Oxford County Agricultural Society
Oxford County Agricultural Society faces consistent operating deficits and declining assets over the past decade.
EIN: 10133442 · Norway, ME · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $412K |
| Program Spending | 70% |
| Net Assets | $416K |
| Transparency Score | 65/100 |
Is Oxford County Agricultural Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oxford County Agricultural Society directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Oxford County Agricultural Society
Oxford County Agricultural Society (EIN: 10133442) is a nonprofit organization based in Norway, ME, classified under NTEE code Z99. The organization reported total revenue of $328K and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oxford County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oxford County Agricultural Society is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $375K |
| Total Expenses | $412K |
| Surplus / Deficit | $-36,890 |
| Total Assets | $416K |
| Total Liabilities | $146 |
| Net Assets | $416K |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2023, Oxford County Agricultural Society reported a deficit of $37K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Oxford County Agricultural Society's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | +5.9% | -8.1% |
| 2022 | +14.6% | +7.9% | -4.8% |
| 2021 | +336.3% | +193.2% | -8.0% |
| 2020 | -74.8% | -66.3% | -8.9% |
| 2019 | -4.9% | +7.3% | -11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Oxford County Agricultural Society 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Oxford County Agricultural Society allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which is a 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 Oxford County Agricultural Society's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $36,890 in 2023)
- Significant and continuous decline in total assets over the past decade (from $908,993 in 2014 to $415,648 in 2023)
- Appearance of substantial liabilities ($146,000) in the latest filing (2023) after years of minimal or zero liabilities
Strengths
The following positive indicators were identified for Oxford County Agricultural Society:
- No reported officer compensation, indicating a volunteer-driven leadership or very low executive overhead
- Consistent filing of IRS 990 forms, demonstrating transparency
- Long operational history with consistent revenue streams (pre-2020 and post-2020 recovery)
Frequently Asked Questions about Oxford County Agricultural Society
Is Oxford County Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Oxford County Agricultural Society (EIN: 10133442) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Oxford County Agricultural Society spend its money?
Oxford County Agricultural Society directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oxford County Agricultural Society tax-deductible?
Oxford County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 10133442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oxford County Agricultural Society's spending goes to programs?
Oxford County Agricultural Society directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Oxford County Agricultural Society compare to similar nonprofits?
With a transparency score of 65/100 (Good), Oxford County Agricultural Society is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oxford County Agricultural Society located?
Oxford County Agricultural Society is headquartered in Norway, Maine and files with the IRS under EIN 10133442. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Oxford County Agricultural Society have?
Oxford County 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 $328K in total revenue.
Is the Oxford County Agricultural Society financially sustainable?
The organization has experienced consistent operating deficits in recent years (e.g., $36,890 in 2023) and a significant decline in assets from $908,993 in 2014 to $415,648 in 2023. This trend raises concerns about long-term financial sustainability if not addressed.
Why are the organization's assets declining?
Assets have steadily decreased from $908,993 in 2014 to $415,648 in 2023. This could be due to consistent operating deficits requiring the use of reserves, depreciation of physical assets without sufficient reinvestment, or asset sales. Further investigation into the full 990 forms would be needed to pinpoint the exact reasons.
What caused the significant drop in revenue in 2020?
Revenue dropped sharply to $73,091 in 2020 from $290,239 in 2019. This is likely attributable to the COVID-19 pandemic and associated restrictions impacting events and activities typical for an agricultural society.
Does the organization have significant liabilities?
For most years, liabilities were minimal or zero. However, in 2023, liabilities increased to $146,000, which is a notable change and warrants further scrutiny to understand the nature of these obligations.
Filing History
IRS 990 filing history for Oxford County Agricultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Oxford County Agricultural Society's revenue has declined by 43.3%, moving from $661K to $375K. Total assets decreased by 77.1% over the same period, from $1.8M to $416K. Total functional expenses fell by 46.7%, from $773K to $412K. In its most recent filing year (2023), Oxford County Agricultural Society reported a deficit of $37K, with expenses exceeding revenue. The organization holds $146 in liabilities against $416K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $375K | $412K | $416K | $146 | — | — |
| 2022 | $366K | $388K | $452K | $0 | — | View 990 |
| 2021 | $319K | $360K | $475K | $0 | — | View 990 |
| 2020 | $73K | $123K | $517K | $0 | — | — |
| 2019 | $290K | $364K | $567K | $1K | — | View 990 |
| 2018 | $305K | $339K | $641K | $394 | — | View 990 |
| 2017 | $468K | $533K | $713K | $39K | — | View 990 |
| 2016 | $378K | $463K | $740K | $0 | — | View 990 |
| 2015 | $393K | $478K | $825K | $0 | — | View 990 |
| 2014 | $367K | $462K | $909K | $0 | — | View 990 |
| 2013 | $403K | $480K | $1.0M | $0 | — | View 990 |
| 2012 | $1.2M | $899K | $1.1M | $32K | — | View 990 |
| 2010 | $661K | $773K | $1.8M | $752K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $375K, expenses of $412K, and assets of $416K (revenue +2.5% year-over-year).
- 2022: Revenue of $366K, expenses of $388K, and assets of $452K (revenue +14.6% year-over-year).
- 2021: Revenue of $319K, expenses of $360K, and assets of $475K (revenue +336.3% year-over-year).
- 2020: Revenue of $73K, expenses of $123K, and assets of $517K (revenue -74.8% year-over-year).
- 2019: Revenue of $290K, expenses of $364K, and assets of $567K (revenue -4.9% year-over-year).
- 2018: Revenue of $305K, expenses of $339K, and assets of $641K (revenue -34.7% year-over-year).
- 2017: Revenue of $468K, expenses of $533K, and assets of $713K (revenue +23.8% year-over-year).
- 2016: Revenue of $378K, expenses of $463K, and assets of $740K (revenue -3.9% year-over-year).
- 2015: Revenue of $393K, expenses of $478K, and assets of $825K (revenue +7.1% year-over-year).
- 2014: Revenue of $367K, expenses of $462K, and assets of $909K (revenue -8.9% year-over-year).
- 2013: Revenue of $403K, expenses of $480K, and assets of $1.0M (revenue -66.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $899K, and assets of $1.1M (revenue +83.0% year-over-year).
- 2010: Revenue of $661K, expenses of $773K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oxford County Agricultural Society:
Data Sources and Methodology
This transparency report for Oxford County 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.