KANBE'S MARKETS (EIN 811505292) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

MAXFIELD KANIGER

Phone

8163593622

Tax Period

2024-01-01 to 2024-12-31

KANBE'S MARKETS, founded in 2016, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO BUILD AN INCLUSIVE FOOD SYSTEM THAT TRANSFORMS FOOD LOSS INTO FOOD ACCESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,125,393

Program Service Revenue $192,358

Investment Income $7,208

Other Revenue $-12,757

TOTAL REVENUE $4,312,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,134,556

Fundraising Expenses $389,001

Program Expenses $3,540,884

Other Expenses $3,076,500

TOTAL EXPENSES $4,211,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,312,202	$3,777,630	+0.1%
Expenses	$4,211,056	$2,710,202	+0.6%
Net Income	$101,146	$1,067,428	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

2235

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

$108,748

Total Directors

$108,748

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER MALONE	BOARD PRESIDENT	20.00	Officer Director	$0	$0	$0
CYNTHIA JORDAN	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVIN GORDON	BOARD MEMBER	5.00	Director	$0	$0	$0
STEPHEN HOAG	BOARD MEMBER	5.00	Director	$0	$0	$0
JONATHAN YEN	BOARD MEMBER	5.00	Director	$0	$0	$0
DARLENE THOMPSON	BOARD VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
CHRISTAL WATSON	BOARD MEMBER	5.00	Director	$0	$0	$0
WENDELL COLE	BOARD SECRETARY	5.00	Officer Director	$0	$0	$0
PATRICE WRIGHT	BOARD MEMBER	5.00	Director	$0	$0	$0
MAXFIELD KANIGER	FOUNDER/CEO	45.00	Officer Director	$108,748	$0	$108,748
DANNY RITZ	BOARD MEMBER	5.00	Director	$0	$0	$0
NANCY KENNER	BOARD MEMBER	5.00	Director	$0	$0	$0
ANDREW HSU	BOARD MEMBER	5.00	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	$4,312,202	$4,211,056	$2,907,634	$101,146
2023	$3,777,630	$2,710,202	$2,218,715	$1,067,428
2022	$3,793,981	$3,632,995	$1,265,494	$160,986
2021	$3,049,996	$3,090,635	$832,431	$-40,639
2020	$3,694,895	$3,432,501	$901,679	$262,394
2020	$1,765,895	$1,503,501	$901,679	$262,394
2019	$438,469	$307,365	$293,276	$131,104
2018	$198,603	$104,030	$154,396	$94,573

KANBE'S MARKETS