Civic Intelligence

Stephenson County Fair Association

990 • Fiscal year 2016 • EIN 36-2441173

Nov 01, 2015 to Oct 31, 2016 • Filed on Jan 18, 2017

PO Box 630Freeport, IL 61032

(815) 232-8323

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.07x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Net Margin

76th percentile

15%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

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

2016 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2016

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

9.5%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$545,351

Up $88,405 (+19%) from 2015

Net Assets

Up

$505,182

Up $84,779 (+20%) from 2015

Liabilities

Up

$40,169

Up $3,626 (+9.9%) from 2015

Revenue

Up

$567,509

Up $49,261 (+9.5%) from 2015

Expenses

Down

$482,730

Down $71,159 (-13%) from 2015

Net Income

Up

$84,779

Up $120,420 (+338%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $347,352Liabilities 2010: $37,636Net Assets 2010: $309,7162010Assets 2011: $406,687Liabilities 2011: $32,122Net Assets 2011: $374,5652011Assets 2012: $401,297Liabilities 2012: $8,625Net Assets 2012: $392,6722012Assets 2013: $496,511Liabilities 2013: $25,707Net Assets 2013: $470,8042013Assets 2014: $495,633Liabilities 2014: $37,089Net Assets 2014: $458,5442014Assets 2015: $456,946Liabilities 2015: $36,543Net Assets 2015: $420,4032015Assets 2016: $545,351Liabilities 2016: $40,169Net Assets 2016: $505,1822016Assets 2017: $495,866Liabilities 2017: $44,904Net Assets 2017: $450,9622017Assets 2018: $442,187Liabilities 2018: $44,962Net Assets 2018: $397,2252018Assets 2019: $395,847Liabilities 2019: $42,872Net Assets 2019: $352,9752019Assets 2020: $392,709Liabilities 2020: $43,722Net Assets 2020: $348,9872020Assets 2021: $403,266Liabilities 2021: $60,085Net Assets 2021: $343,1812021Assets 2022: $520,270Liabilities 2022: $64,603Net Assets 2022: $455,6672022Assets 2023: $479,183Liabilities 2023: $52,254Net Assets 2023: $426,9292023Assets 2024: $543,819Liabilities 2024: $96,376Net Assets 2024: $447,4432024

Highlighted filing

2016

Assets$545,351
Liabilities$40,169
Net Assets$505,182

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $534,3152010Expenses 2011: $530,8292011Expenses 2012: $547,8762012Expenses 2013: $558,4392013Revenue 2014: $567,480Expenses 2014: $579,740Net Income 2014: -$12,2602014Revenue 2015: $518,248Expenses 2015: $553,889Net Income 2015: -$35,6412015Revenue 2016: $567,509Expenses 2016: $482,730Net Income 2016: $84,7792016Revenue 2017: $577,673Expenses 2017: $631,893Net Income 2017: -$54,2202017Revenue 2018: $523,543Expenses 2018: $577,280Net Income 2018: -$53,7372018Revenue 2019: $548,092Expenses 2019: $592,342Net Income 2019: -$44,2502019Revenue 2020: $132,114Expenses 2020: $136,102Net Income 2020: -$3,9882020Revenue 2021: $458,035Expenses 2021: $463,841Net Income 2021: -$5,8062021Revenue 2022: $732,166Expenses 2022: $619,680Net Income 2022: $112,4862022Revenue 2023: $656,581Expenses 2023: $685,319Net Income 2023: -$28,7382023Revenue 2024: $665,447Expenses 2024: $644,933Net Income 2024: $20,5142024

Highlighted filing

2016

Revenue$567,509
Expenses$482,730
Net Income$84,779
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
Jan 18, 2017
Return Version
2015v3.0
Gross Receipts
$567,663
Mission and Program Overview

Mission

Annual county fair to promote agriculture & education for youth in a safe environment.

