F2m Texas FY2023 filing

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Operate two farmers' markets benefiting local farmers and the community by hosting and educating producers and consumers to grow a sustainable food system. Both markets offer snap and wic programs for low-income families.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1228692) · Dispute this line
501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
80¢ of each $1 spent went to programs.
$111K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $62K a year · 9% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
80% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 19% of spending
Pay to officers and key staff is 19% of spending.
Part VII, Section A
11.6 mo
of spending, in cash
11.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$11K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
5
of 6 voting members
5 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$606K
-27% vs prior year
Spent
$594K
To programs
80%
Net assets
$579K
By yearFY2020–FY2025
Revenue
$606K
FY2023▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2020$613K
FY2021$602K
FY2022$831K
FY2023$606K
FY2024$626K
FY2025$653K
Expenses
$594K
FY2023▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$563K
FY2021$591K
FY2022$583K
FY2023$594K
FY2024$648K
FY2025$579K
Net assets
$579K
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$308K
FY2021$319K
FY2022$567K
FY2023$579K
FY2024$557K
FY2025$631K

From the FY2023 Form 990 (year ending March 2023) · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2012-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Sep 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $473K Management & general 20% · $121K Fundraising 0% · $120

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $111K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$63,719Pt VII · Sec A
President
$47,300Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Laura McDonald’s $80K as Executive Director is at the 81st percentile of top reported officer pay among 1171 $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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Laura McDonald$80,184$76,416$63,719———
Nena Johnson———$63,757$50,186—
Carla Jenkins$50,000$50,000$47,300$47,300$47,819$47,300
Kate Payne—————$30,258
Evan Driscoll—————$22,500

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.

See F2m Texas executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Operates farmers' markets, connecting local farmers and communities to build a sustainable food system.

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2 programs · $473K · in their own filed words · FY2022
01

Two farmers' market locations provide central texas farmers, ranchers and artisanal food businesses a venue for direct-interaction opportunities while providing the community locally-produced, seasonal foods and educating the public about nutritional, environmental and social implications of eating seasonally and locally.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1228692) · Dispute this line
$467Kprogram expense
02

The austin fermentation festival is a one-day educational event produced by F2M texas that celebrates all things fermented in central texas. The day includes a series of fermentation workshops (covering topics such as sauerkraut, kefir, cheese making, charcuterie, beer, sourdough, vinegars and lacto-fermented vegetables), a community…

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1228692) · Dispute this line
$6Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$606K
Ln 12
Fees for servicesLn 2g$538K
Gifts and grantsLn 1h$41K
Other incomeLn 4–11$27K
Money outPt IX
$594K
Ln 25
Programscol B$473K
Managementcol C$121K
Fundraisingcol D$120
Owns and owesPt X
$579K
net assets · Ln 32
Cash and savingsLn 1–2$576K
Total assetsLn 16$590K
LiabilitiesLn 26$11K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$41K
Government grantsLn 1e$20K
Noncash giftsLn 1g$6K
Fundraising eventsLn 1c$6K
Fees for servicesLn 2g$538K
Investment incomeLn 3$69
Other incomeLn 4–11$27K
Gains on assetsLn 7$4K
Total revenueLn 12$606K
Assets in detailPt X, end of year
CashLn 1$576K
Cash and savings togetherLn 1–2$576K
Land, buildings, equipmentLn 10c$14K
Total assetsLn 16$590K
LiabilitiesLn 26$11K
Net assetsLn 32$579K
OperationsPt I, VI
EmployeesI 542
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$538K$576K
Land, buildings, equipmentLn 10c$18K$14K
Total assetsLn 16$555K$590K
LiabilitiesLn 26−$11K$11K
Net assetsLn 32$567K$579K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Pay of officers and key staff (Part IX, line 5)Ln 5$144K$72K$72K
Other salaries and wagesLn 7$241K$241K
Other employee benefitsLn 9$20K$20K
Payroll taxesLn 10$32K$27K$5K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$19K$19K$87
Office expensesLn 13$2K$690$1K
Information technologyLn 14$5K$386$5K
OccupancyLn 16$39K$39K
TravelLn 17$2K$2K$421
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$12K$955$11K
Other expenses (24a–d)Ln 24$47K$35K$12K$33
All other expensesLn 24e$10K$7K$4K
Total functional expensesLn 25$594K$473K$121K$120

