Civic Intelligence

Ionia Free Fair Association

990 • Fiscal year 2018 • EIN 38-0680310

Oct 01, 2017 to Sep 30, 2018 • Filed on Dec 14, 2018

Organization ProfileWWW.IONIAFREEFAIR.COM
317 S Dexter StIonia, MI 48846

(616) 527-1310

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.20x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.18x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

21st percentile

-9.5%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

39th percentile

$25,231

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

67th percentile

6.8%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

20%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$1,227,237

Up $78,260 (+6.8%) from 2017

Net Assets

Up

$987,364

Up $23,422 (+2.4%) from 2017

Liabilities

Up

$239,873

Up $54,838 (+30%) from 2017

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin21st percentile

Revenue

Up

$1,312,436

Up $220,692 (+20%) from 2017

Expenses

Up

$1,437,338

Up $431,567 (+43%) from 2017

Net Income

Down

-$124,902

Down $210,875 (-245%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,130,092Liabilities 2011: $336,362Net Assets 2011: $793,7302011Assets 2012: $1,079,734Liabilities 2012: $337,812Net Assets 2012: $741,9222012Assets 2013: $1,008,716Liabilities 2013: $241,801Net Assets 2013: $766,9152013Assets 2014: $1,030,251Liabilities 2014: $188,822Net Assets 2014: $841,4292014Assets 2015: $1,054,921Liabilities 2015: $176,784Net Assets 2015: $878,1372015Assets 2016: $1,058,040Liabilities 2016: $177,857Net Assets 2016: $880,1832016Assets 2017: $1,148,977Liabilities 2017: $185,035Net Assets 2017: $963,9422017Assets 2018: $1,227,237Liabilities 2018: $239,873Net Assets 2018: $987,3642018Assets 2019: $1,228,644Liabilities 2019: $260,137Net Assets 2019: $968,5072019Assets 2020: $1,217,868Liabilities 2020: $363,404Net Assets 2020: $854,4642020Assets 2021: $1,685,596Liabilities 2021: $109,289Net Assets 2021: $1,576,3072021Assets 2022: $2,024,768Liabilities 2022: $179,188Net Assets 2022: $1,845,5802022Assets 2023: $2,263,217Liabilities 2023: $82,447Net Assets 2023: $2,180,7702023Assets 2024: $2,624,761Liabilities 2024: $88,195Net Assets 2024: $2,536,5662024Assets 2025: $3,367,007Liabilities 2025: $577,832Net Assets 2025: $2,789,1752025

Highlighted filing

2018

Assets$1,227,237
Liabilities$239,873
Net Assets$987,364
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $701,643Expenses 2011: $884,466Net Income 2011: -$182,8232011Revenue 2012: $859,127Expenses 2012: $921,398Net Income 2012: -$62,2712012Revenue 2013: $790,447Expenses 2013: $774,662Net Income 2013: $15,7852013Revenue 2014: $888,487Expenses 2014: $828,386Net Income 2014: $60,1012014Revenue 2015: $927,268Expenses 2015: $902,461Net Income 2015: $24,8072015Revenue 2016: $969,926Expenses 2016: $967,576Net Income 2016: $2,3502016Revenue 2017: $1,091,744Expenses 2017: $1,005,771Net Income 2017: $85,9732017Revenue 2018: $1,312,436Expenses 2018: $1,437,338Net Income 2018: -$124,9022018Revenue 2019: $1,240,815Expenses 2019: $1,259,972Net Income 2019: -$19,1572019Revenue 2020: $207,315Expenses 2020: $321,664Net Income 2020: -$114,3492020Revenue 2021: $1,472,639Expenses 2021: $755,946Net Income 2021: $716,6932021Revenue 2022: $1,319,052Expenses 2022: $1,049,779Net Income 2022: $269,2732022Revenue 2023: $1,750,821Expenses 2023: $1,415,631Net Income 2023: $335,1902023Revenue 2024: $1,502,180Expenses 2024: $1,146,384Net Income 2024: $355,7962024Revenue 2025: $1,649,530Expenses 2025: $1,396,921Net Income 2025: $252,6092025

