HARVEST HOME FARMER'S MARKET INC

EIN: 061800512 501(c)(3) Food, Agriculture & Nutrition

NEW YORK, NY

Total Revenue
$1,093,015
Total Expenses
$1,029,461
Total Assets
$382,030
Net Assets
$49,313
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
MARITZA OWENS
Phone
2128283361
Tax Period
2023-01-01 to 2023-12-31

HARVEST HOME FARMER'S MARKET INC, founded in 1993, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.0M left a modest 6% surplus.

Mission

The organization is dedicated to increasing access to local farm-fresh produce, educating the public about health and nutrition and supporting regional agriculture.

Program Service Accomplishments

Program 1
Expenses: $451,918 Revenue: $109,235

Farmers Markets - For the first time in over 10 years, we opened a new farmers market on Eastern Parkway between Utica and Rochester Avenue, supported by Council Member Mealy. This addition brings...

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Farmers Markets - For the first time in over 10 years, we opened a new farmers market on Eastern Parkway between Utica and Rochester Avenue, supported by Council Member Mealy. This addition brings our total number of markets to 14. These markets have significantly increased the buying power of low-income NYC residents, allowing them to purchase over a quarter million dollars ($261,370) worth of fresh produce through various consumer payment options, including Supplemental Nutrition Assistance Program (SNAP/EBT) dollars, Farmers Market Nutrition Program (FMNP) coupons, Women, Infant & Children (WIC) coupons, NYC Department of Health and Mental Hygiene (NYCDOHMH) Health Bucks, and our USDA-funded Healthy Senior Healthy Shoppers (H2S2) program.

Program 2
Expenses: $362,740 Revenue: $0

Healthy Eating/Living - Despite the loss of a major grant that supported our cooking demonstrations in 2023, we successfully scaled back the program and still managed to serve nearly 20,000...

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Healthy Eating/Living - Despite the loss of a major grant that supported our cooking demonstrations in 2023, we successfully scaled back the program and still managed to serve nearly 20,000 customers, generating $19,542. Harvest Homes coupon and voucher programs continue to achieve several far-reaching goals and outcomes: Increased Fresh Produce Purchases: Low-income customers who receive public assistance benefits doubled the amount of fresh produce they purchased at our farmers markets. Our customers received over $109,000 in Health Bucks ($94,468) and Healthy Senior Healthy Shopper ($15,000) incentives to purchase fruits and vegetables at our markets. Support for Farmers and Vendors: Farmers and vendors from the New York region, who faced significant economic losses due to pandemic-related closures of their most reliable income sources (restaurants, schools, and hospital cafeterias), were able to offset some of these losses with the redemption of coupons and vouchers, totaling $264,656 in nutrition activities. Farm-to-City (FTC) Program: Farmers participating in our FTC program received over $70,000 in support to cover costs such as fuel, tolls, labor, seeds, equipment, and market fees. This program has been a crucial financial resource for BIPOC family-owned farms, enabling Harvest Home to expand participation and diversify product offerings at our markets. Food Talk Newsletter: Additionally, our Food Talk newsletter reached more than 25,000 readers, providing quick, low-cost, seasonally based recipes and nutrition information.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $983,780
Program Service Revenue $109,235
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,093,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $579,451
Fundraising Expenses $0
Program Expenses $814,658
Other Expenses $450,010
TOTAL EXPENSES $1,029,461

Year-over-Year Comparison

2023 2022 Change
Revenue $1,093,015 $1,044,140 +0.0%
Expenses $1,029,461 $1,054,543 0.0%
Net Income $63,554 $-10,403 -7.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
25
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$135,083
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK G HOLDER ACTING BOARD CHAIR 1.00
Director
$0 $0 $0
SYDNEY MARY WARD SECRETARY 1.00
Director
$0 $0 $0
NADIRAH CHESTNUT BOARD MEMBER 1.00
Director
$0 $0 $0
MARITZA OWENS EXEC. DIRECTOR 21.00
Officer
$135,083 $0 $135,083
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,093,015 $1,029,461 $382,030 $63,554
2022 $1,044,140 $1,054,543 $371,800 $-10,403
2021 $802,253 $800,028 $257,231 $2,225
2020 $708,540 $714,446 $228,129 $-5,906
2019 $549,835 $593,848 $135,384 $-44,013
2018 $809,210 $805,417 $229,140 $3,793
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