F2m Texas EIN 27-1228692 Form 990 (PDF) Claim this org

F2m Texas FY2024 filing

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Operates farmers' markets, connecting local farmers and communities to build a sustainable food system. For fiscal year 2024 it reported $626K in revenue, $648K in expenses, and $557K in net assets.Pt I

Type
Membership association · Food & Agriculture
Location
Austin, TX
Website
texasfarmersmarket.org
Filings
6 on file (2020–2024)
Revenue
$626KFY2024
Expenses
$648K
Net assets
$557K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-1228692 Membership association Austin, TX
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Operates farmers' markets, connecting local farmers and communities to build a sustainable food system.
Leadership
Laura McDonald · Executive Director · $76K
Money in and out
$626K revenue, $648K expenses
Bottom line
-3% operating surplus
Membership & operating revenue · FY2024
Total revenue
$626K
Pt VIII · Ln 12
Total expenses
$648K
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19 Fundraising $0.00
Operating surplus
-3%
revenue over expenses
Earned revenue
91%
of revenue from program services & dues
Payroll share
74%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$626K
FY2024▲ +3%
Expenses
$648K
FY2024▲ +9%
Total assets
$567K
FY2024▼ -4%
Total liabilities
$9K
FY2024▼ -16%
Total revenue
$626K
Pt VIII · Ln 12
Total expenses
$648K
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$567K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services account for $523K of program spending, described in the organization's own filed words · FY2023.
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.

$523Kprogram 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…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CF2m Texas
EINHdr · item D27-1228692
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jtexasfarmersmarket.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$76,416Pt VII · Sec A
President
$50,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 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 · 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.

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Statement of Revenue

Part VIII
Program service revenue$570K · 91%
Contributions & grants$34K · 5%
Other revenue$23K · 4%
Program service revenue91%$570K
Contributions & grants5%$34K
Other revenue4%$23K
Investment income$69
Total revenueLn 12$626K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19 Fundraising $0.00
Program services81%$523K
Management & general19%$125K
Fundraising$69
Total functional expensesLn 25$648K

Balance Sheet

Part X · end of year
CashLn 1$549K
Total assetsLn 16$567K
Total liabilitiesLn 26$9K
Total net assetsLn 32$557K
Months of cash on handcomputed10.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $549K · Operating expenses (Pt IX) $648K · Less non-cash grants $4K · Cash operating expenses/yr $644K
10.2 months
Where the money goes
Program services
Program services $523K · Total expenses $648K
81%
Management & General
Management & general $125K · Total expenses $648K
19%
Fundraising
Fundraising $69 · Total expenses $648K
0.01%
Cost to raise $1
Fundraising expense (3-yr avg) $113 · Solicited contributions (3-yr avg) $25K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $34K · Total revenue $626K
5%
Government reliance
Government grants — · Total revenue $626K
Earned-income share
Program service revenue $570K · Total revenue $626K
91%
Investment reliance
Investment income $69 · Total revenue $626K
+0.01%
Program self-sufficiency
Program service revenue $570K · Total expenses $648K
88%
Growth & trend
Revenue growth (YoY)
This year $626K · Prior year $606K
+3%
Revenue CAGR
FY2019 $613K · FY2023 $626K
+0.5%
Net-asset trend (YoY)
End of year $557K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $626K · Expenses $648K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $567K
Net-asset ratio
Net assets $557K · Total assets $567K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $567K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura McDonald · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $76K · Total expenses $648K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $480K · Total expenses $648K
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Fundraising cost ratio 0.2%
Revenue growth 3%
Accounting fee ratio 2%

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.

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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)$653K revenue · ⤓ 990 PDF
FY2024$626K revenue · viewing · ⤓ 990 PDF
FY2023$606K revenue · ⤓ 990 PDF
FY2022$831K revenue · ⤓ 990 PDF
FY2021$602K revenue · ⤓ 990 PDF
FY2020$613K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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