Daffy

New Harvest, Inc.

New Harvest, Inc.

Stafford, TX 77477
Tax ID20-1425438

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About this organization

Revenue

$1,354,476

Expenses

$934,221

Mission

New Harvest is laying the groundwork for the future of agriculture by reimagining the way we make animal products—using cells instead of animals (aka cellular agriculture). Founded in 2004, we are the world’s longest-running 501(c)(3) nonprofit organization dedicated to advancing cultured meat research. Our mission is to maximize the positive impact of cellular agriculture, ensuring this emerging technology delivers on its promises to create a more equitable and sustainable food system by ending our dependence on animal agriculture. We fund public research and industry-wide initiatives to accelerate scientific breakthroughs and address shared challenges that transcend private interests.

About

Advancing scientific research. New Harvest worked directly with researchers and encouraged them to pursue scientific research in areas that would advance knowledge and technology so that animal products (meat, eggs, milk, etc.) can be produced without using animals. New Harvest advised researchers how to obtain funding and other support for their research and was able to match researchers with funding sources and other support necessary for their research. New Harvest worked with researchers developing milk, egg whites, gelatin, meat, rhino horn, and elephant ivory - all without the use of animals. Additionally, New Harvest provided direct funding to researchers working in this field.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “To support education & scientific research that advance technologies that make animal products (meat, eggs, milk, etc.) without the animals in order to reduce animal suffering, improve human health, & protect the environment.”.

When talking about its functions, they were outlined as: “To support education & scientific research that advance technologies that make animal products (meat, eggs, milk, etc.) without the animals in order to reduce animal suffering, improve human health, & protect the environment.”.

  • The legally reported state of operation for the non-profit is DE.
  • The non-profit organization as of 2020 has a total of 6 employees reported on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $420,255.
  • The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
  • The organization has 5 independent voting members.
  • The organization was formed in 2004.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $376,909 in salary, compensation, and benefits to its employees.
  • The organization pays $38,031 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.