Riverwalk Market Fair Inc
Nonprofit profile at a glance
- EIN
- 474013873
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Northfield, MN, USA
- Phone
- 6513415995
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $98,377
- Expenses
- $58,783
- Assets
- $61,035
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- KERRY HANIFL (TREASURER)
- TERESA JENSEN (BOARD MEMBER)
- JULIE JOHNSON (BOARD MEMBER)
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
Riverwalk market fair's mission is to support local farmers and artisans for the benefit of our community.
What it reported doing in 2024
At riverwalk market fair, were all about celebrating the heart of northfield, mn where local farmers, artisans, and makers come together to create a vibrant community experience. Nestled by the cannon river, our market is a place to discover fresh, seasonal produce, one-of-a-kind handmade goods, and delicious eats, all while enjoying live music and the company of friends and neighbors. Were committed to supporting food access for all through our food access programs. We also support sustainable agriculture, fostering local talent, and helping small businesses thrive. Whether youre shopping for your weekly produce, stopping by to use your ebt card, enjoying a picnic by the river, or simply soaking in the music and good vibes, riverwalk market fair is where community thrives, creativity flourishes, and every visit feels like a celebration.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 55
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.2%; rating input score 59
- Program expense ratio: 99.1%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 40.2%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 31.2%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 59.2% of revenue deployed · 99.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Officer compensation ratio scored 6/100.