Michigan Farmers Market Association
- Assets
- $728.5k
- Revenue
- $699.4k
- Investments
- $0.0
- Employees
- 11
- Location
- East Lansing, MI
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 45-2119498
Organization Overview
Michigan Farmers Market Association, operating under the name Mifma, is located in East Lansing, MI. The organization was established in 2015. 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. As of 12/2022, Mifma employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mifma 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, Mifma generated $699.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $662.4k during the year ending 12/2022. While expenses have increased by 16.6% per year over the past 8 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
WE PLACE EQUITY AT THE FOREFRONT OF SUPPORTING THE VIABILITY OF COMMUNITY DRIVEN MARKETPLACES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A GRANT FROM THE USDA FARMERS MARKET PROMOTION PROGRAM HAS EQUIPPED MIFMA WITH THE FUNDS TO LAUNCH A STATEWIDE COMMUNICATION CAMPAIGN TO ATTRACT RESIDENTS AND TOURISTS ALIKE TO SHOP AT MICHIGAN'S FARMERS MARKETS. IN 2022, THE CAMPAIGN INCLUDED PAID ADVERTISING, VIDEO PRODUCTION, AND DISTRIBUTION OF TEMPLATES FOR MANAGERS TO USE TO PROMOTE THEIR OWN MARKETS.
EDUCATIONAL PROGRAMMING - TOTAL EXPENSES OF $100,940FOOD ACCESS FOR ALL - TOTAL EXPENSES OF $32,864FOOD SAFETY TRAINING AND EDUCATION - TOTAL EXPENSES OF $47,250OTHER PROGRAMMING - TOTAL EXPENSES OF $84,559
MIFMA PROVIDES TECHNICAL ASSISTANCE FOR GRANTEES OF THE GUS SCHUMACHER NUTRITION INCENTIVE PROGRAM IMPLEMENTING PRODUCE PRESCRIPTION PROJECTS AS A MEMBER OF THE NUTRITION INCENTIVE PROGRAM NATIONAL TRAINING, TECHNICAL ASSISTANCE, EVALUATION AND INFORMATION CENTER REFERRED TO AS THE NUTRITION INCENTIVE HUB. IN ADDITION TO ONE-ON-ONE TECHNICAL ASSISTANCE, MIFMA ALSO CONVENES A COMMUNITY OF PRACTICE, CREATES AND SOURCES RESOURCES FROM THE FIELD, AND ASSITS IN PLANNING BOTH IN-PERSON AND VIRTUAL MEETINGS OF GRANTEES AND EXPERTS FROM THE FIELD.
THE DOUBLE UP FOOD BUCKS PROGRAM IS A NUTRITION INCENTIVE PROGRAM THAT MATCHES THE AMOUNT OF SNAP BENEFITS CONSUMERS SPEND AT PARTICIPATING RETAILERS WITH ADDITIONAL FUNDS TO PURCHASE MORE LOCALLY GROWN FRESH FRUIT AND VEGETABLES. THE PROGRAM OPERATES IN MORE THAN 120 FARM DIRECT RETAIL SITES IN MICHIGAN. MIFMA PROVIDES TECHNICAL ASSISTANCE TO THESE SITES AND SUPPORTS PROGRAM ADMINISTRATION IN THESE FARM DIRECT RETAIL SETTINGS ACROSS MICHIGAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Bader President | OfficerTrustee | 1.5 | $0 |
Alexander Steward Vice President | OfficerTrustee | 1.5 | $0 |
Connie Watson Secretary | OfficerTrustee | 1.5 | $0 |
Anna Almanza Director | Trustee | 1.5 | $0 |
Amy Fisher Treasurer | OfficerTrustee | 1.5 | $0 |
Aliza Ghaffari Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,705 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $275,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,044 |
| Noncash contributions included in lines 1a–1f | $1,850 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,959 |
| Total Program Service Revenue | $368,887 |
| Investment income | $2,529 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $699,390 |
| 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. | $72,580 |
| Compensation of current officers, directors, key employees. | $16,693 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,879 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,249 |
| Payroll taxes | $25,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $131,895 |
| Advertising and promotion | $12,250 |
| Office expenses | $4,936 |
| Information technology | $15,691 |
| Royalties | $0 |
| Occupancy | $24,048 |
| Travel | $7,236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,813 |
| All other expenses | $772 |
| Total functional expenses | $662,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,980 |
| Savings and temporary cash investments | $545,824 |
| Pledges and grants receivable | $173,524 |
| Accounts receivable, net | $0 |
| 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 | $2,154 |
| 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 | $728,482 |
| Accounts payable and accrued expenses | $20,761 |
| Grants payable | $0 |
| Deferred revenue | $219,445 |
| 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 | $240,206 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $488,276 |
| Total liabilities and net assets/fund balances | $728,482 |