Mar Vista Farmers Market Association
- Assets
- $467.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2023
- EIN
- 57-1233653
Organization Overview
Mar Vista Farmers Market Association is located in Los Angeles, CA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Mar Vista Farmers Market Association employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mar Vista Farmers Market Association 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, Mar Vista Farmers Market Association generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $952.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS CORPORATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSE OF THIS CORPORATION SHALL BE TO PROMOTE ENVIRONMENTAL, CULTURAL, ARTISTIC, AND EDUCATIONAL EVENTS FOR THE MAR VISTA COMMUNITY, TO PROMOTE THE UNIQUE IDENTITY OF AND FOSTER A SENSE OF COMMUNITY IN THE MAR VISTA COMMUNITY, TO SUPPORT LOCAL MAR VISTA CHARITIES, AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS PURPOSE AS ALLOWED BY LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A GATHERING SPACE FOR THE COMMUNITY WHICH INCLUDES WEEKLY ENVIRONMENTAL PROGRAMMING, COOKING, AND ART PROJECTS FOR CHILDREN. COOKING DEMONSTRATIONS FOR ADULTS, SPACE FOR COMMUNITY GROUPS TO PRESENT AND SHARE THEIR INFORMATION AND ACTIVITIES WITH THE PUBLIC. MUSICAL ENTERTAINMENT AND CULTURAL FOOD AND FESTIVAL CELEBRATIONS FOR THE WHOLE COMMUNITY.
OTHER LOCAL ORGANIZATIONS GENERAL SUPPORT
SUPPORTING NEIGHBORHOOD YOUTH ASSOCIATION SCHOLARSHIP PROGRAM, SPONSORING A GARDENING PROGRAM, TEACHER, SUPPLIES ETC., AND PROVIDING FOOD FOR THE AFTER-SCHOOL SNACK PROGRAM.
SUPPORTING THE GRAND VIEW ELEMENTARY SCHOOL GARDEN THROUGH THE GARDEN SCHOOL FOUNDATION, AND SPONSORING THE 5TH GRADE CLASS TRIP ANNUALLY VIA THE PTA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Basmajian Chair | OfficerTrustee | 3 | $0 |
Rob Kadota Director | Trustee | 1 | $0 |
Celeste Maguire Director | Trustee | 1 | $0 |
Yvette Molinaro Director | Trustee | 1 | $0 |
Michael Saltzman Director | Trustee | 1 | $0 |
Joseph Treves Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,105,313 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$18,509 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,086,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,132 |
| 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. | $122,543 |
| Compensation of current officers, directors, key employees. | $61,271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $211,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,145 |
| Payroll taxes | $30,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,393 |
| Fees for services: Accounting | $29,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,636 |
| Advertising and promotion | $34,118 |
| Office expenses | $66,690 |
| Information technology | $5,708 |
| Royalties | $0 |
| Occupancy | $109,401 |
| Travel | $6,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $27,559 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,336 |
| Insurance | $43,236 |
| All other expenses | $64,040 |
| Total functional expenses | $952,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,931 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $580 |
| 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 | $114,781 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,110 |
| Total assets | $467,402 |
| Accounts payable and accrued expenses | $11,641 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,263 |
| Total liabilities | $23,904 |
| 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 | $443,498 |
| Total liabilities and net assets/fund balances | $467,402 |
Grants Awarded
Over the last fiscal year, Mar Vista Farmers Market Association has awarded $48,132 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NEIGHBORHOOD YOUTH ASSOCIATION PURPOSE: GENERAL SUPPORT FOR SCHOLARSHIPS, AFTER SCHOOL SNACK PROGRAM AND GARDEN TEACHER THROUGH HOME GROWN | $19,960 |
GRAND VIEW ELEMENTARY PURPOSE: SUPPORT FOR THE 5TH GRADE PTA TEAM BUILDING TRIP AND GARDEN TEACHERS PROVIDED THROUGH THE GARDEN SCHOOL FOUNDATION | $16,548 |
ALL OTHER GRANTS LESS THAN 5000 PURPOSE: GENERAL SUPPORT | $11,624 |