Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Where Food Comes From, Inc. is a U.S.-based food verification, certification, and traceability company focused on the agricultural and food production industries. The company provides independent verification services that help producers, processors, retailers, and consumers validate claims related to food origin, production standards, sustainability, animal welfare, and source transparency. Its services support growing demand for verified food attributes across the beef, dairy, pork, poultry, lamb, grain, and specialty crop sectors. Public filings and company disclosures identify food verification and value-added certification services as the company’s primary revenue drivers.
The company operates through a collection of certification and verification businesses that provide audits, software platforms, labeling support, and supply chain traceability solutions. WFCF has developed a position within the U.S. agricultural sector by integrating verification programs with technology-enabled traceability systems and producer-facing operational tools. The business evolved from livestock source verification and expanded through acquisitions and internal development into broader sustainability, ESG, and food transparency services. Its growth has been tied to increasing retailer, regulator, and consumer demand for documented production standards and origin verification.
Business Operations
Where Food Comes From generates revenue primarily through verification audits, certification services, software subscriptions, licensing arrangements, and related data solutions. Its operating activities include source and age verification, non-hormone-treated cattle verification, organic certification, regenerative agriculture verification, animal welfare auditing, and sustainability reporting. The company’s operations are supported by several subsidiaries and business units, including Where Food Comes From Organic, IMI Global, SureHarvest, and Validus Verification Services. These entities collectively provide verification services across livestock, crop production, food processing, and sustainability compliance programs.
The company’s operations are concentrated in the United States, though several programs support international trade requirements and export verification standards. WFCF manages proprietary and integrated traceability platforms that connect producers, processors, and retailers with certification data and supply chain documentation. Its services are often aligned with USDA process verification programs and retailer sourcing standards. Strategic relationships with producer organizations, food brands, and agricultural supply chain participants support recurring audit and verification activity across multiple agricultural categories.
Strategic Position & Investments
WFCF’s strategic direction has focused on expanding traceability, sustainability verification, and value-added agricultural certification capabilities. The company has pursued growth through acquisitions and platform expansion, particularly in areas tied to ESG reporting, regenerative agriculture, organic certification, and consumer transparency. Major acquisitions disclosed in public filings include Validus Verification Services, which expanded animal welfare and sustainability auditing capabilities, and SureHarvest, which added sustainability analytics and environmental reporting technologies.
The company has increasingly positioned itself around data-enabled food transparency and environmental verification trends affecting retailers, processors, and agricultural producers. Its investments in traceability software, digital verification systems, and sustainability metrics are intended to support evolving regulatory and commercial sourcing requirements. Public disclosures indicate continued emphasis on programs tied to regenerative agriculture, carbon-related measurement initiatives, and verified sustainability claims within food production systems.
Geographic Footprint
Where Food Comes From is headquartered in Castle Rock, Colorado, and primarily operates across the United States agricultural market. Its verification and certification activities extend across major livestock and crop-producing regions, including the Midwest, Great Plains, Mountain West, and Southern United States. The company serves producers, processors, retailers, and food brands throughout North America, with certain verification programs supporting export-oriented supply chains.
While the company’s direct operational footprint is concentrated domestically, several services support international trade verification requirements and foreign market access programs. Its verification systems are used in connection with agricultural exports and internationally recognized production standards. Through its certification and traceability infrastructure, WFCF participates in supply chains connected to global food sourcing and agricultural compliance markets.
Leadership & Governance
Where Food Comes From was co-founded by John Saunders, who has remained a central figure in the company’s development and strategic direction. The company’s leadership has emphasized transparency in food production, independent verification standards, and technology-supported traceability systems for agricultural supply chains. Public filings and investor materials describe a strategy centered on strengthening consumer confidence in food sourcing while expanding producer participation in premium verification programs.
Key executives include:
- John Saunders – Executive Chairman
- Leann Saunders – President and Chief Executive Officer
- Scott Olynk Widmar – Chief Operating Officer
- Kimberly Stanzel – Chief Financial Officer
The company operates under a publicly traded governance structure and files periodic disclosures through the SEC including annual reports on Form 10-K and quarterly reports on Form 10-Q. Leadership communications have consistently highlighted growth in sustainability verification, expansion of digital traceability tools, and increased demand for verified food production claims as core strategic priorities.