Kershaw County Farmers Market
Kershaw County Farmers Market maintains stable assets despite fluctuating revenue, with no reported officer compensation.
EIN: 113795627 · Camden, SC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $45K |
| Total Expenses | $34K |
| Program Spending | 80% |
| Net Assets | $87K |
| Transparency Score | 85/100 |
Is Kershaw County Farmers Market Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kershaw County Farmers Market directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kershaw County Farmers Market
Kershaw County Farmers Market (EIN: 113795627) is a nonprofit organization based in Camden, SC, classified under NTEE code S41. The organization reported total revenue of $45K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kershaw County Farmers Market's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kershaw County Farmers Market is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $34K |
| Surplus / Deficit | +$14K |
| Total Assets | $163K |
| Total Liabilities | $76K |
| Net Assets | $87K |
| Operating Margin | 28.7% |
| Debt-to-Asset Ratio | 46.7% |
| Months of Reserves | 56.6 months |
Financial Health Grade: A
In 2023, Kershaw County Farmers Market reported a surplus of $14K with revenue exceeding expenses, holds 56.6 months of operating reserves (strong position), has a debt-to-asset ratio of 46.7% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Kershaw County Farmers Market's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.2% | -73.1% | +5.0% |
| 2022 | +485.4% | +785.6% | -3.9% |
| 2021 | -2.4% | +6.7% | +5.4% |
| 2020 | -22.6% | -10.3% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
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 Kershaw County 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kershaw County Farmers Market allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.7%.
Executive Compensation Analysis
Executive compensation is not a concern, as the organization has reported 0% officer compensation across all five years of filings, indicating that leadership is not drawing a salary from the organization.
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 Kershaw County Farmers Market's IRS 990 filings:
- Significant increase in liabilities from $0 in 2019 to $75,989 in 2023 without clear explanation.
Strengths
The following positive indicators were identified for Kershaw County Farmers Market:
- No officer compensation reported across all five years, indicating volunteer leadership or highly efficient operational structure.
- Consistent asset base (around $155,000) despite revenue volatility, suggesting good asset management.
- Often operates with a surplus, as seen in 2023 where revenue ($48,312) exceeded expenses ($34,451).
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) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Kershaw County Farmers Market spend its money?
Kershaw County Farmers Market directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kershaw County Farmers Market tax-deductible?
Kershaw County Farmers Market is registered as a tax-exempt nonprofit (EIN: 113795627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kershaw County Farmers Market's spending goes to programs?
Kershaw County Farmers Market directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kershaw County Farmers Market compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kershaw County Farmers Market is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kershaw County Farmers Market located?
Kershaw County Farmers Market is headquartered in Camden, South Carolina and files with the IRS under EIN 113795627. It is classified under NTEE code S41.
How many years of IRS 990 filings does Kershaw County Farmers Market have?
Kershaw County Farmers Market has 5 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 $45K in total revenue.
What caused the significant increase in liabilities from $0 in 2019 to $75,989 in 2023?
The provided data does not specify the nature of these liabilities, but this substantial increase warrants further inquiry to understand if it's related to program expansion, capital investments, or other financial obligations.
What led to the large revenue spike in 2022 ($127,666) compared to other years (e.g., $21,810 in 2021)?
The data does not provide context for this revenue fluctuation. It could be due to a one-time grant, a highly successful fundraising event, or a significant increase in market activity during that period.
How does the organization allocate its expenses between program services, administration, and fundraising?
The provided IRS 990 summary data only shows total expenses. A detailed breakdown would be necessary to fully assess spending efficiency and program focus.
Filing History
IRS 990 filing history for Kershaw County Farmers Market showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Kershaw County Farmers Market's revenue has grown by 67.4%, moving from $29K to $48K. Total assets increased by 5.8% over the same period, from $154K to $163K. Total functional expenses rose by 127.6%, from $15K to $34K. In its most recent filing year (2023), Kershaw County Farmers Market reported a surplus of $14K, with revenue exceeding expenses. The organization holds $76K in liabilities against $163K in assets (debt-to-asset ratio: 46.7%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $34K | $163K | $76K | — | — |
| 2022 | $128K | $128K | $155K | $82K | — | — |
| 2021 | $22K | $14K | $161K | $88K | — | View 990 |
| 2020 | $22K | $14K | $153K | $93K | — | View 990 |
| 2019 | $29K | $15K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $34K, and assets of $163K (revenue -62.2% year-over-year).
- 2022: Revenue of $128K, expenses of $128K, and assets of $155K (revenue +485.4% year-over-year).
- 2021: Revenue of $22K, expenses of $14K, and assets of $161K (revenue -2.4% year-over-year).
- 2020: Revenue of $22K, expenses of $14K, and assets of $153K (revenue -22.6% year-over-year).
- 2019: Revenue of $29K, expenses of $15K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kershaw County Farmers Market:
Data Sources and Methodology
This transparency report for Kershaw County 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.