Wallace County Amusement Association
EIN: 510175983 · Sharon Spgs, KS · NTEE: N52
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $32K |
| Net Assets | $69K |
Is Wallace County Amusement Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wallace County Amusement Association
Wallace County Amusement Association (EIN: 510175983) is a nonprofit organization based in Sharon Spgs, KS, classified under NTEE code N52. The organization reported total revenue of $60K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wallace County Amusement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wallace County Amusement Association is a micro nonprofit that has been operating for 7 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $32K |
| Surplus / Deficit | $-335 |
| Total Assets | $69K |
| Net Assets | $69K |
| Operating Margin | -1.1% |
| Months of Reserves | 25.7 months |
Financial Health Grade: B
In 2023, Wallace County Amusement Association reported a deficit of $335 with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position).
Financial Trends
Over 16 years of filings (2008–2023), Wallace County Amusement Association's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.7% | +0.5% | -0.5% |
| 2022 | -6.6% | -27.7% | -22.1% |
| 2021 | +1082.4% | +210.8% | +10.9% |
| 2020 | -79.9% | -62.9% | -10.9% |
| 2019 | -9.3% | +57.5% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wallace County Amusement Association 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 Wallace County Amusement Association 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 $335, with expenses exceeding revenue.
Frequently Asked Questions about Wallace County Amusement Association
Is Wallace County Amusement Association a legitimate charity?
Wallace County Amusement Association (EIN: 510175983) is a registered tax-exempt nonprofit based in Kansas. It has 16 years of IRS 990 filings on record. Total revenue: $60K. No red flags identified. Financial health grade: B.
How does Wallace County Amusement Association spend its money?
Wallace County Amusement Association reported $60K in total revenue in IRS 990 filings. 16 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wallace County Amusement Association tax-deductible?
Wallace County Amusement Association is registered as a tax-exempt nonprofit (EIN: 510175983). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wallace County Amusement Association located?
Wallace County Amusement Association is headquartered in Sharon Spgs, Kansas and files with the IRS under EIN 510175983. It is classified under NTEE code N52.
How many years of IRS 990 filings does Wallace County Amusement Association have?
Wallace County Amusement Association has 16 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 $60K in total revenue.
Filing History
IRS 990 filing history for Wallace County Amusement Association showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Wallace County Amusement Association's revenue has grown by 25.3%, moving from $25K to $32K. Total assets increased by 51.7% over the same period, from $45K to $69K. Total functional expenses rose by 77.3%, from $18K to $32K. In its most recent filing year (2023), Wallace County Amusement Association reported a deficit of $335, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32K | $32K | $69K | $0 | — | View 990 |
| 2022 | $50K | $32K | $69K | $0 | — | View 990 |
| 2021 | $53K | $44K | $89K | $0 | — | View 990 |
| 2020 | $4K | $14K | $80K | $0 | — | View 990 |
| 2019 | $22K | $38K | $90K | $0 | — | View 990 |
| 2018 | $25K | $24K | $106K | $0 | — | View 990 |
| 2017 | $30K | $28K | $106K | $0 | — | View 990 |
| 2016 | $54K | $41K | $104K | $0 | — | View 990 |
| 2015 | $46K | $35K | $91K | $0 | — | — |
| 2014 | $31K | $19K | $80K | $0 | — | — |
| 2013 | $24K | $19K | $67K | $0 | — | — |
| 2012 | $24K | $11K | $62K | $0 | — | — |
| 2011 | $14K | $11K | $50K | $0 | — | — |
| 2010 | $16K | $13K | $47K | $0 | — | — |
| 2009 | $17K | $18K | $44K | $0 | — | — |
| 2008 | $25K | $18K | $45K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $32K, expenses of $32K, and assets of $69K (revenue -35.7% year-over-year).
- 2022: Revenue of $50K, expenses of $32K, and assets of $69K (revenue -6.6% year-over-year).
- 2021: Revenue of $53K, expenses of $44K, and assets of $89K (revenue +1082.4% year-over-year).
- 2020: Revenue of $4K, expenses of $14K, and assets of $80K (revenue -79.9% year-over-year).
- 2019: Revenue of $22K, expenses of $38K, and assets of $90K (revenue -9.3% year-over-year).
- 2018: Revenue of $25K, expenses of $24K, and assets of $106K (revenue -17.7% year-over-year).
- 2017: Revenue of $30K, expenses of $28K, and assets of $106K (revenue -44.6% year-over-year).
- 2016: Revenue of $54K, expenses of $41K, and assets of $104K (revenue +17.2% year-over-year).
- 2015: Revenue of $46K, expenses of $35K, and assets of $91K (revenue +46.5% year-over-year).
- 2014: Revenue of $31K, expenses of $19K, and assets of $80K (revenue +31.2% year-over-year).
- 2013: Revenue of $24K, expenses of $19K, and assets of $67K (revenue +1.5% year-over-year).
- 2012: Revenue of $24K, expenses of $11K, and assets of $62K (revenue +69.4% year-over-year).
- 2011: Revenue of $14K, expenses of $11K, and assets of $50K (revenue -14.6% year-over-year).
- 2010: Revenue of $16K, expenses of $13K, and assets of $47K (revenue -2.7% year-over-year).
- 2009: Revenue of $17K, expenses of $18K, and assets of $44K (revenue -34.1% year-over-year).
- 2008: Revenue of $25K, expenses of $18K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wallace County Amusement Association:
Data Sources and Methodology
This transparency report for Wallace County Amusement Association 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.