Farm Journal Agricultural Foundation

EIN: 273513787 501(c)(3) Philanthropy & Grantmaking

WASHINGTON, DC

Total Revenue
$1,286,707
Total Expenses
$2,922,826
Total Assets
$2,519,520
Net Assets
$1,877,066
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
PA
Phone
3146200024
Tax Period
2023-01-01 to 2023-12-31

Farm Journal Agricultural Foundation, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 127% operating deficit.

Mission

FARM JOURNAL FOUNDATION'S (FJF) MISSION IS TO MEET THE VITAL NEEDS OF THE GLOBAL POPULATION THROUGH AGRICULTURE. FARM JOURNAL FOUNDATION IS AN INDEPENDENT 501(C)3 NONPROFIT, NONPARTISAN ORGANIZATION THAT BRINGS TOGETHER STAKEHOLDERS FROM ACROSS THE AGRICULTURAL SPECTRUM - FARMERS, INDUSTRY LEADERS, ACADEMIA, STUDENTS, AND CONSUMERS. WE PROVIDE EDUCATION ON HOW INNOVATIVE AGRICULTURE CAN SOLVE SOME OF THE WORLD'S BIGGEST CHALLENGES - SUCH AS GLOBAL HUNGER AND MALNUTRITION - AND WE WORK WITH LEADERS TO DRIVE LONG-TERM POSITIVE ACTION.

Program Service Accomplishments

Program 1
Expenses: $1,020,835

GOVERNMENT AFFAIRS: GLOBAL FOOD SECURITY/AGRICULTURE RESEARCH AND DEVELOPMENT FJF HAS DEEP ROOTS IN AGRICULTURAL POLICY CIRCLES IN WASHINGTON D.C., WHERE WE EDUCATE GOVERNMENT LEADERS ABOUT THE VALUE...

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GOVERNMENT AFFAIRS: GLOBAL FOOD SECURITY/AGRICULTURE RESEARCH AND DEVELOPMENT FJF HAS DEEP ROOTS IN AGRICULTURAL POLICY CIRCLES IN WASHINGTON D.C., WHERE WE EDUCATE GOVERNMENT LEADERS ABOUT THE VALUE OF TAKING MEASUABLE ACTION ON ISSUES INCLUDING GLOBAL FOOD AND NUTRITION SECURITY, SUSTAINABLE FOOD SYSTEMS, AND AGRICULTURAL INNOVATION. WE MANAGE A NATIONWIDE NETWORK OF FARMER AMBASSADORS WHO ARE PASSIONATE ABOUT THESE ISSUES AND PARTNER WITH US ON OUTREACH WITH POLICYMAKERS IN WASHINGTON D.C. AND AT EVENTS IN THEIR HOME STATES. THE OBJECTIVE OF THIS WORK IS TO PROVIDE EDUCATION TO POLICYMAKERS THAT EMPOWERS THEM TO UNDERSTAND AND BECOME CHAMPIONS FOR AGRICULTURE AS A MECHANISM FOR POSITIVE, LONG-TERM SOCIETAL OUTCOMES. NUMBER OF FARMER AMBASSADORS MANAGED: 25 NUMBER OF FARMER AMBASSADOR MEETINGS WITH NATIONAL-LEVEL POLICYMAKERS IN WASHINGTON D.C.: 80 NUMBER OF FARMER AMBASSADOR MEETINGS WITH NATIONAL-LEVEL POLICYMAKERS IN HOME STATES: 4 PRIMARY FUNDING PARTNER FOR THIS WORK: BILL AND MELINDA GATES FOUNDATION.

Program 2
Expenses: $951,768

CONSERVATION AGRICULTURE: FARM JOURNAL FOUNDATION OPERATES A NUMBER OF CONSERVATION PROGRAMS WITH SUPPORT FROM THE U.S. DEPARTMENT OF AGRICULTURE AND OTHER IMPORTANT PARTNERS. WE ARE ALSO A LONG-TERM...

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CONSERVATION AGRICULTURE: FARM JOURNAL FOUNDATION OPERATES A NUMBER OF CONSERVATION PROGRAMS WITH SUPPORT FROM THE U.S. DEPARTMENT OF AGRICULTURE AND OTHER IMPORTANT PARTNERS. WE ARE ALSO A LONG-TERM PARTNER IN AMERICA'S CONSERVATION AG MOVEMENT, A COALITION OF AGRICULTURE INDUSTRY LEADERS THAT INCLUDES FARM JOURNAL'S TRUST IN FOOD AND THE USDA'S NATURAL RESOURCE CONSERVATION SERVICE. THIS PROGRAM WORKS TO ELIMINATE OBSTACLES THAT IMPEDE FARMERS' ADOPTION OF CONSERVATION PRACTICES AND HOSTS SHOP TALKS, FIELD DAYS, AND OTHER OUTREACH EVENTS THAT ALLOW PRODUCERS TO TALK ABOUT CONSERVATION OPPORTUNITIES.

Program 3
Expenses: $452,818

FJF's veterinarian workforce development program supports aspiring rural veterinarians in overcoming challenges that can prevent them from building long-term, meaningful careers in the industry...

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FJF's veterinarian workforce development program supports aspiring rural veterinarians in overcoming challenges that can prevent them from building long-term, meaningful careers in the industry, including financial pressures stemming from high levels of student debt, heavy workloads, and the need to evolve skills to meet changing needs from the livestock and poultry industries.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,225,416
Program Service Revenue $0
Investment Income $61,291
Other Revenue $0
TOTAL REVENUE $1,286,707

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $162,674
Program Expenses $2,607,763
Other Expenses $2,922,826
TOTAL EXPENSES $2,922,826

Year-over-Year Comparison

2023 2022 Change
Revenue $1,286,707 $6,177,752 -0.8%
Expenses $2,922,826 $3,183,816 -0.1%
Net Income $-1,636,119 $2,993,936 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
37

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CHAIRMAN & BOARD MEMBER 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 0.5
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 0.5
Director
$0 $0 $0
N/A BOARD MEMBER 0.5
Director
$0 $0 $0
N/A BOARD MEMBER 0.5
Director
$0 $0 $0
N/A TREASURER & SECRETARY 1.5
Officer
$0 $0 $0
N/A CHIEF EXECUTIVE OFFICER 40.0
Officer
$0 $0 $0
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 $1,286,707 $2,922,826 $2,519,520 $-1,636,119
2022 $6,177,752 $3,183,816 $4,405,268 $2,993,936
2021 $1,711,147 $2,427,541 $815,504 $-716,394
2020 $1,299,109 $1,873,193 $1,677,472 $-574,084
2019 $640,919 $1,425,246 $1,879,100 $-784,327
2018 $3,129,756 $1,152,441 $2,628,342 $1,977,315
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