Augusta County Fair
EIN: 541715772 · Verona, VA · NTEE: N520
| Metric | Value |
|---|---|
| Total Revenue | $349K |
| Total Expenses | $262K |
| Net Assets | $181K |
Is Augusta County Fair Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Augusta County Fair
Augusta County Fair (EIN: 541715772) is a nonprofit organization based in Verona, VA, classified under NTEE code N520. The organization reported total revenue of $349K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Augusta County Fair's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Augusta County Fair is a small nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $294K |
| Total Expenses | $262K |
| Surplus / Deficit | +$32K |
| Total Assets | $188K |
| Total Liabilities | $6K |
| Net Assets | $181K |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Augusta County Fair reported a surplus of $32K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 14 years of filings (2009–2023), Augusta County Fair's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | +8.3% | -6.6% |
| 2022 | -1.6% | +23.3% | +45.6% |
| 2021 | +726.7% | +274.6% | +93.6% |
| 2020 | -82.6% | -74.7% | +210.7% |
| 2019 | -5.1% | +6.6% | -40.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Augusta County Fair has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Augusta County Fair with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Augusta County Fair
Is Augusta County Fair a legitimate charity?
Augusta County Fair (EIN: 541715772) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $349K. No red flags identified. Financial health grade: A.
How does Augusta County Fair spend its money?
Augusta County Fair reported $349K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Augusta County Fair tax-deductible?
Augusta County Fair is registered as a tax-exempt nonprofit (EIN: 541715772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Augusta County Fair located?
Augusta County Fair is headquartered in Verona, Virginia and files with the IRS under EIN 541715772. It is classified under NTEE code N520.
How many years of IRS 990 filings does Augusta County Fair have?
Augusta County Fair has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $349K in total revenue.
Filing History
IRS 990 filing history for Augusta County Fair showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Augusta County Fair's revenue has grown by 83%, moving from $161K to $294K. Total assets increased by 303.6% over the same period, from $47K to $188K. Total functional expenses rose by 59.1%, from $165K to $262K. In its most recent filing year (2023), Augusta County Fair reported a surplus of $32K, with revenue exceeding expenses. The organization holds $6K in liabilities against $188K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $181K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $294K | $262K | $188K | $6K | — | View 990 |
| 2022 | $286K | $242K | $201K | $7K | — | View 990 |
| 2021 | $290K | $196K | $138K | $1K | — | — |
| 2020 | $35K | $52K | $71K | $29K | — | View 990 |
| 2019 | $202K | $207K | $23K | $3K | — | View 990 |
| 2018 | $213K | $194K | $39K | $2K | — | View 990 |
| 2017 | $247K | $223K | $35K | $16K | — | View 990 |
| 2016 | $254K | $254K | $15K | $21K | — | View 990 |
| 2015 | $236K | $247K | $22K | $28K | — | View 990 |
| 2014 | $221K | $243K | $7K | $3K | — | View 990 |
| 2013 | $227K | $229K | $26K | $0 | — | View 990 |
| 2012 | $216K | $202K | $29K | $0 | — | View 990 |
| 2011 | $175K | $176K | $15K | $0 | — | View 990 |
| 2009 | $161K | $165K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $294K, expenses of $262K, and assets of $188K (revenue +2.9% year-over-year).
- 2022: Revenue of $286K, expenses of $242K, and assets of $201K (revenue -1.6% year-over-year).
- 2021: Revenue of $290K, expenses of $196K, and assets of $138K (revenue +726.7% year-over-year).
- 2020: Revenue of $35K, expenses of $52K, and assets of $71K (revenue -82.6% year-over-year).
- 2019: Revenue of $202K, expenses of $207K, and assets of $23K (revenue -5.1% year-over-year).
- 2018: Revenue of $213K, expenses of $194K, and assets of $39K (revenue -13.9% year-over-year).
- 2017: Revenue of $247K, expenses of $223K, and assets of $35K (revenue -2.8% year-over-year).
- 2016: Revenue of $254K, expenses of $254K, and assets of $15K (revenue +7.5% year-over-year).
- 2015: Revenue of $236K, expenses of $247K, and assets of $22K (revenue +7.0% year-over-year).
- 2014: Revenue of $221K, expenses of $243K, and assets of $7K (revenue -2.8% year-over-year).
- 2013: Revenue of $227K, expenses of $229K, and assets of $26K (revenue +5.0% year-over-year).
- 2012: Revenue of $216K, expenses of $202K, and assets of $29K (revenue +23.6% year-over-year).
- 2011: Revenue of $175K, expenses of $176K, and assets of $15K (revenue +8.9% year-over-year).
- 2009: Revenue of $161K, expenses of $165K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Augusta County Fair:
Data Sources and Methodology
This transparency report for Augusta County Fair 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.