National Association of State Departments of Agriculture

What it reported doing in 2024

Since 1983, nasda has held a cooperative agreement (ca) with the foreign agricultural service (fas) of usda. Nasda uses funds from the market access program (map) to produce two annual domestic trade show pavilions in partnership with the national restaurant association and the world trade center miami (wtcm). Nasda works with staff in the usda/fas overseas offices to recruit qualified buyers from all over the world to attend these trade shows. The primary goal is to promote u.s. Agriculture and food products by helping small and medium size u.s. Food and beverage companies export their products all over the world. Nasda has hosted a taste of the states: chicago at the national restaurant show for more than 20 years. The pavilion features more than 100 small and medium u.s. Food and beverage companies who are seeking international markets for their products. The show is visited by more than 50,000 food service leaders from all 50 states and 120 countries. Nasda has hosted a taste of the states: miami at the americas food & beverage (afb) show, in partnership with the world trade center miami, since 2005. Given its prime location for reaching latin america, exhibitors gain valuable exposure to buyers from the caribbean, south america, central america, canada and mexico during this unique event. Nasda also works with trade services staff within fas/usda to provide furnishings within USA pavilions at large food shows such as anuga, foodex, gulfood, sial china, sial paris, as well as a variety of other international food trade shows. These activities are intended to further promote the u.s. Companies participating in the shows, with the goal of attracting more international buyers for u.s. Products. Nasda uses funds from the emerging markets program (emp) and regional agricultural promotion program (rapp) to lead outbound trade missions to international destinations and inbound/reverse trade missions to u.s. States. For outbound missions the delegations consist of staff members from the state departments of agriculture with the purpose of assessing market trends, opportunities, and constraints for u.s. Agricultural products. For inbound missions the delegations consist of international guests with the purpose of showcasing u.s. Agriculture production to develop deeper relationships and open doors to exporting u.s. Products.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.6%; rating input score 36; 36th percentile among comparable filings
• Total-asset coverage ratio: 0.4; rating input score 11; 11th percentile among comparable filings
• Liabilities to assets ratio: 0.47; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: -3.4% per year; rating input score 0; 3rd percentile among comparable filings
• Asset growth: 13.7% per year; rating input score 100; 78th percentile among comparable filings