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 9, 2026 $653K$579K$74K$631K 990 PDF
FY2024Filed with the IRS Feb 13, 2025 $626K$648K−$22K$557K 990 PDF
FY2023 ViewingFiled with the IRS Feb 14, 2024 $606K$594K$12K$579K 990 PDF
FY2022Filed with the IRS Feb 6, 2023 $831K$583K$248K$567K 990 PDF
FY2021Filed with the IRS Nov 3, 2021 $602K$591K$11K$319K 990 PDF
FY2020Filed with the IRS Feb 4, 2021 $613K$563K$49K$308K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $606,298 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $186,769$40,743
I-9 Program service revenuePrior year $611,252$538,181
I-10 Investment incomePrior year $116$4,069
I-11 Other revenuePrior year $32,686$23,305
I-12 Total revenuePrior year $830,823$606,298
I-13 Grants and similar amounts paidPrior year $1,500$5,350
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $413,376$436,739
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $167,892$152,160
I-18 Total expensesPrior year $582,768$594,249
I-19 Revenue less expensesPrior year $248,055$12,049
Part VI · Governance 5 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $606,298 across 12 lines filed
Lines not itemized here account for $478 of total revenue; see the IRS return.
VIII-1c Fundraising events$6,337
VIII-1e Government grants$20,000
VIII-1f All other contributions, gifts and grants$14,406
VIII-1g Noncash contributions (included above)$6,337
VIII-1h Total contributions, gifts and grants$40,743
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $538,181$538,181
VIII-3 Investment incomeExcluded from tax $69$69
VIII-6 Net rental income or lossRelated to mission $12,488$12,488
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,000$4,000
VIII-8 Net income from fundraising eventsExcluded from tax −$2,513−$2,513
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $12,852$12,852
VIII-12 Total revenueRelated to mission $563,999 · Unrelated business $0 · Excluded from tax $1,556$606,298
Part IX · Statement of functional expenses $594,249 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $5,350$5,350
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $71,998 · Management $71,997$143,995
IX-7 Other salaries and wagesPrograms $241,071$241,071
IX-9 Other employee benefitsPrograms $19,828$19,828
IX-10 Payroll taxesPrograms $26,660 · Management $5,185$31,845
IX-11c Accounting feesManagement $6,160$6,160
IX-11g Other fees for servicesManagement $5,200$5,200
IX-12 Advertising and promotionPrograms $18,990 · Fundraising $87$19,077
IX-13 Office expensesPrograms $690 · Management $1,237$1,927
IX-14 Information technologyPrograms $386 · Management $4,589$4,975
IX-16 OccupancyPrograms $38,851$38,851
IX-17 TravelPrograms $1,864 · Management $421$2,285
IX-22 Depreciation, depletion and amortizationPrograms $4,051$4,051
IX-23 InsurancePrograms $955 · Management $11,374$12,329
IX-24 Other expenses (24a–d)Programs $35,351 · Management $11,514 · Fundraising $33$46,898
IX-24e All other expensesPrograms $6,789 · Management $3,618$10,407
IX-25 Total functional expensesPrograms $472,834 · Management $121,295 · Fundraising $120$594,249
Part X · Balance sheet $589,865 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $537,562$575,985
X-10c Land, buildings and equipment, netStart of year $17,931$13,880
X-16 Total assetsStart of year $555,493$589,865
X-25 Other liabilitiesStart of year −$11,287$11,036
X-26 Total liabilitiesStart of year −$11,287$11,036
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $566,780$578,829
X-32 Total net assets or fund balancesStart of year $566,780$578,829
X-33 Total liabilities and net assetsStart of year $555,493$589,865
Part XI · Reconciliation of net assets $578,829 net assets at year end
XI-1 Total revenue$606,298
XI-2 Total expenses$594,249
XI-3 Revenue less expenses$12,049
XI-4 Net assets at start of year$566,780
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$578,829

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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