GRAND FARM RESEARCH AND EDUCATION INITIATIVE INC (EIN 844653314) - 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

2021

Legal Domicile

Principal Officer

GREG TEHVEN

Phone

7013068761

Tax Period

2023-01-01 to 2023-12-31

GRAND FARM RESEARCH AND EDUCATION INITIATIVE INC, founded in 2021, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $11.3M in total revenue in fiscal year 2023. Revenue surged 161% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.5M, a strong 84% operating margin.

Mission

ENABLING TECHNOLOGY TO FEED THE WORLD

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,182,574

Program Service Revenue $43,490

Investment Income $89,549

Other Revenue $0

TOTAL REVENUE $11,315,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $766,532

Fundraising Expenses $37,095

Program Expenses $1,565,185

Other Expenses $1,062,428

TOTAL EXPENSES $1,828,960

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,315,613	$4,330,636	+1.6%
Expenses	$1,828,960	$835,331	+1.2%
Net Income	$9,486,653	$3,495,305	+1.7%

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

N/A

Volunteers

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

Total Directors

$189,993

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG TEHVEN	CHAIRMAN	1.00	Director	$0	$14,033	$189,993
MARK WATNE	VICE CHAIR	1.00	Director	$0	$0	$0
CYNTHIA SCHREIBER-BECK	SECRETARY	1.00	Director	$0	$0	$0
TAYA SPELLHAUG	BOARD MEMBER	1.00	Director	$0	$0	$0
DR STEVEN KAPPES	BOARD MEMBER	1.00	Director	$0	$0	$0
JAKE JORRANSTAD	BOARD MEMBER	1.00	Director	$0	$0	$0
JON ERICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RON HOLIDAY	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA FYRE	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$11,315,613	$1,828,960	$17,168,916	$9,486,653
2022	$4,330,636	$835,331	$4,493,584	$3,495,305
2021	No data	No data	No data	No data

GRAND FARM RESEARCH AND EDUCATION INITIATIVE INC