Farm Rescue Foundation is located in Horace, ND. The organization was established in 2011. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farm Rescue Foundation 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 12/2022, Farm Rescue Foundation generated $146.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $42.0k during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ASSISTANCE TO FARMERS AND RANCHERS STRICKEN BY AN UNEXPECTED MAJOR INJURY, ILLNESS OR NATURAL DISASTER
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Gross President | 2 | $0 | |
Andy Wittenburg Director | 1 | $0 | |
Shaun Sipma Vice President | 1 | $0 | |
Tom Sanders Secretary | 1 | $0 | |
Jason Engkjer Director | 1 | $0 | |
Jedd Wall Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,536 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,179 |
| Gain or Loss | $89,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,572 |
| Professional fees and other payments to independent contractors | $3,543 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,685 |
| Other expenses | $34,187 |
| Total expenses | $41,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,766 |
| Other assets | $0 |
| Total assets | $413,323 |
| Total liabilities | $2,201 |
| Net assets or fund balances | $411,122 |