Significant revenue growth, especially from $250,311 in 2022 to $707,806 in 2023.
Consistent 0% officer compensation across all 13 filings, indicating efficient use of funds.
Strong asset accumulation, growing from $51,171 in 2015 to $496,485 in 2023.
Expenses consistently lower than revenue in recent years, demonstrating sound financial management (e.g., $459,398 expenses vs. $707,806 revenue in 2023).
Consistent IRS 990 filing history over 13 periods, indicating transparency and compliance.
Spending Breakdown
How Historic Lewes Farmers Marketsociety 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 Historic Lewes Farmers Marketsociety
Is Historic Lewes Farmers Marketsociety a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Lewes Farmers Marketsociety (EIN: 204131598) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Historic Lewes Farmers Marketsociety a good charity to donate to?
Historic Lewes Farmers Marketsociety has a Mission Score of 90/100. Revenue: $641K. Assets: $522K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Historic Lewes Farmers Marketsociety?
The Employer Identification Number (EIN) for Historic Lewes Farmers Marketsociety is 204131598. 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 Historic Lewes Farmers Marketsociety spend its money?
Historic Lewes Farmers Marketsociety allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Historic Lewes Farmers Marketsociety's tax-exempt status?
You can verify Historic Lewes Farmers Marketsociety's tax-exempt status using EIN 204131598 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
Historic Lewes Farmers Marketsociety demonstrates strong financial health and growth, particularly in its most recent filing period. The organization reported revenue of $707,806 against expenses of $459,398 in 2023, resulting in a significant surplus that contributed to a healthy asset base of $496,485. This represents a substantial increase from previous years, indicating successful fundraising and operational management. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership model, which is a positive indicator of efficient resource allocation and commitment to the mission.
The organization's spending efficiency appears robust, with expenses consistently lower than revenue in recent years, allowing for asset accumulation. The absence of officer compensation further enhances the efficiency of donor dollars. While specific program spending percentages are not detailed in the provided data, the overall financial trajectory suggests a well-managed operation capable of sustaining and expanding its activities. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and regulatory compliance.
Overall, Historic Lewes Farmers Marketsociety exhibits a positive financial outlook, characterized by strong revenue growth, prudent expense management, and a transparent approach to executive compensation. The increasing asset base provides a solid foundation for future operations and mission delivery.