Maine Federation Of Farmers Markets
- Assets
- $188.0k
- Revenue
- $814.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Freeport, ME
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 36-4716128
Organization Overview
Maine Federation Of Farmers Markets is located in Freeport, ME. The organization was established in 2018. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Maine Federation Of Farmers Markets employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Federation Of Farmers Markets 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, Maine Federation Of Farmers Markets generated $814.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $801.5k during the year ending 12/2022. While expenses have increased by 20.7% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MFFM'S MISSION IS TO CULTIVATE A VIBRANT SUSTAINABLE FARMERS' MARKET COMMUNITY, AS A VITAL PART OF MAINE'S LOCAL FOOD NETWORK. THE FEDERATION WORKS WITH FARMERS, CONSUMERS AND COMMUNITIES TO MAKE WHOLESOME, LOCALLY-GROWN FOODS AVAILABLE TO ALL RESIDENTS, TO EDUCATE CONSUMERS ABOUT FOOD RESOURCES AND TO SUPPORT FARM VIABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE - MFFM'S CHARITABLE ACTIVITIES FOCUS ON REDUCING THE BARRIERS TO LOCAL FOOD FOR LOW-INCOME MAINERS, CONNECTING COMMUNITIES WITH FARMERS' MARKETS TO PROMOTE HEALTHY EATING, AND ADDRESSING FOOD DISTRIBUTION PROBLEMS BY WORKING TO INCREASE FARMERS' MARKET PRODUCE CAPACITY IN RURAL AREAS.
EDUCATIONAL - MFFM EDUCATES THE PUBLIC REGARDING THE BENEFITS OF EATING HEALTHY FOOD, WHERE TO FIND IT, HOW TO ACCESS IT AFFORDABLY, AND HOW TO PREPARE IT, AS WELL AS THE IMPORTANCE OF LOCAL AGRICULTURE TO MAINE'S FOOD SYSTEM AND ECOLOGY. IT ALSO PROVIDES EDUCATION TO MAINE FARMERS AND FARMERS' MARKET MANAGERS REGARDING MAKING THEIR PRODUCTS ACCESSIBLE TO LOW-INCOME RESIDENTS, SELECTING AND PARTICIPATING IN FARMERS' MARKETS, FOOD SAFETY, EFFECTIVE MARKETING AND MARKET RESEARCH, AND HOW TO BUILD COMMUNITY PARTNERSHIPS.
ENVIRONMENTAL - MFFM PARTNERS WITH OTHER ORGANIZATIONS IN MAINE TO DEVELOP AND PROMOTE CAMPAIGNS THAT PROTECT MAINE'S UNIQUE ENVIRONMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Debiasi Executive Director | Officer | 40 | $55,000 |
Kelsey Kobik Director | Trustee | 1 | $0 |
Sherie Blumentahl Director | Trustee | 1 | $0 |
Carolyn Snell Director | Trustee | 1 | $0 |
Jenna Nelson Director | Trustee | 1 | $0 |
Deena Parks Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $449,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $364,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $814,555 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $814,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,814 |
| Compensation of current officers, directors, key employees. | $3,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,603 |
| Payroll taxes | $9,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,557 |
| Information technology | $7,900 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,335 |
| All other expenses | $0 |
| Total functional expenses | $801,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,476 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,489 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,965 |
| Accounts payable and accrued expenses | $26,256 |
| Grants payable | $0 |
| Deferred revenue | $93,089 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $119,345 |
| Net assets without donor restrictions | $54,100 |
| Net assets with donor restrictions | $14,520 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $187,965 |