Civic Intelligence

Black Farmer Fund Inc.

990EZ • Fiscal year 2019 • EIN 84-2310349

Jun 20, 2019 to Dec 31, 2019 • Filed on Nov 01, 2020

Organization ProfileBLACKFARMERFUND.ORG
2161 Prospect AveBronx, NY 10457

(914) 318-0470

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

42nd percentile

0.0%

Higher net margin than 42% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin42nd percentile

Revenue

$110

No earlier filing loaded for comparison.

Expenses

$110

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2019: $0Net Assets 2019: $02019Assets 2020: $1,195,670Liabilities 2020: $2,248Net Assets 2020: $1,193,4222020Assets 2021: $2,845,730Liabilities 2021: $21,136Net Assets 2021: $2,824,5942021Assets 2022: $6,823,672Liabilities 2022: $100,732Net Assets 2022: $6,722,9402022Assets 2023: $18,705,526Liabilities 2023: $8,498,255Net Assets 2023: $10,207,2712023Assets 2024: $26,511,647Liabilities 2024: $9,441,031Net Assets 2024: $17,070,6162024

Highlighted filing

2019

Assets$0
Liabilities-
Net Assets$0
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Revenue 2019: $110Expenses 2019: $110Net Income 2019: $02019Revenue 2020: $1,373,245Expenses 2020: $179,823Net Income 2020: $1,193,4222020Revenue 2021: $2,824,891Expenses 2021: $1,196,372Net Income 2021: $1,628,5192021Revenue 2022: $5,574,978Expenses 2022: $1,764,609Net Income 2022: $3,810,3692022Revenue 2023: $5,830,704Expenses 2023: $2,346,938Net Income 2023: $3,483,7662023Revenue 2024: $12,437,329Expenses 2024: $5,573,984Net Income 2024: $6,863,3452024

Highlighted filing

2019

Revenue$110
Expenses$110
Net Income$0
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 20, 2019 to Dec 31, 2019
Signed
Nov 1, 2020
Return Version
2019v5.0
Gross Receipts
$110
Mission and Program Overview

Mission

The mission of black farmer fund is to create a thriving, resilient, and equitable food system by investing in black food systems entrepreneurs and communities in new york. The black farmer fund will also serve as a bridge for black communities to participate in creating a food system that benefits those within and outside of black communities.

Program Services

DescriptionGrantsExpenses
TO CREATE A THRIVING, RESILIENT, AND EQUITABLE FOOD SYSTEM BY INVESTING IN BLACK FOOD SYSTEMS ENTREPRENEURS AND COMMUNITIES IN NEW YORK.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
OLIVIA WATKINSPresident-$0--
ONIKA ABRAHAMDirector-$0--
DENNIS DERRYCKDirector-$0--
KAREN WASHINGTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Black Farmer Fund Inc
EIN
84-2310349
Address
2161 PROSPECT AVE, BRONX, NY 10457

Signing Officer

Name
Olivia Watkins
Title
President
Signed
2020-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Fox & Company Cpas Inc
Address
907 PARIS RD, MAYFIELD, KY 42066
Preparer
Johanna P Turner
Phone
2702476087
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 110 total 110”

Form 990-ez, Part III

“The mission of black farmer fund is to create a thriving, resilient, and equitable food system by investing in black food systems entrepreneurs and communities in new york. The black farmer fund will also serve as a bridge for black communities to participate in creating a food system that benefits those within and outside of black communities.”

Raw XML Appendix109 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0BLACK FARMER FUND INC
IRS990EZ/BooksInCareOfDetail/PhoneNum09143180470
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02161 PROSPECT AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010457
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0110
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0OLIVIA WATKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ONIKA ABRAHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DENNIS DERRYCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KAREN WASHINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0110
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF BLACK FARMER FUND IS TO CREATE A THRIVING, RESILIENT, AND EQUITABLE FOOD SYSTEM BY INVESTING IN BLACK FOOD SYSTEMS ENTREPRENEURS AND COMMUNITIES IN NEW YORK. THE BLACK FARMER FUND WILL ALSO SERVE AS A BRIDGE FOR BLACK COMMUNITIES TO PARTICIPATE IN CREATING A FOOD SYSTEM THAT BENEFITS THOSE WITHIN AND OUTSIDE OF BLACK COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO CREATE A THRIVING, RESILIENT, AND EQUITABLE FOOD SYSTEM BY INVESTING IN BLACK FOOD SYSTEMS ENTREPRENEURS AND COMMUNITIES IN NEW YORK.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0110
IRS990EZ/TotalRevenueAmt0110
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BLACKFARMERFUND.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0110
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0110
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0110
IRS990ScheduleA/TotalSupportAmt0110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 110 TOTAL 110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MISSION OF BLACK FARMER FUND IS TO CREATE A THRIVING, RESILIENT, AND EQUITABLE FOOD SYSTEM BY INVESTING IN BLACK FOOD SYSTEMS ENTREPRENEURS AND COMMUNITIES IN NEW YORK. THE BLACK FARMER FUND WILL ALSO SERVE AS A BRIDGE FOR BLACK COMMUNITIES TO PARTICIPATE IN CREATING A FOOD SYSTEM THAT BENEFITS THOSE WITHIN AND OUTSIDE OF BLACK COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OLIVIA WATKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLACK FARMER FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0BLAC
ReturnHeader/Filer/EIN0842310349
ReturnHeader/Filer/USAddress/AddressLine1Txt02161 PROSPECT AVE
ReturnHeader/Filer/USAddress/CityNm0BRONX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010457
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId053AB8A460504C086A15CC1AB0B23D7DA2DA8EC06
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04F224CB0578872F7A7B06E8CC8253F789A6C177C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.190.6.182
ReturnHeader/FilingSecurityInformation/IPDt02020-11-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:59:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611291560
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FOX & COMPANY CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0907 PARIS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAYFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042066
ReturnHeader/PreparerPersonGrp/PhoneNum02702476087
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHANNA P TURNER
ReturnHeader/ReturnTs02020-11-03T12:59:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-06-20
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$110
Expenses
$110
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.5$9.44$17.1$12.4$5.57$6.86
2023Detailed filing. Detailed filing data is available for this year.$18.7$8.50$10.2$5.83$2.35$3.48
2022Detailed filing. Detailed filing data is available for this year.$6.82$0.10$6.72$5.57$1.76$3.81
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.02$2.82$2.82$1.20$1.63
2020Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.19$1.37$0.18$1.19
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00