Fayette County Economic Development Commission
EIN: 421342891 · West Union, IA
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $124K |
| Net Assets | $115K |
Is Fayette County Economic Development Commission 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 Economic Development Commission
Fayette County Economic Development Commission (EIN: 421342891) is a nonprofit organization based in West Union, IA. The organization reported total revenue of $112K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fayette County Economic Development Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fayette County Economic Development Commission is a small nonprofit that has been operating for 36 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $124K |
| Surplus / Deficit | $-11,529 |
| Total Assets | $115K |
| Net Assets | $115K |
| Operating Margin | -10.3% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2018, Fayette County Economic Development Commission reported a deficit of $12K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2012–2018), Fayette County Economic Development Commission's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -6.2% | +0.9% | -9.1% |
| 2017 | -7.1% | +30.3% | -2.3% |
| 2016 | +5.4% | -22.1% | +36.7% |
| 2015 | -10.3% | +12.7% | +1.6% |
| 2014 | +8.4% | -12.8% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fayette County Economic Development Commission 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 Economic Development Commission 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Frequently Asked Questions about Fayette County Economic Development Commission
Is Fayette County Economic Development Commission a legitimate charity?
Based on AI analysis of IRS 990 filings, Fayette County Economic Development Commission (EIN: 421342891) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fayette County Economic Development Commission spend its money?
Detailed spending breakdown data is not yet available for Fayette County Economic Development Commission. Check back for updated IRS 990 analysis.
Are donations to Fayette County Economic Development Commission tax-deductible?
Fayette County Economic Development Commission is registered as a tax-exempt nonprofit (EIN: 421342891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fayette County Economic Development Commission located?
Fayette County Economic Development Commission is headquartered in West Union, Iowa and files with the IRS under EIN 421342891.
How many years of IRS 990 filings does Fayette County Economic Development Commission have?
Fayette County Economic Development Commission has 7 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 $112K in total revenue.
Filing History
IRS 990 filing history for Fayette County Economic Development Commission showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Fayette County Economic Development Commission's revenue has grown by 4.4%, moving from $108K to $112K. Total assets increased by 88.3% over the same period, from $61K to $115K. Total functional expenses rose by 17%, from $106K to $124K. In its most recent filing year (2018), Fayette County Economic Development Commission reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $112K | $124K | $115K | $0 | — | View 990 |
| 2017 | $120K | $123K | $126K | $0 | — | View 990 |
| 2016 | $129K | $94K | $129K | $0 | — | View 990 |
| 2015 | $122K | $121K | $95K | $0 | — | View 990 |
| 2014 | $137K | $107K | $93K | $0 | — | View 990 |
| 2013 | $126K | $123K | $64K | $0 | — | View 990 |
| 2012 | $108K | $106K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $112K, expenses of $124K, and assets of $115K (revenue -6.2% year-over-year).
- 2017: Revenue of $120K, expenses of $123K, and assets of $126K (revenue -7.1% year-over-year).
- 2016: Revenue of $129K, expenses of $94K, and assets of $129K (revenue +5.4% year-over-year).
- 2015: Revenue of $122K, expenses of $121K, and assets of $95K (revenue -10.3% year-over-year).
- 2014: Revenue of $137K, expenses of $107K, and assets of $93K (revenue +8.4% year-over-year).
- 2013: Revenue of $126K, expenses of $123K, and assets of $64K (revenue +17.1% year-over-year).
- 2012: Revenue of $108K, expenses of $106K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fayette County Economic Development Commission:
Data Sources and Methodology
This transparency report for Fayette County Economic Development Commission 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.