Chester Agricultural & Mechanical Society
EIN: 66044475 · Chester, CT · NTEE: N52Z
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $137K |
| Net Assets | $432K |
Is Chester Agricultural & Mechanical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chester Agricultural & Mechanical Society
Chester Agricultural & Mechanical Society (EIN: 66044475) is a nonprofit organization based in Chester, CT, classified under NTEE code N52Z. The organization reported total revenue of $167K and total assets of $473K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chester Agricultural & Mechanical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chester Agricultural & Mechanical Society is a small nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $137K |
| Surplus / Deficit | $-8,146 |
| Total Assets | $452K |
| Total Liabilities | $20K |
| Net Assets | $432K |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 39.6 months |
Financial Health Grade: B
In 2023, Chester Agricultural & Mechanical Society reported a deficit of $8K with expenses exceeding revenue, holds 39.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chester Agricultural & Mechanical Society's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | +14.9% | -1.0% |
| 2022 | +2.4% | -2.1% | +4.9% |
| 2021 | +2105.8% | +439.6% | +4.4% |
| 2020 | -96.0% | -83.2% | -4.5% |
| 2019 | +6.8% | +29.9% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chester Agricultural & Mechanical Society 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 Chester Agricultural & Mechanical Society 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.4%.
Frequently Asked Questions about Chester Agricultural & Mechanical Society
Is Chester Agricultural & Mechanical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Chester Agricultural & Mechanical Society (EIN: 66044475) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chester Agricultural & Mechanical Society spend its money?
Detailed spending breakdown data is not yet available for Chester Agricultural & Mechanical Society. Check back for updated IRS 990 analysis.
Are donations to Chester Agricultural & Mechanical Society tax-deductible?
Chester Agricultural & Mechanical Society is registered as a tax-exempt nonprofit (EIN: 66044475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chester Agricultural & Mechanical Society located?
Chester Agricultural & Mechanical Society is headquartered in Chester, Connecticut and files with the IRS under EIN 66044475. It is classified under NTEE code N52Z.
How many years of IRS 990 filings does Chester Agricultural & Mechanical Society have?
Chester Agricultural & Mechanical Society 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 $167K in total revenue.
Filing History
IRS 990 filing history for Chester Agricultural & Mechanical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chester Agricultural & Mechanical Society's revenue has grown by 170.2%, moving from $48K to $129K. Total assets increased by 145.6% over the same period, from $184K to $452K. Total functional expenses rose by 67.6%, from $82K to $137K. In its most recent filing year (2023), Chester Agricultural & Mechanical Society reported a deficit of $8K, with expenses exceeding revenue. The organization holds $20K in liabilities against $452K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $432K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $137K | $452K | $20K | — | View 990 |
| 2022 | $139K | $119K | $457K | $16K | — | — |
| 2021 | $135K | $122K | $435K | $14K | — | View 990 |
| 2020 | $6K | $23K | $417K | $10K | — | — |
| 2019 | $155K | $134K | $436K | $13K | — | View 990 |
| 2018 | $145K | $103K | $411K | $9K | — | View 990 |
| 2017 | $130K | $107K | $392K | $21K | — | — |
| 2016 | $129K | $111K | $369K | $21K | — | View 990 |
| 2015 | $146K | $110K | $336K | $0 | — | View 990 |
| 2014 | $130K | $90K | $301K | $0 | — | View 990 |
| 2013 | $147K | $109K | $261K | $0 | — | View 990 |
| 2012 | $140K | $85K | $241K | $17K | — | View 990 |
| 2011 | $48K | $82K | $184K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $137K, and assets of $452K (revenue -7.2% year-over-year).
- 2022: Revenue of $139K, expenses of $119K, and assets of $457K (revenue +2.4% year-over-year).
- 2021: Revenue of $135K, expenses of $122K, and assets of $435K (revenue +2105.8% year-over-year).
- 2020: Revenue of $6K, expenses of $23K, and assets of $417K (revenue -96.0% year-over-year).
- 2019: Revenue of $155K, expenses of $134K, and assets of $436K (revenue +6.8% year-over-year).
- 2018: Revenue of $145K, expenses of $103K, and assets of $411K (revenue +12.1% year-over-year).
- 2017: Revenue of $130K, expenses of $107K, and assets of $392K (revenue +0.6% year-over-year).
- 2016: Revenue of $129K, expenses of $111K, and assets of $369K (revenue -11.5% year-over-year).
- 2015: Revenue of $146K, expenses of $110K, and assets of $336K (revenue +11.9% year-over-year).
- 2014: Revenue of $130K, expenses of $90K, and assets of $301K (revenue -11.2% year-over-year).
- 2013: Revenue of $147K, expenses of $109K, and assets of $261K (revenue +4.9% year-over-year).
- 2012: Revenue of $140K, expenses of $85K, and assets of $241K (revenue +193.1% year-over-year).
- 2011: Revenue of $48K, expenses of $82K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chester Agricultural & Mechanical Society:
Data Sources and Methodology
This transparency report for Chester Agricultural & Mechanical Society 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.