Canal Market Co

Nonprofit profile at a glance

EIN
993414062
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Fresno, CA, USA
Phone
5598249208
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Food, Agriculture, and Nutrition N.E.C.

Reported finances

Revenue
$76,203
Expenses
$0
Assets
$120,703

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Miguel Arambula (chairman and CEO)

People named in this filing

  • Miguel Arambula (chairman and CEO)
  • Micheal Osegueda (Treasurer)
  • Genoveva Islas (board member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide fresh food at neighborhood scale, to support local food entrepreneurs and farmers, to develop underutilized lots to create community gathering space, and other things of furtherance of such purposes.

What it reported doing in 2025

Canal Market Co., used all of its funds to construct a farmer's market at our property at 815 E. Thomas Ave. This included grading the site, adding new PGE pole and electrical service, concrete pads to park food trucks, site lighting, shed, port a potty, electrical pedestals, water hook-up and spigots, new wrought iron fencing, bollard and wire fence along canal, sidewalk walkway, demo and reconstruct drive approach, back flow preventer, picnic tables, irrigation and planting. Construction is complete but City of Fresno still reviewing/inspecting as of end of 2025, so no people/customers benefited as not yet open.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and the available information about grant readiness state registration leaves an important question unanswered.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 100
  • Sustainability: NotEnoughData
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 52.5% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 92.3% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $116K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.