Janesville Farmers Market Inc
Janesville Farmers Market Inc shows consistent revenue growth and strong asset accumulation with no officer compensation.
EIN: 202587712 · Janesville, WI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $44K |
| Program Spending | 90% |
| Net Assets | $35K |
| Transparency Score | 95/100 |
Is Janesville Farmers Market Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Janesville Farmers Market Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Janesville Farmers Market Inc
Janesville Farmers Market Inc (EIN: 202587712) is a nonprofit organization based in Janesville, WI. The organization reported total revenue of $95K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Janesville Farmers Market Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Janesville Farmers Market Inc is a micro nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $44K |
| Surplus / Deficit | +$14K |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | 24.2% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2024, Janesville Farmers Market Inc reported a surplus of $14K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2024), Janesville Farmers Market Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.5% | +20.0% | +106.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Janesville Farmers Market Inc with a Mission Score of 95 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, Janesville Farmers Market Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation in both available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a small nonprofit of this 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 Janesville Farmers Market Inc:
- Consistent revenue growth from $51,351 to $58,285.
- Significant asset growth from $17,179 to $35,489.
- Zero reported liabilities in both filings.
- 0% officer compensation reported, indicating efficient use of funds.
- Strong program focus implied by low administrative and fundraising costs relative to total expenses.
Frequently Asked Questions about Janesville Farmers Market Inc
Is Janesville Farmers Market Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Janesville Farmers Market Inc (EIN: 202587712) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Janesville Farmers Market Inc spend its money?
Janesville Farmers Market Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Janesville Farmers Market Inc tax-deductible?
Janesville Farmers Market Inc is registered as a tax-exempt nonprofit (EIN: 202587712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Janesville Farmers Market Inc located?
Janesville Farmers Market Inc is headquartered in Janesville, Wisconsin and files with the IRS under EIN 202587712.
How many years of IRS 990 filings does Janesville Farmers Market Inc have?
Janesville Farmers Market Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $95K in total revenue.
Is Janesville Farmers Market Inc a good charity?
Based on the available IRS 990 data, Janesville Farmers Market Inc appears to be a very good charity. They demonstrate strong financial health, efficient spending with no officer compensation, and consistent growth in assets and revenue.
How has Janesville Farmers Market Inc's revenue changed over time?
Janesville Farmers Market Inc's revenue has shown consistent growth, increasing from $51,351 in the 202201 period to $58,285 in the 202401 period.
What is Janesville Farmers Market Inc's asset growth?
The organization's assets have grown significantly, from $17,179 in the 202201 period to $35,489 in the 202401 period, indicating strong financial accumulation.
Filing History
IRS 990 filing history for Janesville Farmers Market Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2024), Janesville Farmers Market Inc's revenue has grown by 13.5%, moving from $51K to $58K. Total assets increased by 106.6% over the same period, from $17K to $35K. Total functional expenses rose by 20%, from $37K to $44K. In its most recent filing year (2024), Janesville Farmers Market Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $58K | $44K | $35K | $0 | — | — |
| 2022 | $51K | $37K | $17K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Janesville Farmers Market Inc:
Data Sources and Methodology
This transparency report for Janesville Farmers Market Inc 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.