Kent Agricultural Center Inc
EIN: 521279539 · Chestertown, MD · NTEE: O52
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $102K |
| Net Assets | $331K |
Is Kent Agricultural Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kent Agricultural Center Inc
Kent Agricultural Center Inc (EIN: 521279539) is a nonprofit organization based in Chestertown, MD, classified under NTEE code O52. The organization reported total revenue of $479K and total assets of $542K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kent Agricultural Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kent Agricultural Center Inc is a small nonprofit that has been operating for 4 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $102K |
| Surplus / Deficit | +$66K |
| Total Assets | $331K |
| Net Assets | $331K |
| Operating Margin | 39.3% |
| Months of Reserves | 38.9 months |
Financial Health Grade: A
In 2023, Kent Agricultural Center Inc reported a surplus of $66K with revenue exceeding expenses, holds 38.9 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2023), Kent Agricultural Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +25.8% | +25.3% |
| 2022 | +93.0% | +26.5% | +96.4% |
| 2017 | +51.3% | -9.0% | +23.0% |
| 2016 | -24.7% | +12.8% | -10.6% |
| 2015 | -15.5% | -25.9% | +14.9% |
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 Kent Agricultural Center Inc 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 Kent Agricultural Center Inc 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 $66K, with revenue exceeding expenses.
Frequently Asked Questions about Kent Agricultural Center Inc
Is Kent Agricultural Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kent Agricultural Center Inc (EIN: 521279539) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kent Agricultural Center Inc spend its money?
Detailed spending breakdown data is not yet available for Kent Agricultural Center Inc. Check back for updated IRS 990 analysis.
Are donations to Kent Agricultural Center Inc tax-deductible?
Kent Agricultural Center Inc is registered as a tax-exempt nonprofit (EIN: 521279539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kent Agricultural Center Inc located?
Kent Agricultural Center Inc is headquartered in Chestertown, Maryland and files with the IRS under EIN 521279539. It is classified under NTEE code O52.
How many years of IRS 990 filings does Kent Agricultural Center Inc have?
Kent Agricultural Center Inc has 9 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 $479K in total revenue.
Filing History
IRS 990 filing history for Kent Agricultural Center Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Kent Agricultural Center Inc's revenue has grown by 167.6%, moving from $63K to $169K. Total assets increased by 358.9% over the same period, from $72K to $331K. Total functional expenses rose by 88.4%, from $54K to $102K. In its most recent filing year (2023), Kent Agricultural Center Inc reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $102K | $331K | $0 | — | — |
| 2022 | $173K | $81K | $264K | $63 | — | View 990 |
| 2017 | $89K | $64K | $135K | $0 | — | View 990 |
| 2016 | $59K | $71K | $109K | $0 | — | — |
| 2015 | $79K | $63K | $122K | $0 | — | View 990 |
| 2014 | $93K | $85K | $107K | $0 | — | View 990 |
| 2013 | $80K | $71K | $98K | $0 | — | View 990 |
| 2012 | $79K | $61K | $89K | $0 | — | View 990 |
| 2011 | $63K | $54K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $102K, and assets of $331K (revenue -2.4% year-over-year).
- 2022: Revenue of $173K, expenses of $81K, and assets of $264K (revenue +93.0% year-over-year).
- 2017: Revenue of $89K, expenses of $64K, and assets of $135K (revenue +51.3% year-over-year).
- 2016: Revenue of $59K, expenses of $71K, and assets of $109K (revenue -24.7% year-over-year).
- 2015: Revenue of $79K, expenses of $63K, and assets of $122K (revenue -15.5% year-over-year).
- 2014: Revenue of $93K, expenses of $85K, and assets of $107K (revenue +16.2% year-over-year).
- 2013: Revenue of $80K, expenses of $71K, and assets of $98K (revenue +1.7% year-over-year).
- 2012: Revenue of $79K, expenses of $61K, and assets of $89K (revenue +24.8% year-over-year).
- 2011: Revenue of $63K, expenses of $54K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kent Agricultural Center Inc:
Data Sources and Methodology
This transparency report for Kent Agricultural Center Inc 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.