Good Local Market Inc
- Assets
- $74.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Dallas, TX
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 27-1086110
Organization Overview
Good Local Market Inc is located in Dallas, TX. The organization was established in 2012. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Good Local Market Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Local 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 12/2022, Good Local Market Inc generated $74.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $109.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
GOOD LOCAL MARKET, INC. PROVIDES A FARMERS MARKET, COMMUNITY GARDEN, AND EDUCATION PROGRAMS THAT STRENGTHEN THE LOCAL FOOD ECONOMY. THE ORGANIZATION CREATES AN AWARENESS OF ENVIRONMENTAL AND HEALTH BENEFITS OF GROWING AND EATING LOCAL FOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isabella Chamberlain Eecutive Director | 40 | $13,000 | |
Alexandria Agan General Manager | 10 | $0 | |
Colby Sherwood Market Manager | 10 | $0 | |
Lisset Bell Market Manager | 10 | $0 | |
Adam Jochelson President | 2 | $0 | |
Lawrence Mendive Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,549 |
| Total Program Service Revenue | $52,957 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,988 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,059 |
| Professional fees and other payments to independent contractors | $15,238 |
| Occupancy, rent, utilities, and maintenance | $8,306 |
| Printing, publications, postage, and shipping | $839 |
| Other expenses | $29,392 |
| Total expenses | $109,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,701 |
| Other assets | $0 |
| Total assets | $74,404 |
| Total liabilities | $202 |
| Net assets or fund balances | $74,202 |