GRAND RAPIDS FARMERS MARKET

EIN: 274848701

PALISADE, MN

Total Revenue
$202,425
Total Expenses
$179,169
Total Assets
$38,058
Net Assets
$28,948
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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
2010
Legal Domicile
MN
Principal Officer
Hannah Harling
Phone
2186700066
Tax Period
2025-01-01 to 2025-12-31

GRAND RAPIDS FARMERS MARKET, founded in 2010, is a small nonprofit that reported $202K in total revenue in fiscal year 2025. Expenses of $179K left a modest 11% surplus.

Mission

Grand Rapids Farmers Market organizes and facilitates a twice-weekly market venue for local farmers. We educate the public on the value of local foods. We provide the necessary space and equipment so farmers can sell to consumers using all forms of payment. We administer food access programs including matching dollars to SNAP benefits.

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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 $134,116
Program Service Revenue $68,309
Investment Income $0
Other Revenue $0
TOTAL REVENUE $202,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,676
Fundraising Expenses $0
Program Expenses $179,169
Other Expenses $146,493
TOTAL EXPENSES $179,169

Year-over-Year Comparison

2025 2024 Change
Revenue $202,425 $211,167 0.0%
Expenses $179,169 $218,207 -0.2%
Net Income $23,256 $-7,040 -4.3%
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
6
Independent Members
6
Employees
4
Volunteers
5

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
6
$4,741
Total Directors
0
$0
Key Employees
4
$30,138
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
W DOWELL AGGREGATION MANAGER 11.3
Key Emp Highest
$14,949 $0 $14,949
SALLY NIEMI MKT MGR 20
Key Emp
$5,856 $0 $5,856
K LORENTZEN TRES 20
Officer Key Emp
$4,741 $0 $4,741
V CHRISTIANSEN STAFF 12
Key Emp
$4,592 $0 $4,592
J JEWETT At large 0
Officer
$0 $0 $0
H HARLING PRES 0
Officer
$0 $0 $0
R NEWMAN SECTY 0
Officer
$0 $0 $0
Kim Howard Vice President 0
Officer
$0 $0 $0
Colleen Bishop At large 0
Officer
$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 $202,425 $179,169 $38,058 $23,256
2024 No data No data No data No data
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