NORTHEAST ORGANIC FARMING ASSOCVT

EIN: 223260420 501(c)(3) Arts, Culture & Humanities

RICHMOND, VT

Total Revenue
$6,989,703
Total Expenses
$6,314,141
Total Assets
$6,495,200
Net Assets
$5,489,561
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VT
Principal Officer
GRACE OEDEL
Tax Period
2023-01-01 to 2023-12-31

NORTHEAST ORGANIC FARMING ASSOCVT, founded in 1971, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.0M in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $6.3M left a modest 10% surplus.

Mission

THE NORTHEAST ORGANIC FARMING ASSOCIATION OF VERMONT PROMOTES ORGANIC PRACTICES TO BUILD AN ECOMNOMICALLY VIABLE, ECOLOGICALLY SOUND AND SOCIALLY JUST VERMONT AGRICULTURAL SYSTEM THAT BENEFITS ALL LIVING THINGS.

Program Service Accomplishments

Program 1
Expenses: $1,281,162 Revenue: $6,611

THE LOCAL FOOD ACCESS PROGRAM WORKS ACROSS A BROAD SPECTRUM OF EFFORTS ON THE CONSUMER SIDE OF THE FOOD SYSTEM TO EXPAND ACCESS AND DEVELOP THE MARKET FOR LOCAL AND ORGANIC FOOD. THIS TEAM INCLUDES...

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THE LOCAL FOOD ACCESS PROGRAM WORKS ACROSS A BROAD SPECTRUM OF EFFORTS ON THE CONSUMER SIDE OF THE FOOD SYSTEM TO EXPAND ACCESS AND DEVELOP THE MARKET FOR LOCAL AND ORGANIC FOOD. THIS TEAM INCLUDES: SUPPORT FOR SCHOOL AND OTHER INSTITUTIONAL FOOD SERVICE PRESSIONALS ABOUT HOW TO PROCURE AND UTILIZE LOCAL FOOD; MARKETING AND AND TECNNICAL ASSISTANCE SUPPORT FOR DIRECT MARKETING FARMS; COORDINATION OF THE VERMONT FARMERS MARKET ASSOCIATION; SUPPORT AND TECHNICAL ASSISTANCE DIRECT MARKETERS AND FARMERS MARKETS TO ACCEPT 3SQUARESVT/SNAP BENEFITS, AND OUR RELATED FOOD ACCESS PROGRAMS, FARMSHARE (SLIDING SCALE COST SHARING FOR CSAS) AND CROPCASH/FARM STAND MATCH(1:1 MATCH FOR TRANSACTIONS USING 3SQUARESVT BENEFITS AT PARTICPATING FARMERS MARKETS/FARM STANDS).

Program 2
Expenses: $2,204,596 Revenue: $4,435

THE FARMER SERVICE PROGRAM PROVIDES CUSTOMIZED FARM BUSINESS PLANNING SUPPORT TO FARMERS AT ALL STAGES OF BUSINESS DEVELOPMENT TO DEVELOP PLANS AND BUILD THE SKILLS NEEDED TO MEET THEIR BUSINESS AND...

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THE FARMER SERVICE PROGRAM PROVIDES CUSTOMIZED FARM BUSINESS PLANNING SUPPORT TO FARMERS AT ALL STAGES OF BUSINESS DEVELOPMENT TO DEVELOP PLANS AND BUILD THE SKILLS NEEDED TO MEET THEIR BUSINESS AND QUALITY OF LIFE GOALS. WE WORK WITH FARMS THAT ARE CERTIFICED ORGANIC, TRANSIIONING TO ORGANIC OR THAT ARE USING ORGANIC PRACTICES. SERVICES ARE DELIVERED AT THE INDIVIDUAL FARM LEVEL AND ALSO THROUGH CULTIVATION OF PEER LEARNING OPPORTUNITIES, BRINGING TOGETHER COHORTS OF FAMERS, AND OFFERING A WIDE ARRAY OF EDUCATIONAL AND NETOWRKING OPPORTUNITIES.

