Overview
What is Georgia Foundation For Agriculture Inc?
Georgia Foundation for Agriculture Inc, based in Macon, Georgia, is a nonprofit organization dedicated to fostering educational initiatives related to agriculture and agricultural production. Their mission encompasses various aspects, including consumer awareness and food safety, production and marketing, quality and yield improvement, mechanization, farm safety, conservation of natural resources, and the effective use of fertilizers, insecticides, and herbicides. By doing so, they aim to increase net farm income. Additionally, the foundation supports the development of curriculum and other educational opportunities for elementary and high school students, relating to agriculture and agricultural production. They accomplish this by distributing funds to qualifying 501(c)(3) organizations.
Official website here: www.gfbfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
The Georgia Foundation For Agriculture Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in the realm of nonprofit accountability and finance. The organization scores well in several governance aspects, such as having a fully independent board and effective financial oversight. However, areas of concern include missing whistleblower and document retention policies, which may affect transparency and operational integrity.
The organization's financial performance reveals a program expense ratio of 51.50%, which suggests that a significant portion of their budget is not directed toward program activities. This could raise questions about the efficiency of resource allocation and the impact of their initiatives. Conversely, their liabilities to assets ratio is commendable at 2.87%, indicating a healthy financial standing.
Overall, while the Georgia Foundation For Agriculture Inc demonstrates strengths in governance and financial oversight, the lack of certain policies and the relatively low program expense ratio point to areas where improvement is necessary to enhance their effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Foundation For Agriculture Inc legitimate?
Georgia Foundation For Agriculture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Foundation For Agriculture 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.
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Official website here: www.gfbfoundation.org
What is the mission statement of Georgia Foundation For Agriculture Inc?
The Georgia Foundation for Agriculture Inc. is dedicated to initiating and financing educational activities related to various aspects of agriculture and agricultural production. Their mission involves supporting the development of curriculum and education opportunities for elementary and high school students, covering topics such as consumer awareness, food safety, production and marketing, quality and yield improvement, mechanization, farm safety, conservation of natural resources, and improved use of fertilizers, insecticides, and herbicides. The foundation also provides distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code, with the aim of increasing net farm income.
Official website here: www.gfbfoundation.org
Who is the CEO of Georgia Foundation For Agriculture Inc?
David Jolley is the Director of Georgia Foundation For Agriculture Inc.
Official website here: www.gfbfoundation.org
What is the revenue of Georgia Foundation For Agriculture Inc?
Georgia Foundation For Agriculture Inc's revenue in 2022 was $934,892.
Official website here: www.gfbfoundation.org
Who are the executives of Georgia Foundation For Agriculture Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.gfbfoundation.org
Where can I find the form 990 for Georgia Foundation For Agriculture Inc?
Georgia Foundation For Agriculture Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gfbfoundation.org
Learn more at the official website: www.gfbfoundation.org
Mission Statement of Georgia Foundation For Agriculture Inc
Georgia Foundation for Agriculture Inc is committed to initiating and financing educational activities related to various aspects of agriculture and agricultural production. Their mission extends to supporting the development of curriculum and education opportunities for elementary and high school students in these same areas. This foundation is dedicated to a broad spectrum of agricultural education, encompassing topics such as consumer awareness and food safety, production and marketing, quality and yield improvement, mechanization, farm safety, conservation of natural resources, and the efficient use of fertilizers, insecticides, and herbicides. By providing financial support, the foundation aims to increase net farm income and enhance the overall agricultural sector. Furthermore, the organization plays a key role in the creation and dissemination of educational materials for elementary and high school students, distributing funds to qualifying 501(c)(3) organizations to achieve these goals.
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Impact
July, 2024
The impact of Georgia Foundation For Agriculture Inc is significant in initiating and financing educational activities relating to all aspects of agriculture and agricultural production. By supporting the development of curriculum and education opportunities for elementary and high school students in these areas, the foundation plays a crucial role in promoting consumer awareness and food safety, improving production and marketing practices, enhancing quality and yield, promoting farm safety, conserving natural resources, and increasing net farm income.
Through their mission of educating and empowering the next generation in agriculture, Georgia Foundation For Agriculture Inc is making a meaningful contribution to the agricultural sector and ensuring a sustainable future for the industry. Their focus on education and awareness helps to foster a better understanding of the importance of agriculture in our society and equips students with the knowledge and skills needed to succeed in this vital field.
This information is meant to be a general summary of Georgia Foundation For Agriculture 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: $49
- Program Service Revenue: $28,250
- Gross Receipts: $980,655
Assets and Liabilities:
- Total Assets: $1,925,268
- Total Liabilities: $57,781
- Net Assets: $1,867,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GA AG EXPERIENCE
Revenue
$28,250
Organization Details
Founding Year
2014
Principal Officer
David Jolley
Main Address
1620 BASS ROAD, MACON, GA, 31210
Website
www.gfbfoundation.orgNTEE Category
Code: K20 - Food
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