SANTA FE FARMERS MARKET INSTITUTE

EIN: 300124953 501(c)(3) Food, Agriculture & Nutrition

SANTA FE, NM

Total Revenue
$903,180
Total Expenses
$911,109
Total Assets
$4,152,771
Net Assets
$2,751,836
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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
2002
Legal Domicile
NM
Principal Officer
ROBERT JONES
Phone
5059837726
Tax Period
2024-01-01 to 2024-12-31

SANTA FE FARMERS MARKET INSTITUTE, founded in 2002, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $903K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. Net assets of $2.8M represent 37 months of operating reserves.

Mission

TO ADVOCATE FOR FARMERS, RANCHERS AND OTHER LAND-BASED PRODUCERS; PROVIDE EQUITABLE ACCESS TO FRESH, LOCAL FOOD; OWN AND OPERATE A YEAR-ROUND VENUE FOR THE SANTA FE FARMERS' MARKET; AND MANAGE PROGRAMS TO HELP SUSTAIN A PROFITABLE, LOCALLY-BASED AGRICULTURAL 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 (2024)

Revenue Breakdown

Contributions & Grants $807,909
Program Service Revenue $0
Investment Income $11,159
Other Revenue $84,112
TOTAL REVENUE $903,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $422,020
Fundraising Expenses $164,177
Program Expenses $495,689
Other Expenses $489,089
TOTAL EXPENSES $911,109

Year-over-Year Comparison

2024 2023 Change
Revenue $903,180 $556,614 +0.6%
Expenses $911,109 $875,218 +0.0%
Net Income $-7,929 $-318,604 -1.0%
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
11
Independent Members
11
Employees
14
Volunteers
12

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
5
$97,773
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT JONES CHAIR 4.00
Officer Director
$0 $0 $0
KAITLYN KIMZEY SECRATARY 1.00
Officer Director
$0 $0 $0
CHRIS CASTRO VICE-CHAIR 2.00
Officer Director
$0 $0 $0
DAVID LOEB TREASURER 2.00
Officer Director
$0 $0 $0
LUTZ ARNOLD DIRECTOR 1.00
Director
$0 $0 $0
NED CONWELL FARMER DIREC 1.00
Director
$0 $0 $0
NATHANIEL EARLS DIRECTOR 1.00
Director
$0 $0 $0
MICAELA FISCHER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
JACKIE MUNRO DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN VOSBURGH DIRECTOR 1.00
Director
$0 $0 $0
ADAN MANNY ENCINIAS EXECUTIVE DI 40.00
Officer
$90,721 $7,052 $97,773
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 $903,180 $911,109 $4,152,771 $-7,929
2023 $556,614 $875,218 $4,126,804 $-318,604
2021 $429,298 $573,563 $3,925,501 $-144,265
2020 $780,541 $487,534 $4,015,508 $293,007
2019 $338,026 $623,203 $3,558,025 $-285,177
2018 $570,351 $678,339 $3,757,052 $-107,988
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