North Union Farmers Market
EIN: 341812026 · Cleveland, OH · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $482K |
| Total Expenses | $479K |
| Net Assets | $170K |
Is North Union Farmers Market Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Union Farmers Market
North Union Farmers Market (EIN: 341812026) is a nonprofit organization based in Cleveland, OH, classified under NTEE code S20. The organization reported total revenue of $482K and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Union Farmers Market's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Union Farmers Market is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $479K |
| Surplus / Deficit | $-39,726 |
| Total Assets | $193K |
| Total Liabilities | $23K |
| Net Assets | $170K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, North Union Farmers Market reported a deficit of $40K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Union Farmers Market's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +5.0% | -20.9% |
| 2022 | -25.4% | -2.0% | -12.6% |
| 2021 | +90.9% | +20.3% | +15.4% |
| 2020 | -35.8% | -18.5% | -14.5% |
| 2019 | -8.9% | -13.3% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Union Farmers Market has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Union Farmers Market with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.8%.
Frequently Asked Questions about North Union Farmers Market
Is North Union Farmers Market a legitimate charity?
North Union Farmers Market (EIN: 341812026) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $482K. No red flags identified. Financial health grade: B.
How does North Union Farmers Market spend its money?
North Union Farmers Market reported $482K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Union Farmers Market tax-deductible?
North Union Farmers Market is registered as a tax-exempt nonprofit (EIN: 341812026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Union Farmers Market located?
North Union Farmers Market is headquartered in Cleveland, Ohio and files with the IRS under EIN 341812026. It is classified under NTEE code S20.
How many years of IRS 990 filings does North Union Farmers Market have?
North Union Farmers Market has 13 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 $482K in total revenue.
Filing History
IRS 990 filing history for North Union Farmers Market showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Union Farmers Market's revenue has grown by 7.1%, moving from $410K to $439K. Total assets decreased by 0.2% over the same period, from $193K to $193K. Total functional expenses rose by 14.6%, from $418K to $479K. In its most recent filing year (2023), North Union Farmers Market reported a deficit of $40K, with expenses exceeding revenue. The organization holds $23K in liabilities against $193K in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $170K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $479K | $193K | $23K | — | — |
| 2022 | $416K | $456K | $243K | $30K | — | — |
| 2021 | $558K | $465K | $278K | $24K | — | View 990 |
| 2020 | $292K | $387K | $241K | $79K | — | View 990 |
| 2019 | $455K | $475K | $282K | $25K | — | View 990 |
| 2018 | $500K | $547K | $304K | $27K | — | View 990 |
| 2017 | $523K | $468K | $346K | $22K | — | View 990 |
| 2016 | $482K | $506K | $287K | $18K | — | View 990 |
| 2015 | $557K | $503K | $311K | $18K | — | View 990 |
| 2014 | $537K | $501K | $258K | $19K | — | View 990 |
| 2013 | $467K | $454K | $215K | $11K | — | View 990 |
| 2012 | $456K | $444K | $211K | $21K | — | View 990 |
| 2011 | $410K | $418K | $193K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $479K, and assets of $193K (revenue +5.6% year-over-year).
- 2022: Revenue of $416K, expenses of $456K, and assets of $243K (revenue -25.4% year-over-year).
- 2021: Revenue of $558K, expenses of $465K, and assets of $278K (revenue +90.9% year-over-year).
- 2020: Revenue of $292K, expenses of $387K, and assets of $241K (revenue -35.8% year-over-year).
- 2019: Revenue of $455K, expenses of $475K, and assets of $282K (revenue -8.9% year-over-year).
- 2018: Revenue of $500K, expenses of $547K, and assets of $304K (revenue -4.4% year-over-year).
- 2017: Revenue of $523K, expenses of $468K, and assets of $346K (revenue +8.4% year-over-year).
- 2016: Revenue of $482K, expenses of $506K, and assets of $287K (revenue -13.4% year-over-year).
- 2015: Revenue of $557K, expenses of $503K, and assets of $311K (revenue +3.7% year-over-year).
- 2014: Revenue of $537K, expenses of $501K, and assets of $258K (revenue +14.9% year-over-year).
- 2013: Revenue of $467K, expenses of $454K, and assets of $215K (revenue +2.5% year-over-year).
- 2012: Revenue of $456K, expenses of $444K, and assets of $211K (revenue +11.2% year-over-year).
- 2011: Revenue of $410K, expenses of $418K, and assets of $193K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Union Farmers Market:
Data Sources and Methodology
This transparency report for North Union 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.