Kanabec County Agricultural Society
EIN: 416037300 · Mora, MN
Is Kanabec 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 Kanabec County Agricultural Society
Kanabec County Agricultural Society (EIN: 416037300) is a nonprofit organization based in Mora, MN. The organization reported total revenue of $164K and total assets of $803K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kanabec County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Kanabec 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 Kanabec 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.
Frequently Asked Questions about Kanabec County Agricultural Society
Is Kanabec County Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Kanabec County Agricultural Society (EIN: 416037300) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kanabec County Agricultural Society spend its money?
Detailed spending breakdown data is not yet available for Kanabec County Agricultural Society. Check back for updated IRS 990 analysis.
Are donations to Kanabec County Agricultural Society tax-deductible?
Kanabec County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 416037300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Kanabec County Agricultural Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Kanabec County Agricultural Society's revenue has grown by 167%, moving from $77K to $205K. Total assets increased by 33.5% over the same period, from $612K to $817K. Total functional expenses rose by 299.2%, from $64K to $255K. In its most recent filing year (2023), Kanabec County Agricultural Society reported a deficit of $50K, with expenses exceeding revenue. The organization holds $96K in liabilities against $817K in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $721K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $255K | $817K | $96K | — | View 990 |
| 2022 | $167K | $230K | $685K | $0 | — | — |
| 2021 | $103K | $88K | $749K | $0 | — | — |
| 2020 | $90K | $76K | $734K | $9K | — | View 990 |
| 2018 | $63K | $71K | $709K | $14K | — | View 990 |
| 2017 | $78K | $72K | $660K | $18K | — | — |
| 2016 | $93K | $74K | $622K | $30K | — | View 990 |
| 2015 | $93K | $74K | $1.2M | $30K | — | — |
| 2014 | $75K | $68K | $620K | $37K | — | View 990 |
| 2013 | $93K | $66K | $611K | $51K | — | View 990 |
| 2012 | $81K | $82K | $612K | $60K | — | View 990 |
| 2011 | $77K | $64K | $612K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $255K, and assets of $817K (revenue +23.1% year-over-year).
- 2022: Revenue of $167K, expenses of $230K, and assets of $685K (revenue +62.2% year-over-year).
- 2021: Revenue of $103K, expenses of $88K, and assets of $749K (revenue +14.4% year-over-year).
- 2020: Revenue of $90K, expenses of $76K, and assets of $734K (revenue +42.0% year-over-year).
- 2018: Revenue of $63K, expenses of $71K, and assets of $709K (revenue -19.2% year-over-year).
- 2017: Revenue of $78K, expenses of $72K, and assets of $660K (revenue -15.4% year-over-year).
- 2016: Revenue of $93K, expenses of $74K, and assets of $622K (revenue +0.0% year-over-year).
- 2015: Revenue of $93K, expenses of $74K, and assets of $1.2M (revenue +23.3% year-over-year).
- 2014: Revenue of $75K, expenses of $68K, and assets of $620K (revenue -19.1% year-over-year).
- 2013: Revenue of $93K, expenses of $66K, and assets of $611K (revenue +14.0% year-over-year).
- 2012: Revenue of $81K, expenses of $82K, and assets of $612K (revenue +6.0% year-over-year).
- 2011: Revenue of $77K, expenses of $64K, and assets of $612K.
Data Sources and Methodology
This transparency report for Kanabec 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.