Jim Wells County Fair Assn
EIN: 741807475 · Alice, TX · NTEE: N52
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Net Assets | $432K |
Is Jim Wells County Fair Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jim Wells County Fair Assn
Jim Wells County Fair Assn (EIN: 741807475) is a nonprofit organization based in Alice, TX, classified under NTEE code N52. The organization reported total revenue of $1.4M and total assets of $380K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jim Wells County Fair Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jim Wells County Fair Assn is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$17K |
| Total Assets | $432K |
| Net Assets | $432K |
| Operating Margin | 1.2% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Jim Wells County Fair Assn reported a surplus of $17K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Jim Wells County Fair Assn's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +14.1% | +4.1% |
| 2022 | +44.8% | +55.3% | +6.5% |
| 2021 | +48.8% | +34.4% | +23.2% |
| 2020 | -39.0% | -29.4% | -2.0% |
| 2019 | +32.9% | +1.1% | +57.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jim Wells County Fair Assn 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 Jim Wells County Fair Assn 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 surplus of $17K, with revenue exceeding expenses.
Frequently Asked Questions about Jim Wells County Fair Assn
Is Jim Wells County Fair Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Jim Wells County Fair Assn (EIN: 741807475) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jim Wells County Fair Assn spend its money?
Detailed spending breakdown data is not yet available for Jim Wells County Fair Assn. Check back for updated IRS 990 analysis.
Are donations to Jim Wells County Fair Assn tax-deductible?
Jim Wells County Fair Assn is registered as a tax-exempt nonprofit (EIN: 741807475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jim Wells County Fair Assn located?
Jim Wells County Fair Assn is headquartered in Alice, Texas and files with the IRS under EIN 741807475. It is classified under NTEE code N52.
How many years of IRS 990 filings does Jim Wells County Fair Assn have?
Jim Wells County Fair Assn 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Jim Wells County Fair Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jim Wells County Fair Assn's revenue has grown by 18.9%, moving from $1.2M to $1.4M. Total assets increased by 198.1% over the same period, from $145K to $432K. Total functional expenses fell by 23.4%, from $1.8M to $1.4M. In its most recent filing year (2023), Jim Wells County Fair Assn reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $432K | $0 | — | — |
| 2022 | $1.2M | $1.2M | $415K | $0 | — | View 990 |
| 2021 | $845K | $772K | $390K | $0 | — | View 990 |
| 2020 | $568K | $574K | $316K | $0 | — | View 990 |
| 2019 | $932K | $814K | $323K | $0 | — | View 990 |
| 2018 | $701K | $804K | $205K | $0 | — | View 990 |
| 2017 | $740K | $691K | $309K | $831 | — | View 990 |
| 2016 | $689K | $710K | $259K | $0 | — | View 990 |
| 2015 | $817K | $807K | $281K | $0 | — | View 990 |
| 2014 | $1.3M | $1.2M | $271K | $0 | — | View 990 |
| 2013 | $1.2M | $1.2M | $253K | $0 | — | View 990 |
| 2012 | $1.3M | $1.2M | $274K | $0 | — | View 990 |
| 2011 | $1.2M | $1.8M | $145K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $432K (revenue +13.2% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $415K (revenue +44.8% year-over-year).
- 2021: Revenue of $845K, expenses of $772K, and assets of $390K (revenue +48.8% year-over-year).
- 2020: Revenue of $568K, expenses of $574K, and assets of $316K (revenue -39.0% year-over-year).
- 2019: Revenue of $932K, expenses of $814K, and assets of $323K (revenue +32.9% year-over-year).
- 2018: Revenue of $701K, expenses of $804K, and assets of $205K (revenue -5.2% year-over-year).
- 2017: Revenue of $740K, expenses of $691K, and assets of $309K (revenue +7.4% year-over-year).
- 2016: Revenue of $689K, expenses of $710K, and assets of $259K (revenue -15.7% year-over-year).
- 2015: Revenue of $817K, expenses of $807K, and assets of $281K (revenue -34.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $271K (revenue +3.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $253K (revenue -6.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $274K (revenue +11.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.8M, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jim Wells County Fair Assn:
Data Sources and Methodology
This transparency report for Jim Wells County Fair Assn 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.