FONDY FOOD CENTER INC

EIN: 311751969 501(c)(3) Food, Agriculture & Nutrition

MILWAUKEE, WI

Total Revenue
$688,629
Total Expenses
$652,427
Total Assets
$792,025
Net Assets
$685,925
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
WI
Principal Officer
STEPHEN PETRO
Phone
2629390733
Tax Period
2023-11-01 to 2024-10-31

FONDY FOOD CENTER INC, founded in 2000, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $689K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $652K left a modest 5% surplus.

Mission

HE FONDY FOOD CENTER CONNECTS GREATER MILWAUKEE TO LOCAL, FRESH FOOD- FROM FARM TO MARKET TO TABLE - SO THAT CHILDREN LEARN BETTER, ADULTS LIVE HEALTHIER, AND COMMUNITIES CELEBRATE CULTURAL FOOD TRADITIONS.

Program Service Accomplishments

Program 1
Expenses: $386,401 Revenue: $73,182

FONDY INCREASES ACCESS TO HEALTHY, LOCAL FOOD AND ECONOMIC OPPORTUNITY ACROSS GREATER MILWAUKEE BY OPERATING LOCAL FARMERS MARKETS THROUGHOUT THE YEAR; PROVIDING ACCESS TO LAND, RESOURCES AND SUPPORT...

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FONDY INCREASES ACCESS TO HEALTHY, LOCAL FOOD AND ECONOMIC OPPORTUNITY ACROSS GREATER MILWAUKEE BY OPERATING LOCAL FARMERS MARKETS THROUGHOUT THE YEAR; PROVIDING ACCESS TO LAND, RESOURCES AND SUPPORT TO SMALL-SCALE FARMERS; AND BUILDING A BETTER FOOD SYSTEM TO IMPROVE FOOD SECURITY & FOOD JUSTICE IN OUR COMMUNITY. THE NON-PROFIT ORGANIZATION WAS CREATED IN 2000 ON MILWAUKEES NORTH SIDE AS A RESPONSE TO FOOD SECURITY & SYSTEM ASSESSMENTS THAT IDENTIFIED A HIGH CONCENTRATION OF HUNGER, POVERTY, AND DEPENDENCE ON EMERGENCY FOOD PANTRIES IN THE AREA - AND THE KEY ROLE THAT THE STRUGGLING FONDY FARMERS MARKET PLAYED. THE CITY OF MILWAUKEE STARTED THE MARKET IN 1917 AND MANAGED OPERATIONS UNTIL THE BUDGET WAS CUT IN THE 1980S. FARMERS STRUGGLED TO KEEP THE MARKET GOING UNTIL FONDY WAS CREATED WITH THE EXPLICIT MANDATE TO ENSURE THE SUPPLY OF FRESH, LOCALLY GROWN FOOD TO THE NEIGHBORHOOD. THIS MARKET IMPROVES PUBLIC HEALTH, STRENGTHENS THE LOCAL ECONOMY, PROTECTS THE ENVIRONMENT, AND SERVES AS A COMMUNITY GATHERING SPACE. OVER THE PAST DECADE, FONDY HAS GROWN FROM ONE FARMERS MARKET TO AN ORGANIZATION CREATING STRATEGIC FOOD SYSTEMS CHANGE WITH MULTI-SECTOR PARTNERS. FONDY NOW OPERATES TWO MARKETS -FONDY FARMERS MARKET AND MILWAUKEE WINTER FARMERS MARKET - THAT SUPPORTED OVER A HUNDRED VENDORS AND THOUSANDS OF SHOPPERS IN 2021. IN 2010, FONDY STARTED THE FONDY FARM PROJECT, WHICH SUPPORTS LOW-RESOURCE FARMERS WITH ACCESS TO THE LAND, RESOURCES, AND SUPPORT THEY NEED TO OPERATE A SUCCESSFUL BUSINESS. AND IN 2015, IN ORDER TO EXPAND THE AGENCYS PUBLIC HEALTH IMPACT, FONDY LAUNCHED THE MILWAUKEE FARMERS MARKET COALITION - A CITY-WIDE HEALTHY, LOCAL FOOD ACCESS INITIATIVE THAT CONNECTS MORE LOW-INCOME CONSUMERS TO MORE MILWAUKEE AREA FARMERS MARKETS. IN 2017 FONDY PARTNERED WITH THE CITY OF MILWAUKEE TO BUILD A NEW ECO PARK AND COMMUNITY GATHERING SPACE NEXT TO THE FONDY FARMERS MARKET.THE FONDY FARMERS MARKET (FFM): FFM IS MILWAUKEES LARGEST AND MOST DIVERSE FARMERS MARKET AND THE SPRINGBOARD FOR THE AGENCYS HEALTHY FOOD EFFORTS. IT IS A NATIONAL LEADER IN CONNECTING WITH LOW- INCOME AND DIVERSE CONSUMERS, AND IS THE STATE LEADER IN FARMERS MARKET SNAP REDEMPTION AND NUTRITION INCENTIVE PROGRAMS. THE FFMS OPEN AIR MARKET CREATES SPACE FOR THE COMMUNITY-SHOPPERS OF ALL AGES, ORGANIZATION REPRESENTATIVES, ARTISTS, AND PERFORMERS-TO CONNECT WITH EACH OTHER AND THE MORE THAN 40 PRODUCERS WHICH SELL AT THE MARKET FROM JUNE THROUGH NOVEMBER. TENS OF THOUSANDS OF SHOPPERS VISIT THE MARKET EACH YEAR-PRIMARILY DRAWING FROM THE MILWAUKEES NORTH SIDE. THE MARKET HAS LONG BEEN RECOGNIZED AS A KEY COMMUNITY GATHERING SPACE AND THE NEW FONDY PARK GREATLY EXPANDS THAT ROLE. THE MILWAUKEE WINTER FARMERS MARKET (MWFM): THE MWFM IS THE PREMIER WINTER FARMERS MARKET IN THE REGION. ITS LONGTIME MISSION IS TO PROMOTE LOCAL, SUSTAINABLE AGRICULTURE; INCREASE ECONOMIC OPPORTUNITIES FOR SMALL FAMILY FARMS AND INNOVATIVE FOOD BUSINESSES; PROVIDE EQUITABLE ACCESS TO WHOLESOME FOOD; AND BUILD A VIBRANT GATHERING PLACE FOR METRO MILWAUKEE RESIDENTS AND VISITORS. FONDY FOOD CENTER TOOK OVER STEWARDSHIP OF THIS MARKET IN THE FALL OF 2015.

