Meridian Ag Foundation is located in Macon, IL. The organization was established in 2019. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian Ag 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 12/2023, Meridian Ag Foundation generated $47.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $152.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AGRICULTURAL PROGRAMS AT MERIDIAN HIGH SCHOOL IN MACON IL
Describe the Organization's Program Activity:
Part 3
CONTRIBUTION OF $2,057 FOR MERIDIAN FFA SWEET CORN PORK CHOP FUNDRAISER
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Pistorius President | 2 | $0 | |
Jeffrey H Brown Vice President | 1 | $0 | |
James Snow Treasurer | 2 | $0 | |
Jeffrey M Brown Secretary | 1 | $0 | |
N Duane Noland Fundraising VP | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,710 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $92 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,802 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,141 |
| Other expenses | $234 |
| Total expenses | $152,925 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,486 |
| Other assets | $0 |
| Total assets | $68,486 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,486 |
Over the last fiscal year, Meridian Ag Foundation has awarded $110,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MERIDIAN COMMUNITY UNIT SCHOOL DISTRICT NO 15 PURPOSE: For expenditures related to construction of Meridian Ag Tech Facilities | $10,000 |
MERIDIAN COMMUNITY UNIT SCHOOL DISTRICT NO 15 PURPOSE: For expenditures related to construction of Meridian Ag Tech Facilities | $20,000 |
MERIDIAN COMMUNITY UNIT SCHOOL DISTRICT NO 15 PURPOSE: Architectural design of Ag Tech building | $80,000 |