Howard County Fair And Livestock Association
Howard County Fair And Livestock Association maintains stable assets and volunteer leadership despite recent minor operating deficits.
EIN: 113662683 · Nashville, AR · NTEE: N52 · Updated: 2026-03-28
Is Howard County Fair And Livestock Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Howard County Fair And Livestock Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Howard County Fair And Livestock Association
Howard County Fair And Livestock Association (EIN: 113662683) is a nonprofit organization based in Nashville, AR, classified under NTEE code N52. The organization reported total revenue of $230K and total assets of $674K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard County Fair And Livestock Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Howard County Fair And Livestock Association with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Howard County Fair And Livestock Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets over $600,000.
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.
Red Flags
The following concerns were identified during AI analysis of Howard County Fair And Livestock Association's IRS 990 filings:
- Slight operating deficit in 2023 ($228,670 expenses vs. $219,852 revenue)
- Increase in liabilities to $27,078 in 2023 after years of zero or minimal liabilities
Strengths
The following positive indicators were identified for Howard County Fair And Livestock Association:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership
- Stable and growing asset base, reaching $669,869 in 2023
- Consistent filing of IRS Form 990s, demonstrating transparency
- Revenue growth in recent years, from $91,612 in 2020 to $219,852 in 2023
- Clear alignment between NTEE code (N52) and organizational mission
Frequently Asked Questions about Howard County Fair And Livestock Association
Is Howard County Fair And Livestock Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard County Fair And Livestock Association (EIN: 113662683) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Howard County Fair And Livestock Association spend its money?
Howard County Fair And Livestock Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Howard County Fair And Livestock Association tax-deductible?
Howard County Fair And Livestock Association is registered as a tax-exempt nonprofit (EIN: 113662683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Howard County Fair And Livestock Association a good charity?
Yes, based on the available data, it appears to be a good charity. It has a stable asset base, consistent financial reporting, and notably, 0% officer compensation, indicating a strong volunteer commitment and efficient use of funds for its mission.
How has the organization's revenue trended over the last few years?
The organization's revenue has shown growth in recent years, increasing from $91,612 in 2020 to $219,852 in 2023, indicating a positive trend in its financial support and activities.
What is the organization's financial stability?
The organization demonstrates good financial stability with assets consistently above $600,000, reaching $669,869 in 2023. While there was a slight operating deficit in 2023, the overall asset base remains strong.
Are there any concerns regarding liabilities?
Liabilities have historically been minimal or zero, but increased to $27,078 in 2023. While not excessively high relative to assets, this increase warrants monitoring to ensure it doesn't become a recurring trend.
Filing History
IRS 990 filing history for Howard County Fair And Livestock Association showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2008–2023), Howard County Fair And Livestock Association's revenue has grown by 100.8%, moving from $110K to $220K. Total assets increased by 11.9% over the same period, from $599K to $670K. Total functional expenses rose by 115.4%, from $106K to $229K. In its most recent filing year (2023), Howard County Fair And Livestock Association reported a deficit of $9K, with expenses exceeding revenue. The organization holds $27K in liabilities against $670K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $643K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $229K | $670K | $27K | — | — |
| 2022 | $183K | $183K | $667K | $15K | — | View 990 |
| 2021 | $170K | $161K | $651K | $0 | — | View 990 |
| 2020 | $92K | $92K | $643K | $0 | — | — |
| 2019 | $98K | $109K | $643K | $0 | — | View 990 |
| 2018 | $90K | $88K | $653K | $0 | — | View 990 |
| 2017 | $117K | $115K | $652K | $0 | — | — |
| 2016 | $106K | $111K | $649K | $0 | — | View 990 |
| 2015 | $121K | $112K | $654K | $0 | — | View 990 |
| 2014 | $121K | $133K | $646K | $0 | — | View 990 |
| 2013 | $146K | $147K | $658K | $0 | — | View 990 |
| 2011 | $135K | $95K | $654K | $0 | — | View 990 |
| 2010 | $125K | $97K | $614K | $0 | — | View 990 |
| 2009 | $104K | $116K | $586K | $0 | — | View 990 |
| 2008 | $110K | $106K | $599K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $229K, and assets of $670K (revenue +20.1% year-over-year).
- 2022: Revenue of $183K, expenses of $183K, and assets of $667K (revenue +7.8% year-over-year).
- 2021: Revenue of $170K, expenses of $161K, and assets of $651K (revenue +85.4% year-over-year).
- 2020: Revenue of $92K, expenses of $92K, and assets of $643K (revenue -6.7% year-over-year).
- 2019: Revenue of $98K, expenses of $109K, and assets of $643K (revenue +9.0% year-over-year).
- 2018: Revenue of $90K, expenses of $88K, and assets of $653K (revenue -23.0% year-over-year).
- 2017: Revenue of $117K, expenses of $115K, and assets of $652K (revenue +10.5% year-over-year).
- 2016: Revenue of $106K, expenses of $111K, and assets of $649K (revenue -12.2% year-over-year).
- 2015: Revenue of $121K, expenses of $112K, and assets of $654K (revenue -0.6% year-over-year).
- 2014: Revenue of $121K, expenses of $133K, and assets of $646K (revenue -16.9% year-over-year).
- 2013: Revenue of $146K, expenses of $147K, and assets of $658K (revenue +8.4% year-over-year).
- 2011: Revenue of $135K, expenses of $95K, and assets of $654K (revenue +7.5% year-over-year).
- 2010: Revenue of $125K, expenses of $97K, and assets of $614K (revenue +20.9% year-over-year).
- 2009: Revenue of $104K, expenses of $116K, and assets of $586K (revenue -5.4% year-over-year).
- 2008: Revenue of $110K, expenses of $106K, and assets of $599K.
Data Sources and Methodology
This transparency report for Howard County Fair And Livestock Association 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.