Highlighted filing

2018

Revenue$1,312,436
Expenses$1,437,338
Net Income-$124,902
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Dec 14, 2018
Return Version
2017v2.3
Gross Receipts
$1,312,528
Mission and Program Overview

Mission

ANNUAL AGRICULTURAL FAIR

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$927,128$1,005,853▲ $78,725
Prepaid Expenses and Deferred Charges$13,460$28,367▲ $14,907
Accounts Receivable$15,121$24,000▲ $8,879
Cash and Non-Interest-Bearing Accounts$192,810$-6,196▼ $199,006
Total Assets$1,148,977$1,227,237▲ $78,260
Other Assets Total$458$175,213▲ $174,755
Liabilities
Mortgage Notes Payable Secured by Investment Property$133,786$107,271▼ $26,515
Other Liabilities-$76,379-
Accounts Payable and Accrued Expenses$34,504$47,652▲ $13,148
Deferred Revenue$16,745$8,571▼ $8,174
Total Liabilities$185,035$239,873▲ $54,838
Net Assets / Fund Balance
Unrestricted Net Assets$963,942$812,151▼ $151,791
Temporarily Rstr Net Assets-$175,213-
Total Net Assets Fund Balance$963,942$987,364▲ $23,422
Total Liabilities and Net Assets / Fund Balance$1,148,977$1,227,237▲ $78,260

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$865,363$1,659,993$2,525,356
Leasehold Improvements$125,204$2,406$127,610
Equipment$9,148$609$9,757
Buildings$6,138$130$6,268
Other Assets Org$24,774--
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael SmithExecutive DiFT$25,231$25,231

Board Members and Trustees

NameTitle
Keith HeschePresident
Amanda PowellDirector
Bev ClarkDirector
Dan BaliceDirector
Ken MckeeDirector
Kirk WolthuisDirector
Lisa SanfordDirector
Troy ThomasDirector
Clare ColwellSecretary
Trevor TookerTreasurer
Amie StoutVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$80,522
Program Service Revenue
$1,156,096
Investment Income
$9,396
Other Revenue
$66,422
All Other Contributions
$78,202
Change in Net Assets
$-124,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,302,266
Salaries, Compensation, and Employee Benefits$135,072
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$369,265--$369,265
Fees for Services Other$340,447--$340,447
Other Salaries and Wages$93,210--$93,210
Advertising$87,801--$87,801
Other Expenses$77,498--$77,498
Depreciation Depletion$68,650--$68,650
Occupancy$64,651--$64,651
Office Expenses$17,857$20,409-$38,266
Insurance$37,130--$37,130
Current Officers, Directors, Trustees, and Key Employees-$25,231-$25,231
Payroll Taxes$16,631--$16,631
Fees for Services Accounting-$10,175-$10,175
Interest$7,732--$7,732
Payment Travel Entrtnmnt Publicly Ofcl$1,778--$1,778
Total Functional Expenses$1,381,523$55,815$0$1,437,338
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Independent BankDirectorInstallment NoteNo$1
City of IoniaDirectorReal Estate LeaseNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$60,000
Midway Deposit$10,000
Accrued Expenses$4,363
Credit Card Payable$2,016
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

“Finance committee reviews prior to filing.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financials statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ionia Free Fair Association
EIN
38-0680310
Phone
6165271310
Address
317 S DEXTER ST, IONIA, MI 48846

Signing Officer

Name
Keith Hesche
Title
President
Phone
6165271310
Signed
2018-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Hesche
Formed
1940
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
9
Employees
9
Volunteers
200

Preparer

Firm
Walker Fluke & Sheldon Plc
Address
1971 S STATE RD, IONIA, MI 48846
Preparer
Katherine K Sheldon
Phone
6165220792
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Livestock sales youth livestock payout 328,708 0 0 youth livestock sales exp 11,739 0 0 total 340,447 0 0”

