Farmers Market Fund
- Assets
- $5.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 45-3804465
Organization Overview
Farmers Market Fund is located in Portland, OR. The organization was established in 2012. According to its NTEE Classification (K40) the organization is classified as: Nutrition, 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. Farmers Market Fund 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, Farmers Market Fund generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 34.0% 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.
Since 2019, Farmers Market Fund has awarded 54 individual grants totaling $1,562,468. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING LOW INCOME, ELDERLY, AND UNDER-SERVED POPULATIONS IN THE REGION TO INCREASE ACCESS TO HEALTHY, LOCALLY GROWN FOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOUBLE UP FOOD BUCKS (DUFB) INCREASES THE AMOUNT OF FRUITS AND VEGETABLES PURCHASED BY LOW INCOME FAMILIES. IT IS A PROGRAM THAT "MATCHES" SNAP BENEFITS SPENT AT PARTICIPATING FARMERS MARKETS IN OREGON. FOR EVERY $2 OF SNAP BENEFITS SPENT, THE SHOPPER GETS A MATCH OF UP TO $10 IN DUFB CURRENCY TO SPEND ON FRUITS AND VEGETABLES AT THE MARKETS.
FISCAL SPONSORSHIP CONTRIBUTIONS OF $3,250 RECEIVED WITH A PROGRAM EXPENSE OF $2,750 PAID OUT TO SPONSOREES. $637 BOOKED AS REVENUE FOR FISCAL SPONSOR FEES.- $2,250 TO HOLLYWOOD FARMERS MARKET / PO BOX 13233, PORTLAND, OR 97213- $500 TO MONTAVILLA FARMERS MARKET / PO BOX 16238, PORTLAND, OR 97292BEING A FISCAL SPONSOR ALLOWS US TO SUPPORT FARMERS MARKETS THAT ARE NOT 501(C)(3) ORGANIZATIONS IN THEIR ABILITY TO FUND SNAP MATCHING AND OTHER PROGRAMS THAT INCREASE ACCESS TO FRESH FOOD FOR LOW INCOME SHOPPERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Briana Arnold President | OfficerTrustee | 1 | $0 |
Amy Scholze Vice President | OfficerTrustee | 1 | $0 |
David Salerno Owens Secretary | OfficerTrustee | 1 | $0 |
Abby Farber Treasurer | OfficerTrustee | 1 | $0 |
Molly Notarianni Executive Dir. | Officer | 1 | $0 |
Mike Elliot Partial Year Past President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,406,826 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,498,295 |
| Total Program Service Revenue | $137 |
| Investment income | $552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,498,984 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $874,574 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,969 |
| Compensation of current officers, directors, key employees. | $15,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,896 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,904 |
| Payroll taxes | $8,094 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,967 |
| Advertising and promotion | $6,694 |
| Office expenses | $12,309 |
| Information technology | $2,797 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,790 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195 |
| Insurance | $1,365 |
| All other expenses | $0 |
| Total functional expenses | $1,056,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,102 |
| Savings and temporary cash investments | $542 |
| Pledges and grants receivable | $5,247,935 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $487 |
| Net Land, buildings, and equipment | $552 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,512,618 |
| Accounts payable and accrued expenses | $159,106 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $159,106 |
| Net assets without donor restrictions | $196,595 |
| Net assets with donor restrictions | $5,156,917 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,512,618 |
Grants Awarded
Over the last fiscal year, Farmers Market Fund has awarded $831,712 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: DUFB PROGRAM | $236,390 |
Portland, OR PURPOSE: DUFB PROGRAM | $79,669 |
LANE COUNTY FARMERS MARKET PURPOSE: DUFB PROGRAM | $70,218 |
Portland, OR PURPOSE: DUFB PROGRAM | $53,539 |
Coos Bay, OR PURPOSE: DUFB PROGRAM | $53,002 |
Portland, OR PURPOSE: DUFB PROGRAM | $46,940 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Farmers Market Fund has recieved totaling $45,023.
| Awarding Organization | Amount |
|---|---|
Pacificsource Foundation For Health Improvement Springfield, OR PURPOSE: INCREASING FOOD SECURITY FOR OREGON FAMILIES | $15,000 |
Oregon Community Foundation Portland, OR PURPOSE: Human Services | $15,000 |
Marie Lamfrom Charitable Foundation 091898 Wilsonville, OR PURPOSE: DOUBLE UP FOOD BUCKS OREGON: EXPANDING TO PROVIDE COVID RELIEF | $10,000 |
Zera Foundation Inc Portland, OR PURPOSE: NUTRITION PROGRAM | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodcorps Inc Portland, OR | $12,763,408 | $17,638,909 |
St Vincent Senior Citizen Nutrition Program Inc Los Angeles, CA | $40,415,031 | $11,098,361 |
Child Nutrition Program Of Southern California Inc La Mesa, CA | $1,219,764 | $5,741,090 |
Northwest Nutrition Service Portland, OR | $584,631 | $4,695,519 |
Evergreen Child Care Inc Los Angeles, CA | $626,022 | $3,738,468 |
Institute For Natural Resources Concord, CA | $9,735,820 | $4,547,683 |
Mendocino Food And Nutrition Program Fort Bragg, CA | $2,084,140 | $2,174,625 |
Fresh Approach Concord, CA | $1,540,287 | $2,423,475 |
Shasta Senior Nutrition Program Redding, CA | $0 | $2,011,555 |
Better Food Foundation Portland, OR | $411,047 | $1,625,517 |
Nourish California Oakland, CA | $2,289,153 | $1,482,621 |
Living Well Kent Collaborative Kent, WA | $1,032,626 | $1,577,559 |