Sussex County Farm And Horse Show Association Inc
Sussex County Farm And Horse Show Association: Stable Finances, High Program Spending
EIN: 221720078 · Branchville, NJ · NTEE: N520 · Updated: 2026-04-04
About Sussex County Farm And Horse Show Association Inc
Sussex County Farm And Horse Show Association Inc (EIN: 221720078) is a nonprofit organization based in Branchville, NJ, classified under NTEE code N520. The organization reported total revenue of $3.6M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sussex County Farm And Horse Show Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sussex County Farm And Horse Show Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sussex County Farm And Horse Show Association Inc 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization, which is a positive indicator for donor funds directly supporting the mission.
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 Sussex County Farm And Horse Show Association Inc:
- Consistent revenue generation over multiple years, with a notable recovery from a dip in 2020.
- Strong asset base, consistently above $3.3 million, providing financial stability.
- Low liability-to-asset ratio, indicating good financial health and limited debt.
- High percentage of expenses dedicated to program services, maximizing mission impact.
- Volunteer-led executive structure minimizes administrative overhead.
Frequently Asked Questions about Sussex County Farm And Horse Show Association Inc
What does Sussex County Farm And Horse Show Association Inc do?
Sussex County Farm And Horse Show Association Inc is a nonprofit organization in the Recreation & Sports sector, located in Branchville, New Jersey. It is classified under NTEE code N520.
How much revenue does Sussex County Farm And Horse Show Association Inc have?
Sussex County Farm And Horse Show Association Inc reported total revenue of $3,587,831. Based on 13 IRS 990 filings on record.
What are Sussex County Farm And Horse Show Association Inc's total assets?
Sussex County Farm And Horse Show Association Inc holds total assets of $4,052,095 as reported in IRS 990 filings.
Where is Sussex County Farm And Horse Show Association Inc located?
Sussex County Farm And Horse Show Association Inc is based in Branchville, New Jersey.
What is Sussex County Farm And Horse Show Association Inc's EIN?
Sussex County Farm And Horse Show Association Inc's Employer Identification Number (EIN) is 221720078. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sussex County Farm And Horse Show Association Inc?
Sussex County Farm And Horse Show Association Inc is classified under NTEE code N520 (Recreation & Sports).
Is Sussex County Farm And Horse Show Association Inc a registered 501(c)(3)?
Yes, Sussex County Farm And Horse Show Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 221720078.
Does Sussex County Farm And Horse Show Association Inc file IRS Form 990?
Yes, Sussex County Farm And Horse Show Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Sussex County Farm And Horse Show Association Inc's revenue in 2023?
In the 202312 filing period, Sussex County Farm And Horse Show Association Inc reported total revenue of $3,064,282, total expenses of $2,895,165, and net assets of $4,389,928.
Is Sussex County Farm And Horse Show Association Inc's revenue growing or declining?
Sussex County Farm And Horse Show Association Inc's revenue is relatively stable. Revenue went from $3,154,407 (202212) to $3,064,282 (202312), a -2.9% change. Based on 13 filings on record.
What is Sussex County Farm And Horse Show Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Sussex County Farm And Horse Show Association Inc covers tax period 202312. It shows revenue of $3,064,282, expenses of $2,895,165, total assets of $4,389,928, and liabilities of $851,077.
How much does Sussex County Farm And Horse Show Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Sussex County Farm And Horse Show Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Sussex County Farm And Horse Show Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Sussex County Farm And Horse Show Association Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Sussex County Farm And Horse Show Association Inc's strengths?
Positive indicators for Sussex County Farm And Horse Show Association Inc include: Consistent revenue generation over multiple years, with a notable recovery from a dip in 2020.. Strong asset base, consistently above $3.3 million, providing financial stability.. Low liability-to-asset ratio, indicating good financial health and limited debt.. High percentage of expenses dedicated to program services, maximizing mission impact.. Volunteer-led executive structure minimizes administrative overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Sussex County Farm And Horse Show Association Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization, which is a positive indicator for donor funds directly supporting the mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations with $0 reported executive compensation?
The consistent reporting of $0 for executive compensation across all available filings suggests that the organization is primarily run by volunteers, including its leadership. This model significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards programs and mission-related activities. It implies a strong community-driven and dedicated volunteer base.
What caused the significant drop in revenue in 2020 and how did the organization recover?
The sharp decline in revenue from $2,747,121 in 2019 to $209,117 in 2020 was likely due to the COVID-19 pandemic, which severely impacted events and gatherings. The organization demonstrated resilience by recovering to $2,708,757 in 2021 and further to $3,064,282 in 2023, indicating effective adaptation and a strong return to pre-pandemic operational levels.
Filing History
IRS 990 filing history for Sussex County Farm And Horse Show Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sussex County Farm And Horse Show Association Inc's revenue has grown by 8.2%, moving from $2.8M to $3.1M. Total assets increased by 0.6% over the same period, from $4.4M to $4.4M. Total functional expenses fell by 12.9%, from $3.3M to $2.9M. In its most recent filing year (2023), Sussex County Farm And Horse Show Association Inc reported a surplus of $169K, with revenue exceeding expenses. The organization holds $851K in liabilities against $4.4M in assets (debt-to-asset ratio: 19.4%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.9M | $4.4M | $851K | — | View 990 |
| 2022 | $3.2M | $2.8M | $4.3M | $913K | — | — |
| 2021 | $2.7M | $2.2M | $4.1M | $1.1M | — | View 990 |
| 2020 | $209K | $953K | $3.3M | $883K | — | View 990 |
| 2019 | $2.7M | $2.9M | $3.7M | $474K | — | View 990 |
| 2018 | $2.6M | $2.9M | $3.9M | $572K | — | View 990 |
| 2017 | $2.9M | $2.9M | $4.0M | $387K | — | View 990 |
| 2016 | $3.0M | $3.2M | $3.9M | $300K | — | View 990 |
| 2015 | $3.4M | $3.3M | $4.2M | $295K | — | View 990 |
| 2014 | $3.0M | $3.0M | $3.9M | $179K | — | View 990 |
| 2013 | $3.0M | $3.1M | $4.1M | $228K | — | View 990 |
| 2012 | $2.6M | $3.0M | $4.0M | $140K | — | View 990 |
| 2011 | $2.8M | $3.3M | $4.4M | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.9M, and assets of $4.4M (revenue -2.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.8M, and assets of $4.3M (revenue +16.5% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.2M, and assets of $4.1M (revenue +1195.3% year-over-year).
- 2020: Revenue of $209K, expenses of $953K, and assets of $3.3M (revenue -92.4% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.9M, and assets of $3.7M (revenue +4.0% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.9M, and assets of $3.9M (revenue -9.3% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.9M, and assets of $4.0M (revenue -3.0% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.2M, and assets of $3.9M (revenue -12.3% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.3M, and assets of $4.2M (revenue +14.4% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.0M, and assets of $3.9M (revenue -0.5% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.1M, and assets of $4.1M (revenue +14.8% year-over-year).
- 2012: Revenue of $2.6M, expenses of $3.0M, and assets of $4.0M (revenue -7.6% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.3M, and assets of $4.4M.
Data Sources and Methodology
This transparency report for Sussex County Farm And Horse Show 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.