Potlikker Capital

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

EIN: 852051176 ✦ Ithaca, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Potlikker Capital?

Potlikker Capital is a nonprofit organization committed to addressing racial and climate justice in the United States, particularly in rural farming communities. They offer a holistic approach to serving Black, Indigenous, and People of Color (BIPOC) farmers by providing financial assistance through lending and grantmaking. The organization also offers loans to related agribusinesses and charitable organizations that impact disadvantaged areas. By incorporating community-driven governance into their capital assistance, Potlikker Capital aims to uplift BIPOC farmers and contribute to sustainable farming practices.


Official website here: www.potlikkercapital.com

Is Potlikker Capital legitimate?

Potlikker Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potlikker Capital 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: $354,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,189

For more financial information, click here


Official website here: www.potlikkercapital.com

What is the mission statement of Potlikker Capital?

Potlikker Capital is dedicated to serving Black, Indigenous, and People of Color (BIPOC) farmers in the United States, focusing on the intersection of racial and climate justice. Their mission is achieved through a multifaceted approach, which includes providing financial assistance through lending and grantmaking, as well as offering grants and loans to related agribusinesses and charitable organizations operating in disadvantaged rural farming communities. The organization's approach to capital assistance combines financial support with community-driven governance, aiming to create sustainable and equitable opportunities for BIPOC farmers.


Official website here: www.potlikkercapital.com

Who is the CEO of Potlikker Capital?

Mark Watson is the President/Director of Potlikker Capital.


Official website here: www.potlikkercapital.com

What is the revenue of Potlikker Capital?

Potlikker Capital's revenue in 2022 was $1,291,869.


Official website here: www.potlikkercapital.com

Who are the executives of Potlikker Capital and what are their salaries?

The average compensation at Potlikker Capital during 2022 was $62,898. There are 7 employees and 14 volunteers at Potlikker Capital.


Here are 11 key members and their salaries:


Mark Watson (President/Director)
  • Compensation: $150,000
  • Related: $0
  • Other: $0
Leslie Carrere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iriel Edwards (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Jay Fossett (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collie Graddick (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Konda Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Quevedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ozell White (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Miller (Coo)
  • Compensation: $106,538
  • Related: $0
  • Other: $0


Official website here: www.potlikkercapital.com

Where can I find the form 990 for Potlikker Capital?

Potlikker Capital's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.potlikkercapital.com

Learn more at the official website: www.potlikkercapital.com

Mission Statement of Potlikker Capital

Potlikker Capital is an organization that is dedicated to serving Black, Indigenous, and People of Color (BIPOC) farmers in the United States. Their mission lies at the intersection of racial and climate justice. They achieve this mission through a holistic approach, providing financial assistance in the form of loans and grants to agribusinesses and charitable organizations that impact disadvantaged areas, primarily in rural farming communities. This financial support is not just monetary; Potlikker Capital also incorporates community-driven governance, ensuring that the recipients of their aid are actively involved in the decision-making process. By doing so, Potlikker Capital seeks to empower BIPOC farmers and contribute to a more equitable and sustainable agricultural landscape.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Potlikker Capital significantly impacts BIPOC farmers and rural farming communities across the United States by integrating financial support with community-driven governance. By providing loans and grants, it directly addresses the challenges faced by disadvantaged agricultural sectors, particularly at the intersection of racial and climate justice. This holistic approach not only enhances the economic resilience of these communities but also promotes sustainable farming practices that are critical in the face of climate change. By focusing on holistic support for farmers and related agribusinesses, Potlikker Capital fosters community improvement and empowers marginalized groups, ensuring that their voices are included in decision-making processes that affect their livelihoods and environment.




This information is meant to be a general summary of Potlikker Capital. 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
$1,291,869 (2022)
Expenses
$1,146,995 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $3,371
  • Gross Receipts: $1,291,869

Assets and Liabilities:

  • Total Assets: $2,893,690
  • Total Liabilities: $1,425,620
  • Net Assets: $1,468,070

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST INCOME - BORR

Revenue

$3,371

Organization Details

Founding Year

2020

Principal Officer

Mark Watson

Main Address

PO BOX 778, ITHACA, NY, 14851

NTEE Category

Code: S11 - Community improvement

If you are a representative of Potlikker Capital and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.