Sfmv INC EIN 27-0926743

Sfmv INC

EIN  27-0926743 Public charity (501(c)(3)) Sarasota, FL Founded 2009
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Connects people downtown through markets and events, boosting local businesses and benefiting the community.
Leadership
Chrystal Benkhardt · Operations Manager · $33K
Money in and out
$252K revenue, $214K expenses
Bottom line
100% program efficiency

Connects people downtown through markets and events, boosting local businesses and benefiting the community. For fiscal year 2025 it reported $252K in revenue, $214K in expenses, and $67K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$252K
Pt VIII · Ln 12
Total expenses
$214K
Pt IX · Ln 25
Net assets
$67K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate▲ +125% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▲ +189% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$252K
FY2025▲ +32%
Expenses
$214K
FY2025▲ +44%
Total assets
$67K
FY2025▲ +1%
Total liabilities
$86
FY2025▼ -89%
Total revenue
$252K
Pt VIII · Ln 12
Total expenses
$214K
Pt IX · Ln 25
Net assets
$67K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$67K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $214K of program spending, described in the organization's own filed words · FY2025.
01

To create social opportunity for residents & visitors to GATHER/INTERACT, bring foot traffic to downtown sarasota, sustain economic viability of downtown AREA,& highlight not-for-profits benefiting sarasota.

$214Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSfmv INC
EINHdr · item D27-0926743
Principal addressHdr · item CSarasota, FL
WebsiteHdr · item Jwww.sarasotafarmersmarket.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFApr 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Operations Manager
$32,560Pt VII · Sec A
Market Manager
$25,385Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Chrystal Benkhardt’s $33K as Operations Manager is at the 33rd percentile of top reported officer pay among 1173 $100K–1M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jean Paul Bouvier$54,038
Amber Rusch$46,004
Jean P Bouvier$45,192
Ciera N Coleman$44,136
Chrystal Benkhardt$32,560$31,250
Jean Bouvier$25,385

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue101%$254K
Contributions & grants$530
— government grantsLn 1e$530
Total revenueLn 12$252K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$214K
Total functional expensesLn 25$214K

Balance Sheet

Part X · end of year
CashLn 1$63K
Total assetsLn 16$67K
Total liabilitiesLn 26$86
Total net assetsLn 32$67K
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $63K · Operating expenses/yr $214K
3.6 months
Where the money goes
Program services
Program services $214K · Total expenses $214K
100%
Management & General
Management & general $0 · Total expenses $214K
0%
Fundraising
Fundraising $0 · Total expenses $214K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $530 · Total revenue $252K
0%
Government reliance
Government grants $530 · Total revenue $252K
0%
Earned-income share
Program service revenue $254K · Total revenue $252K
101%
Investment reliance
Investment income $0 · Total revenue $252K
0%
Program self-sufficiency
Program service revenue $254K · Total expenses $214K
119%
Growth & trend
Revenue growth (YoY)
This year $252K · Prior year $191K
+32%
Revenue CAGR
FY2020 $131K · FY2025 $252K
+14%
Net-asset trend (YoY)
End of year $67K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $252K · Expenses $214K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $67K
Net-asset ratio
Net assets $67K · Total assets $67K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $67K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chrystal Benkhardt · Reported title OPERATIONS MANAGER · Highest reported compensation $33K · Total expenses $214K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $119K · Total expenses $214K
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 32%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$252K revenue · viewing · ⤓ 990 PDF
FY2024$191K revenue · ⤓ 990 PDF
FY2023$192K revenue · ⤓ 990 PDF
FY2022$175K revenue · ⤓ 990 PDF
FY2021$232K revenue · ⤓ 990 PDF
FY2020$131K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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