Form 990, Part IX, Line 24E

“Grandstand events 68,946 0 0 contract labor-parking 34,758 0 0 concessions 33,812 0 0 supplies-bld & ground 30,399 0 0 entertainment park 23,330 0 0 administration 23,272 0 0 competitive events 21,263 0 0 buiding and grounds 20,390 0 0 special events 19,618 0 0 maintenance and repairs 13,345 0 0 contract labor-grandstand 12,763 0 0 sponsorship 9,839 0 0 gas, fuel and oil 8,268 0 0 convention fees 7,846 0 0 security 7,200 0 0 vending 6,888 0 0 dues and memberships 6,564 0 0 telephone and internet 5,797 0 0 donations 4,426 0 0 licenses & registration 3,029 0 0 bank charges 3,026 0 0 investment expenses 1,666 0 0 fairly frugal market 1,665 0 0 payroll processing fee 1,155 0 0 total 369,265 0 0”

Raw XML AppendixShowing 400 of 490 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/OtherAssetsTotalGrp/BOYAmt0458
IRS990/OtherAssetsTotalGrp/EOYAmt0175213
IRS990/OtherExpensesGrp/Desc0FOOD TRUCK RALLY
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR-ENTERTAIN
IRS990/OtherExpensesGrp/Desc2CONTRACT LABOR-BLD & GROU
IRS990/OtherExpensesGrp/Desc3CONTRACT SERVICE-GRANDST
IRS990/OtherExpensesGrp/ProgramServicesAmt02989
IRS990/OtherExpensesGrp/ProgramServicesAmt1108453
IRS990/OtherExpensesGrp/ProgramServicesAmt287431
IRS990/OtherExpensesGrp/ProgramServicesAmt377498
IRS990/OtherExpensesGrp/TotalAmt02989
IRS990/OtherExpensesGrp/TotalAmt1108453
IRS990/OtherExpensesGrp/TotalAmt287431
IRS990/OtherExpensesGrp/TotalAmt377498
IRS990/OtherLiabilitiesGrp/EOYAmt076379
IRS990/OtherRevenueMiscGrp/Desc0ICE AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05605
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12351
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05605
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12351
IRS990/OtherRevenueTotalAmt07956
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt093210
IRS990/OtherSalariesAndWagesGrp/TotalAmt093210
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt016631
IRS990/PayrollTaxesGrp/TotalAmt016631
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013460
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028367
IRS990/PrincipalOfficerNm0KEITH HESCHE
IRS990/PriorPeriodAdjustmentsAmt0143281
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONCESSIONS
IRS990/ProgramServiceRevenueGrp/Desc1LIVESTOCK SALES
IRS990/ProgramServiceRevenueGrp/Desc2PARKING AND CAMPGROUND
IRS990/ProgramServiceRevenueGrp/Desc3GRANSTAND EVENTS
IRS990/ProgramServiceRevenueGrp/Desc4SPECIAL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0427047
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1354746
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2204863
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3135958
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt428382
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0427047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1354746
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2204863
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3135958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt428382
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0189571
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05317
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt01778
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt01778
IRS990/PYOtherExpensesAmt0864316
IRS990/PYOtherRevenueAmt046073
IRS990/PYProgramServiceRevenueAmt0850783
IRS990/PYRevenuesLessExpensesAmt085973
IRS990/PYSalariesCompEmpBnftPaidAmt0141455
IRS990/PYTotalExpensesAmt01005771
IRS990/PYTotalRevenueAmt01091744
IRS990/ReconcilationRevenueExpnssAmt0-124902
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt058466
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01156096
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt044,385
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt080522
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0189571
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt097091
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0126874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0101949
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0596007
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt058466
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt043378
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt029703
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt031595
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt029605
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0192747
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01172340
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0850783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0789851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0768825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0762314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04344113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt058466
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt043378
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt029703
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt031595
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt029605
