Food, Agriculture & Nutrition
(K20)
IRS Verified
DX Registered
990 on File
WORLD FARMERS INC
Financial strength (30%)
85/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
World Farmers’ mission is to support small farmers in sustainable agricultural production and successful marketing practices to connect culturally relevant produce to viable markets. World Farmers provides mentoring, training, and hands-on assistance when working with each farmer to build the capacity needed to operate individual farming enterprises. We enact our mission through various initiatives, the most prominent of which is the Flats Mentor Farm program.
Financial Overview — FY 2023
$2.7M
Total Revenue
$1.6M
Total Expenses
$1.8M
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.6%
Fundraising Efficiency
N/A
Operating Reserve
13.56x
Liability-to-Asset
25.4%
Revenue Diversification
99.8%
Executive Compensation
$63K
Compared with Peers
FY 2023
Compared with 943 similar organizations
(United States, Food, Agriculture & Nutrition, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.6% | 89.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.4% | 6.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 1.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.6 mo | 7.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
25.4% | 6.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.8% | 96.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
76.4% | 13.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
51.8% | 16.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
39.1% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.7M | $1.6M | $1.8M | 90.6% | 17 |
| 2022 | $1.5M | $1.1M | $818K | 89.9% | 21 |
| 2021 | $678K | $702K | $372K | 89.2% | 18 |
| 2020 | $802K | $620K | N/A | — | 11 |
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