Friends Of The Market Inc is located in Birmingham, AL. The organization was established in 2006. 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. Friends Of The Market Inc 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 12/2023, Friends Of The Market Inc generated $85.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $83.8k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
THE MARKET AT PEPPER PLACE WAS ESTABLISHED IN 2000 IN RESPONSE TO A GROWING NEED TO HELP SMALL FAMILY FARMS, AND PROVIDE A CONNECTION BETWEEN THESE FAMILY FARMERS AND THE PEOPLE OF BIRMINGHAM, ALABAMA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Sloss Jones Board President | 1.5 | $0 | |
Robert Walthall Director | 1.5 | $0 | |
Allison Savela Director | 1.5 | $0 | |
Franklin Biggs Director | 1.5 | $0 | |
Katherine Davis Director | 1.5 | $0 | |
Holly Terrell Director | 1.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,721 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,802 |
| 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 | $83,804 |
| Total expenses | $83,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,064 |
| Other assets | $0 |
| Total assets | $47,064 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,064 |