New York Farm Viability Institute Inc
- Assets
- $622.7k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Syracuse, NY
- Founding
- 11/2005
- Data as of
- 03/2022
- EIN
- 13-4295807
Organization Overview
New York Farm Viability Institute Inc is located in Syracuse, NY. The organization was established in 2005. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 03/2022, New York Farm Viability Institute Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Farm Viability Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, New York Farm Viability Institute Inc generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $2.3m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, New York Farm Viability Institute Inc has awarded 97 individual grants totaling $14,348,173. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW YORK FARM VIABILITY INSTITUTE IS A FARMER-LED NON-PROFIT ORGANIZATION THAT PROVIDES GRANT FUNDING TO APPLIED RESEARCH AND OUTREACH EDUCATION PROJECTS THAT HELP FARMS INCREASE PROFIT AND PROVIDE MODELS FOR OTHER FARMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER, PROMOTE, AND SUPPORT A VIBRANT AGRICULTURAL SECTOR IN NEW YORK BY SUPPORTING APPLIED RESEARCH, EDUCATION, INFORMATION TRANSFER, TECHNOLOGY ADOPTION AND MARKET ANALYSIS THROUGH GRANTS TO REDUCE PRACTICAL BARRIERS TO THE SUCCESS OF FARMING ENTERPRISES. WITHIN THE LAST FISCAL YEAR, THE ORGANIZATION HAS SUCCESSFULLY INITIATED 29 NEW PROJECTS, COMPLETED 48 PROJECTS, AND RECEIVED 48 NEW APPLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Grusenmeyer Executive Director | OfficerTrustee | 40 | $117,194 |
Dave Ryan Chair | OfficerTrustee | 1 | $0 |
Tim Dressel Vice Chair | OfficerTrustee | 1 | $0 |
Mary Jeanne Packer Secretary/treasurer | OfficerTrustee | 1 | $0 |
Mike Jordan Chair | Trustee | 1 | $0 |
Rob Noble Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,089,336 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,089,336 |
| Total Program Service Revenue | $0 |
| Investment income | $4,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,093,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,782,204 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,490 |
| Pension plan accruals and contributions | $12,605 |
| Other employee benefits | $28,704 |
| Payroll taxes | $20,248 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,291 |
| Advertising and promotion | $1,600 |
| Office expenses | $1,061 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,020 |
| Travel | $2,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,356 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,400 |
| Insurance | $3,587 |
| All other expenses | $0 |
| Total functional expenses | $2,327,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,475 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,599 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,599 |
| Total assets | $622,673 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $515 |
| Total liabilities | $515 |
| Net assets without donor restrictions | $622,158 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $622,673 |
Grants Awarded
Over the last fiscal year, New York Farm Viability Institute Inc has awarded $1,768,563 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Ithaca, NY PURPOSE: ENHANCING FARM PRODUCTIVITY AND PROFITABILITY THROUGH VARIOUS PROJECTS | $1,230,284 |
Albany, NY PURPOSE: SUGAR KELP AS AN ALTERNATIVE CROP FOR OYSTER FARMERS | $170,966 |
Troy, NY PURPOSE: USE OF UV-C LIGHT TO CONTROL PATHOGENS AND INSECTS IN VEGETABLES | $123,350 |
DAIRY HEALTH & MGMT SERVICES PURPOSE: HELPING NY DAIRIES ADOPT SELECTIVE DRY COW THERAPY | $50,081 |
NYS BERRY GROWERS ASSOCIATION PURPOSE: SPOTTED WING DROSOPHILA AND BERRY PRODUCTION GROWER EDUCATION | $46,583 |
Cooperstown, NY PURPOSE: FASTER, CHEAPER AND SAFER: RE-ENGINEERING BEST MANAGEMENT SAFETY PRACTICES ON NY DAIRIES. | $43,404 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holstein Friesian Association Of America Brattleboro, VT | $42,888,096 | $20,454,102 |
Hambletonian Society The Cranbury, NJ | $5,608,418 | $11,854,034 |
The William H Miner Agricultural Research Institute Chazy, NY | $25,150,167 | $10,410,462 |
Grace Communications Foundation Inc New York, NY | $9,222,389 | $7,837,107 |
Rodale Institute Kutztown, PA | $44,853,395 | $12,528,365 |
New Haven Ecology Project Inc New Haven, CT | $13,646,916 | $6,735,090 |
Attleboro Corporate Center Association Inc Attleboro, MA | $92,995 | $6,024,289 |
United Food And Commercial Workers International Union Dedham, MA | $6,169,904 | $6,230,011 |
Essex Agricultural Society Topsfield, MA | $13,692,899 | $6,659,006 |
Pennsylvania Certified Organic Spring Mills, PA | $1,487,363 | $4,239,851 |
New York Farm Bureau Albany, NY | $21,413,106 | $1,125,268 |
Pennsylvania Farm Bureau Camp Hill, PA | $15,863,020 | $5,878,793 |