Vermont Farmers Market Education Center Inc is located in Rutland, VT. The organization was established in 2013. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Vermont Farmers Market Education Center Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Farmers Market Education Center 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 12/2020, Vermont Farmers Market Education Center Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 53.8% each year . All expenses for the organization totaled $961.2k during the year ending 12/2020. While expenses have increased by 50.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE LOCAL FOOD SYSTEM THROUGH ACCESS, INFRASTRUCTURE AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPANDING MARKETS AND MARKET ACCESS, INCLUDING DISTRIBUTION OF LOCALLY PRODUCED AND VALUE ADDED AGRICULTURAL PRODUCTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Cox President | OfficerTrustee | 10 | $0 |
Chris Keyser Treasurer | OfficerTrustee | 10 | $0 |
Ryan Yoder Vice President | OfficerTrustee | 10 | $0 |
Brianna Schneider Secretary | OfficerTrustee | 10 | $0 |
Ludy Biddle Director | Trustee | 10 | $0 |
Lisa Garson Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $922,587 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $922,587 |
Total Program Service Revenue | $68,565 |
Investment income | $2 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$1,295 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $14,900 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,004,759 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $153,583 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,749 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,434 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $20,216 |
Advertising and promotion | $0 |
Office expenses | $3,037 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $80,480 |
Travel | $870 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $21,400 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,177 |
All other expenses | $3,424 |
Total functional expenses | $961,184 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,336 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $439,588 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $595,924 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $450,432 |
Unsecured mortgages and notes payable | $21,200 |
Other liabilities | $0 |
Total liabilities | $471,632 |
Net assets without donor restrictions | $124,292 |
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 | $0 |
Total liabilities and net assets/fund balances | $595,924 |
Over the last fiscal year, we have identified 7 grants that Vermont Farmers Market Education Center Inc has recieved totaling $154,612.
Awarding Organization | Amount |
---|---|
Lookout Foundation Inc Boston, MA PURPOSE: TO SUPPORT VFFC'S STRATEGIC OPERATION PLAN, PMT 3 OF 3 | $50,000 |
Lookout Foundation Inc Boston, MA PURPOSE: TO SUPPORT VFFC'S STRATEGIC OPERATION PLAN, PMT 2 OF 3 | $50,000 |
United Way Of Rutland County Vermont Inc Rutland, VT PURPOSE: GENERAL OPERATIONS | $26,600 |
Whitehead Foundation Inc Lenox, MA PURPOSE: FARMACY | $20,000 |
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $7,500 |
Smbc Global Foundation Inc New York, NY PURPOSE: EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |