Quick charity verification for Ossipee Valley Agricultural Society (EIN: 10350004)
Verdict: Ossipee Valley Agricultural Society appears trustworthy
90/100Mission Score
$209KRevenue
$457KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, such as $65,953 in 202310 (Revenue $247,957 - Expenses $182,004).
Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Strong asset growth from $282,403 in 201410 to $438,739 in 202310.
Minimal to zero liabilities reported in most recent filings, demonstrating strong financial health and low debt.
Robust recovery in revenue post-2020, with 202310 revenue ($247,957) significantly higher than pre-pandemic levels.
Spending Breakdown
How Ossipee Valley 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 Ossipee Valley Agricultural Society
Is Ossipee Valley Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Ossipee Valley Agricultural Society (EIN: 10350004) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Ossipee Valley Agricultural Society a good charity to donate to?
Ossipee Valley Agricultural Society has a Mission Score of 90/100. Revenue: $209K. Assets: $457K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ossipee Valley Agricultural Society?
The Employer Identification Number (EIN) for Ossipee Valley Agricultural Society is 10350004. 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 Ossipee Valley Agricultural Society spend its money?
Ossipee Valley Agricultural Society allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ossipee Valley Agricultural Society's tax-exempt status?
You can verify Ossipee Valley Agricultural Society's tax-exempt status using EIN 10350004 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 Ossipee Valley Agricultural Society demonstrates a generally stable financial position with consistent revenue generation, primarily through its agricultural fair activities. In the latest filing (202310), the organization reported revenues of $247,957 against expenses of $182,004, resulting in a surplus that contributes to its growing asset base, which stood at $438,739. The organization's financial health appears sound, with assets consistently exceeding liabilities, often reporting zero liabilities in recent years, indicating strong fiscal management and minimal debt burden.
Spending efficiency is a notable strength, as the organization consistently operates with a surplus, indicating that expenses are well-managed relative to income. The absence of reported officer compensation across all available filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. This structure, combined with a focus on its agricultural mission, points to efficient use of resources.
Transparency is high given the consistent filing of IRS Form 990s over many years, providing a clear historical financial record. The detailed breakdown of revenue and expenses in these filings allows for a comprehensive understanding of the organization's financial activities. The lack of executive compensation also simplifies financial analysis and enhances public trust.