Quick charity verification for Isanti County Agricultural Society (EIN: 202695047)
Verdict: Isanti County Agricultural Society appears trustworthy
90/100Mission Score
$521KRevenue
$1.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, more than doubling from $601,997 in 2014 to $1,395,108 in 2023.
No reported officer compensation across all filings, indicating volunteer leadership or highly efficient compensation practices.
Consistent operational surplus, with revenue significantly exceeding expenses in most years (e.g., $489,212 revenue vs. $307,785 expenses in 2023).
Low liabilities relative to assets, demonstrating strong financial health and minimal debt burden (e.g., $7,937 liabilities vs. $1,395,108 assets in 2023).
Strong recovery and growth in revenue post-2020, indicating resilience and effective operations.
Spending Breakdown
How Isanti County Agricultural Society 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 Isanti County Agricultural Society
Is Isanti County Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Isanti County Agricultural Society (EIN: 202695047) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Isanti County Agricultural Society a good charity to donate to?
Isanti County Agricultural Society has a Mission Score of 90/100. Revenue: $521K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Isanti County Agricultural Society?
The Employer Identification Number (EIN) for Isanti County Agricultural Society is 202695047. 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 Isanti County Agricultural Society spend its money?
Isanti County Agricultural Society allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Isanti County Agricultural Society's tax-exempt status?
You can verify Isanti County Agricultural Society's tax-exempt status using EIN 202695047 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 Isanti County Agricultural Society demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has shown a positive trend, with the latest reported revenue at $489,212 in 2023, a significant recovery and increase from the pandemic-affected $151,739 in 2020. The organization consistently operates with a surplus, as evidenced by expenses being considerably lower than revenue in most recent years (e.g., $307,785 expenses vs. $489,212 revenue in 2023). This surplus contributes to a healthy growth in assets, which have more than doubled from $601,997 in 2014 to $1,395,108 in 2023.
Spending efficiency appears robust, with a substantial portion of expenses likely directed towards program services, given the nature of an agricultural society and the absence of reported officer compensation. The organization's liabilities are consistently low relative to its assets, indicating good financial management and minimal debt burden. For instance, in 2023, liabilities were only $7,937 against assets of $1,395,108.
Transparency is high regarding executive compensation, as the organization consistently reports 0% officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive indicator for donor confidence. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to regulatory compliance and public disclosure.