The Global Farmer Network Foundation
Global Farmer Network Foundation experiences significant financial deficit in 2023 after two years of surpluses.
EIN: 200257731 · Des Moines, IA · NTEE: K20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $807K |
| Total Expenses | $1.0M |
| Program Spending | 75% |
| Net Assets | $860K |
| Transparency Score | 70/100 |
Is The Global Farmer Network Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Global Farmer Network Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Global Farmer Network Foundation
The Global Farmer Network Foundation (EIN: 200257731) is a nonprofit organization based in Des Moines, IA, classified under NTEE code K20. The organization reported total revenue of $807K and total assets of $781K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Global Farmer Network Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Global Farmer Network Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $712K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-314,944 |
| Total Assets | $861K |
| Total Liabilities | $997 |
| Net Assets | $860K |
| Operating Margin | -44.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, The Global Farmer Network Foundation reported a deficit of $315K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Global Farmer Network Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.1% | +51.3% | -27.6% |
| 2022 | +48.0% | +362.9% | +42.0% |
| 2021 | +506.9% | +38.5% | +183.4% |
| 2020 | -58.8% | +728.1% | +2.3% |
| 2019 | +561.4% | -73.6% | +799.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Global Farmer Network Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Global Farmer Network Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $315K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through other means not classified as officer compensation on the 990, which is a positive for minimizing overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Global Farmer Network Foundation's IRS 990 filings:
- Significant financial deficit in 2023 ($314,944) where expenses exceeded revenue.
- Volatile financial performance with large swings in revenue and expenses year-over-year.
- Increase in liabilities from $14,593 in 2022 to $997 in 2023, though the absolute amount is still relatively low.
Strengths
The following positive indicators were identified for The Global Farmer Network Foundation:
- No reported officer compensation across all available filings, indicating efficient use of funds for leadership.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Periods of strong financial surpluses in 2021 and 2022, indicating capacity for significant program investment.
Frequently Asked Questions about The Global Farmer Network Foundation
Is The Global Farmer Network Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Global Farmer Network Foundation (EIN: 200257731) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does The Global Farmer Network Foundation spend its money?
The Global Farmer Network Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Global Farmer Network Foundation tax-deductible?
The Global Farmer Network Foundation is registered as a tax-exempt nonprofit (EIN: 200257731). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Global Farmer Network Foundation's spending goes to programs?
The Global Farmer Network Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Global Farmer Network Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), The Global Farmer Network Foundation is above average for NTEE category K20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Global Farmer Network Foundation located?
The Global Farmer Network Foundation is headquartered in Des Moines, Iowa and files with the IRS under EIN 200257731. It is classified under NTEE code K20.
How many years of IRS 990 filings does The Global Farmer Network Foundation have?
The Global Farmer Network Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $807K in total revenue.
What caused the significant deficit in 2023?
The 2023 filing shows expenses of $1,027,404 against revenue of $712,460, resulting in a deficit of over $300,000. Understanding the specific drivers of this increase in expenses or decrease in revenue would be crucial.
How does the organization plan to address the increase in liabilities in 2023?
Liabilities increased from $14,593 in 2022 to $997 in 2023. While the absolute amount is not extremely high, the significant jump warrants an explanation of its nature and repayment plan.
What is the long-term strategy for financial stability given the revenue and expense volatility?
The organization has experienced large swings in revenue and expenses, from a $146,744 expense year in 2021 to over $1 million in 2023. A clear strategy for managing this volatility would be beneficial.
What percentage of total expenses is allocated to program services?
Without a detailed functional expense breakdown in the provided data, it's difficult to ascertain the exact program spending ratio, which is a key indicator of efficiency.
Filing History
IRS 990 filing history for The Global Farmer Network Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Global Farmer Network Foundation's revenue has grown by 848.7%, moving from $75K to $712K. Total assets increased by 15681.5% over the same period, from $5K to $861K. Total functional expenses rose by 1058.2%, from $89K to $1.0M. In its most recent filing year (2023), The Global Farmer Network Foundation reported a deficit of $315K, with expenses exceeding revenue. The organization holds $997 in liabilities against $861K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $860K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $712K | $1.0M | $861K | $997 | — | — |
| 2022 | $1.0M | $679K | $1.2M | $15K | — | — |
| 2021 | $689K | $147K | $838K | $191 | — | — |
| 2020 | $113K | $106K | $296K | $0 | — | — |
| 2019 | $275K | $13K | $289K | $927 | — | View 990 |
| 2018 | $42K | $48K | $32K | $7K | — | View 990 |
| 2017 | $88K | $81K | $32K | $0 | — | View 990 |
| 2016 | $68K | $59K | $26K | $0 | — | View 990 |
| 2015 | $47K | $60K | $17K | $0 | — | View 990 |
| 2014 | $77K | $78K | $30K | $0 | — | View 990 |
| 2013 | $88K | $78K | $30K | $0 | — | View 990 |
| 2012 | $64K | $45K | $22K | $1K | — | View 990 |
| 2011 | $75K | $89K | $5K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $712K, expenses of $1.0M, and assets of $861K (revenue -30.1% year-over-year).
- 2022: Revenue of $1.0M, expenses of $679K, and assets of $1.2M (revenue +48.0% year-over-year).
- 2021: Revenue of $689K, expenses of $147K, and assets of $838K (revenue +506.9% year-over-year).
- 2020: Revenue of $113K, expenses of $106K, and assets of $296K (revenue -58.8% year-over-year).
- 2019: Revenue of $275K, expenses of $13K, and assets of $289K (revenue +561.4% year-over-year).
- 2018: Revenue of $42K, expenses of $48K, and assets of $32K (revenue -52.6% year-over-year).
- 2017: Revenue of $88K, expenses of $81K, and assets of $32K (revenue +30.0% year-over-year).
- 2016: Revenue of $68K, expenses of $59K, and assets of $26K (revenue +44.2% year-over-year).
- 2015: Revenue of $47K, expenses of $60K, and assets of $17K (revenue -39.4% year-over-year).
- 2014: Revenue of $77K, expenses of $78K, and assets of $30K (revenue -11.9% year-over-year).
- 2013: Revenue of $88K, expenses of $78K, and assets of $30K (revenue +38.0% year-over-year).
- 2012: Revenue of $64K, expenses of $45K, and assets of $22K (revenue -15.4% year-over-year).
- 2011: Revenue of $75K, expenses of $89K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Global Farmer Network Foundation:
Data Sources and Methodology
This transparency report for The Global Farmer Network Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.