Homer Farmers Market Inc
Overview
Mission
Support community mkt & sustainable ag
What it reported doing in 2025
Provide a community market to promote local and sustainable agriculture and educate the public on matters of agriculture
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 920176052
- IRS 990-EZ coverage
- 2013–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2012
- Location
- Homer, AK, USA
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Farm Bureau, Grange
Reported finances
- Revenue
- $110,270
- Expenses
- $100,602
- Assets
- $96,770
- Liabilities
- $110
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 16
- Transparency & Controls: 100
- Sustainability: 54
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.2%; rating input score 15
- Program expense ratio: 16.7%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 8.8%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -8.2% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 10% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 15.2% of revenue deployed · 16.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 13 annual filings from 2013 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 15/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.
Leadership & pay
12 people listed
People named in this filing
- Margarida Kondak (Board President)
- Marsha Rouggly (Director)
- Scott Miller (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025.