2023-08-29T13:11:09-05:00 2022-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2022-01-01 943332630 CALIFORNIA FARMLINK CALI 8314250303 335 SPRECKELS DRIVE SUITE F APTOS CA 95003 REGINALD V KNOX CHIEF EXECUTIVE OFFICER 8314250303 2023-08-24 1 REGINALD KNOX 999009999 0 SHERMAN LEONG P00513747 4159579999 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z REGINALD V KNOX 335 SPRECKELS DRIVE SUITE F APTOS CA 95003 3481187 0 X WWW.CALIFORNIAFARMLINK.ORG X 1999 CA INVEST IN THE PROSPERITY OF FARMERS RANCHERS FISHERS THROUGH LENDING EDUCATION AND LAND ACCESS. 13 13 31 23 0 0 7804556 2373356 1127610 1080507 12403 27324 0 0 8944569 3481187 20000 0 0 0 1729848 2278765 0 0 363523 1146862 1633341 2896710 3912106 6047859 -430919 29554658 31784812 18469245 21130318 11085413 10654494 X AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, WE INVEST IN THE PROSPERITY AND WELL-BEING OF FARMERS, RANCHERS, AND FISHERS WHO HAVE LIMITED ACCESS TO FINANCIAL RESOURCES. SEE SCHEDULE O FOR MORE INFORMATION. 0 0 1723095 1065026 FARM AND RANCH PROSPERITY LOAN PROGRAM - THIS PROGRAM IS SUPPORTED BY $634,046 IN GRANT FUNDING WITH $1,723,095 IN EXPENSES.FARMLINK'S FARM AND RANCH PROSPERITY LOAN PROGRAM PROVIDES FINANCING TO LOW-INCOME, UNDERSERVED, IMMIGRANT, AND BEGINNING AGRICULTURAL PRODUCERS AND FISHERS ACROSS CALIFORNIA. FARMLINK HAS BEEN CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) SINCE 2013 AND CONTINUES TO EXPAND ITS IMPACT, INCLUDING THE ACQUISITION IN 2021 OF A PORTFOLIO OF 15 FISHING BUSINESS LOANS FROM THE CDFI, COMMUNITY VISION. FARMLINK MADE 50 LOANS IN 2022 WITH AN AVERAGE LOAN SIZE OF $113,463. SEE SCHEDULE O FOR MORE INFORMATION. 983304 15481 LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS - THESE PROGRAMS ARE SUPPORTED BY $768,197 IN GRANT FUNDING WITH $983,304 IN EXPENSES.FARMLINK'S LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS PROVIDE ESSENTIAL TECHNICAL ASSISTANCE AND BUSINESS EDUCATION OPPORTUNITIES TO FARMERS, RANCHERS, AND FISHERS ACROSS THE STATE. THESE PROGRAMS INCLUDE ASSISTANCE WITH FINDING SUITABLE LAND FOR FARMING, LEASE ASSISTANCE, EXTENSIVE BUSINESS SKILLS PROGRAMS FOR SPANISH AND ENGLISH SPEAKING PRODUCERS IN THEIR FIRST 10 YEARS OF FARMING, AND A NEW PROGRAM TO ASSIST RETIRING FARMERS WITH CREATING SUCCESSION PLANS TO PASS THEIR FARM ASSETS AND BUSINESSES TO THE NEXT GENERATION. SEE SCHEDULE O FOR MORE INFORMATION. 2706399 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 CA X X X REGINALD V KNOX 8314250303 335 SPRECKELS DRIVE SUITE F APTOS CA 95003 MARISA ALCORTA BOARD MEMBER 1.00 X 0 0 0 ROB HURLBUT BOARD TREASURER 1.00 X X 0 0 0 CHRIS MITTLESTEADT PRESIDENT & CHAIR 1.00 X X 0 0 0 KRISTYN LEACH BOARD MEMBER 1.00 X 0 0 0 LARRY CRETAN BOARD MEMBER 1.00 X 0 0 0 MARSHA HABIB BOARD MEMBER 1.00 X 0 0 0 ROBIN BOT-MILLER BOARD MEMBER 1.00 X 0 0 0 MEREDITH