Washington County Agricultural Society
EIN: 410762060 · Afton, MN · NTEE: N52
| Metric | Value |
|---|---|
| Total Revenue | $849K |
| Total Expenses | $694K |
| Net Assets | $1.2M |
Is Washington County Agricultural Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington County Agricultural Society
Washington County Agricultural Society (EIN: 410762060) is a nonprofit organization based in Afton, MN, classified under NTEE code N52. The organization reported total revenue of $849K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington County Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington County Agricultural Society is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $814K |
| Total Expenses | $694K |
| Surplus / Deficit | +$120K |
| Total Assets | $1.7M |
| Total Liabilities | $487K |
| Net Assets | $1.2M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 28.4% |
| Months of Reserves | 29.6 months |
Financial Health Grade: A
In 2023, Washington County Agricultural Society reported a surplus of $120K with revenue exceeding expenses, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Washington County Agricultural Society's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.8% | +28.2% | -23.1% |
| 2022 | +10.1% | +5.8% | +38.6% |
| 2021 | +402.1% | +194.1% | -1.0% |
| 2020 | -79.1% | -72.7% | -14.1% |
| 2019 | -6.6% | +13.5% | -24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington County Agricultural Society 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 Washington County Agricultural Society 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 surplus of $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.4%.
Frequently Asked Questions about Washington County Agricultural Society
Is Washington County Agricultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington County Agricultural Society (EIN: 410762060) insufficient data. 0 red flags identified, 0 strengths noted.
How does Washington County Agricultural Society spend its money?
Detailed spending breakdown data is not yet available for Washington County Agricultural Society. Check back for updated IRS 990 analysis.
Are donations to Washington County Agricultural Society tax-deductible?
Washington County Agricultural Society is registered as a tax-exempt nonprofit (EIN: 410762060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington County Agricultural Society located?
Washington County Agricultural Society is headquartered in Afton, Minnesota and files with the IRS under EIN 410762060. It is classified under NTEE code N52.
How many years of IRS 990 filings does Washington County Agricultural Society have?
Washington County Agricultural 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 $849K in total revenue.
Filing History
IRS 990 filing history for Washington County Agricultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washington County Agricultural Society's revenue has grown by 50.3%, moving from $541K to $814K. Total assets increased by 16.5% over the same period, from $1.5M to $1.7M. Total functional expenses rose by 28.8%, from $538K to $694K. In its most recent filing year (2023), Washington County Agricultural Society reported a surplus of $120K, with revenue exceeding expenses. The organization holds $487K in liabilities against $1.7M in assets (debt-to-asset ratio: 28.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $814K | $694K | $1.7M | $487K | — | View 990 |
| 2022 | $617K | $541K | $2.2M | $1.1M | — | View 990 |
| 2021 | $560K | $512K | $1.6M | $574K | — | View 990 |
| 2020 | $112K | $174K | $1.6M | $639K | — | View 990 |
| 2019 | $535K | $637K | $1.9M | $842K | — | View 990 |
| 2018 | $572K | $561K | $2.5M | $1.1M | — | View 990 |
| 2017 | $668K | $519K | $2.2M | $804K | — | View 990 |
| 2016 | $482K | $537K | $2.0M | $773K | — | View 990 |
| 2015 | $497K | $508K | $2.1M | $812K | — | View 990 |
| 2014 | $614K | $580K | $1.3M | $48K | — | View 990 |
| 2013 | $600K | $574K | $1.4M | $151K | — | View 990 |
| 2012 | $567K | $726K | $1.4M | $165K | — | View 990 |
| 2011 | $541K | $538K | $1.5M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $814K, expenses of $694K, and assets of $1.7M (revenue +31.8% year-over-year).
- 2022: Revenue of $617K, expenses of $541K, and assets of $2.2M (revenue +10.1% year-over-year).
- 2021: Revenue of $560K, expenses of $512K, and assets of $1.6M (revenue +402.1% year-over-year).
- 2020: Revenue of $112K, expenses of $174K, and assets of $1.6M (revenue -79.1% year-over-year).
- 2019: Revenue of $535K, expenses of $637K, and assets of $1.9M (revenue -6.6% year-over-year).
- 2018: Revenue of $572K, expenses of $561K, and assets of $2.5M (revenue -14.3% year-over-year).
- 2017: Revenue of $668K, expenses of $519K, and assets of $2.2M (revenue +38.7% year-over-year).
- 2016: Revenue of $482K, expenses of $537K, and assets of $2.0M (revenue -3.1% year-over-year).
- 2015: Revenue of $497K, expenses of $508K, and assets of $2.1M (revenue -19.0% year-over-year).
- 2014: Revenue of $614K, expenses of $580K, and assets of $1.3M (revenue +2.4% year-over-year).
- 2013: Revenue of $600K, expenses of $574K, and assets of $1.4M (revenue +5.7% year-over-year).
- 2012: Revenue of $567K, expenses of $726K, and assets of $1.4M (revenue +4.8% year-over-year).
- 2011: Revenue of $541K, expenses of $538K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington County Agricultural Society:
Data Sources and Methodology
This transparency report for Washington County Agricultural 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.