Smart Food Market

Smart Food Market is a U.S. nonprofit organization, classified as a 501(c)(3) entity. It operates in the category of Food, Agriculture, and Nutrition, specifically within the realm of Food Banks and Food Pantries, as designated by the National Taxonomy of Exempt Entities (NTEE).

Purpose

The organization's primary focus is on distributing wholesome foods to those in need, emphasizing nutritional value and sustainability. It provides essential items such as whole grains, dried beans, healthy oils, seasonal fruits and vegetables, and cooking spices[4].

Financial Overview

In recent years, Smart Food Market has relied heavily on contributions as its primary source of revenue. For example, in the fiscal year ending in 2018, the organization received $209,600 in contributions, which accounted for 100% of its total revenue. Similarly, in 2017, contributions were $245,750, and in 2016, they were $248,710. The organization has reported zero liabilities and has maintained a modest asset base, with total assets ranging from $70,687 to $117,144 over these years[1].

Governance and Operations

As of the last available data, key personnel included Dennis Mudd as President and Pamela Mudd as Secretary, neither of whom received compensation for their roles in the organization[1]. However, detailed information about the current governance structure and board composition is not readily available.

Tax Deductibility

Donations to Smart Food Market are tax-deductible, making it an attractive option for those seeking to financially support reputable nonprofit food distribution efforts[1].