Promotes local food production, marketing, and distribution for healthier communities.
For fiscal year 2022 it reported $790K in revenue, $997K in expenses, and $368K in net assets.Pt I
Where the money goes · FY2022
Total revenue
$790K
Pt VIII · Ln 12
Total expenses
$997K
Pt IX · Ln 25
Net assets
$368K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$207K
Where spending went · Part IX cols B–D
62%
21%
17%
Program services $0.62 Management & general $0.21 Fundraising $0.17
Program efficiency
62%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate▲ +162% vs prior filing year
Surplus margin
-26%
revenue over expenses, this year▼ -317% vs prior filing year
Summary of the Filing
Part I · fiscal year 2022 · Form 990
Revenue
$790K
FY2022▼ -35%
$1.4M$719K$0
FY2020FY2022
Expenses
$997K
FY2022▼ -7%
$1.1M$571K$0
FY2020FY2022
Total assets
$519K
FY2022▼ -16%
$647K$324K$0
FY2020FY2022
Total liabilities
$150K
FY2022▲ +254%
$219K$109K$0
FY2020FY2022
Total revenue
$790K
Pt VIII · Ln 12
Total expenses
$997K
Pt IX · Ln 25
Net assets
$368K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$207K
Total assetsPt X · Ln 16$519K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 48
Mission & Programs · Part III
Where the work happens
3 program services account for $623K of program spending, described in the organization's own filed words · FY2022.
01
Market Development
Creating new markets for family farmers is key to building local food systems as more than 99% of agricultural products consumed in united states are purchased through wholesale channels. The organization's current market development initiatives include: 1.FARMER training: familyfarmed has played an important role in helping farmers…
$623Kprogram expense
02
Good Food Expo and Financing & Innovation Conference
Familyfarmed's major annual event to advance the good food movement, began in 2004 as the local organic trade show, the first event of its kind. The event has been foundational in building local food infrastructure and creating lasting relationships that have helped push the good food movement forward.
Pt IX · col B
03
Good Food Accelerator
The good food eccelerator, launched by familyfarmed by 2014, provides competitively selected fellows with a six-month cirriculum, mentoring, strategic and technical support, networking opportunities and access to providers of capital or loans for new or growing good food businesses.
Shelby Parchman’s $133K as CEO
is at the 94th percentile of top reported officer pay among 1981 $100K–1M environment 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 · 2 named individuals · Part VII
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.
Individual Shelby Parchman · Reported title CEO · Highest reported compensation $133K · Total expenses $997K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $698K · Total expenses $997K
70%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
62%
—
—
Overhead ratio
21%
—
—
Fundraising cost ratio
21%
—
—
Revenue growth
-35%
—
—
Legal fee ratio
0%
—
—
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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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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