Our mission is to support smallholder farmers

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$1.2M 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

FY2021 · 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
4 of 5
filings with a surplus
Average surplus $405K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $5.1M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$331K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.7M
+40% vs prior year
Spent
$7.2M
To programs
87%
Net assets
$6.2M
By yearFY2020–FY2024
Revenue
$7.7M
FY2021▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.5M
FY2021$7.7M
FY2022$4.2M
FY2023$6.2M
FY2024$9.1M
Expenses
$7.2M
FY2021▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.3M
FY2021$7.2M
FY2022$8.3M
FY2023$5.2M
FY2024$4.7M
Net assets
$6.2M
FY2021▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.7M
FY2021$6.2M
FY2022$2.1M
FY2023$3.0M
FY2024$7.4M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Jul 2016.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $6.3M Management & general 10% · $690K Fundraising 3% · $236K

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

11 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
Managing Director & Treasurer
$249,487Pt VII · Sec A
Chief Executive Officer
$225,252Pt VII · Sec A
Chief Economist & Director of Research
$142,581Pt VII · Sec A
Chief Strategist
$132,196Pt VII · Sec A
Director of Product
$130,846Pt VII · Sec A
Director of Finance
$125,446Pt VII · Sec A
Director of Communications
$115,650Pt VII · Sec A
Secretary and COO
$77,016Pt VII · Sec A

Owen Barder’s $185K as CEO Until 3/2024 is at the 72nd percentile of top reported officer pay among 1168 $1–10M international 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Owen Barder$185,055$224,927$188,732$225,252$268,000
Heinrich Baumann——$238,963$249,487—
Heinrich C Baumann————$249,109
Tomoko Harigaya$185,055$166,250$143,685$142,581$137,300
Sara Godfrey$175,025$175,025$106,914$77,016—
Jonathan Lehe$153,428$147,027$141,814$132,196$127,299
Brian Keefe——$136,443$125,446$119,785
Ilana Kessler———$130,846$120,185

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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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 15aYes

Programs and updates

Empowers smallholder farmers with resources and training.

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Provided by the organization

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1 program · $6.3M · in their own filed words · FY2021
01

Precision development(pxd) is a non-profit organization with a missionto support people living in extreme poverty by providing customizeddigital information and services that increase productivity,profitability, and environmental sustainability.

