RED WING AREA FARMERS MARKET ASSOCIATION INC

EIN: 451843900 501(c)(3) Food, Agriculture & Nutrition

Red Wing, MN

Total Revenue
$198,385
Total Expenses
$175,314
Total Assets
$30,069
Net Assets
$30,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
Ken Exner
Phone
7156515046
Tax Period
2025-01-01 to 2025-12-31

RED WING AREA FARMERS MARKET ASSOCIATION INC, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $198K in total revenue in fiscal year 2025. Expenses of $175K left a modest 12% surplus.

Mission

To provide a convenient and cohesive environment where our community can purchase the freshest locally grown produce and farmstead products available directly from farmers and producers who represent traditions and skills we value as part of our way of life. We provide education around gardening, from garden experts every other week at the market, we provide education to children who come to the market about fresh fruits and vegetables with fun activities and we also distribute local food to community members with the greatest inequities and disparities and provide education to them about how to cook, prepare and store these items. We distributed 60 boxes of food each week to clients in the community for 25 weeks.

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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 (2025)

Revenue Breakdown

Contributions & Grants $127,703
Program Service Revenue $70,682
Investment Income $0
Other Revenue $0
TOTAL REVENUE $198,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,854
Fundraising Expenses $0
Program Expenses $115,309
Other Expenses $27,261
TOTAL EXPENSES $175,314

Year-over-Year Comparison

2025 2024 Change
Revenue $198,385 N/A N/A
Expenses $175,314 N/A N/A
Net Income $23,071 $0 N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
9

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
3
$2,200
Total Directors
7
$2,200
Key Employees
1
$41,674
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Exner Board President / Treasurer 7.00
Officer Director
$2,200 $0 $2,200
Carrine Baldwin Board Vice President 3.00
Officer Director
$0 $0 $0
Ashley Bickle Secretary 3.00
Officer Director
$0 $0 $0
Alyssa Riegleman Board Member 3.00
Director
$0 $0 $0
Austin DeSchepper Board Member 5.00
Director
$0 $0 $0
Sara George Market Manager 20.00
Key Emp
$41,674 $0 $41,674
Christine Fick Board Member 3.00
Director
$0 $0 $0
Darla Lester Board Member 3.00
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
2025 $198,385 $175,314 $30,069 $23,071
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