Overview
What is Agricenter International Inc?
Agricenter International Inc, located in Memphis, Tennessee, is a prominent nonprofit organization with a significant impact on the agricultural sector. Serving as an unbiased platform for the advancement of agricultural technologies and products, it boasts the title of the world's largest urban farm and research test facility. With a mission to enhance knowledge and understanding of agriculture, Agricenter International plays a pivotal role in the Mid-South region, boasting an annual economic impact of $524 million. This vibrant hub welcomes over 1.3 million visitors annually and educates more than 10,000 students, making it a vital center for agricultural education, agribusiness, and research. The nonprofit organization, employing 38 individuals, provides a professional space for the development, evaluation, demonstration, and marketing of cutting-edge agricultural innovations.
Official website here: www.agricenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Agricenter International Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity's score is entirely based on its accountability and finance metrics, indicating a strong focus on maintaining transparency and good governance practices. With a high percentage of independent board members and comprehensive oversight mechanisms, Agricenter demonstrates a commitment to ethical management.
The organization excels in several key areas, including having no material diversion of assets, a robust conflict of interest policy, and consistently documenting board meeting minutes. Their program expense ratio is also commendable, with nearly 80% of their expenses directed towards their programs, which signifies effective resource allocation towards their mission.
However, there are some concerns regarding the organization’s liabilities to assets ratio, which stands at 61.93%. This ratio could indicate potential financial risk if liabilities are not managed carefully. While the charity shows strong accountability practices, monitoring its financial health will be essential for sustained impact and growth.
This AI summary has been generated from information found on Charity Navigator.
Is Agricenter International Inc legitimate?
Agricenter International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agricenter International 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: $422,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,250,380
For more financial information, click here
Official website here: www.agricenter.org
What is the mission statement of Agricenter International Inc?
Agricenter International Inc, serving as an educational, agribusiness, research, and agricultural hub in an unspecified region, is committed to advancing knowledge and understanding of agriculture. This organization has a significant impact on its region, with an annual economic impact of $524 million and attracting over 1.3 million visitors annually. Moreover, Agricenter educates over 10,000 students annually. The organization's Farm and Farm Research facility, deemed the world's largest urban farm and research test facility, serves as a professional platform for unbiased development, evaluation, demonstration, education, and marketing of the latest and most advanced agricultural technologies and products.
Official website here: www.agricenter.org
Who is the CEO of Agricenter International Inc?
Patricia Howard is the Member of Agricenter International Inc.
Official website here: www.agricenter.org
What is the revenue of Agricenter International Inc?
Agricenter International Inc's revenue in 2022 was $6,132,848.
Official website here: www.agricenter.org
Who are the executives of Agricenter International Inc and what are their salaries?
The average compensation at Agricenter International Inc during 2022 was $44,033. There are 38 employees and 150 volunteers at Agricenter International Inc.
Here are 25 key members and their salaries:
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- Compensation: $173,533
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- Other: $19,613
Official website here: www.agricenter.org
Where can I find the form 990 for Agricenter International Inc?
Agricenter International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.agricenter.org
Learn more at the official website: www.agricenter.org
Mission Statement of Agricenter International Inc
Agricenter International Inc, serving as an educational, agribusiness, research, and agricultural hub in an unspecified region, is committed to advancing knowledge and understanding of agriculture. This nonprofit organization, with a significant annual economic impact of $524 million, hosts over 1.3 million visitors annually and educates more than 10,000 students annually. At the heart of its mission is the World's Largest Urban Farm and Research Test Facility. This professional forum serves as a neutral platform for the development, evaluation, demonstration, education, and marketing of the latest and most advanced agricultural technologies and products. By providing an unbiased setting, Agricenter International Inc contributes to the advancement of agriculture, fostering innovation, and promoting the dissemination of innovative agricultural practices to a wide audience.
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Impact
July, 2024
Agricenter International Inc's impact is significant. It serves as the world's largest urban farm and research test facility, providing a professional platform for the development, evaluation, demonstration, education, and marketing of the latest agricultural technologies and products. Located in Memphis, TN, Agricenter International plays a crucial role in advancing knowledge and understanding of agriculture in the region. With an annual economic impact of $524 million, hosting over 1.3 million visitors annually, and educating over 10,000 students each year, Agricenter International is a key player in promoting agricultural education, agribusiness, and research in the Mid-South. Its multifaceted activities contribute to the growth and development of the agricultural sector, making a vital contribution to the local economy and community.
This information is meant to be a general summary of Agricenter International 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: $219,798
- Program Service Revenue: $2,958,809
- Gross Receipts: $6,269,537
Assets and Liabilities:
- Total Assets: $11,833,861
- Total Liabilities: $7,454,686
- Net Assets: $4,379,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND SPECIAL EVENTS
Revenue
$1,730,880
FARM AND RESEARCH REVENUE
Revenue
$792,320
RENTAL AND LEASE REVENUE
Revenue
$426,832
OTHER
Revenue
$8,777
Organization Details
Founding Year
1979
Phone
(901) 757-7777Principal Officer
Patricia Howard
Main Address
7777 WALNUT GROVE RD, MEMPHIS, TN, 38120
Website
www.agricenter.orgNTEE Category
Code: K20E - Food
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