Civic Intelligence

Ashland County Agricultural Society Inc.

990 • Fiscal year 2017 • EIN 34-0791444

Dec 01, 2016 to Nov 30, 2017 • Filed on May 22, 2018

2042 Claremont AvenueAshland, OH 44805

(419) 289-0466

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

64th percentile

9.0%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$34,513

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$1,929,587

No earlier filing loaded for comparison.

Net Assets

$1,929,587

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$934,031

No earlier filing loaded for comparison.

Expenses

$849,540

No earlier filing loaded for comparison.

Net Income

$84,491

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2017: $1,929,587Liabilities 2017: $0Net Assets 2017: $1,929,5872017Assets 2021: $2,271,956Liabilities 2021: $31,843Net Assets 2021: $2,240,1132021Assets 2022: $2,378,661Liabilities 2022: $28,042Net Assets 2022: $2,350,6192022Assets 2023: $2,443,596Liabilities 2023: $22,900Net Assets 2023: $2,420,6962023Assets 2024: $3,742,150Liabilities 2024: $10,749Net Assets 2024: $3,731,4012024

Highlighted filing

2017

Assets$1,929,587
Liabilities$0
Net Assets$1,929,587

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2017: $934,031Expenses 2017: $849,540Net Income 2017: $84,4912017Revenue 2021: $992,932Expenses 2021: $921,355Net Income 2021: $71,5772021Revenue 2022: $1,153,853Expenses 2022: $1,043,345Net Income 2022: $110,5082022Revenue 2023: $1,220,712Expenses 2023: $1,150,638Net Income 2023: $70,0742023Revenue 2024: $2,460,464Expenses 2024: $1,149,759Net Income 2024: $1,310,7052024

Highlighted filing

2017

Revenue$934,031
Expenses$849,540
Net Income$84,491
Jump To
Filing Snapshot
Filing Period
Dec 1, 2016 to Nov 30, 2017
Signed
May 22, 2018
Return Version
2016v3.1
Gross Receipts
$934,031
Mission and Program Overview

Mission

Organize and conduct the annual county fair. This is a 7 day event. The purpose of the fair is to improve the agriculture, domestic industry, and such interests of the county as the board deems proper.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,845,102$1,929,587▲ $84,485
Land, Buildings, and Equipment, Net$1,661,936$1,796,036▲ $134,100
Savings and Temporary Cash Investments$110,397$85,820▼ $24,577
Cash and Non-Interest-Bearing Accounts$74,714$46,269▼ $28,445
Prepaid Expenses and Deferred Charges-$1,462-
Total Assets$1,847,047$1,929,587▲ $82,540
Liabilities
Accounts Payable and Accrued Expenses$1,945--
Total Liabilities$1,945$0▼ $1,945
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,845,102$1,929,587▲ $84,485
Total Liabilities and Net Assets / Fund Balance$1,847,047$1,929,587▲ $82,540

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,371,819-$1,371,819
Compensation and Service Providers

Employees

NameTitleBaseTotal
Steve EngletManager$34,513$34,513
Patricia DeaneTreasurer$22,621$22,621

Board Members and Trustees

NameTitle
Allen LiferDirector
Charlene FligerDirector
Dale SmithhislerDirector
Dave SnyderDirector
Denny LukityDirector
Don KaeserDirector
Edna CoxDirector
Jacob CarpenterDirector
Jeff JacobsDirector
Jeff JonesDirector
Jim BeattieDirector
Ken WoodeDirector
Kristine LafeverDirector
Mark RafeldDirector
Mark WertzDirector
Melvin ReisingerDirector
Mike DeatonDirector
Mike ReidenbachDirector
Sherri NelsonDirector
Susan DenbowDirector
Susan StakeDirector
Terry McconnellDirector
Walt GravenDirector
Weslee FligerDirector
William DillardDirector
Dan StoneDirector/ Pa
Mitch JohnsonDirector/1st
Ben CarpenterDirector/2nd
Martin WesnerDirector/pre
Revenue and Support