Annual county fairto promote agriculture and education for youth in a safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$245,875$267,776▲ $21,901
Savings and Temporary Cash Investments$153,134$159,562▲ $6,428
Accounts Receivable$1,698$58,050▲ $56,352
Prepaid Expenses and Deferred Charges$27,196$29,585▲ $2,389
Cash and Non-Interest-Bearing Accounts$25,136$27,046▲ $1,910
Intangible Assets$3,907$3,332▼ $575
Total Assets$456,946$545,351▲ $88,405
Liabilities
Deferred Revenue$30,615$36,117▲ $5,502
Other Liabilities$2,328$3,477▲ $1,149
Accounts Payable and Accrued Expenses$3,600$575▼ $3,025
Total Liabilities$36,543$40,169▲ $3,626
Net Assets / Fund Balance
Unrestricted Net Assets$420,403$505,182▲ $84,779
Total Net Assets Fund Balance$420,403$505,182▲ $84,779
Total Liabilities and Net Assets / Fund Balance$456,946$545,351▲ $88,405

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$186,846$1,118,747$1,305,593
Equipment$38,400$173,205$211,605
Land$42,530-$42,530
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason HunekePresident
Gary MielkeVice President
Becky ThomasDirector
Bruce JohnsonDirector
Jacbo SnookDirector
Jeff BeckerDirector
Joshua BolenDirector
Lynn LottDirector
Monica PierceDirector
Pennie MillerDirector
Stacey EvertDirector
Susie DvorakDirector
Tiffany KingDirector
Wendell DevriesDirector
Valerie WeberSecretary
Mary JuliusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,356
Program Service Revenue
$341,361
Investment Income
$429
Other Revenue
$58,363
All Other Contributions
$44,662
Change in Net Assets
$84,779
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$403,590
Salaries, Compensation, and Employee Benefits$79,140
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$311,030--$311,030
Other Salaries and Wages$68,107--$68,107
Insurance$40,023--$40,023
Occupancy$17,206--$17,206
Advertising$13,879--$13,879
Other Expenses$12,250--$12,250
Payroll Taxes$11,033--$11,033
Office Expenses$3,589--$3,589
Fees for Services Accounting$2,424--$2,424
Travel$653--$653
Fees for Services Management$499--$499
Conferences and Meetings$36--$36
Total Functional Expenses$482,730$0$0$482,730
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$1,902
Payroll Liabilities$1,575
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

Member election for additional members Part VI line 7A

Board is made up of directors appointed from stephenson county farm bureau, freeport area chamber of commerce, stephenson county 4-h extension council, ffa, and stephenson county home/community ed. The board members vote in at-large board members and officers.

Form 990 governing body review Part VI line 11

Form 990 is reviewed by an officer before signing and all board members receive a copy before the form 990 is e-filed.

Governing documents etc available to public Part VI line 19

Conflict of interest policies and financial sttaements are available to the public when requested at the stephenson county fair office.

Filing and Contact Details

Filer

Filer Name
Stephenson County Fair Association
EIN
36-2441173
Address
PO BOX 630, FREEPORT, IL 61032

Signing Officer

Name
Jeff Becker
Title
President
Phone
8152328323
Signed
2017-01-18
Discuss with paid preparer
No

Organization Details

Formed
1946
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
41
Volunteers
90

Preparer

Firm
Saxer Accounting Services LLC
Address
303 N Van Buren Ave, Freeport, IL 61032
Preparer
Cindy Saxer
Phone
8152331422
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Other expenses listed in detail on supplemental pages.

