Coastal Alabama Farmers and Fishermens Market Inc

Nonprofit profile at a glance

EIN
464275442
IRS 990 coverage
2013–2021
Forms available
Form 990 2021
Location
Foley, AL, USA
Phone
2519431545
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Agricultural Programs

Reported finances

Revenue
$-647,113
Expenses
$176,316
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • RALPH HELLMICH (PRESIDENT)
  • J WAYNE TRAWICK (VICE PRESIDENT)

People named in this filing

  • RALPH HELLMICH (PRESIDENT)
  • J WAYNE TRAWICK (VICE PRESIDENT)
  • SUE STEIGERWALD (SECRETARY/TREASURER)

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

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our goal at the coastal Alabama farmers & fishermen's market [caffm] is to provide local fruits, vegetables, seafood, and non-certifiable agricultural products through direct marketing for the general public and commercial establishments in an enjoyable place. As a local farmers market, we are committed to baldwin county's community and agriculture. It is our mission to promote healthy foods from the bounty of the gulf coast and make them readily available to our neighbors from all over the area. Our vendors, local farmers and fishermen, will ensure you have fresh, high quality produce, organic beef, seafood and other delicious foods to bring home to your family or commercial establishment.

What it reported doing in 2021

Caffm will provide and promote a location for local farmers and fishermen to offer local fruits, vegetables, seafood, and non-certifiable agricultural products for the general public and commercial establishments in an enjoyable place. Our vendors, local farmers and fishermen, will ensure the availabilty of fresh, high quality produce, organic beef, seafood and other delicious foods.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 15
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.8%; rating input score 93
  • Program expense ratio: 70.5%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -127.2%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 27.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -8.6% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 92.8% of revenue deployed · 70.5% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $124K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 9 filing years from 2013 to 2021
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.