Monroe County Fair Association
EIN: 381456193 · Monroe, MI · NTEE: N520
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.9M |
| Net Assets | $6.0M |
Is Monroe 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 Monroe County Fair Association
Monroe County Fair Association (EIN: 381456193) is a nonprofit organization based in Monroe, MI, classified under NTEE code N520. The organization reported total revenue of $2.5M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe County Fair Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe County Fair Association is a mid-size nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-10,400 |
| Total Assets | $7.0M |
| Total Liabilities | $1.0M |
| Net Assets | $6.0M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 45.4 months |
Financial Health Grade: B
In 2023, Monroe County Fair Association reported a deficit of $10K with expenses exceeding revenue, holds 45.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Monroe County Fair Association's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.6% | +8.1% | +10.9% |
| 2022 | +39.2% | +42.6% | -1.8% |
| 2021 | +5326.1% | +119.2% | +13.6% |
| 2020 | -98.0% | -56.9% | -9.5% |
| 2019 | -1.1% | +8.5% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monroe 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 Monroe 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Monroe County Fair Association
Is Monroe County Fair Association a legitimate charity?
Monroe County Fair Association (EIN: 381456193) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: B.
How does Monroe County Fair Association spend its money?
Monroe County Fair Association reported $2.5M 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 Monroe County Fair Association tax-deductible?
Monroe County Fair Association is registered as a tax-exempt nonprofit (EIN: 381456193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monroe County Fair Association located?
Monroe County Fair Association is headquartered in Monroe, Michigan and files with the IRS under EIN 381456193. It is classified under NTEE code N520.
How many years of IRS 990 filings does Monroe County Fair Association have?
Monroe County Fair Association 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Monroe County Fair Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Monroe County Fair Association's revenue has grown by 57.8%, moving from $1.2M to $1.8M. Total assets increased by 46.1% over the same period, from $4.8M to $7.0M. Total functional expenses rose by 79.3%, from $1.0M to $1.9M. In its most recent filing year (2023), Monroe County Fair Association reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $7.0M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $7.0M | $1.0M | — | View 990 |
| 2022 | $2.0M | $1.7M | $6.3M | $320K | — | View 990 |
| 2021 | $1.5M | $1.2M | $6.4M | $338K | — | View 990 |
| 2020 | $27K | $548K | $5.7M | $30K | — | View 990 |
| 2019 | $1.4M | $1.3M | $6.3M | $6K | — | View 990 |
| 2018 | $1.4M | $1.2M | $5.9M | $3K | — | View 990 |
| 2017 | $1.2M | $1.0M | $5.9M | $24K | — | View 990 |
| 2016 | $1.3M | $1.2M | $5.6M | $40K | — | View 990 |
| 2015 | $1.1M | $962K | $5.5M | $2K | — | View 990 |
| 2014 | $1.4M | $1.2M | $5.4M | $14K | — | View 990 |
| 2013 | $1.5M | $1.3M | $5.1M | $4K | — | View 990 |
| 2012 | $1.2M | $1.0M | $4.8M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $7.0M (revenue -9.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.7M, and assets of $6.3M (revenue +39.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $6.4M (revenue +5326.1% year-over-year).
- 2020: Revenue of $27K, expenses of $548K, and assets of $5.7M (revenue -98.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $6.3M (revenue -1.1% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $5.9M (revenue +11.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.0M, and assets of $5.9M (revenue -7.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $5.6M (revenue +16.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $962K, and assets of $5.5M (revenue -15.5% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $5.4M (revenue -12.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.3M, and assets of $5.1M (revenue +32.1% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.0M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe County Fair Association:
Data Sources and Methodology
This transparency report for Monroe 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.