Maine Federation of Farmers Markets

EIN: 364716128 501(c)(3) Food, Agriculture & Nutrition

Freeport, ME

Total Revenue
$1,168,572
Total Expenses
$1,019,828
Total Assets
$390,666
Net Assets
$205,260
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
ME
Principal Officer
James DeBiasi
Phone
2073701524
Tax Period
2023-01-01 to 2023-12-31

Maine Federation of Farmers Markets, founded in 2012, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 13% surplus.

Mission

MFFM's mission is to cultivate a vibrant, sustainable, farmers' market community as a vital part of Maine's local food network. The federation works with farmers, consumers and communities to make wholesome, locally-grown food available to all residents, and to educate consumers about food resources and to support farm vitality.

Program Service Accomplishments

Program 1
Expenses: $741,042 Revenue: $446,763

Charitable - MFFM's charitable activities focus on reducing the barriers to local food for low-income Mainers, connecting communities with farmers' markets to promote healthy eating, and addressing...

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Charitable - MFFM's charitable activities focus on reducing the barriers to local food for low-income Mainers, connecting communities with farmers' markets to promote healthy eating, and addressing food distribution problems by working to increase farmers' markets' produce capacity in rural areas.

Program 2
Expenses: $155,354 Revenue: $104,491

Market Support & Promotion - MFFM provides services to markets, and on behalf of markets, that help to boost the success and food access goals of farmers' markets in their communities. This includes...

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Market Support & Promotion - MFFM provides services to markets, and on behalf of markets, that help to boost the success and food access goals of farmers' markets in their communities. This includes the Bumper Crop program, a workplace wellness program that helps connect employers and their employees to farmers' markets. This led to over $60,000 in Bumper Crop voucher redemption at farmers' markets across the state. MFFM also provides fiscal agency support to markets, hosting their central payment terminals to accept SNAP and credit cards, and then reimbursing vendors directly. These services ease the burden on market organizers, who are often volunteers, and boost our mission.

Program 3
Expenses: $19,000 Revenue: $49,208

Educational - MFFM educates the public regarding the benefits of eating nutritious food, where to find it, how to access it affordably, and how to prepare it, as well as the importance of local...

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Educational - MFFM educates the public regarding the benefits of eating nutritious food, where to find it, how to access it affordably, and how to prepare it, as well as the importance of local agriculture to Maine's food system and ecology. MFFM also provides education to Maine farmers and farmers' market organizers regarding making their products accessible to low-income residents, selecting and participating in farmers' markets, food safety, effective marketing and market research, conflict management, and how to build community partnerships.

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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 $568,110
Program Service Revenue $598,455
Investment Income $0
Other Revenue $2,007
TOTAL REVENUE $1,168,572

Expense Breakdown

Grants Paid $182,827
Salaries & Benefits $215,024
Fundraising Expenses $25,469
Program Expenses $915,396
Other Expenses $621,977
TOTAL EXPENSES $1,019,828

Year-over-Year Comparison

2023 2022 Change
Revenue $1,168,572 $814,555 +0.4%
Expenses $1,019,828 $801,541 +0.3%
Net Income $148,744 $13,014 +10.4%
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
17
Volunteers
25

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
$76,242
Total Directors
9
$4,760
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sherie Blumenthal Director 1.00
Director
$0 $0 $0
Hillary Crowell Director 1.00
Director
$0 $0 $0
Kelsey Kobik Director 5.00
Director
$4,760 $0 $4,760
Deena Parks Director 1.00
Director
$0 $0 $0
Glenn Stevens Shourds Director 1.00
Director
$0 $0 $0
Ben Whatley Director 1.00
Director
$0 $0 $0
Lorelei Cimeno Director 1.00
Director
$0 $0 $0
Jane Torres Director 1.00
Director
$0 $0 $0
Laura McCandish Director 1.00
Director
$0 $0 $0
Mark Guzzi Chair 1.00
Officer
$0 $0 $0
Carolyn Snell Vice Chair 1.00
Officer
$0 $0 $0
Jenna Nelson Patton Secretary 1.00
Officer
$0 $0 $0
Carl Costanzi Treasurer 1.00
Officer
$0 $0 $0
James Debiasi Executive Director 40.00
Officer
$74,100 $2,142 $76,242
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 $1,168,572 $1,019,828 $390,666 $148,744
2022 $814,555 $801,541 $187,965 $13,014
2021 $553,987 $545,039 $153,574 $8,948
2020 $388,803 $371,526 $160,992 $17,277
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