32ND STREET FARMERS MARKET

EIN: 521168151 501(c)(3)

BALTIMORE, MD

Total Revenue
$400,816
Total Expenses
$452,918
Total Assets
$102,676
Net Assets
$97,760
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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
MD
Principal Officer
SHANE HUGHES
Phone
4435008222
Tax Period
2024-01-01 to 2024-12-31

32ND STREET FARMERS MARKET, founded in 1980, is a small nonprofit that reported $401K in total revenue in fiscal year 2024. Expenses of $453K exceeded revenue, resulting in a 13% operating deficit.

Mission

YEAR-ROUND FARMERS MARKET OFFERING PRODUCE, FRUIT, BAKED GOODS, PREPARED FOOD & 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $169,297
Program Service Revenue $231,519
Investment Income $0
Other Revenue $0
TOTAL REVENUE $400,816

Expense Breakdown

Grants Paid $6,500
Salaries & Benefits $48,024
Fundraising Expenses $0
Program Expenses $404,298
Other Expenses $398,394
TOTAL EXPENSES $452,918

Year-over-Year Comparison

2024 2023 Change
Revenue $400,816 $408,417 0.0%
Expenses $452,918 $393,499 +0.2%
Net Income $-52,102 $14,918 -4.5%
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
10
Independent Members
10
Employees
2
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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN NORMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
ANNA KENT VICE PRESIDE 1.00
Officer Director
$0 $0 $0
SUSAN WALTHER SECRETARY 1.00
Officer Director
$0 $0 $0
SHANE HUGHES TREASURER 1.00
Officer Director
$0 $0 $0
MILLER ROBERTS III BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN SHIELDS BOARD MEMBER 1.00
Director
$0 $0 $0
BERNARD HUDNALL BOARD MEMBER 1.00
Director
$0 $0 $0
DIMITRIOS KOMNINOS 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
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
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