Windsor Fair Attn Jeffrey Tracy Treasurer
Nonprofit profile at a glance
- EIN
- 010223898
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Readfield, ME, USA
- Phone
- 2073776247
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,040,393
- Expenses
- $2,035,889
- Assets
- $1,542,756
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- DANIEL FOSTER (PRESIDENT)
- RICK CUMMINGS (2ND VICE PRESIDENT)
- THOMAS FOSTER (PRESIDENT)
- WILLIAM MCFARLAND (1ST VICE PRESIDENT)
Highest reported compensation
- JEFFREY TRACY (TREASURER): $12,375 total reported compensation
- DANIEL FOSTER (PRESIDENT): $3,850 total reported compensation
- THOMAS FOSTER (PRESIDENT): $2,475 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To sponsor an agricultural fair
What it reported doing in 2024
Agricultural fair-program to provide exhibits and attractions in support of an agricultural fair
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 58
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.1%; rating input score 95
- Program expense ratio: 95.4%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 13th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.2%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 95.1% of revenue deployed · 95.4% of spending went to programs
- Governance: 15 of 20 board members independent · 3 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $1.9M in reported program spending
- Leadership: top reported pay $12K · 20 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.