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Nonprofit · EIN 87-0886187

FRIENDS OF THE ITHACA FARMERS MARKET INC

Tax-exempt · ITHACA, NY 14851

Financials

$134K$118K2023$198K$103K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE ITHACA FARMERS MARKET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$197,670$103,164$94,506$94,506$0$94,506
December 31, 2023990-EZ$133,750$117,872$15,878$30,830–$30,830
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$197,655
of which government grants
$25,500
Program service revenue
$0
Investment income
$15
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$34,796
Legal fees
$7,032
Accounting fees
$768
Management and general (functional)
$68,368
Fundraising (functional)
$34,796

Balance sheet and other

Total assets, start of year
$70,067
Total assets, end of year
$94,506
Total liabilities, end of year
$0
Net assets, end of year
$94,506
Gross receipts
$197,670
Employees
0
Volunteers
20
Year formed
2022
State of legal domicile
NY

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Monika RothBoard President
Trustee or director, Officer
15$0
Jan NormanBoard Member
Trustee or director
1$0
Nancy CraneBoard Member
Trustee or director
2$0
Jennifer WilkinsBoard Treasurer
Trustee or director
3$0
Bob TuoriBoard Member
Trustee or director
1$0
Denise MelitoBoard Member
Trustee or director
1$0
Michael SampsonBoard Member
Trustee or director
1$0
Barbara EdenBoard Vice President
Trustee or director
1$0
Barbara KnuthBoard Member
Trustee or director
1$0
Dominick RecckioBoard Member
Trustee or director
1$0
Paul MazzarellaBoard Member
Trustee or director
1$0
Brien BianchiBoard Member
Trustee or director
1$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Monika RothFriends of IFM Board President30$0
Dominick RecckioFriends of IFM Board Vice President3$0
Jennifer WilkinsFriends of IFM Board Treasurer3$0
Jan Rhodes NormanFriends of IFM Board Member3$0
Christi SobelFriends of IFM Board Member2$0
Nancy CraneFriends of IFM Board Member2$0
Barbara KnuthFriends of IFM Board Member2$0
Barbara EdenFriends of IFM Board Member2$0
Paul MazzarellaFriends of IFM Board Member2$0
Greg ReynoldsFriends of IFM Board Member2$0
Robert TuoriFriends of IFM Board Member2$0

Address and contacts

Address (IRS master file)
PO BOX 285, ITHACA, NY 14851-0285
In care of
% MONIKA ROTH
Mailing address (990-N for 2022)
PO Box 6575, Ithaca NY 14851
Principal officer (990 for 2024)
MONIKA ROTH, 111 WORTH ST, ITHACA, NY 14850
Principal officer (990-N for 2022)
Monika Roth, PO Box 6575, Ithaca NY 14851
Signed the 990
Monika Roth, Board President
Phone
(607) 216-2077

Mission

Extend the community benefit of the Ithaca Farmers Market - supporting a secure food system supporting business development and tourism creating an vibrant place for community gathering. A key role in 2024 has been fundraising for capital improvements at the Farmers Market facility.

990 for the year ended December 31, 2024

Program accomplishments

  • Fundraising for Capital Campaign for parking lot improvements
    Expenses $37,197 · revenue $197,655
  • Two events - campaign launch party on 9 17 24 and Oktoberfest on 10 10 24
    Expenses $1,216 · grants $1,000 · revenue $9,275

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-0886187
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$94,506
Income (IRS master file)
$197,670

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$197,670$103,164$94,506XML
990-EZDecember 2023$133,750$117,872$30,830XML
990-N for 2022
Officer: Monika Roth
December 31, 2022≤ $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 87-0886187).

Questions about FRIENDS OF THE ITHACA FARMERS MARKET INC

What is the EIN of FRIENDS OF THE ITHACA FARMERS MARKET INC?
The employer identification number (EIN) of FRIENDS OF THE ITHACA FARMERS MARKET INC is 87-0886187.
Is FRIENDS OF THE ITHACA FARMERS MARKET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to FRIENDS OF THE ITHACA FARMERS MARKET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE ITHACA FARMERS 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 ITHACA FARMERS MARKET INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE ITHACA FARMERS MARKET INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF THE ITHACA FARMERS MARKET INC?
The 990 for the year ended December 31, 2024 names MONIKA ROTH.
Who are the officers and directors of FRIENDS OF THE ITHACA FARMERS MARKET INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE ITHACA FARMERS MARKET INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $197,670, expenses of $103,164 and total assets of $94,506 at year end.

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