Farmers Antique Tractor & Engine Association is a 501(c)(3) organization based in Adrian, Michigan, registered in 1990, with $38,323 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$38K
▲ 50.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$32K
Net assets
$202K
Employees
—
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 Farmers Antique Tractor & Engine Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Farmers Antique Tractor & Engine Association: 75 mo reserves · +16% margin earns a B+ on this criterion. See the exact thresholds →
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 Farmers Antique Tractor & Engine Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Farmers Antique Tractor & Engine Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $44K (FY2010) to $38K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
15.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$202K
Net assets
$202K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,323▲50.1% | $32,255▲29.4% | $201,827▲3.1% | $201,827▲3.1% | 990EZ |
| 2023 | $25,529▼16.2% | $24,925▲37.3% | $195,759▼2.6% | $195,759▼2.6% | 990EZ |
| 2022 | $30,481▲9.8% | $18,157▼7.8% | $200,958▲6.5% | $200,958▲6.5% | 990EZ |
| 2021 | $27,765▲69.4% | $19,697▼15.1% | $188,634▲4.5% | $188,634▲4.5% | 990EZ |
| 2020 | $16,394▼48.0% | $23,210▼13.9% | $180,566▼3.6% | $180,566▼3.6% | 990EZ |
| 2019 | $31,528▼32.5% | $26,968▼20.4% | $187,382▼1.1% | $187,382▼1.1% | 990EZ |
| 2018 | $46,726▼3.4% | $33,885▼12.6% | $189,431▲7.3% | $189,431▲7.3% | 990EZ |
| 2017 | $48,384▲5.7% | $38,773▼8.5% | $176,590▲5.8% | $176,590▲5.8% | 990EZ |
| 2016 | $45,773▲11.7% | $42,383▲10.2% | $166,979▲2.1% | $166,979▲2.1% | 990EZ |
| 2015 | $40,990▲19.0% | $38,445▲22.7% | $163,589▲1.6% | $163,589▲1.6% | 990EZ |
| 2014 | $34,444▲44.2% | $31,334▲45.3% | $161,044▲2.0% | $161,044▲2.0% | 990EZ |
| 2013 | $23,884▼2.0% | $21,566▲15.6% | $157,934▲1.5% | $157,934▲1.5% | 990EZ |
| 2012 | $24,367▼13.2% | $18,655▼42.0% | $155,616▲3.8% | $155,616▲3.8% | 990EZ |
| 2011 | $28,080▼36.5% | $32,146▼35.6% | $149,904▼2.6% | $149,904▼2.6% | 990EZ |
| 2010 | $44,251 | $49,887 | $153,970 | $153,970 | 990EZ |
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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Data for Farmers Antique Tractor & Engine Association (EIN 38-2421513) 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.