Civic Intelligence

Ohio County & Independent Richwood Fair

EIN 31-6083531 • 501(c)3 • Richwood, OH

Profile

To operate an independent fair for the benefit of people in union and surrounding counties

PO Box 71Richwood, OH 43344

frontier.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

83rd percentile

36%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Up

$378,967

Up $173,296 (+84%) from 2020

Liabilities

Down

$0

Down $35,073 (-100%) from 2020

Net Assets

Up

$378,967

Up $208,369 (+122%) from 2020

Revenue

Up

$467,369

Up $172,484 (+58%) from 2020

Expenses

Up

$344,110

Up $134,027 (+64%) from 2020

Net Income

Up

$123,259

Up $38,457 (+45%) from 2020

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2012: $14,103Liabilities 2012: $32,000Net Assets 2012: -$17,8972012Assets 2013: $13,882Liabilities 2013: $20,000Net Assets 2013: -$6,1182013Assets 2014: $10,789Liabilities 2014: $0Net Assets 2014: $10,7892014Assets 2015: $119,523Liabilities 2015: $79,554Net Assets 2015: $39,9692015Assets 2016: $112,730Liabilities 2016: $75,209Net Assets 2016: $37,5212016Assets 2018: $141,474Liabilities 2018: $54,551Net Assets 2018: $86,9232018Assets 2019: $123,920Liabilities 2019: $43,606Net Assets 2019: $80,3142019Assets 2020: $205,671Liabilities 2020: $35,073Net Assets 2020: $170,5982020Assets 2022: $378,967Liabilities 2022: $0Net Assets 2022: $378,9672022

Highlighted filing

2022

Assets$378,967
Liabilities$0
Net Assets$378,967

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $282,9312012Expenses 2013: $252,6522013Revenue 2014: $275,950Expenses 2014: $259,043Net Income 2014: $16,9072014Revenue 2015: $315,678Expenses 2015: $286,697Net Income 2015: $28,9812015Revenue 2016: $325,566Expenses 2016: $311,655Net Income 2016: $13,9112016Revenue 2018: $342,914Expenses 2018: $327,317Net Income 2018: $15,5972018Revenue 2019: $360,218Expenses 2019: $366,827Net Income 2019: -$6,6092019Revenue 2020: $294,885Expenses 2020: $210,083Net Income 2020: $84,8022020Revenue 2022: $467,369Expenses 2022: $344,110Net Income 2022: $123,2592022

Highlighted filing

2022

Revenue$467,369
Expenses$344,110
Net Income$123,259

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Dec 1, 2018 to Nov 30, 2019
Signed
Mar 10, 2020
Return Version
2018v3.2
Gross Receipts
$360,218
Mission and Program Overview

Mission

To operate an independent fair for the benefit of people in union and surrounding counties

The society is organized exclusively for charitable, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations described under section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code. The society may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates. The society is not organized or operated for the benefit of any private interests, and no part of a section 501(c)(3) organization's net earnings may inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons. The society's principal purpose is to promote and encourage agriculture, industry, science, art, and other interest of union county which the board deems to proper and in the best interest of the community. Upon the dissolution of the co

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$94,000$90,173▼ $3,827
Rtn Earn Endowment Incm Other Fnds$86,923$80,314▼ $6,609
Cash and Non-Interest-Bearing Accounts$47,464$33,737▼ $13,727
Savings and Temporary Cash Investments$10$10→ $0
Total Assets$141,474$123,920▼ $17,554
Liabilities
Mortgage Notes Payable Secured by Investment Property$54,551$43,606▼ $10,945
Total Liabilities$54,551$43,606▼ $10,945
Net Assets / Fund Balance
Total Net Assets Fund Balance$86,923$80,314▼ $6,609
Total Liabilities and Net Assets / Fund Balance$141,474$123,920▼ $17,554

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$81,758$10,118$91,876
Other Land Buildings$8,415$6,885$15,300
Compensation and Service Providers