STORTON BOARD SECRETARY 1.00 X X 0 0 0 MARIELA CEDENO BOARD MEMBER 1.00 X 0 0 0 SHYAM KAMATH BOARD MEMBER 1.00 X 0 0 0 WESLEY VAN CAMP BOARD MEMBER 1.00 X 0 0 0 JENNIFER KUYPER BOARD MEMBER 1.00 X 0 0 0 NATALIE SOLARES BOARD MEMBER 1.00 X 0 0 0 REGINALD V KNOX CHIEF EXECUTIVE OFFICER 40.00 X 140825 0 24885 JONATHAN HARRISON CFO 10.00 X 76153 0 0 BRETT A MELONE CHIEF BUSINESS STRATEGIES OFFICERS 40.00 X 138510 0 9796 NATHAN WELLER DIRECTOR OF DEVELOPMENT AND IMPACT 40.00 X 106487 0 17117 TAMELA HUDSON DIRECTOR OF LOAN ADMINISTRATION 40.00 X 104066 0 7821 566041 0 59619 4 0 1 0 0 1052802 1320554 2373356 PROGRAM INTEREST INCOM 522200 734081 734081 PROGRAM FEE REVENUE 541900 330945 330945 PROGRAM REVENUE 541900 15481 15481 1080507 27324 27324 3481187 1080507 0 27324 X 241863 159020 55785 27058 1667316 1096224 384560 186532 71164 46789 16414 7961 156890 103152 36186 17552 141532 93714 31432 16386 25587 2612 14291 8684 40810 4166 22793 13851 495694 415546 57962 22186 9180 1742 1431 6007 86563 10956 53818 21789 129962 68185 60751 1026 47880 25765 15118 6997 40117 5484 28183 6450 292266 292266 19311 29 19282 28451 355 16473 11623 LOAN LOSS RESERVE 222322 222322 COMPUTER AND IT EXPENSE 128109 108267 10421 9421 LOAN SERVICE FEES 39949 39949 RECRUITING 17176 17176 9964 9856 108 3912106 2706399 842184 363523 6368512 4580899 1294499 993128 11915504 15339128 35677 93030 115923 61473 54578 54450 9885888 10559618 0 164559 29554658 31784812 498213 565183 1241198 1203198 16729834 19194880 0 167057 18469245 21130318 X 6547766 8277416 4537647 2377078 11085413 10654494 29554658 31784812 -430919 0 X X 0 1 X 1 1 1 X 1875918 2851973 3052032 7804556 2373356 17957835 1875918 2851973 3052032 7804556 2373356 17957835 3541003 14416832 7447 12340 27324 47111 18004946 3791154 0.80070 0.77890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31107 26410 4697 84816 35063 49753 54450 VARIOUS INVESTMENTS 10559618 F 10559618 OPERATING LEASES 167057 167057 X 3481187 0 3481187 0 3481187 3912106 0 3912106 0 3912106 PART X, LINE 2: FARMLINK BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR TAX POSITIONS TAKEN, AND THEREFORE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FARMLINK'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2018 THROUGH 2021 ARE SUBJECT TO EXAMINATION FOR THREE AND FOUR YEARS RESPECTIVELY. 0 0 0 0 0 0 0 0 0 REGINALD V KNOX CHIEF EXECUTIVE OFFICER 140825 0 0 0 0 0 8666 0 16219 0 165710 0 0 0 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: OUR PROGRAMS CENTER COMMUNITIES OF COLOR, AND PROMOTE JUST AND RESILIENT ECONOMIES AND NATURAL RESOURCE CONSERVATION. WE OFFER FAIR FINANCING, BUSINESS EDUCATION, AND SUPPORT FOR OWNING OR MANAGING AGRICULTURAL LAND. CALIFORNIA FARMLINK (FARMLINK), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, WAS FORMED IN 1999. ITS MISSION IS TO INVEST IN THE PROSPERITY