Uptown Farmers Market
- Assets
- $119.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2023
- EIN
- 84-3692951
Organization Overview
Uptown Farmers Market is located in Charlotte, NC. According to its NTEE Classification (K20) the organization is classified as: Agricultural 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. Uptown 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 12/2023, Uptown Farmers Market generated $160.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $135.6k during the year ending 12/2023. While expenses have increased by 30.3% per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
THE THREE MAJOR PROGRAM SERVICES OF UPTOWN FARMERS MARKET INCLUDES SUPPORTING LOCAL FARMERS AND ARTISAN FOOD VENDORS BY PROVIDING A DIRECT CONSUMER MARKET, NUTRITION EDUCATION TO HELP IMPROVE AREA HEALTH, AND ADDRESSING FOOD INSECURITY. AS PART OF THOSE EFFORTS, THE MARKET IS A PRODUCER-ONLY MARKET AND SUPPORTED OVER 60 VENDORS IN 2023 AT A COST OF $54,404. THIS INCLUDES MARKETING, ADMINISTRATIVE, AND VOLUNTEER SUPPORT. ON AVERAGE, 1,750 PATRONS ACCESSED THIS LOCAL FOOD NETWORK EACH WEEK, FOR A TOTAL OF 59,000 PATRONS DURING THE FULL SEASON. NUTRITION EDUCATION IS PRIMARILY DONE THROUGH THE MARKET'S NEWSLETTER (2,100 SUBSCRIBERS), COOKING DEMONSTRATIONS, AND CHILDREN'S ACTIVITIES AT A COST OF $8,861. ADDRESSING FOOD INSECURITY BY IMPROVING ACCESS AND AFFORDABILITY IS KEY TO THE MARKET'S MISSION AND IS ACCOMPLISHED BY BEING A USDA SNAP APPROVED RETAILER AND PARTICIPATING IN THE COUNTY'S DOUBLE BUCKS PROGRAM, RUNNING A SHUTTLE PROGRAM TO TWO SENIOR APARTMENT COMMUNITIES IN NEARBY FOOD DESSERTS, AND RAISING FUNDS TO PURCHASE REMAINING PRODUCE FROM FARMERS AT THE END OF EACH MARKET TO DONATE TO ROOF ABOVE, A LOCAL NONPROFIT THAT HELPS TO HOUSE AND FEED THE HOMELESS. THE COST OF FOOD INSECURITY EFFORTS IN 2023 WERE $27,303. THE MARKET PROCESSED $75,190 IN SNAP BENEFITS FOR PURCHASE OF HEALTHY FRESH PRODUCE AT THE MARKET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Johnson President | 20 | $0 | |
Marvette Monroe Vice President | 10 | $0 | |
Gloria Medlock Vice President | 10 | $0 | |
Douglas Maxey Treasurer | 10 | $0 | |
Debbie Varn Secretary | 10 | $0 | |
Lori Brantner Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,841 |
| Total Program Service Revenue | $85,222 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,110 |
| Other Revenue | $0 |
| Total Revenue | $160,173 |
| 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 | $11,796 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $123,761 |
| Total expenses | $135,557 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,446 |
| Other assets | $0 |
| Total assets | $119,498 |
| Total liabilities | $10,893 |
| Net assets or fund balances | $108,605 |