MISSOURI AGRICULTURAL FOUNDATION

EIN: 474069731 501(c)(3) Food, Agriculture & Nutrition

TRUXTON, MO

Total Revenue
$19,070
Total Expenses
$12,541
Total Assets
$1,118,954
Net Assets
$1,118,954
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MO
Principal Officer
LEON BUSDIEKER
Phone
6362975511
Tax Period
2023-01-01 to 2023-12-31

MISSOURI AGRICULTURAL FOUNDATION, founded in 2015, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $19K in total revenue in fiscal year 2023. Revenue surged 540% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 34% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO SUPPORT PROJECTS THAT PROMOTE SOUND AGRICULTURAL PRACTICES, GROWTH IN AGRIBUSINESS AND AGRITOURISM, INTERNATIONAL AGRICULTURAL EXPORTS, URBAN AGRICULTURE, FOOD SAFETY, FARM SAFETY PRACTICES, YOUTH DEVELOPMENT AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $2,500

THE FOUNDATION SUPPORTS PROJECTS THAT SUPPORT AND PROMOTE SOUND AGRICULTURAL PRACTICES, GROWTH IN AGRIBUSINESS AND AGRITOURISM, INTERNATIONAL AGRICULTURAL EXPORTS, URBAN AGRICULTURE, FOOD SAFETY...

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THE FOUNDATION SUPPORTS PROJECTS THAT SUPPORT AND PROMOTE SOUND AGRICULTURAL PRACTICES, GROWTH IN AGRIBUSINESS AND AGRITOURISM, INTERNATIONAL AGRICULTURAL EXPORTS, URBAN AGRICULTURE, FOOD SAFETY, FARM SAFETY PRACTICES, YOUTH DEVELOPMENT AND EDUCATION.CURRENT ACTIVITIES INCLUDE MISSOURI BEEF INITIATIVE. THE FOUNDATION IS PROVIDING GRANTS TO FUND UNIVERSITY BEEF RESEARCH UTILIZING COVERED FEEDING FACILITIES; DEVELOPMENT OF A PROGRAM TO TEST REPLACEMENT HEIFERS AND/OR BULLS FOR FESCUE TOLERANCE; DEVELOPMENT OF A PROGRAM TO REWARD INNOVATIVE SOLUTIONS FOR ADDING VALUE TO MISSOURI'S BEEF INDUSTRY; AND DEVELOPMENT OF A PROGRAM TO FINANCIALLY SUPPORT SMALL BEEF PROCESSORS TO MODERNIZE AND TO PROMOTE THE PROCESSING AND MARKETING OF MORE MISSOURI BEEF PRODUCTS.FUNDING FOR THE MISSOURI BEEF INITIATIVE WAS APPROPRIATED BY THE 97TH GENERAL ASSEMBLY, SECOND REGULAR SESSION, BY HOUSE BILL 2007, SECTION 7.030 FOR GRANTS TO NOT-FOR-PROFIT ORGANIZATIONS TO CONDUCT APPLIED RESEARCH AND/OR COMMERCIALIZE RESEARCH RELATED TO THE BEEF CATTLE INDUSTRY. THE FUNDS WERE RECEIVED AND HELD BY THE MISSOURI TECHNOLOGY CORPORATIONS.THE FOUNDATION WILL ALSO BE MAKING GRANTS TO ORGANIZATIONS COMMITTING TO USE SUCH PROCEEDS TO FUND CAPITAL IMPROVEMENTS IN PUBLIC FACILITIES WHOSE PURPOSE IS TO SUPPORT, PROMOTE AND/OR PROVIDE EDUCATIONAL PROGRAMMING AND TOURISM VENUES FOR MISSOURI AGRICULTURE. A COMMITTEE WILL BE FORMED AND WILL MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS OF THE FOUNDATION FOR THE USE OF THESE FUNDS. FUNDING FOR THIS AGRICULTURE EDUCATION AND TOURISM PROJECT IS RECEIVED FROM ANOTHER BRANCH OF MISSOURI GOVERNMENT, THE MISSOURI AGRICULTURAL SMALL BUSINESS DEVELOPMENT AUTHORITY.GRANT AGREEMENTS FOR THE MISSOURI BEEF INITIATIVE ARE CURRENTLY BEING DRAFTED FOR THE AWARDED PROJECTS. THE FOUNDATION HELD ITS FIRST MISSOURI AGRICULTURAL FOUNDATION KICK-OFF EVENT DECEMBER 2015.

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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 $0
Program Service Revenue $0
Investment Income $19,070
Other Revenue $0
TOTAL REVENUE $19,070

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $5,000
Fundraising Expenses $0
Program Expenses $2,500
Other Expenses $5,041
TOTAL EXPENSES $12,541

Year-over-Year Comparison

2023 2022 Change
Revenue $19,070 $2,978 +5.4%
Expenses $12,541 $28,978 -0.6%
Net Income $6,529 $-26,000 -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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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
$5,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEON BUSDIEKER PRESIDENT 1.00
Officer Director
$0 $0 $0
MADELINE THOMAS SECRETARY 1.00
Officer Director
$0 $0 $0
KRISTIE LARSON TREASURER 1.00
Officer Director
$0 $0 $0
CHRIS CHINN BOARD MEMBER 1.00
Director
$0 $0 $0
BOB IDEL BOARD MEMBER 1.00
Director
$0 $0 $0
DON NIKODIM BOARD MEMBER 1.00
Director
$0 $0 $0
BLAKE ROLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF HOUTS BOARD MEMBER 1.00
Director
$0 $0 $0
KURT HAMILTON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TERESA LEE EXECUTIVE DIRECTOR 12.00
Officer
$5,000 $0 $5,000
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 $19,070 $12,541 $1,118,954 $6,529
2022 $2,978 $28,978 $1,112,425 $-26,000
2021 $501,870 $164,211 $1,138,425 $337,659
2020 $5,685 $13,566 $800,766 $-7,881
2019 $26,343 $94,446 $808,647 $-68,103
2018 $27,598 $142,833 $878,550 $-115,235
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