FARM AID INC

EIN: 363383233 501(c)(3) Food, Agriculture & Nutrition

CAMBRIDGE, MA

Total Revenue
$4,039,327
Total Expenses
$5,210,917
Total Assets
$10,278,401
Net Assets
$9,845,946
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IL
Principal Officer
JENNIFER FAHY
Phone
6173542922
Tax Period
2024-01-01 to 2024-12-31

FARM AID INC, founded in 1985, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.0M in total revenue in fiscal year 2024. Expenses of $5.2M exceeded revenue, resulting in a 29% operating deficit.

Mission

FARM AID'S MISSION IS TO BUILD A VIBRANT, FAMILY FARM-CENTERED SYSTEM OF AGRICULTURE IN AMERICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,941,895
Program Service Revenue $36,716
Investment Income $391,175
Other Revenue $669,541
TOTAL REVENUE $4,039,327

Expense Breakdown

Grants Paid $1,453,137
Salaries & Benefits $1,903,227
Fundraising Expenses $281,127
Program Expenses $4,583,605
Other Expenses $1,854,553
TOTAL EXPENSES $5,210,917

Year-over-Year Comparison

2024 2023 Change
Revenue $4,039,327 $4,013,981 +0.0%
Expenses $5,210,917 $4,581,453 +0.1%
Net Income $-1,171,590 $-567,472 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
24
Volunteers
494

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
4
$212,950
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIE NELSON CHAIRMAN/DIRECTOR 1.00
Officer Director
$0 $0 $0
LANA NELSON SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
DAVID MATTHEWS DIRECTOR 1.00
Director
$0 $0 $0
JOHN MELLENCAMP DIRECTOR 1.00
Director
$0 $0 $0
MARK ROTHBAUM DIRECTOR 1.00
Director
$0 $0 $0
NEIL YOUNG DIRECTOR 1.00
Director
$0 $0 $0
ANNIE NELSON DIRECTOR 1.00
Director
$0 $0 $0
MARGO PRICE DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN MUGAR EXE. DIRECTOR & VICE PRESIDENT 20.00
Officer
$75,505 $0 $75,505
GLENDA YODER ASSISTANT TREASURER 35.00
Officer
$130,831 $6,614 $137,445
JENNIFER FAHY COMMUNICATIONS DIRECTOR 35.00
Highest
$126,627 $26,825 $153,452
CAROLINE MCCORMICK OPERATIONS DIRECTOR 35.00
Highest
$123,984 $35,128 $159,112
SHORLETTE AMMONS PROGRAM DIRECTOR 35.00
Highest
$111,985 $20,248 $132,233
STEPHEN SNYDER DEVELOPMENT & BRAND DIRECTOR 35.00
Highest
$102,292 $24,520 $126,812
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 $4,039,327 $5,210,917 $10,278,401 $-1,171,590
2023 $4,013,981 $4,581,453 $11,753,712 $-567,472
2022 $4,720,689 $3,568,656 $12,312,057 $1,152,033
2021 $10,136,843 $2,813,738 $10,975,275 $7,323,105
2020 $2,448,081 $2,506,842 $3,537,834 $-58,761
2019 $2,901,028 $2,625,668 $3,496,370 $275,360
2018 $2,778,913 $2,132,476 $3,038,855 $646,437
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