Fayette County Cultural Trust
EIN: 651283985 · Connellsville, PA · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $517K |
| Total Expenses | $670K |
| Net Assets | $1.4M |
Is Fayette County Cultural Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fayette County Cultural Trust
Fayette County Cultural Trust (EIN: 651283985) is a nonprofit organization based in Connellsville, PA, classified under NTEE code A80. The organization reported total revenue of $517K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fayette County Cultural Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fayette County Cultural Trust is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $832K |
| Total Expenses | $670K |
| Surplus / Deficit | +$162K |
| Total Assets | $1.5M |
| Total Liabilities | $57K |
| Net Assets | $1.4M |
| Operating Margin | 19.5% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 26.8 months |
Financial Health Grade: A
In 2023, Fayette County Cultural Trust reported a surplus of $162K with revenue exceeding expenses, holds 26.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fayette County Cultural Trust's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.2% | +20.8% | +14.3% |
| 2022 | +7.3% | -7.1% | -0.6% |
| 2021 | +4.9% | -4.6% | +1.6% |
| 2020 | -19.4% | -26.9% | -10.9% |
| 2019 | -49.7% | +58.2% | -19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fayette County Cultural Trust 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 Fayette County Cultural Trust 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 $162K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Frequently Asked Questions about Fayette County Cultural Trust
Is Fayette County Cultural Trust a legitimate charity?
Fayette County Cultural Trust (EIN: 651283985) is a registered tax-exempt nonprofit based in Pennsylvania. It has 14 years of IRS 990 filings on record. Total revenue: $517K. No red flags identified. Financial health grade: A.
How does Fayette County Cultural Trust spend its money?
Fayette County Cultural Trust reported $517K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fayette County Cultural Trust tax-deductible?
Fayette County Cultural Trust is registered as a tax-exempt nonprofit (EIN: 651283985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fayette County Cultural Trust located?
Fayette County Cultural Trust is headquartered in Connellsville, Pennsylvania and files with the IRS under EIN 651283985. It is classified under NTEE code A80.
How many years of IRS 990 filings does Fayette County Cultural Trust have?
Fayette County Cultural Trust has 14 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 $517K in total revenue.
Filing History
IRS 990 filing history for Fayette County Cultural Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fayette County Cultural Trust's revenue has grown by 1149.9%, moving from $67K to $832K. Total assets increased by 471.6% over the same period, from $262K to $1.5M. Total functional expenses rose by 579%, from $99K to $670K. In its most recent filing year (2023), Fayette County Cultural Trust reported a surplus of $162K, with revenue exceeding expenses. The organization holds $57K in liabilities against $1.5M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $832K | $670K | $1.5M | $57K | — | — |
| 2022 | $533K | $554K | $1.3M | $31K | — | View 990 |
| 2021 | $496K | $597K | $1.3M | $18K | — | View 990 |
| 2020 | $473K | $625K | $1.3M | $7K | — | View 990 |
| 2019 | $587K | $855K | $1.5M | $16K | — | View 990 |
| 2018 | $1.2M | $541K | $1.8M | $37K | — | View 990 |
| 2017 | $634K | $486K | $1.3M | $107K | — | View 990 |
| 2016 | $556K | $471K | $1.1M | $100K | — | View 990 |
| 2015 | $578K | $316K | $1.0M | $104K | — | View 990 |
| 2014 | $476K | $185K | $776K | $122K | — | View 990 |
| 2013 | $214K | $124K | $574K | $211K | — | View 990 |
| 2012 | $139K | $137K | $294K | $20K | — | View 990 |
| 2011 | $119K | $107K | $266K | $4K | — | View 990 |
| 2010 | $67K | $99K | $262K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $832K, expenses of $670K, and assets of $1.5M (revenue +56.2% year-over-year).
- 2022: Revenue of $533K, expenses of $554K, and assets of $1.3M (revenue +7.3% year-over-year).
- 2021: Revenue of $496K, expenses of $597K, and assets of $1.3M (revenue +4.9% year-over-year).
- 2020: Revenue of $473K, expenses of $625K, and assets of $1.3M (revenue -19.4% year-over-year).
- 2019: Revenue of $587K, expenses of $855K, and assets of $1.5M (revenue -49.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $541K, and assets of $1.8M (revenue +84.2% year-over-year).
- 2017: Revenue of $634K, expenses of $486K, and assets of $1.3M (revenue +14.1% year-over-year).
- 2016: Revenue of $556K, expenses of $471K, and assets of $1.1M (revenue -3.8% year-over-year).
- 2015: Revenue of $578K, expenses of $316K, and assets of $1.0M (revenue +21.3% year-over-year).
- 2014: Revenue of $476K, expenses of $185K, and assets of $776K (revenue +122.7% year-over-year).
- 2013: Revenue of $214K, expenses of $124K, and assets of $574K (revenue +54.3% year-over-year).
- 2012: Revenue of $139K, expenses of $137K, and assets of $294K (revenue +16.0% year-over-year).
- 2011: Revenue of $119K, expenses of $107K, and assets of $266K (revenue +79.5% year-over-year).
- 2010: Revenue of $67K, expenses of $99K, and assets of $262K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fayette County Cultural Trust:
Data Sources and Methodology
This transparency report for Fayette County Cultural Trust 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.