THE GLOBAL FARMER NETWORK

EIN: 421500468 Community Improvement

DES MOINES, IA

Total Revenue
$355,224
Total Expenses
$550,096
Total Assets
$11,852
Net Assets
$11,852
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IA
Principal Officer
Mary J Boote
Phone
5152740800
Tax Period
2021-01-01 to 2021-12-31

THE GLOBAL FARMER NETWORK, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $355K in total revenue in fiscal year 2021. Revenue decreased 11% compared to the prior year. Expenses of $550K exceeded revenue, resulting in a 55% operating deficit.

Mission

Social Welfare Purposes - to educate Americans of the benefits of expanding trade and to promote technological advances in agriculture.

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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 (2021)

Revenue Breakdown

Contributions & Grants $355,000
Program Service Revenue $0
Investment Income $224
Other Revenue $0
TOTAL REVENUE $355,224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $711
Program Expenses $519,579
Other Expenses $550,096
TOTAL EXPENSES $550,096

Year-over-Year Comparison

2021 2020 Change
Revenue $355,224 $398,930 -0.1%
Expenses $550,096 $311,329 +0.8%
Net Income $-194,872 $87,601 -3.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
N/A

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
$130,000
Total Directors
17
$130,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL HORAN Director 0.00
Director
$0 $0 $0
Reg Clause CHAIR/PRES/DIRECTOR 0.00
Director
$0 $0 $0
Tim Burrack VICE CHAIR/DIRECTOR 0.00
Officer Director
$0 $0 $0
Cherilyn Nagel DIRECTOR 0.00
Director
$0 $0 $0
John Rigolizzo Jr Director 0.00
Director
$0 $0 $0
Ted Sheely Director 0.00
Director
$0 $0 $0
Terry Wanzek Director 0.00
Director
$0 $0 $0
Mary J Boote CEO 60.00
Officer Director
$0 $130,000 $130,000
Carol Keiser-Long Secretary/Director 0.00
Officer Director
$0 $0 $0
Mark Wagoner Director 0.00
Director
$0 $0 $0
Dan Kelley Director 0.00
Director
$0 $0 $0
Joanna Lidback Treasurer/Director 0.00
Director
$0 $0 $0
V Ravichandran Director 0.00
Director
$0 $0 $0
Roberto Peiretti Director 0.00
Director
$0 $0 $0
Craige Mackenzie Director 0.00
Director
$0 $0 $0
Mark Heckman Director 0.00
Director
$0 $0 $0
Paul Temple Director 0.00
Director
$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
2021 $355,224 $550,096 $11,852 $-194,872
2020 $398,930 $311,329 $306,723 $87,601
2019 $444,813 $374,297 $119,121 $70,516
2018 $304,154 $405,131 $113,604 $-100,977
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