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Next Farm Initiative Inc

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

EIN: 823384597 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Next Farm Initiative Inc?

Next Farm Initiative Inc, situated in Indianapolis, Indiana, was a nonprofit organization that offered holistic support to at-risk women aged 18-24, empowering them to achieve economic independence. Utilizing an urban farm as a learning lab, participants collaborated to run a small business enterprise, acquired essential life and employability skills, strengthened their personal resilience, and contributed by providing fresh, healthy food to their community. The organization's mission was anchored in mental wellness, with the ultimate goal of providing young, justice-involved women with the tools they needed to secure a lifetime of financial stability.

Is Next Farm Initiative Inc legitimate?

Next Farm Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next Farm Initiative 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: $0

For more financial information, click here

What is the mission statement of Next Farm Initiative Inc?

The Next Farm Initiative Inc., through urban farming, provides holistic support centered around mental wellness to empower young, justice-involved women, enabling them to achieve lasting economic security. By utilizing a residential urban farm as a learning lab, participants work collectively to manage a small business enterprise, acquire essential life and employability skills, build personal resilience, and contribute fresh, nutritious food to their community. Regrettably, the organization is no longer in operation, with its assets being donated to another public charity.

Who is the CEO of Next Farm Initiative Inc?

Susan Williams is the Chair of Next Farm Initiative Inc.

What is the revenue of Next Farm Initiative Inc?

Next Farm Initiative Inc's revenue in 2022 was -$807,170.

Who are the executives of Next Farm Initiative Inc and what are their salaries?


Here are 7 key members and their salaries:


Susan Williams (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Winter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lily Pai (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda S Horn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Jacklin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Broch Martindale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Sylvia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Next Farm Initiative Inc?

Next Farm Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Next Farm Initiative Inc

Next Farm Initiative, Inc. is an organization that utilizes urban farming as a means to provide holistic support, with a strong emphasis on mental wellness, to young, justice-involved women. Their mission is to equip these women with the tools necessary to achieve a lifetime of economic security. By establishing a residential urban farm as a learning lab, the initiative enables participants to work collaboratively, managing a small business enterprise. This hands-on experience not only facilitates the acquisition of key life and employability skills but also fosters the development of personal resilience. Furthermore, the urban farm allows these women to contribute fresh, healthy food to their neighborhood, thereby providing a tangible benefit to their community. The Next Farm Initiative, Inc. was dedicated to empowering at-risk women and helping them achieve economic independence, but unfortunately, the organization is no longer in operation, and its assets were contributed to another public charity.

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Impact




October, 2024

Next Farm Initiative Inc had a profound impact on the lives of young, justice-involved women by utilizing urban farming as a platform for personal and economic development. Through their program, these women, aged 18 to 24, were offered holistic support designed to foster mental wellness and resilience. Participants engaged in hands-on activities that allowed them to learn essential life and employability skills, empowering them to work together to operate a small business enterprise within a residential urban farm.

This initiative not only facilitated the personal growth of the participants but also contributed to the local community by providing fresh, healthy food. By cultivating a microcosm of collaboration and empowerment, the program helped its participants achieve economic independence, envision a brighter future, and break the cycle of justice involvement.

Although Next Farm Initiative Inc is no longer operational, its legacy of equipping young women with the skills and support needed for a lifetime of economic security continues to resonate within the community.




This information is meant to be a general summary of Next Farm Initiative 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.

Revenue
-$807,170 (2022)
Expenses
$137,531 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$929,844
  • Gross Receipts: $370,100

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2018

Principal Officer

Susan Williams

Main Address

3632 KATELYN WAY, INDIANAPOLIS, IN, 46228

NTEE Category

Code: I40 - Crime

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