PRAIRIE ROSE AGRICULTURAL INSTITUTE OF RESEARCH INNOVATION & EDUCATION

EIN: 863677307 501(c)(3) Food, Agriculture & Nutrition

MOORHEAD, MN

Total Revenue
$233,348
Total Expenses
$234,719
Total Assets
$192,214
Net Assets
$174,717
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MN
Principal Officer
VERNA KRAGNES
Phone
2183296755
Tax Period
2023-01-01 to 2023-12-31

PRAIRIE ROSE AGRICULTURAL INSTITUTE OF RESEARCH INNOVATION & EDUCATION, founded in 2021, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $233K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

UNITING COMPASSIONATE HEARTS AND SKILLS FROM MANY CULTURES FOR RESTORING HEALTH, AGRICULTURE, AND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $31,431

NEW ROOTS: THIS PROGRAM PROVIDES OPPORTUNITY FOR BEGINNING/EMERGING FARMERS TO HAVE ACCESS TO LAND, PRODUCT LIABILITY INSURANCE THROUGH AN UMBRELLA POLICY FOR THE FARM INCUBATOR, AND BUSINESS...

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NEW ROOTS: THIS PROGRAM PROVIDES OPPORTUNITY FOR BEGINNING/EMERGING FARMERS TO HAVE ACCESS TO LAND, PRODUCT LIABILITY INSURANCE THROUGH AN UMBRELLA POLICY FOR THE FARM INCUBATOR, AND BUSINESS PLANNING AND TECHNICAL TRAINING TO ASSIST THEM IN THEIR EFFORTS TO START A SMALL FARM ENTERPRISE.

Program 2
Expenses: $67,274

SMALL FARM FOLK SCHOOL: THIS PROGRAM IN 2023 PROVIDED FOLK EDUCATION AND TRAINING OPPORTUNITIES FOR 2 INTERNS. THE TRAINING CENTERED AROUND BIODYNAMIC FARMING AND GARDENING; MENTAL HEALTH WAS...

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SMALL FARM FOLK SCHOOL: THIS PROGRAM IN 2023 PROVIDED FOLK EDUCATION AND TRAINING OPPORTUNITIES FOR 2 INTERNS. THE TRAINING CENTERED AROUND BIODYNAMIC FARMING AND GARDENING; MENTAL HEALTH WAS SUPPORTED VIA DAY TRIPS TO THE HARM REDUCTION CENTER IN FARGO. A SUMMER AND FALL FESTIVAL WAS OPEN TO THE PUBLIC.

Program 3
Expenses: $42,899

YOUTH FOOD AND ECOLOGY PARTNERSHIP: YFE WAS FORMED IN 2022 TO PROVIDE DIRECTION AND INPUT TO THE FIRST VISTA VOLUNTEER, WHO ADDRESSED QUESTIONS OF COMMUNITY ACCESS TO HEALTHY FOOD. IN 2023, FOLLOWING...

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YOUTH FOOD AND ECOLOGY PARTNERSHIP: YFE WAS FORMED IN 2022 TO PROVIDE DIRECTION AND INPUT TO THE FIRST VISTA VOLUNTEER, WHO ADDRESSED QUESTIONS OF COMMUNITY ACCESS TO HEALTHY FOOD. IN 2023, FOLLOWING A YEAR OF WORK IDENTIFYING NEEDS AND OPPORTUNITIES, THE FYE LAUNCHED THE YOUTH STEWARDS PROGRAMS AND HOSTED 5 YOUTH TO ASSIST IN THE CARE OF GARDENS AT 3 LOCATIONS. PARTNERSHIP IN YFE HAS NOW EXPANDED TO INCLUDE BARAZA LA AFRIKA, CASA, HANASA, NEW AMERICAN DEVELOPMENT AGENCY, IMMIGRANT DEVELOPMENT CENTER, INDIGENOUS ASSOCIATION, AND FIRST CONGREGATIONAL UCC- MOORHEAD MN.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $231,373
Program Service Revenue $0
Investment Income $0
Other Revenue $1,975
TOTAL REVENUE $233,348

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,638
Fundraising Expenses $7,732
Program Expenses $141,604
Other Expenses $126,241
TOTAL EXPENSES $234,719

Year-over-Year Comparison

2023 2022 Change
Revenue $233,348 $302,532 -0.2%
Expenses $234,719 $126,444 +0.9%
Net Income $-1,371 $176,088 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
13
Volunteers
24

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
$31,327
Total Directors
9
$54,240
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERNA KRAGNES EXECUTIVE DI 36.00
Officer Director
$31,327 $0 $31,327
RICK HALL DIRECTOR 36.00
Director
$22,913 $0 $22,913
CECILIA AMADOU VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JENNIFER ARENDA TREASURER 1.00
Officer Director
$0 $0 $0
BRANDON BAITY PRESIDENT 1.00
Officer Director
$0 $0 $0
LEMOINE LAPOINTE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERTA NELSON SECRETARY 1.00
Officer Director
$0 $0 $0
CARLOS MARIANI ROSA BOARD MEMBER 1.00
Director
$0 $0 $0
DIPAYAN SARKAR 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $233,348 $234,719 $192,214 $-1,371
2022 $302,532 $126,444 $191,687 $176,088
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