Return Reference | Explanation |
---|---|
Form 990-EZ, Part I, Line 16 | The Experimental Farm Network Cooperative incurs a number of costs not directly related to the production and sale of seeds (which supplies most of our revenue), but related to other programming. These include, but are not limited to: transportation and travel costs, conference fees, food for volunteers, equipment and supplies for agricultural research (not related to seed sales), office supplies, meeting costs, and professional development for core volunteers. |
Form 990-EZ, Part II, Line 24 | Having only purchased two new pieces of equipment valued at $748, but disposed of broken equipment (caused by malfunctions and old equipment simply breaking down) formerly valued at $9000, the value of our assets declined. |
Form 990-EZ, Part II, Line 26 | A personal loan from Co-Director Nathan Kleinman made during FY 2017 in the form of equipment valued at $12,455 remains a liability for the organization. |
Software ID: | 19009572 |
Software Version: | v1.00 |