Civic Intelligence

Farm Fresh Rhode Island Inc

EIN 20-4625643 • 501(c)3 • Providence, RI

Profile

Preserve rhode island farmland and our agricultural and culinary knowledge. Build healthier communities. Increase access to fresher, tastier food. Improve impact of food production and distribution on our environment. Strengthen community-based businesses.

10 Sims AvenueProvidence, RI 02909

www.farmfreshri.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.50x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.25x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

25th percentile

-4.4%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-4.6%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-9.9%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$19,654,212

Down $951,606 (-4.6%) from 2023

Liabilities

Down

$9,838,831

Down $246,912 (-2.4%) from 2023

Net Assets

Down

$9,815,381

Down $704,694 (-6.7%) from 2023

Operations
Liabilities / Revenue83rd percentileNet Margin25th percentile

Revenue

Down

$7,867,556

Down $862,157 (-9.9%) from 2023

Expenses

Up

$8,210,833

Up $894,156 (+12%) from 2023

Net Income

Down

-$343,277

Down $1,756,313 (-124%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$30M$20M$10M$0Assets 2010: $133,975Liabilities 2010: $32,838Net Assets 2010: $101,1372010Assets 2011: $310,615Liabilities 2011: $62,696Net Assets 2011: $247,9192011Assets 2012: $284,360Liabilities 2012: $75,012Net Assets 2012: $209,3482012Assets 2013: $443,132Liabilities 2013: $204,295Net Assets 2013: $238,8372013Assets 2014: $536,156Liabilities 2014: $285,861Net Assets 2014: $250,2952014Assets 2015: $940,901Liabilities 2015: $232,126Net Assets 2015: $708,7752015Assets 2016: $992,736Liabilities 2016: $439,436Net Assets 2016: $553,3002016Assets 2017: $4,222,745Liabilities 2017: $482,300Net Assets 2017: $3,740,4452017Assets 2018: $4,543,931Liabilities 2018: $492,912Net Assets 2018: $4,051,0192018Assets 2019: $10,479,117Liabilities 2019: $5,557,675Net Assets 2019: $4,921,4422019Assets 2020: $11,647,910Liabilities 2020: $5,760,333Net Assets 2020: $5,887,5772020Assets 2021: $19,574,577Liabilities 2021: $10,542,371Net Assets 2021: $9,032,2062021Assets 2022: $19,700,490Liabilities 2022: $10,215,814Net Assets 2022: $9,484,6762022Assets 2023: $20,605,818Liabilities 2023: $10,085,743Net Assets 2023: $10,520,0752023Assets 2024: $19,654,212Liabilities 2024: $9,838,831Net Assets 2024: $9,815,3812024

Highlighted filing

2024

Assets$19,654,212
Liabilities$9,838,831
Net Assets$9,815,381
Open 2024 Filing

Operations Trend

Revenue Growth19th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $471,6582010Revenue 2011: $830,340Expenses 2011: $683,558Net Income 2011: $146,7822011Expenses 2012: $1,148,5862012Revenue 2013: $1,568,774Expenses 2013: $1,539,285Net Income 2013: $29,4892013Revenue 2014: $1,835,641Expenses 2014: $1,793,867Net Income 2014: $41,7742014Revenue 2015: $2,374,631Expenses 2015: $1,916,151Net Income 2015: $458,4802015Revenue 2016: $2,036,428Expenses 2016: $2,191,903Net Income 2016: -$155,4752016Revenue 2017: $5,673,142Expenses 2017: $2,485,997Net Income 2017: $3,187,1452017Revenue 2018: $3,234,564Expenses 2018: $2,923,990Net Income 2018: $310,5742018Revenue 2019: $4,478,560Expenses 2019: $3,608,289Net Income 2019: $870,2712019Revenue 2020: $6,902,078Expenses 2020: $5,935,943Net Income 2020: $966,1352020Revenue 2021: $7,671,925Expenses 2021: $4,900,568Net Income 2021: $2,771,3572021Revenue 2022: $6,182,639Expenses 2022: $5,478,353Net Income 2022: $704,2862022Revenue 2023: $8,729,713Expenses 2023: $7,316,677Net Income 2023: $1,413,0362023Revenue 2024: $7,867,556Expenses 2024: $8,210,833Net Income 2024: -$343,2772024

