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Kansas Farm Management Assoc Nc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 480974788 ✦ Abilene, KS ✦ Designated as a 501(c)(3)

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Overview

What is Kansas Farm Management Assoc Nc?

Kansas Farm Management Associates NC, based in Abilene, Kansas, is a nonprofit organization dedicated to extension education. They work closely with approximately 350 farming families, providing them with valuable insights into farm business management and emphasizing the importance of maintaining accurate records. The organization collects data from farmers regarding the cost of producing various farm commodities, aiming to enhance their operational efficiency and profitability. With a team of 12 dedicated individuals, Kansas Farm Management Associates NC plays a significant role in fostering the success of Kansas's agricultural community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)

The Kansas Farm Management Association NC has received a Two-Star rating from Charity Navigator, indicating a need for improvement, particularly in accountability and transparency. While the organization demonstrates strong financial management with a program expense ratio of nearly 95% and a perfect liabilities to assets ratio of 0%, it faces significant challenges in its governance practices and public disclosure.

The organization has a fully independent board, which is a positive aspect of its governance structure, but it lacks critical policies and documentation necessary for accountability. Items such as conflict of interest and whistleblower policies are missing, along with essential financial statements and board meeting minutes, which collectively contribute to a low score in accountability and finance categories.

Overall, while Kansas Farm Management Association NC is effectively utilizing its resources towards its programs, the absence of transparency and governance documentation highlights areas where the organization can improve. Addressing these issues would not only enhance its credibility but also build greater trust with stakeholders and the public.


This AI summary has been generated from information found on Charity Navigator.

Is Kansas Farm Management Assoc Nc legitimate?

Kansas Farm Management Assoc Nc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Farm Management Assoc Nc 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: $134,346

For more financial information, click here

What is the mission statement of Kansas Farm Management Assoc Nc?

Kansas Farm Management Assoc Nc's mission revolves around extension education, specifically focusing on 350 farming families. They aim to educate these families on effective farm business management and emphasize the importance of maintaining accurate records. Moreover, the association gathers data from farmers regarding the cost of producing various farm commodities, with the objective of providing valuable insights and promoting efficient farming practices.

Who is the CEO of Kansas Farm Management Assoc Nc?

Rodney Peters is the President of Kansas Farm Management Assoc Nc.

What is the revenue of Kansas Farm Management Assoc Nc?

Kansas Farm Management Assoc Nc's revenue in 2022 was $561,898.

Who are the executives of Kansas Farm Management Assoc Nc and what are their salaries?

The average compensation at Kansas Farm Management Assoc Nc during 2022 was $11,196. There are 12 employees at Kansas Farm Management Assoc Nc.


Here are 6 key members and their salaries:


Michael Sherbert (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clayton Short (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Dugan (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Myers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Peters (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Snitker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kansas Farm Management Assoc Nc?

Kansas Farm Management Assoc Nc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kansas Farm Management Assoc Nc

Kansas Farm Management Association NC, through its extension education program, collaborates with approximately 350 farming families. Their primary objective is to educate these families on effective farm business management practices. A significant aspect of their mission is emphasizing the importance of maintaining accurate records. Moreover, the association gathers data from these farmers, focusing on the cost of producing various farm commodities. By doing so, they aim to equip these families with the necessary tools and knowledge to manage their farms more efficiently and sustainably.

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Impact




July, 2024

Kansas Farm Management Assoc Nc's impact is significant in the realm of extension education, particularly in the agricultural sector. By working with 350 families, the organization plays a crucial role in educating them on farm business management practices and emphasizing the importance of maintaining accurate records. Furthermore, by gathering data from farmers regarding the cost of producing farm commodities, Kansas Farm Management Assoc Nc is instrumental in helping these families make informed decisions to improve their agricultural operations. This targeted approach not only benefits the participating families but also contributes to the overall efficiency and sustainability of the food production industry.




This information is meant to be a general summary of Kansas Farm Management Assoc Nc. 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.

Revenue
$561,898 (2022)
Expenses
$602,553 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,489
  • Program Service Revenue: $540,809
  • Gross Receipts: $561,898

Assets and Liabilities:

  • Total Assets: $158,336
  • Total Liabilities: $0
  • Net Assets: $158,336

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Fees for Services

Revenue

$420,759

MEMBERSHIP DUES

Revenue

$120,050

Organization Details

Principal Officer

Rodney Peters

Main Address

PO BOX 518, ABILENE, KS, 67410

NTEE Category

Code: K20B - Food

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