Tanana Valley State Fair Association Inc
EIN: 920029566 · Fairbanks, AK · NTEE: X99Z
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Net Assets | $2.5M |
Is Tanana Valley State Fair Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tanana Valley State Fair Association Inc
Tanana Valley State Fair Association Inc (EIN: 920029566) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code X99Z. The organization reported total revenue of $1.6M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tanana Valley State Fair Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tanana Valley State Fair Association Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-189,384 |
| Total Assets | $3.1M |
| Total Liabilities | $585K |
| Net Assets | $2.5M |
| Operating Margin | -13.9% |
| Debt-to-Asset Ratio | 19.0% |
| Months of Reserves | 23.9 months |
Financial Health Grade: B
In 2023, Tanana Valley State Fair Association Inc reported a deficit of $189K with expenses exceeding revenue, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 19.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tanana Valley State Fair Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +18.1% | -11.3% |
| 2022 | +5.5% | +10.8% | +2.2% |
| 2021 | +125.7% | +60.7% | +16.4% |
| 2020 | -24.0% | -34.1% | -2.8% |
| 2019 | +1.0% | +11.7% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tanana Valley State Fair Association Inc 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 Tanana Valley State Fair Association Inc 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 deficit of $189K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.0%.
Frequently Asked Questions about Tanana Valley State Fair Association Inc
Is Tanana Valley State Fair Association Inc a legitimate charity?
Tanana Valley State Fair Association Inc (EIN: 920029566) is a registered tax-exempt nonprofit based in Alaska. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: B.
How does Tanana Valley State Fair Association Inc spend its money?
Tanana Valley State Fair Association Inc reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tanana Valley State Fair Association Inc tax-deductible?
Tanana Valley State Fair Association Inc is registered as a tax-exempt nonprofit (EIN: 920029566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tanana Valley State Fair Association Inc located?
Tanana Valley State Fair Association Inc is headquartered in Fairbanks, Alaska and files with the IRS under EIN 920029566. It is classified under NTEE code X99Z.
How many years of IRS 990 filings does Tanana Valley State Fair Association Inc have?
Tanana Valley State Fair Association 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Tanana Valley State Fair Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tanana Valley State Fair Association Inc's revenue has grown by 30.4%, moving from $1.0M to $1.4M. Total assets increased by 6.6% over the same period, from $2.9M to $3.1M. Total functional expenses rose by 47.8%, from $1.1M to $1.6M. In its most recent filing year (2023), Tanana Valley State Fair Association Inc reported a deficit of $189K, with expenses exceeding revenue. The organization holds $585K in liabilities against $3.1M in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.6M | $3.1M | $585K | — | — |
| 2022 | $1.4M | $1.3M | $3.5M | $790K | — | View 990 |
| 2021 | $1.3M | $1.2M | $3.4M | $777K | — | View 990 |
| 2020 | $578K | $739K | $2.9M | $415K | — | — |
| 2019 | $761K | $1.1M | $3.0M | $339K | — | View 990 |
| 2018 | $753K | $1.0M | $3.2M | $176K | — | View 990 |
| 2017 | $890K | $948K | $3.5M | $227K | — | View 990 |
| 2016 | $1.2M | $913K | $3.6M | $267K | — | View 990 |
| 2015 | $936K | $990K | $3.4M | $358K | — | View 990 |
| 2014 | $1.1M | $1.1M | $3.6M | $446K | — | View 990 |
| 2013 | $1.8M | $1.1M | $3.6M | $486K | — | View 990 |
| 2012 | $1.2M | $1.3M | $2.9M | $449K | — | View 990 |
| 2011 | $1.0M | $1.1M | $2.9M | $408K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.6M, and assets of $3.1M (revenue -0.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $3.5M (revenue +5.5% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $3.4M (revenue +125.7% year-over-year).
- 2020: Revenue of $578K, expenses of $739K, and assets of $2.9M (revenue -24.0% year-over-year).
- 2019: Revenue of $761K, expenses of $1.1M, and assets of $3.0M (revenue +1.0% year-over-year).
- 2018: Revenue of $753K, expenses of $1.0M, and assets of $3.2M (revenue -15.4% year-over-year).
- 2017: Revenue of $890K, expenses of $948K, and assets of $3.5M (revenue -25.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $913K, and assets of $3.6M (revenue +28.3% year-over-year).
- 2015: Revenue of $936K, expenses of $990K, and assets of $3.4M (revenue -16.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $3.6M (revenue -36.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.1M, and assets of $3.6M (revenue +44.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $2.9M (revenue +17.0% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tanana Valley State Fair Association Inc:
Data Sources and Methodology
This transparency report for Tanana Valley State Fair 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.