GREENSBORO FARMERS MARKET INC

EIN: 453819685 501(c)(3) Food, Agriculture & Nutrition

Greensboro, NC

Total Revenue
$221,856
Total Expenses
$221,854
Total Assets
$227,159
Net Assets
$176,565
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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
2011
Legal Domicile
NC
Principal Officer
Charlie Brummitt
Phone
3363732402
Tax Period
2022-07-01 to 2023-06-30

GREENSBORO FARMERS MARKET INC, founded in 2011, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $222K in total revenue in fiscal year 2022. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

GFM provides greater Greensboro with opportunities to purchase and learn about local foods in a friendly and diverse social setting. GFM encourages and supports the growth and local foods and artisan goods businesses to improve Greater Greensboro's economy and support healthy eating.

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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 (2022)

Revenue Breakdown

Contributions & Grants $169,057
Program Service Revenue $52,799
Investment Income $0
Other Revenue $0
TOTAL REVENUE $221,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,469
Fundraising Expenses $23,908
Program Expenses $155,749
Other Expenses $121,385
TOTAL EXPENSES $221,854

Year-over-Year Comparison

2022 2021 Change
Revenue $221,856 $146,809 +0.5%
Expenses $221,854 $230,738 0.0%
Net Income $2 $-83,929 -1.0%
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
14
Independent Members
14
Employees
3
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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gardner Sheffield member 0
Director
$0 $0 $0
YoungDoo Carey member 0
Director
$0 $0 $0
Janice Nicholson member 0
Director
$0 $0 $0
John Handler member 0
Director
$0 $0 $0
Jamilla Pender member 0
Director
$0 $0 $0
Terri Rivers member 0
Director
$0 $0 $0
Phil Fleischman member, ex officio 0
Director
$0 $0 $0
Denise Robertson Secretary 0
Director
$0 $0 $0
Anna Anders member 0
Director
$0 $0 $0
Lauren Bruce member 0
Director
$0 $0 $0
Jasmine Lester member 0
Director
$0 $0 $0
Dr Chris Musselwhite Vice Chair 0
Officer
$0 $0 $0
Mac Sims Chair 5
Officer
$0 $0 $0
Ginesa Ebert Treasurer 5
Officer
$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
2023 $221,856 $221,854 $227,159 $2
2021 $252,352 $191,877 $276,463 $60,475
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