Quick charity verification for North Stonington Agricultural Fair Inc (EIN: 222532453)
Verdict: North Stonington Agricultural Fair Inc appears trustworthy
75/100Mission Score
$166KRevenue
$236KAssets
2Red Flags
3Strengths
Red Flags
The organization consistently files Form 990-EZ, which provides less detailed financial information compared to a full Form 990, limiting in-depth analysis.
Revenue in 2020 dropped significantly to $943 from $129,968 in 2019, likely due to the pandemic, but the recovery in subsequent years is strong.
Strengths
The organization has a long history of operation, suggesting sustained community support and engagement.
Total assets have shown consistent growth over the years, from $107,375 in 2016 to $232,621 in 2023, indicating financial stability.
The fair consistently generates significant revenue, with $193,846 in 2023, demonstrating strong public interest and participation.
Spending Breakdown
How North Stonington Agricultural Fair Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 North Stonington Agricultural Fair Inc
Is North Stonington Agricultural Fair Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Stonington Agricultural Fair Inc (EIN: 222532453) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is North Stonington Agricultural Fair Inc a good charity to donate to?
North Stonington Agricultural Fair Inc has a Mission Score of 75/100. Revenue: $166K. Assets: $236K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Stonington Agricultural Fair Inc?
The Employer Identification Number (EIN) for North Stonington Agricultural Fair Inc is 222532453. 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 North Stonington Agricultural Fair Inc spend its money?
North Stonington Agricultural Fair Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Stonington Agricultural Fair Inc's tax-exempt status?
You can verify North Stonington Agricultural Fair Inc's tax-exempt status using EIN 222532453 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
North Stonington Agricultural Fair Inc is a recreation & sports nonprofit based in N Stonington, Connecticut, with reported revenue of $166K and assets of $236K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. The North Stonington Agricultural Fair Inc. reported no compensation paid to officers, directors, trustees, or key employees in their 2022 Form 990-EZ, indicating a volunteer-led structure. Revenue has grown +50% across 14 filing periods.