FARMERS' MARKET FEDERATION OF NEW YORK INC (EIN 161563537) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

STEPHEN RIDLER

Phone

3154001449

Tax Period

2024-07-01 to 2025-06-30

FARMERS' MARKET FEDERATION OF NEW YORK INC, founded in 1999, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $653K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $405K, a strong 62% operating margin.

Mission

TO SUPPORT AND PROMOTE THE VIABILITY OF FARMERS MARKETS THROUGH INNOVATIVE SERVICES, PROGRAMS AND PARTNERSHIPS THAT MAXIMIZE THE BENEFITS OF MARKETS TO SELLERS, BUYERS AND COMMUNITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $183,859

Program Service Revenue $455,785

Investment Income $13,579

Other Revenue $0

TOTAL REVENUE $653,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $142,136

Fundraising Expenses $7,107

Program Expenses $173,482

Other Expenses $105,982

TOTAL EXPENSES $248,118

Year-over-Year Comparison

	2024	2023	Change
Revenue	$653,223	$816,178	-0.2%
Expenses	$248,118	$360,218	-0.3%
Net Income	$405,105	$455,960	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN RIDLER	PRESIDENT	2.00	Officer Director	$0	$0	$0
CARLENE DOANE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KELLY SAUVE	SECRETARY	2.00	Officer Director	$0	$0	$0
DACOTAH ROUSSEAU	TREASURER	2.00	Officer Director	$0	$0	$0
SCOTT COLBY	BOARD MEMBER	1.00	Director	$0	$0	$0
JACK RIFFLE	EXECUTIVE DIRECTOR	40.00	Key Emp	$0	$0	$0
MATT LEROUX	BOARD MEMBER	1.00	Director	$0	$0	$0
TUTU BADARU	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MYERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JACKIE FARRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNELIESE BRUEGEL	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA BARTOLOMEO	BOARD MEMBER	1.00	Director	$0	$0	$0
SOPHIE GRANT	BOARD MEMBER	1.00	Director	$0	$0	$0

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
2025	$653,223	$248,118	$2,827,197	$405,105
2024	$816,178	$360,218	$3,085,249	$455,960
2023	$865,093	$371,172	$2,162,627	$493,921
2022	$609,417	$357,273	$1,615,434	$252,144
2021	$483,451	$332,107	$1,424,136	$151,344
2020	$392,897	$318,302	$1,171,549	$74,595

FARMERS' MARKET FEDERATION OF NEW YORK INC