Program 2
Expenses: $92,268 Revenue: $7,647

THE FONDY FARM PROJECT (FFP): THE FFP WAS ESTABLISHED IN 2010, WHEN STAFF REALIZED THAT FONDY FARMERS MARKETS PRIMARILY LOW INCOME, HMONG AMERICAN FARMERS WERE DROPPING OUT OF FARMING DUE TO NUMEROUS...

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THE FONDY FARM PROJECT (FFP): THE FFP WAS ESTABLISHED IN 2010, WHEN STAFF REALIZED THAT FONDY FARMERS MARKETS PRIMARILY LOW INCOME, HMONG AMERICAN FARMERS WERE DROPPING OUT OF FARMING DUE TO NUMEROUS CHALLENGES. THE FFP OFFERS AFFORDABLE, LONG-TERM LEASES ON QUALITY LAND PLUS THE AMENITIES NEEDED TO SUCCEED, SUCH AS IRRIGATION, GREENHOUSES, TRACTORS, AS WELL AS TECHNICAL TRAINING AND BUSINESS ASSISTANCE FROM THE FONDY FARM DIRECTOR. IN 2017, RESPONDING TO INCREASED DEMAND FOR FARMLAND, AND LAND CLOSER TO THE CITY OF MILWAUKEE WHERE MOST OF OUR FARMERS LIVE, FONDY MOVED ITS FARM TO THE MEQUON NATURE PRESERVE (MNP) AND INCREASED THE NUMBER OF FARMERS INVOLVED IN THE PROJECT TO OVER 20. THE FFP IS ALSO ENGAGED IN INNOVATIVE PARTNERSHIPS TO EXPLORE LAND SOVEREIGNTY FOR SOCIALLY DISADVANTAGED FARMERS, WITH A GOAL OF CONNECTING SMALL SCALE FARMERS TO LAND WHILE PRESERVING FARMLAND FOR FUTURE GENERATIONS, AND UTILIZING SUSTAINABLE FARMING TECHNIQUES TO IMPROVE WATER QUALITY IN THE MILWAUKEE RIVER WATERSHED.

