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Nonprofit · EIN 20-2974172

FRIENDS OF THE MARKET INC

Tax-exempt · BIRMINGHAM, AL 35205

Financials

$86K$84K2023$104K$87K2024$176K$183K2025
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE MARKET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$175,560$183,136-$7,576$56,706$0$56,706
December 31, 2024990-EZ$103,972$86,754$17,218$64,282$0$64,282
December 31, 2023990-EZ$85,802$83,804$1,998$47,064$0$47,064
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$169,186
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
$6,374
Other revenue
$6,374

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,260
Travel
$2,839
Program services (functional)
$168,380
Management and general (functional)
$14,756

Balance sheet and other

Total assets, start of year
$64,282
Total assets, end of year
$56,706
Total liabilities, end of year
$0
Net assets, end of year
$56,706
Gross receipts
$191,174
Employees
0
Volunteers
21
Year formed
2005
State of legal domicile
AL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CATHERINE SLOSS JONESBOARD CHAIR EMERITUS
Trustee or director, Officer
1.5$0
VALERIE THOMASPRESIDENT
Trustee or director, Officer
1.5$0
FRANK STITTVICE PRESIDENT
Trustee or director, Officer
1.5$0
ALLISON SAVELATREASURER
Trustee or director, Officer
1.5$0
JOHN STEINERSECRETARY
Trustee or director, Officer
1.5$0
RITA MEANSDIRECTOR
Trustee or director
1.5$0
CHERYL MORGANDIRECTOR
Trustee or director
1.5$0
ARLIE POWELLDIRECTOR
Trustee or director
1.5$0
JASON POWELLDIRECTOR
Trustee or director
1.5$0
FRANKLIN BIGGSDIRECTOR
Trustee or director
1.5$0
BECKY SMITHDIRECTOR
Trustee or director
1.5$0
CORY STALLWORTHDIRECTOR
Trustee or director
1.5$0
KATHERINE DAVISDIRECTOR
Trustee or director
1.5$0
ROSCOE HALLDIRECTOR
Trustee or director
1.5$0
PARDIS STITTDIRECTOR
Trustee or director
1.5$0
5 more people on this return
NameTitleHours / weekCompensation
HOLLY TERRELLDIRECTOR
Trustee or director
1.5$0
RAHUL THADANIDIRECTOR
Trustee or director
1.5$0
ROBERT WALTHALLDIRECTOR
Trustee or director
1.5$0
LEILA WATSONDIRECTOR
Trustee or director
1.5$0
JEREMY RASBERRYDIRECTOR
Trustee or director
1.5$0
990-EZ for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
CATHERINE SLOSS JONESBOARD PRESIDENT1.5$0
ROBERT WALTHALLDIRECTOR1.5$0
ALLISON SAVELADIRECTOR1.5$0
FRANKLIN BIGGSDIRECTOR1.5$0
KATHERINE DAVISDIRECTOR1.5$0
HOLLY TERRELLDIRECTOR1.5$0
CHERYL MORGANDIRECTOR1.5$0
ARLIE POWELLDIRECTOR1.5$0
JASON POWELLDIRECTOR1.5$0
BEVERLY SMITHDIRECTOR1.5$0
JOHN STEINERDIRECTOR1.5$0
FRANK STITTDIRECTOR1.5$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
CATHERINE SLOSS JONESBOARD PRESIDENT1.5$0
ROBERT WALTHALLDIRECTOR1.5$0
ALLISON SAVELADIRECTOR1.5$0
FRANKLIN BIGGSDIRECTOR1.5$0
KATHERINE DAVISDIRECTOR1.5$0
HOLLY TERRELLDIRECTOR1.5$0
MICHELE KORFDIRECTOR1.5$0
ARLIE POWELLDIRECTOR1.5$0
JASON POWELLDIRECTOR1.5$0
BEVERLY SMITHDIRECTOR1.5$0
JOHN STEINERDIRECTOR1.5$0
FRANK STITTDIRECTOR1.5$0

Address and contacts

Address (IRS master file)
1130 22ND ST S STE 3500, BIRMINGHAM, AL 35205-2885
In care of
% CATHERINE S CRENSHAW
Mailing address (990-N for 2018)
1130 22ND STREET SOUTH SUITE 3500, BIRMINGHAM AL 35205
Principal officer (990 for 2025)
CATHERINE S JONES, 1130 22ND STREET SOUTH SUITE 3500, BIRMINGHAM, AL 352052883
Principal officer (990-N for 2018)
CATHERINE S JONES, 1130 22ND STREET SOUTH SUITE 3500, BIRMINGHAM AL 352052883
Signed the 990
CATHERINE S JONES, BOARD CHAIR EMERITUS
Phone
(205) 802-2100
Return prepared by
RSM US LLP

Mission

SUPPORT ALABAMA FARMERS AND SMALL BUSINESSES, ENSURING THAT EVERYONE IN THE COMMUNITY HAS ACCESS TO FRESH, HEALTHY FOOD AND KEEP SATURDAY MORNINGS ALIVE WITH FRIENDS, FOOD, AND MUSIC IN DOWNTOWN BIRMINGHAM.

990 for the year ended December 31, 2025

Program accomplishments

  • SPONSOR THE CELEBRATE TRAILS DAY IN CONJUNCTION WITH RAILS TO TRAILS CONSERVANCY.
    Expenses $166,293 · revenue $6,374
  • REIMBURSE FARMERS FOR DOUBLE UP BUCKS FOOD COUPONS USED TO BUY PRODUCE.
    Expenses $2,087

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
20-2974172
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$56,706
Income (IRS master file)
$191,174

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$175,560$183,136$56,706IRS
990-EZDecember 2024$103,972$86,754$64,282IRS
990-EZDecember 2023$85,802$83,804$47,064XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2018
Officer: CATHERINE S JONES
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2974172).

Questions about FRIENDS OF THE MARKET INC

What is the EIN of FRIENDS OF THE MARKET INC?
The employer identification number (EIN) of FRIENDS OF THE MARKET INC is 20-2974172.
Is FRIENDS OF THE MARKET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to FRIENDS OF THE MARKET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE MARKET INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE MARKET INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE MARKET INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FRIENDS OF THE MARKET INC?
The 990 for the year ended December 31, 2025 names CATHERINE S JONES.
Who are the officers and directors of FRIENDS OF THE MARKET INC?
The 990 for the year ended December 31, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE MARKET INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $175,560, expenses of $183,136 and total assets of $56,706 at year end.

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