OF FARMERS, RANCHERS AND FISHERS THROUGH EDUCATION, LOANS, AND ACCESS TO LAND. FARMLINK HELPS THE BUSINESSES IT SERVES TO BUILD STRONG BUSINESS SKILLS, ACCESS FAIR FINANCING, AND ESTABLISH SECURE LAND TENURE. FARMLINK WORKS ACROSS THE STATE, WITH PARTICULAR FOCUS ON THE CENTRAL COAST AND IN THE SACRAMENTO AND SAN JOAQUIN VALLEYS, AND THE NORTH BAY REGION OF CALIFORNIA. TO HELP FARMERS, RANCHERS AND FISHERS ACCESS LAND AND CAPITAL, GROW THEIR BUSINESSES, AND CREATE JOBS, FARMLINK ORGANIZES ITS WORK INTO TWO PROGRAM AREAS: THE FARM AND RANCH PROSPERITY LOAN PROGRAM, AND THE LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAM. SEE BELOW FOR MORE INFORMATION. FORM 990, PART III, LINE 4A: FARM AND RANCH PROSPERITY LOAN PROGRAM - PROVIDES FLEXIBLY STRUCTURED FINANCING TO UNDERSERVED, LOW INCOME, IMMIGRANT AND BEGINNING FARMERS, RANCHERS AND FISHERS ACROSS CALIFORNIA FOR OPERATING, EQUIPMENT AND INFRASTRUCTURE LOANS. FARMLINK'S LOAN PROGRAM SERVES BORROWERS WHO WOULD OTHERWISE HAVE A DIFFICULT TIME SECURING FINANCING DUE TO LIMITED HISTORY AS ENTREPRENEURS, LIMITED TRADITIONAL COLLATERAL, LITTLE OR NO CREDIT HISTORY, SMALL LOAN SIZE, LANGUAGE BARRIERS, OR NON-TRADITIONAL MARKETING AND BUSINESS MODELS. FARMLINK ALSO DIRECTS FARMERS TO OTHER APPROPRIATE SOURCES OF FINANCING SUITED TO THE SCALE AND TYPE OF THE BUSINESS. IN 2022 FARMLINK DEPLOYED 50 LOANS WITH AVERAGE LOAN SIZE OF $113,463, IN 2021 FARMLINK DEPLOYED 126 LOANS, WITH AN AVERAGE LOAN SIZE OF $63,053, INCLUDING PPP LOANS. FARMLINK FOCUSES ON GENERATING PATHWAYS TO OWNERSHIP, HELPING FARMERS AND RANCHERS AND FISHERS PLAN FOR LOWER-INTEREST LAND LOANS AND OTHER MEANS TO ESTABLISH SECURE LONG-TERM LAND TENURE. WITH SECURE LAND TENURE, FARMERS CAN BUILD FINANCIAL EQUITY BY INVESTING IN IMPROVEMENTS TO SOIL HEALTH, FARM INFRASTRUCTURE AND HOUSING. THE LOAN PROGRAM DATES BACK TO 2005 WHEN FARMLINK BEGAN PARTNERING WITH LENDERS TO DEVELOP A FARM LOAN FUND TO PROVIDE FINANCING TO UNDERSERVED GROWERS. FARMLINK IDENTIFIED A LACK OF ACCESS TO FINANCING AS ONE OF THE TOP OBSTACLES FACED BY SMALL-SCALE AND LOW-INCOME FARMERS. FOR FIVE YEARS, FARMLINK OPERATED THE LOAN PROGRAM IN COLLABORATION WITH OTHER LENDING INSTITUTIONS: FARMLINK RAISED AND LOANED FUNDS TO THE LENDING INSTITUTIONS WHO ACTED AS THE LENDER OF RECORD TO MAKE LOANS TO SMALL FARMERS. FARMLINK OBTAINED ITS OWN LENDING LICENSE FROM THE CALIFORNIA DEPARTMENT OF CORPORATIONS AT THE END OF 2010, SECURED GUARANTEED LENDER STATUS FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE (USDA) FARM SERVICE AGENCY (FSA) IN 2011 AND HAS BEEN MAKING DIRECT LOANS SINCE THE FALL OF 2011. IN 2013, FARMLINK RECEIVED CERTIFICATION FROM THE U.S. DEPARTMENT OF THE TREASURY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). A CDFI IS A SPECIALIZED FINANCIAL INSTITUTION THAT WORKS IN MARKETS THAT ARE UNDERSERVED