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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0420403
IRS990/NetAssetsOrFundBalancesEOYAmt0505182
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02718
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02718
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt055645
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt055645
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt017206
IRS990/OccupancyGrp/TotalAmt017206
IRS990/OfficeExpensesGrp/ProgramServicesAmt03589
IRS990/OfficeExpensesGrp/TotalAmt03589
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CAMP SITE COMMISSIONS
IRS990/OtherExpensesGrp/Desc1CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2DUES
IRS990/OtherExpensesGrp/Desc3ELECTRICIAN SERVICE
IRS990/OtherExpensesGrp/ProgramServicesAmt0670
IRS990/OtherExpensesGrp/ProgramServicesAmt1668
IRS990/OtherExpensesGrp/ProgramServicesAmt2663
IRS990/OtherExpensesGrp/ProgramServicesAmt312250
IRS990/OtherExpensesGrp/TotalAmt0670
IRS990/OtherExpensesGrp/TotalAmt1668
IRS990/OtherExpensesGrp/TotalAmt2663
IRS990/OtherExpensesGrp/TotalAmt312250
IRS990/OtherLiabilitiesGrp/BOYAmt02328
IRS990/OtherLiabilitiesGrp/EOYAmt03477
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt068107
IRS990/OtherSalariesAndWagesGrp/TotalAmt068107
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011033
IRS990/PayrollTaxesGrp/TotalAmt011033
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027196
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029585
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0GATEGRANDSTAND ADMISSI
IRS990/ProgramServiceRevenueGrp/Desc1CONCESSION EXHIBITS CAR
IRS990/ProgramServiceRevenueGrp/Desc2JR LIVESTOCK AUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158035
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1130058
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253268
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1130058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253268
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061367
IRS990/PYInvestmentIncomeAmt0508
IRS990/PYOtherExpensesAmt0505382
IRS990/PYOtherRevenueAmt057511
IRS990/PYProgramServiceRevenueAmt0437610
IRS990/PYRevenuesLessExpensesAmt0-28050
IRS990/PYSalariesCompEmpBnftPaidAmt079664
IRS990/PYTotalExpensesAmt0585046
IRS990/PYTotalRevenueAmt0556996
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt084779
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt055645
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0567509
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0153134
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0159562
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0186846
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01118747
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01305593
IRS990ScheduleD/EquipmentGrp/BookValueAmt038400
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0173205
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0211605
IRS990ScheduleD/LandGrp/BookValueAmt042530
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt042530
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0267776
IRS990ScheduleD/TotalLiabilityAmt03477
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD IS MADE UP OF DIRECTORS APPOINTED FROM STEPHENSON COUNTY FARM BUREAU, FREEPORT AREA CHAMBER OF COMMERCE, STEPHENSON COUNTY 4-H EXTENSION COUNCIL, FFA, AND STEPHENSON COUNTY HOME/COMMUNITY ED. THE BOARD MEMBERS VOTE IN AT-LARGE BOARD MEMBERS AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY AN OFFICER BEFORE SIGNING AND ALL BOARD MEMBERS RECEIVE A COPY BEFORE THE FORM 990 IS E-FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICIES AND FINANCIAL STTAEMENTS ARE AVAILABLE TO THE PUBLIC WHEN REQUESTED AT THE STEPHENSON COUNTY FAIR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER EXPENSES LISTED IN DETAIL ON SUPPLEMENTAL PAGES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0456946
IRS990/TotalAssetsEOYAmt0545351
IRS990/TotalAssetsGrp/BOYAmt0456946
IRS990/TotalAssetsGrp/EOYAmt0545351
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0167356
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0482730
IRS990/TotalFunctionalExpensesGrp/TotalAmt0482730
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036543
IRS990/TotalLiabilitiesEOYAmt040169
IRS990/TotalLiabilitiesGrp/BOYAmt036543
IRS990/TotalLiabilitiesGrp/EOYAmt040169
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0420403
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0505182
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0482730
IRS990/TotalProgramServiceRevenueAmt0341361
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0400153
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0567509
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.44$0.96$4.47$6.65$6.45$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$0.52$4.27$6.57$6.85$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.20$0.65$4.56$7.32$6.20$1.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.03$0.60$3.43$4.58$4.64$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.93$0.44$3.49$1.32$1.36$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.43$3.53$5.48$5.92$0.44
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.45$3.97$5.24$5.77$0.54
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$0.45$4.51$5.78$6.32$0.54
2016Detailed filing. Detailed filing data is available for this year.$5.45$0.40$5.05$5.68$4.83$0.85
2015Detailed filing. Detailed filing data is available for this year.$4.57$0.37$4.20$5.18$5.54$0.36
2014Detailed filing. Detailed filing data is available for this year.$4.96$0.37$4.59$5.67$5.80$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.26$4.71$5.58
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.09$3.93$5.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$0.32$3.75$5.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.38$3.10$5.34