Myagro Farms

“Form 990 was prepared by a nationally recognized accounting firm in conjunction with the organization's financial department. Draft form 990 was reviewed by management and then distributed to all members of the board with the opportunity for them to comment or make inquiry before it was filed with the internal revenue service.”

“In connection with any actual/possible conflict of interest, an interested person/potential interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the propose transaction/arrangement.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax exempt status, periodic review shall be conducted. One periodic review is as follows - whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. It is also the responsibility of the board to set the compensation of the chief executive officer.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Anushka Ratnayake, CEO & Founder, was on a leave of absence from October 1, 2024 through April 30, 2025. During this period, Casey Cline, an internal employee, served as Interim CEO and assumed full CEO responsibilities. Both individuals are listed in Part VII to accurately reflect the executive leadership during the tax year.”

“Raji kalra was hired under contract with procfo partners, llc as cfo for the period from february 5, 2024 through january 31, 2025 . The total amount paid to procfo partners, llc for cfo services during calendar year 2024 was $372,800.”

“Patrick Tognisso served as Chief Operating Officer (COO) of myAgro during the 2024 tax year. His role as COO was focused exclusively on operational delivery at the country level, with all of his time dedicated to supporting operations for myAgro's Country Operations in Cte d'Ivoire (CIV), Senegal, and Mali. Patrick did not perform any services or allocate any hours to the parent entity (myAgro Global) during the reporting period. Accordingly, his compensation and activities were entirely related to the country-level operations.”

“Write-off of intercompany balances with myAgro Farms Senegal, a related corporation. - -41916667; Write-off of intercompany balances with myAgro Farms Mali, a related corporation. - -37500000; Foreign currency translation loss - -71220; Total - -79487887;”