Ossipee Valley Agricultural Society
Ossipee Valley Agricultural Society maintains strong financial health with consistent surpluses and zero executive compensation.
EIN: 10350004 · Newfield, ME · NTEE: K28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $182K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $439K |
| Transparency Score | 90/100 |
Is Ossipee Valley Agricultural Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ossipee Valley Agricultural Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ossipee Valley Agricultural Society
Ossipee Valley Agricultural Society (EIN: 10350004) is a nonprofit organization based in Newfield, ME, classified under NTEE code K28Z. The organization reported total revenue of $209K and total assets of $457K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ossipee Valley Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ossipee Valley Agricultural Society is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $182K |
| Surplus / Deficit | +$66K |
| Total Assets | $439K |
| Net Assets | $439K |
| Operating Margin | 26.6% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Ossipee Valley Agricultural Society reported a surplus of $66K with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ossipee Valley Agricultural Society's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +2.6% | +17.7% |
| 2022 | +104.3% | +56.9% | +20.0% |
| 2021 | +223.8% | +162.1% | +1.2% |
| 2020 | -74.4% | -66.1% | -2.0% |
| 2019 | +14.5% | -1.6% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ossipee Valley Agricultural Society with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ossipee Valley Agricultural Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $200,000 annually.
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.
Strengths
The following positive indicators were identified for Ossipee Valley Agricultural Society:
- Consistent financial surpluses, such as $65,953 in 202310 (Revenue $247,957 - Expenses $182,004).
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Strong asset growth from $282,403 in 201410 to $438,739 in 202310.
- Minimal to zero liabilities reported in most recent filings, demonstrating strong financial health and low debt.
- Robust recovery in revenue post-2020, with 202310 revenue ($247,957) significantly higher than pre-pandemic levels.
Frequently Asked Questions about Ossipee Valley Agricultural Society
Is Ossipee Valley Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Ossipee Valley Agricultural Society (EIN: 10350004) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Ossipee Valley Agricultural Society spend its money?
Ossipee Valley Agricultural Society directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ossipee Valley Agricultural Society tax-deductible?
Ossipee Valley Agricultural Society is registered as a tax-exempt nonprofit (EIN: 10350004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ossipee Valley Agricultural Society CEO make?
Ossipee Valley Agricultural Society's highest-compensated officer earns $200,000 annually. The organization reported $209K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ossipee Valley Agricultural Society's spending goes to programs?
Ossipee Valley Agricultural Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ossipee Valley Agricultural Society compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ossipee Valley Agricultural Society is above average for NTEE category K28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ossipee Valley Agricultural Society located?
Ossipee Valley Agricultural Society is headquartered in Newfield, Maine and files with the IRS under EIN 10350004. It is classified under NTEE code K28Z.
How many years of IRS 990 filings does Ossipee Valley Agricultural Society have?
Ossipee Valley Agricultural Society 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 $209K in total revenue.
Is Ossipee Valley Agricultural Society a good charity?
Based on its financial data, the Ossipee Valley Agricultural Society appears to be a very good charity. It consistently generates surpluses, has a growing asset base, and reports zero officer compensation, indicating efficient use of funds and strong financial management.
How has the organization's revenue trended over time?
The organization's revenue has shown significant growth and stability, particularly in recent years. After a dip to $36,764 in 202010, revenue rebounded strongly to $243,121 in 202210 and $247,957 in 202310, indicating a robust recovery and sustained financial activity.
What is the organization's asset growth like?
The organization has demonstrated consistent asset growth, increasing from $282,403 in 201410 to $438,739 in 202310. This steady accumulation of assets, coupled with minimal to zero liabilities, indicates strong financial stewardship and long-term stability.
Filing History
IRS 990 filing history for Ossipee Valley Agricultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ossipee Valley Agricultural Society's revenue has grown by 141.9%, moving from $103K to $248K. Total assets increased by 63.1% over the same period, from $269K to $439K. Total functional expenses rose by 76.2%, from $103K to $182K. In its most recent filing year (2023), Ossipee Valley Agricultural Society reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $182K | $439K | $0 | — | View 990 |
| 2022 | $243K | $177K | $373K | $0 | — | View 990 |
| 2021 | $119K | $113K | $311K | $4K | — | View 990 |
| 2020 | $37K | $43K | $307K | $6K | — | View 990 |
| 2019 | $144K | $127K | $313K | $6K | — | View 990 |
| 2018 | $126K | $129K | $291K | $393 | — | View 990 |
| 2017 | $113K | $111K | $295K | $0 | — | View 990 |
| 2016 | $105K | $109K | $292K | $0 | — | View 990 |
| 2015 | $117K | $118K | $290K | $0 | — | View 990 |
| 2014 | $115K | $106K | $282K | $0 | — | View 990 |
| 2013 | $101K | $92K | $271K | $933 | — | View 990 |
| 2012 | $103K | $107K | $271K | $8K | — | View 990 |
| 2011 | $103K | $103K | $269K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $182K, and assets of $439K (revenue +2.0% year-over-year).
- 2022: Revenue of $243K, expenses of $177K, and assets of $373K (revenue +104.3% year-over-year).
- 2021: Revenue of $119K, expenses of $113K, and assets of $311K (revenue +223.8% year-over-year).
- 2020: Revenue of $37K, expenses of $43K, and assets of $307K (revenue -74.4% year-over-year).
- 2019: Revenue of $144K, expenses of $127K, and assets of $313K (revenue +14.5% year-over-year).
- 2018: Revenue of $126K, expenses of $129K, and assets of $291K (revenue +10.6% year-over-year).
- 2017: Revenue of $113K, expenses of $111K, and assets of $295K (revenue +7.6% year-over-year).
- 2016: Revenue of $105K, expenses of $109K, and assets of $292K (revenue -9.7% year-over-year).
- 2015: Revenue of $117K, expenses of $118K, and assets of $290K (revenue +1.9% year-over-year).
- 2014: Revenue of $115K, expenses of $106K, and assets of $282K (revenue +13.7% year-over-year).
- 2013: Revenue of $101K, expenses of $92K, and assets of $271K (revenue -2.3% year-over-year).
- 2012: Revenue of $103K, expenses of $107K, and assets of $271K (revenue +0.6% year-over-year).
- 2011: Revenue of $103K, expenses of $103K, and assets of $269K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ossipee Valley Agricultural Society:
Data Sources and Methodology
This transparency report for Ossipee Valley Agricultural Society 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.