Is Cumberland Farmers Club Legit?

The Cumberland Farmers Club demonstrates a generally healthy financial position with consistent revenue growth and increasing assets over the past several years. In 2023, the organization reported revenues of $1,993,304 against expenses of $1,859,951, indicating a surplus that contributes to asset growth. The club's assets have steadily increased from $863,984 in 2019 to $1,311,523 in 2023, suggesting sound financial management and accumulation of resources. Liabilities remain relatively low, further reinforcing financial stability. The organization appears to be efficient in its operations, as evidenced by the consistent surpluses in recent years. A key aspect of their financial health is the reported 0% officer compensation across all available filings, which indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially enhancing donor confidence regarding administrative overhead. This also suggests a strong dedication to the mission without significant executive salary burdens. Transparency is high given the consistent filing of IRS Form 990s, with 14 filings available. The absence of officer compensation is a notable positive for transparency and efficiency. While specific program spending details are not provided in the summary data, the overall financial trends suggest a well-managed organization with a focus on its mission, supported by a strong financial foundation and minimal liabilities.