BBB Wise Giving Report for
Agros International

BBB Wise Giving Report issued August 2009
BBB Wise Giving Report expires August 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Agros International
Address: 2225 4th Avenue,
2nd Floor
  Seattle, WA 98121
Phone: 206-528-1066
Web Address: www.agros.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1984, Washington
Affiliates: 3 chapters

Stated Purpose: "to enable rural and poor families who own agricultural land, attain economic self-sufficiency, realize their God-given potential, and pass on to future generations the values and resources that enable them to flourish."

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Evaluation Conclusions

               

Agros International (AI) meets the 20Standards for Charity Accountability.
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Programs

               

AI develops villages in Guatemala, Nicaragua, El Salvador, Honduras and Mexico, and helps the rural poor become economically stable and acquire homes and farmland. AI'S activities include agricultural training, microloans, and community development.

For the fiscal year ended June 30, 2008, AI's program expenses were:

  
Program services 2,613,060
Total Program Expenses: $2,613,060
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Governance

               

Chief Executive : Gregory J. Rake, President & CEO
Compensation*:
 $94,101

Chair of the Board: Susan M. Moulton
Chair's Profession / Business Affiliation: Community Volunteer

Board Size: 11

Paid Staff Size: 41

*July 1, 2007 - June 30, 2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 12% of related contributions. (Related contributions, which totaled $5,391,284, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on AI's audited financial statements for the year ended June 30, 2008.

Source of Funds  
Contributions and grants 5,059,000
Special events 312,908
Interest 89,282
Other income 78,711
In-kind goods and services 19,376
Total Income $5,559,277


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Uses of Funds as a % of Total Expenses

Programs: 71%  Fund Raising: 18%  Administrative: 11% 

Total income   $5,559,277
  Program expenses $2,613,060
  Fund raising expenses 662,239
  Administrative expenses 393,241
 
Total expenses   $3,668,540
Income in Excess of Expenses   1,890,737
Beginning net assets   4,348,759
Ending net assets   6,239,496
Total liabilities   344,757
Total assets   $6,584,253

Note: According to AI's audited financial statements for the fiscal year ended June 30, 2008, the organization recognized $11,186 in in-kind goods and services which includes furniture ($4,900), equipment ($4,286), and consulting ($2,000).

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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