Board Members and Trustees

NameTitle
Geof PhippsPresident
Ben NaumanDirector
Brad PlotnerDirector
Cody JohnstonDirector
Cole BarryDirector
Deb LewisDirector
Jennifer JonesDirector
Jon PersingerDirector
Keith ScowdenDirector
Luke BrillDirector
Randy WileyDirector
Robert NaumanDirector
Robert OberdierDirector
Ryan BuggDirector
Scott McnameeDirector
Talyn ScowdenDirector
Lynne LedleySecretary
Todd HamiltonTreasurer
Ryan PlotnerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$22,415
Program Service Revenue
$293,929
Investment Income
$0
Other Revenue
$43,874
All Other Contributions
$14,300
Change in Net Assets
$-6,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$366,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$72,772--$72,772
Fees for Services Other$31,940$1,038-$32,978
Other Expenses$23,584--$23,584
Insurance$20,907--$20,907
Occupancy$20,372--$20,372
Advertising$9,451--$9,451
Fees for Services Management$4,000--$4,000
Depreciation Depletion$3,827--$3,827
Fees for Services Accounting$2,197--$2,197
Interest$2,088--$2,088
Office Expenses$1,713--$1,713
Total Functional Expenses$365,789$1,038$0$366,827
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Brad plotner ryan plotner director vice preside brother keith scowden talyn scowden director spouse scott mcnamee jennifer jones director director father & daughter

Form 990, Page 6, Part VI, Line 6

Membership is available to anyone paying the 1 membership fee, and gives them the right to elect the governing body.

Form 990, Page 6, Part VI, Line 11B

The 990 is distributed to all of the governing body at a regular meeting and reviewed prior to being filed.

Form 990, Page 6, Part VI, Line 18

Information is provided at the organizations office during regular business hours to anyone requesting access to review any public documents.

Form 990, Page 6, Part VI, Line 19

Information is provided at the organizations office during regular business hours to anyone requesting access to review any public documents.

Filing and Contact Details

Filer

Filer Name
The Richwood Independent
EIN
31-6083531
Phone
7409432200
Address
PO BOX 71, RICHWOOD, OH 43344
Doing Business As
Richwood Independent Fair

Signing Officer

Name
Todd Hamilton
Title
Treasurer
Phone
7409432200
Signed
2020-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geof Phipps
Formed
1892
Legal Domicile
Oh
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
40

Preparer

Firm
Wagler Badenhop Inc
Address
15 N FRANKLIN ST, RICHWOOD, OH 43344
Preparer
Eli a Wagler
Phone
7409438002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The society is organized exclusively for charitable, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations described under section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code. The society may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates. The society is not organized or operated for the benefit of any private interests, and no part of a section 501(c)(3) organization's net earnings may inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons. The society's principal purpose is to promote and encourage agriculture, industry, science, art, and other interest of union county which the board deems to proper and in the best interest of the community. Upon the dissolution of the corporation, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not so disposed of shall be disposed of by a court of competent jurisdiction of the county in which the principal office of the corporation is then located, exclusively for such purposes or to such organization or organizations, as said court shall determine, which are organized and operated exclusively for such purposes.

Form 990, Part IX, Line 24E

Equipment lease 14,608 0 0 misc fair expenses 11,930 0 0 rides 11,239 0 0 junior fair 9,254 0 0 electrician contract 6,000 0 0 repairs & maintenance 5,066 0 0 refunds 3,660 0 0 security 3,510 0 0 misc expense 3,500 0 0 real estate taxes 2,325 0 0 senior fair 1,280 0 0 veterinary services 400 0 0 total 72,772 0 0

Raw XML AppendixShowing 400 of 474 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.

