Passes our checks

I and I Antique Tractor and Gas Engine Club

EIN 37-1223019 · Penfield, IL

Public records show a registered, tax-exempt organization in good standing.

What it says it does

ANNUAL SHOW WITH ANTIQUE FARM EQUIPMENT PERFORMING VARIOUS FARMING ACTIVITIES. MUSEUM ON THE GROUNDS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 85 out of 100. Higher than 63% of charities in its peer group (arts and culture, $250k to $1m).

Reserves
35 of 35
Spendable reserves would cover 55.9 months of spending.
Debt
20 of 20
It owes 0% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 19% of income.
Income trend
0 of 15
Income fell 69% on the year before.
Spending floor
15 of 15
100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 64 out of 100. Higher than 37% of charities in its peer group (arts and culture, $250k to $1m).

Independent board
25 of 25
11 of 11 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
0 of 10
Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15
Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)

$29,040 spent. ANNUAL SHOW AND DISPALY OF ANTIQUE TRACTORS AND OTHER FARM EQUIPMENT USED TO PERORM VARIOUS AGRICULTURAL FUNCTIONS SUCH AS PLOWING, THRESHING AND SHELLING. BOOTHS TO DEMONSTRATE FARM LIVING TECHNIQUES IN THE LATE 19TH CENTURY AND EARLY 2OTH CENTURY WITH ANTIQUE EQUIPMENT AND HOUSEHOLD DISPLAYS IN THE MUSEUM.
BI-ANNUAL SHOW IN 2022 WITH 200 ACRES OF CORN AND BEANS WERE PLANTED AND HAVESTED BY FRAMERS FROM MILES AROUND WITH THEIR OWN OLD TRACTORS AND HARVESTING EQUIPMENT. IN ADDITION, ANTIQUE FARM EQUIPMENT AND TRUCK WERE ON DISPLAY.
ANNUAL SWAP MEET AND AUCTGION OF FARM RELATED EQUIPMENT BROUGHT TO THE EXPOSITION AND SOLD AT AUCTION TO THE EXPOSITION PARTICIPANTS. IN ADDTION, TOY COLLECTION OF FARM EQUIPMENT WERE ALSO SOLD AT AUCTION, AS WELL. THE SHOW WAS CONTINUED IN 2021 AND NO SWAP MEET OCCURED IN 2023.
$297,157 spent. TO PROMOTE THE HISTORY OF FARMING AND THE WAY OF LIFE THROUGH MUSEUM AND ACTUAL LIFE FARMING ACTIVITIES AND AN EXPOSITION OF ACTUAL ANTIQUE TRACTORS AND OTHER FARM EQUIPMENT IN THE ACTIVITY OF FARMING DURING THE SHOW.
TO PROMOTE THE HISTORY OF FARMING AND THE WAY OF LIFE THROUGH MUSEUM AND ACTUAL LIFE FARMING ACTIVITIES AND AN EXPOSITION OF ACTUAL ANTIQUE TRACTORS AND OTHER FARM EQUIPMENT IN THE ACTIVITY OF FARMING DURING THE SHOW.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.