MAR VISTA FARMERS MARKET ASSOCIATION

EIN: 571233653 Community Improvement

LOS ANGELES, CA

Total Revenue
$1,229,205
Total Expenses
$1,026,696
Total Assets
$661,642
Net Assets
$646,007
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
STEPHEN VODANTIS
Phone
3104331305
Tax Period
2024-01-01 to 2024-12-31

MAR VISTA FARMERS MARKET ASSOCIATION, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $203K, a strong 16% operating margin.

Mission

THE SPECIFIC PURPOSE OF THIS CORPORATION SHALL BE TO PROMOTE ENVIRONMENTAL, CULTURAL, ARTISTIC, AND EDUCATIONAL EVENTS FOR THE MAR VISTA COMMUNITY, TO PROMOTE THE UNIQUE IDENTITY OF AND FOSTER A SENSE OF COMMUNITY IN THE MAR VISTA COMMUNITY, TO SUPPORT LOCAL MAR VISTA CHARITIES, AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS PURPOSE AS ALLOWED BY LAW.

Program Service Accomplishments

Program 1
Expenses: $758,924 Revenue: $1,242,103

PROVIDING A GATHERING SPACE FOR THE COMMUNITY WHICH INCLUDES WEEKLY ENVIRONMENTAL PROGRAMMING, COOKING, AND ART PROJECTS FOR CHILDREN. COOKING DEMONSTRATIONS FOR ADULTS, SPACE FOR COMMUNITY GROUPS TO...

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PROVIDING A GATHERING SPACE FOR THE COMMUNITY WHICH INCLUDES WEEKLY ENVIRONMENTAL PROGRAMMING, COOKING, AND ART PROJECTS FOR CHILDREN. COOKING DEMONSTRATIONS FOR ADULTS, SPACE FOR COMMUNITY GROUPS TO PRESENT AND SHARE THEIR INFORMATION AND ACTIVITIES WITH THE PUBLIC. MUSICAL ENTERTAINMENT AND CULTURAL FOOD AND FESTIVAL CELEBRATIONS FOR THE WHOLE COMMUNITY.

Program 2
Expenses: $26,834

SUPPORTING NEIGHBORHOOD YOUTH ASSOCIATION SCHOLARSHIP PROGRAM, SPONSORING A GARDENING PROGRAM, TEACHER, SUPPLIES ETC., AND PROVIDING FOOD FOR THE AFTER-SCHOOL SNACK PROGRAM.

Program 3
Expenses: $17,500

SUPPORTING THE GRAND VIEW ELEMENTARY SCHOOL GARDEN THROUGH THE GARDEN SCHOOL FOUNDATION, AND SPONSORING THE 5TH GRADE CLASS TRIP ANNUALLY VIA THE PTA.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,242,103
Investment Income $0
Other Revenue $-12,898
TOTAL REVENUE $1,229,205

Expense Breakdown

Grants Paid $59,569
Salaries & Benefits $427,953
Fundraising Expenses $0
Program Expenses $803,258
Other Expenses $539,174
TOTAL EXPENSES $1,026,696

Year-over-Year Comparison

2024 2023 Change
Revenue $1,229,205 $1,086,817 +0.1%
Expenses $1,026,696 $952,256 +0.1%
Net Income $202,509 $134,561 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
25
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
$124,066
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW BASMAJIAN CHAIR 3.00
Officer Director
$0 $0 $0
ROB KADOTA DIRECTOR 1.00
Director
$0 $0 $0
CELESTE MAGUIRE DIRECTOR 1.00
Director
$0 $0 $0
YVETTE MOLINARO DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SALTZMAN DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH TREVES SECRETARY 3.00
Officer Director
$0 $0 $0
STEPHEN VODANTIS TREASURER 3.00
Officer Director
$0 $0 $0
DIANA L RODGERS EXECUTIVE DIRECTOR 25.00
Officer
$124,066 $0 $124,066
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 $1,229,205 $1,026,696 $661,642 $202,509
2023 $1,086,817 $952,256 $467,402 $134,561
2022 $763,200 $454,263 $381,189 $308,937
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