Highlighted filing

2024

Revenue$7,867,556
Expenses$8,210,833
Net Income-$343,277
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$19,654,212
Liabilities
$9,838,831
Net assets
$9,815,381
Revenue
$7,867,556
Expenses
$8,210,833
Net income
-$343,277
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$9.84$9.82$7.87$8.21$0.34
2023Detailed filing. Detailed filing data is available for this year.$20.6$10.1$10.5$8.73$7.32$1.41
2022Detailed filing. Detailed filing data is available for this year.$19.7$10.2$9.48$6.18$5.48$0.70
2021Detailed filing. Detailed filing data is available for this year.$19.6$10.5$9.03$7.67$4.90$2.77
2020Detailed filing. Detailed filing data is available for this year.$11.6$5.76$5.89$6.90$5.94$0.97
2019Detailed filing. Detailed filing data is available for this year.$10.5$5.56$4.92$4.48$3.61$0.87
2018Detailed filing. Detailed filing data is available for this year.$4.54$0.49$4.05$3.23$2.92$0.31
2017Detailed filing. Detailed filing data is available for this year.$4.22$0.48$3.74$5.67$2.49$3.19
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.44$0.55$2.04$2.19$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.23$0.71$2.37$1.92$0.46
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.29$0.25$1.84$1.79$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.20$0.24$1.57$1.54$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.08$0.21$1.15
2011Summary only. Only limited summary data is available for this year.$0.31$0.06$0.25$0.83$0.68$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.03$0.10$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 17, 2025
Return Version
2024v5.0
Gross Receipts
$8,206,332
Mission and Program Overview

Mission

Preserve rhode island farmland and our agricultural and culinary knowledge. Build healthier communities. Increase access to fresher, tastier food. Improve impact of food production and distribution on our environment. Strengthen community-based businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,193,300$9,193,300→ $0
Savings and Temporary Cash Investments$1,807,880$1,543,422▼ $264,458
Pledges and Grants Receivable$907,684$453,290▼ $454,394
Land, Buildings, and Equipment, Net$215,572$328,919▲ $113,347
Intangible Assets$341,365$324,476▼ $16,889
Cash and Non-Interest-Bearing Accounts$144,509$313,522▲ $169,013
Inventories for Sale or Use$41,801$68,292▲ $26,491
Accounts Receivable$12,889$68,211▲ $55,322
Prepaid Expenses and Deferred Charges$71,241$8,503▼ $62,738
Total Assets$20,605,818$19,654,212▼ $951,606
Other Assets Total$7,869,577$7,352,277▼ $517,300
Liabilities
Other Liabilities$6,844,756$6,774,037▼ $70,719
Mortgage Notes Payable Secured by Investment Property$2,781,162$2,725,719▼ $55,443
Accounts Payable and Accrued Expenses$260,473$200,309▼ $60,164
Deferred Revenue$199,352$138,766▼ $60,586
Total Liabilities$10,085,743$9,838,831▼ $246,912
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,539,717$8,128,946▼ $410,771
Net Assets With Donor Restrictions$1,980,358$1,686,435▼ $293,923
Total Net Assets Fund Balance$10,520,075$9,815,381▼ $704,694
Total Liabilities and Net Assets / Fund Balance$20,605,818$19,654,212▼ $951,606

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$328,919$538,039$866,958
Other Assets Org$96,501--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jesse RyeExecutive DiFT$132,894$9,201$142,095

Board Members and Trustees

NameTitle
John AugerChair
Alison FleetDirector
Angel MendezDirector
Brayden PuddingtonDirector
Kelley McshaneDirector
Kristine MerzDirector
Robert AndreozziDirector
Sheila BrushDirector
Virginia BranchDirector
Sheila BrushSecretary
Jane SabatiniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,082,639
Program Service Revenue
$3,282,479
Investment Income
$189,751
Other Revenue
$312,687
All Other Contributions
$1,455,341
Change in Net Assets
$-343,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,901,832
Salaries, Compensation, and Employee Benefits$3,152,913
Grants and Similar Amounts Paid$1,156,088
Total Fundraising Expense$306,623
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,149,115$123,681$200,376$2,473,172
Grants to Domestic Orgs$1,156,088--$1,156,088
Other Employee Benefits$216,213$42,536$19,976$278,725
Occupancy$266,907$299-$267,206
All Other Expenses$208,394$42,973$4,870$256,237
Payroll Taxes$209,259$11,415$20,280$240,954
Other Expenses$192,585$1,624-$192,585
Insurance$133,419$15,984-$149,403
Fees for Services Other$75,029$66,208$2,824$144,061
Current Officers, Directors, Trustees, and Key Employees$79,991$6,670$46,743$133,404
Travel$99,623$1,119$793$101,535
Depreciation Depletion$100,907--$100,907
Advertising$85,010$973$721$86,704
Interest$71,484--$71,484
Office Expenses$34,428$17,971$2,772$55,171
Fees for Services Legal$5,724$33,137-$38,861
Information Technology$11,176$13,288$4,237$28,701
Pension Plan Contributions$21,257$2,370$3,031$26,658
Fees for Services Accounting-$25,900-$25,900
Total Functional Expenses$7,498,062$406,148$306,623$8,210,833
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Me Federation of Farmers MarketsPittsfield, ME501c3Gusnip Grant$316,613
Good Shepherd Food BankAuburn, ME501c3Gusnip Grant$264,878
Nh Food BankManchester, NH501c3Gusnip Grant$250,991
Vt NofaRichmond, VT501c3Gusnip Grant$216,467
Ct End HungerHartford, CT501c3Gusnip Grant$107,139
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$162,512
Fundraising Direct Expenses$50,477
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rihsc Events$51,453$51,453$17,027$34,426
Asparagus Fest$9,874$9,874-$9,874
Total Events$162,437$162,437$31,614$130,823
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cheryl ZecchinRelative of MgtMarket AssociateNo$8,937
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$6,648,964
Financing Lease Liability - Truck$96,482
Security Deposits Held$28,591
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Based on the audited financial information, the form is reviewed and approved internally by the board before approval.”

