Jasper County Agricultural Society
EIN: 426076580 · Colfax, IA · NTEE: K03
| Metric | Value |
|---|---|
| Total Revenue | $281K |
| Total Expenses | $189K |
| Net Assets | $84K |
Is Jasper County Agricultural Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jasper County Agricultural Society
Jasper County Agricultural Society (EIN: 426076580) is a nonprofit organization based in Colfax, IA, classified under NTEE code K03. The organization reported total revenue of $281K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jasper County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jasper County Agricultural Society is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $189K |
| Surplus / Deficit | $-17,730 |
| Total Assets | $84K |
| Net Assets | $84K |
| Operating Margin | -10.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Jasper County Agricultural Society reported a deficit of $18K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2022–2023), Jasper County Agricultural Society's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +1.0% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jasper County Agricultural Society 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 Jasper County Agricultural Society 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Jasper County Agricultural Society
Is Jasper County Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Jasper County Agricultural Society (EIN: 426076580) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jasper County Agricultural Society spend its money?
Detailed spending breakdown data is not yet available for Jasper County Agricultural Society. Check back for updated IRS 990 analysis.
Are donations to Jasper County Agricultural Society tax-deductible?
Jasper County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 426076580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jasper County Agricultural Society located?
Jasper County Agricultural Society is headquartered in Colfax, Iowa and files with the IRS under EIN 426076580. It is classified under NTEE code K03.
How many years of IRS 990 filings does Jasper County Agricultural Society have?
Jasper County Agricultural Society has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $281K in total revenue.
Filing History
IRS 990 filing history for Jasper County Agricultural Society showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Jasper County Agricultural Society's revenue has declined by 6.3%, moving from $183K to $172K. Total assets decreased by 17.6% over the same period, from $101K to $84K. Total functional expenses rose by 1%, from $187K to $189K. In its most recent filing year (2023), Jasper County Agricultural Society reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $189K | $84K | $0 | — | View 990 |
| 2022 | $183K | $187K | $101K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jasper County Agricultural Society:
Data Sources and Methodology
This transparency report for Jasper 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.