Revenue Composition

Contributions and Grants
$134,730
Program Service Revenue
$796,010
Investment Income
$145
Other Revenue
$3,146
All Other Contributions
$117,150
Change in Net Assets
$84,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$656,861
Salaries, Compensation, and Employee Benefits$192,679
Total Fundraising Expense$14,129
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$321,373$1,800-$323,173
Occupancy$116,974$15,484-$132,458
Other Salaries and Wages$76,926$29,587$11,835$118,348
Current Officers, Directors, Trustees, and Key Employees$42,280$14,280$574$57,134
Depreciation Depletion$31,988--$31,988
Insurance-$27,262-$27,262
Payroll Taxes$11,178$4,299$1,720$17,197
Office Expenses$13,803$189-$13,992
Other Expenses$12,576$22,017-$12,576
Advertising$11,508--$11,508
Conferences and Meetings$5,205$5,206-$10,411
Interest-$4,759-$4,759
All Other Expenses-$3,698-$3,698
Fees for Services Legal-$3,140-$3,140
Fees for Services Accounting-$860-$860
Travel-$554-$554
Total Functional Expenses$702,276$133,135$14,129$849,540
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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

Charlene fliger weslee fliger director director parent/child donald kaeser kristine lafever director director father/daughter ben carpenter jacob carpenter director director brothers

Form 990, Page 6, Part VI, Line 6

We have 769 members whose membership entitles them to attend the 7 day fair and display entries and be judged.

Form 990, Page 6, Part VI, Line 7A

Membership entites members to vote on their representative for the board of directors

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

Forms will be presented to manager and board president for review and then presented to board of directors.

Form 990, Page 6, Part VI, Line 12C

Any dealing which might be construed as a conflict of interest are subject to board approval or 3 bids with the board awarding the contract.

Form 990, Page 6, Part VI, Line 15A

A search committee is formed to find candidates. Position is advertised as open. Committee conducts interviews resulting with the 2-3 top candidates being presented to the full board for their selection.

Form 990, Page 6, Part VI, Line 15B

Officers and key employees are brought before the executive board for performance and salary reviews. Suggestions are brought before the board for their determination.

Form 990, Page 6, Part VI, Line 19

All governing documents, including conflict of interest policies and financial statements are available to the public upon request during business hours. A minimal fee is charged for copies.

Filing and Contact Details

Filer

Filer Name
Ohio County & Independent
EIN
34-0791444
Phone
4192890466
Address
2042 CLAREMONT AVENUE, ASHLAND, OH 44805
Doing Business As
Ashland County Fair

Signing Officer

Name
Patricia Deane
Title
Treasurer
Phone
4192890466
Signed
2018-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Deane
Formed
1851
Legal Domicile
Oh
Voting Board Members
29
Independent Board Members
29
Employees
60
Volunteers
103

Preparer

Firm
Armstrong Accounting & Consulting LLC
Address
1236 CLAREMONT AVE, ASHLAND, OH 44805
Preparer
Jennifer L Clark
Phone
4192811040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Organize and conduct the annual county fair. This is a 7 day event. The purpose of the fair is to improve the agriculture, domestic industry, and such interests of the county as the board deems proper.

Form 990, Page 1, Part I, Line 6

Volunteers man the booth and gates during fair and other events.

Form 990, Part IX, Line 11G

Racing during fair 92,603 0 0 fair entertainment 127,574 0 0 open class expenses 43,488 0 0 contest expenses 29,535 0 0 jr fair expenses 22,609 0 0 other fair expenses 1,004 0 0 refunds 1,615 0 0 freight charges 1,545 0 0 architectural 0 1,800 0 veterinary 1,400 0 0 total 321,373 1,800 0

Form 990, Part XI, Line 9

ROUNDING PRIOR YEARS -6

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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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