Form 990, Page 6, Part VI, Line 12C

“The organization reviews new directors and new officers for any conflicts of interest and also annually monitors compliance with conflict of interest policy for existing directors and officers.”

Form 990, Page 6, Part VI, Line 15A

“The board may employ and appoint an executive director to serve as the chief executive officer (ceo), subject to the direction of the board of directors. The board may choose to have this position shared by two individuals with titles and respective duties as assigned. The ceo(s) will have general charge and management of the affairs of farm fresh ri as determined by the board, including the selection and employment of all staff and management of the budget. At least every two years the board will appoint a committee of directors to establish the compensation and conduct the performance review of the ceo(s). The ceo(s) will attend all meetings of the board unless otherwise directed. The ceo(s) will make reports of the work and affairs of the organization to the board as directed.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Farm Fresh Rhode Island Inc
EIN
20-4625643
Phone
4013124250
Address
10 SIMS AVENUE, PROVIDENCE, RI 02909

Signing Officer

Name
Jesse Rye
Title
Executive Director
Phone
4013124250
Signed
2025-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jesse Rye
Formed
2004
Legal Domicile
Ri
Voting Board Members
12
Independent Board Members
11
Employees
79
Volunteers
30

Preparer

Firm
Wadovick & Company
Address
1300 DIVISION RD STE 104, WEST WARWICK, RI 02893
Preparer
Jeffrey D Wadovick CPA
Phone
4018234004
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Preserve rhode island farmland and our agricultural and culinary knowledge. Build healthier communities. Increase access to fresher, tastier food. Improve impact of food production and distribution on our environment. Strengthen community-based businesses.”

Form 990, Page 2, Part III, Line 4D

“Farm fresh's other programs include communicity education, operating the food hub campus in providence, farmer markets across rhode island, and food system modeling.”

Form 990, Part XI, Line 9

“Book to tax - co-locator rental income 11,199 book to tax - ff realty expense -372,616 book to tax - co-locator rental income 0 total -361,417”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization evaluates all significant tax positions as required by gaap. As of december 31, 2024 and 2023, the organization does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any realized tax benefits that would either increase or decrease within the next twelve months. The organizations income tax returns are subject to examination by the appropriate taxing jurisdictions. As of december 31, 2024, the organizations income tax returns generally remain open for examination for three years from the date filed with each taxing jurisdiction.”

Raw XML AppendixShowing 400 of 673 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.

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IRS990/MissionDesc0PRESERVE RHODE ISLAND FARMLAND AND OUR AGRICULTURAL AND CULINARY KNOWLEDGE. BUILD HEALTHIER COMMUNITIES. INCREASE ACCESS TO FRESHER, TASTIER FOOD. IMPROVE IMPACT OF FOOD PRODUCTION AND DISTRIBUTION ON OUR ENVIRONMENT. STRENGTHEN COMMUNITY-BASED BUSINESSES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0FOOD ACCESS-PART OF FARM FRESH'S MISSION TO INCREASE ACCESS TO HEALTHY FOODS, THE PROGRAM IS PRIMARILY FUNDED THROUGH GRANT AWARDS TO SUBSIDIZE CONSUMER PURCHASES AT FARMER MARKETS. THE GUSNIP GRANT AWARD HAS INCREASED THE SIZE AND VISIBILITY OF THE PROGRAM AS IT SEEKS TO PROMOTE HEALTHY EATING.
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IRS990/ProgSrvcAccomActy3Grp/Desc0MARKET MOBILE-A FARM TO BUSINESS DELIVERY SERVICE THAT SEEKS TO STRENGTHEN THE TIES OF BUSINESS AND THE LOCAL FOOD SYSTEM. THE GOAL OF THE PROGRAM IS TO REBUILD A MORE EFFICIENT LOCAL FOOD DISTRIBUTION SYSTEM THAT HELPS SAVES FARMERS AND BUYERS BOTH TIME AND MONEY. THE PROGRAM ALSO SEEKS TO PROVIDE A PLATFORM FOR DISTRIBUTION OF QUALITY FRESH FOODS INTO UNDERSERVED RHODE ISLAND COMMUNITIES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0FARM FRESH'S OTHER PROGRAMS INCLUDE COMMUNICITY EDUCATION, OPERATING THE FOOD HUB CAMPUS IN PROVIDENCE, FARMER MARKETS ACROSS RHODE ISLAND, AND FOOD SYSTEM MODELING.
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