NATIONAL AGRI-MARKETING ASSOCIATION NAMA FOUNDATION
Mission Statement
Our primary goal or mission is to provide today's university and college Agri-business students the tools they will need to succeed. These tools include industry knowledge, leadership skills, networking abilities, public speaking experience and critical analysis skills.The development of these skills clearly will help these students, as well as young professionals, as they build successful agri-marketing careers. And any success they experience, will obviously benefit the Agribusiness industry as a whole.ABEF also recognizes the importance of providing similar opportunities for all agri-business professionals - from recent college graduates to the most seasoned veteran.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.4% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.1% | 11.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.8 mo | 18.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.4% | 90.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-15.2% | 3.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.1% | 5.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-69.6% | 9.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $53K | $91K | $127K | 76.4% | 0 |
| 2022 | $63K | $99K | $178K | 76.9% | 0 |
| 2021 | $55K | $46K | N/A | — | 0 |
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