Marcus Community Fair
EIN: 421506451 · Marcus, IA · NTEE: N525
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $92K |
| Net Assets | $382K |
Is Marcus Community Fair Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marcus Community Fair
Marcus Community Fair (EIN: 421506451) is a nonprofit organization based in Marcus, IA, classified under NTEE code N525. The organization reported total revenue of $187K and total assets of $323K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marcus Community Fair's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marcus Community Fair is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $92K |
| Surplus / Deficit | $-16,254 |
| Total Assets | $382K |
| Net Assets | $382K |
| Operating Margin | -21.4% |
| Months of Reserves | 49.7 months |
Financial Health Grade: B
In 2023, Marcus Community Fair reported a deficit of $16K with expenses exceeding revenue, holds 49.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Marcus Community Fair's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | +55.5% | -4.1% |
| 2022 | -25.8% | -8.2% | +5.7% |
| 2021 | +99.0% | +76.4% | +13.3% |
| 2020 | -22.0% | -7.7% | +5.7% |
| 2019 | +14.7% | -21.8% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marcus Community Fair 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 Marcus Community Fair 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 $16K, with expenses exceeding revenue.
Frequently Asked Questions about Marcus Community Fair
Is Marcus Community Fair a legitimate charity?
Based on AI analysis of IRS 990 filings, Marcus Community Fair (EIN: 421506451) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marcus Community Fair spend its money?
Detailed spending breakdown data is not yet available for Marcus Community Fair. Check back for updated IRS 990 analysis.
Are donations to Marcus Community Fair tax-deductible?
Marcus Community Fair is registered as a tax-exempt nonprofit (EIN: 421506451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marcus Community Fair located?
Marcus Community Fair is headquartered in Marcus, Iowa and files with the IRS under EIN 421506451. It is classified under NTEE code N525.
How many years of IRS 990 filings does Marcus Community Fair have?
Marcus Community Fair 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 $187K in total revenue.
Filing History
IRS 990 filing history for Marcus Community Fair showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marcus Community Fair's revenue has declined by 17.5%, moving from $92K to $76K. Total assets increased by 59.9% over the same period, from $239K to $382K. Total functional expenses rose by 24.4%, from $74K to $92K. In its most recent filing year (2023), Marcus Community Fair reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $92K | $382K | $0 | — | View 990 |
| 2022 | $81K | $59K | $398K | $0 | — | View 990 |
| 2021 | $109K | $65K | $377K | $0 | — | View 990 |
| 2020 | $55K | $37K | $332K | $0 | — | — |
| 2019 | $70K | $40K | $314K | $0 | — | View 990 |
| 2018 | $61K | $51K | $284K | $0 | — | — |
| 2017 | $85K | $46K | $274K | $0 | — | View 990 |
| 2016 | $85K | $46K | $274K | $0 | — | — |
| 2015 | $72K | $76K | $234K | $0 | — | — |
| 2014 | $65K | $61K | $227K | $0 | — | — |
| 2013 | $67K | $66K | $223K | $0 | — | — |
| 2012 | $66K | $73K | $232K | $10K | — | — |
| 2011 | $92K | $74K | $239K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $92K, and assets of $382K (revenue -5.8% year-over-year).
- 2022: Revenue of $81K, expenses of $59K, and assets of $398K (revenue -25.8% year-over-year).
- 2021: Revenue of $109K, expenses of $65K, and assets of $377K (revenue +99.0% year-over-year).
- 2020: Revenue of $55K, expenses of $37K, and assets of $332K (revenue -22.0% year-over-year).
- 2019: Revenue of $70K, expenses of $40K, and assets of $314K (revenue +14.7% year-over-year).
- 2018: Revenue of $61K, expenses of $51K, and assets of $284K (revenue -27.9% year-over-year).
- 2017: Revenue of $85K, expenses of $46K, and assets of $274K (revenue +0.0% year-over-year).
- 2016: Revenue of $85K, expenses of $46K, and assets of $274K (revenue +16.9% year-over-year).
- 2015: Revenue of $72K, expenses of $76K, and assets of $234K (revenue +10.9% year-over-year).
- 2014: Revenue of $65K, expenses of $61K, and assets of $227K (revenue -2.6% year-over-year).
- 2013: Revenue of $67K, expenses of $66K, and assets of $223K (revenue +1.5% year-over-year).
- 2012: Revenue of $66K, expenses of $73K, and assets of $232K (revenue -28.2% year-over-year).
- 2011: Revenue of $92K, expenses of $74K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marcus Community Fair:
Data Sources and Methodology
This transparency report for Marcus Community Fair 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.