Franklin Farmers Market Association
- Assets
- $84.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Grove, TN
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 74-3043792
Organization Overview
Franklin Farmers Market Association is located in College Grove, TN. The organization was established in 2004. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Farmers Market Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Franklin Farmers Market Association generated $193.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $201.0k during the year ending 12/2021. While expenses have increased by 6.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE A UNIQUE VENUE EACH WEEKEND FOR THE FAMILY FARMS IN THE AREA TO SELL WHAT THEY PRODUCE AND TO PROVIDE ACCESS TO FRESH, NUTRITIOUS FOOD LOCALLY GROWN TO THE GENERAL PUBLIC. ALSO PROVIDES AN OUTREACH TO THE COMMUNITY TO EDUCATE AND BE EDUCATED ABOUT LOCAL FOOD ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amelia Tavalin Executive Dir. | 40 | $50,700 | |
Jr Stroud Director | 1 | $0 | |
Patrick Kelley President | 2 | $0 | |
Cindy Corn Secretary | 1 | $0 | |
Clyde H Delvin Treasurer | 10 | $0 | |
Nate Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,536 |
| Total Program Service Revenue | $167,725 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,288 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,052 |
| Professional fees and other payments to independent contractors | $1,815 |
| Occupancy, rent, utilities, and maintenance | $18,000 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $68,947 |
| Total expenses | $200,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,596 |
| Other assets | $0 |
| Total assets | $84,307 |
| Total liabilities | $622 |
| Net assets or fund balances | $83,685 |