National Drovers Hall Of Fame Association

National Drovers Hall Of Fame Association shows volatile revenue and asset trends, frequently operating at a deficit.

EIN: 200073060 · Ellsworth, KS · NTEE: A80 · Updated: 2026-03-28

$4KRevenue

$143KAssets

65/100Mission Score (Good)

A80

About National Drovers Hall Of Fame Association

National Drovers Hall Of Fame Association (EIN: 200073060) is a nonprofit organization based in Ellsworth, KS, classified under NTEE code A80. The organization reported total revenue of $4K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Drovers Hall Of Fame Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The National Drovers Hall Of Fame Association exhibits inconsistent financial performance over the past decade. While the organization consistently reports zero liabilities and zero officer compensation, indicating good financial hygiene and transparency regarding executive pay, its revenue and asset figures fluctuate significantly. For instance, assets peaked at $658,629 in 2015 but dropped to $27,749 in 2020 before recovering to $134,434 in 2023. Revenue also saw a high of $81,921 in 2021, contrasting sharply with $8,591 in 2023 and $4,386 in the latest period. This volatility suggests potential reliance on sporadic large donations or project-based funding, which can make long-term financial planning challenging.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the organization frequently operates at a deficit, with expenses exceeding revenue in most years (e.g., $12,472 expenses vs. $8,591 revenue in 2023; $124,502 expenses vs. $81,921 revenue in 2021). This consistent deficit spending, while not necessarily unsustainable given the asset base, warrants closer examination to understand how these deficits are covered and if they impact program delivery. The lack of officer compensation is a positive sign for donor confidence regarding overhead related to executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Drovers Hall Of Fame Association with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, National Drovers Hall Of Fame Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is positive for minimizing administrative overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of National Drovers Hall Of Fame Association's IRS 990 filings:

Highly volatile revenue and asset base, making financial planning unpredictable.
Consistent operating deficits in most years, requiring reliance on past reserves or asset liquidation.
Significant unexplained drop in assets from $574,603 in 2019 to $27,749 in 2020.

Strengths

The following positive indicators were identified for National Drovers Hall Of Fame Association:

Consistently reports zero liabilities, indicating sound debt management.
Zero officer compensation reported, suggesting a volunteer-driven leadership and low executive overhead.
Maintains a positive asset balance, even with fluctuations, providing some financial cushion.

Frequently Asked Questions about National Drovers Hall Of Fame Association

What caused the significant fluctuations in assets, particularly the drop from $574,603 in 2019 to $27,749 in 2020, and the subsequent recovery?

The provided data does not specify the reasons for these asset fluctuations. It could be due to asset sales, revaluation, or significant capital expenditures not reflected in annual expenses, or a change in how assets are reported.

How does the organization cover its consistent operating deficits, such as the $3,881 deficit in 2023 ($12,472 expenses vs. $8,591 revenue)?

Deficits are likely covered by drawing down on accumulated assets or reserves from previous periods of higher revenue, as liabilities consistently remain at $0.

What is the primary source of the organization's revenue, given its variability?

The NTEE code A80 (Historical Societies & Related Activities) suggests revenue might come from memberships, donations, grants, or events related to historical preservation, but the specific breakdown is not available.

What are the specific program activities that the National Drovers Hall Of Fame Association undertakes?

Based on its name and NTEE code, the organization likely focuses on preserving the history of drovers, potentially through a physical hall of fame, educational programs, or historical research, but specific program details are not provided in the financial summary.

Filing History

IRS 990 filing history for National Drovers Hall Of Fame Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), National Drovers Hall Of Fame Association's revenue has declined by 8.2%, moving from $9K to $9K. Total assets decreased by 80.1% over the same period, from $675K to $134K. Total functional expenses rose by 14.5%, from $11K to $12K. In its most recent filing year (2023), National Drovers Hall Of Fame Association reported a deficit of $4K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$9K	$12K	$134K	$0	—	View 990
2022	$42K	$15K	$495K	$0	—	—
2021	$82K	$125K	$115K	$0	—	—
2020	$13K	$24K	$28K	$0	—	View 990
2019	$10K	$30K	$575K	$550	—	View 990
2018	$10K	$9K	$595K	$550	—	View 990
2017	$11K	$32K	$625K	$14K	—	View 990
2016	$15K	$23K	$648K	$16K	—	View 990
2015	$20K	$25K	$659K	$19K	—	View 990
2014	$20K	$32K	$666K	$21K	—	View 990
2013	$15K	$22K	$680K	$23K	—	View 990
2012	$23K	$8K	$689K	$25K	—	View 990
2011	$9K	$11K	$675K	$26K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $9K, expenses of $12K, and assets of $134K (revenue -79.5% year-over-year).
2022: Revenue of $42K, expenses of $15K, and assets of $495K (revenue -48.9% year-over-year).
2021: Revenue of $82K, expenses of $125K, and assets of $115K (revenue +550.0% year-over-year).
2020: Revenue of $13K, expenses of $24K, and assets of $28K (revenue +31.0% year-over-year).
2019: Revenue of $10K, expenses of $30K, and assets of $575K (revenue -6.5% year-over-year).
2018: Revenue of $10K, expenses of $9K, and assets of $595K (revenue -7.7% year-over-year).
2017: Revenue of $11K, expenses of $32K, and assets of $625K (revenue -27.7% year-over-year).
2016: Revenue of $15K, expenses of $23K, and assets of $648K (revenue -21.3% year-over-year).
2015: Revenue of $20K, expenses of $25K, and assets of $659K (revenue -0.9% year-over-year).
2014: Revenue of $20K, expenses of $32K, and assets of $666K (revenue +30.3% year-over-year).
2013: Revenue of $15K, expenses of $22K, and assets of $680K (revenue -34.7% year-over-year).
2012: Revenue of $23K, expenses of $8K, and assets of $689K (revenue +148.6% year-over-year).
2011: Revenue of $9K, expenses of $11K, and assets of $675K.

Data Sources and Methodology

This transparency report for National Drovers Hall Of Fame 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.