Overview
What is Tri Cycle Farms Inc?
Tri Cycle Farms Inc, located in Fayetteville, Arkansas, is a dedicated nonprofit organization with a mission to promote food security. They accomplish this through two primary methods: food recovery and community gardening. Their food recovery program, in collaboration with Whole Foods Market, Inc., allows them to distribute a substantial amount of food daily to various organizations in Washington County. In addition, the farm's two-acre farm-park yields harvested crops and eggs, contributing to their food distribution efforts. Tri Cycle Farms Inc also hosts events and implements a seed program, furthering their commitment to the community. The nonprofit currently delivers an average of 437 pounds of food per day, equating to 163,155 pounds annually. With a modest workforce of one dedicated individual, Tri Cycle Farms Inc plays a significant role in addressing food insecurity within its local community.
Official website here: www.tricyclefarms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Tri Cycle Farms Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is derived from a comprehensive evaluation of their financial practices, with an impressive 81% accountability and finance score. This rating reflects the organization's commitment to transparency and responsible financial management.
Strengths of Tri Cycle Farms include its fully independent board, which holds the maximum score in board member independence and size. The organization has demonstrated no material diversion of assets and has established robust policies regarding conflict of interest and whistleblower protections. Additional strengths include a high program expense ratio of 87.36%, suggesting that a significant portion of its resources is directed towards programmatic goals rather than administrative costs.
Despite the positive ratings, the data does not mention any specific limitations or concerns regarding Tri Cycle Farms. Overall, the organization appears to effectively manage its operations, aligning with best practices in nonprofit governance and finance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tri Cycle Farms Inc?
98% of 38 reviewers on Facebook recommend this nonprofit. Here is a summary of their reviews:
Many users express enthusiasm for Tri Cycle Farms Inc, highlighting it as a true gem within Fayetteville. Reviewers appreciate the organization’s mission and community impact, often citing the positive environment and the meaningful work being done. The charm and unique offerings of the farm resonate strongly with those who visit, suggesting a deep-seated appreciation for the services provided.
Overall, the sentiment towards Tri Cycle Farms is overwhelmingly positive, with community members proud to support and recommend this initiative. The feedback reflects a strong connection to the farm and its contributions, indicating that it successfully fulfills its goals and engages the local community effectively.
This AI summary has been generated from reviews found on Facebook.
Is Tri Cycle Farms Inc legitimate?
Tri Cycle Farms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri Cycle Farms Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,500
For more financial information, click here
Official website here: www.tricyclefarms.org
What is the mission statement of Tri Cycle Farms Inc?
Tri Cycle Farms Inc's mission is centered around promoting food security. They achieve this through their initiatives in food recovery and community gardening. Specifically, the organization distributes food and resources to community members across Washington County. This is done through various programs, including food and seed events, harvested crops and eggs from their two-acre farm-park, and a food recovery program in partnership with Whole Foods Market, Inc. On a daily basis, they deliver around 437 pounds of food to partnering organizations, which consists mainly of recovered food, plants, floral bouquets, gleamed foods, and household commodities.
Official website here: www.tricyclefarms.org
Who is the CEO of Tri Cycle Farms Inc?
Kelly Bassemier is the Director of Tri Cycle Farms Inc.
Official website here: www.tricyclefarms.org
What is the revenue of Tri Cycle Farms Inc?
Tri Cycle Farms Inc's revenue in 2022 was $532,635.
Official website here: www.tricyclefarms.org
Who are the executives of Tri Cycle Farms Inc and what are their salaries?
The average compensation at Tri Cycle Farms Inc during 2022 was $2,500. There is 1 employee at Tri Cycle Farms Inc.
Here are 7 key members and their salaries:
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Official website here: www.tricyclefarms.org
Where can I find the form 990 for Tri Cycle Farms Inc?
Tri Cycle Farms Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tricyclefarms.org
Learn more at the official website: www.tricyclefarms.org
Mission Statement of Tri Cycle Farms Inc
Tri Cycle Farms Inc, a nonprofit organization, is committed to promoting food security through two primary methods: food recovery and community gardening. Their mission is to distribute food and resources to community members across Washington County, ensuring that no one goes hungry. This is achieved through various programs, including their food and seed events, harvested crops and eggs from their two-acre farm-park, and a food recovery program in partnership with Whole Foods Market, Inc. On a daily basis, Tri Cycle Farms delivers an average of 437 pounds of food (approximately 163,155 pounds annually) to partnering organizations. The items distributed include recovered food, plant and floral bouquets, gleamed foods, and household commodities. By promoting food security in this manner, Tri Cycle Farms Inc seeks to contribute positively to the well-being of its community.
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Impact
July, 2024
Tri Cycle Farms Inc's impact is significant in promoting food security through food recovery and community gardening initiatives. One key aspect of their work is food distribution, where they provide food and resources to community members across Washington County. This includes distributing an average of 437 pounds of food per day to partnering organizations, totaling 163,155 pounds annually. The distributed items range from recovered food to plants, floral bouquets, gleaned foods, and household commodities. Through their efforts, Tri Cycle Farms is actively addressing food insecurity and making a positive difference in the community.
This information is meant to be a general summary of Tri Cycle Farms Inc. 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: $24
- Gross Receipts: $532,635
Assets and Liabilities:
- Total Assets: $326,100
- Total Liabilities: $159,540
- Net Assets: $166,560
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Organization Details
Phone
(479) 966-0572Principal Officer
Kelly Bassemier
Main Address
1705 N GARLAND AVENUE, FAYETTEVILLE, AR, 72703
Website
www.tricyclefarms.orgNTEE Category
Code: K40 - Food
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