Project Biome INC FY2020 filing

Tax-deductible

Charlottesvle, VA501(c)(3)Since 2019Food & AgricultureEIN 83-3364077Revenue $1.0M in FY2020

On file with the IRSfarmersfootprint.us4351 Seminole Trl, 22911-8225 · Charlottesvle, VATax-exempt since Apr 2020Publicly supported charity — 170(b)(1)(A)(vi)

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Project Biome exists to unite, inspire, and empower the movement towards regenerative food systems as a means to restore human and planetary health.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$240K 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 4
filings with a surplus
Average surplus $332K a year · 20% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$240K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $773K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$161K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 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
$1.0M
Spent
$671K
To programs
86%
Net assets
$547K
By yearFY2020–FY2024
Revenue
$1.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.9M
FY2024$2.7M
FY2024$1.2M
Expenses
$671K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$671K
FY2021$1.2M
FY2022$1.4M
FY2024$2.0M
FY2024$2.0M
Net assets
$547K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$547K
FY2021$450K
FY2022$870K
FY2024$1.3M
FY2024$487K

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 Apr 2020.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $579K Management & general 8% · $56K Fundraising 5% · $35K

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

6 people listed on the 990; $240K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$150,000Pt VII · Sec A
Executive Di
$90,013Pt VII · Sec A
Board Chairm
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Stella Horgan’s $36K as Executive Director is at the 7th percentile of top reported officer pay among 818 $1–10M food & agriculture 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 · 4 named individuals · Part VII

NameFY2024FY2024FY2022FY2021FY2020
Brian Dawson———$110,000$150,000
David Leon—$145,070$140,000$112,160$90,013
Aubrey Yee—$55,885———
Stella Horgan$36,000————

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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Unites, inspires, and empowers the movement for regenerative food systems to restore health.

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Provided by the organization

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3 programs · $579K · in their own filed words · FY2020
01

Farmer's Footprint

Broad inquiry into the methodologies that seek to scale adoption of regenerative practices globally across the categories of awareness, education and finance. We cultivate community networks, host panels and conferences, as well as expand and promote existing resources and infrastructure that facilitate greater understanding and…

$500Kprogram expense
02

Empowered Storycraft

This program seeks to expand awareness for regenerative living and agricultural practices and principles through storytelling. Multi-channel media campaigns, films and materials showcase stakeholders from across the food and agriculture value chain in order to increase public understanding of the complexities, innovations, contributions…

$43Kprogram expense
03

Create education and awareness resources for the public to advocate for application of regenerative principles to suburban and urban landscape management.

$36Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 3 grants · $34K · 2021–2024
Individual RecipientFY2024$10,000
Indigenous RegenerationCA · FY2021$7,313

