Civic Intelligence

Cobleskill Agricultural Society

EIN 14-1346304 • 501(c)5 • Cobleskill, NY

Profile

Operation of annual agricultural fair

PO Box 249Cobleskill, NY 12043

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.40x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

0.39x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2023

Net Margin

24th percentile

-4.0%

Higher net margin than 24% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

1.2%

Faster asset growth than 40% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

2.8%

Faster revenue growth than 43% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,055,745

Up $105,499 (+11%) from 2023

Liabilities

Up

$507,529

Up $122,883 (+32%) from 2023

Net Assets

Down

$548,216

Down $17,384 (-3.1%) from 2023

Revenue

Up

$984,025

Up $1,770 (+0.2%) from 2023

Expenses

Down

$1,001,409

Down $20,354 (-2.0%) from 2023

Net Income

Up

-$17,384

Up $22,124 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $944,203Liabilities 2011: $379,950Net Assets 2011: $564,2532011Assets 2012: $898,367Liabilities 2012: $467,254Net Assets 2012: $431,1132012Assets 2013: $851,927Liabilities 2013: $488,585Net Assets 2013: $363,3422013Assets 2014: $820,552Liabilities 2014: $446,707Net Assets 2014: $373,8452014Assets 2015: $819,867Liabilities 2015: $434,751Net Assets 2015: $385,1162015Assets 2016: $784,789Liabilities 2016: $421,265Net Assets 2016: $363,5242016Assets 2017: $847,988Liabilities 2017: $510,459Net Assets 2017: $337,5292017Assets 2018: $875,368Liabilities 2018: $445,631Net Assets 2018: $429,7372018Assets 2019: $863,958Liabilities 2019: $426,987Net Assets 2019: $436,9712019Assets 2020: $891,176Liabilities 2020: $466,577Net Assets 2020: $424,5992020Assets 2021: $904,196Liabilities 2021: $365,406Net Assets 2021: $538,7902021Assets 2022: $938,679Liabilities 2022: $344,944Net Assets 2022: $593,7352022Assets 2023: $950,246Liabilities 2023: $384,646Net Assets 2023: $565,6002023Assets 2024: $1,055,745Liabilities 2024: $507,529Net Assets 2024: $548,2162024

Highlighted filing

2024

Assets$1,055,745
Liabilities$507,529
Net Assets$548,216

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $712,069Expenses 2011: $774,233Net Income 2011: -$62,1642011Expenses 2012: $766,0932012Expenses 2013: $669,3702013Revenue 2014: $688,991Expenses 2014: $678,488Net Income 2014: $10,5032014Revenue 2015: $664,567Expenses 2015: $653,296Net Income 2015: $11,2712015Revenue 2016: $702,879Expenses 2016: $724,471Net Income 2016: -$21,5922016Revenue 2017: $700,369Expenses 2017: $726,364Net Income 2017: -$25,9952017Revenue 2018: $805,251Expenses 2018: $713,043Net Income 2018: $92,2082018Revenue 2019: $709,947Expenses 2019: $702,713Net Income 2019: $7,2342019Revenue 2020: $103,043Expenses 2020: $115,415Net Income 2020: -$12,3722020Revenue 2021: $829,921Expenses 2021: $715,729Net Income 2021: $114,1922021Revenue 2022: $955,201Expenses 2022: $900,256Net Income 2022: $54,9452022Revenue 2023: $982,255Expenses 2023: $1,021,763Net Income 2023: -$39,5082023Revenue 2024: $984,025Expenses 2024: $1,001,409Net Income 2024: -$17,3842024

Highlighted filing

2024

Revenue$984,025
Expenses$1,001,409
Net Income-$17,384

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.51$0.55$0.98$1.00$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.38$0.57$0.98$1.02$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.34$0.59$0.96$0.90$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.37$0.54$0.83$0.72$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.47$0.42$0.10$0.12$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.43$0.44$0.71$0.70$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.45$0.43$0.81$0.71$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.51$0.34$0.70$0.73$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.42$0.36$0.70$0.72$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.43$0.39$0.66$0.65$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.45$0.37$0.69$0.68$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.49$0.36$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.47$0.43$0.77
2011Summary only. Only limited summary data is available for this year.$0.94$0.38$0.56$0.71$0.77$0.06
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Dec 1, 2021 to Nov 30, 2022
Signed
Apr 10, 2023
Return Version
2021v4.2
Gross Receipts
$955,201
Mission and Program Overview

Mission

Operation of annual agricultural fair

Operation of an annual agricultural fair

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$780,194$766,692▼ $13,502
Cash and Non-Interest-Bearing Accounts$90,252$146,582▲ $56,330
Accounts Receivable$30,067$14,539▼ $15,528
Investments in Publicly Traded Securities-$10,000-
Prepaid Expenses and Deferred Charges$3,683$866▼ $2,817
Investments Other Securities-$0-
Total Assets$904,196$938,679▲ $34,483
Liabilities
Mortgage Notes Payable Secured by Investment Property$346,267$333,456▼ $12,811
Accounts Payable and Accrued Expenses$8,559$5,933▼ $2,626
Deferred Revenue$10,580$5,555▼ $5,025
Total Liabilities$365,406$344,944▼ $20,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$538,790$593,735▲ $54,945
Total Net Assets Fund Balance$538,790$593,735▲ $54,945
Total Liabilities and Net Assets / Fund Balance$904,196$938,679▲ $34,483

