Rensselaer County Agricultural And Horticultural Society
Rensselaer County Agricultural And Horticultural Society shows strong financial recovery and growth post-2020, with no reported officer compensation.
EIN: 141370705 · Schaghticoke, NY · NTEE: N52 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $105K |
| Transparency Score | 85/100 |
Is Rensselaer County Agricultural And Horticultural Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rensselaer County Agricultural And Horticultural Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rensselaer County Agricultural And Horticultural Society
Rensselaer County Agricultural And Horticultural Society (EIN: 141370705) is a nonprofit organization based in Schaghticoke, NY, classified under NTEE code N52. The organization reported total revenue of $1.7M and total assets of $408K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rensselaer County Agricultural And Horticultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rensselaer County Agricultural And Horticultural Society is a mid-size nonprofit that has been operating for 11 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$84K |
| Total Assets | $131K |
| Total Liabilities | $26K |
| Net Assets | $105K |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 19.6% |
| Months of Reserves | 1.1 months |
Financial Health Grade: A
In 2023, Rensselaer County Agricultural And Horticultural Society reported a surplus of $84K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 19.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rensselaer County Agricultural And Horticultural Society's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | +13.8% | -26.3% |
| 2022 | +12.8% | +34.1% | +1971.1% |
| 2021 | +446.6% | +176.0% | +91.0% |
| 2020 | -80.2% | -71.2% | -62.6% |
| 2019 | -3.3% | +25.3% | -37.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 Rensselaer County Agricultural And Horticultural Society with a Mission Score of 85 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, Rensselaer County Agricultural And Horticultural 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 $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this revenue size and suggests a volunteer-led executive structure.
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 Rensselaer County Agricultural And Horticultural Society's IRS 990 filings:
- Significant revenue volatility in 2020 ($208,174) compared to surrounding years (e.g., $1,049,747 in 2019 and $1,137,799 in 2021), indicating potential vulnerability to external factors.
- Historically low asset base relative to revenue in earlier years, though this has improved significantly by 2023.
Strengths
The following positive indicators were identified for Rensselaer County Agricultural And Horticultural Society:
- Strong financial recovery and growth post-2020, with revenue increasing from $208,174 to $1,497,396 by 2023.
- Consistent reporting of 0% officer compensation across all 13 filings, indicating high efficiency in executive overhead.
- Significant reduction in liabilities from $332,514 in 2020 to $25,697 in 2023, improving financial stability.
- Positive trend in asset accumulation, increasing from $4,484 in 2020 to $130,821 in 2023.
Frequently Asked Questions about Rensselaer County Agricultural And Horticultural Society
Is Rensselaer County Agricultural And Horticultural Society a legitimate charity?
Rensselaer County Agricultural And Horticultural Society (EIN: 141370705) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Rensselaer County Agricultural And Horticultural Society spend its money?
Rensselaer County Agricultural And Horticultural Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rensselaer County Agricultural And Horticultural Society tax-deductible?
Rensselaer County Agricultural And Horticultural Society is registered as a tax-exempt nonprofit (EIN: 141370705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rensselaer County Agricultural And Horticultural Society's spending goes to programs?
Rensselaer County Agricultural And Horticultural Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rensselaer County Agricultural And Horticultural Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rensselaer County Agricultural And Horticultural Society is above average for NTEE category N52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rensselaer County Agricultural And Horticultural Society located?
Rensselaer County Agricultural And Horticultural Society is headquartered in Schaghticoke, New York and files with the IRS under EIN 141370705. It is classified under NTEE code N52.
How many years of IRS 990 filings does Rensselaer County Agricultural And Horticultural Society have?
Rensselaer County Agricultural And Horticultural 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 $1.7M in total revenue.
Is Rensselaer County Agricultural And Horticultural Society a good charity?
Based on the provided data, the organization demonstrates strong financial recovery and growth, particularly in recent years. The consistent reporting of 0% officer compensation is a significant positive indicator of efficiency and dedication to its mission. However, without detailed program spending breakdowns, a full assessment of 'goodness' is limited.
How has the organization recovered from the 2020 financial dip?
The organization has shown a remarkable recovery. Revenue increased from $208,174 in 2020 to $1,497,396 in 2023, and liabilities decreased significantly from $332,514 in 2020 to $25,697 in 2023, indicating robust financial management and operational rebound.
What is the trend in the organization's assets?
Assets have shown a positive trend, especially in recent years, increasing from $4,484 in 2020 to $130,821 in 2023, after a period of relatively low asset holdings prior to 2021.
Filing History
IRS 990 filing history for Rensselaer County Agricultural And Horticultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rensselaer County Agricultural And Horticultural Society's revenue has grown by 125.2%, moving from $665K to $1.5M. Total assets increased by 10774.6% over the same period, from $1K to $131K. Total functional expenses rose by 81.8%, from $778K to $1.4M. In its most recent filing year (2023), Rensselaer County Agricultural And Horticultural Society reported a surplus of $84K, with revenue exceeding expenses. The organization holds $26K in liabilities against $131K in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $105K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $131K | $26K | — | View 990 |
| 2022 | $1.3M | $1.2M | $177K | $156K | — | View 990 |
| 2021 | $1.1M | $926K | $9K | $125K | — | View 990 |
| 2020 | $208K | $336K | $4K | $333K | — | — |
| 2019 | $1.0M | $1.2M | $12K | $213K | — | View 990 |
| 2018 | $1.1M | $931K | $19K | $103K | — | View 990 |
| 2017 | $853K | $981K | $5K | $243K | — | View 990 |
| 2016 | $977K | $919K | $8K | $118K | — | View 990 |
| 2015 | $816K | $731K | $22K | $190K | — | View 990 |
| 2014 | $751K | $741K | $7K | $260K | — | View 990 |
| 2013 | $695K | $867K | $33K | $297K | — | View 990 |
| 2012 | $772K | $759K | $1K | $93K | — | View 990 |
| 2011 | $665K | $778K | $1K | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $131K (revenue +16.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $177K (revenue +12.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $926K, and assets of $9K (revenue +446.6% year-over-year).
- 2020: Revenue of $208K, expenses of $336K, and assets of $4K (revenue -80.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $12K (revenue -3.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $931K, and assets of $19K (revenue +27.2% year-over-year).
- 2017: Revenue of $853K, expenses of $981K, and assets of $5K (revenue -12.7% year-over-year).
- 2016: Revenue of $977K, expenses of $919K, and assets of $8K (revenue +19.8% year-over-year).
- 2015: Revenue of $816K, expenses of $731K, and assets of $22K (revenue +8.6% year-over-year).
- 2014: Revenue of $751K, expenses of $741K, and assets of $7K (revenue +8.0% year-over-year).
- 2013: Revenue of $695K, expenses of $867K, and assets of $33K (revenue -9.9% year-over-year).
- 2012: Revenue of $772K, expenses of $759K, and assets of $1K (revenue +16.0% year-over-year).
- 2011: Revenue of $665K, expenses of $778K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rensselaer County Agricultural And Horticultural Society:
Data Sources and Methodology
This transparency report for Rensselaer County Agricultural And Horticultural 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.