Friends Of The Farmers Market
- Assets
- $111.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blacksburg, VA
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 43-1963927
Organization Overview
Friends Of The Farmers Market is located in Blacksburg, VA. The organization was established in 2009. According to its NTEE Classification (K30) the organization is classified as: Food 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. Friends Of The 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, Friends Of The Farmers Market generated $127.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $108.7k during the year ending 12/2021. While expenses have increased by 6.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Littlejohn Market Director - Nm | 40 | $39,000 | |
Hansen Ball President | 2 | $0 | |
Jason Hardy Treasurer | 2 | $0 | |
Carol Beliveau Vice President | 2 | $0 | |
Jennifer Wilsie Secretary | 2 | $0 | |
Martha Biggar Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,111 |
| Total Program Service Revenue | $69,018 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,996 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,529 |
| Professional fees and other payments to independent contractors | $2,110 |
| Occupancy, rent, utilities, and maintenance | $7,922 |
| Printing, publications, postage, and shipping | $196 |
| Other expenses | $47,905 |
| Total expenses | $108,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,411 |
| Other assets | $0 |
| Total assets | $111,073 |
| Total liabilities | $4,638 |
| Net assets or fund balances | $106,435 |
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