Bi-county Fair Inc
Only null% goes to programs Strong reserves Growing revenue
Bi-county Fair Inc is a 501(c)(3) organization based in Milan, New Mexico, registered in 1994, with $178,721 in FY2024 revenue. CharityIndex grades it B.
Po Box 3689, Milan, NM, 87021 EIN 85-0256776 Since 1994
Revenue (FY2024)
$179K
▼ 13.7% vs prior year
Recreation median: $129K
Expenses (FY2024)
$169K
Net assets
$98K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bi-county Fair Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bi-county Fair Inc: 7 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bi-county Fair Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bi-county Fair Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 3689, Milan, NM, 87021
- City
- Milan
- State
- New Mexico
- Category
- Recreation & Sports
- Subcategory
- Community Recreation Centers
- Website
- …
Financial trends
Revenue declined from $226K (FY2013) to $179K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$98K
Net assets
$98K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $178,721▼13.7% | $169,006▼18.9% | $98,374▲11.0% | $98,374▼66.9% | 990EZ |
| 2023 | $207,082▲27.4% | $208,470▲52.5% | $88,660▼1.5% | $297,130▲230% | 990 |
| 2022 | $162,546▲15.3% | $136,697▲19.2% | $90,048▲40.3% | $90,048▲40.3% | 990EZ |
| 2021 | $141,018▲29.7% | $114,651▲0.9% | $64,199▲78.3% | $64,199▲78.3% | 990EZ |
| 2016 | $108,732▼11.0% | $113,656▼10.5% | $36,007▼12.0% | $36,007▼12.0% | 990EZ |
| 2015 | $122,160▲17.8% | $127,009▲29.7% | $40,931▼10.6% | $40,931▼10.6% | 990EZ |
| 2014 | $103,742▼54.0% | $97,952▼54.3% | $45,780▲14.5% | $45,780▲14.5% | 990EZ |
| 2013 | $225,578 | $214,462▲59.9% | $39,990▲38.5% | $39,990▲38.5% | 990 |
| 2012 | — | $134,087▲22.7% | $28,874▲5.1% | $28,874▲5.1% | 990 |
| 2011 | — | $109,258▼5.2% | $27,464▼2.5% | $27,464▼2.5% | 990 |
| 2010 | — | $115,239 | $28,182 | $28,182 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Bi-county Fair Inc a legitimate nonprofit?
- Yes. Bi-county Fair Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0256776, based in Milan, New Mexico. Donations are tax-deductible.
- What is Bi-county Fair Inc's EIN?
- Bi-county Fair Inc's Employer Identification Number (EIN) is 85-0256776.
- How much revenue does Bi-county Fair Inc report?
- Bi-county Fair Inc reported $178,721 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bi-county Fair Inc have?
- CharityIndex grades Bi-county Fair Inc B, based on financial health (reserves and operating margin).
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Data for Bi-county Fair Inc (EIN 85-0256776) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.