Is German Coast Farmers Market Incorporated Legit?
Quick charity verification for German Coast Farmers Market Incorporated (EIN: 200024612)
Verdict: German Coast Farmers Market Incorporated appears trustworthy
90/100Mission Score
$116KRevenue
$108KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
Consistent revenue growth (from $40,063 in 2017 to $108,453 in 2023)
Zero liabilities reported across all filings
No reported officer compensation (0%)
Steady asset growth (from $56,922 in 2017 to $111,673 in 2023)
Expenses generally below revenue, allowing for asset accumulation
Spending Breakdown
How German Coast Farmers Market Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 German Coast Farmers Market Incorporated
Is German Coast Farmers Market Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, German Coast Farmers Market Incorporated (EIN: 200024612) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is German Coast Farmers Market Incorporated a good charity to donate to?
German Coast Farmers Market Incorporated has a Mission Score of 90/100. Revenue: $116K. Assets: $108K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for German Coast Farmers Market Incorporated?
The Employer Identification Number (EIN) for German Coast Farmers Market Incorporated is 200024612. 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 German Coast Farmers Market Incorporated spend its money?
German Coast Farmers Market Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify German Coast Farmers Market Incorporated's tax-exempt status?
You can verify German Coast Farmers Market Incorporated's tax-exempt status using EIN 200024612 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
German Coast Farmers Market Incorporated demonstrates consistent financial health and growth over the past several years. Revenue has steadily increased from $40,063 in 2017 to $108,453 in 2023, indicating growing support and operational capacity. The organization consistently maintains zero liabilities, reflecting strong financial management and a healthy balance sheet, with assets growing from $56,922 in 2017 to $111,673 in 2023. This suggests a prudent approach to financial stability and asset accumulation.
The organization's spending efficiency appears strong, with expenses generally tracking below revenue, allowing for asset growth. For example, in 2023, expenses were $101,732 against revenues of $108,453. A key indicator of efficiency and transparency is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.
Transparency is generally good given the consistent filing of IRS Form 990s. The absence of officer compensation is a notable transparent aspect. To further enhance transparency, a more detailed breakdown of how expenses are allocated across programs, administration, and fundraising would be beneficial for donors and stakeholders to fully understand where their contributions are going.