Cape Elizabeth, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FARMS FOR FOOD EQUITY, founded in 2021, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $288K in total revenue in fiscal year 2024. Revenue surged 135% from the prior year, signaling strong growth momentum. Expenses of $260K left a modest 10% surplus.
We envision all Maine residents to be able to access and choose nutritious desirable safe food especially farm-fresh fruits vegetables and proteins while creating greater profitability and stability for Maine farms.
We purchase at a discounted rate off-grade produce and proteins from local farms to reduce food waste and support local agriculture. This produce is donated to local food pantries and distributed to...
We purchase at a discounted rate off-grade produce and proteins from local farms to reduce food waste and support local agriculture. This produce is donated to local food pantries and distributed to Mainers experiencing food insecurity.
Using funds from the USDA Specialty Crop Block Grant program administered by ME DACF we partnered with other organizations in southern Maine to provide culinary education to immigrant families using...
Using funds from the USDA Specialty Crop Block Grant program administered by ME DACF we partnered with other organizations in southern Maine to provide culinary education to immigrant families using local produce
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $288,406 | $122,703 | +1.4% |
| Expenses | $259,702 | $106,190 | +1.4% |
| Net Income | $28,704 | $16,513 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Wiley | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Augustus Bradley | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Judy Adelman | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Anne Carney | Director | 2.00 |
Director
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$0 | $0 | $0 |
| John Naylor | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kelin Welborn | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Lisha Wentworth | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Penelope Jordan | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steven Culver | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Kenneth Johnson | Vice President | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Diane Schinella | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Lee Warner | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $288,406 | $259,702 | $67,160 | $28,704 |
Compare FARMS FOR FOOD EQUITY with other nonprofits in Maine and across the country.