Cumberland Farmers Market

Cumberland Farmers Market consistently operates with zero liabilities and no officer compensation, growing assets steadily.

EIN: 10508306 · Lisbon, ME · Updated: 2026-03-28

$11KRevenue

$11KAssets

92/100Mission Score (Excellent)

About Cumberland Farmers Market

Cumberland Farmers Market (EIN: 10508306) is a nonprofit organization based in Lisbon, ME. The organization reported total revenue of $11K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cumberland Farmers Market's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cumberland Farmers Market demonstrates consistent financial activity, with annual revenues typically ranging between $7,000 and $11,000. The organization consistently reports zero liabilities and zero officer compensation across all available filings, indicating a very lean operational structure and strong financial stability relative to its size. Its assets have shown a steady increase over the years, growing from $2,236 in 2012 to $12,422 in 2023, suggesting effective management of its modest resources and a healthy accumulation of reserves.

The organization's spending efficiency appears strong, as expenses are generally well below revenue, allowing for asset growth. For example, in 2023, expenses were $6,647 against revenues of $8,711. The absence of officer compensation simplifies its financial structure and likely contributes to a higher proportion of funds being directed towards its mission. The consistent filing of IRS Form 990s over an extended period (11 filings) also points to a commitment to transparency, even for an organization of its small scale.

Overall, Cumberland Farmers Market appears to be a financially sound and transparent small organization, effectively managing its resources to support its mission, likely related to local agriculture given its name. Its consistent financial health and lack of liabilities are positive indicators.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cumberland Farmers Market with a Mission Score of 92 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, Cumberland 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, indicating that its leadership is either volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size.

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 Market:

Consistent asset growth, from $2,236 in 2012 to $12,422 in 2023.
Zero liabilities reported across all 11 filings, indicating strong financial stability.
0% officer compensation, suggesting highly efficient use of funds and volunteer leadership.
Consistent filing of IRS Form 990s over an extended period (11 filings), demonstrating transparency.
Expenses consistently below revenue in most years, allowing for healthy reserves.

Frequently Asked Questions about Cumberland Farmers Market

Is Cumberland Farmers Market a good charity?

Based on its financial data, Cumberland Farmers Market appears to be a very good small organization. It consistently operates with zero liabilities, no officer compensation, and has steadily grown its assets, indicating strong financial management and a high likelihood that funds are directly supporting its mission.

How does Cumberland Farmers Market manage its finances?

The organization manages its finances very conservatively, consistently operating within its means. It has maintained zero liabilities across all 11 filings and has grown its assets from $2,236 in 2012 to $12,422 in 2023, demonstrating prudent financial stewardship.

What is the trend in Cumberland Farmers Market's revenue and expenses?

Cumberland Farmers Market's revenue and expenses have remained relatively stable over the years, typically ranging from $7,000 to $11,000 in revenue and $5,000 to $9,000 in expenses. The organization generally maintains a positive net income, contributing to its asset growth.

Filing History

IRS 990 filing history for Cumberland Farmers Market showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Cumberland Farmers Market's revenue has declined by 19.6%, moving from $11K to $9K. Total assets increased by 1000.3% over the same period, from $1K to $12K. Total functional expenses fell by 49.5%, from $13K to $7K. In its most recent filing year (2023), Cumberland Farmers Market reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$9K	$7K	$12K	$0	—	—
2022	$11K	$9K	$10K	$0	—	View 990
2021	$7K	$5K	$8K	$0	—	—
2018	$8K	$8K	$4K	$0	—	View 990
2017	$9K	$8K	$4K	$0	—	View 990
2016	$9K	$8K	$3K	$0	—	View 990
2015	$7K	$8K	$2K	$0	—	View 990
2014	$7K	$7K	$3K	$0	—	View 990
2013	$9K	$9K	$2K	$0	—	View 990
2012	$8K	$7K	$2K	$0	—	View 990
2011	$11K	$13K	$1K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $9K, expenses of $7K, and assets of $12K (revenue -21.0% year-over-year).
2022: Revenue of $11K, expenses of $9K, and assets of $10K (revenue +54.3% year-over-year).
2021: Revenue of $7K, expenses of $5K, and assets of $8K (revenue -5.9% year-over-year).
2018: Revenue of $8K, expenses of $8K, and assets of $4K (revenue -13.6% year-over-year).
2017: Revenue of $9K, expenses of $8K, and assets of $4K (revenue -0.1% year-over-year).
2016: Revenue of $9K, expenses of $8K, and assets of $3K (revenue +19.9% year-over-year).
2015: Revenue of $7K, expenses of $8K, and assets of $2K (revenue +4.1% year-over-year).
2014: Revenue of $7K, expenses of $7K, and assets of $3K (revenue -17.6% year-over-year).
2013: Revenue of $9K, expenses of $9K, and assets of $2K (revenue +7.3% year-over-year).
2012: Revenue of $8K, expenses of $7K, and assets of $2K (revenue -26.4% year-over-year).
2011: Revenue of $11K, expenses of $13K, and assets of $1K.

Data Sources and Methodology

This transparency report for Cumberland 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.