Greensboro Farmers Market Inc
- Assets
- $180.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Greensboro, NC
- Founding
- 06/2012
- Data as of
- 06/2024
- EIN
- 45-3819685
Organization Overview
Greensboro Farmers Market Inc is located in Greensboro, NC. The organization was established in 2012. 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 06/2024, Greensboro Farmers Market Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro Farmers 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 06/2024, Greensboro Farmers Market Inc generated $131.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $167.8k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
GFM PROVIDES GREATER GREENSBORO WITH OPPORTUNITIES TO PURCHASE AND LEARN ABOUT LOCAL FOODS IN A FRIENDLY AND DIVERSE SOCIAL SETTING. GFM ENCOURAGES AND SUPPORTS THE GROWTH AND LOCAL FOODS AND ARTISAN GOODS BUSINESSES TO IMPROVE GREATER GREENSBORO'S ECONOMY AND SUPPORT HEALTHY EATING.
Describe the Organization's Program Activity:
Part 3
GREENSBORO FARMERS CURB MARKET - OPERATED THE CURB MARKET ON BEHALF OF THE CITY OF GREENSBORO. ON AVERAGE, 70 VENDORS SERVED 1500 CITIZENS ON EACH OF 52 WEEKS, 12 VENDORS SERVED 250 CUSTOMERS ON EACH OF 26 WEEKS.
GREENSBORO FARMERS MARKET SNAP- OPERATED SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM WITH UP TO $15 IN MATCHING FUNDS PROVIDED THROUGH GRANT FUNDS ON SATURDAYS FROM MARCH THROUGH JUNE. SERVED ABOUT 25 SNAP CUSTOMERS ON MARKET DAYS.
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 |
|---|---|---|---|
Gardner Sheffield Member | 0 | $0 | |
Garland Mccollum Member | 0 | $0 | |
Janice Nicholson Member | 0 | $0 | |
John Handler Member | 0 | $0 | |
Jamilla Pinder Member | 0 | $0 | |
Terri Rivers Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,206 |
| Total Program Service Revenue | $27,908 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,114 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,569 |
| Professional fees and other payments to independent contractors | $32,541 |
| Occupancy, rent, utilities, and maintenance | $14,520 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,170 |
| Total expenses | $167,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,234 |
| Other assets | $0 |
| Total assets | $180,266 |
| Total liabilities | $40,387 |
| Net assets or fund balances | $139,879 |