THE FRESHFARM MARKETS INC

EIN: 352169859 501(c)(3) Food, Agriculture & Nutrition

WASHINGTON, DC

Total Revenue
$10,329,016
Total Expenses
$10,236,070
Total Assets
$3,169,262
Net Assets
$2,399,236
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
DC
Principal Officer
HUGO MOGOLLON
Phone
2023917353
Tax Period
2023-01-01 to 2023-12-31

THE FRESHFARM MARKETS INC, founded in 2002, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $10.3M in total revenue in fiscal year 2023.

Mission

FRESHFARM MARKETS, INC. IS A WASHINGTON D.C.-BASED NONPROFIT ORGANIZATION THAT BUILDS A MORE EQUITABLE, SUSTAINABLE, AND RESILIENT FOOD SYSTEM IN THE MID-ATLANTIC REGION BY PRODUCING INNOVATIVE SOLUTIONS IN PARTNERSHIP WITH LOCAL COMMUNITIES AND ORGANIZATIONS. WE CREATE FOOD ACCESS, ECONOMIC DEVELOPMENT, AND THRIVING COMMUNITIES THROUGH HANDS-ON EDUCATION, FARMERS MARKETS, AND FOOD DISTRIBUTION PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $3,497,639 Revenue: $0

FOODPRINTS - THIS SIGNATURE FOOD EDUCATION PROGRAM AIMS TO MAKE POSITIVE CHANGES IN WHAT CHILDREN AND THEIR FAMILIES EAT THROUGH ENGAGING, ACADEMICALLY ALIGNED, HANDS-ON CULINARY AND GARDEN...

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FOODPRINTS - THIS SIGNATURE FOOD EDUCATION PROGRAM AIMS TO MAKE POSITIVE CHANGES IN WHAT CHILDREN AND THEIR FAMILIES EAT THROUGH ENGAGING, ACADEMICALLY ALIGNED, HANDS-ON CULINARY AND GARDEN EDUCATION. THE PROGRAM CURRENTLY LEADS PROGRAMMING IN TWENTY-ONE (21) WASHINGTON D.C. PUBLIC SCHOOLS AND SEVERAL EARLY CHILDCARE CENTERS, WITH THE MAJORITY IN UNDERSERVED AREAS OF THE CITY - REACHING OVER 8.000 ELEMENTARY SCHOOL STUDENTS AND MORE THAN THREE HUNDRED (300) CHILDCARE FAMILIES. THROUGH FOODPRINTS, STUDENTS AND THEIR FAMILIES LEARN TO GROW, COOK, AND ENJOY FRESH, LOCAL, WHOLE FOODS. FOODPRINTS TEACHERS BRING MATH, SCIENCE, AND SOCIAL STUDIES TO LIFE, AIMING TO IMPROVE THE SHORT AND LONG-TERM HEALTH OF OUR BODIES AND OUR ENVIRONMENT.

Program 2
Expenses: $2,133,006 Revenue: $2,367,010

FARMERS MARKETS - THIS PROGRAM PROMOTES SUSTAINABLE AGRICULTURE AND IMPROVES FOOD ACCESS AND EQUITY IN THE MID-ATLANTIC REGION. OPERATING PRODUCER-ONLY FARMERS MARKETS AND FARM STANDS CREATE ECONOMIC...

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FARMERS MARKETS - THIS PROGRAM PROMOTES SUSTAINABLE AGRICULTURE AND IMPROVES FOOD ACCESS AND EQUITY IN THE MID-ATLANTIC REGION. OPERATING PRODUCER-ONLY FARMERS MARKETS AND FARM STANDS CREATE ECONOMIC OPPORTUNITIES FOR FARMERS AND LOCAL BUSINESSES, FUEL LOCAL ECONOMIES, SERVE AS PLACEMAKERS AND COMMUNITY GATHERING SPOTS, AND PROVIDE VITAL FOOD ACCESS POINTS AVAILABLE TO ALL. FRESHFARM MARKETS, INC. IS THE LARGEST NETWORK OF PRODUCER-ONLY FARMERS MARKETS AND FARM STANDS IN THE WASHINGTON D.C. AREA. THE MARKETS HOST A DIVERSE RANGE OF FOOD PRODUCERS FROM FOUR STATES (MD, PA, VA, AND WV) AND WASHINGTON D.C., INCLUDING OVER 260 FARMERS, RANCHERS, AND FOOD ENTREPRENEURS WHO EITHER GROW, RAISE, AND/OR PRODUCE EVERY PRODUCT THAT THEY SELL. FRESHFARM MARKETS, INC. ACTIVELY SEEKS PRODUCERS USING SUSTAINABLE PRACTICES AND VISITS EACH APPLICANT'S PRODUCTION SITE TO VERIFY PRODUCTION METHODS.

