Overview
What is Fondy Food Center Inc?
Fondy Food Center Inc is a nonprofit organization situated in Milwaukee, Wisconsin, with a mission to enhance access to healthy, local food and economic opportunities across the greater Milwaukee area. Established in 2000, the organization operates local farmers markets throughout the year, providing a platform for small-scale farmers. Fondy Food Center also offers land, resources, and support to these farmers, aiming to improve food security and food justice within the community. The organization has grown significantly over the past decade, evolving from just one farmers market to a network that promotes food system changes with multi-sector partners. In 2021, Fondy Food Center supported over a hundred vendors and thousands of shoppers through its two markets, Fondy Farmers Market and Milwaukee Winter Farmers Market. The Fondy Food Center's mission extends to launching initiatives such as the Fondy Farm Project, which supports low-resource farmers, and the Milwaukee Farmers Market Coalition, which connects more low-income consumers to farmers markets in the Milwaukee area. The organization's markets not only provide fresh, locally grown food but also serve as community gathering spaces, fostering connections among shoppers, producers, and artists.
Official website here: www.fondymke.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating
Fondy Food Center Inc has achieved an impressive score of 93%, reflecting strong financial health and accountability measures. This rating is based entirely on the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible management of resources. The majority of the board members are independent, and there have been no reported asset diversions, indicating a well-governed entity.
The organization scored full marks in several key areas, including having a conflict of interest policy and a whistleblower policy, which underscores its dedication to ethical practices. Additionally, the documentation of board meeting minutes is maintained, contributing to its transparency as a nonprofit. The liabilities to assets ratio stands at a healthy 43.82%, suggesting that the organization is effectively managing its debts relative to its assets.
However, while Fondy Food Center's program expense ratio is commendable at 66.75%, it falls slightly short of the maximum score in that category. This indicates a room for improvement in the allocation of its funding towards direct programmatic activities. Overall, the strong rating and comprehensive accountability measures reflect a well-organized nonprofit that is likely making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Fondy Food Center Inc legitimate?
Fondy Food Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fondy Food Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $109,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,383
For more financial information, click here
Official website here: www.fondymke.org
What is the mission statement of Fondy Food Center Inc?
Fondy Food Center Inc's mission is centered around connecting communities to fresh, local food. Specifically, they aim to bridge the gap from farm to table, with the objective of improving public health, strengthening local economies, protecting the environment, and serving as a community gathering space. To accomplish this, Fondy Food Center operates local farmers markets year-round, provides resources and support to small-scale farmers, and works towards improving food security and food justice in the community. The organization was founded in response to food security and system assessments that identified areas of hunger, poverty, and reliance on emergency food pantries, and it has grown significantly over the past decade to include strategic food system changes with multi-sector partners. In 2021, Fondy Food Center supported over a hundred vendors and thousands of shoppers at its two markets: Fondy Farmers Market and Milwaukee Winter Farmers Market.
Official website here: www.fondymke.org
Who is the CEO of Fondy Food Center Inc?
Venice Williams is the Principal Officer of Fondy Food Center Inc.
Official website here: www.fondymke.org
What is the revenue of Fondy Food Center Inc?
Fondy Food Center Inc's revenue in 2022 was $485,245.
Official website here: www.fondymke.org
Who are the executives of Fondy Food Center Inc and what are their salaries?
The average compensation at Fondy Food Center Inc during 2022 was $19,937. There are 8 employees and 50 volunteers at Fondy Food Center Inc.
Here are 11 key members and their salaries:
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- Other: $1,250
- Compensation: $48,915
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- Other: $1,534
Official website here: www.fondymke.org
Where can I find the form 990 for Fondy Food Center Inc?
Fondy Food Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fondymke.org
Learn more at the official website: www.fondymke.org
Mission Statement of Fondy Food Center Inc
Fondy Food Center Inc, a nonprofit organization established in 2000, is dedicated to connecting Greater Milwaukee with local, fresh food - from farm to table. Their mission is multifaceted, aiming to enhance access to healthy, locally grown food and economic opportunities across the region. Fondy operates local farmers markets throughout the year, providing a platform for small-scale farmers to sell their produce. Additionally, the organization offers land, resources, and support to these farmers, contributing to a better food system and improving food security and food justice in the community.
Beyond farmers markets, Fondy Food Center Inc has expanded its reach and impact through various initiatives. In 2010, they launched the Fondy Farm Project, which supports low-resource farmers by providing them with the necessary resources and assistance to operate successful businesses. Furthermore, in 2015, Fondy launched the Milwaukee Farmers Market Coalition - a city-wide initiative that connects more low-income consumers to more farmers markets in the Milwaukee area. This commitment to fostering a healthy, local food system has positioned Fondy Food Center Inc as a leader in the industry, with their Milwaukee Farmers Market being recognized as a key community gathering space and a national leader in connecting with low-income and diverse consumers.
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Impact
July, 2024
The Fondy Food Center Inc's impact is significant in connecting Greater Milwaukee to local, fresh food from farm to table. By operating local farmers markets throughout the year, providing access to land, resources, and support to small-scale farmers, and building a better food system, Fondy increases access to healthy, local food and economic opportunity across the community. This organization plays a crucial role in improving food security and food justice in the area by addressing issues of hunger, poverty, and dependence on emergency food pantries. Fondy's initiatives, such as the Fondy Farmers Market and the Milwaukee Winter Farmers Market, support hundreds of vendors and thousands of shoppers annually, contributing to public health, strengthening the local economy, protecting the environment, and serving as community gathering spaces. Through strategic partnerships and initiatives like the Fondy Farm Project and the Milwaukee Farmers Market Coalition, Fondy is driving positive food systems change and improving access to healthy, local food for all residents of Greater Milwaukee.
This information is meant to be a general summary of Fondy Food Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Program Service Revenue: $76,279
- Gross Receipts: $500,810
Assets and Liabilities:
- Total Assets: $599,567
- Total Liabilities: $262,751
- Net Assets: $336,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARMERS MARKET STALL
Revenue
$64,804
ADMINISTRATIVE FEES
Revenue
$11,475
Organization Details
Founding Year
2000
Phone
(414) 562-2282Principal Officer
Venice Williams
Main Address
2102 W FOND DU LAC AVENUE, MILWAUKEE, WI, 53206
Website
www.fondymke.orgNTEE Category
Code: K990 - Food
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