Civic Intelligence

Sangamon County Fair and Agriculture Association

990 • Fiscal year 2020 • EIN 37-0805584

Dec 01, 2019 to Nov 30, 2020 • Filed on Feb 17, 2021

PO Box 147 317 West BirchNew Berlin, IL 62670

(217) 488-2685

Siviq Scores

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

Liabilities / Assets

91st percentile

0.68x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

0.72x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

72nd percentile

23%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$15,600

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-21%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-65%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$219,951

Down $57,364 (-21%) from 2019

Net Assets

Up

$71,356

Up $47,136 (+195%) from 2019

Liabilities

Down

$148,595

Down $104,500 (-41%) from 2019

Revenue

Down

$207,315

Down $381,137 (-65%) from 2019

Expenses

Down

$160,179

Down $531,699 (-77%) from 2019

Net Income

Up

$47,136

Up $150,562 (+146%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $370,934Liabilities 2016: $121,178Net Assets 2016: $249,7562016Assets 2017: $318,758Liabilities 2017: $120,818Net Assets 2017: $197,9402017Assets 2018: $298,396Liabilities 2018: $170,750Net Assets 2018: $127,6462018Assets 2019: $277,315Liabilities 2019: $253,095Net Assets 2019: $24,2202019Assets 2020: $219,951Liabilities 2020: $148,595Net Assets 2020: $71,3562020Assets 2021: $254,670Liabilities 2021: $7,805Net Assets 2021: $246,8652021Assets 2022: $235,615Liabilities 2022: $75,572Net Assets 2022: $160,0432022Assets 2023: $223,451Liabilities 2023: $49,429Net Assets 2023: $174,0222023Assets 2024: $227,781Liabilities 2024: $469Net Assets 2024: $227,3122024Assets 2025: $179,356Liabilities 2025: $25,664Net Assets 2025: $153,6922025

Highlighted filing

2020

Assets$219,951
Liabilities$148,595
Net Assets$71,356

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $576,546Expenses 2016: $716,125Net Income 2016: -$139,5792016Revenue 2017: $538,931Expenses 2017: $590,747Net Income 2017: -$51,8162017Revenue 2018: $489,236Expenses 2018: $559,530Net Income 2018: -$70,2942018Revenue 2019: $588,452Expenses 2019: $691,878Net Income 2019: -$103,4262019Revenue 2020: $207,315Expenses 2020: $160,179Net Income 2020: $47,1362020Revenue 2021: $834,381Expenses 2021: $658,872Net Income 2021: $175,5092021Revenue 2022: $618,277Expenses 2022: $705,099Net Income 2022: -$86,8222022Revenue 2023: $597,703Expenses 2023: $583,724Net Income 2023: $13,9792023Revenue 2024: $666,239Expenses 2024: $612,949Net Income 2024: $53,2902024Revenue 2025: $503,272Expenses 2025: $576,892Net Income 2025: -$73,6202025

Highlighted filing

2020

Revenue$207,315
Expenses$160,179
Net Income$47,136
Jump To
Filing Snapshot
Filing Period
Dec 1, 2019 to Nov 30, 2020
Signed
Feb 17, 2021
Return Version
2019v5.2
Gross Receipts
$333,202
Mission and Program Overview

Mission

To carry on activities of an agricultural, cultural, educational and scientific nature tending to foster, encourage and promote improvement in soil, crops, livestock, poultry and education. This is accomplished by holding annual fairs and other activities of an agricultural and horticultural nature.

