Clay County Agricultural Fair Association
EIN: 460273361 · Vermillion, SD · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $69K |
| Net Assets | $64K |
Is Clay County Agricultural Fair Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clay County Agricultural Fair Association
Clay County Agricultural Fair Association (EIN: 460273361) is a nonprofit organization based in Vermillion, SD, classified under NTEE code K20. The organization reported total revenue of $226K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clay County Agricultural Fair Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clay County Agricultural Fair Association is a small nonprofit that has been operating for 10 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $69K |
| Surplus / Deficit | +$5K |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | 7.1% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Clay County Agricultural Fair Association reported a surplus of $5K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Clay County Agricultural Fair Association's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.4% | +47.5% | +8.9% |
| 2022 | +46.6% | +2.6% | +33.8% |
| 2021 | -15.7% | +103.7% | -7.4% |
| 2020 | +35.4% | -46.8% | +137.9% |
| 2019 | +4.3% | +31.6% | -20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clay County Agricultural Fair Association 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 Clay County Agricultural Fair Association 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 $5K, with revenue exceeding expenses.
Frequently Asked Questions about Clay County Agricultural Fair Association
Is Clay County Agricultural Fair Association a legitimate charity?
Clay County Agricultural Fair Association (EIN: 460273361) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $226K. No red flags identified. Financial health grade: A.
How does Clay County Agricultural Fair Association spend its money?
Clay County Agricultural Fair Association reported $226K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Clay County Agricultural Fair Association tax-deductible?
Clay County Agricultural Fair Association is registered as a tax-exempt nonprofit (EIN: 460273361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clay County Agricultural Fair Association located?
Clay County Agricultural Fair Association is headquartered in Vermillion, South Dakota and files with the IRS under EIN 460273361. It is classified under NTEE code K20.
How many years of IRS 990 filings does Clay County Agricultural Fair Association have?
Clay County Agricultural Fair Association 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 $226K in total revenue.
Filing History
IRS 990 filing history for Clay County Agricultural Fair Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clay County Agricultural Fair Association's revenue has grown by 224.2%, moving from $23K to $74K. Total assets increased by 348.1% over the same period, from $14K to $64K. Total functional expenses rose by 152.6%, from $27K to $69K. In its most recent filing year (2023), Clay County Agricultural Fair Association reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $69K | $64K | $0 | — | View 990 |
| 2022 | $61K | $47K | $59K | $0 | — | View 990 |
| 2021 | $42K | $45K | $44K | $0 | — | — |
| 2020 | $50K | $22K | $47K | $0 | — | View 990 |
| 2019 | $37K | $42K | $20K | $0 | — | View 990 |
| 2018 | $35K | $32K | $25K | $0 | — | View 990 |
| 2017 | $48K | $48K | $22K | $0 | — | View 990 |
| 2016 | $33K | $33K | $21K | $0 | — | View 990 |
| 2015 | $30K | $30K | $22K | $0 | — | View 990 |
| 2014 | $37K | $31K | $21K | $0 | — | View 990 |
| 2013 | $22K | $31K | $15K | $0 | — | View 990 |
| 2012 | $26K | $16K | $24K | $0 | — | View 990 |
| 2011 | $23K | $27K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $69K, and assets of $64K (revenue +20.4% year-over-year).
- 2022: Revenue of $61K, expenses of $47K, and assets of $59K (revenue +46.6% year-over-year).
- 2021: Revenue of $42K, expenses of $45K, and assets of $44K (revenue -15.7% year-over-year).
- 2020: Revenue of $50K, expenses of $22K, and assets of $47K (revenue +35.4% year-over-year).
- 2019: Revenue of $37K, expenses of $42K, and assets of $20K (revenue +4.3% year-over-year).
- 2018: Revenue of $35K, expenses of $32K, and assets of $25K (revenue -26.9% year-over-year).
- 2017: Revenue of $48K, expenses of $48K, and assets of $22K (revenue +45.4% year-over-year).
- 2016: Revenue of $33K, expenses of $33K, and assets of $21K (revenue +9.0% year-over-year).
- 2015: Revenue of $30K, expenses of $30K, and assets of $22K (revenue -17.4% year-over-year).
- 2014: Revenue of $37K, expenses of $31K, and assets of $21K (revenue +69.5% year-over-year).
- 2013: Revenue of $22K, expenses of $31K, and assets of $15K (revenue -15.5% year-over-year).
- 2012: Revenue of $26K, expenses of $16K, and assets of $24K (revenue +12.6% year-over-year).
- 2011: Revenue of $23K, expenses of $27K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clay County Agricultural Fair Association:
Data Sources and Methodology
This transparency report for Clay County Agricultural Fair Association 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.