Overview
What is Bountifield International?
Bountifield International is a Minneapolis, Minnesota-based nonprofit organization with a mission to empower smallholder farmers in Africa, primarily focusing on postharvest technology solutions. By providing efficient food processing methods, Bountifield aids the most vulnerable in bringing their crops to market. Their work in Kenya has reached 57 entrepreneurs, impacting over 70,000 people. Through their initiatives, women have saved approximately 114,000 hours, leading to the processing of 3 million kilograms of crops valued at 1.5 million US dollars. This nonprofit has published one impact report and shared multiple blog posts and articles to spread awareness about their activities. Bountifield International's team consists of five dedicated individuals.
Official website here: www.bountifield.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.
Bountifield International has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The charity scored 96% overall, with its score derived entirely from its accountability and finance metrics for the most recent fiscal year (FY2023). This high rating reflects Bountifield's effective governance practices, including a fully independent board and robust financial oversight.
The organization excels in various key areas, such as having 100% of its board members being independent and achieving a perfect score in financial statements and oversight. It also demonstrates strong practices in conflict of interest policies, whistleblower protections, and document retention, which contribute to its overall financial health. Additionally, Bountifield has a solid program expense ratio of 80.37%, indicating that a significant portion of its expenses goes directly toward its charitable programs.
There are no significant limitations noted in the data regarding Bountifield International's operations or financial practices. Overall, the charity's high ratings and strong governance underscore its effectiveness and reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bountifield International legitimate?
Bountifield International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bountifield International 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $104,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,103
For more financial information, click here
Official website here: www.bountifield.org/
What is the mission statement of Bountifield International?
Bountifield International is an organization that focuses on providing postharvest technology solutions to smallholder farmers primarily in Africa. Their mission is to help the most vulnerable individuals in these communities process their food more efficiently and effectively bring their crops to market. By doing so, they aim to improve the livelihoods and food security of these farmers, ultimately contributing to a more sustainable and equitable food system.
In practice, Bountifield International has shown significant impact in Kenya, reaching over 70,000 people through 57 entrepreneurs. Their interventions have resulted in saving 114,000 hours of women's time and processing over 3 million kilograms of crops, valued at 1.5 million USD. Their efforts have not only improved food security but also led to the publication of an impact report and the creation of numerous blogs and articles.
Official website here: www.bountifield.org/
Who is the CEO of Bountifield International?
Alexandra Spieldoch is the Past Chair of Bountifield International.
Official website here: www.bountifield.org/
What is the revenue of Bountifield International?
Bountifield International's revenue in 2023 was $616,026.
Official website here: www.bountifield.org/
Who are the executives of Bountifield International and what are their salaries?
The average compensation at Bountifield International during 2023 was $60,261. There are 5 employees at Bountifield International.
Here are 9 key members and their salaries:
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- Compensation: $104,200
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Official website here: www.bountifield.org/
Where can I find the form 990 for Bountifield International?
Bountifield International's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bountifield.org/
Learn more at the official website: www.bountifield.org/
Mission Statement of Bountifield International
Bountifield International, as a postharvest technology solutions provider, plays a vital role in assisting the most vulnerable smallholder farmers in Africa. Their mission is to help these farmers process their food more efficiently and bring their crops to market. By doing so, they aim to improve the lives of many people in these communities.
In practical terms, Bountifield International works to empower these farmers by providing them with the necessary tools and knowledge to process their crops more effectively. This not only increases the farmers' income but also ensures that a larger portion of the food produced reaches the market, reducing food waste. The organization's work in Kenya, for instance, has reached 57 entrepreneurs who have, in turn, impacted over 70,000 people. Through their interventions, they have saved 114,000 hours of women's time and processed 3 million kilograms of crops, valued at 1.5 million US dollars.
In summary, Bountifield International is a nonprofit organization that is making a significant impact in Africa by helping smallholder farmers improve their postharvest processes. By doing so, they are not only increasing the farmers' income but also ensuring that more food reaches the market, reducing food waste and improving food security in these communities.
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Impact
July, 2024
Bountifield International's impact can be seen in the positive changes it brings to smallholder farmers in Africa. In Kenya alone, the organization has reached 57 entrepreneurs, impacting over 70,000 individuals. Through their efforts, 114,000 hours of women's time have been saved, and 3 million kilograms of crops have been processed, amounting to a value of 1.5 million USD. This demonstrates a tangible improvement in the efficiency and productivity of food processing for vulnerable communities.
This information is meant to be a general summary of Bountifield International. 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 2023.
- Investment Income: $4,840
- Program Service Revenue: $524
- Gross Receipts: $694,153
Assets and Liabilities:
- Total Assets: $475,493
- Total Liabilities: $114,666
- Net Assets: $360,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCT SALES
Revenue
$524
Organization Details
Founding Year
1981
Phone
(651) 632-3912Principal Officer
Alexandra Spieldoch
Main Address
729 N WASHINGTON AVENUE 600, MINNEAPOLIS, MN, 55401
Website
www.bountifield.org/NTEE Category
Code: Q300 - International
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