Franklin Farmers Market Association
Nonprofit profile at a glance
- EIN
- 743043792
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2007
- Location
- College Grove, TN, USA
- Phone
- 6159161274
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $183,872
- Expenses
- $173,864
- Assets
- $112,870
- Liabilities
- $1,305
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JR STROUD (Vice President)
- PATRICK KELLEY (President)
People named in this filing
- JR STROUD (Vice President)
- PATRICK KELLEY (President)
- CLYDE H DELVIN (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve local farms and provide guidance to the next generation that farming is a great lifestyle and a viable way to make a living. Provide a connection between the farmer and the consumer and create a partnership that assures a more sustainable future for all concerned. To provide a venue for the family farms in the area to sell what they produce.
What it reported doing in 2024
Provide a unique venue each weekend for the family farms in the area to sell what they produce and to provide access to fresh, nutritious food locally grown to the general public. Also provides an outreach to the community to educate and be educated about local food issues.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.4%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 33.4%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 15.3% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 10.5% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Sustainability: Operating margin scored 49/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.