Hub City Farmers Market
- Assets
- $203.6k
- Revenue
- $649.8k
- Investments
- $0.0
- Employees
- 21
- Location
- Spartanburg, SC
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 56-2370088
Organization Overview
Hub City Farmers Market is located in Spartanburg, SC. The organization was established in 2003. According to its NTEE Classification (K40) the organization is classified as: Nutrition, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Hub City Farmers Market employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hub City Farmers Market 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 12/2021, Hub City Farmers Market generated $649.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $646.2k during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HUB CITY FARMERS' MARKET IS A NONPROFIT COMMUNITY ORGANIZATION THAT AIMS TO INCREASE SUPPLY, DEMAND, AND ACCESS TO HEALTHY, LOCAL FOODS IN SPARTANBURG, SOUTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FARMERS' MARKET - FARMERS' MARKET GOALS ARE TO INCREASE THE DEMAND, AVAILABILITY, AND ACCESS TO FRESH PRODUCE. IN ADDITION, CREATE A PUBLIC SPACE TO SERVE AS A TOOL FOR SOCIAL INTEGRATION AND PROVIDE AN INCUBATOR FOR SMALL FARMERS AND DISTRESSED AREAS. THE FARMERS' MARKET PROGRAM ALSO INCLUDES A MOBILE MARKET THAT TRAVELS TO COMMUNITIES WITH FRESH PRODUCE TO PROVIDE ACCESS TO HEALTHY FOODS AND COMMUNITY SUPPORTED AGRICULTURAL PROGRAMS, THAT HELPS SMALL FARMS REACH MORE RESIDENTS. FARMERS' MARKET AND MOBILE MARKET SERVED APPROXIMATELY 25,000.
URBAN FARM - A WORKING FARM MANAGED BY HUB CITY FARMERS' MARKET STAFF, THE URBAN FARM SEEKS TO EDUCATE THE PUBLIC ABOUT FARMING PRACTICES AND THE BENEFITS OF HEALTHY, LOCAL FOOD THROUGH PROGRAMMING AND VOLUNTEER OPPORTUNITIES. THE URBAN FARM COVERS APPROXIMATELY 1/2 ACRE LOCATED AT NORTHSIDE HARVEST PARK. PRODUCE FROM THE FARM IS SOLD OR DONATED TO INDIVIDUALS, BUSINESSES, AND COMMUNITY ORGANIZATIONS. 1,408 POUNDS OF PRODUCE WERE HARVESTED DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Wolfe Executive Di | Officer | 40 | $55,333 |
Ellen Cartee Board Chair | OfficerTrustee | $0 | |
Aundi Hunter Vice Chair | OfficerTrustee | $0 | |
Peter Brewitt Secretary | OfficerTrustee | $0 | |
Wayne Sigler Treasurer | OfficerTrustee | $0 | |
Dori Burgess Executive Di | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $16,000 |
| Membership dues | $0 |
| Fundraising events | $11,742 |
| Related organizations | $0 |
| Government grants | $175,006 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,706 |
| Total Program Service Revenue | $181,860 |
| 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 | $94 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $649,812 |
| 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. | $55,057 |
| Compensation of current officers, directors, key employees. | $19,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,160 |
| Payroll taxes | $19,668 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,029 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,829 |
| Office expenses | $1,048 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,675 |
| Travel | $1,010 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $394 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,725 |
| Insurance | $13,753 |
| All other expenses | $45,872 |
| Total functional expenses | $646,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,486 |
| 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 | $367 |
| Net Land, buildings, and equipment | $133,703 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $203,556 |
| Accounts payable and accrued expenses | $24 |
| 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 | $22,763 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,787 |
| Net assets without donor restrictions | $173,285 |
| Net assets with donor restrictions | $7,484 |
| 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 | $203,556 |
Grants Awarded
Over the last fiscal year, Hub City Farmers Market has awarded $78,404 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Columbia, SC PURPOSE: INCREASE SNAP AT FM | $64,760 |
UNIVERSITY OF SOUTH CAROLINA PURPOSE: RESEARCH FM SNAP | $13,644 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Hub City Farmers Market has recieved totaling $381,539.
| Awarding Organization | Amount |
|---|---|
Mary Black Foundation Inc Spartanburg, SC PURPOSE: 2021 KEY PARTNER FUNDING | $180,000 |
Mary Black Foundation Inc Spartanburg, SC PURPOSE: GENERAL OPERATING SUPPORT | $105,000 |
Timken Foundation Of Canton Canton, OH PURPOSE: IMPROVING VIBRANCY AT HARVEST PARK | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $23,467 |
Spartanburg County Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $15,280 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Nutrition Program Inc Charlotte, NC | $191,664 | $9,452,233 |
Home Care Associates Inc Atlanta, GA | $653,854 | $6,149,129 |
National Association Of Farmers Market Nutrition Programs Rougemont, NC | $512,490 | $1,454,310 |
Nutrition Plus Inc Goldsboro, NC | $125,695 | $1,250,068 |
A Is For Appetite Food & Nutrition Services Inc Charlotte, NC | $31,229 | $716,158 |
Hub City Farmers Market Spartanburg, SC | $203,556 | $649,812 |
Nutrition Source Charlotte, NC | $433 | $361,928 |
Peanut Institute Foundation Inc Albany, GA | $816,347 | $519,736 |
Help 4 Kids Florence Florence, SC | $730,799 | $370,559 |
Normanthecow Columbia, SC | $50,330 | $5,013 |
Plant-Based Prevention Of Disease Inc Asheville, NC | $100,172 | $0 |
Health & Bloom Corporation MIlton, GA | $202,581 | $305,500 |