California Farmlink

Organization Overview

California Farmlink is located in Aptos, CA. The organization was established in 1999. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2021, California Farmlink employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Farmlink 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 12/2021, California Farmlink generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 13.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INVEST IN THE PROSPERITY OF FARMERS AND RANCHERS THROUGH LENDING, EDUCATION AND ACCESS TO LAND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FARM AND RANCH PROSPERITY LOAN PROGRAM - THIS PROGRAM IS SUPPORTED BY $6,311,843 IN GRANT FUNDING AND $1,206,022 IN EARNED REVENUE WITH $1,085,680 IN TOTAL EXPENSES. FARMLINK'S FARM AND RANCH PROSPERITY LOAN PROGRAM PROVIDES FINANCING TO LOW-INCOME, UNDERSERVED, IMMIGRANT, AND BEGINNING AGRICULTURAL PRODUCERS ACROSS CALIFORNIA. FARMLINK WAS CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) IN 2013 AND CONTINUES TO EXPAND ITS IMPACT, INCLUDING THE ACQUISITION IN 2021 OF A PORTFOLIO OF 15 FISHING BUSINESS LOANS FROM COMMUNITY VISION CAPITAL AND CONSULTING. FARMLINK MADE 126 LOANS IN 2021 WITH AN AVERAGE LOAN SIZE OF $63,053. SEE SCHEDULE O FOR MORE INFORMATION.


LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS - THESE PROGRAMS ARE SUPPORTED BY $1,219,243 IN GRANT FUNDING WITH $981,414 IN EXPENSES.FARMLINK'S LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS PROVIDE ESSENTIAL TECHNICAL ASSISTANCE AND BUSINESS EDUCATION OPPORTUNITIES TO FARMERS, RANCHERS, AND FISHERS ACROSS THE STATE. THESE PROGRAMS INCLUDE ASSISTANCE WITH FINDING SUITABLE LAND FOR FARMING, LEASE ASSISTANCE, EXTENSIVE BUSINESS SKILLS PROGRAMS FOR SPANISH AND ENGLISH SPEAKING PRODUCERS IN THEIR FIRST 10 YEARS OF FARMING, AND A NEW PROGRAM TO ASSIST RETIRING FARMERS WITH CREATING SUCCESSION PLANS TO PASS THEIR FARM ASSETS AND BUSINESSES TO THE NEXT GENERATION. SEE SCHEDULE O FOR MORE INFORMATION.


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Board, Officers & Key Employees

Name (title)Compensation
Reginald V Knox
Executive Director
$125,355
Brett A Melone
Director Of Lending
$109,391
Jonathan Harrison
CFO
$71,993
Rob Hurlbut
Board Treasurer
$0
Marisa Alcorta
President & Chair
$0
Jennifer Sowerwine
Board Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,918,735
All other contributions, gifts, grants, and similar amounts not included above$4,885,821
Noncash contributions included in lines 1a–1f $20,313
Total Revenue from Contributions, Gifts, Grants & Similar$7,804,556
Total Program Service Revenue$1,127,610
Investment income $12,340
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $63
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,944,569

Grants Recieved

Over the last fiscal year, we have identified 13 grants that California Farmlink has recieved totaling $1,080,500.

Awarding OrganizationAmount
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$400,000
The Schmidt Family Foundation

Palo Alto, CA

PURPOSE: WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM

$150,000
The Schmidt Family Foundation

Palo Alto, CA

PURPOSE: WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM

$150,000
Opportunity Finance Network

Philadelphia, PA

PURPOSE: FINANCE JUSTICE FUND SUBGRANT

$125,000
Opportunity Finance Network

Philadelphia, PA

PURPOSE: OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG

$125,000
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL OPERATING GRANT

$50,000
View Grant Recipient Profile

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