Kenai Peninsula Fair Association
EIN: 270502341 · Ninilchik, AK · NTEE: B99
Is Kenai Peninsula Fair Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kenai Peninsula Fair Association
Kenai Peninsula Fair Association (EIN: 270502341) is a nonprofit organization based in Ninilchik, AK, classified under NTEE code B99. The organization reported total revenue of $191K and total assets of $533K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kenai Peninsula Fair Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kenai Peninsula Fair Association is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $211K |
| Surplus / Deficit | $-46,163 |
| Total Assets | $520K |
| Total Liabilities | $61K |
| Net Assets | $460K |
| Operating Margin | -27.9% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 29.5 months |
Financial Health Grade: B
In 2023, Kenai Peninsula Fair Association reported a deficit of $46K with expenses exceeding revenue, holds 29.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kenai Peninsula Fair Association's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | -15.7% | -8.7% |
| 2022 | +66.1% | +24.4% | -9.4% |
| 2021 | +45.0% | +82.0% | -12.0% |
| 2020 | -45.8% | -47.2% | +4.8% |
| 2019 | +7.6% | +0.7% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kenai Peninsula Fair Association 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 Kenai Peninsula Fair Association 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.7%.
Frequently Asked Questions about Kenai Peninsula Fair Association
Is Kenai Peninsula Fair Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Kenai Peninsula Fair Association (EIN: 270502341) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kenai Peninsula Fair Association spend its money?
Detailed spending breakdown data is not yet available for Kenai Peninsula Fair Association. Check back for updated IRS 990 analysis.
Are donations to Kenai Peninsula Fair Association tax-deductible?
Kenai Peninsula Fair Association is registered as a tax-exempt nonprofit (EIN: 270502341). 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 Kenai Peninsula Fair Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kenai Peninsula Fair Association's revenue has declined by 51.6%, moving from $341K to $165K. Total assets increased by 0.7% over the same period, from $517K to $520K. Total functional expenses fell by 0.1%, from $212K to $211K. In its most recent filing year (2023), Kenai Peninsula Fair Association reported a deficit of $46K, with expenses exceeding revenue. The organization holds $61K in liabilities against $520K in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $460K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $165K | $211K | $520K | $61K | — | — |
| 2022 | $192K | $251K | $570K | $64K | — | — |
| 2021 | $115K | $201K | $629K | $64K | — | View 990 |
| 2020 | $80K | $111K | $715K | $64K | — | — |
| 2019 | $147K | $210K | $682K | $0 | — | View 990 |
| 2018 | $136K | $208K | $746K | $432 | — | View 990 |
| 2017 | $156K | $219K | $817K | $0 | — | View 990 |
| 2016 | $263K | $258K | $880K | $141 | — | View 990 |
| 2015 | $249K | $268K | $874K | $140 | — | View 990 |
| 2014 | $285K | $254K | $843K | $0 | — | View 990 |
| 2013 | $251K | $276K | $813K | $0 | — | View 990 |
| 2012 | $643K | $321K | $838K | $0 | — | View 990 |
| 2011 | $341K | $212K | $517K | $100 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $165K, expenses of $211K, and assets of $520K (revenue -13.8% year-over-year).
- 2022: Revenue of $192K, expenses of $251K, and assets of $570K (revenue +66.1% year-over-year).
- 2021: Revenue of $115K, expenses of $201K, and assets of $629K (revenue +45.0% year-over-year).
- 2020: Revenue of $80K, expenses of $111K, and assets of $715K (revenue -45.8% year-over-year).
- 2019: Revenue of $147K, expenses of $210K, and assets of $682K (revenue +7.6% year-over-year).
- 2018: Revenue of $136K, expenses of $208K, and assets of $746K (revenue -12.6% year-over-year).
- 2017: Revenue of $156K, expenses of $219K, and assets of $817K (revenue -40.8% year-over-year).
- 2016: Revenue of $263K, expenses of $258K, and assets of $880K (revenue +5.7% year-over-year).
- 2015: Revenue of $249K, expenses of $268K, and assets of $874K (revenue -12.6% year-over-year).
- 2014: Revenue of $285K, expenses of $254K, and assets of $843K (revenue +13.6% year-over-year).
- 2013: Revenue of $251K, expenses of $276K, and assets of $813K (revenue -61.0% year-over-year).
- 2012: Revenue of $643K, expenses of $321K, and assets of $838K (revenue +88.4% year-over-year).
- 2011: Revenue of $341K, expenses of $212K, and assets of $517K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kenai Peninsula Fair Association:
Data Sources and Methodology
This transparency report for Kenai Peninsula Fair Association 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.