SPROUT URBAN FARMS INC (EIN 453707870) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

JEREMY ANDREWS

Phone

2698320777

Tax Period

2024-01-01 to 2024-12-31

SPROUT URBAN FARMS INC, founded in 2009, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $670K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $991K exceeded revenue, resulting in a 48% operating deficit.

Mission

WE ARE A BATTLE CREEK COMMUNITY FOOD NETWORK OF BACKYARD, COMMUNITY AND INSTITUTIONAL GARDENERS AND FARMERS, SHARING RESOURCES AND EDUCATIONAL OPPORTUNITIES WITH A FOCUS ON IMPROVING FOOD ACCESS FOR ALL THE RESIDENTS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $632,084

Program Service Revenue $37,170

Investment Income $239

Other Revenue $881

TOTAL REVENUE $670,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $325,036

Fundraising Expenses $0

Program Expenses $786,996

Other Expenses $665,587

TOTAL EXPENSES $990,623

Year-over-Year Comparison

	2024	2023	Change
Revenue	$670,374	$1,848,018	-0.6%
Expenses	$990,623	$644,328	+0.5%
Net Income	$-320,249	$1,203,690	-1.3%

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

Governance

Voting Members

Independent Members

Employees

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

$61,295

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JARED KIRTLEY	PRESIDENT	0.10	Officer Director	$0	$0	$0
JOAN NORRIS MILLER	SECRETARY	0.10	Officer Director	$0	$0	$0
GIANNA ANDERT	DIRECTOR	0.10	Director	$0	$0	$0
JENASIA MORRIS	DIRECTOR	0.10	Director	$0	$0	$0
RACHEL OSTRANDER	VICE PRESIDE	0.10	Officer Director	$0	$0	$0
BARBIE HILLMAN	TREASURER	0.10	Officer Director	$0	$0	$0
CAITLYNN NEWMAN	DIRECTOR	0.10	Director	$0	$0	$0
JEREMY ANDREWS	EXECUTIVE DI	40.00	Officer	$61,295	$0	$61,295

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	$670,374	$990,623	$1,644,513	$-320,249
2023	$1,848,018	$644,328	$1,646,436	$1,203,690
2022	$587,434	$434,366	$446,791	$153,068
2021	$339,314	$423,309	$263,177	$-83,995
2020	$333,653	$431,770	$322,283	$-98,117
2018	$890,116	$353,867	$737,504	$536,249

SPROUT URBAN FARMS INC