LOCAL FOOD HUB INC (EIN 264137130) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

DR MARCUS COMER

Phone

4342440625

Tax Period

2024-01-01 to 2024-12-31

LOCAL FOOD HUB INC, founded in 2009, is a small nonprofit that reported $834K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $729K left a modest 13% surplus.

Mission

PARTNERING WITH VIRGINIA FARMERS TO INCREASE COMMUNITY ACCESS TO LOCAL FOOD

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $367,105

Program Service Revenue $47,584

Investment Income $20,009

Other Revenue $0

TOTAL REVENUE $434,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,146

Fundraising Expenses $48,723

Program Expenses $664,514

Other Expenses $1,002,099

TOTAL EXPENSES $1,174,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$434,698	$955,583	-0.5%
Expenses	$1,174,245	$1,140,318	+0.0%
Net Income	$-739,547	$-184,735	+3.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$87,571

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BLACKBURN	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN BYRD	DIRECTOR	2.00	Director	$0	$0	$0
DR MARCUS COMER	CHAIR	2.00	Officer Director	$0	$0	$0
GORDON WALKER	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELE GIBSON	DIRECTOR	2.00	Director	$0	$0	$0
ALEX LONDON-GROSS	DIRECTOR	2.00	Director	$0	$0	$0
KAMISHA SPENCER	DIRECTOR	2.00	Director	$0	$0	$0
SARA CRUZ	DIRECTOR	2.00	Director	$0	$0	$0
SARAH HEID	DIRECTOR	2.00	Director	$0	$0	$0
MARCIE MARTINEZ	DIRECTOR	2.00	Director	$0	$0	$0
AMANDEEP RATTE	DIRECTOR	2.00	Director	$0	$0	$0
LARYSSA SMITH	EXECUTIVE DIRECTOR/SECRETA	40.00	Officer	$85,540	$2,031	$87,571

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	$434,698	$1,174,245	No data	$-739,547
2023	$955,583	$1,140,318	$816,009	$-184,735
2022	$948,043	$990,841	$1,022,906	$-42,798
2021	$1,343,163	$1,173,403	$1,060,886	$169,760
2020	$1,714,104	$1,575,424	$891,493	$138,680
2019	$861,164	$430,435	$734,907	$430,729
2018	$834,418	$728,788	$408,531	$105,630

LOCAL FOOD HUB INC