Pearl Farmers Market Association

Nonprofit profile at a glance

EIN
823216745
IRS 990-EZ coverage
2019–2019
Forms available
Form 990-EZ 2019
Location
San Antonio, TX, USA
Phone
2102127260
Rating confidence
Limited
Sector
Fruit and Vegetable Markets

Reported finances

Revenue
$180,143
Expenses
$200,247
Assets
$48,706

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JULIE BRAUNE (PRESIDENT)

People named in this filing

  • JULIE BRAUNE (PRESIDENT)
  • LUIS MORALES (VICE PRESIDE)
  • ESTHER FOSTER (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The pearl farmers market association (formerly, pearl farmers market association llc), established september 2017, maintains a membership of central Texas farmers and ranchers, prepared food vendors, and artisans of specialty items located within 150-mile radius of the pearl brewery (a san antonio historic site). The association seeks to improve the business conditions and practices of its members by providing a world class marketplace located in a popular community location, the pearl. At the market, the association works to provide business expansion for its members through the direct marketing and sales of their products in the san antonio and surrounding area, as well as providing the community access to healthy, fresh foods, horticultural products and other quality value added products, and further provides the public with educational events and materials that relate to healthy eating habits.

What it reported doing in 2019

Activities of the association/market: 1. Weekend market days- a true representation of our south Texas growing ranching and artisanal food community, features a producer-only farmers market on saturday, followed by a sunday market with a bigger emphasis on artisanal and prepared foods. 2. First thursday night market at the pearl - local vendors and artisans from the pearl farmers market join the pearl at the beginning of each month for pearl's first thursday night market. This monthly night market features live music, dining, and shopping specials. 3. Veggie valet service booth - volunteers provide shoppers a convenient place to store their purchases for pickup upon their exit from the pearl. 4. Monthly flag service identifying "in season" produce to enhance shopper awareness of the best produce available throughout the year. 5. Chef cooperatives - weekly food preparation demonstration - local chefs demonstrate meal preparation using local goods sold at the market (every hour). 6. Sustainable farming demonstrations - quarterly.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
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: 20
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -11.2%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

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 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 13/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.