WILMINGTON FLOWER MARKET INC

EIN: 516015445 501(c)(3) Health Care

GREENVILLE, DE

Total Revenue
$60,416
Total Expenses
$60,362
Total Assets
$137,674
Net Assets
$137,674
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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
1921
Legal Domicile
DE
Principal Officer
KARIN MEIS
Phone
3026551344
Tax Period
2023-08-01 to 2024-07-31

WILMINGTON FLOWER MARKET INC, founded in 1921, is a micro nonprofit in the Health Care sector that reported $60K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Net assets of $138K represent 27 months of operating reserves.

Mission

PROVIDE FOR THE HEALTH & WELFARE OF NEEDY CHILDREN

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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 $34,256
Program Service Revenue $0
Investment Income $97
Other Revenue $26,063
TOTAL REVENUE $60,416

Expense Breakdown

Grants Paid $44,453
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,453
Other Expenses $15,909
TOTAL EXPENSES $60,362

Year-over-Year Comparison

2023 2022 Change
Revenue $60,416 $117,343 -0.5%
Expenses $60,362 $128,796 -0.5%
Net Income $54 $-11,453 -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
13
Independent Members
13
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARIN MEIS GENERAL CHAIRMAN 2.00
Officer Director
$0 $0 $0
NANCY BUKER GENERAL TREASURER 2.00
Officer Director
$0 $0 $0
LAUREN HAYES DIRECTOR OF GROUNDS 2.00
Director
$0 $0 $0
KAREN MARENCO GENERAL VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
TINA KLUMPP GENERAL SECRETARY 2.00
Officer Director
$0 $0 $0
MIRIAM STEVENS BENEFICIARY CHAIRMAN 2.00
Director
$0 $0 $0
AMY MALICK DIRECTOR OF FOODS 2.00
Director
$0 $0 $0
CHRISTINA LENNICK DIRECTOR OF PRE-MARKET 2.00
Director
$0 $0 $0
ALYSSA MOORE DIRECTOR OF PUBLICITY 2.00
Director
$0 $0 $0
LINDA LAURIA DIRECTOR OF PLANTS 2.00
Director
$0 $0 $0
TERRI PENNINGTON DIRECTOR OF RETAIL 2.00
Director
$0 $0 $0
ALLI RUBIO DIRECTOR OF ENTERTAINMENT 2.00
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 No data No data No data No data
2024 $60,416 $60,362 $137,674 $54
2023 $117,343 $128,796 $137,620 $-11,453
2022 $32,368 $151,497 $111,782 $-119,129
2022 $6,341 $88,179 $149,073 $-81,838
2021 $51,332 $19,942 $230,911 $31,390
2020 $35,993 $30,123 $199,521 $5,870
2019 $151,164 $163,321 $193,651 $-12,157
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