Form 990 for tax year 2024
Filed by GERMAN COAST FARMERS MARKET INCORPORATED.
Totals
- Total revenue
- $115,934
- Total expenses
- $119,172
- Contributions and grants received
- $115,711
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $35
- Other revenue
- $188
- Total assets, end of year
- $108,435
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $108,435
- Program services expenses (Part IX)
- $96,329
- Management and general expenses
- $22,843
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $96,329
Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$2,075
-
1e · Government grants (contributions)
$12,000
-
1f · All other contributions, gifts and grants
$101,636
-
3 · Investment income
total $35 · related or exempt $35
-
10a · Gross sales of inventory
$528
-
10b · Cost of goods sold
$340
-
10c · Net income from sales of inventory
total $188 · related or exempt $188
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $585 · management and general $585
-
11c · Fees: accounting
total $2,408 · management and general $2,408
-
11g · Fees: other
total $19,850 · management and general $19,850
-
12 · Advertising and promotion
total $8,968 · program services $8,968
-
13 · Office expenses
total $1,904 · program services $1,904
-
16 · Occupancy
total $728 · program services $728
-
21 · Payments to affiliates
total $51,966 · program services $51,966
-
23 · Insurance
total $2,450 · program services $2,450
-
24a · Other expenses: CREDIT CARD
total $20,629 · program services $20,629
-
24b · Other expenses: SPECIAL EVENT COSTS
total $8,728 · program services $8,728
-
24c · Other expenses: MISCELLANEOUS
total $897 · program services $897
-
24d · Other expenses: BANK FEES
total $59 · program services $59
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $47,135 · end of year $21,862
-
2 · Savings and temporary cash investments
beginning of year $64,238 · end of year $86,273
-
15 · Other assets
beginning of year $300 · end of year $300
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
TO SERVE AS A COMMUNITY GATHERING PLACE, TOURIST DESTINATION, AND A MARKET FOR A WIDE RANGE OF FRESH VEGETABLES,FRUITS,FLOWERS AND OTHER VALUE-ADDED ITEMS IN THE PARISH OF ST CHARLES
Activities or mission (Part I)
TO SERVE AS A COMMUNITY GATHERING PLACE, TOURIST DESTINATION, AND A MARKET FOR A WIDE RANGE OF FRES VEGETABLES,FRUITS, FLOWERS AND OTHER VALUE-ADDED ITEMS IN THE PARISH OF ST CHARLES
-
TO SERVE AS A COMMUNITY GATHERING PLACE, TOURIST DESTINATION, AND A MARKET FOR A WIDE RANGE OF FRESH VEGETABLES,FRUITS, FLOWERS AND OTHER VALUE-ADDED ITEMS IN THE PARISH OF ST CHARLES
Expenses $96,329
As filed on the 2024 return.
Listed in Part VII
-
Donna NassarDONNA NASSAR
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Ann MontgomeryANN MONTGOMERY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Carmen JohnsonCARMEN JOHNSON
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Terry HolmesTERRY HOLMES
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202500809349300905
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