How Skowhegan State Fair 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 Skowhegan State Fair
Is Skowhegan State Fair a legitimate charity?
Based on AI analysis of IRS 990 filings, Skowhegan State Fair (EIN: 10223879) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Skowhegan State Fair a good charity to donate to?
Skowhegan State Fair has a Mission Score of 90/100. Revenue: $1.7M. Assets: $6.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Skowhegan State Fair?
The Employer Identification Number (EIN) for Skowhegan State Fair is 10223879. 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 Skowhegan State Fair spend its money?
Skowhegan State Fair allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Skowhegan State Fair's tax-exempt status?
You can verify Skowhegan State Fair's tax-exempt status using EIN 10223879 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 Skowhegan State Fair demonstrates consistent financial stability and strong program focus, as evidenced by its IRS 990 filings. In the latest period (202309), the organization reported revenues of $1,547,555 against expenses of $1,381,004, resulting in a surplus that contributes to its growing asset base of $6,551,214. The fair's financial health appears robust, with assets significantly outweighing liabilities ($131,380 in 202309). Spending efficiency is commendable, with a substantial portion of expenses directed towards its programmatic mission of operating the fair. The organization's transparency is high, particularly given its consistent reporting of 0% officer compensation across all available filings, indicating that its leadership is volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence.