Friends of St Paul Farmers' Market

Nonprofit profile at a glance

EIN
612103968
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
St Paul, MN, USA
Phone
6512617104
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fruit and Vegetable Markets

Reported finances

Revenue
$31,563
Expenses
$20,893
Assets
$10,670
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • THAI MOUA (PRESIDENT)
  • MARIA WEINHANDL (VICE PRESIDENT)

People named in this filing

  • THAI MOUA (PRESIDENT)
  • MARIA WEINHANDL (VICE PRESIDENT)
  • JAKE KAPPERS (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

The corporation is organized exclusively for charitable, religous, educational, and scientific purposes within the meaning of section 501(c)(3) of the IRS code, including, for such purposes, the making of distributions that qualify as exempt organizations under section 501(c)(3)of the internal revenue code, or the corresponding provisions of any future federal tax code.

What it reported doing in 2024

Provide support that is chartiable, religious, education and scientific to provide distributions to qualifed exempt organizations.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.2%; rating input score 66
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 33.8%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 66.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $21K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.