Kane County Fair

Nonprofit profile at a glance

EIN
362070625
IRS 990-PF coverage
2019–2024
Forms available
Form 990-PF 2024, Form 990-T 2024
Location
St Charles, IL, USA
Phone
6305846926
Rating
55
Verdict
MIXED
Rating confidence
Standard
Sector
Fairs

Reported finances

Revenue
$2,508,373
Expenses
$2,218,123

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Fairs

What it reported funding in 2024

The foundation reported 2 grants totaling $1,500. The stated grant purpose was college scholarship.

Operating model

Revenue model
Other-operating. 72% of the foundation's positive operating resources came from other operating revenue.
Distribution model
Direct operator. The foundation carried out 98% of its reported charitable disbursements directly.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

MIXED - The filing identifies who received its grants and the filed numbers largely add up. A relatively small share of available resources goes to charitable grants and a relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: 21
  • Cost Efficiency: 0
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 100

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 20.7%; rating input score 21; 3rd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 0.1%; rating input score 0; 6th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Fail
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 14,059.17; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 20.7% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 100th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Grant Deployment: Grant deployment ratio scored 21/100.
  • High — Cost Efficiency: Grant expense ratio scored 0/100.
  • Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.