RESOURCED INC

EIN: 474579794 501(c)(3) Food, Agriculture & Nutrition

SPRINGFIELD, MO

Total Revenue
$769,158
Total Expenses
$4,190,232
Total Assets
$7,677,362
Net Assets
$7,590,022
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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
2015
Legal Domicile
MO
Principal Officer
DAVID BETTS
Phone
5152252205
Tax Period
2024-01-01 to 2024-12-31

RESOURCED INC, founded in 2015, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $769K in total revenue in fiscal year 2024. Expenses of $4.2M exceeded revenue, resulting in a 445% operating deficit.

Mission

TO EFFECT A TRANSFORMATIVE IMPACT ON THE LIVELIHOODS OF SMALLHOLDER FARMERS AND AGRICULTURAL VALUE CHAIN ENTREPRENEURS. TO DEPLOY NOVEL TECHNOLOGIES THAT INCREASE ACCESS TO MORE NUTRITIOUS FOODS AND DIVERSE, PRODUCTIVE CROPS.

Program Service Accomplishments

Program 1
Expenses: $3,832,461 Revenue: $277,308

TEAMED WITH DEVELOPMENT ORGANIZATIONS AND GOVERNMENT AGENCIES TO MAXIMIZE THE VALUE OF AGRICULTURAL RESOURCES IN DEVELOPING COUNTRIES TO ACCELERATE INNOVATIONS LEADING TO MEANINGFUL AND LASTING...

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TEAMED WITH DEVELOPMENT ORGANIZATIONS AND GOVERNMENT AGENCIES TO MAXIMIZE THE VALUE OF AGRICULTURAL RESOURCES IN DEVELOPING COUNTRIES TO ACCELERATE INNOVATIONS LEADING TO MEANINGFUL AND LASTING CHANGE TO IMPROVE THE LIVES OF SMALLHOLDER FARMERS AND SOCIETY IN GENERAL.

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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 $403,680
Program Service Revenue $277,308
Investment Income $88,170
Other Revenue $0
TOTAL REVENUE $769,158

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,362,508
Fundraising Expenses $0
Program Expenses $3,832,461
Other Expenses $2,827,724
TOTAL EXPENSES $4,190,232

Year-over-Year Comparison

2024 2023 Change
Revenue $769,158 $798,859 0.0%
Expenses $4,190,232 $3,912,566 +0.1%
Net Income $-3,421,074 $-3,113,707 +0.1%
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
6
Volunteers
2

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
2
$585,567
Total Directors
4
$585,567
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK NELSON PRESIDENT 40.00
Officer Director
$313,367 $0 $313,367
WILL ROGERS SECRETARY; DIRECTOR 40.00
Officer Director
$272,200 $0 $272,200
JIM KIRKWOOD DIRECTOR 2.00
Director
$0 $0 $0
JOANNE HALE DIRECTOR 2.00
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
2024 $769,158 $4,190,232 $7,677,362 $-3,421,074
2023 $798,859 $3,912,566 $11,061,096 $-3,113,707
2022 $2,672,492 $3,776,978 $12,878,805 $-1,104,486
2021 $574,862 $2,420,294 $14,271,512 $-1,845,432
2020 $14,287,670 $2,711,543 $17,207,173 $11,576,127
2019 $2,900,261 $2,198,551 $4,720,005 $701,710
2018 $4,784,231 $2,392,711 $4,236,313 $2,391,520
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