Red Wing Area Farmers Market Association Inc
Nonprofit profile at a glance
- EIN
- 451843900
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024, Form 990-N 2022
- Location
- Red Wing, MN, USA
- Phone
- 7156515046
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Food Programs
Reported finances
- Revenue
- $198,385
- Expenses
- $175,314
- Assets
- $30,069
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Ken Exner (Board President / Treasurer)
- Carrine Baldwin (Board Vice President)
Highest reported compensation
- Sara George (Market Manager): $41,674 total reported compensation
- Ken Exner (Board President / Treasurer): $2,200 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a convenient and cohesive environment where our community can purchase the freshest locally grown produce and farmstead products available directly from farmers and producers who represent traditions and skills we value as part of our way of life. We provide education around gardening, from garden experts every other week at the market, we provide education to children who come to the market about fresh fruits and vegetables with fun activities and we also distribute local food to community members with the greatest inequities and disparities and provide education to them about how to cook, prepare and store these items. We distributed 60 boxes of food each week to clients in the community for 25 weeks.
What it reported doing in 2025
Community Education: Provide educational materials to the public on recipes, healthy eating options, master garden education, chef demonstration and petting zoo for the community to learn about animals.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- Distribution model
- Member-benefit provider. The nonprofit used 63% of its reported program spending for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 89
- Accountability: 64
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84%; rating input score 84
- Program expense ratio: 95%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 6th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 25th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.6%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 25%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 79.8% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 64.2% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 84% of revenue deployed · 95% of spending went to programs
- Governance: 6 of 7 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $115K in reported program spending
- Leadership: top reported pay $42K · 8 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Accountability: Governance controls: 6 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Officer compensation ratio scored 14/100.