HARVESTPLUS SOLUTIONS INC

EIN: 833196486 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$768,814
Total Expenses
$768,814
Total Assets
$1,318,508
Net Assets
$6,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DC
Principal Officer
ARUN BARAL
Phone
2028625600
Tax Period
2023-01-01 to 2023-12-31

HARVESTPLUS SOLUTIONS INC, founded in 2018, is a small nonprofit in the International Affairs sector that reported $769K in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum.

Mission

HARVESTPLUS SOLUTIONS MISSION IS TO IMPROVE LIVES AND REDUCE HIDDEN HUNGER ON A GLOBAL SCALE BY PROVIDING MILLIONS OF PEOPLE INCREASED ACCESS TO MORE NUTRITIOUS VARIETIES OF NON-GENETICALLY MODIFIED NON-GMO STAPLE FOOD CROPS THAT HAVE HIGHER AMOUNTS OF SPECIFIC MINERALS AND VITAMINS THROUGH A PROCESS KNOWN AS BIOFORTIFICATION.HARVESTPLUS SOLUTIONS AIMS TO FOSTER MULTI-SECTORAL AND CROSS-DISCIPLINE COLLABORATION TO MAKE SUSTAINABLE ADVANCES IN INTEGRATING BIOFORTIFIED FOODS INTO GLOBAL SYSTEMS.

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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 $768,814
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $768,814

Expense Breakdown

Grants Paid $0
Salaries & Benefits $459,490
Fundraising Expenses $0
Program Expenses $671,670
Other Expenses $309,324
TOTAL EXPENSES $768,814

Year-over-Year Comparison

2023 2022 Change
Revenue $768,814 $274,527 +1.8%
Expenses $768,814 $274,527 +1.8%
Net Income $0 $0 N/A
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

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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
5
Independent Members
5
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
1
$147,711
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMITAVA ROY BOARD MEMBER 0.23
Director
$0 $0 $0
ANDREW NATSIOS BOARD MEMBER 0.23
Director
$0 $0 $0
ANDREW PRENTICE - Until 11-17-23 BOARD MEMBER 0.23
Director
$0 $0 $0
DAVID GOVERNEY - Until 11-17-23 BOARD MEMBER 0.23
Director
$0 $0 $0
DJIME ADOUM - Until 15-17-2023 BOARD MEMBER 0.23
Director
$0 $0 $0
ESI FORIWA AMOAFUL BOARD MEMBER 0.23
Director
$0 $0 $0
JOE TOHME BOARD MEMBER 0.23
Director
$0 $0 $0
KEN NOAH DAVIES - Until 11-17-23 BOARD MEMBER 0.23
Director
$0 $0 $0
AMOS NAMANGA NGONGI - Until Nov 17 BOARD MEMBER 0.23
Director
$0 $0 $0
PAULUS VERSCHUREN - Until 11-17-23 BOARD MEMBER 0.23
Director
$0 $0 $0
HILLARY WILD BOARD MEMBER 0.23
Director
$0 $0 $0
ARUN BARAL CEO 16.00
Officer
$121,365 $26,346 $147,711
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 $768,814 $768,814 $1,318,508 No data
2022 $274,527 $274,527 No data No data
2021 $398,147 $398,147 No data No data
2020 $278,050 $278,050 $162,885 No data
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