FARMS AND FOOD ACCESS FOR A RESILIENT MARYLAND FOUNDATION INC

EIN: 921282103 501(c)(3) Food, Agriculture & Nutrition

BROOKLANDVILLE, MD

Total Revenue
N/A
Total Expenses
$324,824
Total Assets
$11,232
Net Assets
$11,232
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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
2022
Legal Domicile
MD
Principal Officer
VANESSA FINNEY
Phone
4108231789
Tax Period
2024-01-01 to 2024-12-31

Mission

THE FFARMD FOUNDATION WAS ESTABLISHED AS A 501(C)3 NONPROFIT, NONGOVERNMENTAL ENTITY TO SUPPORT EFFORTS PERTAINING TO THE AVAILABILITY AND DISTRIBUTION OF LOCALLY PRODUCED AGRICULTURAL PRODUCTS TO MARYLANDERS EXPERIENCING FOOD INSECURITY IN MARYLAND, INCLUDING THE MARYLAND MARKET MONEY (MMM) PROGRAM.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $305,838
Salaries & Benefits $0
Fundraising Expenses $94
Program Expenses $306,294
Other Expenses $18,986
TOTAL EXPENSES $324,824

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $561,831 -1.0%
Expenses $324,824 $225,775 +0.4%
Net Income N/A $336,056 N/A
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
5
Independent Members
5
Employees
N/A
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN TORRES PRESIDENT 1.00
Officer Director
$0 $0 $0
SHANNON DILL SECRETARY 1.00
Officer Director
$0 $0 $0
STEPHEN MCHENRY SR. ADVISOR 1.00
Director
$0 $0 $0
DIANA TAYLOR DIRECTOR 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 No data $324,824 $11,232 No data
2023 $561,831 $225,775 $336,056 $336,056
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