AI Transparency Report
The Grant County Fair Association demonstrates consistent financial stability with a healthy asset base relative to its revenue. In 2017, the organization reported assets of $249,636 against revenues of $31,527, indicating a strong reserve. While the organization experienced a deficit in 2017, with expenses of $34,925 exceeding revenue, this appears to be an anomaly compared to prior years where revenue generally outpaced expenses. For instance, in 2016, revenue was $74,649 against expenses of $40,974. The consistent reporting of zero liabilities in recent years (2015-2017) suggests sound financial management and a lack of debt, contributing to overall financial health. The absence of officer compensation further enhances its financial efficiency and transparency, as all funds are presumably directed towards operational costs and program delivery.