Is Jasper County Youth Fair Inc Legit?

Jasper County Youth Fair Inc demonstrates a generally stable financial history, though with some fluctuations in recent years. For instance, in 2023, the organization reported expenses of $352,583 against revenues of $230,937, indicating a deficit for that period. This contrasts with 2022, where revenues of $375,115 significantly exceeded expenses of $227,432. The organization consistently reports zero liabilities and zero officer compensation across all available filings, which speaks to a lean operational structure and strong financial control regarding debt and executive pay. Their assets have shown growth over the long term, from $14,398 in 2014 to $83,207 in 2023, despite the recent dip from a high of $204,853 in 2022. The consistent reporting of no officer compensation is a significant indicator of transparency and a volunteer-driven model, which is common for smaller community-focused nonprofits. While specific program spending ratios aren't detailed in the provided summary, the absence of executive compensation suggests a high proportion of funds likely go directly to the fair's activities. The fluctuation in annual revenue and expenses is typical for event-based organizations, where success can vary year-to-year based on attendance, sponsorships, and economic conditions. Overall, the organization appears to be managed prudently with a focus on its mission, as evidenced by its consistent financial reporting and lack of debt.