Mad Agriculture

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842223405 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

Overview

What is Mad Agriculture?

Mad Agriculture is a nonprofit organization situated in Boulder, Colorado, specifically at 728 Pearl Street. Their primary objective is to facilitate a shift towards organic and regenerative farming practices by offering capital in lieu of operating loans. This liberates farmers from debt obligations linked to Genetically Modified Organisms (GMOs) and synthetic inputs. Mad Agriculture provides an organic transition plan for farmers at no additional cost, ensuring a sustainable off-market outlet for their crops. The payback is contingent upon the farmers' success, with a revenue share tailored to each farm. The organization's mission, to catalyze a regenerative agricultural revolution, is achieved through comprehensive support that encompasses fund development, legal and accounting services, marketing, and farmer consultation.


Official website here: www.madagriculture.org

Is Mad Agriculture legitimate?

Mad Agriculture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mad Agriculture submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $309,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,464

For more financial information, click here


Official website here: www.madagriculture.org

What is the mission statement of Mad Agriculture?

Mad Agriculture's mission is centered around fostering a regenerative revolution in the agricultural sector. They achieve this by providing comprehensive support to farmers, facilitating their transition to organic and regenerative farming practices. This is accomplished through the Mad Capital Perennial Fund, a unique initiative that replaces traditional operating loans with capital that supports the shift away from genetic modified seeds and synthetic inputs, thereby enabling the adoption of regenerative organic farming methods. The fund also develops an organic transition plan in collaboration with the farmers, offers an open market for their crops, and bases the payback on the farmers' success, ensuring a shared prosperity between Mad Agriculture and its partners. The overall goal is to promote the health of soil and all people, recognizing their interconnectedness.


Official website here: www.madagriculture.org

Who is the CEO of Mad Agriculture?

Philip Taylor is the Executive Director of Mad Agriculture.


Official website here: www.madagriculture.org

What is the revenue of Mad Agriculture?

Mad Agriculture's revenue in 2023 was $1,653,793.


Official website here: www.madagriculture.org

Who are the executives of Mad Agriculture and what are their salaries?

The average compensation at Mad Agriculture during 2023 was $105,162. There are 10 employees at Mad Agriculture.

Here are 4 key members and their salaries:

    Philip Taylor (Executive Director)
  • Compensation: $179,306
  • Related: $0
  • Other: $0

    • Tanner Starbard (Vp - Operations Land Business)
  • Compensation: $129,850
  • Related: $0
  • Other: $0

    • Alexander Heilman (Director Of Supply And Tradnig)
  • Compensation: $114,455
  • Related: $0
  • Other: $0

    • Elizabeth Candelario (Director Of Strategic Partnership)
  • Compensation: $112,050
  • Related: $0
  • Other: $0


  • Official website here: www.madagriculture.org

    Where can I find the form 990 for Mad Agriculture?

    The Mad Agriculture’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.madagriculture.org

    Learn more at the official website: www.madagriculture.org

    Mission Statement of Mad Agriculture

    Mad Agriculture, a catalyst for farmers' transformation, is dedicated to driving a regenerative revolution in agriculture. Its mission is to provide systemic and individual support, helping farmers transition towards organic and regenerative farming practices. The organization aims to liberate farmers from debt obligations associated with Genetically Modified Organisms (GMO) seeds and synthetic inputs, enabling a smoother transition to sustainable, organic agriculture. Mad Agriculture achieves this by structuring its operations to ensure the success of its partners and the farmers are intertwined. The health of the soil and the people are seen as one and indivisible within their mission. Activities under this program include fund development and management, legal and accounting costs, advertising and marketing to attract farmer clients, travel to visit farms, and farmer due diligence for loan applications. Consultation with farmers is also a critical part of the process, as Mad Agriculture co-creates an organic transition plan with each farmer at no additional cost. The payback for Mad Agriculture's investment is based on the farmers' ability to thrive, with a revenue share tailored to the individual farm.

    Impact

    This information is meant to be a general summary of Mad Agriculture. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Mad Agriculture's impact is transformative, as it catalyzes farmers' transition to organic and regenerative agriculture. By providing systemic and individual support, Mad Agriculture liberates farmers from the constraints of debt obligations imposed by traditional operating loans. Through initiatives like the Mad! Capital Perennial Fund, they empower farmers to break free from requirements for GMO seeds and synthetic inputs, enabling them to embrace regenerative organic practices. This approach not only benefits the farmers themselves but also promotes the health of the soil and community at large. Mad Agriculture's mission to spark a regenerative revolution in agriculture is aligned with a vision of interconnected well-being for all involved in the food system.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $493
  • Program Service Revenue: $99,223
  • Gross Receipts: $1,673,319

    • Assets and Liabilities:
  • Total Assets: $377,225
  • Total Liabilities: $83,641
  • Net Assets: $293,584
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GE Transition Project

    Revenue

    $40,000

    Perininial Promise Growers Co-op

    Revenue

    $20,890

    PASA Dairy Project

    Revenue

    $10,500

    Organization Details

    Founding Year

    2019

    Principal Officer

    Philip Taylor

    Main Address

    728 Pearl Street, BOULDER, CO, 80302

    NTEE Category

    Code: K19 - Food

    If you are a representative of Mad Agriculture and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.