Mill City Farmers Market Charitable Fund
Nonprofit profile at a glance
- EIN
- 814420781
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- Minneapolis, MN, USA
- Phone
- 6123417580
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $314,946
- Expenses
- $366,193
- Assets
- $243,645
- Liabilities
- $162,105
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ELLA DANIELS (EXECUTIVE DIRECTOR)
Highest reported compensation
- ELLA DANIELS (EXECUTIVE DIRECTOR): $95,165 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mission: to support a healthier community through partnerships, educational programming, and support for organic farmers and local food producers.vision: to grow a just, local, sustainable food system by sharing resources and collaborating with others for the health of our community.
What it reported doing in 2024
Educational and food access programming to include: mill city cooks, educational and experiential programming about regenerative farming, healthy eating, and wellness.with our partnerships in the local, organic food community and the mill city farmers market, we are uniquely situated to deliver "can do" education experiences. Our work inspires children and adults to make informed choices and invest in food that helps prevent and reduce chronic conditions like diabetes, cancer and heart disease. Weekly articles and social media posts focused on sustainable farming, composting and recycling, & other current health & wellness topics.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 90
- Accountability: 94
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.8%; rating input score 40
- Program expense ratio: 34.2%; rating input score 34
- Fundraising efficiency: $7.62 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 24th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -16.3%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.67; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 0.3% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 39.8% of revenue deployed · 34.2% of spending went to programs
- Governance: 8 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $125K in reported program spending
- Leadership: top reported pay $95K · 10 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 40/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
- High — Sustainability: Operating margin scored 17/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.