Lincoln County Agricultural Society
EIN: 470428068 · North Platte, NE · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $618K |
| Total Expenses | $531K |
| Net Assets | $2.0M |
Is Lincoln 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 Lincoln County Agricultural Society
Lincoln County Agricultural Society (EIN: 470428068) is a nonprofit organization based in North Platte, NE, classified under NTEE code K20. The organization reported total revenue of $618K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln County Agricultural Society is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). 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 | $527K |
| Total Expenses | $531K |
| Surplus / Deficit | $-3,480 |
| Total Assets | $2.1M |
| Total Liabilities | $98K |
| Net Assets | $2.0M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 46.9 months |
Financial Health Grade: B
In 2023, Lincoln County Agricultural Society reported a deficit of $3K with expenses exceeding revenue, holds 46.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lincoln County Agricultural Society's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | +6.0% | +0.1% |
| 2022 | +10.7% | +27.4% | +3.9% |
| 2021 | -1.3% | -10.7% | +5.1% |
| 2020 | +13.0% | +4.7% | -0.1% |
| 2019 | -1.4% | -6.5% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincoln 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 Lincoln 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Lincoln County Agricultural Society
Is Lincoln County Agricultural Society a legitimate charity?
Lincoln County Agricultural Society (EIN: 470428068) is a registered tax-exempt nonprofit based in Nebraska. It has 12 years of IRS 990 filings on record. Total revenue: $618K. No red flags identified. Financial health grade: B.
How does Lincoln County Agricultural Society spend its money?
Lincoln County Agricultural Society reported $618K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lincoln County Agricultural Society tax-deductible?
Lincoln County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 470428068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincoln County Agricultural Society located?
Lincoln County Agricultural Society is headquartered in North Platte, Nebraska and files with the IRS under EIN 470428068. It is classified under NTEE code K20.
How many years of IRS 990 filings does Lincoln County Agricultural Society have?
Lincoln County Agricultural Society has 12 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 $618K in total revenue.
Filing History
IRS 990 filing history for Lincoln County Agricultural Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lincoln County Agricultural Society's revenue has grown by 17.6%, moving from $448K to $527K. Total assets increased by 27.8% over the same period, from $1.6M to $2.1M. Total functional expenses rose by 36.3%, from $389K to $531K. In its most recent filing year (2023), Lincoln County Agricultural Society reported a deficit of $3K, with expenses exceeding revenue. The organization holds $98K in liabilities against $2.1M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $527K | $531K | $2.1M | $98K | — | View 990 |
| 2022 | $562K | $500K | $2.1M | $99K | — | View 990 |
| 2021 | $508K | $393K | $2.0M | $88K | — | View 990 |
| 2020 | $514K | $440K | $1.9M | $109K | — | View 990 |
| 2019 | $455K | $420K | $1.9M | $185K | — | View 990 |
| 2018 | $461K | $450K | $1.9M | $196K | — | View 990 |
| 2017 | $730K | $430K | $1.9M | $255K | — | View 990 |
| 2016 | $475K | $415K | $1.7M | $288K | — | View 990 |
| 2015 | $538K | $430K | $1.7M | $331K | — | View 990 |
| 2014 | $484K | $437K | $1.7M | $467K | — | View 990 |
| 2013 | $446K | $432K | $1.7M | $485K | — | View 990 |
| 2012 | $448K | $389K | $1.6M | $452K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $527K, expenses of $531K, and assets of $2.1M (revenue -6.2% year-over-year).
- 2022: Revenue of $562K, expenses of $500K, and assets of $2.1M (revenue +10.7% year-over-year).
- 2021: Revenue of $508K, expenses of $393K, and assets of $2.0M (revenue -1.3% year-over-year).
- 2020: Revenue of $514K, expenses of $440K, and assets of $1.9M (revenue +13.0% year-over-year).
- 2019: Revenue of $455K, expenses of $420K, and assets of $1.9M (revenue -1.4% year-over-year).
- 2018: Revenue of $461K, expenses of $450K, and assets of $1.9M (revenue -36.8% year-over-year).
- 2017: Revenue of $730K, expenses of $430K, and assets of $1.9M (revenue +53.6% year-over-year).
- 2016: Revenue of $475K, expenses of $415K, and assets of $1.7M (revenue -11.7% year-over-year).
- 2015: Revenue of $538K, expenses of $430K, and assets of $1.7M (revenue +11.3% year-over-year).
- 2014: Revenue of $484K, expenses of $437K, and assets of $1.7M (revenue +8.4% year-over-year).
- 2013: Revenue of $446K, expenses of $432K, and assets of $1.7M (revenue -0.4% year-over-year).
- 2012: Revenue of $448K, expenses of $389K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln County Agricultural Society:
Data Sources and Methodology
This transparency report for Lincoln 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.