The Saratoga Farmers Market Association Inc
- Assets
- $124.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saratoga Springs, NY
- Founding
- 03/2019
- Data as of
- 02/2022
- EIN
- 20-0338161
Organization Overview
The Saratoga Farmers Market Association Inc is located in Saratoga Springs, NY. The organization was established in 2019. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saratoga Farmers Market Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Saratoga Farmers Market Association Inc generated $78.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $83.9k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE SARATOGA FARMER'S MARKET ASSOCIATION UNITES AND EDUCATES FARMERS AND CONSUMERS IN A VIBRANT COMMUNITY EXPERIENCE THAT SUPPORTS FAMILY FARMS AND ASSOCIATED BUSINESSES AND PROVIDES PEOPLE IN THE REGION WITH HIGH QUALITY LOCALLY PRODUCED FOOD AND RELATED PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Avery Secretary | 3 | $0 | |
Mark Bascum President | 5 | $0 | |
Giovanni Fresco Treasurer 12/31/2021 | 3 | $0 | |
Beth Tratell Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,410 |
| Total Program Service Revenue | $69,033 |
| Membership dues | $4,870 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,064 |
| Total Revenue | $78,408 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,143 |
| Professional fees and other payments to independent contractors | $1,685 |
| Occupancy, rent, utilities, and maintenance | $13,701 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $30,313 |
| Total expenses | $83,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,966 |
| Other assets | $0 |
| Total assets | $124,141 |
| Total liabilities | $3,346 |
| Net assets or fund balances | $120,795 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Saratoga Farmers Market Association Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Capital District Physicians Health Plan Inc Albany, NY PURPOSE: PPE, FOOD, HOUSING AND EMERGENCY AID ASSISTANCE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
Move For Hunger Inc Neptune, NJ | $1,899,350 | $7,237,054 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
T A S K Trenton, NJ | $14,881,769 | $6,763,613 |
Boston Area Gleaners Inc Acton, MA | $5,396,284 | $7,361,756 |
Food Brigade Inc Paramus, NJ | $32,609 | $4,662,989 |
Lakewood Community Service Corp Lakewood, NJ | $2,505,972 | $4,390,596 |
Urban Food Initiative Dorchester, MA | $4,670,593 | $4,930,418 |
Rescuing Leftover Cuisine New York, NY | $1,103,625 | $3,644,862 |
Lasagna Love Inc Williamstown, MA | $142,703 | $3,275,591 |
Food Link Inc Arlington, MA | $6,530,606 | $4,394,234 |