Nonprofit · EIN 86-0931587
PRESCOTT FARMERS MARKET INC
Tax-exempt · PRESCOTT, AZ 86302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $699,452 | $651,870 | $47,582 | $486,189 | $136,037 | $350,152 |
| December 31, 2023 | 990 | $634,505 | $676,467 | -$41,962 | $359,608 | $57,040 | $302,568 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $348,276
- Program service revenue
- $306,364
- Investment income
- $4,655
- Other revenue
- $40,157
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $312,570
- Salaries, compensation and benefits (total)
- $342,918
- Professional fundraising fees
- $0
- Legal fees
- $1,016
- Accounting fees
- $41,431
- Occupancy
- $36,436
- Travel
- $2,612
- Depreciation
- $15,273
- Program services (functional)
- $500,749
- Management and general (functional)
- $116,453
- Fundraising (functional)
- $34,668
Balance sheet and other
- Total assets, start of year
- $359,608
- Total assets, end of year
- $486,189
- Total liabilities, end of year
- $136,037
- Net assets, end of year
- $350,152
- Land, buildings and equipment
- $80,907
- Net assets without donor restrictions
- $316,664
- Net assets with donor restrictions
- $33,488
- Gross receipts
- $699,452
- Employees
- 9
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- AZ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NOVAK A | DIRECTOR Trustee or director, Officer | 1 | $0 |
| WALKER S | TREASURER Trustee or director, Officer | 2 | $0 |
| VAN DEMARK K | VP Trustee or director, Officer | 2 | $0 |
| BURRIS A | DIRECTOR Trustee or director | 1 | $0 |
| HILLER J | DIRECTOR Trustee or director | 1 | $0 |
| HERRMANN L | DIRECTOR Trustee or director | 1 | $0 |
| CHAFFEUR J | SECRETARY Trustee or director | 2 | $0 |
| DUQUE E | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MAYNARD R | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NOVAK A | PRESIDENT Trustee or director, Officer | 1 | $0 |
| WALKER S | TREASURER Trustee or director, Officer | 2 | $0 |
| FAVOUR D | VP Trustee or director, Officer | 1 | $0 |
| VAN DEMARK K | SECRETARY Trustee or director, Officer | 1 | $0 |
| BURRIS A | DIRECTOR Trustee or director | 1 | $0 |
| HILLER J | DIRECTOR Trustee or director | 2 | $0 |
| SCHAFFER J | DIRECTOR Trustee or director | 1 | $0 |
| CHAFFEUR J | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1853, PRESCOTT, AZ 86302-1853
- Principal officer (990 for 2024)
- EARL DUQUE, PO BOX 1853, PRESCOTT, AZ 86302
- Signed the 990
- STEVE WALKER, TREASURER
- Phone
- (928) 713-1227
- Website
- PRESCOTTFARMERSMARKET.ORG
- Return prepared by
- LAVOIE & COMPANY PC
Mission
TO SUPPORT AND EXPAND LOCAL AGRICULTURE, CULTIVATE A HEALTHY COMMUNITY, AND INCREASE ACCESS TO AFFORDABLE LOCAL FOOD.
Program accomplishments
- PROVIDE A MARKET FOR PRODUCERS OF AGRICULTURE TO SELL AND PROVIDE A MARKET FOR THE COMMUNITY TO PURCHASE LOCALLY GROWN AGRICULTURE.Expenses $500,749 · revenue $346,521
- FEED YOUR NEIGHBORS PROGRAM: THROUGH THE FEED YOUR NEIGHBORS PROGRAM, PRESCOTT FARMERS MARKET PURCHASES FRESH PRODUCE, EGGS AND BREAD FROM MARKET VENDORS AND DISTRIBUTES IT TO THOSE IN NEED.
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 | Not 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
- 86-0931587
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K20)
- Assets (IRS master file)
- $486,189
- Income (IRS master file)
- $699,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $699,452 | $651,870 | $486,189 | XML |
| 990 | December 2023 | $634,505 | $676,467 | $359,608 | XML |
| 990 | December 2022 | $706,282 | $616,095 | $398,405 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
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 86-0931587).
Questions about PRESCOTT FARMERS MARKET INC
- What is the EIN of PRESCOTT FARMERS MARKET INC?
- The employer identification number (EIN) of PRESCOTT FARMERS MARKET INC is 86-0931587.
- Is PRESCOTT FARMERS MARKET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to PRESCOTT FARMERS MARKET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRESCOTT 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 PRESCOTT 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 PRESCOTT 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 PRESCOTT FARMERS MARKET INC?
- The 990 for the year ended December 31, 2024 names EARL DUQUE.
- Who are the officers and directors of PRESCOTT FARMERS MARKET INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does PRESCOTT FARMERS MARKET INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $699,452, expenses of $651,870 and total assets of $486,189 at year end.
Other nonprofits in PRESCOTT
- PRESCOTT COMMUNITY CUPBOARD FOOD BANK INC EIN 94-2765898 · last filed 990 for 2025
- AMERICAN IRIS SOCIETY EIN 47-0922820 · last filed 990-N for 2025
- GOD HOME MINISTRIES II EIN 99-3482340 · last filed 990-N for 2025
- PRESCOTT COLLEGE INC EIN 86-0294012 · last filed 990 for 2025
- DEL E WEBB FOUNDATION EIN 86-6052737 · last filed 990-PF for 2025
- TRINITY CHRISTIAN SCHOOL INC EIN 48-1307052 · last filed 990 for 2025
- YAVAPAI HUMANE SOCIETY EIN 86-0327745 · last filed 990 for 2024
- FRIENDS OF THE PRESCOTT PUBLIC LIBRARY EIN 23-7088943 · last filed 990 for 2025
All nonprofits in PRESCOTT · Arizona · Food, agriculture and nutrition