Civic Intelligence

Lake County Fair Association

990 • Fiscal year 2012 • EIN 36-6089769

Nov 01, 2011 to Oct 31, 2012 • Filed on Apr 29, 2013

1060 E Peterson Rd60030
Siviq Scores

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

Liabilities / Assets

38th percentile

0.20x

Higher debt load relative to assets than 38% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

23rd percentile

-3.0%

Faster asset growth than 23% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$33,998,382

Down $1,056,658 (-3.0%) from 2011

Net Assets

Down

$27,350,455

Down $1,140,416 (-4.0%) from 2011

Liabilities

Up

$6,647,927

Up $83,758 (+1.3%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,285,941

Up $1,094,121 (+92%) from 2011

Net Income

-

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.

$40M$30M$20M$10M$0Assets 2011: $35,055,040Liabilities 2011: $6,564,169Net Assets 2011: $28,490,8712011Assets 2012: $33,998,382Liabilities 2012: $6,647,927Net Assets 2012: $27,350,4552012Assets 2014: $33,171,343Liabilities 2014: $6,590,536Net Assets 2014: $26,580,8072014Assets 2015: $33,155,742Liabilities 2015: $6,558,219Net Assets 2015: $26,597,5232015Assets 2016: $31,028,861Liabilities 2016: $5,396,834Net Assets 2016: $25,632,0272016Assets 2017: $28,650,051Liabilities 2017: $4,241,893Net Assets 2017: $24,408,1582017Assets 2018: $28,822,278Liabilities 2018: $4,737,603Net Assets 2018: $24,084,6752018Assets 2019: $28,384,945Liabilities 2019: $4,664,201Net Assets 2019: $23,720,7442019Assets 2020: $27,959,128Liabilities 2020: $4,819,931Net Assets 2020: $23,139,1972020Assets 2021: $27,796,345Liabilities 2021: $5,026,453Net Assets 2021: $22,769,8922021Assets 2022: $27,759,507Liabilities 2022: $4,963,620Net Assets 2022: $22,795,8872022Assets 2023: $27,217,326Liabilities 2023: $4,891,491Net Assets 2023: $22,325,8352023Assets 2024: $26,663,746Liabilities 2024: $4,688,936Net Assets 2024: $21,974,8102024

Highlighted filing

2012

Assets$33,998,382
Liabilities$6,647,927
Net Assets$27,350,455

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,191,8202011Expenses 2012: $2,285,9412012Revenue 2014: $1,843,799Expenses 2014: $2,151,110Net Income 2014: -$307,3112014Revenue 2015: $2,245,808Expenses 2015: $2,229,092Net Income 2015: $16,7162015Revenue 2016: $1,119,702Expenses 2016: $2,085,198Net Income 2016: -$965,4962016Revenue 2017: $1,058,061Expenses 2017: $2,281,930Net Income 2017: -$1,223,8692017Revenue 2018: $1,965,903Expenses 2018: $2,289,386Net Income 2018: -$323,4832018Revenue 2019: $2,092,977Expenses 2019: $2,456,908Net Income 2019: -$363,9312019Revenue 2020: $814,753Expenses 2020: $1,396,300Net Income 2020: -$581,5472020Revenue 2021: $1,095,277Expenses 2021: $1,464,582Net Income 2021: -$369,3052021Revenue 2022: $2,653,317Expenses 2022: $2,627,322Net Income 2022: $25,9952022Revenue 2023: $2,611,549Expenses 2023: $3,081,601Net Income 2023: -$470,0522023Revenue 2024: $2,816,140Expenses 2024: $3,167,165Net Income 2024: -$351,0252024

Highlighted filing

2012

Revenue-
Expenses$2,285,941
Net Income-
Jump To
Filing Snapshot
Filing Period
Nov 1, 2011 to Oct 31, 2012
Signed
Apr 29, 2013
Return Version
2011v1.2
Gross Receipts
$1,793,258
Mission and Program Overview

Mission

The lake county fair association shall be for the preservation of the past, promotion of the future, and education on the future of agriculture and horticulture, mechanical arts, and the rural and domestic economies of the lake couny community.

Filing and Contact Details

Filer

EIN
36-6089769
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IRS990ScheduleO/GeneralExplanation/Explanation0THE GOVERNING BODY WILL REVIEW THE 990 BEFORE PRESENTATION TO THE STATE AND FEDEARL AGENCIES
IRS990ScheduleO/GeneralExplanation/Explanation1THE CONFLICT OF INTERST POLICY DENIES THE OPPORTUNITY OF BOARD MEMBERS OR OFFICERS FROM SERVING AS VENDORS TO THE FAIR
IRS990ScheduleO/GeneralExplanation/Explanation2COMPENSATION FOR THE TOP MANAGEMENT IS DETERMINED BY A REVIEW BY THE BOARD OF DIRECTORS AND DETERMINED AFTER COMPARISON ANALYSIS OF SIMILAR POSITIONS AT OTHER ORGANIZATIONS
IRS990ScheduleO/GeneralExplanation/Explanation3THERE IS NO COMPENSATION FOR OFFICERS THE ONLY KEY EMPLOYEE FOR MANAGEMENT IS THE GENERAL MANAGER
IRS990ScheduleO/GeneralExplanation/Explanation4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST CURRENTLY THE ASSOCIATION IS CONSIDERING UPLOADING THEM ON THEIR WEBSITE
IRS990ScheduleO/GeneralExplanation/Explanation5THE NEW AUDITOR DISCOVERED INCORRECT CALCULATS OF DEPRECIATION IN YEARS PREDEEDING OCTOBER 2012 AS A RESULT AN ADJUSTMENT OF 647733 WAS MADE TO THE NET FIXED ASSETS THE OFFSET WAS BOOKED TO EQUITY THANK YOU
IRS990ScheduleO/GeneralExplanation/Identifier001. Form 990 governing body review (Part VI, line 11)
IRS990ScheduleO/GeneralExplanation/Identifier102. Conflict of interest policy compliance (Part VI, line 12c)
IRS990ScheduleO/GeneralExplanation/Identifier203. CEO, executive director, top management comp (Part VI, line 15a)
IRS990ScheduleO/GeneralExplanation/Identifier304. Other officer or key employee compensation (Part VI, line 15b
IRS990ScheduleO/GeneralExplanation/Identifier405. Governing documents, etc, available to public (Part VI, line 19)
IRS990ScheduleO/GeneralExplanation/Identifier506. Explanation of other changes in net assets or fund balances (Part XI, line 5)
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.7$4.69$22.0$2.82$3.17$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$4.89$22.3$2.61$3.08$0.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$4.96$22.8$2.65$2.63$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$5.03$22.8$1.10$1.46$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$4.82$23.1$0.81$1.40$0.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$4.66$23.7$2.09$2.46$0.36
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$4.74$24.1$1.97$2.29$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$4.24$24.4$1.06$2.28$1.22
2016Detailed filing. Detailed filing data is available for this year.$31.0$5.40$25.6$1.12$2.09$0.97
2015Detailed filing. Detailed filing data is available for this year.$33.2$6.56$26.6$2.25$2.23$0.02
2014Detailed filing. Detailed filing data is available for this year.$33.2$6.59$26.6$1.84$2.15$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.0$6.65$27.4$2.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.1$6.56$28.5$1.19
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • $25M-$50M nonprofits