Windsor Fair
Windsor Fair shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 10223898 · Readfield, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Windsor Fair Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Windsor Fair directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Windsor Fair
Windsor Fair (EIN: 10223898) is a nonprofit organization based in Readfield, ME. The organization reported total revenue of $2.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Windsor Fair's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Windsor Fair is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$293K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 14.5% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Windsor Fair reported a surplus of $293K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Windsor Fair's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +3.2% | +23.4% |
| 2022 | +29.8% | +28.4% | +23.7% |
| 2021 | +436.3% | +493.2% | +20.1% |
| 2020 | -80.9% | -84.1% | +7.0% |
| 2019 | +1.3% | -2.5% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
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 Windsor Fair 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, Windsor Fair 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 $293K, with revenue exceeding expenses.
Executive Compensation Analysis
Windsor Fair reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size and revenue.
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.
Red Flags
The following concerns were identified during AI analysis of Windsor Fair's IRS 990 filings:
- No reported officer compensation, which is unusual for an organization with over $2 million in annual revenue and could indicate a lack of transparency in compensation structures or an unsustainable reliance on volunteer leadership at this scale.
Strengths
The following positive indicators were identified for Windsor Fair:
- Consistent revenue growth, increasing from $1,312,752 in 2014 to $2,018,142 in 2023.
- Strong asset accumulation, growing from $626,799 in 2014 to $1,538,252 in 2023.
- Minimal to no liabilities reported across all filings, indicating excellent financial stability and low debt.
- Consistent operational surpluses in most recent years, demonstrating sound financial management.
- Regular IRS 990 filings over 13 periods, indicating compliance and transparency in reporting.
Frequently Asked Questions about Windsor Fair
Is Windsor Fair a legitimate charity?
Based on AI analysis of IRS 990 filings, Windsor Fair (EIN: 10223898) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Windsor Fair spend its money?
Windsor Fair directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Windsor Fair tax-deductible?
Windsor Fair is registered as a tax-exempt nonprofit (EIN: 10223898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Windsor Fair located?
Windsor Fair is headquartered in Readfield, Maine and files with the IRS under EIN 10223898.
How many years of IRS 990 filings does Windsor Fair have?
Windsor Fair 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 $2.2M in total revenue.
How does Windsor Fair manage to operate without reporting any officer compensation?
The filings consistently show 0% officer compensation, suggesting a volunteer-led structure or that compensation is categorized differently, which warrants further investigation into their operational model.
What are the primary programs and activities funded by Windsor Fair's revenue?
While the data shows strong revenue and asset growth, specific details on program expenditures are not provided, making it difficult to assess the direct impact of their spending.
What is the long-term strategy for the accumulated assets, which have grown to over $1.5 million?
The significant increase in assets from $626,799 in 2014 to $1,538,252 in 2023 suggests strong financial health, but the purpose or future use of these assets is not detailed in the provided data.
Filing History
IRS 990 filing history for Windsor Fair showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Windsor Fair's revenue has grown by 52.5%, moving from $1.3M to $2.0M. Total assets increased by 148.5% over the same period, from $619K to $1.5M. Total functional expenses rose by 37.2%, from $1.3M to $1.7M. In its most recent filing year (2023), Windsor Fair reported a surplus of $293K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.7M | $1.5M | $0 | — | — |
| 2022 | $1.9M | $1.7M | $1.2M | $2K | — | — |
| 2021 | $1.5M | $1.3M | $1.0M | $0 | — | — |
| 2020 | $274K | $220K | $840K | $0 | — | — |
| 2019 | $1.4M | $1.4M | $785K | $0 | — | View 990 |
| 2018 | $1.4M | $1.4M | $738K | $0 | — | View 990 |
| 2017 | $1.4M | $1.4M | $744K | $0 | — | View 990 |
| 2016 | $1.4M | $1.4M | $745K | $1K | — | View 990 |
| 2015 | $1.4M | $1.3M | $675K | $0 | — | View 990 |
| 2014 | $1.3M | $1.3M | $627K | $0 | — | View 990 |
| 2013 | $1.3M | $1.2M | $639K | $0 | — | View 990 |
| 2012 | $1.3M | $1.4M | $583K | $0 | — | View 990 |
| 2011 | $1.3M | $1.3M | $619K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.7M, and assets of $1.5M (revenue +5.7% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.7M, and assets of $1.2M (revenue +29.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $1.0M (revenue +436.3% year-over-year).
- 2020: Revenue of $274K, expenses of $220K, and assets of $840K (revenue -80.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $785K (revenue +1.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $738K (revenue +4.1% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $744K (revenue -5.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $745K (revenue +3.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $675K (revenue +6.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $627K (revenue +1.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $639K (revenue -3.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $583K (revenue +1.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $619K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Windsor Fair:
Data Sources and Methodology
This transparency report for Windsor Fair 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.