Fossil Country Futures Inc
EIN: 742504351 · Kemmerer, WY · NTEE: A500
| Metric | Value |
|---|---|
| Total Revenue | $45K |
| Total Expenses | $56K |
| Net Assets | $29K |
Is Fossil Country Futures Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fossil Country Futures Inc
Fossil Country Futures Inc (EIN: 742504351) is a nonprofit organization based in Kemmerer, WY, classified under NTEE code A500. The organization reported total revenue of $45K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fossil Country Futures Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fossil Country Futures Inc is a micro nonprofit that has been operating for 38 years, with 6 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $56K |
| Surplus / Deficit | $-11,140 |
| Total Assets | $34K |
| Total Liabilities | $5K |
| Net Assets | $29K |
| Operating Margin | -24.9% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2018, Fossil Country Futures Inc reported a deficit of $11K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 6 years of filings (2012–2018), Fossil Country Futures Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -1.1% | -27.6% | -28.8% |
| 2016 | -49.2% | -20.8% | -38.0% |
| 2015 | +75.5% | +42.4% | -8.9% |
| 2014 | +2.7% | -3.8% | -17.1% |
| 2013 | -7.6% | +4.8% | -20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fossil Country Futures Inc 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 Fossil Country Futures Inc 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.8%.
Frequently Asked Questions about Fossil Country Futures Inc
Is Fossil Country Futures Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fossil Country Futures Inc (EIN: 742504351) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fossil Country Futures Inc spend its money?
Detailed spending breakdown data is not yet available for Fossil Country Futures Inc. Check back for updated IRS 990 analysis.
Are donations to Fossil Country Futures Inc tax-deductible?
Fossil Country Futures Inc is registered as a tax-exempt nonprofit (EIN: 742504351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fossil Country Futures Inc located?
Fossil Country Futures Inc is headquartered in Kemmerer, Wyoming and files with the IRS under EIN 742504351. It is classified under NTEE code A500.
How many years of IRS 990 filings does Fossil Country Futures Inc have?
Fossil Country Futures Inc has 6 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 $45K in total revenue.
Filing History
IRS 990 filing history for Fossil Country Futures Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2018), Fossil Country Futures Inc's revenue has declined by 16.3%, moving from $54K to $45K. Total assets decreased by 73.3% over the same period, from $126K to $34K. Total functional expenses fell by 17.7%, from $68K to $56K. In its most recent filing year (2018), Fossil Country Futures Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $5K in liabilities against $34K in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $45K | $56K | $34K | $5K | — | View 990 |
| 2016 | $45K | $77K | $47K | $7K | — | View 990 |
| 2015 | $89K | $98K | $76K | $4K | — | View 990 |
| 2014 | $51K | $68K | $84K | $3K | — | View 990 |
| 2013 | $49K | $71K | $101K | $3K | — | View 990 |
| 2012 | $54K | $68K | $126K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $45K, expenses of $56K, and assets of $34K (revenue -1.1% year-over-year).
- 2016: Revenue of $45K, expenses of $77K, and assets of $47K (revenue -49.2% year-over-year).
- 2015: Revenue of $89K, expenses of $98K, and assets of $76K (revenue +75.5% year-over-year).
- 2014: Revenue of $51K, expenses of $68K, and assets of $84K (revenue +2.7% year-over-year).
- 2013: Revenue of $49K, expenses of $71K, and assets of $101K (revenue -7.6% year-over-year).
- 2012: Revenue of $54K, expenses of $68K, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fossil Country Futures Inc:
Data Sources and Methodology
This transparency report for Fossil Country Futures Inc 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.