Piscataquis Valley Fair Association Inc
Piscataquis Valley Fair Association shows consistent revenue growth and strong asset accumulation with zero executive compensation.
EIN: 10319083 · Dovr Foxcroft, ME · NTEE: N520 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $168K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $311K |
| Transparency Score | 92/100 |
Is Piscataquis Valley Fair Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Piscataquis Valley Fair Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Piscataquis Valley Fair Association Inc
Piscataquis Valley Fair Association Inc (EIN: 10319083) is a nonprofit organization based in Dovr Foxcroft, ME, classified under NTEE code N520. The organization reported total revenue of $240K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piscataquis Valley Fair Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piscataquis Valley Fair Association Inc is a small nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $168K |
| Surplus / Deficit | +$37K |
| Total Assets | $316K |
| Total Liabilities | $5K |
| Net Assets | $311K |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Piscataquis Valley Fair Association Inc reported a surplus of $37K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Piscataquis Valley Fair Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +3.9% | +11.9% |
| 2022 | +31.1% | +28.0% | +19.4% |
| 2021 | +393.8% | +336.7% | +15.1% |
| 2020 | -83.5% | -85.1% | +1.8% |
| 2019 | +19.4% | +22.9% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Piscataquis Valley Fair Association Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Piscataquis Valley Fair Association Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with revenues consistently over $150,000 in recent years.
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 Piscataquis Valley Fair Association Inc:
- Consistent revenue exceeding expenses, leading to asset growth (e.g., 2023 revenue $205,852 vs. expenses $168,456).
- Zero officer compensation reported across all filings, indicating a volunteer-driven leadership and efficient use of funds.
- Low and well-managed liabilities, demonstrating strong financial stability (e.g., 2023 liabilities $5,065).
- Positive trend in asset accumulation, recovering strongly from a pandemic-related dip (assets grew from $205,542 in 2020 to $316,057 in 2023).
Frequently Asked Questions about Piscataquis Valley Fair Association Inc
Is Piscataquis Valley Fair Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Piscataquis Valley Fair Association Inc (EIN: 10319083) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Piscataquis Valley Fair Association Inc spend its money?
Piscataquis Valley Fair Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Piscataquis Valley Fair Association Inc tax-deductible?
Piscataquis Valley Fair Association Inc is registered as a tax-exempt nonprofit (EIN: 10319083). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Piscataquis Valley Fair Association Inc CEO make?
Piscataquis Valley Fair Association Inc's highest-compensated officer earns $150,000 annually. The organization reported $240K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Piscataquis Valley Fair Association Inc's spending goes to programs?
Piscataquis Valley Fair Association Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Piscataquis Valley Fair Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Piscataquis Valley Fair Association Inc is above average for NTEE category N520 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Piscataquis Valley Fair Association Inc located?
Piscataquis Valley Fair Association Inc is headquartered in Dovr Foxcroft, Maine and files with the IRS under EIN 10319083. It is classified under NTEE code N520.
How many years of IRS 990 filings does Piscataquis Valley Fair Association Inc have?
Piscataquis Valley Fair Association Inc 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 $240K in total revenue.
Is Piscataquis Valley Fair Association Inc a good charity?
Based on the available financial data, the Piscataquis Valley Fair Association Inc appears to be a very good charity. It consistently generates more revenue than expenses, has growing assets, and reports zero officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, particularly in recent years. After a dip in revenue and assets around 2019-2020 (likely due to the pandemic, with 2020 revenue at $32,682), it has rebounded strongly, with revenues exceeding $200,000 in 2022 and 2023, and assets growing from $201,872 in 2019 to $316,057 in 2023.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a fully volunteer-led executive team. This is a significant strength, as it means all funds can be directed towards the organization's mission and operational costs.
Filing History
IRS 990 filing history for Piscataquis Valley Fair Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Piscataquis Valley Fair Association Inc's revenue has grown by 106.8%, moving from $100K to $206K. Total assets decreased by 21.8% over the same period, from $404K to $316K. Total functional expenses rose by 44.1%, from $117K to $168K. In its most recent filing year (2023), Piscataquis Valley Fair Association Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $5K in liabilities against $316K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $311K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $168K | $316K | $5K | — | View 990 |
| 2022 | $212K | $162K | $282K | $9K | — | — |
| 2021 | $161K | $127K | $237K | $12K | — | View 990 |
| 2020 | $33K | $29K | $206K | $0 | — | — |
| 2019 | $198K | $195K | $202K | $0 | — | View 990 |
| 2018 | $166K | $159K | $222K | $23K | — | View 990 |
| 2017 | $184K | $143K | $219K | $27K | — | — |
| 2016 | $162K | $139K | $480K | $31K | — | View 990 |
| 2015 | $137K | $137K | $461K | $36K | — | View 990 |
| 2013 | $149K | $131K | $422K | $0 | — | View 990 |
| 2012 | $137K | $116K | $404K | $0 | — | View 990 |
| 2011 | $100K | $117K | $404K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $168K, and assets of $316K (revenue -2.7% year-over-year).
- 2022: Revenue of $212K, expenses of $162K, and assets of $282K (revenue +31.1% year-over-year).
- 2021: Revenue of $161K, expenses of $127K, and assets of $237K (revenue +393.8% year-over-year).
- 2020: Revenue of $33K, expenses of $29K, and assets of $206K (revenue -83.5% year-over-year).
- 2019: Revenue of $198K, expenses of $195K, and assets of $202K (revenue +19.4% year-over-year).
- 2018: Revenue of $166K, expenses of $159K, and assets of $222K (revenue -9.7% year-over-year).
- 2017: Revenue of $184K, expenses of $143K, and assets of $219K (revenue +13.2% year-over-year).
- 2016: Revenue of $162K, expenses of $139K, and assets of $480K (revenue +18.7% year-over-year).
- 2015: Revenue of $137K, expenses of $137K, and assets of $461K (revenue -8.5% year-over-year).
- 2013: Revenue of $149K, expenses of $131K, and assets of $422K (revenue +9.4% year-over-year).
- 2012: Revenue of $137K, expenses of $116K, and assets of $404K (revenue +37.2% year-over-year).
- 2011: Revenue of $100K, expenses of $117K, and assets of $404K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piscataquis Valley Fair Association Inc:
Data Sources and Methodology
This transparency report for Piscataquis Valley Fair Association Inc 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.