Program 3
Expenses: $4,835 Revenue: $0

PUBLIC HEALTH ADVOCACY - LED BY THE ORGANIZATION, THE MILWAUKEE FARMERS MARKET COALITION PARTNERS ARE WORKING TOGETHER TO BUILD A HEALTHIER AND MORE EQUITABLE FOOD SYSTEM ACROSS MILWAUKEE. THIS...

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PUBLIC HEALTH ADVOCACY - LED BY THE ORGANIZATION, THE MILWAUKEE FARMERS MARKET COALITION PARTNERS ARE WORKING TOGETHER TO BUILD A HEALTHIER AND MORE EQUITABLE FOOD SYSTEM ACROSS MILWAUKEE. THIS CITY-WIDE HEALTHY FOOD ACCESS INITIATIVE CONVENES FARMERS MARKETS, HEALTHCARE ORGANIZATIONS, GOVERNMENT AGENCIES, HUNGER RELIEF ORGANIZATIONS AND OTHER ORGANIZATIONS IN ORDER TO INCREASE ACCESS TO, AND UTILIZATION OF, FARMERS MARKETS BY LOW INCOME CONSUMERS. THIS WORK IS INCREASING PRODUCE INTAKE WITHIN MILWAUKEE AREA COMMUNITIES WHILE STRENGTHENING THE LOCAL ECONOMY THROUGH TECHNICAL ASSISTANCE, TRAINING, AND JOINT MARKETING EFFORTS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $603,059
Program Service Revenue $80,829
Investment Income $260
Other Revenue $4,481
TOTAL REVENUE $688,629

Expense Breakdown

Grants Paid $210,993
Salaries & Benefits $166,164
Fundraising Expenses $39,626
Program Expenses $483,504
Other Expenses $275,270
TOTAL EXPENSES $652,427

Year-over-Year Comparison

2023 2022 Change
Revenue $688,629 $631,742 +0.1%
Expenses $652,427 $520,115 +0.3%
Net Income $36,202 $111,627 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
9
Volunteers
50

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
$83,205
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VENICE WILLIAMS EXECUTIVE DIRECTOR 20.00
Officer
$30,500 $0 $30,500
STEPHEN PETRO FARM DIRECTOR AND COO 40.00
Officer
$52,705 $0 $52,705
HEATHER DEATON PRESIDENT, TREASURER 6.00
Officer Director
$0 $0 $0
MARTHA DAVIS-KIPCAK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KELLY LUCEY QUADRACCI SECRETARY 1.00
Officer Director
$0 $0 $0
CHRIS CARR DIRECTOR 1.00
Director
$0 $0 $0
NATALIE FLUKER DIRECTOR 1.00
Director
$0 $0 $0
MONTRE MOORE ROTATED OFF BOARD 09/24 1.00
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
2024 $688,629 $652,427 $792,025 $36,202
2023 $631,742 $520,115 $640,948 $111,627
2022 $485,245 $507,573 $599,567 $-22,328
2021 $496,291 $501,261 $490,440 $-4,970
2020 $456,716 $451,468 $505,476 $5,248
2019 $435,341 $405,289 $475,134 $30,052
2018 $353,404 $455,146 $437,854 $-101,742
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