WESTPORT FARMERS MARKET INC

EIN: 275155592 501(c)(3) Food, Agriculture & Nutrition

WESTPORT, CT

Total Revenue
$269,117
Total Expenses
$240,194
Total Assets
$291,160
Net Assets
$286,420
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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
2011
Principal Officer
BILL TAIBE
Phone
2038521099
Tax Period
2025-01-01 to 2025-12-31

WESTPORT FARMERS MARKET INC, founded in 2011, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $269K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $240K left a modest 11% surplus.

Mission

TO CREATE AND MAINTAIN A YEAR ROUND REGIONAL HUB WHERE LOCAL FARMERS CONNECT WITH REAL PEOPLE OVER REAL FOOD. IN FACILITATING THIS "CONVERSATION" THE WESTPORT FARMERS MARKET HOPES TO HELP PRODUCERS AND CONSUMERS FORGE LASTING RELATIONSHIPS THAT CELEBRATE LOCAL DELICIOUS SUSTAINABLE FOOD. TO ENCOURAGE LOCAL FARM PRODUCTION AND MAKE A MARKET FOR THEIR FARM PRODUCTS.

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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 $159,851
Program Service Revenue $107,732
Investment Income $1,534
Other Revenue $0
TOTAL REVENUE $269,117

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,078
Fundraising Expenses $5,897
Program Expenses $216,767
Other Expenses $152,116
TOTAL EXPENSES $240,194

Year-over-Year Comparison

2025 2024 Change
Revenue $269,117 $220,682 +0.2%
Expenses $240,194 $191,182 +0.3%
Net Income $28,923 $29,500 0.0%
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
8
Independent Members
7
Employees
1
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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA BENGSTON DIRECTOR N/A
Director
$0 $0 $0
ANNE BURMEISTER DIRECTOR N/A
Director
$0 $0 $0
GINA CARLOTO DIRECTOR N/A
Director
$0 $0 $0
RYAN FIBIGER DIRECTOR N/A
Director
$0 $0 $0
CECILY GANS DIRECTOR N/A
Director
$0 $0 $0
LAUREN KRETER DIRECTOR N/A
Director
$0 $0 $0
FRANK MARRONE DIRECTOR N/A
Director
$0 $0 $0
RACHEL SPINA DIRECTOR N/A
Director
$0 $0 $0
BILL TAIBE DIRECTOR N/A
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 $269,117 $240,194 $291,160 $28,923
2024 $220,682 $191,182 $257,884 $29,500
2023 $198,024 $178,350 $229,740 $19,674
2022 $210,229 $147,105 $209,864 $63,124
2021 $239,174 $184,171 $146,728 $55,003
2020 $112,357 $129,635 $76,518 $-17,278
2019 $170,213 $140,764 $93,808 $29,449
2018 $120,693 $134,169 $63,967 $-13,476
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