Marblehead Farmers Market Inc
- Assets
- $1.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 52-2390587
Organization Overview
Marblehead Farmers Market Inc is located in Marblehead, MA. The organization was established in 2013. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marblehead Farmers Market Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Marblehead Farmers Market Inc generated $16.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $20.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATE A PUBLIC FARMERS' MARKET SATURDAY MORNINGS FOR ABOUT 26 WEEKS WHERE INCOME IS PRIMARILY DERIVED FROM VENDOR BOOTH FEES
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 |
|---|---|---|---|
Donald Morgan President | 4 | $0 | |
Steve Fowler Fm Manager | 9 | $10,370 | |
Charles Gessner Vice President | 2 | $0 | |
Sally Marcy Crafts Manager | 4 | $0 | |
Christopher Grant Trustee - Farmer | 3 | $0 | |
Richard Roseburgh Trustee - Farmer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,727 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,813 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,865 |
| Professional fees and other payments to independent contractors | $1,602 |
| Occupancy, rent, utilities, and maintenance | $6,446 |
| Printing, publications, postage, and shipping | $658 |
| Other expenses | $1,299 |
| Total expenses | $20,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,366 |
| Other assets | $0 |
| Total assets | $1,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,366 |