Isanti County Agricultural Society
Isanti County Agricultural Society shows consistent asset growth and no reported officer compensation.
EIN: 202695047 · Cambridge, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $521K |
| Total Expenses | $308K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is Isanti County Agricultural Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Isanti County Agricultural Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Isanti County Agricultural Society
Isanti County Agricultural Society (EIN: 202695047) is a nonprofit organization based in Cambridge, MN. The organization reported total revenue of $521K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isanti County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Isanti County Agricultural Society is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $489K |
| Total Expenses | $308K |
| Surplus / Deficit | +$181K |
| Total Assets | $1.4M |
| Total Liabilities | $8K |
| Net Assets | $1.4M |
| Operating Margin | 37.1% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 54.4 months |
Financial Health Grade: A
In 2023, Isanti County Agricultural Society reported a surplus of $181K with revenue exceeding expenses, holds 54.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Isanti County Agricultural Society's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +12.4% | +15.1% |
| 2022 | -11.3% | -6.6% | +19.2% |
| 2021 | +249.1% | +121.5% | +27.3% |
| 2020 | -46.2% | -48.0% | +1.2% |
| 2019 | +2.8% | +13.9% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Isanti County Agricultural Society with a Mission Score of 90 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, Isanti County Agricultural Society 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $181K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit of its size with assets exceeding $1.3 million.
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.
Strengths
The following positive indicators were identified for Isanti County Agricultural Society:
- Consistent asset growth, more than doubling from $601,997 in 2014 to $1,395,108 in 2023.
- No reported officer compensation across all filings, indicating volunteer leadership or highly efficient compensation practices.
- Consistent operational surplus, with revenue significantly exceeding expenses in most years (e.g., $489,212 revenue vs. $307,785 expenses in 2023).
- Low liabilities relative to assets, demonstrating strong financial health and minimal debt burden (e.g., $7,937 liabilities vs. $1,395,108 assets in 2023).
- Strong recovery and growth in revenue post-2020, indicating resilience and effective operations.
Frequently Asked Questions about Isanti County Agricultural Society
Is Isanti County Agricultural Society a legitimate charity?
Isanti County Agricultural Society (EIN: 202695047) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $521K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Isanti County Agricultural Society spend its money?
Isanti County Agricultural Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Isanti County Agricultural Society tax-deductible?
Isanti County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 202695047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Isanti County Agricultural Society CEO make?
Isanti County Agricultural Society's highest-compensated officer earns $1.3 annually. The organization reported $521K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Isanti County Agricultural Society's spending goes to programs?
Isanti County Agricultural Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Isanti County Agricultural Society located?
Isanti County Agricultural Society is headquartered in Cambridge, Minnesota and files with the IRS under EIN 202695047.
How many years of IRS 990 filings does Isanti County Agricultural Society have?
Isanti County Agricultural Society has 13 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 $521K in total revenue.
Is Isanti County Agricultural Society a good charity?
Based on the available financial data, the Isanti County Agricultural Society appears to be a well-managed and financially healthy organization. It consistently operates with a surplus, has significantly grown its assets from $601,997 in 2014 to $1,395,108 in 2023, and reports no officer compensation, suggesting strong dedication to its mission and efficient use of funds.
How has the organization's revenue trended over time?
The organization's revenue has shown a strong upward trend, recovering significantly from a dip in 2020 ($151,739) to reach $489,212 in 2023. This indicates robust fundraising or operational income generation.
What is the organization's asset growth like?
Assets have shown consistent and substantial growth, more than doubling from $601,997 in 2014 to $1,395,108 in 2023, indicating strong financial stewardship and accumulation of resources.
Does the organization have high administrative costs?
While specific program vs. administrative expense breakdowns are not provided in the summary, the consistent operational surplus (e.g., $489,212 revenue vs. $307,785 expenses in 2023) and the absence of officer compensation suggest that administrative costs are likely kept in check, allowing for a significant portion of funds to be directed towards its mission.
Filing History
IRS 990 filing history for Isanti County Agricultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Isanti County Agricultural Society's revenue has grown by 103.7%, moving from $240K to $489K. Total assets increased by 190.5% over the same period, from $480K to $1.4M. Total functional expenses rose by 27%, from $242K to $308K. In its most recent filing year (2023), Isanti County Agricultural Society reported a surplus of $181K, with revenue exceeding expenses. The organization holds $8K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $489K | $308K | $1.4M | $8K | — | View 990 |
| 2022 | $470K | $274K | $1.2M | $6K | — | View 990 |
| 2021 | $530K | $293K | $1.0M | $7K | — | View 990 |
| 2020 | $152K | $132K | $799K | $25K | — | View 990 |
| 2019 | $282K | $255K | $790K | $35K | — | View 990 |
| 2018 | $274K | $224K | $760K | $34K | — | View 990 |
| 2017 | $327K | $223K | $711K | $35K | — | View 990 |
| 2016 | $223K | $218K | $630K | $59K | — | View 990 |
| 2015 | $222K | $233K | $603K | $37K | — | View 990 |
| 2014 | $241K | $208K | $602K | $25K | — | View 990 |
| 2013 | $241K | $202K | $563K | $19K | — | View 990 |
| 2012 | $256K | $227K | $507K | $1K | — | View 990 |
| 2011 | $240K | $242K | $480K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $489K, expenses of $308K, and assets of $1.4M (revenue +4.1% year-over-year).
- 2022: Revenue of $470K, expenses of $274K, and assets of $1.2M (revenue -11.3% year-over-year).
- 2021: Revenue of $530K, expenses of $293K, and assets of $1.0M (revenue +249.1% year-over-year).
- 2020: Revenue of $152K, expenses of $132K, and assets of $799K (revenue -46.2% year-over-year).
- 2019: Revenue of $282K, expenses of $255K, and assets of $790K (revenue +2.8% year-over-year).
- 2018: Revenue of $274K, expenses of $224K, and assets of $760K (revenue -16.1% year-over-year).
- 2017: Revenue of $327K, expenses of $223K, and assets of $711K (revenue +46.7% year-over-year).
- 2016: Revenue of $223K, expenses of $218K, and assets of $630K (revenue +0.5% year-over-year).
- 2015: Revenue of $222K, expenses of $233K, and assets of $603K (revenue -8.0% year-over-year).
- 2014: Revenue of $241K, expenses of $208K, and assets of $602K (revenue +0.4% year-over-year).
- 2013: Revenue of $241K, expenses of $202K, and assets of $563K (revenue -5.9% year-over-year).
- 2012: Revenue of $256K, expenses of $227K, and assets of $507K (revenue +6.5% year-over-year).
- 2011: Revenue of $240K, expenses of $242K, and assets of $480K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Isanti County Agricultural Society:
Data Sources and Methodology
This transparency report for Isanti County Agricultural Society 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.