GGEM Farming Inc

EIN: 992180041 501(c)(3) Food, Agriculture & Nutrition

Westland, MI

Total Revenue
$2,802,133
Total Expenses
$972,696
Total Assets
$3,079,437
Net Assets
$1,829,437
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Phone
3139804272
Tax Period
2023-01-01 to 2023-12-31

GGEM Farming Inc, founded in 2023, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.8M in total revenue in fiscal year 2023. The organization ran a surplus of $1.8M, a strong 65% operating margin.

Mission

GGEM Farming is a Social Enterprise based in Malawi. We identify local farmers, helping them to grow their yield and improve the quality of their crops. We do it through a combination of training, infrastructure development, and input loans. All made possible by forward-thinking partners. Our ethical marketplace aggregates their improved crops and puts more money back into farmers pockets. This approach uplifts farmers, their families and communities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,801,836
Program Service Revenue $0
Investment Income $297
Other Revenue $0
TOTAL REVENUE $2,802,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $759,782
Other Expenses $972,696
TOTAL EXPENSES $972,696

Year-over-Year Comparison

2023 2022 Change
Revenue $2,802,133 N/A N/A
Expenses $972,696 N/A N/A
Net Income $1,829,437 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
N/A
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kondwani Chijota CEO 20.00
Officer Director
$0 $0 $0
Dadiso Punungwe Treasurer 20.00
Officer Director
$0 $0 $0
Nyasha Mutyambizi President 2.00
Officer Director
$0 $0 $0
George Watson Director 4.00
Director
$0 $0 $0
Chenai Rusike 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
2023 $2,802,133 $972,696 $3,079,437 $1,829,437
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GGEM Farming Inc with other nonprofits in Michigan and across the country.