Randolph County Fair Corporation
Randolph County Fair Corporation consistently operates without paid executive compensation, maintaining stable finances.
EIN: 134284262 · Elkins, WV · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $190K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $180,000. |
| Net Assets | $56K |
| Transparency Score | 90/100 |
Is Randolph County Fair Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Randolph County Fair Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Randolph County Fair Corporation
Randolph County Fair Corporation (EIN: 134284262) is a nonprofit organization based in Elkins, WV, classified under NTEE code P20. The organization reported total revenue of $185K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Randolph County Fair Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Randolph County Fair Corporation is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $190K |
| Surplus / Deficit | $-6,101 |
| Total Assets | $56K |
| Net Assets | $56K |
| Operating Margin | -3.3% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Randolph County Fair Corporation reported a deficit of $6K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2013–2023), Randolph County Fair Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +6.6% | -9.8% |
| 2022 | +96.3% | +142.5% | -9.1% |
| 2021 | +62.9% | +31.4% | +25.6% |
| 2020 | -68.2% | -68.7% | -3.8% |
| 2019 | -9.8% | -2.3% | -37.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Randolph County Fair Corporation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Randolph County Fair Corporation 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 deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 11 filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues typically around $180,000.
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 Randolph County Fair Corporation:
- Consistent 0% officer compensation, indicating high operational efficiency.
- Strong history of IRS 990 filings (11 filings), demonstrating transparency.
- Consistent reporting of zero liabilities in most recent years, indicating financial stability.
- Assets have shown a general upward trend over the past decade, from $16,532 in 2014 to $56,433 in 2023.
- Revenues have recovered strongly after a dip in 2020-2021, reaching $183,404 in 2023.
Frequently Asked Questions about Randolph County Fair Corporation
Is Randolph County Fair Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Randolph County Fair Corporation (EIN: 134284262) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Randolph County Fair Corporation spend its money?
Randolph County Fair Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Randolph County Fair Corporation tax-deductible?
Randolph County Fair Corporation is registered as a tax-exempt nonprofit (EIN: 134284262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Randolph County Fair Corporation CEO make?
Randolph County Fair Corporation's highest-compensated officer earns $180,000. annually. The organization reported $185K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Randolph County Fair Corporation's spending goes to programs?
Randolph County Fair Corporation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Randolph County Fair Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Randolph County Fair Corporation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Randolph County Fair Corporation located?
Randolph County Fair Corporation is headquartered in Elkins, West Virginia and files with the IRS under EIN 134284262. It is classified under NTEE code P20.
How many years of IRS 990 filings does Randolph County Fair Corporation have?
Randolph County Fair Corporation has 11 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 $185K in total revenue.
Is Randolph County Fair Corporation a good charity?
Based on the available data, Randolph County Fair Corporation appears to be a good charity. It consistently reports 0% officer compensation, indicating high efficiency in directing funds to its mission. It also has a strong history of IRS 990 filings, demonstrating transparency and compliance.
How does Randolph County Fair Corporation manage its finances?
The organization manages its finances prudently, consistently operating with revenues and expenses in a similar range, and maintaining zero liabilities in most recent years. Its assets have grown from $16,532 in 2014 to $56,433 in 2023, showing responsible financial stewardship.
What is the trend in Randolph County Fair Corporation's revenue?
Randolph County Fair Corporation's revenue has been relatively stable, typically ranging between $150,000 and $180,000 annually, with a notable dip in 2020 ($53,643) and 2021 ($87,374) likely due to external factors, but it has since recovered to $183,404 in 2023.
Filing History
IRS 990 filing history for Randolph County Fair Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Randolph County Fair Corporation's revenue has grown by 22%, moving from $150K to $183K. Total assets increased by 417.7% over the same period, from $11K to $56K. Total functional expenses rose by 13.5%, from $167K to $190K. In its most recent filing year (2023), Randolph County Fair Corporation reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $190K | $56K | $0 | — | — |
| 2022 | $172K | $178K | $63K | $0 | — | View 990 |
| 2021 | $87K | $73K | $69K | $0 | — | View 990 |
| 2020 | $54K | $56K | $55K | $0 | — | View 990 |
| 2019 | $169K | $178K | $57K | $0 | — | View 990 |
| 2018 | $187K | $182K | $90K | $24K | — | View 990 |
| 2017 | $183K | $155K | $70K | $8K | — | View 990 |
| 2016 | $151K | $137K | $34K | $0 | — | View 990 |
| 2015 | $159K | $155K | $20K | $0 | — | View 990 |
| 2014 | $166K | $160K | $17K | $0 | — | View 990 |
| 2013 | $150K | $167K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $190K, and assets of $56K (revenue +6.9% year-over-year).
- 2022: Revenue of $172K, expenses of $178K, and assets of $63K (revenue +96.3% year-over-year).
- 2021: Revenue of $87K, expenses of $73K, and assets of $69K (revenue +62.9% year-over-year).
- 2020: Revenue of $54K, expenses of $56K, and assets of $55K (revenue -68.2% year-over-year).
- 2019: Revenue of $169K, expenses of $178K, and assets of $57K (revenue -9.8% year-over-year).
- 2018: Revenue of $187K, expenses of $182K, and assets of $90K (revenue +2.2% year-over-year).
- 2017: Revenue of $183K, expenses of $155K, and assets of $70K (revenue +21.4% year-over-year).
- 2016: Revenue of $151K, expenses of $137K, and assets of $34K (revenue -5.2% year-over-year).
- 2015: Revenue of $159K, expenses of $155K, and assets of $20K (revenue -4.0% year-over-year).
- 2014: Revenue of $166K, expenses of $160K, and assets of $17K (revenue +10.1% year-over-year).
- 2013: Revenue of $150K, expenses of $167K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Randolph County Fair Corporation:
Data Sources and Methodology
This transparency report for Randolph County Fair Corporation 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.