Farmers Market Of Hernando
- Assets
- $47.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hernando, MS
- Founding
- 05/2018
- Data as of
- 10/2024
- EIN
- 82-4614775
Organization Overview
Farmers Market Of Hernando is located in Hernando, MS. The organization was established in 2018. According to its NTEE Classification (K01) the organization is classified as: Alliances & Advocacy, 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 Of Hernando 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 10/2024, Farmers Market Of Hernando generated $116.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $136.4k during the year ending 10/2024. While expenses have increased by 18.7% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
OPERATE FARMERS MARKET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gia Matheny Director/pre | 15 | $5,334 | |
Rebecca Beard Treasurer | 1 | $0 | |
Jessica Sibley Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,119 |
| Total Program Service Revenue | $84,354 |
| Membership dues | $0 |
| Investment income | $617 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,061 |
| Total Revenue | $116,151 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,334 |
| Professional fees and other payments to independent contractors | $15,143 |
| Occupancy, rent, utilities, and maintenance | $523 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $115,361 |
| Total expenses | $136,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,990 |
| Other assets | $0 |
| Total assets | $46,990 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,990 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thought For Food Foundation Birmingham, AL | $236,698 | $1,160,250 |
New Orleans Food Policy Advisory Committee New Orleans, LA | $115,533 | $417,093 |
Tennessee Corn Promotion Council Inc Dresden, TN | $88,206 | $353,872 |
Jackson-West Tennessee Coc Inc Paris, TN | $24,174 | $293,899 |
Farmers Market Of Hernando Hernando, MS | $46,990 | $0 |
Mississippi Aerial Applicators Association Inc Greenwood, MS | $462,344 | $0 |
Farmvoice Inc Marion, AR | $16,274 | $0 |
Tennessee Local Food Summit Nashville, TN | $21,328 | $0 |