Litchfield Farmers Club
Litchfield Farmers Club shows consistent asset growth and no officer compensation over multiple years.
EIN: 10346937 · Litchfield, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $189K |
| Program Spending | 90% |
| Net Assets | $362K |
| Transparency Score | 92/100 |
Is Litchfield Farmers Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Litchfield Farmers Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Litchfield Farmers Club
Litchfield Farmers Club (EIN: 10346937) is a nonprofit organization based in Litchfield, ME. The organization reported total revenue of $162K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Litchfield Farmers Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Litchfield Farmers Club is a small nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $189K |
| Surplus / Deficit | +$35K |
| Total Assets | $362K |
| Net Assets | $362K |
| Operating Margin | 15.6% |
| Months of Reserves | 23.0 months |
Financial Health Grade: A
In 2024, Litchfield Farmers Club reported a surplus of $35K with revenue exceeding expenses, holds 23.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Litchfield Farmers Club's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.3% | +12.4% | +10.6% |
| 2023 | +8.4% | -7.4% | +25.1% |
| 2022 | +36.1% | +24.7% | +14.9% |
| 2021 | +200.0% | +267.5% | +5.9% |
| 2020 | -64.9% | -72.8% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Litchfield Farmers Club 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Litchfield 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for a 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.
Red Flags
The following concerns were identified during AI analysis of Litchfield Farmers Club's IRS 990 filings:
- NTEE code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Litchfield Farmers Club:
- Consistent asset growth, from $43,799 in 2017 to $362,025 in 2024.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Positive net income in most recent years (e.g., $34,784 in 2024, $65,580 in 2023).
- No reported liabilities in most recent filings, indicating strong financial management.
- Resilient revenue recovery after a significant dip in 2020.
Frequently Asked Questions about Litchfield Farmers Club
Is Litchfield Farmers Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Litchfield Farmers Club (EIN: 10346937) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Litchfield Farmers Club spend its money?
Litchfield Farmers Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Litchfield Farmers Club tax-deductible?
Litchfield Farmers Club is registered as a tax-exempt nonprofit (EIN: 10346937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Litchfield Farmers Club's spending goes to programs?
Litchfield Farmers Club directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Litchfield Farmers Club located?
Litchfield Farmers Club is headquartered in Litchfield, Maine and files with the IRS under EIN 10346937.
How many years of IRS 990 filings does Litchfield Farmers Club have?
Litchfield Farmers Club has 14 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 $162K in total revenue.
Is Litchfield Farmers Club a good charity?
Based on the financial data, Litchfield Farmers Club appears to be a very good charity. They consistently operate with a surplus, have growing assets, and report no officer compensation, indicating efficient use of funds and a strong commitment to their mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $43,799 in 2017 to $362,025 in 2024. Revenue has also shown strong recovery and growth after a dip in 2020.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that no officers receive salaries, which is a highly efficient practice.
Filing History
IRS 990 filing history for Litchfield Farmers Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Litchfield Farmers Club's revenue has grown by 65.2%, moving from $135K to $223K. Total assets increased by 549% over the same period, from $56K to $362K. Total functional expenses rose by 48.4%, from $127K to $189K. In its most recent filing year (2024), Litchfield Farmers Club reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $223K | $189K | $362K | $0 | — | — |
| 2023 | $234K | $168K | $327K | $0 | — | View 990 |
| 2022 | $215K | $181K | $262K | $0 | — | View 990 |
| 2021 | $158K | $145K | $228K | $0 | — | View 990 |
| 2020 | $53K | $40K | $215K | $0 | — | View 990 |
| 2019 | $150K | $146K | $202K | $0 | — | View 990 |
| 2018 | $257K | $178K | $123K | $15 | — | View 990 |
| 2017 | $157K | $160K | $44K | $0 | — | View 990 |
| 2016 | $128K | $134K | $47K | $0 | — | View 990 |
| 2015 | $143K | $133K | $53K | $0 | — | View 990 |
| 2014 | $141K | $154K | $44K | $175 | — | View 990 |
| 2013 | $134K | $134K | $57K | $0 | — | View 990 |
| 2012 | $125K | $124K | $56K | $0 | — | View 990 |
| 2011 | $135K | $127K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $223K, expenses of $189K, and assets of $362K (revenue -4.3% year-over-year).
- 2023: Revenue of $234K, expenses of $168K, and assets of $327K (revenue +8.4% year-over-year).
- 2022: Revenue of $215K, expenses of $181K, and assets of $262K (revenue +36.1% year-over-year).
- 2021: Revenue of $158K, expenses of $145K, and assets of $228K (revenue +200.0% year-over-year).
- 2020: Revenue of $53K, expenses of $40K, and assets of $215K (revenue -64.9% year-over-year).
- 2019: Revenue of $150K, expenses of $146K, and assets of $202K (revenue -41.6% year-over-year).
- 2018: Revenue of $257K, expenses of $178K, and assets of $123K (revenue +63.6% year-over-year).
- 2017: Revenue of $157K, expenses of $160K, and assets of $44K (revenue +23.0% year-over-year).
- 2016: Revenue of $128K, expenses of $134K, and assets of $47K (revenue -10.4% year-over-year).
- 2015: Revenue of $143K, expenses of $133K, and assets of $53K (revenue +1.3% year-over-year).
- 2014: Revenue of $141K, expenses of $154K, and assets of $44K (revenue +4.9% year-over-year).
- 2013: Revenue of $134K, expenses of $134K, and assets of $57K (revenue +7.6% year-over-year).
- 2012: Revenue of $125K, expenses of $124K, and assets of $56K (revenue -7.8% year-over-year).
- 2011: Revenue of $135K, expenses of $127K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Litchfield Farmers Club:
Data Sources and Methodology
This transparency report for Litchfield 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.