HISTORIC LEWES FARMERS MARKET SOCIETY INC

EIN: 204131598 501(c)(3) Education

NASSAU, DE

Total Revenue
$537,604
Total Expenses
$563,523
Total Assets
$491,965
Net Assets
$483,141
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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
2007
Legal Domicile
DE
Principal Officer
HELAINE HARRIS
Phone
3026441436
Tax Period
2025-01-01 to 2025-12-31

HISTORIC LEWES FARMERS MARKET SOCIETY INC, founded in 2007, is a small nonprofit in the Education sector that reported $538K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year.

Mission

THE HLFM IS A NONPROFIT ORGANIZATION COMMITTED TO NURTURING A VIBRANT LOCAL FOOD SYSTEM IN DELMARVA THAT IS SUSTAINABLE AND SOCIALLY RESPONSIBLE. WE BRING TOGETHER OUR COMMUNITY AND FARMERS THAT GROW OUR FOOD. WE BUILD DELIVERY NETWORKS THAT CONNECT LOCAL GROWERS TO THE COMMUNITY THROUGH OUR PRODUCER-ONLY FARMERS MARKETS AND OTHER FOOD ACCESS PROGRAMS. WE FOCUS ON EMPOWERING EMERGING FARMERS AND EDUCATING OUR COMMUNITY ON THE IMPORTANCE OF PRESERVING LOCAL FARMLAND. OUR GOAL IS AN EQUITABLE DISTRIBUTION SYSTEM THAT INCREASES HEALTHY FOOD ACCESS, REDUCES FOOD WASTE, AND BENEFITS OUR ENTIRE COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $341,191
Program Service Revenue $131,416
Investment Income $17,959
Other Revenue $47,038
TOTAL REVENUE $537,604

Expense Breakdown

Grants Paid $3,060
Salaries & Benefits $190,616
Fundraising Expenses $46,264
Program Expenses $474,232
Other Expenses $369,847
TOTAL EXPENSES $563,523

Year-over-Year Comparison

2025 2024 Change
Revenue $537,604 $626,907 -0.1%
Expenses $563,523 $607,412 -0.1%
Net Income $-25,919 $19,495 -2.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
8
Volunteers
165

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
4
$0
Total Directors
7
$30,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEWIS DAWLEY BOARD MEMBER 4.00
Director
$15,950 $0 $15,950
SHARON DARDINE BOARD MEMBER 20.00
Director
$15,000 $0 $15,000
JESSICA CHARTERS SECRETARY 10.00
Officer Director
$0 $0 $0
HELAINE HARRIS PRESIDENT 30.00
Officer Director
$0 $0 $0
JOANNE MELORO VP 4.00
Officer Director
$0 $0 $0
MARTY ROSENSWEIG BOARD MEMBER 5.00
Director
$0 $0 $0
CHRISTINA SAMSON TREASURER 6.00
Officer 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 $537,604 $563,523 $491,965 $-25,919
2024 $626,907 $607,412 $521,948 $19,495
2023 $707,806 $459,398 $496,485 $248,408
2022 $250,311 $188,067 $244,390 $62,244
2021 $221,095 $145,841 $179,318 $75,254
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