Is Arkansas State Fair Charitable Foundation Inc Legit?
Quick charity verification for Arkansas State Fair Charitable Foundation Inc (EIN: 20572972)
Verdict: Arkansas State Fair Charitable Foundation Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths
Red Flags
Consistent zero or near-zero revenue
Expenses consistently exceeding revenue
Steady decline in assets over multiple years
Lack of discernible program activity or spending
Strengths
No executive compensation reported
Consistent filing of IRS Form 990s
Spending Breakdown
How Arkansas State Fair Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Arkansas State Fair Charitable Foundation Inc
Is Arkansas State Fair Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkansas State Fair Charitable Foundation Inc (EIN: 20572972) has notable concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
Is Arkansas State Fair Charitable Foundation Inc a good charity to donate to?
Arkansas State Fair Charitable Foundation Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Arkansas State Fair Charitable Foundation Inc?
The Employer Identification Number (EIN) for Arkansas State Fair Charitable Foundation Inc is 20572972. 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 Arkansas State Fair Charitable Foundation Inc spend its money?
Arkansas State Fair Charitable Foundation Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Arkansas State Fair Charitable Foundation Inc's tax-exempt status?
You can verify Arkansas State Fair Charitable Foundation Inc's tax-exempt status using EIN 20572972 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 Arkansas State Fair Charitable Foundation Inc appears to be a very small, inactive, or winding-down organization based on its financial filings. For the latest reported period (201512), it reported $0 in revenue and $2,500 in expenses, with assets of $10,857. This trend of minimal to no revenue and declining assets has been consistent across all five available filings. Its expenses have consistently outstripped its revenue, leading to a steady decline in assets from $25,084 in 2011 to $10,857 in 2015. Given the lack of significant financial activity, it's difficult to assess spending efficiency in a traditional sense, as there are no program expenses reported to compare against administrative or fundraising costs. The organization's transparency is adequate in terms of filing its 990s, but the lack of detailed program activity makes it challenging to understand its impact.