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Forsyth Farmers' Market Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461112698 ✦ Savannah, GA ✦ Designated as a 501(c)(3)

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Overview

What is Forsyth Farmers' Market Inc?

Forsyth Farmers' Market Inc, situated in Savannah, Georgia, is a dedicated nonprofit organization. Their primary mission is to promote and foster a local food system that encourages sustainable production and enhances access to local products. Through weekly producer-only markets, they aim to educate the community about the benefits of local produce. This mission, in turn, contributes to improved diet and nutrition, reduced healthcare costs, stronger community interaction, and a more robust local economy. The organization, comprised of 12 employees, operates with a focus on community development.


Official website here: www.forsythfarmersmarket.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 29% (Zero-Star out of Four Stars)

Forsyth Farmers' Market Inc has received a low rating of 29%, primarily due to significant shortcomings in its financial accountability and transparency. While the organization boasts a fully independent board, the lack of financial statements and missing critical policies such as conflict of interest and whistleblower protections greatly detracts from its overall assessment.

The organization demonstrates strengths in governance, with a majority of independent board members and well-documented board meeting minutes. However, the absence of a proper financial reporting structure raises concerns about its fiscal management. The program expense ratio of 40.88% suggests that less than half of its expenses are directed towards its core programs, which may limit its effectiveness.

Overall, while Forsyth Farmers' Market Inc has a strong governance structure, its financial practices and transparency are areas that need significant improvement. The absence of key policies and documentation can undermine stakeholder confidence and hinder the organization's ability to attract support.


This AI summary has been generated from information found on Charity Navigator.

Is Forsyth Farmers' Market Inc legitimate?

Forsyth Farmers' Market Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsyth Farmers' Market 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,075

For more financial information, click here


Official website here: www.forsythfarmersmarket.org

What is the mission statement of Forsyth Farmers' Market Inc?

The mission of Forsyth Farmers' Market Inc is centered around promoting understanding and engagement in a local food system that fosters sustainable production and increases access to local products. By fulfilling this mission, various benefits are expected for the community. These benefits include improved diet and nutrition, reduced healthcare costs, stronger and healthier community interactions, and a stronger local economy. The market aims to contribute positively to the community's well-being and economic vitality.


Official website here: www.forsythfarmersmarket.org

Who is the CEO of Forsyth Farmers' Market Inc?

Dr Deidre Grim is the Executive Di of Forsyth Farmers' Market Inc.


Official website here: www.forsythfarmersmarket.org

What is the revenue of Forsyth Farmers' Market Inc?

Forsyth Farmers' Market Inc's revenue in 2022 was $747,465.


Official website here: www.forsythfarmersmarket.org

Who are the executives of Forsyth Farmers' Market Inc and what are their salaries?

The average compensation at Forsyth Farmers' Market Inc during 2022 was $19,590. There are 12 employees and 215 volunteers at Forsyth Farmers' Market Inc.


Here are 12 key members and their salaries:


Jeb Bush (Executive Di)
  • Compensation: $41,584
  • Related: $0
  • Other: $0
Dr Deidre Grim (Executive Di)
  • Compensation: $19,385
  • Related: $0
  • Other: $0
Louis Brody (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kareem Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nichele Hoskins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Hussey Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kohler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernestine Murry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Seifert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Teague (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Louise Tremblay (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherie Trice (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forsythfarmersmarket.org

Where can I find the form 990 for Forsyth Farmers' Market Inc?

Forsyth Farmers' Market Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.forsythfarmersmarket.org

Learn more at the official website: www.forsythfarmersmarket.org

Mission Statement of Forsyth Farmers' Market Inc

Forsyth Farmers' Market Inc, as an organization, aims to foster a deeper understanding and involvement in a local food system that encourages sustainable production and broadens access to local products. By pursuing this mission, the community at large is set to reap various benefits. These include improved diet and nutrition, reduced healthcare costs, strengthened community interactions, and a more robust local economy. By promoting local food production and access, Forsyth Farmers' Market Inc contributes to a healthier and more self-sufficient community.

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Impact




July, 2024

Forsyth Farmers' Market Inc has a significant impact on the community of Savannah by increasing understanding and participation in a local food system that supports sustainable production and increases access to local products. Through their weekly, producer-only markets and focus on education and community development, they contribute to better diet and nutrition, decreased healthcare costs, stronger and healthier community interaction, and a stronger local economy. The organization plays a vital role in promoting a healthier and more sustainable food system in Savannah, benefiting both residents and the local economy.




This information is meant to be a general summary of Forsyth Farmers' Market 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.

Revenue
$747,465 (2022)
Expenses
$564,493 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $173,463
  • Gross Receipts: $747,465

Assets and Liabilities:

  • Total Assets: $314,937
  • Total Liabilities: $27,075
  • Net Assets: $287,862

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FARM TRUCK INCOME

Revenue

$104,150

VENDOR FEES

Revenue

$59,070

SERVICE FEE

Revenue

$10,243

Organization Details

Founding Year

2012

Principal Officer

Dr Deidre Grim

Main Address

2603 MECHANICS AVE, SAVANNAH, GA, 31404

NTEE Category

Code: K20 - Food

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