Arkansas State Fair Charitable Foundation Inc
Arkansas State Fair Charitable Foundation Inc reports minimal activity and declining assets over five years.
EIN: 20572972 · Little Rock, AR · Updated: 2026-03-28
Is Arkansas State Fair Charitable Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arkansas State Fair Charitable Foundation Inc
Arkansas State Fair Charitable Foundation Inc (EIN: 20572972) is a nonprofit organization based in Little Rock, AR. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkansas State Fair Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arkansas State Fair Charitable Foundation Inc is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -100.0% | +400.0% | -18.7% |
| 2014 | -99.9% | -95.3% | -3.6% |
| 2013 | +17.5% | +75.8% | -35.6% |
| 2012 | +29.7% | +471.4% | -14.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arkansas State Fair Charitable Foundation Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Arkansas State Fair Charitable Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating no salaries paid to executives, which is appropriate for an organization with such minimal financial activity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Arkansas State Fair Charitable Foundation Inc's IRS 990 filings:
- Consistent zero or near-zero revenue
- Expenses consistently exceeding revenue
- Steady decline in assets over multiple years
- Lack of discernible program activity or spending
Strengths
The following positive indicators were identified for Arkansas State Fair Charitable Foundation Inc:
- No executive compensation reported
- Consistent filing of IRS Form 990s
Frequently Asked Questions about Arkansas State Fair Charitable Foundation Inc
Is Arkansas State Fair Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkansas State Fair Charitable Foundation Inc (EIN: 20572972) significant concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
How does Arkansas State Fair Charitable Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Arkansas State Fair Charitable Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Arkansas State Fair Charitable Foundation Inc tax-deductible?
Arkansas State Fair Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20572972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Arkansas State Fair Charitable Foundation Inc still active?
Based on the latest filing (201512) showing $0 revenue and $2,500 expenses, and a consistent trend of minimal activity and declining assets, it appears the organization may be inactive or in the process of dissolution.
What are the primary expenses of this organization?
With no specific breakdown provided beyond total expenses, and given the lack of revenue and program activity, it's likely the expenses are primarily administrative costs associated with maintaining its legal status or winding down operations.
Why are assets declining?
Assets have consistently declined from $25,084 in 2011 to $10,857 in 2015 because the organization's expenses have consistently exceeded its minimal revenue in every reported period.
Filing History
IRS 990 filing history for Arkansas State Fair Charitable Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Arkansas State Fair Charitable Foundation Inc's revenue has declined by 100%, moving from $2K to $0. Total assets decreased by 56.7% over the same period, from $25K to $11K. Total functional expenses rose by 138.1%, from $1K to $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $0 | $3K | $11K | $0 | — | View 990 |
| 2014 | $2 | $500 | $13K | $0 | — | View 990 |
| 2013 | $3K | $11K | $14K | $0 | — | View 990 |
| 2012 | $2K | $6K | $22K | $0 | — | View 990 |
| 2011 | $2K | $1K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $0, expenses of $3K, and assets of $11K (revenue -100.0% year-over-year).
- 2014: Revenue of $2, expenses of $500, and assets of $13K (revenue -99.9% year-over-year).
- 2013: Revenue of $3K, expenses of $11K, and assets of $14K (revenue +17.5% year-over-year).
- 2012: Revenue of $2K, expenses of $6K, and assets of $22K (revenue +29.7% year-over-year).
- 2011: Revenue of $2K, expenses of $1K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arkansas State Fair Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Arkansas State Fair Charitable Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.