New Markets Lab FY2020 filing

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The corporation is organized for the charitable and educational purpose of: advance the spread of sustainable and equitable commercial agriculture along africa's "development corridors" in ways that measurably improve the income of small farmers and integrate them into a dynamic, internatinally competitive agricultural sector.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$260K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $45K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$260K
to officers and key staff · 50% of spending
Concern: pay to officers and key staff is 50% of spending; over 30%.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $153K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$59K
90% of total assets
Concern: liabilities are 90% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$622K
Spent
$518K
To programs
73%
Net assets
$7K
By yearFY2020–FY2024
Revenue
$622K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$622K
FY2021$541K
FY2022$519K
FY2023$724K
FY2024$577K
Expenses
$518K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$518K
FY2021$509K
FY2022$531K
FY2023$614K
FY2024$586K
Net assets
$7K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$7K
FY2021$39K
FY2022$10K
FY2023$124K
FY2024$115K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $380K Management & general 18% · $92K Fundraising 9% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $260K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & Dir
$260,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Katrin Kuhlmann’s $240K as President & Dir is at the 100th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Katrin Kuhlmann$240,000$240,000$240,000$240,000$260,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See New Markets Lab executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes sustainable farming in Africa to boost small farmers' incomes and integrate them into global markets.

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1 program · $380K · in their own filed words · FY2020
01

IN 2020, THE NEW MARKETS LAB PARTNERED WITH NEW AND EXISTING ORGANIZATIONS TO FURTHER ITS MISSION OF ADVANCING THE SPREAD OF SUSTAINABLE AND EQUITABLE COMMERCIAL AGRICULTURE TO THE BENEFIT OF SMALL FARMERS AND COMMUNITIES AND LEVERAGING LAW AND REGULATION AS A TOOL TO ADVANCE ECONOMIC AND SOCIAL DEVELOPMENT IN AN EVOLVING GLOBAL…

$380Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$153K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$622K
Ln 12
Gifts and grantsLn 1h$622K
Money outPt IX
$518K
Ln 25
Programscol B$380K
Managementcol C$92K
Fundraisingcol D$46K
Owns and owesPt X
$7K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$66K
LiabilitiesLn 26$59K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$622K
Gains on assetsLn 7$0
Total revenueLn 12$622K
Assets in detailPt X, end of year
CashLn 1$63K
SavingsLn 2$0
Cash and savings togetherLn 1–2$63K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$852
Other assetsLn 15$2K
Total assetsLn 16$66K
LiabilitiesLn 26$59K
Net assetsLn 32$7K
OperationsPt I, VI
EmployeesI 52
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$9K$63K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1K$852
Total assetsLn 16$15K$66K
LiabilitiesLn 26$112K$59K
Net assetsLn 32−$97K$7K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$260K$195K$26K$39K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$75K$51K$25K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$3K$2K$443$342
Payroll taxesLn 10$21K$15K$3K$2K
Management feesLn 11a$84K$84K
Legal feesLn 11b$510$510
Accounting feesLn 11c$1K$100$900
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$5K$770$4K$513
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$9K$8K$877
TravelLn 17$25K$23K$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K$2K$650
InterestLn 20$14K$14K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$341$52$255$34
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$9K$10$9K
All other expensesLn 24e$0
Total functional expensesLn 25$518K$380K$92K$46K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $577K$586K−$9K$115K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $724K$614K$110K$124K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $519K$531K−$12K$10K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $541K$509K$32K$39K 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $622K$518K$104K$7K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $622,358 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $467,292$622,358
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $1,302$0
I-12 Total revenuePrior year $468,594$622,358
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $307,857$359,003
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $193,256$159,289
I-18 Total expensesPrior year $501,113$518,292
I-19 Revenue less expensesPrior year −$32,519$104,066
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $622,358 across 8 lines filed
VIII-1f All other contributions, gifts and grants$622,358
VIII-1h Total contributions, gifts and grants$622,358
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$622,358
Part IX · Statement of functional expenses $518,292 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $195,000 · Management $26,000 · Fundraising $39,000$260,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $50,673 · Management $24,519$75,192
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $2,156 · Management $443 · Fundraising $342$2,941
IX-10 Payroll taxesPrograms $15,296 · Management $3,145 · Fundraising $2,429$20,870
IX-11a Management feesPrograms $83,842$83,842
IX-11b Legal feesManagement $510$510
IX-11c Accounting feesPrograms $100 · Management $900$1,000
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $770 · Management $3,848 · Fundraising $513$5,131
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $7,895 · Fundraising $877$8,772
IX-17 TravelPrograms $22,620 · Fundraising $2,360$24,980
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $1,940 · Management $650$2,590
IX-20 InterestManagement $13,847$13,847
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $52 · Management $255 · Fundraising $34$341
IX-23 InsuranceManagement $8,801$8,801
IX-24 Other expenses (24a–d)Programs $10 · Management $9,465$9,475
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $380,354 · Management $92,383 · Fundraising $45,555$518,292
Part X · Balance sheet $65,523 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $8,664$62,524
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,193$852
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $4,712$2,147
X-16 Total assetsStart of year $14,569$65,523
X-17 Accounts payable and accrued expensesStart of year $71,114$10,831
X-24 Unsecured notes and loans payable$39,527
X-25 Other liabilitiesStart of year $5,981$8,291
X-26 Total liabilitiesStart of year $111,761$58,649
X-27 Net assets without donor restrictionsStart of year −$97,192$6,874
X-32 Total net assets or fund balancesStart of year −$97,192$6,874
X-33 Total liabilities and net assetsStart of year $14,569$65,523
Part XI · Reconciliation of net assets $6,874 net assets at year end
XI-1 Total revenue$622,358
XI-2 Total expenses$518,292
XI-3 Revenue less expenses$104,066
XI-4 Net assets at start of year−$97,192
XI-10 Net assets at end of year$6,874

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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