Program 3
Expenses: $1,355,828 Revenue: $1,135,219

THE VERMONT ORGANIC FARMERS PROGRAM CERTIFIES FARMS AND PROCESSORS TO THE USDA REGULARTION FOR ORGANIC PRODUCTION. OVER 730 FARMS AND PROCESSORS WERE CERTIFIED ORGANIC IN 2023. THE PROGRAM IS...

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THE VERMONT ORGANIC FARMERS PROGRAM CERTIFIES FARMS AND PROCESSORS TO THE USDA REGULARTION FOR ORGANIC PRODUCTION. OVER 730 FARMS AND PROCESSORS WERE CERTIFIED ORGANIC IN 2023. THE PROGRAM IS OPERATED UNDER VERMONT ORGANIC FARMERS LLC (VOF) AND IS ACCREDITED UNDER THE USDA NATIONAL ORGANIC PROGRAM, WHICH ALLOWS PRODUCERS TO CONTINUE TO BE CERTIFIED BY VOF AND TO USE THE VOF CERTIFICATION LOGO TO REPRESENT THEIR PRODUCTS AS ORGANIC.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,674,948
Program Service Revenue $1,237,342
Investment Income $74,776
Other Revenue $2,637
TOTAL REVENUE $6,989,703

Expense Breakdown

Grants Paid $2,475,374
Salaries & Benefits $2,274,645
Fundraising Expenses $180,058
Program Expenses $5,509,770
Other Expenses $1,564,122
TOTAL EXPENSES $6,314,141

Year-over-Year Comparison

2023 2022 Change
Revenue $6,989,703 $3,655,887 +0.9%
Expenses $6,314,141 $3,059,715 +1.1%
Net Income $675,562 $596,172 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
42
Volunteers
62

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$251,081
Total Directors
12
$5,869
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE THRESHER PRESIDENT 1.00
Officer Director
$575 $0 $575
ERIC SORKIN TREASURER 1.00
Officer Director
$575 $0 $575
JOE BOSSEN BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL CESARIO BOARD MEMBER 1.00
Director
$575 $0 $575
MAGGIE DONIN BOARD MEMBER 1.00
Director
$575 $0 $575
ABBIE CORSE BOARD MEMBER 1.00
Director
$575 $0 $575
PETER FORBES BOARD MEMBER 1.00
Director
$575 $0 $575
TODD HARDIE BOARD MEMBER 1.00
Director
$575 $0 $575
SOPHIE KRUSZEWSKI BOARD MEMBER 1.00
Director
$575 $0 $575
CAROLINA LUKAC BOARD MEMBER 1.00
Director
$694 $0 $694
BECKY MADDEN BOARD MEMBER 1.00
Director
$575 $0 $575
MIEKO OZEKI BOARD MEMBER 1.00
Director
$0 $0 $0
GRACE OEDEL EXECUTIVE DI 40.00
Officer
$127,724 $0 $127,724
NICOLE DEHNE DIRECTOR OF 40.00
Officer
$100,286 $3,009 $103,295
DONNA SAMSON FINANCE DIRE 32.00
Officer
$18,361 $551 $18,912
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,989,703 $6,314,141 $6,495,200 $675,562
2022 $3,211,661 $3,496,156 $4,818,124 $-284,495
2022 No data No data No data No data
2021 $3,655,887 $3,059,715 $5,671,372 $596,172
2021 No data No data $5,058,519 No data
2020 $3,372,951 $2,854,365 $4,876,069 $518,586
2020 $3,372,951 $2,854,365 $5,058,519 $518,586
2019 $2,783,473 $2,583,972 $4,073,348 $199,501
2019 $2,783,473 $2,583,972 $4,073,348 $199,501
2018 $2,563,947 $2,544,126 $3,735,587 $19,821
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