Montclair Farmers' Market

Nonprofit profile at a glance

EIN
451579389
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Montclair, NJ, USA
Phone
9734649611
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Food, Agriculture, and Nutrition N.E.C.

Official website

Reported finances

Revenue
$119,224
Expenses
$106,230
Assets
$74,250

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

Leadership & pay

6 people listed

Executive titles in this filing

  • GRAY RUSSELL (PRESIDENT)

People named in this filing

  • GRAY RUSSELL (PRESIDENT)
  • PAUL PINTO (TRUSTEE)
  • IRENE STERLING (SECRETARY)

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

The montclair farmers' market establishes a community service, supporting local farmers, allowing them the opportunity to market quality products grown on their farms.

What it reported doing in 2025

Double bucks is a nutrition incentive program aimed to help make farm-fresh fruits and vegetables more affordable to those in need of financial assistance. For every 1 that the eligible shopper spends at the montclair farmers market, the dvcp matches 1 for 1 in "good food bucks" (up to 20) to purchase fruits and vegetables. The dvcp allows our market to provide incentives for snap (supplemental nutrition assistance program), wic farmers market nutrition program vouchers, and senior farmers market nutrition program vouchers

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 50
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.3%; rating input score 48
  • Program expense ratio: 54.3%; rating input score 54

Transparency & Controls

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

Sustainability

  • Operating margin: 10.9%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 15.5% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 7.6% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 48.3% of revenue deployed · 54.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $58K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 48/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.