) IN 2013 AND CONTINUES TO EXPAND ITS IMPACT, INCLUDING THE ACQUISITION IN 2021 OF A PORTFOLIO OF 15 FISHING BUSINESS LOANS FROM COMMUNITY VISION CAPITAL AND CONSULTING. FARMLINK MADE 126 LOANS IN 2021 WITH AN AVERAGE LOAN SIZE OF $63,053. SEE SCHEDULE O FOR MORE INFORMATION.
LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS - THESE PROGRAMS ARE SUPPORTED BY $1,219,243 IN GRANT FUNDING WITH $981,414 IN EXPENSES.FARMLINK'S LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS PROVIDE ESSENTIAL TECHNICAL ASSISTANCE AND BUSINESS EDUCATION OPPORTUNITIES TO FARMERS, RANCHERS, AND FISHERS ACROSS THE STATE. THESE PROGRAMS INCLUDE ASSISTANCE WITH FINDING SUITABLE LAND FOR FARMING, LEASE ASSISTANCE, EXTENSIVE BUSINESS SKILLS PROGRAMS FOR SPANISH AND ENGLISH SPEAKING PRODUCERS IN THEIR FIRST 10 YEARS OF FARMING, AND A NEW PROGRAM TO ASSIST RETIRING FARMERS WITH CREATING SUCCESSION PLANS TO PASS THEIR FARM ASSETS AND BUSINESSES TO THE NEXT GENERATION. SEE SCHEDULE O FOR MORE INFORMATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reginald V Knox Executive Director | Officer | 40 | $125,355 |
Brett A Melone Director Of Lending | 40 | $109,391 | |
Jonathan Harrison CFO | Officer | 10 | $71,993 |
Rob Hurlbut Board Treasurer | OfficerTrustee | 1 | $0 |
Marisa Alcorta President & Chair | OfficerTrustee | 1 | $0 |
Jennifer Sowerwine Board Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,918,735 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,885,821 |
| Noncash contributions included in lines 1a–1f | $20,313 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,804,556 |
| Total Program Service Revenue | $1,127,610 |
| Investment income | $12,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $63 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,944,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $218,995 |
| Compensation of current officers, directors, key employees. | $40,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,229,135 |
| Pension plan accruals and contributions | $41,863 |
| Other employee benefits | $128,725 |
| Payroll taxes | $111,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,082 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $477,922 |
| Advertising and promotion | $3,788 |
| Office expenses | $54,788 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,562 |
| Travel | $10,076 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,845 |
| Interest | $210,522 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,161 |
| Insurance | $22,739 |
| All other expenses | $1,401 |
| Total functional expenses | $2,896,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,368,512 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,294,499 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $11,915,504 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,677 |
| Net Land, buildings, and equipment | $54,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $9,885,888 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,554,658 |
| Accounts payable and accrued expenses | $498,213 |
| Grants payable | $0 |
| Deferred revenue | $1,241,198 |
| 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 | $16,729,834 |
| Other liabilities | $0 |
| Total liabilities | $18,469,245 |
| Net assets without donor restrictions | $6,547,766 |
| Net assets with donor restrictions | $4,537,647 |
| 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 | $29,554,658 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that California Farmlink has recieved totaling $1,080,500.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $400,000 |
The Schmidt Family Foundation Palo Alto, CA PURPOSE: WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM | $150,000 |
The Schmidt Family Foundation Palo Alto, CA PURPOSE: WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM | $150,000 |
Opportunity Finance Network Philadelphia, PA PURPOSE: FINANCE JUSTICE FUND SUBGRANT | $125,000 |
Opportunity Finance Network Philadelphia, PA PURPOSE: OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | $125,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL OPERATING GRANT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Dot Public Schools National Los Angeles, CA | $10,551,526 | $15,630,320 |
Excellent Education Development Los Angeles, CA | $11,092,379 | $14,067,993 |
Digital Green Foundation San Francisco, CA | $24,571,129 | $22,099,634 |
Rio Hondo Education Consortium Whittier, CA | $3,342,079 | $7,995,836 |
Beyond 12 Education Inc Oakland, CA | $8,854,205 | $13,660,419 |
Accrediting Commission For Schools Western Association Of Schools An Burlingame, CA | $8,710,989 | $6,512,676 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Propel A Charter Management Group Inc Covina, CA | $5,751,248 | $5,358,058 |
Internet Archive Us San Francisco, CA | $536,242 | $3,003,154 |
California Farmlink Aptos, CA | $29,554,658 | $8,944,569 |
Prep For Success Inc Pasadena, CA | $6,718,988 | $2,918,726 |
Excelsior Charter Group Victorville, CA | $7,432,677 | $3,516,558 |