Minnesota Federation Of County Fairs
EIN: 410731480 · Chisago City, MN
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $168K |
| Net Assets | $97K |
Is Minnesota Federation Of County Fairs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Federation Of County Fairs
Minnesota Federation Of County Fairs (EIN: 410731480) is a nonprofit organization based in Chisago City, MN. The organization reported total revenue of $278K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Federation Of County Fairs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Federation Of County Fairs is a small nonprofit that has been operating for 82 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 21.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $168K |
| Surplus / Deficit | +$38K |
| Total Assets | $221K |
| Total Liabilities | $125K |
| Net Assets | $97K |
| Operating Margin | 18.3% |
| Debt-to-Asset Ratio | 56.3% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2022, Minnesota Federation Of County Fairs reported a surplus of $38K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 56.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Minnesota Federation Of County Fairs's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +422.9% | +179.1% | +10.5% |
| 2021 | -46.9% | -2.0% | +149.8% |
| 2020 | -4.7% | -9.6% | -65.6% |
| 2019 | +25.5% | -6.2% | +15.0% |
| 2018 | -19.9% | +16.9% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Federation Of County Fairs 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 Minnesota Federation Of County Fairs 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.3%.
Frequently Asked Questions about Minnesota Federation Of County Fairs
Is Minnesota Federation Of County Fairs a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Federation Of County Fairs (EIN: 410731480) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minnesota Federation Of County Fairs spend its money?
Detailed spending breakdown data is not yet available for Minnesota Federation Of County Fairs. Check back for updated IRS 990 analysis.
Are donations to Minnesota Federation Of County Fairs tax-deductible?
Minnesota Federation Of County Fairs is registered as a tax-exempt nonprofit (EIN: 410731480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Federation Of County Fairs located?
Minnesota Federation Of County Fairs is headquartered in Chisago City, Minnesota and files with the IRS under EIN 410731480.
How many years of IRS 990 filings does Minnesota Federation Of County Fairs have?
Minnesota Federation Of County Fairs 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 $278K in total revenue.
Filing History
IRS 990 filing history for Minnesota Federation Of County Fairs showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Minnesota Federation Of County Fairs's revenue has grown by 752.6%, moving from $24K to $206K. Total assets increased by 192.4% over the same period, from $76K to $221K. Total functional expenses rose by 264.8%, from $46K to $168K. In its most recent filing year (2022), Minnesota Federation Of County Fairs reported a surplus of $38K, with revenue exceeding expenses. The organization holds $125K in liabilities against $221K in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $97K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $206K | $168K | $221K | $125K | — | — |
| 2021 | $39K | $60K | $200K | $141K | — | View 990 |
| 2020 | $74K | $62K | $80K | $100 | — | — |
| 2019 | $78K | $68K | $233K | $165K | — | View 990 |
| 2018 | $62K | $73K | $202K | $145K | — | View 990 |
| 2017 | $77K | $62K | $203K | $135K | — | View 990 |
| 2016 | $85K | $61K | $190K | $138K | — | View 990 |
| 2015 | $66K | $63K | $163K | $135K | — | View 990 |
| 2014 | $6K | $50K | $157K | $132K | — | View 990 |
| 2013 | $72K | $49K | $69K | $0 | — | View 990 |
| 2012 | $20K | $45K | $45K | $0 | — | View 990 |
| 2011 | $24K | $46K | $76K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $206K, expenses of $168K, and assets of $221K (revenue +422.9% year-over-year).
- 2021: Revenue of $39K, expenses of $60K, and assets of $200K (revenue -46.9% year-over-year).
- 2020: Revenue of $74K, expenses of $62K, and assets of $80K (revenue -4.7% year-over-year).
- 2019: Revenue of $78K, expenses of $68K, and assets of $233K (revenue +25.5% year-over-year).
- 2018: Revenue of $62K, expenses of $73K, and assets of $202K (revenue -19.9% year-over-year).
- 2017: Revenue of $77K, expenses of $62K, and assets of $203K (revenue -9.4% year-over-year).
- 2016: Revenue of $85K, expenses of $61K, and assets of $190K (revenue +29.9% year-over-year).
- 2015: Revenue of $66K, expenses of $63K, and assets of $163K (revenue +953.1% year-over-year).
- 2014: Revenue of $6K, expenses of $50K, and assets of $157K (revenue -91.3% year-over-year).
- 2013: Revenue of $72K, expenses of $49K, and assets of $69K (revenue +258.8% year-over-year).
- 2012: Revenue of $20K, expenses of $45K, and assets of $45K (revenue -16.8% year-over-year).
- 2011: Revenue of $24K, expenses of $46K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Federation Of County Fairs:
Data Sources and Methodology
This transparency report for Minnesota Federation Of County Fairs 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.