Meade County Fair Inc
EIN: 611191667 · Brandenburg, KY · NTEE: N52
| Metric | Value |
|---|---|
| Total Revenue | $391K |
| Total Expenses | $347K |
| Net Assets | $767K |
Is Meade County Fair Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Meade County Fair Inc
Meade County Fair Inc (EIN: 611191667) is a nonprofit organization based in Brandenburg, KY, classified under NTEE code N52. The organization reported total revenue of $391K and total assets of $727K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meade County Fair Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meade County Fair Inc is a small nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $408K |
| Total Expenses | $347K |
| Surplus / Deficit | +$61K |
| Total Assets | $773K |
| Total Liabilities | $6K |
| Net Assets | $767K |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 26.7 months |
Financial Health Grade: A
In 2023, Meade County Fair Inc reported a surplus of $61K with revenue exceeding expenses, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Meade County Fair Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.1% | -1.2% | +9.5% |
| 2022 | +6.2% | +25.7% | +5.5% |
| 2021 | +1408.3% | +135.7% | +9.3% |
| 2020 | -92.8% | -60.3% | -16.9% |
| 2019 | -23.4% | -2.0% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1250 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Meade County Fair 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 Meade County Fair 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 $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Meade County Fair Inc
Is Meade County Fair Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meade County Fair Inc (EIN: 611191667) insufficient data. 0 red flags identified, 0 strengths noted.
How does Meade County Fair Inc spend its money?
Detailed spending breakdown data is not yet available for Meade County Fair Inc. Check back for updated IRS 990 analysis.
Are donations to Meade County Fair Inc tax-deductible?
Meade County Fair Inc is registered as a tax-exempt nonprofit (EIN: 611191667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Meade County Fair Inc located?
Meade County Fair Inc is headquartered in Brandenburg, Kentucky and files with the IRS under EIN 611191667. It is classified under NTEE code N52.
How many years of IRS 990 filings does Meade County Fair Inc have?
Meade County Fair Inc 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 $391K in total revenue.
Filing History
IRS 990 filing history for Meade County Fair Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Meade County Fair Inc's revenue has grown by 57.9%, moving from $259K to $408K. Total assets increased by 81.7% over the same period, from $426K to $773K. Total functional expenses rose by 42.6%, from $244K to $347K. In its most recent filing year (2023), Meade County Fair Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $6K in liabilities against $773K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $767K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $408K | $347K | $773K | $6K | — | — |
| 2022 | $389K | $352K | $706K | $0 | — | View 990 |
| 2021 | $366K | $280K | $669K | $0 | — | View 990 |
| 2020 | $24K | $119K | $612K | $29K | — | — |
| 2019 | $335K | $299K | $737K | $59K | — | — |
| 2018 | $437K | $305K | $682K | $40K | — | View 990 |
| 2017 | $292K | $292K | $545K | $35K | — | View 990 |
| 2016 | $266K | $307K | $585K | $75K | — | View 990 |
| 2015 | $365K | $258K | $626K | $75K | — | View 990 |
| 2014 | $280K | $292K | $444K | $0 | — | View 990 |
| 2013 | $288K | $282K | $456K | $0 | — | View 990 |
| 2012 | $254K | $219K | $451K | $0 | — | — |
| 2011 | $259K | $244K | $426K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $408K, expenses of $347K, and assets of $773K (revenue +5.1% year-over-year).
- 2022: Revenue of $389K, expenses of $352K, and assets of $706K (revenue +6.2% year-over-year).
- 2021: Revenue of $366K, expenses of $280K, and assets of $669K (revenue +1408.3% year-over-year).
- 2020: Revenue of $24K, expenses of $119K, and assets of $612K (revenue -92.8% year-over-year).
- 2019: Revenue of $335K, expenses of $299K, and assets of $737K (revenue -23.4% year-over-year).
- 2018: Revenue of $437K, expenses of $305K, and assets of $682K (revenue +49.7% year-over-year).
- 2017: Revenue of $292K, expenses of $292K, and assets of $545K (revenue +9.5% year-over-year).
- 2016: Revenue of $266K, expenses of $307K, and assets of $585K (revenue -26.9% year-over-year).
- 2015: Revenue of $365K, expenses of $258K, and assets of $626K (revenue +30.1% year-over-year).
- 2014: Revenue of $280K, expenses of $292K, and assets of $444K (revenue -2.6% year-over-year).
- 2013: Revenue of $288K, expenses of $282K, and assets of $456K (revenue +13.3% year-over-year).
- 2012: Revenue of $254K, expenses of $219K, and assets of $451K (revenue -1.8% year-over-year).
- 2011: Revenue of $259K, expenses of $244K, and assets of $426K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meade County Fair Inc:
Data Sources and Methodology
This transparency report for Meade County Fair 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.