Idaho State Horse Show Association Of Magic Valley Inc
EIN: 311634583 · Twin Falls, ID · NTEE: N50
| Metric | Value |
|---|---|
| Total Expenses | $11K |
| Net Assets | $10K |
Is Idaho State Horse Show Association Of Magic Valley Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idaho State Horse Show Association Of Magic Valley Inc
Idaho State Horse Show Association Of Magic Valley Inc (EIN: 311634583) is a nonprofit organization based in Twin Falls, ID, classified under NTEE code N50. 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 Idaho State Horse Show Association Of Magic Valley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idaho State Horse Show Association Of Magic Valley Inc is a micro nonprofit that has been operating for 27 years, with 9 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $11K |
| Surplus / Deficit | +$3K |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | 23.8% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2020, Idaho State Horse Show Association Of Magic Valley Inc reported a surplus of $3K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2020), Idaho State Horse Show Association Of Magic Valley Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +10.5% | -12.2% | +53.9% |
| 2019 | +49.0% | +19.5% | +9.4% |
| 2018 | -15.4% | +4.0% | -25.5% |
| 2017 | -52.7% | -46.2% | +4.0% |
| 2016 | +101.3% | +68.0% | +50.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idaho State Horse Show Association Of Magic Valley 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 Idaho State Horse Show Association Of Magic Valley 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Idaho State Horse Show Association Of Magic Valley Inc
Is Idaho State Horse Show Association Of Magic Valley Inc a legitimate charity?
Idaho State Horse Show Association Of Magic Valley Inc (EIN: 311634583) is a registered tax-exempt nonprofit based in Idaho. It has 9 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Idaho State Horse Show Association Of Magic Valley Inc spend its money?
Idaho State Horse Show Association Of Magic Valley Inc reported its financials in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idaho State Horse Show Association Of Magic Valley Inc tax-deductible?
Idaho State Horse Show Association Of Magic Valley Inc is registered as a tax-exempt nonprofit (EIN: 311634583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idaho State Horse Show Association Of Magic Valley Inc located?
Idaho State Horse Show Association Of Magic Valley Inc is headquartered in Twin Falls, Idaho and files with the IRS under EIN 311634583. It is classified under NTEE code N50.
How many years of IRS 990 filings does Idaho State Horse Show Association Of Magic Valley Inc have?
Idaho State Horse Show Association Of Magic Valley Inc has 9 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 Idaho State Horse Show Association Of Magic Valley Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2020), Idaho State Horse Show Association Of Magic Valley Inc's revenue has grown by 16.8%, moving from $12K to $14K. Total assets increased by 116.3% over the same period, from $5K to $10K. Total functional expenses rose by 7.7%, from $10K to $11K. In its most recent filing year (2020), Idaho State Horse Show Association Of Magic Valley Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $14K | $11K | $10K | $0 | — | View 990 |
| 2019 | $13K | $13K | $6K | $0 | — | View 990 |
| 2018 | $9K | $10K | $6K | $0 | — | View 990 |
| 2017 | $10K | $10K | $8K | $0 | — | View 990 |
| 2016 | $22K | $19K | $8K | $0 | — | View 990 |
| 2014 | $11K | $11K | $5K | $0 | — | View 990 |
| 2013 | $12K | $12K | $5K | $0 | — | View 990 |
| 2012 | $19K | $17K | $6K | $0 | — | View 990 |
| 2011 | $12K | $10K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $14K, expenses of $11K, and assets of $10K (revenue +10.5% year-over-year).
- 2019: Revenue of $13K, expenses of $13K, and assets of $6K (revenue +49.0% year-over-year).
- 2018: Revenue of $9K, expenses of $10K, and assets of $6K (revenue -15.4% year-over-year).
- 2017: Revenue of $10K, expenses of $10K, and assets of $8K (revenue -52.7% year-over-year).
- 2016: Revenue of $22K, expenses of $19K, and assets of $8K (revenue +101.3% year-over-year).
- 2014: Revenue of $11K, expenses of $11K, and assets of $5K (revenue -7.5% year-over-year).
- 2013: Revenue of $12K, expenses of $12K, and assets of $5K (revenue -38.6% year-over-year).
- 2012: Revenue of $19K, expenses of $17K, and assets of $6K (revenue +55.3% year-over-year).
- 2011: Revenue of $12K, expenses of $10K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idaho State Horse Show Association Of Magic Valley Inc:
Data Sources and Methodology
This transparency report for Idaho State Horse Show Association Of Magic Valley 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.