Civic Intelligence

Hickory Farmers Market Association Inc

EIN 20-0795942 • 501(c)6 • Hickory, NC

990-N CoverageNTEE S462

Profile

To establish and operate the Hickory Downtown Farmers Market for the betterment of the Hickory Business District and to provide a venue of community interaction and activities.

PO Box 45Hickory, NC 28603

www.hickoryfarmersmarket.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.23x

Higher debt load relative to assets than 88% of similar nonprofits.

NTEE K • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.13x

Higher debt load relative to revenue than 89% of similar nonprofits.

NTEE K • <$500k nonprofits • Source year 2024

Net Margin

25th percentile

-3.8%

Higher net margin than 25% of similar nonprofits.

NTEE K • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$39,778

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 49.5% of source-year revenue.

NTEE K99 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-15%

Faster asset growth than 25% of similar nonprofits.

NTEE K • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

14%

Faster revenue growth than 59% of similar nonprofits.

NTEE K • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$45,783

Down $8,102 (-15%) from 2023

Liabilities

Down

$10,692

Down $5,056 (-32%) from 2023

Net Assets

Down

$35,091

Down $3,046 (-8.0%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin25th percentile

Revenue

Up

$80,290

Up $9,685 (+14%) from 2023

Expenses

Up

$83,380

Up $22,792 (+38%) from 2023

Net Income

Down

-$3,090

Down $13,107 (-131%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2023: $53,885Liabilities 2023: $15,748Net Assets 2023: $38,1372023Assets 2024: $45,783Liabilities 2024: $10,692Net Assets 2024: $35,0912024

Highlighted filing

2024

Assets$45,783
Liabilities$10,692
Net Assets$35,091
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2023: $70,605Expenses 2023: $60,588Net Income 2023: $10,0172023Revenue 2024: $80,290Expenses 2024: $83,380Net Income 2024: -$3,0902024

Highlighted filing

2024

Revenue$80,290
Expenses$83,380
Net Income-$3,090
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,783
Liabilities
$10,692
Net assets
$35,091
Revenue
$80,290
Expenses
$83,380
Net income
-$3,090
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$45.8$10.7$35.1$80.3$83.4$3.09
2023Detailed filing. Detailed filing data is available for this year.$53.9$15.7$38.1$70.6$60.6$10.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 19, 2025
Return Version
2024v5.0
Gross Receipts
$80,290
Mission and Program Overview

Mission

To establish and operate the Hickory Downtown Farmers Market for the betterment of the Hickory Business District and to provide a venue of community interaction and activities.

Enable city Farmer's Market in Hickory, NC

Program Services

DescriptionGrantsExpenses
Coordinate services and staffing to provide place, marketing, and support for regional farmers and food providers to sell their products in the city of Hickory, NC$4,915-
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly BostFormer Market ManagerFT$39,778-$39,778
Heather BakerMarket ManagerFT$5,833-$5,833
April VigardtPresident-$0--
Carolyn HightowerVice President-$0--
Rob GlynnTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Hickory Farmers Market Association Inc
EIN
20-0795942
Address
PO Box 45, Hickory, NC 28603

Signing Officer

Name
Rob Glynn
Title
Treasurer
Signed
2025-04-19
Supplemental Narrative

Additional Explanations

Part I, Line 16

“Other Expenses include operating costs, insurance, and payroll taxes”

Part II, Line 26

“Liabilities at 12/31/2024 and 2023 are amounts due to the Supplemental Nutrition Assistance Program for EBT program.”

Raw XML Appendix115 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Mr Rob Llynn
IRS990EZ/BooksInCareOfDetail/PhoneNum08282344192
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02131 8th St Dr NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hickory
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028601
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt053760
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt045629
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt028684
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3090
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08461
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt053885
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045783
IRS990EZ/GrossReceiptsAmt080290
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038181
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035091
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038137
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035091
IRS990EZ/OccupancyRentUtltsAndMaintAmt0200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt240.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt340.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt25833
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt339778
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0April Vigardt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Carolyn Hightower
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Heather Baker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kimberly Bost
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Rob Glynn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Market Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3former Market Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0125
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0154
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt018001
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Enable city Farmer's Market in Hickory, NC
IRS990EZ/PrintingPublicationsPostageAmt0227
IRS990EZ/ProgramServiceRevenueAmt051606
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Coordinate services and staffing to provide place, marketing, and support for regional farmers and food providers to sell their products in the city of Hickory, NC
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04915
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt056491
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015748
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010692
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083380
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt080290
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Expenses include operating costs, insurance, and payroll taxes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Liabilities at 12/31/2024 and 2023 are amounts due to the Supplemental Nutrition Assistance Program for EBT program.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Rob Glynn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HICKORY FARMERS MARKET ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HICK
ReturnHeader/Filer/EIN0200795942
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 45
ReturnHeader/Filer/USAddress/CityNm0Hickory
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028603
ReturnHeader/ReturnTs02025-04-20T01:54:52Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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