Food From Farms

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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

Jeronimo Squires

Phone

3602093425

Tax Period

2018-01-01 to 2018-12-31

Food From Farms, founded in 2016, is a small nonprofit that reported $121K in total revenue in fiscal year 2018. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $135K exceeded revenue, resulting in a 12% operating deficit.

Mission

Food From Farms increases access to food from local farms and farmers markets for kids, seniors, and those in need.

Program Service Accomplishments

Program 1

Expenses: $79,212

Administering and accounting for Skagit Valley Farmers Market Coalition food-insecurity programs, where vouchers are given to those in need which they can use to purchase fruits and vegetables from farm stands at participating, local farmers markets. In 2018, these programs include matching 100 of all EBT/SNAP dollars at the participating farmers markets, providing vouchers to local food bank customers to be redeemed at Coalition markets, providing children with Medicaid nutrition information and vouchers, and providing voucher to heart patients in need at a local area hospital. Food From Farms also assures market managers are adequately trained and supported to run the programs and compensated clerks at each market for the same purpose. The Coalition included the Anacortes, Bow, Concrete, Marblemount, Mount Vernon, and Sedro Woolley farmers markets.

Program 2

Expenses: $25,766

Supporting other farm direct and farmers market food-insecurity programs through assuring market managers are adequately trained and supported to run the programs, including maintaining a free...

Supporting other farm direct and farmers market food-insecurity programs through assuring market managers are adequately trained and supported to run the programs, including maintaining a free web-based knowledgebase, on-demand support, and providing individual and group training sessions to organizations running these programs.

Program 3

Expenses: $20,849

Supporting the Snohomish Region Farmers Market Coalition food-insecurity programs. In 2018, these programs included matching EBT/SNAP dollars at the Everett, Mukilteo, Snohomish, and Port Susan...

Supporting the Snohomish Region Farmers Market Coalition food-insecurity programs. In 2018, these programs included matching EBT/SNAP dollars at the Everett, Mukilteo, Snohomish, and Port Susan farmers markets, and assuring market managers were adequately trained and supported to run the programs.

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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 (2018)

Revenue Breakdown

Contributions & Grants $120,781

Program Service Revenue $0

Investment Income $0

Other Revenue $74

TOTAL REVENUE $120,855

Expense Breakdown

Grants Paid $59,672

Salaries & Benefits $5,542

Fundraising Expenses $0

Program Expenses $131,341

Other Expenses $69,761

TOTAL EXPENSES $134,975

Year-over-Year Comparison

	2018	2017	Change
Revenue	$120,855	$156,348	-0.2%
Expenses	$134,975	$114,171	+0.2%
Net Income	$-14,120	$42,177	-1.3%

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
Jeronimo Squires	President, Director	001.00	Officer Director	$0	$0	$0
Kay Reinhardt	Secretary/Treasurer, Director	001.00	Officer Director	$0	$0	$0
Laura Titzer	Director	001.00	Director	$0	$0	$0
Shannon Bachtel	Director	001.00	Director	$0	$0	$0
Karen Erickson	Director	001.00	Director	$0	$0	$0
Kate Delavan	Director	001.00	Director	$0	$0	$0
Katie Lynd	Former Director	001.00	Director	$0	$0	$0
Suzanne Briggs	Former Director	001.00	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
2018	$120,855	$134,975	$92,285	$-14,120