Nonprofit · EIN 83-4587871
MARKET ENTRY FUND
Tax-exempt · SAINT PAUL, MN 55105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $85,669 | $214,907 | -$129,238 | $263,165 | $0 | $263,165 |
| December 31, 2024 | 990 | $486,443 | $210,503 | $275,940 | $392,403 | $0 | $392,403 |
| December 31, 2023 | 990 | $226,959 | $86,074 | $140,885 | $146,463 | $0 | $146,463 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $78,670
- Program service revenue
- $0
- Investment income
- $6,904
- Other revenue
- $95
Expenses
- Grants and similar amounts paid
- $95,000
- Compensation of officers, directors and key employees
- $30,001
- Other salaries and wages
- $9,538
- Salaries, compensation and benefits (total)
- $58,043
- Professional fundraising fees
- $0
- Travel
- $198
- Program services (functional)
- $202,835
- Management and general (functional)
- $7,280
- Fundraising (functional)
- $4,792
Balance sheet and other
- Total assets, start of year
- $392,403
- Total assets, end of year
- $263,165
- Total liabilities, end of year
- $0
- Net assets, end of year
- $263,165
- Net assets without donor restrictions
- $263,165
- Gross receipts
- $85,669
- Employees
- 1
- Volunteers
- 8
- Year formed
- 2019
- State of legal domicile
- MN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAYLA YANG-BEST | PRESIDENT & CEO Officer | 30 | $30,000 |
| BRENDAN KURVERS | BOARD CHAIR Trustee or director, Officer | 0.15 | $0 |
| MALA THAO | TREASURER Trustee or director, Officer | 0.15 | $0 |
| TERRI BARREIRO | SECRETARY Trustee or director, Officer | 0.2 | $0 |
| LORRENE OCCHINO | DIRECTOR Trustee or director | 0.2 | $0 |
| JUNITA FLOWERS | DIRECTOR Trustee or director | 0.12 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAYLA YANG-BEST | PRESIDENT & CEO Officer | 36 | $62,500 |
| BRENDAN KURVERS | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| MALA THAO | TREASURER Trustee or director, Officer | 1 | $0 |
| TERRI BARREIRO | DIRECTOR Trustee or director | 1 | $0 |
| LORRENE OCCHINO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAYLA YANG-BEST | PRESIDENT & CEO Officer | 30 | $48,000 |
| BRENDAN KURVERS | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| MALA THAO | TREASURER Trustee or director, Officer | 1 | $0 |
| TERRI BARREIRO | DIRECTOR Trustee or director | 1 | $0 |
| LORRENE OCCHINO | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1136 GRAND AVE, SAINT PAUL, MN 55105-2628
- In care of
- % KAYLA YANG-BEST
- Principal officer (990 for 2025)
- BRENDAN KURVERS, 1136 GRAND AVE, ST PAUL, MN 55105
- Signed the 990
- BRENDAN KURVERS, BOARD CHAIR
- Website
- HTTP://MARKETENTRYFUND.ORG
- Return prepared by
- CARPENTER EVERT & ASSOCIATES LTD
Mission
THE MARKET ENTRY (TMEF) AIMS TO ADVANCE 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.
Program accomplishments
- 1. MICRO GRANTS PROGRAM, PROVIDED MODEST FINANCIAL SUPPORT TO SMALL FOOD MANUFACTURING BUSINESSES STARTED BY OR OWNED BY UNDER-REPRESENTED AND/OR UNDER-RESOURCED POPULATIONS, SUCH WOMEN, RURAL, AND/OR PEOPLE OF COLOR - OWNED MICRO-ENTERPRISES. ACTIVITIES AND IMPACT INCLUDED: APPX. EIGHT (8) DECISION MEETINGS HELD TOTALING OVER 30 HOURS AND COUNTLESS MEETINGS AND HOURS FOR PLANNING; 65+ SMALL BUSINESSES SERVED, AND 19 MONETARY GRANTS AWARDED, TOTALING $95,000 (OR $5,000/EACH), AND REACHING AT LEAST 10-13 CITIES ACROSS MN, INCLUDING RURAL AND URBAN LOCATIONS AND VARIOUS COMMUNITIES.Expenses $202,835 · revenue $95
- 3. COMMUNITY RETAIL SUPPORT AND 100K ACCELERATOR- FOCUSED ON TRAINING AND LEARNING HOW TO ENTER MARKETS WITH FOOD PRODUCTS FOR THE SAME TARGET POPULATION. SERVED 12 BUSINESSES AND THEIR PACKAGED FOOD PRODUCTS ENTER THE MARKET FOR THE FIRST TIME THROUGH A COMMUNITY RETAIL MODEL - WHICH PROVIDES A SUPPORTIVE RETAIL TRAINING (INCUBATOR) ENVIRONMENT FOR SMALL FOOD MAKERS TO LEARN AND GROW. ALSO SUPPORTED AN ADDITIONAL 40 LOCAL MAKERS THROUGH COMMUNITY RETAIL VIA CONNECTIONS TO OTHER NONPROFITS AND FOOD MARKET TRADESHOWS.
- 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 FOR SMALL FOOD MAKERS TO LEARN AND GROW. SUPPORTED AN ADDITIONAL 50 LOCAL MAKERS THROUGH COMMUNITY RETAIL - IN WHICH RETAIL SUPPORT RESULTED IN HIGHER PRICES FOR THE MAKER; AND ENTRY INTO MORE GROCERY STORE SHELVES AND DISTRIBUTION TO OTHER MULTIPLE STATES.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4587871
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $263,165
- Income (IRS master file)
- $85,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $85,669 | $214,907 | $263,165 | XML |
| 990 | December 2024 | $486,443 | $210,503 | $392,403 | XML |
| 990 | December 2023 | $226,959 | $86,074 | $146,463 | XML |
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 83-4587871).
Questions about MARKET ENTRY FUND
- What is the EIN of MARKET ENTRY FUND?
- The employer identification number (EIN) of MARKET ENTRY FUND is 83-4587871.
- Is MARKET ENTRY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to MARKET ENTRY FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARKET ENTRY FUND 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 MARKET ENTRY FUND 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 MARKET ENTRY FUND 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 MARKET ENTRY FUND?
- The 990 for the year ended December 31, 2025 names BRENDAN KURVERS.
- Who are the officers and directors of MARKET ENTRY FUND?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $30,000 (KAYLA YANG-BEST, PRESIDENT & CEO).
- How much revenue does MARKET ENTRY FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $85,669, expenses of $214,907 and total assets of $263,165 at year end.
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