Bellevue Farmers Market
Bellevue Farmers Market maintains stable operations with volunteer leadership and occasional operating deficits.
EIN: 200867594 · Bellevue, WA · NTEE: K40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $166K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $150,000. |
| Net Assets | $42K |
| Transparency Score | 85/100 |
Is Bellevue Farmers Market Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bellevue Farmers Market directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bellevue Farmers Market
Bellevue Farmers Market (EIN: 200867594) is a nonprofit organization based in Bellevue, WA, classified under NTEE code K40. The organization reported total revenue of $158K and total assets of $170K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bellevue Farmers Market's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bellevue Farmers Market is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $166K |
| Surplus / Deficit | $-22,920 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -16.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Bellevue Farmers Market reported a deficit of $23K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Bellevue Farmers Market's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | +5.4% | -35.2% |
| 2022 | +21.3% | +39.7% | -8.1% |
| 2021 | -2.9% | +15.2% | +21.3% |
| 2020 | +10.0% | -20.8% | +113.2% |
| 2019 | +4.6% | -8.6% | -19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bellevue Farmers Market with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bellevue Farmers Market allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with annual revenues around $150,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bellevue Farmers Market's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 and 2022), indicating expenses exceeding revenue.
Strengths
The following positive indicators were identified for Bellevue Farmers Market:
- 0% officer compensation, indicating highly efficient use of funds and volunteer leadership.
- Consistent filing of IRS 990s over 13 periods, demonstrating strong transparency.
- Minimal liabilities across all reported periods, indicating sound financial management.
- Healthy asset base relative to its annual operating budget, providing financial stability.
Frequently Asked Questions about Bellevue Farmers Market
Is Bellevue Farmers Market a legitimate charity?
Bellevue Farmers Market (EIN: 200867594) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $158K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Bellevue Farmers Market spend its money?
Bellevue Farmers Market directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bellevue Farmers Market tax-deductible?
Bellevue Farmers Market is registered as a tax-exempt nonprofit (EIN: 200867594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bellevue Farmers Market CEO make?
Bellevue Farmers Market's highest-compensated officer earns $150,000. annually. The organization reported $158K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Bellevue Farmers Market compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bellevue Farmers Market is above average for NTEE category K40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bellevue Farmers Market located?
Bellevue Farmers Market is headquartered in Bellevue, Washington and files with the IRS under EIN 200867594. It is classified under NTEE code K40.
How many years of IRS 990 filings does Bellevue Farmers Market have?
Bellevue Farmers Market has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $158K in total revenue.
Is Bellevue Farmers Market a good charity?
Yes, Bellevue Farmers Market appears to be a good charity. It demonstrates strong program focus, evidenced by 0% officer compensation, and consistent financial transparency through its regular IRS 990 filings. While it has experienced some operational deficits in recent years, its overall financial health, low liabilities, and volunteer leadership are positive indicators.
How does Bellevue Farmers Market manage its finances given recent deficits?
Despite experiencing operational deficits in 2023 ($22,920) and 2022 ($5,659), Bellevue Farmers Market maintains a healthy asset base (e.g., $42,124 in 2023) and very low liabilities, suggesting it can cover short-term shortfalls and manage its cash flow effectively, likely drawing from reserves built in prior profitable years like 2021 and 2020.
What is the trend in Bellevue Farmers Market's revenue and expenses?
Bellevue Farmers Market's revenue and expenses have generally increased over the past decade, with both typically ranging from $100,000 to $160,000 annually. While revenue has grown, expenses have sometimes outpaced it in recent years, leading to small operational deficits.
Filing History
IRS 990 filing history for Bellevue Farmers Market showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bellevue Farmers Market's revenue has grown by 14.5%, moving from $125K to $143K. Total assets increased by 48.9% over the same period, from $28K to $42K. Total functional expenses rose by 47.6%, from $112K to $166K. In its most recent filing year (2023), Bellevue Farmers Market reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143K | $166K | $42K | $0 | — | — |
| 2022 | $152K | $157K | $65K | $0 | — | View 990 |
| 2021 | $125K | $113K | $71K | $46 | — | View 990 |
| 2020 | $129K | $98K | $58K | $44 | — | View 990 |
| 2019 | $117K | $123K | $27K | $118 | — | View 990 |
| 2018 | $112K | $135K | $34K | $435 | — | View 990 |
| 2017 | $106K | $107K | $59K | $3K | — | View 990 |
| 2016 | $111K | $85K | $63K | $5K | — | View 990 |
| 2015 | $127K | $117K | $34K | $2K | — | View 990 |
| 2014 | $138K | $132K | $24K | $3K | — | View 990 |
| 2013 | $108K | $122K | $17K | $2K | — | View 990 |
| 2012 | $117K | $114K | $31K | $1K | — | View 990 |
| 2011 | $125K | $112K | $28K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $143K, expenses of $166K, and assets of $42K (revenue -5.8% year-over-year).
- 2022: Revenue of $152K, expenses of $157K, and assets of $65K (revenue +21.3% year-over-year).
- 2021: Revenue of $125K, expenses of $113K, and assets of $71K (revenue -2.9% year-over-year).
- 2020: Revenue of $129K, expenses of $98K, and assets of $58K (revenue +10.0% year-over-year).
- 2019: Revenue of $117K, expenses of $123K, and assets of $27K (revenue +4.6% year-over-year).
- 2018: Revenue of $112K, expenses of $135K, and assets of $34K (revenue +5.8% year-over-year).
- 2017: Revenue of $106K, expenses of $107K, and assets of $59K (revenue -4.6% year-over-year).
- 2016: Revenue of $111K, expenses of $85K, and assets of $63K (revenue -12.9% year-over-year).
- 2015: Revenue of $127K, expenses of $117K, and assets of $34K (revenue -7.7% year-over-year).
- 2014: Revenue of $138K, expenses of $132K, and assets of $24K (revenue +28.0% year-over-year).
- 2013: Revenue of $108K, expenses of $122K, and assets of $17K (revenue -7.9% year-over-year).
- 2012: Revenue of $117K, expenses of $114K, and assets of $31K (revenue -6.2% year-over-year).
- 2011: Revenue of $125K, expenses of $112K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bellevue Farmers Market:
Data Sources and Methodology
This transparency report for Bellevue Farmers Market is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.