Grass Lake Farmers Market
- Assets
- $44.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grass Lake, MI
- Founding
- 07/2016
- Data as of
- 12/2020
- EIN
- 81-1788202
Organization Overview
Grass Lake Farmers Market is located in Grass Lake, MI. The organization was established in 2016. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grass Lake 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 12/2020, Grass Lake Farmers Market generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $14.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (43.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabrina Edgar President | 8 | $7,500 | |
Chandra Crandal Treasurer | 1 | $0 | |
Veronica Zick Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,591 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,710 |
| Total Revenue | $23,301 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,658 |
| Total expenses | $14,158 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,939 |
| Other assets | $0 |
| Total assets | $44,503 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,503 |