32ND STREET FARMERS MARKET

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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

1980

Legal Domicile

Principal Officer

SHANE HUGHES

Phone

4435008222

Tax Period

2025-01-01 to 2025-12-31

32ND STREET FARMERS MARKET, founded in 1980, is a small nonprofit that reported $286K in total revenue in fiscal year 2025. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

YEAR-ROUND FARMERS MARKET OFFERING PRODUCE, FRUIT, BAKED GOODS, PREPARED FOOD AND FLOWERS SERVING ALL ECONOMIC, SOCIAL AND ETHNIC BACKGROUNDS.

Program Service Accomplishments

Program 1

Expenses: $262,996 Revenue: $118,626

YEAR-ROUND FARMERS MARKET OFFERING PRODUCE, FRUIT, BAKED GOODS, PREPARED FOOD AND FLOWERS SERVING ALL ECONOMIC, SOCIAL AND ETHNIC BACKGROUNDS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $167,697

Program Service Revenue $118,626

Investment Income $0

Other Revenue $0

TOTAL REVENUE $286,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,237

Fundraising Expenses $0

Program Expenses $262,996

Other Expenses $259,599

TOTAL EXPENSES $277,836

Year-over-Year Comparison

	2025	2024	Change
Revenue	$286,323	$400,816	-0.3%
Expenses	$277,836	$452,918	-0.4%
Net Income	$8,487	$-52,102	-1.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN NORMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CRAIG HUNTLEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
NICOLE DEVOS	SECRETARY	1.00	Officer Director	$0	$0	$0
SHANE HUGHES	TREASURER	1.00	Officer Director	$0	$0	$0
WAVE WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN MOHLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN MCLANE	BOARD MEMBER	1.00	Director	$0	$0	$0
DIMITRIOS KOMNINOS	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG WETZEL	BOARD MEMBER	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	$286,323	$277,836	$108,701	$8,487
2024	$400,816	$452,918	$102,676	$-52,102
2023	$408,417	$393,499	$151,509	$14,918
2022	$420,943	$430,532	$124,173	$-9,589
2020	$105,336	$86,601	$107,619	$18,735