Is Kershaw County Farmers Market Legit? —…

Quick charity verification for Kershaw County Farmers Market (EIN: 113795627)

Spending Breakdown

How Kershaw County Farmers Market allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Kershaw County Farmers Market

Is Kershaw County Farmers Market a legitimate charity?

Based on AI analysis of IRS 990 filings, Kershaw County Farmers Market (EIN: 113795627) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is Kershaw County Farmers Market a good charity to donate to?

Kershaw County Farmers Market has a Mission Score of 85/100. Revenue: $45K. Assets: $153K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kershaw County Farmers Market?

The Employer Identification Number (EIN) for Kershaw County Farmers Market is 113795627. 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 Kershaw County Farmers Market spend its money?

Kershaw County Farmers Market allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kershaw County Farmers Market's tax-exempt status?

You can verify Kershaw County Farmers Market's tax-exempt status using EIN 113795627 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

Kershaw County Farmers Market demonstrates a generally stable financial position with consistent asset levels over the past five years, averaging around $155,000. While revenue has fluctuated significantly, from a low of $21,810 in 2021 to a high of $127,666 in 2022, the organization has managed its expenses, often operating with a surplus, as seen in 2023 where revenue of $48,312 exceeded expenses of $34,451. The substantial increase in liabilities from $0 in 2019 to $75,989 in 2023 warrants further investigation to understand its nature and impact on long-term financial health.

The organization's spending efficiency appears sound, particularly given the absence of officer compensation, suggesting resources are directed towards operational costs. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess the proportion allocated to programs versus administrative or fundraising activities. The consistent asset base, despite revenue volatility, indicates prudent management of existing resources.

Transparency is strong regarding executive compensation, as no officer compensation has been reported across all five filings. However, the lack of detailed expense breakdowns in the provided data limits a full assessment of spending efficiency and program impact. Further transparency on how the $34,451 in expenses in 2023 was allocated would enhance understanding of their operational focus.

Is Kershaw County Farmers Market Legit?

Verdict: Kershaw County Farmers Market appears trustworthy

Red Flags

Strengths