BY TRADITIONAL FINANCIAL INSTITUTIONS. WITH THIS CERTIFICATION, FARMLINK IS ELIGIBLE TO ACCESS FINANCIAL AND TECHNICAL ASSISTANCE AWARDS FROM THE U.S. DEPARTMENT OF TREASURY'S CDFI FUND. IN 2021, FARMLINK WAS APPROVED BY THE CALIFORNIA OCEAN PROTECTION COUNCIL TO MANAGE THE "CALIFORNIA FISHERIES FUND." ACQUIRED FROM COMMUNITY VISION CAPITAL & CONSULTING AT NO COST, THE PORTFOLIO CONSISTED OF 15 SMALL BUSINESS LOANS FOR A TOTAL OF $1,582,034. FARMLINK IS PRIORITIZING LOANS TO BEGINNING, LOW-INCOME AND DISADVANTAGED SMALL-SCALE FISHERS. FISHERS FROM THE COASTAL COMMUNITIES ON THE MONTEREY BAY AND SOUTHERN CALIFORNIA PORTS ARE DIVERSE IN ETHNICITY (LATINO, SICILIAN, VIETNAMESE), AND MANY COME FROM MULTI-GENERATIONAL FISHING FAMILIES. SIMILAR TO SMALL-SCALE AGRICULTURE, THE AVERAGE AGE OF FISHERS IS 55-60, THERE ARE CONSIDERABLE BARRIERS TO STARTING A BUSINESS, A COMPLEX REGULATORY ENVIRONMENT, AND A CHALLENGE TO RETAIN THESE BUSINESSES FOR THE NEXT GENERATION. IN 2022, FARMLINK DEPLOYED $966,400 THROUGH 8 LOANS TO SMALL SCALE FISHERS. FORM 990, PART III, LINE 4B: LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS - LINKS LANDSEEKERS WITH LANDHOLDERS AND PROVIDES EDUCATION AND TECHNICAL ASSISTANCE IN BUSINESS SKILLS, INCLUDING FINANCIAL AND LEGAL ACUMEN AND SUCCESSION PLANNING. FARMLINK'S LAND ACCESS AND FARM BUSINESS EDUCATION PROGRAMS ALSO BRING INCREASED FOCUS TO THE NEEDS OF VARIOUS STAKEHOLDER GROUPS THROUGH TWO PROGRAM AREAS: "EQUITY AND CONSERVATION ON WORKING LANDS (ECWL), AND "RESILIENCE AND WEALTH BUILDING." THESE TWO PROGRAMS EMPLOY FARMLINK'S CORE TOOLS IN LENDING, LAND ACCESS, BUSINESS EDUCATION AND TECHNICAL ASSISTANCE TO PROVIDE OPPORTUNITY FOR GROWTH AND SUCCESS AMONG SMALL-SCALE AND PEOPLE-OF-COLOR-OWNED FARM AND FISHING BUSINESSES. IN 2022, FARMLINK STAFF PROVIDED DIRECT, INDIVIDUALIZED TECHNICAL ASSISTANCE TO 284 GROWERS AND LANDHOLDERS. PROGRAM DETAILS AND OUTCOMES INCLUDE: EQUITY AND CONSERVATION ON WORKING LANDS: LAND ACCESS: FARMLINK INCREASES OPPORTUNITIES FOR CALIFORNIA FARMERS TO ACQUIRE AFFORDABLE, SECURE, LONG-TERM ACCESS TO FARMLAND, WITH AN EMPHASIS ON BEGINNING FARMERS, WOMEN FARMERS, AND FARMERS OF COLOR. THIS PROGRAM LINKS LANDSEEKERS WITH LANDHOLDERS, MAINTAINS A BILINGUAL DATABASE OF LAND AVAILABLE FOR LEASE OR SALE, CONNECTS FARMERS AND LANDHOLDERS, FACILITATES THE DEVELOPMENT AND NEGOTIATION OF STRONG AND EQUITABLE LEASE AGREEMENTS, AND SUPPORTS FARMERS SEEKING FINANCING FOR LAND PURCHASES. SINCE 2011, FARMLINK STAFF HAS DEVELOPED 506 SUCCESSFUL LEASES OR PURCHASES TAILORED TO THE NEEDS OF LANDHOLDERS AND GROWERS. CONSERVATION OF FARMLAND: FARMLINK FOCUSES ITS MODEL AS AN AGRICULTURAL CDFI TO SUPPORT LONG-TERM INVESTMENTS: ESTABLISHING SECURE LAND TENURE, FARM SUCCESSION PLANNING TO MAINTAIN FARM BUSINESSES, AND CREATING CONSERVATION INITIATIVES TO PROTECT