FOUNDATION FOR AGRICULTURAL AND RURAL RESOURCES MANAGEMENT AND SUSTAINABILITY

EIN: 450456558 501(c)(3) Environment

MINOT, ND

Total Revenue
$427,888
Total Expenses
$409,833
Total Assets
$370,453
Net Assets
$364,516
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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
2000
Legal Domicile
ND
Principal Officer
STEPHANIE BLUMHAGEN
Phone
7018771794
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR AGRICULTURAL AND RURAL RESOURCES MANAGEMENT AND SUSTAINABILITY, founded in 2000, is a small nonprofit in the Environment sector that reported $428K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $410K left a modest 4% surplus.

Mission

TO ENHANCE THE SUSTAINABILITY OF FARMS AND RANCHES IN THEIR COMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $142,444 Revenue: $11,142

FARRMS WORKS TO DEVELOP, COORDINATE, AND EXPAND DIRECT PRODUCER-TO-CONSUMER MARKETS TO HELP INCREASE ACCESS TO AND AVAILABILITY OF LOCALLY AND REGIONALLY PRODUCED AGRICULTURAL PRODUCTS.

Program 2
Expenses: $72,605 Revenue: $105,000

FARRMS WORKS TO SUPPORT FARMS AND FOOD BUSINESSES TO CREATE NEW MARKET OPPORTUNITIES, ENHANCE COMPETITIVENESS, AND STRENGTHEN THEIR REGIONAL SUPPLY CHAINS.

Program 3
Expenses: $58,677 Revenue: $43,321

FARRMS WORKS TO PROVIDE TECHNICAL ASSISTANCE AND WRAP-AROUND SUPPORT FOR TRANSITIONING AND EXISTING ORGANIC FARMERS.

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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 $170,977
Program Service Revenue $245,696
Investment Income $4,858
Other Revenue $6,357
TOTAL REVENUE $427,888

Expense Breakdown

Grants Paid $3,750
Salaries & Benefits $269,880
Fundraising Expenses $4,648
Program Expenses $316,430
Other Expenses $136,203
TOTAL EXPENSES $409,833

Year-over-Year Comparison

2024 2023 Change
Revenue $427,888 $254,340 +0.7%
Expenses $409,833 $337,970 +0.2%
Net Income $18,055 $-83,630 -1.2%
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
4
Independent Members
4
Employees
10
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
5
$91,068
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDY BERG PRESIDENT 1.00
Officer Director
$0 $0 $0
BRITNEY BARNETT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PAUL OVERBY SECRETARY 1.00
Officer Director
$0 $0 $0
JANE SCHRECK TREASURER 1.00
Officer Director
$0 $0 $0
STEPHANIE BLUMHAGEN EXECUTIVE DIRECTOR 40.00
Officer
$83,549 $7,519 $91,068
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 $427,888 $409,833 $370,453 $18,055
2023 $254,340 $337,970 $318,521 $-83,630
2022 $223,938 $244,438 $401,521 $-20,500
2021 $258,881 $280,415 $419,459 $-21,534
2019 $449,840 $286,440 $476,899 $163,400
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