Charity Search / FONDY FOOD CENTER INC
Food, Agriculture & Nutrition (K990) IRS Verified DX Registered 990 on File

FONDY FOOD CENTER INC

EIN: 31-1751969 · MILWAUKEE, WI 53216-0828 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

The Fondy Food Center connects Greater Milwaukee to local, fresh food – from farm to market to table – so that children learn better, adults live healthier, and communities celebrate cultural food tradition. The organization brings healthy food and economic opportunity to Greater Milwaukee by operating local farmers markets throughout the year; providing access to land, resources and support to small-scale farmers; and building a better food system to improve food security & food justice in our community. Our mission is The Fondy Food Center connects Greater Milwaukee to local, fresh food – from farm to market to table – so that children learn better, adults live healthier, and communities celebrate cultural food tradition

Financial Overview — FY 2024
$689K
Total Revenue
$652K
Total Expenses
$686K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.1%
Fundraising Efficiency 183.9%
Operating Reserve 12.62x
Liability-to-Asset 13.4%
Revenue Diversification 87.6%
Executive Compensation $55K
Compared with Peers
FY 2024
Compared with 1,857 similar organizations (United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
74.1% 89.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
19.8% 7.6%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.1% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
183.9% 13.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
12.6 mo 10.9 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
13.4% 0.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
87.6% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
9.0% 10.3%
P10P90
Expense growth
Year over year expense growth
25.4% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
5.3% 4.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $689K $652K $686K 74.1% 9
2023 $632K $520K $448K 70.0% 9
2022 $485K $508K $337K 60.4% 8
2021 $496K $501K N/A — 12
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Organization Details
EIN
31-1751969
State
WI
City
MILWAUKEE
ZIP
53216-0828
Classification
K990
Category
Food, Agriculture & Nutrition
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2003
Form 990
On File
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