Native Agriculture Education Fellowship Program EIN 87-3020287 Form 990 (PDF) Claim this org

Native Agriculture Education Fellowship Program

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Trains Native American professionals in agricultural careers through a fellowship program. For fiscal year 2024 it reported $581K in revenue, $1.2M in expenses, and $4.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Bismarck, ND
Website
taffellows.org
Filings
4 on file (2021–2024)
Revenue
$581KFY2024
Expenses
$1.2M
Net assets
$4.3M
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-3020287 Public charity (501(c)(3)) Bismarck, ND
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains Native American professionals in agricultural careers through a fellowship program.
Leadership
Nicole Devon · Executive Director · $106K
Money in and out
$581K revenue, $1.2M expenses
Bottom line
88% program efficiency
Where the money goes · FY2024
Total revenue
$581K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$614K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12 Fundraising $0.00
Program efficiency
88%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
44.6mo
months of highly liquid reserves at operating expense rate▼ -18% vs prior filing year
Surplus margin
-106%
revenue over expenses, this year▲ +65% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$581K
FY2024▲ +116%
Expenses
$1.2M
FY2024▲ +10%
Total assets
$4.4M
FY2024▼ -11%
Total liabilities
$138K
FY2024▲ +89%
Total revenue
$581K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$614K
Total assetsPt X · Ln 16$4.4M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNative Agriculture Education Fellowship Program
EINHdr · item D87-3020287
Principal addressHdr · item CBismarck, ND
WebsiteHdr · item Jtaffellows.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MND
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Executive Director
$106,115Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Nicole Devon’s $106K as Executive Director is at the 86th percentile of top reported officer pay among 1613 $100K–1M education 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

NameFY2024FY2023FY2022
Nicole Devon$106,115$100,298$59,022
Karli Moore$750$1,000
Matthew Denetclaw$750$1,000
Dr James Hafer$1,000
Dr James Hafer$750

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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Mission & Programs · Part III

Where the work happens

1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

In 2024, we added 8 new students to the fellowship, graduated 3 students, bringing us to a total of 22 students funded for 2024. Also in 2024, 18 of the 22 students we funded accessed their academic enrichment funds for things like replacing computers, purchasing other technology related needs for school, or attending conferences related…

$1.1Mprogram expense

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Statement of Revenue

Part VIII
Investment income$231K · 40%
Contributions & grants$200K · 34%
Program service revenue$150K · 26%
Investment income40%$231K
Contributions & grants34%$200K
Program service revenue26%$150K
Total revenueLn 12$581K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12 Fundraising $0.00
Program services88%$1.1M
Management & general12%$140K
Fundraising$240
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$4.4M
Total assetsLn 16$4.4M
Total liabilitiesLn 26$138K
Total net assetsLn 32$4.3M
Months of cash on handcomputed44.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.4M · Operating expenses/yr $1.2M
44.6 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.2M
88%
Management & General
Management & general $140K · Total expenses $1.2M
12%
Fundraising
Fundraising $240 · Total expenses $1.2M
0.02%
Cost to raise $1
Fundraising expense (3-yr avg) $167 · Solicited contributions (3-yr avg) $1.1M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $200K · Total revenue $581K
34%
Government reliance
Government grants — · Total revenue $581K
Earned-income share
Program service revenue $150K · Total revenue $581K
26%
Investment reliance
Investment income $231K · Total revenue $581K
+40%
Program self-sufficiency
Program service revenue $150K · Total expenses $1.2M
13%
Growth & trend
Revenue growth (YoY)
This year $581K · Prior year $269K
+116%
Net-asset trend (YoY)
End of year $4.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $581K · Expenses $1.2M
-106%
Liabilities-to-Assets
Total liabilities — · Total assets $4.4M
Net-asset ratio
Net assets $4.3M · Total assets $4.4M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nicole Devon · Reported title Executive Director · Highest reported compensation $106K · Total expenses $1.2M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $313K · Total expenses $1.2M
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0.1%
Revenue growth 116%
Investment management fee ratio <0.01%
Accounting fee ratio 0.5%

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 · this organization's grantmaking
Grants paid · 3 grants · $1.5M · 2022–2024
Unitemized GrantFY2024$646,684
Unitemized GrantFY2023$615,251
Unitemized GrantFY2022$258,736

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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)$581K revenue · viewing · ⤓ 990 PDF
FY2023$269K revenue · ⤓ 990 PDF
FY2022$2.9M revenue · ⤓ 990 PDF
FY2021$3.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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