Franklin County Agri & Fair Assoc
501(c)(5)
Only null% goes to programs Strong reserves
Franklin County Agri & Fair Assoc is a 501(c)(5) organization based in Hampton, Iowa, registered in 1940, with $685,836 in FY2023 revenue. CharityIndex grades it B.
Po Box 442, Hampton, IA, 50441 EIN 42-0260495 Since 1940
Revenue (FY2023)
$686K
▼ 30.6% vs prior year
Expenses (FY2023)
$683K
Net assets
$1.2M
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 Franklin County Agri & Fair Assoc— 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 rating21 mo reserves · +0% 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 Franklin County Agri & Fair Assoc: 21 mo reserves · +0% 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 Franklin County Agri & Fair Assoc— 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 Franklin County Agri & Fair Assoc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $293K (FY2019) to $686K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2,000Net assets $1.2M
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$2,000
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $685,836▼30.6% | $683,364▼35.2% | $1,194,357▼3.2% | $1,196,357▼3.0% | 990 |
| 2022 | $988,819▲9.9% | $1,053,938▲51.3% | $1,233,268▼5.0% | $1,233,268▼5.0% | 990 |
| 2021 | $899,463▲27.9% | $696,544▲16.4% | $1,298,387▲18.5% | $1,298,387▲18.5% | 990 |
| 2020 | $703,022▲140% | $598,217▲167% | $1,095,467▲10.6% | $1,095,467▲9.2% | 990 |
| 2019 | $293,212 | $223,656 | $990,662 | $1,003,617 | 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.
Frequently asked questions
- Is Franklin County Agri & Fair Assoc a legitimate nonprofit?
- Yes. Franklin County Agri & Fair Assoc is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 42-0260495, based in Hampton, Iowa.
- What is Franklin County Agri & Fair Assoc's EIN?
- Franklin County Agri & Fair Assoc's Employer Identification Number (EIN) is 42-0260495.
- How much revenue does Franklin County Agri & Fair Assoc report?
- Franklin County Agri & Fair Assoc reported $685,836 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Franklin County Agri & Fair Assoc have?
- CharityIndex grades Franklin County Agri & Fair Assoc B, based on financial health (reserves and operating margin).
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Data for Franklin County Agri & Fair Assoc (EIN 42-0260495) 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.