Is Cumberland Farmers Market Legit?

Cumberland Farmers Market demonstrates consistent financial activity, with annual revenues typically ranging between $7,000 and $11,000. The organization consistently reports zero liabilities and zero officer compensation across all available filings, indicating a very lean operational structure and strong financial stability relative to its size. Its assets have shown a steady increase over the years, growing from $2,236 in 2012 to $12,422 in 2023, suggesting effective management of its modest resources and a healthy accumulation of reserves. The organization's spending efficiency appears strong, as expenses are generally well below revenue, allowing for asset growth. For example, in 2023, expenses were $6,647 against revenues of $8,711. The absence of officer compensation simplifies its financial structure and likely contributes to a higher proportion of funds being directed towards its mission. The consistent filing of IRS Form 990s over an extended period (11 filings) also points to a commitment to transparency, even for an organization of its small scale. Overall, Cumberland Farmers Market appears to be a financially sound and transparent small organization, effectively managing its resources to support its mission, likely related to local agriculture given its name. Its consistent financial health and lack of liabilities are positive indicators.