Cumberland Farmers Club

Cumberland Farmers Club shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 10224718 · Cumberland, ME · NTEE: N52 · Updated: 2026-03-28

$2.4MRevenue

$1.6MAssets

85/100Mission Score (Excellent)

N52

About Cumberland Farmers Club

Cumberland Farmers Club (EIN: 10224718) is a nonprofit organization based in Cumberland, ME, classified under NTEE code N52. The organization reported total revenue of $2.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cumberland Farmers Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Cumberland Farmers Club demonstrates a generally healthy financial position with consistent revenue growth and increasing assets over the past several years. In 2023, the organization reported revenues of $1,993,304 against expenses of $1,859,951, indicating a surplus that contributes to asset growth. The club's assets have steadily increased from $863,984 in 2019 to $1,311,523 in 2023, suggesting sound financial management and accumulation of resources. Liabilities remain relatively low, further reinforcing financial stability.

The organization appears to be efficient in its operations, as evidenced by the consistent surpluses in recent years. A key aspect of their financial health is the reported 0% officer compensation across all available filings, which indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially enhancing donor confidence regarding administrative overhead. This also suggests a strong dedication to the mission without significant executive salary burdens.

Transparency is high given the consistent filing of IRS Form 990s, with 14 filings available. The absence of officer compensation is a notable positive for transparency and efficiency. While specific program spending details are not provided in the summary data, the overall financial trends suggest a well-managed organization with a focus on its mission, supported by a strong financial foundation and minimal liabilities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cumberland Farmers Club 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Cumberland Farmers Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly favorable for resource allocation.

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.

Strengths

The following positive indicators were identified for Cumberland Farmers Club:

Consistent revenue growth, from $78,739 in 2019 to $1,993,304 in 2023.
Steady increase in assets, reaching $1,311,523 in 2023.
0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Low liabilities relative to assets and revenue, suggesting strong financial management.
Consistent surplus in recent years (e.g., $133,353 in 2023), contributing to asset growth.

Frequently Asked Questions about Cumberland Farmers Club

Is Cumberland Farmers Club a good charity?

Based on the provided financial data, the Cumberland Farmers Club appears to be a well-managed organization with strong financial health, consistent revenue growth, increasing assets, and no reported officer compensation, which are all positive indicators.

How has the organization's revenue trended over time?

The organization has shown significant revenue growth, particularly from $78,739 in 2019 to $1,993,304 in 2023, indicating substantial expansion in its financial activities.

What is the organization's asset growth like?

Assets have steadily increased from $863,984 in 2019 to $1,311,523 in 2023, demonstrating a healthy accumulation of resources and financial stability.

Are there any concerns about liabilities?

Liabilities are consistently low relative to assets and revenue, with the highest reported being $134,483 in 2015, and only $5,429 in 2023, indicating minimal financial risk from debt.

Filing History

IRS 990 filing history for Cumberland Farmers Club showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Cumberland Farmers Club's revenue has grown by 96.7%, moving from $1.0M to $2.0M. Total assets increased by 40.5% over the same period, from $934K to $1.3M. Total functional expenses rose by 88.8%, from $985K to $1.9M. In its most recent filing year (2023), Cumberland Farmers Club reported a surplus of $133K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.0M	$1.9M	$1.3M	$5K	—	—
2022	$2.1M	$1.8M	$1.2M	$21K	—	View 990
2021	$1.4M	$1.4M	$957K	$94K	—	View 990
2020	$429K	$289K	$979K	$52K	—	View 990
2019	$79K	$59K	$864K	$17K	—	View 990
2019	$1.4M	$1.4M	$848K	$21K	—	View 990
2018	$1.3M	$1.3M	$1.0M	$94K	—	View 990
2017	$1.1M	$1.0M	$965K	$103K	—	View 990
2016	$1.1M	$1.1M	$922K	$117K	—	View 990
2015	$1.1M	$1.1M	$979K	$134K	—	View 990
2014	$1.2M	$1.1M	$1.1M	$139K	—	View 990
2013	$1.1M	$1.1M	$938K	$156K	—	View 990
2012	$1.0M	$1.0M	$905K	$173K	—	View 990
2011	$1.0M	$985K	$934K	$198K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.0M, expenses of $1.9M, and assets of $1.3M (revenue -3.8% year-over-year).
2022: Revenue of $2.1M, expenses of $1.8M, and assets of $1.2M (revenue +53.4% year-over-year).
2021: Revenue of $1.4M, expenses of $1.4M, and assets of $957K (revenue +214.7% year-over-year).
2020: Revenue of $429K, expenses of $289K, and assets of $979K (revenue +445.1% year-over-year).
2019: Revenue of $79K, expenses of $59K, and assets of $864K (revenue -94.2% year-over-year).
2019: Revenue of $1.4M, expenses of $1.4M, and assets of $848K (revenue +7.7% year-over-year).
2018: Revenue of $1.3M, expenses of $1.3M, and assets of $1.0M (revenue +18.6% year-over-year).
2017: Revenue of $1.1M, expenses of $1.0M, and assets of $965K (revenue -5.8% year-over-year).
2016: Revenue of $1.1M, expenses of $1.1M, and assets of $922K (revenue +5.7% year-over-year).
2015: Revenue of $1.1M, expenses of $1.1M, and assets of $979K (revenue -10.3% year-over-year).
2014: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue +7.1% year-over-year).
2013: Revenue of $1.1M, expenses of $1.1M, and assets of $938K (revenue +10.8% year-over-year).
2012: Revenue of $1.0M, expenses of $1.0M, and assets of $905K (revenue -1.2% year-over-year).
2011: Revenue of $1.0M, expenses of $985K, and assets of $934K.

Data Sources and Methodology

This transparency report for Cumberland Farmers Club 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.