Killebrew Ag Foundation EIN 93-3897905 Form 990 (PDF) Claim this org

Killebrew Ag Foundation

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Trains young people in modern farming techniques and business skills for a stronger agricultural future. For fiscal year 2025 it reported $75K in revenue, $27K in expenses, and $139K in net assets.Pt I

Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Ridgeland, MS
Filings
2 on file (2024–2025)
Revenue
$75KFY2025
Expenses
$27K
Net assets
$139K
People
5
Filings
2
Updates
0
More identity details & actions ⌄
EIN  93-3897905 Public charity (501(c)(3)) Ridgeland, MS
Form 990 (PDF)
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Size
<$100K
What they do
Trains young people in modern farming techniques and business skills for a stronger agricultural future.
Leadership
Dr Gayle Clark · Secretary
Money in and out
$75K revenue, $27K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$75K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $47K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
61.0mo
months of highly liquid reserves at operating expense rate▲ ×15 vs prior filing year
Surplus margin
+63%
revenue over expenses, this year▲ +218% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$75K
FY2025▼ -79%
Expenses
$27K
FY2025▼ -90%
Total assets
$139K
FY2025▲ +51%
Total liabilities
$0
FY2025
Total revenue
$75K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$47K
Total assetsPt X · Ln 16$139K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Introducing our young men and women to agriculture and cross-training them in all areas of farming, agronomy, entomology, data analysis, business models, accounting analyze data, expenses and income, and fertilizing,- we can build a stronger generation of farmers, sustain, the ancient art of farming and help our students learn who they…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKillebrew Ag Foundation
EINHdr · item D93-3897905
Principal addressHdr · item CRidgeland, MS
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K20)
Ruling yearIRS BMFDec 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$65K · 87%
Contributions & grants$8K · 10%
Investment income$2K · 3%
Program service revenue87%$65K
Contributions & grants10%$8K
Investment income3%$2K
Total revenueLn 12$75K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$27K
Total functional expensesLn 25$27K

Balance Sheet

Part X · end of year
CashLn 1$139K
Total assetsLn 16$139K
Total liabilitiesLn 26$0
Total net assetsLn 32$139K
Months of cash on handcomputed61.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $139K · Operating expenses/yr $27K
61.0 months
Where the money goes
Program services
Program services $27K · Total expenses $27K
100%
Management & General
Management & general $0 · Total expenses $27K
0%
Fundraising
Fundraising $0 · Total expenses $27K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $37K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $8K · Total revenue $75K
10%
Government reliance
Government grants — · Total revenue $75K
Earned-income share
Program service revenue $65K · Total revenue $75K
87%
Investment reliance
Investment income $2K · Total revenue $75K
+3%
Program self-sufficiency
Program service revenue $65K · Total expenses $27K
236%
Growth & trend
Revenue growth (YoY)
This year $75K · Prior year $348K
-79%
Net-asset trend (YoY)
End of year $139K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $75K · Expenses $27K
+63%
Liabilities-to-Assets
Total liabilities — · Total assets $139K
Net-asset ratio
Net assets $139K · Total assets $139K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $139K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Gayle Clark · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $27K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -79%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$500

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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
FY2025 (Latest)$75K revenue · viewing · ⤓ 990 PDF
FY2024$348K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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