Lucas County Fair Association
EIN: 260506277 · Chariton, IA · NTEE: S200
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $162K |
| Net Assets | $995K |
Is Lucas County 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 Lucas County Fair Association
Lucas County Fair Association (EIN: 260506277) is a nonprofit organization based in Chariton, IA, classified under NTEE code S200. The organization reported total revenue of $136K and total assets of $996K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucas County Fair Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lucas County Fair Association is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $162K |
| Surplus / Deficit | +$102K |
| Total Assets | $995K |
| Net Assets | $995K |
| Operating Margin | 38.7% |
| Months of Reserves | 73.9 months |
Financial Health Grade: A
In 2023, Lucas County Fair Association reported a surplus of $102K with revenue exceeding expenses, holds 73.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lucas County Fair Association's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.8% | +23.7% | +12.9% |
| 2022 | +84.0% | +15.4% | +26.7% |
| 2021 | +177.1% | +54.6% | +8.5% |
| 2020 | -83.5% | +43.9% | -1.7% |
| 2019 | +126.0% | -26.1% | +100.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lucas County 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 Lucas County 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 surplus of $102K, with revenue exceeding expenses.
Frequently Asked Questions about Lucas County Fair Association
Is Lucas County Fair Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Lucas County Fair Association (EIN: 260506277) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lucas County Fair Association spend its money?
Detailed spending breakdown data is not yet available for Lucas County Fair Association. Check back for updated IRS 990 analysis.
Are donations to Lucas County Fair Association tax-deductible?
Lucas County Fair Association is registered as a tax-exempt nonprofit (EIN: 260506277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lucas County Fair Association located?
Lucas County Fair Association is headquartered in Chariton, Iowa and files with the IRS under EIN 260506277. It is classified under NTEE code S200.
How many years of IRS 990 filings does Lucas County Fair Association have?
Lucas County Fair Association 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 $136K in total revenue.
Filing History
IRS 990 filing history for Lucas County Fair Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lucas County Fair Association's revenue has grown by 249.2%, moving from $76K to $264K. Total assets increased by 10.7% over the same period, from $899K to $995K. Total functional expenses rose by 180.3%, from $58K to $162K. In its most recent filing year (2023), Lucas County Fair Association reported a surplus of $102K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $162K | $995K | $0 | — | View 990 |
| 2022 | $317K | $131K | $882K | $-502 | — | — |
| 2021 | $172K | $113K | $696K | $-502 | — | View 990 |
| 2020 | $62K | $73K | $641K | $0 | — | View 990 |
| 2019 | $377K | $51K | $653K | $0 | — | View 990 |
| 2018 | $167K | $69K | $326K | $3K | — | View 990 |
| 2017 | $82K | $66K | $228K | $0 | — | View 990 |
| 2016 | $73K | $67K | $212K | $0 | — | View 990 |
| 2015 | $75K | $38K | $967K | $0 | — | View 990 |
| 2014 | $56K | $52K | $930K | $0 | — | View 990 |
| 2013 | $69K | $69K | $927K | $0 | — | View 990 |
| 2012 | $73K | $45K | $927K | $0 | — | View 990 |
| 2011 | $76K | $58K | $899K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $162K, and assets of $995K (revenue -16.8% year-over-year).
- 2022: Revenue of $317K, expenses of $131K, and assets of $882K (revenue +84.0% year-over-year).
- 2021: Revenue of $172K, expenses of $113K, and assets of $696K (revenue +177.1% year-over-year).
- 2020: Revenue of $62K, expenses of $73K, and assets of $641K (revenue -83.5% year-over-year).
- 2019: Revenue of $377K, expenses of $51K, and assets of $653K (revenue +126.0% year-over-year).
- 2018: Revenue of $167K, expenses of $69K, and assets of $326K (revenue +102.4% year-over-year).
- 2017: Revenue of $82K, expenses of $66K, and assets of $228K (revenue +12.5% year-over-year).
- 2016: Revenue of $73K, expenses of $67K, and assets of $212K (revenue -1.7% year-over-year).
- 2015: Revenue of $75K, expenses of $38K, and assets of $967K (revenue +34.2% year-over-year).
- 2014: Revenue of $56K, expenses of $52K, and assets of $930K (revenue -19.5% year-over-year).
- 2013: Revenue of $69K, expenses of $69K, and assets of $927K (revenue -5.8% year-over-year).
- 2012: Revenue of $73K, expenses of $45K, and assets of $927K (revenue -3.1% year-over-year).
- 2011: Revenue of $76K, expenses of $58K, and assets of $899K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lucas County Fair Association:
Data Sources and Methodology
This transparency report for Lucas County 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.