GOOD GROCER

EIN: 453844389 501(c)(3) Food, Agriculture & Nutrition

MINNEAPOLIS, MN

Total Revenue
$1,162,761
Total Expenses
$1,540,121
Total Assets
$2,752,958
Net Assets
$1,381,647
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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
MN
Principal Officer
KURT VICKMAN
Phone
6122009337
Tax Period
2025-01-01 to 2025-12-31

GOOD GROCER, founded in 2011, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.2M in total revenue in fiscal year 2025. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 32% operating deficit.

Mission

TO INFUSE HOPE INTO THE LIVES OF THOSE WHO ARE HUNGRY BY MAKING GOOD, FRESH FOOD ACCESSIBLE AND AFFORDABLE TO THOSE IN NEED.

Program Service Accomplishments

Program 1
Expenses: $1,474,644 Revenue: $1,034,973

GOOD GROCER IS A VOLUNTEER POWERED GROCERY STORE LOCATED AT 2650 NICOLLET AVE, MINNEAPOLIS, MINNESOTA FOCUSED ON HELPING THOSE IN NEED ACCESS HEALTHY FOODS AT AFFORDABLE PRICES. RELYING ON VOLUNTEERS...

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GOOD GROCER IS A VOLUNTEER POWERED GROCERY STORE LOCATED AT 2650 NICOLLET AVE, MINNEAPOLIS, MINNESOTA FOCUSED ON HELPING THOSE IN NEED ACCESS HEALTHY FOODS AT AFFORDABLE PRICES. RELYING ON VOLUNTEERS ALLOWS GOOD GROCER TO REDUCE OPERATING COSTS AND PASS THE SAVINGS TO FOOD INSECURE CUSTOMERS. THE 2025 CALENDAR YEAR COMPLETED THE STORE'S FIFTH YEAR OF OPERATIONS AT THE SAME LOCATION. THE STORE WAS STOCKED WITH 2,712 DIFFERENT ITEMS, COMPLETED 66,475 TOTAL TRANSACTION SALES AND SOLD 298,687 TOTAL GROCERY UNITS DURING CALENDAR YEAR 2025.

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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 $101,767
Program Service Revenue $1,034,973
Investment Income $23,301
Other Revenue $2,720
TOTAL REVENUE $1,162,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $322,917
Fundraising Expenses $3,019
Program Expenses $1,474,644
Other Expenses $1,217,204
TOTAL EXPENSES $1,540,121

Year-over-Year Comparison

2025 2024 Change
Revenue $1,162,761 $1,763,160 -0.3%
Expenses $1,540,121 $1,564,491 0.0%
Net Income $-377,360 $198,669 -2.9%
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
6
Independent Members
5
Employees
10
Volunteers
112

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
4
$107,572
Total Directors
6
$107,572
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KURT VICKMAN EXECUTIVE DI 40.00
Officer Director
$47,605 $59,967 $107,572
MOLLY BENNETT PRESIDENT 2.00
Officer Director
$0 $0 $0
KERRY RAUSCHENDORFER TREASURER 1.00
Officer Director
$0 $0 $0
AMANDA CASPERS SECRETARY 1.00
Officer Director
$0 $0 $0
MARTHA LIPS DIRECTOR 20.00
Director
$0 $0 $0
GREG BASTIAN DIRECTOR 1.00
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 $1,162,761 $1,540,121 $2,752,958 $-377,360
2024 $1,763,160 $1,564,491 $3,152,748 $198,669
2023 $2,159,196 $1,617,961 $3,447,914 $541,235
2022 $1,207,252 $1,468,364 $2,908,913 $-261,112
2021 $1,564,362 $1,459,074 $3,193,434 $105,288
2020 $467,100 $292,938 $3,064,159 $174,162
2019 $139,245 $178,347 $2,632,394 $-39,102
2018 $1,097,679 $344,741 $2,672,383 $752,938
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