Tomball Farmers Market

Nonprofit profile at a glance

EIN
270328177
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Tomball, TX, USA
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$132,715
Expenses
$137,725
Assets
$116,367

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Christine King (Board President)
  • Scott Walker (Board Vice President)

People named in this filing

  • Christine King (Board President)
  • Scott Walker (Board Vice President)
  • Teresa Latsis (Board Treasurer)

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

The organization operated weekly farmers markets provided vendor compliance and business development support hosted community programming and maintained public access to local agriculture and handcrafted goods.

What it reported doing in 2024

Community Programs and Outreach Activities The organization hosted community-based events volunteer activities and public education initiatives to strengthen relationships between local producers and the community. Programs promoted agricultural awareness family-friendly activities and community engagement throughout the year.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -3.8%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 33.3%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 19.5% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $138K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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.

  • High — Sustainability: Operating margin scored 24/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.