Overview
What is Alabama Farmers Agriculture Foundation?
Alabama Farmers Agriculture Foundation is a nonprofit organization based in Montgomery, Alabama. Their primary mission is to support and advance agriculture in the state through education and research, raise awareness of agriculture, improve and expand agricultural services and products for Alabama citizens, and maintain high standards in agriculture. The foundation accepts and manages funds from various sources, including grants, to achieve these objectives. They also disburse funds and make distributions to further their cause. The foundation's activities primarily focus on supporting agriculture in Alabama.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Alabama Farmers Agriculture Foundation has received a two-star rating from Charity Navigator, indicating that the organization needs improvement with an overall score of 71%. The foundation demonstrates some strengths in governance, such as having a fully independent board and a strong commitment to conflict of interest policies. These factors contribute positively to its accountability and finance score.
However, the foundation's financial transparency appears to be a significant area of concern. It scored zero points in critical areas such as financial statements and the posting of tax forms on its website. Additionally, the absence of a whistleblower policy and proper document retention and destruction practices raises questions about its operational integrity and transparency.
Overall, while the foundation shows promise in certain governance aspects, it faces substantial challenges in financial reporting and transparency that could hinder its effectiveness and trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama Farmers Agriculture Foundation legitimate?
Alabama Farmers Agriculture Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Farmers Agriculture Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Alabama Farmers Agriculture Foundation?
The Alabama Farmers Agriculture Foundation's mission is centered around supporting and advancing agriculture in the state through education and research. It aims to increase public awareness of agriculture and improve agricultural services and products for the benefit of state citizens. The organization also strives to establish and maintain high standards in agriculture. Furthermore, it receives, manages, and distributes funds from various sources to support its purpose, including grants from governmental agencies and private donors. The foundation makes gifts and distributions for its objectives, contributing to various aspects of agriculture.
Who is the CEO of Alabama Farmers Agriculture Foundation?
Phillip Johns is the Chairman of Alabama Farmers Agriculture Foundation.
What is the revenue of Alabama Farmers Agriculture Foundation?
Alabama Farmers Agriculture Foundation's revenue in 2022 was $1,197,819.
Who are the executives of Alabama Farmers Agriculture Foundation and what are their salaries?
There 9 volunteers at Alabama Farmers Agriculture Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Alabama Farmers Agriculture Foundation?
Alabama Farmers Agriculture Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama Farmers Agriculture Foundation
Alabama Farmers Agriculture Foundation, a nonprofit organization, is committed to supporting and advancing agriculture in Alabama through education and research. Its mission is to increase public awareness of agriculture in the state, improve and expand agricultural services and products for the benefit of Alabama citizens, and establish and maintain high standards in agriculture. The foundation receives funds from various sources, including gifts, contributions, bequests, devices, and other funds, which it uses to support its purposes. It also receives grants from governmental agencies, private individuals, and other sources, and makes distributions of various types for the foundation's purpose. The organization's activities aim to promote agriculture in Alabama and improve the lives of its citizens.
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Impact
October, 2024
The Alabama Farmers Agriculture Foundation plays a pivotal role in enhancing and advancing agriculture within the state. By focusing on education and research, the foundation increases awareness of agricultural practices and the importance of farming to Alabama's economy and culture. Through public programs and activities, it engages citizens and fosters a deeper understanding of agricultural issues.
The foundation also contributes significantly to the development of future agricultural professionals by providing scholarships for high school graduates pursuing careers in agriculture or agriculture-related fields. This investment in youth development ensures a new generation of skilled individuals who will contribute to the agricultural landscape.
Moreover, the foundation works to improve and expand agricultural services and products, benefiting local communities. By maintaining high standards in agriculture, it ensures that Alabama's agriculture remains competitive and sustainable.
Through the administration of gifts, contributions, and grants from various sources, the foundation effectively channels resources to support its mission. By making targeted distributions, it strives to address the needs of the agricultural sector and maximize its positive impact on local communities and the state's economy. In summary, the Alabama Farmers Agriculture Foundation significantly nurtures agriculture's future while enhancing its present state, benefiting all citizens of Alabama.
This information is meant to be a general summary of Alabama Farmers Agriculture Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $69,102
- Program Service Revenue: $120,371
- Gross Receipts: $1,275,470
Assets and Liabilities:
- Total Assets: $3,450,680
- Total Liabilities: $20,269
- Net Assets: $3,430,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXPO AND SHOW SPONSORS
Revenue
$62,371
SCHOLARSHIPS
Revenue
$58,000
Organization Details
Founding Year
2009
Phone
(334) 613-4567Principal Officer
Phillip Johns
Main Address
PO BOX 11000, MONTGOMERY, AL, 36191
NTEE Category
Code: O52 - Youth development
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