AND IMPROVE NATURAL RESOURCES, SOIL HEALTH, WATER QUALITY AND BIODIVERSITY. IMPORTANT ASPECTS OF THE WORK INCLUDE DEEPENING PARTNERSHIPS WITH LAND TRUSTS AND CONSERVATION ORGANIZATIONS, AND MAKING LOANS DESIGNED TO SUPPORT REGENERATIVE FARMING PRACTICES. DURING 2022, FARMLINK SUPPORTED 20 FARM BUSINESSES IN PURCHASING LAND OR TRANSITIONING THEIR FARM BUSINESS TO NEW OWNERS/OPERATORS. OF THE $1.5 MILLION FARMLINK DEPLOYED IN LAND LOANS TO THESE BUSINESSES, 75% SUPPORTED LAND LOANS FOR FARMERS WITH LOW INCOMES OR FARMERS OF COLOR. FARMLINK APPLIES PROVEN STRATEGIES TO HELP LANDHOLDERS WORK WITH BEGINNING AND SMALL-SCALE FARMERS, PROMOTE A NEW PUBLICATION TO SUPPORT THE DEVELOPMENT OF REGENERATIVE GRAZING LEASES, AND INVITE MORE LANDHOLDERS TO BE PART OF ECWL. SUCCESSION: FARMLINK'S SUCCESSION PROGRAM, "THE REGENERATOR: A YEAR OF FARM SUCCESSION PLANNING," IS A 12-MONTH COURSE THAT WORKS WITH SMALL COHORTS OF FARM FAMILIES AND THEIR SUCCESSORS TO GENERATE PLANS THAT SUPPORT TRANSITION TO THE NEXT GENERATION OF FARMERS. PARTICIPANTS CONVENE MONTHLY TO LEARN FROM PROFESSIONALS, COMPARE NOTES WITH THEIR PEERS, AND WORK STEP-BY-STEP TO PLAN FOR THEIR FINANCIAL AND FAMILY WELL-BEING, AND THE HEALTH AND CONTINUITY OF THEIR WORKING FARMS AND RANCHES. RESILIENCE AND WEALTH BUILDING: FARMLINK'S EDUCATION PROGRAMS ASSIST FARMERS, RANCHERS AND FISHERS IN UNDERSTANDING THE LEGAL AND FINANCIAL STRUCTURE OF THEIR BUSINESSES AND HELP THEM ESTABLISH PRACTICES THAT WILL ENSURE THE FARM, RANCH OR FISHING BUSINESS IS RESILIENT TO FINANCIAL AND LEGAL RISKS, AND ABLE TO REMAIN VIABLE OVER THE LONG-TERM. PARTICIPATION IN EDUCATION PROGRAMS MAY HELP A CLIENT TO BECOME READY TO APPLY FOR A LOAN, AND MAY RESULT IN A CLIENT QUALIFYING FOR REDUCED INTEREST LOANS. THROUGH THE FARM RECOVERY AND RESILIENCE FUND, LAUNCHED IN 2021, FARMLINK HAS DEPLOYED $1.14 MILLION IN MULTI-YEAR TERM "DEVELOPMENTAL" CAPITAL THROUGH 26 LOANS, 90% TO FARMERS OF COLOR. THE SPANISH-LANGUAGE PROGRAM INCLUDES COHORT-BASED, IN-PERSON LEARNING AND ONE-ON-ONE TECHNICAL ASSISTANCE TO ASSIST FARMERS, RANCHERS AND FISHERS WITH LIMITED FORMAL EDUCATION OR ENGLISH-LANGUAGE PROFICIENCY. THE GOAL IS TO BUILD FINANCIAL STABILITY, INCLUDING THE ABILITY TO RECOVER FROM SHORT-TERM SETBACKS, THE ABILITY TO SAVE FOR RETIREMENT AND THE ABILITY TO PASS WEALTH TO FUTURE GENERATIONS. THE ENGLISH-LANGUAGE PROGRAM IS VIRTUAL AND PROVIDES COHORT-BASED COMPREHENSIVE BEGINNING AND INTERMEDIATE FARM, RANCH AND FISHING BUSINESS TRAINING IN A GROUP SETTING FOLLOWED BY ONE ON ONE TECHNICAL ASSISTANCE. DURING 2022, A TOTAL OF 38 GROWERS COMPLETED THE PARALLEL, 10-WEEK ENGLISH- AND SPANISH-LANGUAGE CURRICULA, WITH FOLLOW-ON TECHNICAL ASSISTANCE ON TOPICS INCLUDING BOOKKEEPING AND FINANCIAL MANAGEMENT. BOTH THE ENGLISH AND SPANISH LANGUAGE PROGRAMS USE A COMPREHENSIVE SELF-ASSESSMENT