Quick charity verification for Coos & Essex Agricultural Society (EIN: 20122275)
Verdict: Coos & Essex Agricultural Society appears trustworthy
85/100Mission Score
$819KRevenue
$623KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, particularly from 2020 to 2023, demonstrating strong recovery and operational success.
Operational surpluses in most recent years (e.g., $22,568 in 2023, $7,230 in 2022), indicating sound financial management.
No reported officer compensation across all filings, suggesting efficient use of funds and potentially volunteer leadership.
Healthy asset-to-liability ratio (3.62:1 in 2023), indicating strong financial stability.
Consistent IRS 990 filing history (14 filings), demonstrating commitment to transparency and compliance.
Spending Breakdown
How Coos & Essex Agricultural Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Coos & Essex Agricultural Society
Is Coos & Essex Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Coos & Essex Agricultural Society (EIN: 20122275) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Coos & Essex Agricultural Society a good charity to donate to?
Coos & Essex Agricultural Society has a Mission Score of 85/100. Revenue: $819K. Assets: $623K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Coos & Essex Agricultural Society?
The Employer Identification Number (EIN) for Coos & Essex Agricultural Society is 20122275. 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 Coos & Essex Agricultural Society spend its money?
Coos & Essex Agricultural Society allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Coos & Essex Agricultural Society's tax-exempt status?
You can verify Coos & Essex Agricultural Society's tax-exempt status using EIN 20122275 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 Coos & Essex Agricultural Society demonstrates a generally stable financial position with consistent revenue growth over the past several years, rebounding strongly from a dip in 2020. In 2023, the organization reported revenues of $826,666 against expenses of $804,098, indicating a modest surplus. Its assets have remained relatively stable, standing at $602,475 in 2023, with liabilities at $166,712, suggesting a healthy asset-to-liability ratio. The organization's NTEE code N52 (Agricultural Societies and Fairs) aligns with its mission, and the consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance and transparency.
While specific program spending percentages are not detailed in the provided data, the consistent operational surpluses in most recent years (e.g., $22,568 in 2023, $7,230 in 2022, $44,350 in 2021) suggest effective management of resources. The absence of reported officer compensation across all available filings is a notable positive for spending efficiency and indicates that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which can contribute to lower administrative overhead.
Overall, the Coos & Essex Agricultural Society appears to be a financially sound organization with a clear operational focus. Its consistent growth in revenue, particularly from 2020 to 2023, and prudent management of expenses, as evidenced by recurring surpluses, point to a well-managed entity. The lack of officer compensation further enhances its financial health and suggests a strong dedication to its mission without significant executive overhead.