Rowan County Agriculture & Industrial Fair Assoc Inc is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 2016, with $393,479 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$393K
▲ 7.3% vs prior year
Food & Agriculture median: $197K
Expenses (FY2023)
$360K
Net assets
$572K
Employees
—
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 →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 Rowan County Agriculture & Industrial Fair Assoc Inc— 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 Rowan County Agriculture & Industrial Fair Assoc Inc: 19 mo reserves · +9% margin earns a A 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 Rowan County Agriculture & Industrial Fair Assoc Inc— 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 Rowan County Agriculture & Industrial Fair Assoc Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $397K (FY2013) to $393K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
8.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$464K
Net assets
$572K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $393,479▲7.3% | $360,008▲13.1% | $571,512▲6.2% | $1,035,016▲2.0% | 990 |
| 2022 | $366,568▼0.9% | $318,324▲2.7% | $538,041▲9.8% | $1,014,355▲3.2% | 990 |
| 2021 | $369,744▲266% | $310,029▲92.2% | $489,797▲13.9% | $982,715▲4.9% | 990 |
| 2020 | $101,110▼76.9% | $161,309▼64.2% | $430,082▼12.3% | $936,498▼7.2% | 990 |
| 2019 | $438,018▲28.1% | $450,147▲17.8% | $490,281▼2.4% | $1,009,325▼0.4% | 990 |
| 2018 | $341,996▲4.5% | $381,967▲19.2% | $502,410▼7.4% | $1,013,109▼2.9% | 990 |
| 2017 | $327,214▲4.3% | $320,332▲5.0% | $542,381▲1.3% | $1,043,747▲2.9% | 990 |
| 2016 | $313,620▼18.9% | $305,179▼5.3% | $535,499▲1.6% | $1,014,805▲0.4% | 990 |
| 2015 | $386,697▼19.9% | $322,428▲13.5% | $527,058▲13.9% | $1,010,322▲6.3% | 990 |
| 2014 | $482,958▲21.7% | $283,963▼14.2% | $462,789▲75.4% | $950,614▲25.2% | 990 |
| 2013 | $396,693 | $331,146▲72.2% | $263,794▲33.1% | $759,389▲9.0% | 990 |
| 2012 | — | $192,269▲3.8% | $198,247▲17.2% | $696,861▲312% | 990 |
| 2011 | — | $185,203▼13.4% | $169,150▼3.1% | $169,150▼3.3% | 990 |
| 2010 | — | $213,957 | $174,585 | $175,006 | 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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Data for Rowan County Agriculture & Industrial Fair Assoc Inc (EIN 56-0797945) 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.