Quick charity verification for Apache County Fair & Racing Association (EIN: 10947165)
Verdict: Apache County Fair & Racing Association appears trustworthy
85/100Mission Score
$292KRevenue
$301KAssets
1Red Flags
4Strengths
Red Flags
Minor operating deficit in the most recent fiscal year (2023), with expenses exceeding revenue by $20,439.
Strengths
Consistent growth in assets, from $160,348 in 2021 to $238,701 in 2023.
Zero reported liabilities across all three fiscal periods, indicating strong financial health and low risk.
No reported officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
Strong program focus, as indicated by the estimated spending breakdown.
Spending Breakdown
How Apache County Fair & Racing Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Apache County Fair & Racing Association
Is Apache County Fair & Racing Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Apache County Fair & Racing Association (EIN: 10947165) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Apache County Fair & Racing Association a good charity to donate to?
Apache County Fair & Racing Association has a Mission Score of 85/100. Revenue: $292K. Assets: $301K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Apache County Fair & Racing Association?
The Employer Identification Number (EIN) for Apache County Fair & Racing Association is 10947165. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Apache County Fair & Racing Association spend its money?
Apache County Fair & Racing Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Apache County Fair & Racing Association's tax-exempt status?
You can verify Apache County Fair & Racing Association's tax-exempt status using EIN 10947165 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Apache County Fair & Racing Association demonstrates consistent financial health with growing assets and no reported liabilities across its last three filings. While revenue fluctuated, peaking at $329,419 in 2022, the organization generally manages its expenses well. The most recent filing (2023) shows expenses ($295,184) slightly exceeding revenue ($274,745), indicating a minor deficit for that period, but this is offset by prior year surpluses. The absence of officer compensation reported in all filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator for donor confidence. The organization's assets have steadily increased from $160,348 in 2021 to $238,701 in 2023, showing financial stability and growth. The consistent reporting of zero liabilities is a strong indicator of fiscal responsibility and low financial risk.