Redwood County Agricultural Society
EIN: 410740316 · Redwood Falls, MN
| Metric | Value |
|---|---|
| Total Revenue | $403K |
| Total Expenses | $407K |
| Net Assets | $688K |
Is Redwood County Agricultural Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Redwood County Agricultural Society
Redwood County Agricultural Society (EIN: 410740316) is a nonprofit organization based in Redwood Falls, MN. The organization reported total revenue of $403K and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Redwood County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Redwood County Agricultural Society is a small nonprofit that has been operating for 81 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 | $442K |
| Total Expenses | $407K |
| Surplus / Deficit | +$36K |
| Total Assets | $688K |
| Net Assets | $688K |
| Operating Margin | 8.1% |
| Months of Reserves | 20.3 months |
Financial Health Grade: A
In 2023, Redwood County Agricultural Society reported a surplus of $36K with revenue exceeding expenses, holds 20.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Redwood County Agricultural Society's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.2% | +22.9% | +5.5% |
| 2022 | +17.3% | +34.9% | +6.6% |
| 2021 | +229.0% | +250.6% | +13.1% |
| 2020 | -61.0% | -76.3% | +4.5% |
| 2019 | -32.0% | +26.9% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Redwood County Agricultural Society 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 Redwood County Agricultural Society 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 $36K, with revenue exceeding expenses.
Frequently Asked Questions about Redwood County Agricultural Society
Is Redwood County Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Redwood County Agricultural Society (EIN: 410740316) insufficient data. 0 red flags identified, 0 strengths noted.
How does Redwood County Agricultural Society spend its money?
Detailed spending breakdown data is not yet available for Redwood County Agricultural Society. Check back for updated IRS 990 analysis.
Are donations to Redwood County Agricultural Society tax-deductible?
Redwood County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 410740316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Redwood County Agricultural Society located?
Redwood County Agricultural Society is headquartered in Redwood Falls, Minnesota and files with the IRS under EIN 410740316.
How many years of IRS 990 filings does Redwood County Agricultural Society have?
Redwood 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 $403K in total revenue.
Filing History
IRS 990 filing history for Redwood County Agricultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Redwood County Agricultural Society's revenue has grown by 77.4%, moving from $249K to $442K. Total assets increased by 114.4% over the same period, from $321K to $688K. Total functional expenses rose by 58.4%, from $257K to $407K. In its most recent filing year (2023), Redwood County Agricultural Society reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $442K | $407K | $688K | $0 | — | View 990 |
| 2022 | $371K | $331K | $652K | $0 | — | View 990 |
| 2021 | $316K | $245K | $612K | $0 | — | View 990 |
| 2020 | $96K | $70K | $541K | $0 | — | — |
| 2019 | $246K | $295K | $517K | $3K | — | View 990 |
| 2018 | $362K | $232K | $563K | $0 | — | View 990 |
| 2017 | $255K | $256K | $495K | $61K | — | View 990 |
| 2016 | $262K | $236K | $435K | $0 | — | View 990 |
| 2015 | $271K | $278K | $410K | $2K | — | View 990 |
| 2014 | $377K | $259K | $419K | $3K | — | View 990 |
| 2013 | $275K | $251K | $390K | $78K | — | View 990 |
| 2012 | $243K | $238K | $339K | $50K | — | View 990 |
| 2011 | $249K | $257K | $321K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $442K, expenses of $407K, and assets of $688K (revenue +19.2% year-over-year).
- 2022: Revenue of $371K, expenses of $331K, and assets of $652K (revenue +17.3% year-over-year).
- 2021: Revenue of $316K, expenses of $245K, and assets of $612K (revenue +229.0% year-over-year).
- 2020: Revenue of $96K, expenses of $70K, and assets of $541K (revenue -61.0% year-over-year).
- 2019: Revenue of $246K, expenses of $295K, and assets of $517K (revenue -32.0% year-over-year).
- 2018: Revenue of $362K, expenses of $232K, and assets of $563K (revenue +42.2% year-over-year).
- 2017: Revenue of $255K, expenses of $256K, and assets of $495K (revenue -2.9% year-over-year).
- 2016: Revenue of $262K, expenses of $236K, and assets of $435K (revenue -3.1% year-over-year).
- 2015: Revenue of $271K, expenses of $278K, and assets of $410K (revenue -28.1% year-over-year).
- 2014: Revenue of $377K, expenses of $259K, and assets of $419K (revenue +37.0% year-over-year).
- 2013: Revenue of $275K, expenses of $251K, and assets of $390K (revenue +13.1% year-over-year).
- 2012: Revenue of $243K, expenses of $238K, and assets of $339K (revenue -2.5% year-over-year).
- 2011: Revenue of $249K, expenses of $257K, and assets of $321K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Redwood County Agricultural Society:
Data Sources and Methodology
This transparency report for Redwood 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.