Consistent asset growth, from $2,236 in 2012 to $12,422 in 2023.
Zero liabilities reported across all 11 filings, indicating strong financial stability.
0% officer compensation, suggesting highly efficient use of funds and volunteer leadership.
Consistent filing of IRS Form 990s over an extended period (11 filings), demonstrating transparency.
Expenses consistently below revenue in most years, allowing for healthy reserves.
Spending Breakdown
How Cumberland Farmers Market allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cumberland Farmers Market
Is Cumberland Farmers Market a legitimate charity?
Based on AI analysis of IRS 990 filings, Cumberland Farmers Market (EIN: 10508306) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Cumberland Farmers Market a good charity to donate to?
Cumberland Farmers Market has a Mission Score of 92/100. Revenue: $11K. Assets: $11K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cumberland Farmers Market?
The Employer Identification Number (EIN) for Cumberland Farmers Market is 10508306. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cumberland Farmers Market spend its money?
Cumberland Farmers Market allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cumberland Farmers Market's tax-exempt status?
You can verify Cumberland Farmers Market's tax-exempt status using EIN 10508306 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
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.