Salem County Cooperative Fair Assn Inc
Salem County Cooperative Fair Assn Inc maintains strong asset base and no liabilities with volunteer leadership.
EIN: 210742604 · Penns Grove, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $325K |
| Total Expenses | $318K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $708K |
| Transparency Score | 85/100 |
Is Salem County Cooperative Fair Assn Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Salem County Cooperative Fair Assn Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salem County Cooperative Fair Assn Inc
Salem County Cooperative Fair Assn Inc (EIN: 210742604) is a nonprofit organization based in Penns Grove, NJ. The organization reported total revenue of $325K and total assets of $722K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem County Cooperative Fair Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salem County Cooperative Fair Assn Inc is a small nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $318K |
| Surplus / Deficit | +$34K |
| Total Assets | $708K |
| Net Assets | $708K |
| Operating Margin | 9.7% |
| Months of Reserves | 26.7 months |
Financial Health Grade: A
In 2023, Salem County Cooperative Fair Assn Inc reported a surplus of $34K with revenue exceeding expenses, holds 26.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Salem County Cooperative Fair Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.9% | +18.1% | +5.0% |
| 2022 | -5.6% | +6.7% | +0.9% |
| 2021 | +527.3% | +222.5% | +6.2% |
| 2020 | -83.8% | -70.7% | -4.8% |
| 2019 | +4.5% | -18.6% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1962 |
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 Salem County Cooperative Fair Assn Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Salem County Cooperative Fair Assn Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $34K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues typically around $300,000.
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 Salem County Cooperative Fair Assn Inc:
- Consistent financial stability with growing assets, reaching $708,334 in 202312.
- Zero reported liabilities across all 13 filings, indicating strong financial health and low risk.
- No officer compensation reported, suggesting efficient use of funds and potentially volunteer leadership.
- Demonstrated resilience and financial recovery after the significant revenue drop in 202012.
- Revenue generally exceeds expenses, leading to surpluses in most operating periods.
Frequently Asked Questions about Salem County Cooperative Fair Assn Inc
Is Salem County Cooperative Fair Assn Inc a legitimate charity?
Salem County Cooperative Fair Assn Inc (EIN: 210742604) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $325K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Salem County Cooperative Fair Assn Inc spend its money?
Salem County Cooperative Fair Assn Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Salem County Cooperative Fair Assn Inc tax-deductible?
Salem County Cooperative Fair Assn Inc is registered as a tax-exempt nonprofit (EIN: 210742604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Salem County Cooperative Fair Assn Inc CEO make?
Salem County Cooperative Fair Assn Inc's highest-compensated officer earns $300,000. annually. The organization reported $325K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Salem County Cooperative Fair Assn Inc located?
Salem County Cooperative Fair Assn Inc is headquartered in Penns Grove, New Jersey and files with the IRS under EIN 210742604.
How many years of IRS 990 filings does Salem County Cooperative Fair Assn Inc have?
Salem County Cooperative Fair Assn Inc 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 $325K in total revenue.
Is Salem County Cooperative Fair Assn Inc a good charity?
Based on the available financial data, Salem County Cooperative Fair Assn Inc appears to be a financially sound organization with no liabilities and a consistent asset base. The absence of officer compensation suggests a strong commitment to directing resources towards its mission. However, without detailed program spending information, a full assessment of its charitable impact is limited.
How does the organization manage its finances?
The organization consistently manages its finances to maintain a healthy asset base (over $700,000 in 202312) and zero liabilities. Revenue generally exceeds expenses, as seen in 202312 ($351,992 revenue vs. $317,976 expenses), indicating prudent financial management and sustainability.
What was the impact of the pandemic on the organization?
The COVID-19 pandemic significantly impacted the organization in 202012, with revenue dropping to $46,486 from $286,115 in 201912, and expenses also decreasing to $78,263. However, the organization demonstrated resilience by rebounding strongly in 202112 with revenue of $291,609.
Filing History
IRS 990 filing history for Salem County Cooperative Fair Assn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Salem County Cooperative Fair Assn Inc's revenue has grown by 36.8%, moving from $257K to $352K. Total assets increased by 5.9% over the same period, from $669K to $708K. Total functional expenses rose by 62.9%, from $195K to $318K. In its most recent filing year (2023), Salem County Cooperative Fair Assn Inc reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $352K | $318K | $708K | $0 | — | View 990 |
| 2022 | $275K | $269K | $674K | $0 | — | View 990 |
| 2021 | $292K | $252K | $668K | $0 | — | — |
| 2020 | $46K | $78K | $629K | $0 | — | — |
| 2019 | $286K | $267K | $661K | $0 | — | View 990 |
| 2018 | $274K | $328K | $642K | $0 | — | View 990 |
| 2017 | $297K | $278K | $696K | $0 | — | View 990 |
| 2016 | $247K | $251K | $677K | $0 | — | View 990 |
| 2015 | $272K | $298K | $680K | $0 | — | View 990 |
| 2014 | $267K | $238K | $706K | $0 | — | View 990 |
| 2013 | $244K | $235K | $677K | $0 | — | View 990 |
| 2012 | $241K | $241K | $668K | $0 | — | View 990 |
| 2011 | $257K | $195K | $669K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $352K, expenses of $318K, and assets of $708K (revenue +27.9% year-over-year).
- 2022: Revenue of $275K, expenses of $269K, and assets of $674K (revenue -5.6% year-over-year).
- 2021: Revenue of $292K, expenses of $252K, and assets of $668K (revenue +527.3% year-over-year).
- 2020: Revenue of $46K, expenses of $78K, and assets of $629K (revenue -83.8% year-over-year).
- 2019: Revenue of $286K, expenses of $267K, and assets of $661K (revenue +4.5% year-over-year).
- 2018: Revenue of $274K, expenses of $328K, and assets of $642K (revenue -7.7% year-over-year).
- 2017: Revenue of $297K, expenses of $278K, and assets of $696K (revenue +19.9% year-over-year).
- 2016: Revenue of $247K, expenses of $251K, and assets of $677K (revenue -9.2% year-over-year).
- 2015: Revenue of $272K, expenses of $298K, and assets of $680K (revenue +1.9% year-over-year).
- 2014: Revenue of $267K, expenses of $238K, and assets of $706K (revenue +9.7% year-over-year).
- 2013: Revenue of $244K, expenses of $235K, and assets of $677K (revenue +1.2% year-over-year).
- 2012: Revenue of $241K, expenses of $241K, and assets of $668K (revenue -6.4% year-over-year).
- 2011: Revenue of $257K, expenses of $195K, and assets of $669K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salem County Cooperative Fair Assn Inc:
Data Sources and Methodology
This transparency report for Salem County Cooperative Fair Assn 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.