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Passes our checks

Farm and Food Growth Fund Inc

EIN 84-2654843 · Hudson, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak34 out of 100GovernanceGood78 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO CREATE EMPLOYMENT AND SAFE AFFORDABLE HOUSING AND CAPITAL ACCESS OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS, FAMILIES, AND COMMUNITIES WITH A FOCUS ON FARM AND FOOD-RELATED INDUSTRIES.

Income
$465,471
Spending
$524,532
Spent on programs
85%
Reserves
-1.1 months of spending
Largest source of income
government grants, 100%
Employees
0
Volunteers
4
Highest pay
$70,769, president/ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 34 out of 100. Higher than 7% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 102% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 13% of income.

  • Income trend

    15 of 15

    Income rose 671% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 78 out of 100. Higher than 55% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $440,864 spent. FFGF ADMINISTERS STATE-FUNDED GRANTS ON BEHALF OF NEW YORK STATE AS A KEY COMPONENT OF OUR ACCESS TO CAPITAL PROGRAM. THIS WORK INCLUDES APPLICANT SUPPORT, ELIGIBILITY VERIFICATION, SUBAWARD PREPARATION, REIMBURSEMENT PROCESSING, AND COMPLIANCE MONITORING, ENSURING RESPONSIBLE STEWARDSHIP AND EXPANDED ACCESS TO CAPITAL FOR SMALL BUSINESSES AND AGRICULTURAL PRODUCERS.
  2. $3,000 spent. FFGF PROVIDES BUSINESS TECHNICAL ASSISTANCE (BTA) FOR FARMERS AND AGRICULTURE BUSINESSES TO HELP THEM ACCELERATE THEIR GROWTH, PLAN FOR THEIR FUTURE AND INCREASE THEIR CHANCES OF LONG-TERM SUCCESS. ONE-ON-ONE CONSULTING MAY BE FOCUSED ON COMPREHENSIVE BUSINESS PLANNING, STRATEGIC PLANNING, FINANCIAL COACHING, MARKET DEVELOPMENT, SUCCESSION PLANNING, LAND ACCESS, GRANT WRITING AND MARKETING AND PROMOTION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.