Civic Intelligence

Virginia Farmers Market Association

EIN 46-2453405 • 501(c)3 • Midlothian, VA

Pub. 78 Eligible990-N CoverageNTEE K01

Profile

Support farmers markets through education initiatives, while building opportunities for collaboration, networking, advocacy, and innovation that supports the growth and sustainability of farmers markets statewide.

1421 Midlothian Turnpike 153Midlothian, VA 23113

www.vafma.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.14x

Higher debt load relative to assets than 85% of similar nonprofits.

NTEE K • <$500k nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.05x

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

NTEE K • <$500k nonprofits • Source year 2018

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

NTEE K • <$500k nonprofits • Source year 2018

Top Officer Pay

89th percentile

$13,461

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

NTEE K • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$22,221

No earlier filing loaded for comparison.

Liabilities

$3,184

No earlier filing loaded for comparison.

Net Assets

$19,037

No earlier filing loaded for comparison.

Revenue

$68,559

No earlier filing loaded for comparison.

Expenses

$79,494

No earlier filing loaded for comparison.

Net Income

-$10,935

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2018: $22,221Liabilities 2018: $3,184Net Assets 2018: $19,0372018

Highlighted filing

2018

Assets$22,221
Liabilities$3,184
Net Assets$19,037

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $68,559Expenses 2018: $79,494Net Income 2018: -$10,9352018

Highlighted filing

2018

Revenue$68,559
Expenses$79,494
Net Income-$10,935

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$22.2$3.18$19.0$68.6$79.5$10.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 24, 2019
Return Version
2018v3.1
Gross Receipts
$68,559
Mission and Program Overview

Mission

Support farmers markets through education initiatives, while building opportunities for collaboration, networking, advocacy, and innovation that supports the growth and sustainability of farmers markets statewide.

Program Services

DescriptionGrantsExpenses
VAFMA HAS PARTNERD WITH THE FARMERS MARKET COALITION TO EMPOWER FARMERS MARKET MANAGERS TO COLLECT, ANALYZE AND SHARE DATA ON THE IMPACTS OF THEIR MARKETS. VAFMA CONTRACTED WITH A METRICS COORDINATOR TO HELP SIX REGIONAL FARMERS MARKEST TO COLLECT DATA. THIS PROGRAM BENEFITED OVER 10,000 PEOPLE.-$22,907
VAFMA'S CONFERENCE IS A TWO DAY EVENT THAT FEAUTRES COMPREHENSIVE LEARNING EXPERIENCES FOR BOTH BEGINNING AND EXPERIENCED MARKET MANAGERS. WE BRING IN KEY STAKEHOLDERS FROM AROUND THE STATE TO PARTICIPATE IN WORKSHOPS AND TRAINING.-$19,164
OUR FARMERS MARKET CERTIFICATION PROGRAM IS A 14 WEEK CURRICULUM THAT IS AN ENGAGING, STUDENT-CENTERED LEARNING EXPERIENCE ADDRESSING REAL WORLD MARKET ISSUES. PROGRAM PARTICIPANTS WHO COMPLETED THE PROGRAM RECEIVED A CERTIFICATE AND THE TITLE OF CERTIFED MARKET MANAGER. WE HAD 27 GRADUATES OUR FIRST YEAR.-$3,691
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIM HUTCHINSONExecutive DiPT$13,461-$13,461
CANDICE DODDPresidentPT$0--
LISA DEARDENTreasurer-$0--
TRACY HERNER FREYVice PresidePT$0--
JUSTIN MCKENZIEDirector-$0--
STANLEY JONES IIIDirector-$0--
KIMBERLY USRYDirector-$0--
MEREDITH LEDLIE JOHNSONSecretary-$0--
CHELSEA ROSENBERRYDirector-$0--
ELIZABETH MELSONDirector-$0--
KATHLEEN REEDDirector-$0--
DON OWENSDirector-$0--
CHERYL BURSCHDirector-$0--
LINDSEY KEENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Farmers Market Association
EIN
46-2453405
Address
1421 MIDLOTHIAN TURNPIKE 153, MIDLOTHIAN, VA 23113

Signing Officer

Name
Kim Hutchinson
Title
Executive Director
Phone
8044053288
Signed
2019-04-24
Discuss with paid preparer
Yes

Preparer

Firm
Sima Accounting Group LLC
Address
PO BOX 31658, RICHMOND, VA 23294
Preparer
F Stephen Fishel CPA
Phone
8042855700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 89 license and permits 75 supplies 243 dues and subscriptions 100 mmc program 2,907 merchant fees 525 website 3,568 state fair expense 5,294 continuing education 100 miscellaneous office expenses 404 software 30 training and education 723 parking 63 conference 19,164 retreat 3,691 950 total 37,926

Form 990-ez, Part II, Line 24

Accounts receivable 0 20 total 0 20

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 809 deferred revenue 2,500 2,375

Form 990-ez, Part III

Support farmers markets through education initiatives, while building opportunities for collaboration, networking, advocacy, and innovation that supports the growth and sustainability of farmers markets statewide.

Form 990-ez, Part III, Line 28

Vafma has partnerd with the farmers market coalition to empower farmers market managers to collect, analyze and share data on the impacts of their markets. Vafma contracted with a metrics coordinator to help six regional farmers markest to collect data. This program benefited over 10,000 people.

Form 990-ez, Part III, Line 29

Our farmers market certification program is a 14 week curriculum that is an engaging, student-centered learning experience addressing real world market issues. Program participants who completed the program received a certificate and the title of certifed market manager. We had 27 graduates our first year.

Form 990-ez, Part III, Line 30

Vafma's conference is a two day event that feautres comprehensive learning experiences for both beginning and experienced market managers. We bring in key stakeholders from around the state to participate in workshops and training.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 89 LICENSE AND PERMITS 75 SUPPLIES 243 DUES AND SUBSCRIPTIONS 100 MMC PROGRAM 2,907 MERCHANT FEES 525 WEBSITE 3,568 STATE FAIR EXPENSE 5,294 CONTINUING EDUCATION 100 MISCELLANEOUS OFFICE EXPENSES 404 SOFTWARE 30 TRAINING AND EDUCATION 723 PARKING 63 CONFERENCE 19,164 RETREAT 3,691 950 TOTAL 37,926
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPORT FARMERS MARKETS THROUGH EDUCATION INITIATIVES, WHILE BUILDING OPPORTUNITIES FOR COLLABORATION, NETWORKING, ADVOCACY, AND INNOVATION THAT SUPPORTS THE GROWTH AND SUSTAINABILITY OF FARMERS MARKETS STATEWIDE.
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