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0192747
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt08781
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt08781
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05255
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt044500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0-5370
IRS990ScheduleA/OtherIncome509Grp/TotalAmt044385
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95260
IRS990ScheduleA/PublicSupportPY509Pct00.95290
IRS990ScheduleA/PublicSupportTotal509Amt04940120
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01252862
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01040354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0886942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0895699
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0864263
IRS990ScheduleA/Total509Grp/TotalAmt04940120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01311328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01088987
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0969926
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0927294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0888498
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05186033
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt06138
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0130
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06268
IRS990ScheduleD/EquipmentGrp/BookValueAmt09148
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0609
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09757
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0125204
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02406
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0127610
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0150439
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt124774
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0COMMUNITY FOUNDATION FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH IN BANK - RESTRICTED
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0865363
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01659993
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02525356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24363
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MIDWAY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01005853
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0175213
IRS990ScheduleD/TotalLiabilityAmt076379
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0INDEPENDENT BANK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1CITY OF IONIA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0INSTALLMENT NOTE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1REAL ESTATE LEASE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINANCE COMMITTEE REVIEWS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LIVESTOCK SALES YOUTH LIVESTOCK PAYOUT 328,708 0 0 YOUTH LIVESTOCK SALES EXP 11,739 0 0 TOTAL 340,447 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANDSTAND EVENTS 68,946 0 0 CONTRACT LABOR-PARKING 34,758 0 0 CONCESSIONS 33,812 0 0 SUPPLIES-BLD & GROUND 30,399 0 0 ENTERTAINMENT PARK 23,330 0 0 ADMINISTRATION 23,272 0 0 COMPETITIVE EVENTS 21,263 0 0 BUIDING AND GROUNDS 20,390 0 0 SPECIAL EVENTS 19,618 0 0 MAINTENANCE AND REPAIRS 13,345 0 0 CONTRACT LABOR-GRANDSTAND 12,763 0 0 SPONSORSHIP 9,839 0 0 GAS, FUEL AND OIL 8,268 0 0 CONVENTION FEES 7,846 0 0 SECURITY 7,200 0 0 VENDING 6,888 0 0 DUES AND MEMBERSHIPS 6,564 0 0 TELEPHONE AND INTERNET 5,797 0 0 DONATIONS 4,426 0 0 LICENSES & REGISTRATION 3,029 0 0 BANK CHARGES 3,026 0 0 INVESTMENT EXPENSES 1,666 0 0 FAIRLY FRUGAL MARKET 1,665 0 0 PAYROLL PROCESSING FEE 1,155 0 0 TOTAL 369,265 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,227,237
Liabilities
$239,873
Net assets
$987,364
Revenue
$1,312,436
Expenses
$1,437,338
Net income
-$124,902
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.37$0.58$2.79$1.65$1.40$0.25
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.09$2.54$1.50$1.15$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$0.08$2.18$1.75$1.42$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.18$1.85$1.32$1.05$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.11$1.58$1.47$0.76$0.72
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.36$0.85$0.21$0.32$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.26$0.97$1.24$1.26$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.24$0.99$1.31$1.44$0.12
2017Summary only. Only limited summary data is available for this year.$1.15$0.19$0.96$1.09$1.01$0.09
2016Summary only. Only limited summary data is available for this year.$1.06$0.18$0.88$0.97$0.97$0.00
2015Summary only. Only limited summary data is available for this year.$1.05$0.18$0.88$0.93$0.90$0.02
2014Summary only. Only limited summary data is available for this year.$1.03$0.19$0.84$0.89$0.83$0.06
2013Summary only. Only limited summary data is available for this year.$1.01$0.24$0.77$0.79$0.77$0.02
2012Summary only. Only limited summary data is available for this year.$1.08$0.34$0.74$0.86$0.92$0.06
2011Summary only. Only limited summary data is available for this year.$1.13$0.34$0.79$0.70$0.88$0.18