Graves County Fair Association Inc
EIN: 610902173 · Mayfield, KY
| Metric | Value |
|---|---|
| Total Expenses | $61K |
| Net Assets | $-4,088 |
Is Graves County Fair Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Graves County Fair Association Inc
Graves County Fair Association Inc (EIN: 610902173) is a nonprofit organization based in Mayfield, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Graves County Fair Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Graves County Fair Association Inc is a micro nonprofit, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $61K |
| Surplus / Deficit | $-3,999 |
| Total Assets | $762 |
| Total Liabilities | $5K |
| Net Assets | $-4,088 |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 636.5% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2016, Graves County Fair Association Inc reported a deficit of $4K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 636.5% (high leverage).
Financial Trends
Over 5 years of filings (2012–2016), Graves County Fair Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -9.9% | -8.2% | +12600.0% |
| 2015 | +56.5% | +53.9% | -99.8% |
| 2014 | -53.0% | -56.0% | -47.2% |
| 2013 | +66.2% | +72.9% | -67.9% |
AI Analysis Pending
AI enrichment for Graves County Fair Association 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 Graves County Fair Association 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 636.5%.
Frequently Asked Questions about Graves County Fair Association Inc
Is Graves County Fair Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Graves County Fair Association Inc (EIN: 610902173) insufficient data. 0 red flags identified, 0 strengths noted.
How does Graves County Fair Association Inc spend its money?
Detailed spending breakdown data is not yet available for Graves County Fair Association Inc. Check back for updated IRS 990 analysis.
Are donations to Graves County Fair Association Inc tax-deductible?
Graves County Fair Association Inc is registered as a tax-exempt nonprofit (EIN: 610902173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Graves County Fair Association Inc located?
Graves County Fair Association Inc is headquartered in Mayfield, Kentucky and files with the IRS under EIN 610902173.
How many years of IRS 990 filings does Graves County Fair Association Inc have?
Graves County Fair Association Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Graves County Fair Association Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Graves County Fair Association Inc's revenue has grown by 10.2%, moving from $52K to $57K. Total assets decreased by 95.8% over the same period, from $18K to $762. Total functional expenses rose by 7.5%, from $57K to $61K. In its most recent filing year (2016), Graves County Fair Association Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $5K in liabilities against $762 in assets (debt-to-asset ratio: 636.5%), resulting in net assets of $-4,088.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $57K | $61K | $762 | $5K | — | View 990 |
| 2015 | $64K | $67K | $6 | $95 | — | View 990 |
| 2014 | $41K | $44K | $3K | $0 | — | View 990 |
| 2013 | $87K | $99K | $6K | $0 | — | View 990 |
| 2012 | $52K | $57K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $57K, expenses of $61K, and assets of $762 (revenue -9.9% year-over-year).
- 2015: Revenue of $64K, expenses of $67K, and assets of $6 (revenue +56.5% year-over-year).
- 2014: Revenue of $41K, expenses of $44K, and assets of $3K (revenue -53.0% year-over-year).
- 2013: Revenue of $87K, expenses of $99K, and assets of $6K (revenue +66.2% year-over-year).
- 2012: Revenue of $52K, expenses of $57K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Graves County Fair Association Inc:
Data Sources and Methodology
This transparency report for Graves County Fair Association 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.