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IRS990/MissionDesc0THE SOCIETY IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. THE SOCIETY MAY NOT ATTEMPT TO INFLUENCE LEGISLATION AS A SUBSTANTIAL PART OF ITS ACTIVITIES AND IT MAY NOT PARTICIPATE IN ANY CAMPAIGN ACTIVITY FOR OR AGAINST POLITICAL CANDIDATES. THE SOCIETY IS NOT ORGANIZED OR OPERATED FOR THE BENEFIT OF ANY PRIVATE INTERESTS, AND NO PART OF A SECTION 501(C)(3) ORGANIZATION'S NET EARNINGS MAY INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ITS MEMBERS, TRUSTEES, OFFICERS, OR OTHER PRIVATE PERSONS. THE SOCIETY'S PRINCIPAL PURPOSE IS TO PROMOTE AND ENCOURAGE AGRICULTURE, INDUSTRY, SCIENCE, ART, AND OTHER INTEREST OF UNION COUNTY WHICH THE BOARD DEEMS TO PROPER AND IN THE BEST INTEREST OF THE COMMUNITY. UPON THE DISSOLUTION OF THE CO
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IRS990/ProgramServiceRevenueGrp/Desc3RESTRICTED SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc4PRIVILEGE & ENTRY FEES
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt010
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 654,746
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058120
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0188222
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0191694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0963788
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0139247
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOCIETY IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. THE SOCIETY MAY NOT ATTEMPT TO INFLUENCE LEGISLATION AS A SUBSTANTIAL PART OF ITS ACTIVITIES AND IT MAY NOT PARTICIPATE IN ANY CAMPAIGN ACTIVITY FOR OR AGAINST POLITICAL CANDIDATES. THE SOCIETY IS NOT ORGANIZED OR OPERATED FOR THE BENEFIT OF ANY PRIVATE INTERESTS, AND NO PART OF A SECTION 501(C)(3) ORGANIZATION'S NET EARNINGS MAY INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ITS MEMBERS, TRUSTEES, OFFICERS, OR OTHER PRIVATE PERSONS. THE SOCIETY'S PRINCIPAL PURPOSE IS TO PROMOTE AND ENCOURAGE AGRICULTURE, INDUSTRY, SCIENCE, ART, AND OTHER INTEREST OF UNION COUNTY WHICH THE BOARD DEEMS TO PROPER AND IN THE BEST INTEREST OF THE COMMUNITY. UPON THE DISSOLUTION OF THE CORPORATION, ASSETS SHALL BE DISTRIBUTED FOR ONE OR MORE EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, OR SHALL BE DISTRIBUTED TO THE FEDERAL GOVERNMENT, OR TO A STATE OR LOCAL GOVERNMENT, FOR A PUBLIC PURPOSE. ANY SUCH ASSETS NOT SO DISPOSED OF SHALL BE DISPOSED OF BY A COURT OF COMPETENT JURISDICTION OF THE COUNTY IN WHICH THE PRINCIPAL OFFICE OF THE CORPORATION IS THEN LOCATED, EXCLUSIVELY FOR SUCH PURPOSES OR TO SUCH ORGANIZATION OR ORGANIZATIONS, AS SAID COURT SHALL DETERMINE, WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR SUCH PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BRAD PLOTNER RYAN PLOTNER DIRECTOR VICE PRESIDE BROTHER KEITH SCOWDEN TALYN SCOWDEN DIRECTOR SPOUSE SCOTT MCNAMEE JENNIFER JONES DIRECTOR DIRECTOR FATHER & DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP IS AVAILABLE TO ANYONE PAYING THE 1 MEMBERSHIP FEE, AND GIVES THEM THE RIGHT TO ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS DISTRIBUTED TO ALL OF THE GOVERNING BODY AT A REGULAR MEETING AND REVIEWED PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INFORMATION IS PROVIDED AT THE ORGANIZATIONS OFFICE DURING REGULAR BUSINESS HOURS TO ANYONE REQUESTING ACCESS TO REVIEW ANY PUBLIC DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INFORMATION IS PROVIDED AT THE ORGANIZATIONS OFFICE DURING REGULAR BUSINESS HOURS TO ANYONE REQUESTING ACCESS TO REVIEW ANY PUBLIC DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EQUIPMENT LEASE 14,608 0 0 MISC FAIR EXPENSES 11,930 0 0 RIDES 11,239 0 0 JUNIOR FAIR 9,254 0 0 ELECTRICIAN CONTRACT 6,000 0 0 REPAIRS & MAINTENANCE 5,066 0 0 REFUNDS 3,660 0 0 SECURITY 3,510 0 0 MISC EXPENSE 3,500 0 0 REAL ESTATE TAXES 2,325 0 0 SENIOR FAIR 1,280 0 0 VETERINARY SERVICES 400 0 0 TOTAL 72,772 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/TaxExemptBondsInd0false

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