Clay County Agricutural Society

Clay County Agricultural Society maintains strong asset growth and eliminates all liabilities, operating with volunteer leadership.

EIN: 203464191 · Deweese, NE · NTEE: N52 · Updated: 2026-03-28

$106KRevenue

$472KAssets

90/100Mission Score (Excellent)

N52

About Clay County Agricutural Society

Clay County Agricutural Society (EIN: 203464191) is a nonprofit organization based in Deweese, NE, classified under NTEE code N52. The organization reported total revenue of $106K and total assets of $472K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clay County Agricutural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Clay County Agricultural Society demonstrates consistent financial health with a strong asset base and no reported liabilities in its most recent filing (202106), indicating sound financial management. The organization has consistently maintained positive net assets over the years, growing from $340,127 in 2012 to $471,726 in 2021. While specific program spending details are not provided in the summary data, the consistent positive difference between revenue and expenses in most years suggests efficient operations. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds.

The organization's revenue has fluctuated, with a high of $187,697 in 2019 and a low of $106,464 in 2021. Despite these fluctuations, expenses have generally been kept well below revenue, leading to an accumulation of assets. The significant reduction in liabilities from $172,675 in 2012 to $0 in 2021 is a remarkable achievement, showcasing strong financial stewardship and a commitment to fiscal responsibility. This trend suggests a well-managed organization focused on long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Clay County Agricutural Society with a Mission Score of 90 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Clay County Agricutural Society allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.

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 Clay County Agricutural Society:

Elimination of all liabilities, reaching $0 in 2021 from $172,675 in 2012.
Consistent growth in assets, from $340,127 in 2012 to $471,726 in 2021.
No officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Expenses consistently lower than revenue in most periods, leading to positive net assets.
Strong financial stewardship and long-term sustainability demonstrated by asset accumulation and debt reduction.

Frequently Asked Questions about Clay County Agricutural Society

Is Clay County Agricultural Society a good charity?

Based on the provided IRS 990 data, Clay County Agricultural Society appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and has eliminated all liabilities. The absence of officer compensation suggests a highly efficient, volunteer-led operation.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Assets have grown from $340,127 in 2012 to $471,726 in 2021, and critically, liabilities have been reduced from $172,675 in 2012 to $0 in 2021, indicating excellent fiscal management.

What is the trend in revenue and expenses?

Revenue has fluctuated, peaking at $187,697 in 2019 and most recently at $106,464 in 2021. Expenses have generally been kept well below revenue, for example, $63,458 in expenses against $106,464 in revenue in 2021, contributing to asset growth.

Filing History

IRS 990 filing history for Clay County Agricutural Society showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2021), Clay County Agricutural Society's revenue has declined by 12.2%, moving from $121K to $106K. Total assets increased by 38.7% over the same period, from $340K to $472K. Total functional expenses fell by 31.4%, from $93K to $63K. In its most recent filing year (2021), Clay County Agricutural Society reported a surplus of $43K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2021	$106K	$63K	$472K	$0	—	—
2020	$163K	$147K	$429K	$0	—	View 990
2019	$188K	$119K	$433K	$21K	—	View 990
2018	$138K	$81K	$364K	$20K	—	View 990
2017	$110K	$113K	$360K	$73K	—	View 990
2016	$165K	$121K	$363K	$73K	—	View 990
2015	$126K	$84K	$338K	$92K	—	View 990
2013	$132K	$101K	$347K	$157K	—	View 990
2012	$121K	$93K	$340K	$173K	—	View 990

Year-by-Year Financial Summary

2021: Revenue of $106K, expenses of $63K, and assets of $472K (revenue -34.6% year-over-year).
2020: Revenue of $163K, expenses of $147K, and assets of $429K (revenue -13.3% year-over-year).
2019: Revenue of $188K, expenses of $119K, and assets of $433K (revenue +36.3% year-over-year).
2018: Revenue of $138K, expenses of $81K, and assets of $364K (revenue +25.5% year-over-year).
2017: Revenue of $110K, expenses of $113K, and assets of $360K (revenue -33.5% year-over-year).
2016: Revenue of $165K, expenses of $121K, and assets of $363K (revenue +30.8% year-over-year).
2015: Revenue of $126K, expenses of $84K, and assets of $338K (revenue -4.6% year-over-year).
2013: Revenue of $132K, expenses of $101K, and assets of $347K (revenue +8.9% year-over-year).
2012: Revenue of $121K, expenses of $93K, and assets of $340K.

Data Sources and Methodology

This transparency report for Clay County Agricutural 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.