Northwestern Michigan Fair Association
EIN: 381388174 · Grawn, MI · NTEE: N520
| Metric | Value |
|---|---|
| Total Revenue | $791K |
| Total Expenses | $578K |
| Net Assets | $3.3M |
Is Northwestern Michigan 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 Northwestern Michigan Fair Association
Northwestern Michigan Fair Association (EIN: 381388174) is a nonprofit organization based in Grawn, MI, classified under NTEE code N520. The organization reported total revenue of $791K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwestern Michigan Fair Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwestern Michigan Fair Association is a small nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $750K |
| Total Expenses | $578K |
| Surplus / Deficit | +$172K |
| Total Assets | $3.5M |
| Total Liabilities | $249K |
| Net Assets | $3.3M |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 73.1 months |
Financial Health Grade: A
In 2023, Northwestern Michigan Fair Association reported a surplus of $172K with revenue exceeding expenses, holds 73.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northwestern Michigan Fair Association's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.1% | -0.7% | +4.5% |
| 2022 | +48.8% | +35.0% | +11.1% |
| 2021 | +200.9% | +118.2% | +10.9% |
| 2020 | -70.4% | -66.6% | -0.7% |
| 2019 | +48.6% | +20.6% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northwestern Michigan 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 Northwestern Michigan 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 surplus of $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.1%.
Frequently Asked Questions about Northwestern Michigan Fair Association
Is Northwestern Michigan Fair Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwestern Michigan Fair Association (EIN: 381388174) insufficient data. 0 red flags identified, 0 strengths noted.
How does Northwestern Michigan Fair Association spend its money?
Detailed spending breakdown data is not yet available for Northwestern Michigan Fair Association. Check back for updated IRS 990 analysis.
Are donations to Northwestern Michigan Fair Association tax-deductible?
Northwestern Michigan Fair Association is registered as a tax-exempt nonprofit (EIN: 381388174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwestern Michigan Fair Association located?
Northwestern Michigan Fair Association is headquartered in Grawn, Michigan and files with the IRS under EIN 381388174. It is classified under NTEE code N520.
How many years of IRS 990 filings does Northwestern Michigan Fair Association have?
Northwestern Michigan Fair Association 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 $791K in total revenue.
Filing History
IRS 990 filing history for Northwestern Michigan Fair Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northwestern Michigan Fair Association's revenue has grown by 78.1%, moving from $421K to $750K. Total assets increased by 73.3% over the same period, from $2.0M to $3.5M. Total functional expenses rose by 77.7%, from $325K to $578K. In its most recent filing year (2023), Northwestern Michigan Fair Association reported a surplus of $172K, with revenue exceeding expenses. The organization holds $249K in liabilities against $3.5M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $750K | $578K | $3.5M | $249K | — | View 990 |
| 2022 | $938K | $582K | $3.4M | $270K | — | View 990 |
| 2021 | $630K | $432K | $3.0M | $290K | — | View 990 |
| 2020 | $209K | $198K | $2.7M | $190K | — | View 990 |
| 2019 | $707K | $592K | $2.8M | $221K | — | View 990 |
| 2018 | $475K | $491K | $2.7M | $319K | — | View 990 |
| 2017 | $524K | $430K | $2.8M | $402K | — | — |
| 2016 | $457K | $391K | $2.8M | $475K | — | View 990 |
| 2015 | $559K | $387K | $2.6M | $326K | — | View 990 |
| 2014 | $550K | $344K | $2.3M | $227K | — | View 990 |
| 2013 | $498K | $381K | $2.2M | $277K | — | View 990 |
| 2012 | $430K | $311K | $2.1M | $324K | — | View 990 |
| 2011 | $421K | $325K | $2.0M | $380K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $750K, expenses of $578K, and assets of $3.5M (revenue -20.1% year-over-year).
- 2022: Revenue of $938K, expenses of $582K, and assets of $3.4M (revenue +48.8% year-over-year).
- 2021: Revenue of $630K, expenses of $432K, and assets of $3.0M (revenue +200.9% year-over-year).
- 2020: Revenue of $209K, expenses of $198K, and assets of $2.7M (revenue -70.4% year-over-year).
- 2019: Revenue of $707K, expenses of $592K, and assets of $2.8M (revenue +48.6% year-over-year).
- 2018: Revenue of $475K, expenses of $491K, and assets of $2.7M (revenue -9.3% year-over-year).
- 2017: Revenue of $524K, expenses of $430K, and assets of $2.8M (revenue +14.7% year-over-year).
- 2016: Revenue of $457K, expenses of $391K, and assets of $2.8M (revenue -18.3% year-over-year).
- 2015: Revenue of $559K, expenses of $387K, and assets of $2.6M (revenue +1.7% year-over-year).
- 2014: Revenue of $550K, expenses of $344K, and assets of $2.3M (revenue +10.5% year-over-year).
- 2013: Revenue of $498K, expenses of $381K, and assets of $2.2M (revenue +15.7% year-over-year).
- 2012: Revenue of $430K, expenses of $311K, and assets of $2.1M (revenue +2.2% year-over-year).
- 2011: Revenue of $421K, expenses of $325K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwestern Michigan Fair Association:
Data Sources and Methodology
This transparency report for Northwestern Michigan 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.