To carry on activities of an agricultural, educational and scientific nature tending to foster, encourage and promote improvement in soil, crops, livestock, poultry and education. This is accomplished by holding annual fairs and other activities of an agricultural and horticultural nature.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$261,009$132,263▼ $128,746
Cash and Non-Interest-Bearing Accounts$16,306$87,688▲ $71,382
Total Assets$277,315$219,951▼ $57,364
Liabilities
Mortgage Notes Payable Secured by Investment Property$243,100$143,155▼ $99,945
Other Liabilities$9,995$5,440▼ $4,555
Total Liabilities$253,095$148,595▼ $104,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,220$71,356▲ $47,136
Total Net Assets Fund Balance$24,220$71,356▲ $47,136
Total Liabilities and Net Assets / Fund Balance$277,315$219,951▼ $57,364

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$100,758$628,132$728,890
Equipment$1,712$462,505$464,217
Land$29,793-$29,793
Other Land Buildings$0$9,617$9,617
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dill RondaDirector$15,600$15,600

Board Members and Trustees

NameTitle
Smith NathanPresident
Sander BeckyVice President
Belcher NathanDirector
Blankenship NancyDirector
Bossert MaureenDirector
Boston TonyDirector
Cummings DarrinDirector
Edwards ShariDirector
Ingram KerryDirector
Kemp GarrettDirector
King JustinDirector
King KatieDirector
Komnick JasonDirector
Krone EthanDirector
Ladage BenDirector
Marr MartinDirector
Morrison David LDirector
Morrison MacyDirector
Rahe JosephDirector
Vanhoos JeffDirector
Kloppe TrennaSecretary
Neuman KrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$103,721
Program Service Revenue
$32,693
Investment Income
$7,527
Other Revenue
$63,374
All Other Contributions
$53,284
Change in Net Assets
$47,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,900
Salaries, Compensation, and Employee Benefits$33,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,668$16,611-$33,279
Insurance$31,508--$31,508
Depreciation Depletion$13,506--$13,506
All Other Expenses$1,339$8,414-$9,753
Interest-$7,931-$7,931
Fees for Services Accounting-$7,500-$7,500
Advertising$6,657--$6,657
Office Expenses-$4,522-$4,522
Other Expenses$4,433--$4,433
Total Functional Expenses$115,201$44,978$0$160,179
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,208
Fundraising Direct Expenses$3,088
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Brandon KempRelative of Board MemberWages Paid During 2019No$1,346
Jordan BossertRelative of Board MemberWages Paid During 2019No$160
Amber KloppeRelative of Board MemberWages Paid During 2019No$80
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Queen of Hearts Withholdings$3,106
Accrued Interest$2,334
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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 A, Line 2

Katie king and justin king are brother and sister david morrison is macy morrison's father-in-law

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

The 990 is presented during a monthly board meeting and held for comment through the next monthly meeting.

Form 990, Part VI, Section C, Line 19

The fair makes these documents available upon request.

Filing and Contact Details

Filer

Filer Name
Sangamon County Fair &
EIN
37-0805584
Phone
2174882685
Address
PO BOX 147 317 WEST BIRCH, NEW BERLIN, IL 62670

Signing Officer

Name
Nathan Smith
Title
President
Phone
2179715562
Signed
2021-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Smith
Formed
1949
Legal Domicile
Il
Voting Board Members
23
Independent Board Members
23
Employees
17
Volunteers
0

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
3200 ROBBINS ROAD STE 200A, SPRINGFIELD, IL 62704
Preparer
Kathleen O Ward
Phone
2177890960
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The fair scheduled to be held during the year was cancelled due to the covid 19 pandemic.

Form 990, Part IX, Line 24E

Telephone: program service expenses 0. Management and general expenses 2,852. Fundraising expenses 0. Total expenses 2,852. Miscellaneous: program service expenses 0. Management and general expenses 2,625. Fundraising expenses 0. Total expenses 2,625. Fair supplies: program service expenses 1,339. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,339. Postage and printing: program service expenses 0. Management and general expenses 1,188. Fundraising expenses 0. Total expenses 1,188. Taxes, licenses and fees: program service expenses 0. Management and general expenses 1,064. Fundraising expenses 0. Total expenses 1,064. Dues: program service expenses 0. Management and general expenses 685. Fundraising expenses 0. Total expenses 685.

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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
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