The Market Entry (tmef) aims to advance equity and inclusion in local food supply chains. Our mission is to enable traditionally marginalized and underrepresented entrepreneurs who are in food production and manufacturing, to participate equitably in this industry. Specifically, tmef provides technical supports and services, along with micro-grants, and public education/awareness to help small-scale food and beverage manufacturers work through racial, social and economic barriers to their participation and potential in this industry.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$62K 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $96K a year · 36% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
22 mo
of spending, in cash
Looks good: 22.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $302K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$486K
+114% vs prior year
Spent
$211K
To programs
94%
Net assets
$392K
By yearFY2023–FY2025
Revenue
$486K
FY2024▲ +114%
Tap a bar for its year
Revenue by fiscal year
FY2023$227K
FY2024$486K
FY2025$86K
Expenses
$211K
FY2024▲ +145%
Tap a bar for its year
Expenses by fiscal year
FY2023$86K
FY2024$211K
FY2025$215K
Net assets
$392K
FY2024▲ +168%
Tap a bar for its year
Net assets by fiscal year
FY2023$146K
FY2024$392K
FY2025$263K

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2023.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $197K Management & general 4% · $8K Fundraising 2% · $5K

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

5 people listed on the 990; $62K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$62,500Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Kayla Yang-Best$30,000$62,500$48,000

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers underrepresented food entrepreneurs by providing support, grants, and education to overcome industry barriers.

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Provided by the organization

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3 programs · $197K · in their own filed words · FY2024
01

1. Micro grants program, provides modes financial support to small food manufacutirng businesses. Activities and impact included: four (4) meetings held totaling over 10-12 hours, 42 small businesses served, and 12 grants awarded, totaling $84,500 and, reaching at least 12 cities across MN, including rural and urban locations and various…

$197Kprogram expense
02

3. Community retail support and 100k accelerator- focused on training and learning how to enter markets with food products - going beyond the farmer's markets. Served 12 businesses and their packaged food products entered the market through our community retail model - which provides a supportive retail training (incubator) environment…

Pt IX · col B
03

2. Structured network services = providing business and technical assistance to small food manufacturing businesses, included the following activities and impact: at least 13 site visits to measure challenges and needs of small food manufacturing businesses; 1 survey to collect data of existing support services, 4 planning meetings, 1…

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Cla FoundationFY2024$50K
Total grants receivedfrom 5 funders$302K
See all 5 funders →
Grants paid · 2 grants · $34K · 2024–2024
Hoyo SbcFY2024$20,000
Junita's Jar LLCFY2024$14,500

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$486K
Ln 12
Gifts and grantsLn 1h$476K
Investment incomeLn 3$5K
Other incomeLn 4–11$5K
Money outPt IX
$211K
Ln 25
Programscol B$197K
Managementcol C$8K
Fundraisingcol D$5K
Owns and owesPt X
$392K
net assets · Ln 32
Cash and savingsLn 1–2$392K
Total assetsLn 16$392K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$476K
Investment incomeLn 3$5K
Other incomeLn 4–11$5K
Total revenueLn 12$486K
Assets in detailPt X, end of year
CashLn 1$392K
Cash and savings togetherLn 1–2$392K
Total assetsLn 16$392K
LiabilitiesLn 26$0
Net assetsLn 32$392K
OperationsPt I, VI
EmployeesI 51
VolunteersI 68
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$116K$392K
Total assetsLn 16$146K$392K
LiabilitiesLn 26$0$0
Net assetsLn 32$146K$392K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$84K$84K
Pay of current officers, directors and key staffLn 5$57K$51K$3K$2K
Other employee benefitsLn 9$2K$2K$126$75
Payroll taxesLn 10$27K$24K$2K$1K
Accounting feesLn 11c$409$409
Other fees for servicesLn 11g$26K$24K$2K$1K
Office expensesLn 13$5K$4K$284$188
Information technologyLn 14$5K$5K$302$201
TravelLn 17$230$207$14$9
Conferences, conventions and meetingsLn 19$2K$2K$109$70
InsuranceLn 23$2K$1K$94$63
Other expenses (24a–d)Ln 24$404$323$67$14
All other expensesLn 24e$25$23$1$1
Total functional expensesLn 25$211K$197K$8K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $86K$215K−$129K$263K 990 PDF
FY2024 Viewing $486K$211K$276K$392K 990 PDF
FY2023 $227K$86K$141K$146K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $486,443 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $226,959$475,880
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$5,472
I-11 Other revenuePrior year $0$5,091
I-12 Total revenuePrior year $226,959$486,443
I-13 Grants and similar amounts paidPrior year $21,850$84,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $33,852$85,507
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $30,372$40,496
I-18 Total expensesPrior year $86,074$210,503
I-19 Revenue less expensesPrior year $140,885$275,940
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $486,443 across 5 lines filed
VIII-1f All other contributions, gifts and grants$475,880
VIII-1h Total contributions, gifts and grants$475,880
VIII-3 Investment incomeExcluded from tax $5,472$5,472
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,091$5,091
VIII-12 Total revenueRelated to mission $5,091 · Unrelated business $0 · Excluded from tax $5,472$486,443
Part IX · Statement of functional expenses $210,503 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $84,500$84,500
IX-5 Pay of current officers, directors and key staffPrograms $51,153 · Management $3,409 · Fundraising $2,273$56,835
IX-9 Other employee benefitsPrograms $1,774 · Management $126 · Fundraising $75$1,975
IX-10 Payroll taxesPrograms $24,027 · Management $1,601 · Fundraising $1,069$26,697
IX-11c Accounting feesManagement $409$409
IX-11g Other fees for servicesPrograms $23,665 · Management $1,578 · Fundraising $1,052$26,295
IX-13 Office expensesPrograms $4,249 · Management $284 · Fundraising $188$4,721
IX-14 Information technologyPrograms $4,539 · Management $302 · Fundraising $201$5,042
IX-17 TravelPrograms $207 · Management $14 · Fundraising $9$230
IX-19 Conferences, conventions and meetingsPrograms $1,612 · Management $109 · Fundraising $70$1,791
IX-23 InsurancePrograms $1,422 · Management $94 · Fundraising $63$1,579
IX-24 Other expenses (24a–d)Programs $323 · Management $67 · Fundraising $14$404
IX-24e All other expensesPrograms $23 · Management $1 · Fundraising $1$25
IX-25 Total functional expensesPrograms $197,494 · Management $7,994 · Fundraising $5,015$210,503
Part X · Balance sheet $392,403 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $116,463$392,403
X-16 Total assetsStart of year $146,463$392,403
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $116,463$392,403
X-28 Net assets with donor restrictionsStart of year $30,000$0
X-32 Total net assets or fund balancesStart of year $146,463$392,403
X-33 Total liabilities and net assetsStart of year $146,463$392,403
Part XI · Reconciliation of net assets $392,403 net assets at year end
XI-1 Total revenue$486,443
XI-2 Total expenses$210,503
XI-3 Revenue less expenses$275,940
XI-4 Net assets at start of year$146,463
XI-8 Prior period adjustments−$30,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$392,403

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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