TOOL (THE FARMLINK BUSINESS RESILIENCE SELF-ASSESSMENT) TO HELP PARTICIPANTS SET LEARNING GOALS AND TO ASSIST IN LONG-TERM EVALUATION OF HOW EDUCATIONAL PROGRAMMING SHAPES FUTURE BUSINESS SUCCESS. FARMLINK ENGAGES CONSULTANTS WITH EXPERTISE IN ADULT PEDAGOGY, LEADERSHIP FROM AGRICULTURAL BUSINESS ADVISORS FROM THE COMMUNITIES FARMLINK SERVES, AS WELL AS PROGRAM ALUMNI SERVING AS PEER-BASED GUEST INSTRUCTORS, TO DESIGN AND DELIVER PROGRAMMING THAT IS RESPONSIVE TO HOW A COHORT OF PARTICIPANTS LEARN NEW SKILLS AND BEHAVIORS. FORM 990, PART VI, SECTION A, LINE 3 CALIFORNIA FARMLINK CONTRACTS WITH JONATHAN HARRISON TO PERFORM THE DUTIES OF CHIEF FINANCIAL OFFICER AT APPROXIMATELY 10 HOURS PER WEEK. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS TO PREPARE AND REVIEW FORM 990: IN JULY OF 2023, CALIFORNIA FARMLINK CONDUCTED A FULL INTERNAL QUALITATIVE AND QUANTITATIVE REVIEW OF 2022'S FORM 990. REVIEWERS INCLUDED THE EXECUTIVE DIRECTOR,CHIEF FINANCIAL OFFICER, DIRECTOR OF COMMUNICATIONS AND PHILANTHROPY, AND THE FINANCE AND OPERATIONS MANAGER. THEN, A DRAFT COPY WAS DISTRIBUTED TO THE INTERNAL COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW, THEN PRESENTED TO THE FULL BOARD OF DIRECTORS PRIOR TO CALIFORNIA FARMLINK'S AUGUST 2023 BOARD MEETING. THE DOCUMENT WAS THEN FILED. FORM 990, PART VI, SECTION B, LINE 12C THE PROCESS TO MONITOR CONFLICT OF INTEREST: CALIFORNIA FARMLINK, ITS LEADERSHIP AND STAFF ARE SUBJECT TO LEGAL REQUIREMENTS RELATING TO CONFLICTS OF INTEREST OUTLINED IN FARMLINK'S CONFLICT OF INTEREST POLICY. ASSOCIATES ARE TO PROMPTLY DISCLOSE TO FARMLINK ANY AFFILIATIONS OR OTHER MATTERS THAT CONSTITUTE OR COULD RESULT IN A CONFLICT OF INTEREST, WHENEVER THERE IS ANY DOUBT ABOUT WHETHER DISCLOSURE IS REQUIRED. THESE PARTIES ARE SUBJECT TO APPROPRIATE DISCIPLINARY AND/OR CORRECTIVE ACTIONS FOR A FAILURE TO DISCLOSE ACTUAL OR POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING THE CEO'S COMPENSATION: A COMPENSATION ANALYSIS WAS PREPARED BY THE FINANCE AND OPERATIONS MANAGER UTILIZING CONTEMPORANEOUS SALARY SURVEYS AND DATA FROM SIMILAR NOT FOR PROFIT ORGANIZATIONS, REVIEWED BY AN INDEPENDENT HUMAN RESOURCE SPECIALIST, AND SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. DELIBERATIONS ARE DOCUMENTED IN CALIFORNIA FARMLINK'S BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. AUDITED FINANCIALS ARE POSTED ON OUR WEBSITE. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 415,546. MANAGEMENT AND GENERAL EXPENSES 57,962. FUNDRAISING EXPENSES 22,186. TOTAL EXPENSES 495,694. FORM 990, PART XII, LINE 2C: RESPONSIBILITY FOR OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANTS: CALIFORNIA FARMLINK'S AUDIT COMMITTEE WAS ESTABLISHED AS AN ADVISORY COMMITTEE OF THE BOARD OF DIRECTORS, AND IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND AUDITOR SELECTION PROCESS.