4roots Foundation INC EIN 47-4062821

4roots Foundation INC FY2021 filing

EIN  47-4062821 Public foundation / grantmaker Orlando, FL Founded 2015
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/12/26 · see original filing: IRS
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Size
$10–100M
What they do
Produces documentary films highlighting local farmers' economic contributions.
Leadership
Franklin Trip Snelson · Project Director · $142K
Money in and out
$4.5M revenue, $1.9M expenses
Bottom line
43% program efficiency

Produces documentary films highlighting local farmers' economic contributions. For fiscal year 2021 it reported $4.5M in revenue, $1.9M in expenses, and $3.9M in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$4.5M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.6M
Where spending went · Part IX cols B–D
Program services $0.43 Management & general $0.41 Fundraising $0.15
Program efficiency
43%
of spending reaches programs
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+58%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$4.5M
FY2021
Expenses
$1.9M
FY2021
Total assets
$4.5M
FY2021
Total liabilities
$589K
FY2021
Total revenue
$4.5M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.6M
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B43%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $691K of program spending, described in the organization's own filed words · FY2020.
01

The 4roots Farm Campus

A project dedicated to fostering a healthier community by strengthening our regional food system. The farm campus will serve as a crossroads for individuals and organizations to work together across disciplines to build a better food future.

$357Kprogram expense
02

In response to the COVID-19 pandemic, 4ROOTS launched feed the need florida. Coming alongside various partners in the public and private sector, the program established a system to receive produce directly from florida farmers, preserve and create jobs, and prepare nutritious meals to be served to thousands throughout florida.

$275Kprogram expense
03

The 4r foundation administered a catosrophic injury fund on behalf of austen george following a traumatic brain injury that left him comatosed for 40 days and hospitalized since the event. The funds raised on his behalf were distributed to a trust in his name for the purpose of funding medically related expenses.

$59Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C4roots Foundation INC
EINHdr · item D47-4062821
Principal addressHdr · item COrlando, FL
WebsiteHdr · item Jwww.4rootsfarm.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T21)
Ruling yearIRS BMFJul 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Project Director
$141,866Pt VII · Sec A
CEO & Board Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Franklin F Snelson’s $175K as Grants Director is at the 24th percentile of top reported officer pay among 658 $10–100M philanthropy & grantmaking 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Franklin F Snelson$175,483
Franklin Trip Snelson$174,757$141,866$141,866
Monica Aggarwal$150,720$133,292
Thomas M Ward$150,524
Thomas Ward$142,637

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.

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Statement of Revenue

Part VIII
Contributions & grants$4.2M · 93%
Other revenue$295K · 7%
Contributions & grants93%$4.2M
Other revenue7%$295K
Investment income$17
— government grantsLn 1e$436K
Total revenueLn 12$4.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.43 Management & general $0.41 Fundraising $0.15
Program services43%$814K
Management & general41%$776K
Fundraising15%$291K
Total functional expensesLn 25$1.9M

Balance Sheet

Part X · end of year
CashLn 1$263K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$589K
Total net assetsLn 32$3.9M
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $276K · Operating expenses (Pt IX) $1.9M · Less non-cash grants $68K · Cash operating expenses/yr $1.8M
1.8 months
Where the money goes
Program services
Program services $814K · Total expenses $1.9M
43%
Management & General
Management & general $776K · Total expenses $1.9M
41%
Fundraising
Fundraising $291K · Total expenses $1.9M
15%
Cost to raise $1
Fundraising expense $291K · Solicited contributions $3.8M
$0.08 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $4.2M · Total revenue $4.5M
93%
Government reliance
Government grants $436K · Total revenue $4.5M
10%
Earned-income share
Program service revenue $0 · Total revenue $4.5M
0%
Investment reliance
Investment income $17 · Total revenue $4.5M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.9M
0%
Growth & trend
Revenue growth (YoY)
This year $4.5M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.5M · Expenses $1.9M
+58%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $3.9M · Total assets $4.5M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $13K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Franklin Trip Snelson · Reported title PROJECT DIRECTOR · Highest reported compensation $142K · Total expenses $1.9M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $937K · Total expenses $1.9M
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 43%
Overhead ratio 41%
Fundraising cost ratio 7%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$33K
Grants paid · 45 grants · $906K · 2020–2023
Victory Cup Initiative INCFL · FY2023$15,000
Orlando Science Center INCFL · FY2023$10,000
Up OrlandoFL · FY2023$10,000
Special Hearts Farm INCFL · FY2023$10,000
The Lovely Project INCFL · FY2023$10,000
Winter Park Day Nursery INCFL · FY2023$10,000
The Faine House INCFL · FY2023$10,000
Give Hope Foundation INCFL · FY2023$10,000
Baby DjFL · FY2023$7,500
Southern Glazer Wine and SpiritsFY2023$7,500
See all 45 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$10.4M revenue · ⤓ 990 PDF
FY2023$3.6M revenue · ⤓ 990 PDF
FY2022$12.0M revenue · ⤓ 990 PDF
FY2021$4.5M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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