2025-11-17T12:26:33+00:00 2024-12-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2024-01-01 921718542 Native Agriculture Financial Services NATI 4794457997 3500 N College Ave Suite B3 Fayetteville AR 72703 Janie Hipp CEO 2025-11-17 true Andrew Gray P01517705 9727028262 2025-11-17 2024 2025-03-06 01:10:19Z Janie Hipp 3500 N College Ave Suite B3 Fayetteville AR 72703 1430615 false X www.NativeAgFinance.org X 2022 ND To serve the capital access and educational needs of farmers and ranchers, and other food and agriculture-related entities, among Native American communities. 4 0 6 0 0 12000000 946875 0 0 158628 483740 0 0 12158628 1430615 0 0 0 0 373551 1224264 0 0 190139 92733 650314 466284 1874578 11692344 -443963 12337174 12782884 644830 1534503 11692344 11248381 To serve the capital access and educational needs of farmers and ranchers, and other food and agriculture-related entities, among Native American communities. false false 568900 NAFS will provide capital access and related services to support and promote Native American's continued engagement in agriculture and enhance their involvement in activities that further intergenerational sustainability of Native communities. NAFS will also enhance philanthropic efforts that support capital access and will engage with others focused on encouraging food security and agriculture in Native communities. b. This activity will be carried out by the employees and leadership of NAFS, their consultants, and their partner and collaborative organizations. c. NAFS will serve the agriculture sector of what is known as Indian Country, which spans across all states of the United States. According to the most recent Census of Agriculture, there are at least 80,000 plus Native farmers and ranchers, fishers and silviculturists in some of the most remote communities in rural America. d. 75 percent of the NAFS's time is focused on capital access and fundraising to secure capital for to support Native agriculture. e. All NAFS' activities will be funded through donations, grants, and agreements for services, and 75 percent of NAFS's overall expenses are allocated to this activity. f. This activity furthers NAFS's charitable exempt purposes by promoting social welfare, in that it provides capital access at low interest rates to persons who have not and do not have access to traditional means of capital, and more broadly eliminates prejudice and discrimination and combats community deterioration. 189633 NAFS will provide, at nominal or no cost to the participant, educational training and technical assistance focusing on business planning, financial and risk management in agriculture production, financial literacy, and related topics which form the basis for achieving sustainable farming and ranching, including the work of fishers and silviculturists, within Native communities. b. This activity will be carried out by the employees and leadership of NAFS, their consultants, and their partner and collaborative organizations. c. NAFS will serve the agriculture sector of what is known as Indian Country, which spans across all states of the United States. d. 25 percent of the NAFS's time is devoted to this activity. e. All NAFS' activities will be funded through donations, grants, and agreements for services, and 25 percent of NAFS's overall expenses are allocated to this activity. f. This activity furthers NAFS's educational exempt purposes by providing educational services on agriculture production, financial literacy, and related topics which form the basis for achieving sustainable farming and ranching, including the work of fishers and silviculturists, within Native communities, to the public. 758533 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 15 0 true 6 true false false false false false false false false false false false false false X 4 0 false false false false false false false true true false false false true true true true true true false false false false X Sandy Martini 4794457860 3500 N College Ave Suite B3 Fayetteville AR 72703 Charles Rawls Treasurer 10.0 0.0 X X 21750 0 0 Edwin Moore Board Chair 10.0 0.0 X X 21750 0 0 Gary Matteson Secretary 10.0 0.0 X X 21750 0 0 Janie Hipp PRESIDENT/CEO 10.0 0.0 X X 422500 0 15184 Tomie Peterson PRESIDENT END: 3/24; CHIEF LENDING OFFICER 10.0 0.0 X X 130058 0 5817 Sandra Martini VP/COO 10.0 0.0 X 244000 0 5817 Ridge Howell Legal Counsel 10.0 0.0 X 141123 0 5817 1002931 0 32635 4 false true false 0 147897 798978 946875 0 0 0 0 0 483740 483740 0 0 0 0 0 0 0 0 0 1430615 0 0 483740 1035566 442810 481761 110995 100332 42902 46676 10754 30784 13163 14321 3300 57582 24622 26788 6172 31871 31871 68780 68780 79680 34071 37068 8541 137420 58761 63929 14730 17155 7335 7981 1839 291613 124694 135662 31257 2832 1211 1317 304 20963 8964 9752 2247 0 0 0 0 1874578 758533 925906 190139 508970 155953 11776844 12260271 74851 0 0 0 0 257086 25100 26289 2832 0 23457 0 0 26260 11266 12337174 12782884 69967 193947 550000 831900 0 0 500000 24863 8656 644830 1534503 X 10692344 10248381 1000000 1000000 11692344 11248381 12337174 12782884 -443963 0 X false true true false X 12000000 946875 12946875 0 0 0 0 0 12000000 946875 12946875 11996321 950554 158628 483470 642098 0 0 0 0 0 0 0 13588973 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26289 2832 23457 23457 Federal Income Taxes Operating Lease Liability 8656 8656 1430615 0 0 1430615 0 0 1430615 1874578 0 0 1874578 0 0 1874578 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X X false false false false false false false false false Janie Hipp PRESIDENT/CEO 325000 0 97500 0 0 0 0 0 15184 0 437684 0 0 0 Sandra Martini VP/COO 200000 0 44000 0 0 0 0 0 5817 0 249817 0 0 0 Form 990, Part VI, Line 15a Process to Establish Compensation of Top Management Official NAFS plans to hire additional employees in the near term and is in the process of determining the necessary positions for the operations of the organization. Once the strategic plan is determined, NAFS will hire the appropriate employees and determine appropriate compensation by conducting research into published compensation models and studying compensation comparability within the nonprofit sector (nationally and in the region). Bonuses for current and future employees will be determined based on performance metrics and achieving the goals of the organization, as established by the governing Board. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of Interest Policies must be acknowledge by all members of the Board Committees, officers, and employees. Conflicts of interest must be disclosed each year in a conflict of interest questionnaire. A conflict of interest must be disclosed to the CEO, who in turn will inform the Chair of the Board. The conflicted employee will not participate in any discussions regarding the proposed transaction. Form 990, Part VI, Line 19 Required documents available to the public THE OGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.