$6.3Mprogram 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
See all 8 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$7.7M
Ln 12
Gifts and grantsLn 1h$7.4M
Fees for servicesLn 2g$290K
Investment incomeLn 3$3K
Money outPt IX
$7.2M
Ln 25
Programscol B$6.3M
Managementcol C$690K
Fundraisingcol D$236K
Owns and owesPt X
$6.2M
net assets · Ln 32
Cash and savingsLn 1–2$5.8M
Total assetsLn 16$6.5M
LiabilitiesLn 26$331K
PeoplePt VI, VII
11
listed · VII A
PaidVII A8
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.4M
Noncash giftsLn 1g$48
Fees for servicesLn 2g$290K
Investment incomeLn 3$3K
Total revenueLn 12$7.7M
Assets in detailPt X, end of year
CashLn 1$4.0M
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$5.8M
Land, buildings, equipmentLn 10c$18K
Other assetsLn 15$125K
Total assetsLn 16$6.5M
LiabilitiesLn 26$331K
Net assetsLn 32$6.2M
OperationsPt I, VI
EmployeesI 527
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$5.5M$5.8M
Land, buildings, equipmentLn 10c$32K$18K
Total assetsLn 16$6.1M$6.5M
LiabilitiesLn 26$405K$331K
Net assetsLn 32$5.7M$6.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$578K$330K$159K$90K
Other salaries and wagesLn 7$4.2M$3.9M$169K$98K
Pension plan contributionsLn 8$7K$5K$1K$372
Other employee benefitsLn 9$144K$135K$6K$3K
Payroll taxesLn 10$170K$146K$15K$9K
Legal feesLn 11b$45K$30K$15K
Accounting feesLn 11c$40K$40K
Other fees for servicesLn 11g$684K$597K$52K$35K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$79K$43K$36K
Information technologyLn 14$285K$143K$142K
OccupancyLn 16$59K$27K$32K
TravelLn 17$35K$30K$4K$718
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$8K$7K$1K
Other expenses (24a–d)Ln 24$879K$877K$2K
All other expensesLn 24e$14K$12K$2K
Total functional expensesLn 25$7.2M$6.3M$690K$236K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $9.1M$4.7M$4.4M$7.4M 990 PDF
FY2023 $6.2M$5.2M$945K$3.0M 990 PDF
FY2022 $4.2M$8.3M−$4.1M$2.1M 990 PDF
FY2021 Viewing $7.7M$7.2M$540K$6.2M 990 PDF
FY2020 $5.5M$5.3M$215K$5.7M 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $7,738,170 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,422,168$7,444,728
I-9 Program service revenuePrior year $102,677$290,082
I-10 Investment incomePrior year $15,800$3,360
I-11 Other revenuePrior year $2,200$0
I-12 Total revenuePrior year $5,542,845$7,738,170
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,192,075$5,054,543
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,135,938$2,143,863
I-18 Total expensesPrior year $5,328,013$7,198,406
I-19 Revenue less expensesPrior year $214,832$539,764
Part VI · Governance 3 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,738,170 across 6 lines filed
VIII-1f All other contributions, gifts and grants$7,444,728
VIII-1g Noncash contributions (included above)$48
VIII-1h Total contributions, gifts and grants$7,444,728
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $290,082$290,082
VIII-3 Investment incomeExcluded from tax $3,360$3,360
VIII-12 Total revenueRelated to mission $290,082 · Unrelated business $0 · Excluded from tax $3,360$7,738,170
Part IX · Statement of functional expenses $7,198,406 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $329,647 · Management $159,009 · Fundraising $89,790$578,446
IX-7 Other salaries and wagesPrograms $3,887,313 · Management $169,384 · Fundraising $98,058$4,154,755
IX-8 Pension plan contributionsPrograms $5,242 · Management $1,038 · Fundraising $372$6,652
IX-9 Other employee benefitsPrograms $134,959 · Management $5,880 · Fundraising $3,404$144,243
IX-10 Payroll taxesPrograms $146,356 · Management $14,754 · Fundraising $9,337$170,447
IX-11b Legal feesPrograms $30,225 · Management $14,594$44,819
IX-11c Accounting feesManagement $40,008$40,008
IX-11g Other fees for servicesPrograms $596,942 · Management $52,262 · Fundraising $34,703$683,907
IX-12 Advertising and promotionPrograms $3,444$3,444
IX-13 Office expensesPrograms $42,627 · Management $36,012$78,639
IX-14 Information technologyPrograms $142,887 · Management $142,117$285,004
IX-16 OccupancyPrograms $26,691 · Management $32,401$59,092
IX-17 TravelPrograms $29,950 · Management $3,858 · Fundraising $718$34,526
IX-22 Depreciation, depletion and amortizationManagement $14,116$14,116
IX-23 InsurancePrograms $6,834 · Management $1,312$8,146
IX-24 Other expenses (24a–d)Programs $876,724 · Management $1,872$878,596
IX-24e All other expensesPrograms $11,801 · Management $1,765$13,566
IX-25 Total functional expensesPrograms $6,271,642 · Management $690,382 · Fundraising $236,382$7,198,406
Part X · Balance sheet $6,538,022 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $3,695,503$3,997,452
X-2 Savings and temporary cash investmentsStart of year $1,805,725$1,800,584
X-4 Accounts receivable$455,780
X-9 Prepaid expenses and deferred chargesStart of year $151,941$140,941
X-10c Land, buildings and equipment, netStart of year $32,057$17,941
X-15 Other assetsStart of year $0$125,324
X-16 Total assetsStart of year $6,072,471$6,538,022
X-17 Accounts payable and accrued expensesStart of year $405,082$330,869
X-26 Total liabilitiesStart of year $405,082$330,869
X-27 Net assets without donor restrictionsStart of year $3,172,691$2,223,279
X-28 Net assets with donor restrictionsStart of year $2,494,698$3,983,874
X-32 Total net assets or fund balancesStart of year $5,667,389$6,207,153
X-33 Total liabilities and net assetsStart of year $6,072,471$6,538,022
Part XI · Reconciliation of net assets $6,207,153 net assets at year end
XI-1 Total revenue$7,738,170
XI-2 Total expenses$7,198,406
XI-3 Revenue less expenses$539,764
XI-4 Net assets at start of year$5,667,389
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,207,153

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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