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$610,530$677,707$1,288,237
Equipment$31,162$952,152$983,314
Land$125,000-$125,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Douglas a CaterPresident
Dale M AllVice President
Bruce R WrightDirector
Ed Bradt IiiDirector
Jim CollinsDirector
John LeavittDirector
Lois E GobletDirector
Nick MooreDirector
Tim PurcellDirector
Clarissa KniskernSecretary
Brendon BeckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,930
Program Service Revenue
$886,179
Investment Income
$92
Other Revenue
$0
All Other Contributions
$68,930
Change in Net Assets
$54,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$730,104
Salaries, Compensation, and Employee Benefits$170,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,367$17,641-$147,008
Occupancy$128,226--$128,226
Depreciation Depletion$39,192--$39,192
Advertising$24,401--$24,401
Payroll Taxes$19,716$3,428-$23,144
Interest-$16,960-$16,960
Insurance$11,397$4,025-$15,422
Office Expenses-$11,155-$11,155
Fees for Services Accounting-$7,544-$7,544
All Other Expenses-$2,772-$2,772
Other Expenses$2,730$189-$2,730
Total Functional Expenses$831,756$68,500$0$900,256
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board reviews a full copy of the 990 prior to filing

Form 990, Part VI, Section C, Line 19

Copies of the governing documents, tax returns and financial statements are available upon request

Filing and Contact Details

Filer

Filer Name
Cobleskill Agricultural Society
EIN
14-1346304
Phone
5182342123
Address
PO BOX 249, COBLESKILL, NY 12043

Signing Officer

Name
Douglas a Cater
Title
President
Phone
5182342123
Signed
2023-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas a Cater
Formed
1882
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
103
Volunteers
0

Preparer

Firm
Lutz Selig & Zeronda Cpas Llp
Address
33 CENTURY HILL DRIVE, LATHAM, NY 12110-2113
Preparer
Mary E Mackrell CPA
Phone
5187837200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Cobleskill ag society has evaluated any uncertain tax positions and related income tax contingencies and determined uncertain positions, if any, are not material to the financial statements. Penalties and interest assessed by income taxing authorities are included in operating expenses, if incurred. The organization is no longer subject to examination by federal and state taxing authorities for years prior to fiscal year ending november 30, 2019.

Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/BusinessCd1110000
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL OF GROUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0727895
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152615
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0727895
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152615
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt062785
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt040
IRS990/PYOtherExpensesAmt0609813
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0767096
IRS990/PYRevenuesLessExpensesAmt0114192
IRS990/PYSalariesCompEmpBnftPaidAmt0105916
IRS990/PYTotalExpensesAmt0715729
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0829921
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt054945
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0880512
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0610530
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0677707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01288237
IRS990ScheduleD/EquipmentGrp/BookValueAmt031162
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0952152
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0983314
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0125000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0125000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COBLESKILL AG SOCIETY HAS EVALUATED ANY UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DETERMINED UNCERTAIN POSITIONS, IF ANY, ARE NOT MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES, IF INCURRED. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES FOR YEARS PRIOR TO FISCAL YEAR ENDING NOVEMBER 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0766692
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS A FULL COPY OF THE 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF THE GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0904196
IRS990/TotalAssetsEOYAmt0938679
IRS990/TotalAssetsGrp/BOYAmt0904196
IRS990/TotalAssetsGrp/EOYAmt0938679
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt068930
IRS990/TotalEmployeeCnt0103
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0831756
IRS990/TotalFunctionalExpensesGrp/TotalAmt0900256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0365406
IRS990/TotalLiabilitiesEOYAmt0344944
IRS990/TotalLiabilitiesGrp/BOYAmt0365406
IRS990/TotalLiabilitiesGrp/EOYAmt0344944
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0538790
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0593735
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05669
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt05669
IRS990/TotalProgramServiceExpensesAmt0831756
IRS990/TotalProgramServiceRevenueAmt0886179
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt092
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0886179
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0955201
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0904196
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0938679
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0PO BOX 249
IRS990/USAddress/CityNm0COBLESKILL
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012043
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0SUNSHINEFAIR.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUGLAS A CATER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05182342123
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COBLESKILL AGRICULTURAL SOCIETY
ReturnHeader/Filer/BusinessNameControlTxt0COBL
ReturnHeader/Filer/EIN0141346304
ReturnHeader/Filer/PhoneNum05182342123
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 249
ReturnHeader/Filer/USAddress/CityNm0COBLESKILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012043
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141745230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ SELIG & ZERONDA CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt033 CENTURY HILL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LATHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0121102113
ReturnHeader/PreparerPersonGrp/PhoneNum05187837200
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY E MACKRELL CPA
ReturnHeader/ReturnTs02023-04-11T07:12:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOUGLAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CATER
ReturnHeader/TaxPeriodBeginDt02021-12-01
ReturnHeader/TaxPeriodEndDt02022-11-30
ReturnHeader/TaxYr02021

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