Program 3
Expenses: $2,060,175 Revenue: $0

INCENTIVES - OUR SUITE OF NUTRITION INCENTIVE PROGRAMS INCLUDE FRESHMATCH AND PRODUCE PLUS. FRESHMATCH PROVIDES A DOLLAR-FOR-DOLLAR MATCH ON FEDERAL BENEFITS SPENT AT THE MARKET, THEREBY HELPING...

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INCENTIVES - OUR SUITE OF NUTRITION INCENTIVE PROGRAMS INCLUDE FRESHMATCH AND PRODUCE PLUS. FRESHMATCH PROVIDES A DOLLAR-FOR-DOLLAR MATCH ON FEDERAL BENEFITS SPENT AT THE MARKET, THEREBY HELPING SHOPPERS TAKE HOME MORE FRESH AND NUTRITIOUS PRODUCE AND LOCAL FOODS AND CREATING NEW REVENUE STREAMS FOR LOCAL FARMERS AND FOOD PRODUCERS. PRODUCE PLUS PROVIDES LOCALLY GROWN, FRESH PRODUCE TO WASHINGTON, DC RESIDENTS WITH LIMITED ACCESS TO FRESH, HEALTHY FOOD. PRODUCE PLUS OPERATES FROM JUNE THROUGH NOVEMBER ANNUALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,475,756
Program Service Revenue $2,848,925
Investment Income $4,335
Other Revenue $0
TOTAL REVENUE $10,329,016

Expense Breakdown

Grants Paid $1,792,088
Salaries & Benefits $5,903,606
Fundraising Expenses $405,762
Program Expenses $9,155,376
Other Expenses $2,540,376
TOTAL EXPENSES $10,236,070

Year-over-Year Comparison

2023 2022 Change
Revenue $10,329,016 $9,700,058 +0.1%
Expenses $10,236,070 $9,015,090 +0.1%
Net Income $92,946 $684,968 -0.9%
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
13
Independent Members
13
Employees
185
Volunteers
148

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
$135,169
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA ZETZMAN CHAIR 5.00
Officer Director
$0 $0 $0
LISA RENSTROM VICE CHAIR 2.00
Officer Director
$0 $0 $0
RAJ AGGARWAL SECRETARY 2.00
Officer Director
$0 $0 $0
DANIEL RODDEN TREASURER 5.00
Officer Director
$0 $0 $0
NICOLE BRELAND AANDAHL DIRECTOR 2.00
Director
$0 $0 $0
ROBIN BURTON DIRECTOR 2.00
Director
$0 $0 $0
RACHEL CLARK DIRECTOR 2.00
Director
$0 $0 $0
NINA DAMATO DIRECTOR 2.00
Director
$0 $0 $0
MARIA VOLES FERGUSON DIRECTOR 2.00
Director
$0 $0 $0
ANNE GERSON DIRECTOR 2.00
Director
$0 $0 $0
MIKE KOHN DIRECTOR 2.00
Director
$0 $0 $0
LAIZA OTERO DIRECTOR 2.00
Director
$0 $0 $0
MICHELLE RAMSEY DIRECTOR 2.00
Director
$0 $0 $0
HUGO MOGOLLON EXECUTIVE DIRECTOR 40.00
Officer
$128,276 $6,893 $135,169
JENNIFER MAMPARA DIRECTOR OF EDUCATION 40.00
Highest
$104,320 $0 $104,320
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 No data No data No data No data
2023 $10,329,016 $10,236,070 $3,169,262 $92,946
2022 $9,700,058 $9,015,090 $2,906,625 $684,968
2021 $5,781,214 $5,509,720 $2,427,804 $271,494
2020 $5,507,651 $4,979,583 $2,067,892 $528,068
2019 $3,122,337 $2,752,853 $920,211 $369,484
2018 $2,356,906 $2,228,033 $579,985 $128,873
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