Kossuth County Agricultural And Motor Sports Museum
EIN: 270614976 · Algona, IA · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $48K |
| Net Assets | $1.3M |
Is Kossuth County Agricultural And Motor Sports Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kossuth County Agricultural And Motor Sports Museum
Kossuth County Agricultural And Motor Sports Museum (EIN: 270614976) is a nonprofit organization based in Algona, IA, classified under NTEE code A50. The organization reported total revenue of $22K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kossuth County Agricultural And Motor Sports Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kossuth County Agricultural And Motor Sports Museum is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $48K |
| Surplus / Deficit | $-9,573 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -25.1% |
| Months of Reserves | 322.9 months |
Financial Health Grade: B
In 2023, Kossuth County Agricultural And Motor Sports Museum reported a deficit of $10K with expenses exceeding revenue, holds 322.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kossuth County Agricultural And Motor Sports Museum's revenue has declined at a compound annual growth rate (CAGR) of -14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.1% | +3.3% | -0.7% |
| 2022 | +2777.5% | +9.1% | +128.6% |
| 2021 | -36.7% | -1.6% | -2.7% |
| 2020 | +38.1% | +1.7% | -7.3% |
| 2019 | +73.0% | -19.2% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kossuth County Agricultural And Motor Sports Museum 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 Kossuth County Agricultural And Motor Sports Museum 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 $10K, with expenses exceeding revenue.
Frequently Asked Questions about Kossuth County Agricultural And Motor Sports Museum
Is Kossuth County Agricultural And Motor Sports Museum a legitimate charity?
Kossuth County Agricultural And Motor Sports Museum (EIN: 270614976) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $22K. No red flags identified. Financial health grade: B.
How does Kossuth County Agricultural And Motor Sports Museum spend its money?
Kossuth County Agricultural And Motor Sports Museum reported $22K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kossuth County Agricultural And Motor Sports Museum tax-deductible?
Kossuth County Agricultural And Motor Sports Museum is registered as a tax-exempt nonprofit (EIN: 270614976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kossuth County Agricultural And Motor Sports Museum located?
Kossuth County Agricultural And Motor Sports Museum is headquartered in Algona, Iowa and files with the IRS under EIN 270614976. It is classified under NTEE code A50.
How many years of IRS 990 filings does Kossuth County Agricultural And Motor Sports Museum have?
Kossuth County Agricultural And Motor Sports Museum 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 $22K in total revenue.
Filing History
IRS 990 filing history for Kossuth County Agricultural And Motor Sports Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kossuth County Agricultural And Motor Sports Museum's revenue has declined by 85.6%, moving from $266K to $38K. Total assets increased by 636.6% over the same period, from $175K to $1.3M. Total functional expenses fell by 51.2%, from $98K to $48K. In its most recent filing year (2023), Kossuth County Agricultural And Motor Sports Museum reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $48K | $1.3M | $0 | — | — |
| 2022 | $775K | $46K | $1.3M | $0 | — | — |
| 2021 | $27K | $42K | $567K | $0 | — | View 990 |
| 2020 | $43K | $43K | $582K | $0 | — | View 990 |
| 2019 | $31K | $42K | $628K | $45K | — | View 990 |
| 2018 | $18K | $52K | $681K | $86K | — | View 990 |
| 2017 | $31K | $43K | $760K | $131K | — | View 990 |
| 2016 | $56K | $51K | $817K | $176K | — | View 990 |
| 2015 | $40K | $46K | $857K | $221K | — | View 990 |
| 2014 | $91K | $57K | $908K | $266K | — | View 990 |
| 2013 | $155K | $31K | $915K | $308K | — | View 990 |
| 2012 | $329K | $21K | $840K | $356K | — | View 990 |
| 2011 | $266K | $98K | $175K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $48K, and assets of $1.3M (revenue -95.1% year-over-year).
- 2022: Revenue of $775K, expenses of $46K, and assets of $1.3M (revenue +2777.5% year-over-year).
- 2021: Revenue of $27K, expenses of $42K, and assets of $567K (revenue -36.7% year-over-year).
- 2020: Revenue of $43K, expenses of $43K, and assets of $582K (revenue +38.1% year-over-year).
- 2019: Revenue of $31K, expenses of $42K, and assets of $628K (revenue +73.0% year-over-year).
- 2018: Revenue of $18K, expenses of $52K, and assets of $681K (revenue -41.8% year-over-year).
- 2017: Revenue of $31K, expenses of $43K, and assets of $760K (revenue -45.6% year-over-year).
- 2016: Revenue of $56K, expenses of $51K, and assets of $817K (revenue +39.8% year-over-year).
- 2015: Revenue of $40K, expenses of $46K, and assets of $857K (revenue -55.7% year-over-year).
- 2014: Revenue of $91K, expenses of $57K, and assets of $908K (revenue -41.2% year-over-year).
- 2013: Revenue of $155K, expenses of $31K, and assets of $915K (revenue -53.1% year-over-year).
- 2012: Revenue of $329K, expenses of $21K, and assets of $840K (revenue +23.9% year-over-year).
- 2011: Revenue of $266K, expenses of $98K, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kossuth County Agricultural And Motor Sports Museum:
Data Sources and Methodology
This transparency report for Kossuth County Agricultural And Motor Sports Museum 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.