Overview
What is Resourced Inc?
Resourced Inc is a nonprofit organization situated in Springfield, Missouri, with a focus on collaborating with development organizations and government agencies. Their primary mission is to optimize the potential of agricultural resources in developing countries, ultimately fostering innovations that result in significant and enduring improvements in the lives of smallholder farmers and society at large. By overcoming constraints related to sustainable agricultural intensification, Resourced Inc aims to effect a transformative impact on the livelihoods of these farmers and entrepreneurs in the agricultural value chain. The organization deploys cutting-edge technologies to expand access to more nutritious foods and diverse, productive crops, ultimately contributing to a more sustainable and prosperous future. Resourced Inc currently employs a team of eight dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator rating: 85%, Three-Star out of Four Star rating.
Resourced Inc has achieved a solid rating of 85%, reflecting a strong emphasis on accountability and financial practices. The organization scores particularly well in areas such as independent board oversight, financial statements, and conflict of interest policies, which indicate a commitment to transparency and ethical governance. The evaluation highlights that all board members are independent, contributing positively to the organization's overall governance structure.
However, there are notable limitations, especially in the area of fundraising efficiency, where the organization scored significantly lower. This could suggest challenges in generating funds relative to expenses, impacting its overall financial health. Although the executive salaries appear reasonable for nonprofit standards, the balance of expenses and income remains a critical area for improvement to enhance sustainability.
Overall, while Resourced Inc shows strong governance and financial stewardship, addressing the fundraising efficiency will be essential for future growth and impact. Stakeholders may want to monitor these aspects closely to ensure the organization remains effective in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Resourced Inc legitimate?
Resourced Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resourced 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: $214,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,402
For more financial information, click here
What is the mission statement of Resourced Inc?
Resourced Inc's mission is centered around overcoming the challenges of sustainable agricultural intensification. Their primary goal is to bring about a transformative impact on the livelihoods of smallholder farmers and agricultural value chain entrepreneurs. To achieve this, they employ innovative technologies to enhance access to nutritious foods and diverse, productive crops. Resourced Inc collaborates with development organizations and government agencies in developing countries to optimize the use of agricultural resources, fostering innovations that lead to significant and lasting changes. These advancements aim to improve the lives of smallholder farmers and contribute positively to society as a whole.
Who is the CEO of Resourced Inc?
David Betts is the President of Resourced Inc.
What is the revenue of Resourced Inc?
Resourced Inc's revenue in 2022 was $2,672,492.
Who are the executives of Resourced Inc and what are their salaries?
The average compensation at Resourced Inc during 2022 was $44,269. There are 8 employees at Resourced Inc.
Here are 4 key members and their salaries:
- Compensation: $109,604
- Related: $0
- Other: $5,050
- Compensation: $96,239
- Related: $0
- Other: $3,854
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Resourced Inc?
Resourced Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Resourced Inc
Resourced Inc, an organization dedicated to making a substantial impact, aims to overcome the limitations in sustainable agricultural intensification. Their primary mission is to transform the livelihoods of smallholder farmers and agricultural value chain entrepreneurs. To accomplish this, they utilize innovative technologies to increase access to nutritious foods and a diverse range of productive crops. By collaborating with development organizations and government agencies, Resourced Inc seeks to maximize the potential of agricultural resources in developing countries. This collaboration accelerates innovations that lead to meaningful and enduring changes, ultimately improving the lives of smallholder farmers and society as a whole.
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Impact
July, 2024
Resourced Inc is making a transformative impact on the livelihoods of smallholder farmers and agricultural value chain entrepreneurs by harnessing innovative technologies to increase access to more nutritious foods and diverse, productive crops. By collaborating with development organizations and government agencies in developing countries, Resourced Inc is maximizing the value of agricultural resources to accelerate positive changes that benefit smallholder farmers and society as a whole. Their work is overcoming the constraints of sustainable agricultural intensification and leading to meaningful and lasting improvements in the lives of those involved in the agricultural sector.
This information is meant to be a general summary of Resourced 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: $26,632
- Program Service Revenue: $358,153
- Gross Receipts: $2,672,492
Assets and Liabilities:
- Total Assets: $12,878,805
- Total Liabilities: $104,002
- Net Assets: $12,774,803
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGRICULTURE PROGRAMS
Revenue
$358,153
Organization Details
Founding Year
2015
Phone
(607) 592-4947Principal Officer
David Betts
Main Address
2135 E INDEPENDENCE 1092, SPRINGFIELD, MO, 65804
NTEE Category
Code: K25 - Food
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