Magnolia Community Farmers Market
- Assets
- $1.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloucester, MA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3714645
Organization Overview
Magnolia Community Farmers Market is located in Gloucester, MA. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., 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. Magnolia Community 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, Magnolia Community Farmers Market generated $5.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $4.4k during the year ending 12/2021. While expenses have increased by 12.9% per year over the past 2 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
RAISE FUNDS TO SUPPORT MAGNOLIA LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alana Horne President | 0 | $0 | |
Rebecca Doyon Treasurer | 0 | $0 | |
David Kelley Vice President | 0 | $0 | |
Nying Gallo Clerk | 0 | $0 | |
Dylan Enos Director | 0 | $0 | |
Greg Farrenkopf Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,231 |
| Total Program Service Revenue | $2,842 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $760 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,833 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,395 |
| Total expenses | $4,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,884 |
| Other assets | $0 |
| Total assets | $1,884 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,884 |
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White Feather Forest Inc Saugerties, NY | $359,824 | $75,416 |
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Pitney Meadows Community Farm Inc Saratoga Springs, NY | $3,433,291 | $1,027,311 |
Connecticut Restaurant Association Inc Farmington, CT | $762,471 | $846,615 |
Common Ground Farm Inc Beacon, NY | $214,026 | $737,294 |
North Kingstown Food Pantry Inc North Kingstown, RI | $1,163,640 | $776,639 |
Foodshot Global Inc New York, NY | $602,916 | $551,507 |