Kokomo Downtown Farmers Market
- Assets
- $12.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kokomo, IN
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 47-4210776
Organization Overview
Kokomo Downtown Farmers Market is located in Kokomo, IN. The organization was established in 2016. 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. Kokomo Downtown Farmers Market is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Kokomo Downtown Farmers Market generated $52.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $90.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
CREATE A FARMERS MARKET FOR LOCAL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Alexander President | 0 | $0 | |
Keith Peterson Treasurer | 0 | $0 | |
Mathias Ingle Director | 0 | $0 | |
Jennifer Rozzi Director | 0 | $0 | |
Chad Mccarter Director | 0 | $0 | |
Kenneth Poulard Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,850 |
| Total Program Service Revenue | $24,373 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$17,026 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,229 |
| 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 | $11,314 |
| Occupancy, rent, utilities, and maintenance | $52,811 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,351 |
| Total expenses | $90,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,435 |
| Other assets | $0 |
| Total assets | $12,435 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,435 |