Benton County Fairgrounds Arena Assoc
EIN: 411423790 · Sauk Rapids, MN · NTEE: N68Z
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $329K |
| Net Assets | $1.0M |
Is Benton County Fairgrounds Arena Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Benton County Fairgrounds Arena Assoc
Benton County Fairgrounds Arena Assoc (EIN: 411423790) is a nonprofit organization based in Sauk Rapids, MN, classified under NTEE code N68Z. The organization reported total revenue of $244K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benton County Fairgrounds Arena Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benton County Fairgrounds Arena Assoc is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $329K |
| Surplus / Deficit | $-89,786 |
| Total Assets | $1.5M |
| Total Liabilities | $508K |
| Net Assets | $1.0M |
| Operating Margin | -37.5% |
| Debt-to-Asset Ratio | 33.7% |
| Months of Reserves | 55.0 months |
Financial Health Grade: B
In 2023, Benton County Fairgrounds Arena Assoc reported a deficit of $90K with expenses exceeding revenue, holds 55.0 months of operating reserves (strong position), has a debt-to-asset ratio of 33.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Benton County Fairgrounds Arena Assoc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | +7.3% | -7.6% |
| 2022 | -14.2% | +2.8% | -11.0% |
| 2020 | -50.3% | +22.0% | +4.7% |
| 2019 | +182.8% | -5.0% | +99.7% |
| 2018 | +6.1% | +9.1% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Benton County Fairgrounds Arena Assoc 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 Benton County Fairgrounds Arena Assoc 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 deficit of $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.7%.
Frequently Asked Questions about Benton County Fairgrounds Arena Assoc
Is Benton County Fairgrounds Arena Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Benton County Fairgrounds Arena Assoc (EIN: 411423790) insufficient data. 0 red flags identified, 0 strengths noted.
How does Benton County Fairgrounds Arena Assoc spend its money?
Detailed spending breakdown data is not yet available for Benton County Fairgrounds Arena Assoc. Check back for updated IRS 990 analysis.
Are donations to Benton County Fairgrounds Arena Assoc tax-deductible?
Benton County Fairgrounds Arena Assoc is registered as a tax-exempt nonprofit (EIN: 411423790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Benton County Fairgrounds Arena Assoc located?
Benton County Fairgrounds Arena Assoc is headquartered in Sauk Rapids, Minnesota and files with the IRS under EIN 411423790. It is classified under NTEE code N68Z.
How many years of IRS 990 filings does Benton County Fairgrounds Arena Assoc have?
Benton County Fairgrounds Arena Assoc has 12 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 $244K in total revenue.
Filing History
IRS 990 filing history for Benton County Fairgrounds Arena Assoc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Benton County Fairgrounds Arena Assoc's revenue has declined by 57%, moving from $557K to $239K. Total assets increased by 49.1% over the same period, from $1.0M to $1.5M. Total functional expenses rose by 91.9%, from $172K to $329K. In its most recent filing year (2023), Benton County Fairgrounds Arena Assoc reported a deficit of $90K, with expenses exceeding revenue. The organization holds $508K in liabilities against $1.5M in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $329K | $1.5M | $508K | — | View 990 |
| 2022 | $249K | $307K | $1.6M | $543K | — | View 990 |
| 2020 | $290K | $298K | $1.8M | $663K | — | View 990 |
| 2019 | $583K | $245K | $1.8M | $572K | — | View 990 |
| 2018 | $206K | $257K | $878K | $36K | — | View 990 |
| 2017 | $194K | $236K | $944K | $51K | — | View 990 |
| 2016 | $254K | $237K | $1.0M | $81K | — | View 990 |
| 2015 | $182K | $236K | $1.0M | $106K | — | View 990 |
| 2014 | $188K | $250K | $1.1M | $127K | — | View 990 |
| 2013 | $262K | $223K | $1.2M | $155K | — | View 990 |
| 2012 | $181K | $182K | $1.0M | $14K | — | View 990 |
| 2011 | $557K | $172K | $1.0M | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $329K, and assets of $1.5M (revenue -3.8% year-over-year).
- 2022: Revenue of $249K, expenses of $307K, and assets of $1.6M (revenue -14.2% year-over-year).
- 2020: Revenue of $290K, expenses of $298K, and assets of $1.8M (revenue -50.3% year-over-year).
- 2019: Revenue of $583K, expenses of $245K, and assets of $1.8M (revenue +182.8% year-over-year).
- 2018: Revenue of $206K, expenses of $257K, and assets of $878K (revenue +6.1% year-over-year).
- 2017: Revenue of $194K, expenses of $236K, and assets of $944K (revenue -23.4% year-over-year).
- 2016: Revenue of $254K, expenses of $237K, and assets of $1.0M (revenue +39.6% year-over-year).
- 2015: Revenue of $182K, expenses of $236K, and assets of $1.0M (revenue -3.1% year-over-year).
- 2014: Revenue of $188K, expenses of $250K, and assets of $1.1M (revenue -28.4% year-over-year).
- 2013: Revenue of $262K, expenses of $223K, and assets of $1.2M (revenue +45.1% year-over-year).
- 2012: Revenue of $181K, expenses of $182K, and assets of $1.0M (revenue -67.6% year-over-year).
- 2011: Revenue of $557K, expenses of $172K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benton County Fairgrounds Arena Assoc:
Data Sources and Methodology
This transparency report for Benton County Fairgrounds Arena Assoc 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.