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$989K
Other incomeLn 4–11$40K
Investment incomeLn 3$205
Money outPt IX
$671K
Ln 25
Programscol B$579K
Managementcol C$56K
Fundraisingcol D$35K
Owns and owesPt X
$547K
net assets · Ln 32
Cash and savingsLn 1–2$248K
Total assetsLn 16$708K
LiabilitiesLn 26$161K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$989K
Investment incomeLn 3$205
Other incomeLn 4–11$40K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$248K
Cash and savings togetherLn 1–2$248K
Total assetsLn 16$708K
LiabilitiesLn 26$161K
Net assetsLn 32$547K
OperationsPt I, VI
EmployeesI 53
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$76K$248K
Total assetsLn 16$193K$708K
LiabilitiesLn 26$5K$161K
Net assetsLn 32$188K$547K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$248K$226K$13K$9K
Other salaries and wagesLn 7$127K$115K$9K$3K
Other employee benefitsLn 9$21K$18K$2K$650
Payroll taxesLn 10$8K$7K$794$336
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$11K$11K
Professional fundraising feesLn 11e$32$32
Other fees for servicesLn 11g$79K$78K$772$34
Advertising and promotionLn 12$93K$89K$2K$2K
Office expensesLn 13$3K$2K$527$223
Information technologyLn 14$2K$681$78$883
OccupancyLn 16$18K$15K$2K$782
TravelLn 17$2K$2K$245$2
Conferences, conventions and meetingsLn 19$5K$3K$1K$6
InsuranceLn 23$1K$1K$173$32
Other expenses (24a–d)Ln 24$41K$14K$9K$18K
All other expensesLn 24e$8K$7K$1K$131
Total functional expensesLn 25$671K$579K$56K$35K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.7M$2.0M$646K$1.3M 990 PDF
FY2023 Not on file
FY2022 $1.9M$1.4M$420K$870K 990 PDF
FY2021 $1.1M$1.2M−$97K$450K 990 PDF
FY2020 Viewing $1.0M$671K$359K$547K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,029,688 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $537,484$989,322
I-9 Program service revenue$0
I-10 Investment incomePrior year $121$205
I-11 Other revenue$40,161
I-12 Total revenuePrior year $537,605$1,029,688
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $103,384$404,764
I-16a Professional fundraising feesPrior year $1,674$32
I-17 Other expensesPrior year $244,737$266,148
I-18 Total expensesPrior year $349,795$670,944
I-19 Revenue less expensesPrior year $187,810$358,744
Part VI · Governance 4 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,029,688 across 5 lines filed
VIII-1f All other contributions, gifts and grants$989,322
VIII-1h Total contributions, gifts and grants$989,322
VIII-3 Investment incomeExcluded from tax $205$205
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $40,161$40,161
VIII-12 Total revenueExcluded from tax $40,366$1,029,688
Part IX · Statement of functional expenses $670,944 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $226,050 · Management $12,512 · Fundraising $9,447$248,009
IX-7 Other salaries and wagesPrograms $115,346 · Management $9,289 · Fundraising $2,785$127,420
IX-9 Other employee benefitsPrograms $18,457 · Management $2,367 · Fundraising $650$21,474
IX-10 Payroll taxesPrograms $6,731 · Management $794 · Fundraising $336$7,861
IX-11b Legal feesManagement $3,619$3,619
IX-11c Accounting feesManagement $10,880$10,880
IX-11e Professional fundraising feesFundraising $32$32
IX-11g Other fees for servicesPrograms $77,741 · Management $772 · Fundraising $34$78,547
IX-12 Advertising and promotionPrograms $89,389 · Management $1,824 · Fundraising $2,191$93,404
IX-13 Office expensesPrograms $2,195 · Management $527 · Fundraising $223$2,945
IX-14 Information technologyPrograms $681 · Management $78 · Fundraising $883$1,642
IX-16 OccupancyPrograms $15,285 · Management $2,214 · Fundraising $782$18,281
IX-17 TravelPrograms $2,205 · Management $245 · Fundraising $2$2,452
IX-19 Conferences, conventions and meetingsPrograms $3,447 · Management $1,113 · Fundraising $6$4,566
IX-23 InsurancePrograms $1,040 · Management $173 · Fundraising $32$1,245
IX-24 Other expenses (24a–d)Programs $13,905 · Management $9,046 · Fundraising $17,710$40,661
IX-24e All other expensesPrograms $6,750 · Management $1,025 · Fundraising $131$7,906
IX-25 Total functional expensesPrograms $579,222 · Management $56,478 · Fundraising $35,244$670,944
Part X · Balance sheet $707,947 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $76,363$248,324
X-4 Accounts receivableStart of year $112,438$450,148
X-9 Prepaid expenses and deferred chargesStart of year $3,950$9,475
X-16 Total assetsStart of year $192,751$707,947
X-17 Accounts payable and accrued expensesStart of year $4,941$11,493
X-25 Other liabilities$149,900
X-26 Total liabilitiesStart of year $4,941$161,393
X-27 Net assets without donor restrictionsStart of year $187,810$546,554
X-32 Total net assets or fund balancesStart of year $187,810$546,554
X-33 Total liabilities and net assetsStart of year $192,751$707,947
Part XI · Reconciliation of net assets $546,554 net assets at year end
XI-1 Total revenue$1,029,688
XI-2 Total expenses$670,944
XI-3 Revenue less expenses$358,744
XI-4 Net assets at start of year$187,810
XI-10 Net assets at end of year$546,554

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

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