Friends Of The Market Inc is located in Birmingham, AL. The organization was established in 2006. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., 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. Friends Of The Market 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 12/2022, Friends Of The Market Inc generated $118.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $77.6k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 MARKET AT PEPPER PLACE WAS ESTABLISHED IN 2000 IN RESPONSE TO A GROWING NEED TO HELP SMALL FAMILY FARMS, AND PROVIDE A CONNECTION BETWEEN THESE FAMILY FARMERS AND THE PEOPLE OF BIRMINGHAM, ALABAMA.
THE MARKET AT PEPPER PLACE WAS ESTABLISHED IN 2000 IN RESPONSE TO A GROWING NEED TO HELP SMALL FAMILY FARMS, AND PROVIDE A CONNECTION BETWEEN THESE FAMILY FARMERS AND THE PEOPLE OF BIRMINGHAM, ALABAMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Catherine Sloss Jones Board President | 1.5 | $0 | |
Robert Walthall Director | 1.5 | $0 | |
Holly Terrell Director | 1.5 | $0 | |
Allison Savela Director | 1.5 | $0 | |
Katherine Davis Director | 1.5 | $0 | |
Hunter Lewis Director | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $113,029 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,944 |
Total Revenue | $118,568 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $77,592 |
Total expenses | $77,592 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,066 |
Other assets | $0 |
Total assets | $45,066 |
Total liabilities | $0 |
Net assets or fund balances | $45,066 |
Over the last fiscal year, we have identified 2 grants that Friends Of The Market Inc has recieved totaling $40,000.
Awarding Organization | Amount |
---|---|
The Community Foundation Of Greater Birmingham Birmingham, AL PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS | $30,000 |
Jones Family Fund Birmingham, AL PURPOSE: TO SUPPORT ALABAMA FARMERS AND SMALL BUSINESSES | $10,000 |
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