Carroll County 4 H And Ffa Fair Inc
Carroll County 4 H And Ffa Fair Inc shows strong financial growth and efficient operations with volunteer leadership.
EIN: 200740620 · Westminster, MD · NTEE: O52 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $568K |
| Total Expenses | $540K |
| Program Spending | 90% |
| Net Assets | $485K |
| Transparency Score | 92/100 |
Is Carroll County 4 H And Ffa Fair Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carroll County 4 H And Ffa Fair Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carroll County 4 H And Ffa Fair Inc
Carroll County 4 H And Ffa Fair Inc (EIN: 200740620) is a nonprofit organization based in Westminster, MD, classified under NTEE code O52. The organization reported total revenue of $568K and total assets of $521K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carroll County 4 H And Ffa Fair Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carroll County 4 H And Ffa Fair Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $626K |
| Total Expenses | $540K |
| Surplus / Deficit | +$86K |
| Total Assets | $493K |
| Total Liabilities | $8K |
| Net Assets | $485K |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Carroll County 4 H And Ffa Fair Inc reported a surplus of $86K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carroll County 4 H And Ffa Fair Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.6% | +6.0% | +44.3% |
| 2022 | +164.9% | +455.1% | -6.6% |
| 2020 | -100.1% | -40.4% | -17.7% |
| 2019 | +27.5% | +11.2% | +26.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carroll County 4 H And Ffa Fair Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Carroll County 4 H And Ffa Fair Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This significantly reduces administrative costs and demonstrates a strong commitment to directing resources towards the fair's mission.
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.
Strengths
The following positive indicators were identified for Carroll County 4 H And Ffa Fair Inc:
- Consistent positive net income in recent years (e.g., $626,246 revenue vs. $540,284 expenses in 2023).
- 0% officer compensation across all filings, indicating volunteer leadership and high efficiency.
- Strong and consistent asset growth over the past decade, from $191,514 in 2014 to $493,234 in 2023.
- Low liabilities relative to assets, suggesting financial stability (e.g., $7,814 liabilities vs. $493,234 assets in 2023).
- Significant revenue growth in recent years, demonstrating increased community support and operational scale.
Frequently Asked Questions about Carroll County 4 H And Ffa Fair Inc
Is Carroll County 4 H And Ffa Fair Inc a legitimate charity?
Carroll County 4 H And Ffa Fair Inc (EIN: 200740620) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $568K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Carroll County 4 H And Ffa Fair Inc spend its money?
Carroll County 4 H And Ffa Fair Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Carroll County 4 H And Ffa Fair Inc tax-deductible?
Carroll County 4 H And Ffa Fair Inc is registered as a tax-exempt nonprofit (EIN: 200740620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Carroll County 4 H And Ffa Fair Inc's spending goes to programs?
Carroll County 4 H And Ffa Fair Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Carroll County 4 H And Ffa Fair Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Carroll County 4 H And Ffa Fair Inc is above average for NTEE category O52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carroll County 4 H And Ffa Fair Inc located?
Carroll County 4 H And Ffa Fair Inc is headquartered in Westminster, Maryland and files with the IRS under EIN 200740620. It is classified under NTEE code O52.
How many years of IRS 990 filings does Carroll County 4 H And Ffa Fair Inc have?
Carroll County 4 H And Ffa Fair Inc has 13 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 $568K in total revenue.
Is Carroll County 4 H And Ffa Fair Inc a good charity?
Based on its financial data, Carroll County 4 H And Ffa Fair Inc appears to be a very good charity. It consistently files its IRS 990s, shows strong financial health with growing assets and positive net income, and operates with 0% officer compensation, indicating high efficiency and volunteer commitment.
How has the organization's revenue trended over time?
The organization's revenue has shown significant growth and volatility. While there was a negative revenue year in 2020 ($-96), revenue rebounded strongly, reaching $626,246 in 2023, a substantial increase from earlier years like $86,447 in 2016.
What is the organization's asset growth like?
Carroll County 4 H And Ffa Fair Inc has demonstrated consistent asset growth, increasing from $191,514 in 2014 to $493,234 in 2023, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Carroll County 4 H And Ffa Fair Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carroll County 4 H And Ffa Fair Inc's revenue has grown by 50.9%, moving from $415K to $626K. Total assets increased by 226% over the same period, from $151K to $493K. Total functional expenses rose by 46%, from $370K to $540K. In its most recent filing year (2023), Carroll County 4 H And Ffa Fair Inc reported a surplus of $86K, with revenue exceeding expenses. The organization holds $8K in liabilities against $493K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $485K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $626K | $540K | $493K | $8K | — | — |
| 2022 | $483K | $510K | $342K | $4K | — | View 990 |
| 2021 | $182K | $92K | $366K | $2K | — | View 990 |
| 2020 | $-96 | $57K | $279K | $5K | — | View 990 |
| 2019 | $162K | $95K | $339K | $6K | — | View 990 |
| 2018 | $127K | $85K | $267K | $855 | — | View 990 |
| 2017 | $107K | $83K | $226K | $1K | — | View 990 |
| 2016 | $86K | $83K | $201K | $176 | — | View 990 |
| 2015 | $102K | $96K | $198K | $285 | — | View 990 |
| 2014 | $230K | $195K | $192K | $6K | — | View 990 |
| 2013 | $171K | $162K | $152K | $0 | — | View 990 |
| 2012 | $369K | $378K | $143K | $0 | — | View 990 |
| 2011 | $415K | $370K | $151K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $626K, expenses of $540K, and assets of $493K (revenue +29.6% year-over-year).
- 2022: Revenue of $483K, expenses of $510K, and assets of $342K (revenue +164.9% year-over-year).
- 2021: Revenue of $182K, expenses of $92K, and assets of $366K.
- 2020: Revenue of $-96, expenses of $57K, and assets of $279K (revenue -100.1% year-over-year).
- 2019: Revenue of $162K, expenses of $95K, and assets of $339K (revenue +27.5% year-over-year).
- 2018: Revenue of $127K, expenses of $85K, and assets of $267K (revenue +18.9% year-over-year).
- 2017: Revenue of $107K, expenses of $83K, and assets of $226K (revenue +23.7% year-over-year).
- 2016: Revenue of $86K, expenses of $83K, and assets of $201K (revenue -15.2% year-over-year).
- 2015: Revenue of $102K, expenses of $96K, and assets of $198K (revenue -55.6% year-over-year).
- 2014: Revenue of $230K, expenses of $195K, and assets of $192K (revenue +34.1% year-over-year).
- 2013: Revenue of $171K, expenses of $162K, and assets of $152K (revenue -53.5% year-over-year).
- 2012: Revenue of $369K, expenses of $378K, and assets of $143K (revenue -11.1% year-over-year).
- 2011: Revenue of $415K, expenses of $370K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carroll County 4 H And Ffa Fair Inc:
Data Sources and Methodology
This transparency report for Carroll County 4 H And Ffa Fair 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.