CITY MARKET INC

EIN: 320519165 501(c)(3)

BAY CITY, MI

Total Revenue
$954,437
Total Expenses
$985,305
Total Assets
N/A
Net Assets
N/A
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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
2017
Legal Domicile
MI
Principal Officer
RODNEY HILDEBRANT
Phone
9894027963
Tax Period
2021-01-01 to 2021-12-31

CITY MARKET INC, founded in 2017, is a small nonprofit that reported $954K in total revenue in fiscal year 2021. Revenue surged 269% from the prior year, signaling strong growth momentum.

Mission

CITY MARKET AIMS ITS FOCUS ON BRINGING LOCAL, FARM FRESH, HEALTHY OPTIONS TO THE COMMUNITY; THUS ADDRESSING THE "FOOD DESERT- OR NON-EXISTENCE OF FRESH QUALITY GROCERY AND PRODUCE IN DOWNTOWN BAY CITY

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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 (2021)

Revenue Breakdown

Contributions & Grants $56
Program Service Revenue $954,381
Investment Income $0
Other Revenue $0
TOTAL REVENUE $954,437

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,941
Fundraising Expenses $0
Program Expenses $985,305
Other Expenses $877,364
TOTAL EXPENSES $985,305

Year-over-Year Comparison

2021 2020 Change
Revenue $954,437 $258,379 +2.7%
Expenses $985,305 $252,324 +2.9%
Net Income $-30,868 $6,055 -6.1%
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
3
Independent Members
3
Employees
4
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODNEY HILDEBRANT PRESIDENT /S N/A
Officer Director
$0 $0 $0
MATTHEW MEEHAN V PRES./TREA N/A
Officer 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
2021 $954,437 $985,305 No data $-30,868
2020 $258,379 $252,324 $674,268 $6,055
2019 $739,095 $358,306 $280,792 $380,789
2018 $155,184 $343,408 $187,757 $-188,224
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