Civic Intelligence

Hillsdale County Agricultural

990 • Fiscal year 2014 • EIN 38-1367282

Dec 01, 2013 to Nov 30, 2014 • Filed on Jun 30, 2015

PO Box 289Hillsdale, MI 49242

(517) 437-3622

Siviq Scores

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

Liabilities / Assets

38th percentile

0.05x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$53,705

Higher top officer pay than 46% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

96th percentile

103%

Faster asset growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

11th percentile

-24%

Faster revenue growth than 11% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,313,557

Up $666,742 (+103%) from 2013

Net Assets

Up

$1,253,197

Up $637,155 (+103%) from 2013

Liabilities

Up

$60,360

Up $29,587 (+96%) from 2013

Revenue

Down

$719,739

Down $224,762 (-24%) from 2013

Expenses

Down

$640,213

Down $150,475 (-19%) from 2013

Net Income

Down

$79,526

Down $74,287 (-48%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $597,519Liabilities 2011: $49,852Net Assets 2011: $547,6672011Assets 2012: $616,863Liabilities 2012: $44,065Net Assets 2012: $572,7982012Assets 2013: $646,815Liabilities 2013: $30,773Net Assets 2013: $616,0422013Assets 2014: $1,313,557Liabilities 2014: $60,360Net Assets 2014: $1,253,1972014Assets 2015: $1,354,361Liabilities 2015: $1,124Net Assets 2015: $1,353,2372015Assets 2016: $1,370,318Liabilities 2016: $1,955Net Assets 2016: $1,368,3632016Assets 2017: $1,450,707Liabilities 2017: $1,099Net Assets 2017: $1,449,6082017Assets 2018: $1,586,331Liabilities 2018: $22,609Net Assets 2018: $1,563,7222018Assets 2019: $1,843,416Liabilities 2019: $225,972Net Assets 2019: $1,617,4442019Assets 2020: $1,772,857Liabilities 2020: $246,552Net Assets 2020: $1,526,3052020Assets 2021: $1,996,475Liabilities 2021: $217,746Net Assets 2021: $1,778,7292021Assets 2022: $2,049,945Liabilities 2022: $234,585Net Assets 2022: $1,815,3602022Assets 2023: $2,183,595Liabilities 2023: $224,885Net Assets 2023: $1,958,7102023Assets 2024: $2,438,126Liabilities 2024: $281,128Net Assets 2024: $2,156,9982024

Highlighted filing

2014

Assets$1,313,557
Liabilities$60,360
Net Assets$1,253,197

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $692,684Expenses 2011: $710,334Net Income 2011: -$17,6502011Revenue 2012: $763,720Expenses 2012: $709,369Net Income 2012: $54,3512012Revenue 2013: $944,501Expenses 2013: $790,688Net Income 2013: $153,8132013Revenue 2014: $719,739Expenses 2014: $640,213Net Income 2014: $79,5262014Revenue 2015: $732,717Expenses 2015: $657,348Net Income 2015: $75,3692015Revenue 2016: $702,494Expenses 2016: $687,557Net Income 2016: $14,9372016Revenue 2017: $709,059Expenses 2017: $633,985Net Income 2017: $75,0742017Revenue 2018: $737,300Expenses 2018: $623,186Net Income 2018: $114,1142018Revenue 2019: $695,896Expenses 2019: $642,174Net Income 2019: $53,7222019Revenue 2020: $163,701Expenses 2020: $254,840Net Income 2020: -$91,1392020Revenue 2021: $1,030,674Expenses 2021: $809,281Net Income 2021: $221,3932021Revenue 2022: $1,157,966Expenses 2022: $1,121,335Net Income 2022: $36,6312022Revenue 2023: $1,505,971Expenses 2023: $1,362,621Net Income 2023: $143,3502023Revenue 2024: $1,413,743Expenses 2024: $1,215,448Net Income 2024: $198,2952024

Highlighted filing

2014

Revenue$719,739
Expenses$640,213
Net Income$79,526
Jump To
Filing Snapshot
Filing Period
Dec 1, 2013 to Nov 30, 2014
Signed
Jun 30, 2015
Return Version
2013v4.0
Gross Receipts
$746,401
Mission and Program Overview

Mission

To promote and advance the interest of agriculture, horticulture, household arts and mechanic arts & sciences and all kindred sciences and arts in their varied branches; to develop all forms of youth club work, through education, training, and demonstrations of new skill techniques and knowledge in the arts and sciences related to the youth program conducted in cooperation with and by the michigan state university extension; to promote and conduct agricultural, industrial, educational and recreational fairs and exhibitions, and to provide entertainment and amusement therewith for the purpose of drawing the attention of the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,176,205$1,253,197▲ $76,992
Land, Buildings, and Equipment, Net$982,195$1,042,518▲ $60,323
Cash and Non-Interest-Bearing Accounts$185,279$232,397▲ $47,118
Savings and Temporary Cash Investments$34,239$21,550▼ $12,689
Accounts Receivable$5,265$17,092▲ $11,827
Total Assets$1,206,978$1,313,557▲ $106,579
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,973$38,145▲ $19,172
Accounts Payable and Accrued Expenses$11,800$21,500▲ $9,700
Other Liabilities-$715-
Total Liabilities$30,773$60,360▲ $29,587
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,176,205$1,253,197▲ $76,992
Total Liabilities and Net Assets / Fund Balance$1,206,978$1,313,557▲ $106,579

Asset Categories

AssetBook ValueDepreciationBasis
Land$249,574-$249,574
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$56,831
Program Service Revenue
$535,694
Investment Income
$13
Other Revenue
$127,201
All Other Contributions
$17,923
Change in Net Assets
$79,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$511,569
Salaries, Compensation, and Employee Benefits$128,644
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$114,907--$114,907
Current Officers, Directors, Trustees, and Key Employees$60,015--$60,015
Other Salaries and Wages$48,424--$48,424
Other Expenses$37,983--$37,983
Advertising$22,799--$22,799
Insurance$22,767--$22,767
Depreciation Depletion$21,511--$21,511
Office Expenses$13,950--$13,950
Other Employee Benefits$8,718--$8,718
Payroll Taxes$8,685--$8,685
Conferences and Meetings$4,531--$4,531
Pension Plan Contributions$2,802--$2,802
Fees for Services Accounting$650--$650
Travel$296--$296
Interest$232--$232
Fees for Services Legal$65--$65
Total Functional Expenses$640,213$0$0$640,213
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,982
Fundraising Direct Expenses$14,828
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$47,982$47,982$14,828$33,154
Total Events$47,982$47,982$14,828$33,154
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$715
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

EIN
38-1367282
Phone
5174373622

Signing Officer

Name
David Natzke
Title
Treasurer
Phone
5174373622
Signed
2015-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Dow
Legal Domicile
Mi
Voting Board Members
51
Independent Board Members
27
Employees
7
Volunteers
500

Preparer

Preparer
Peter J Bildner CPA
Phone
5174391585
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote and advance the interest of agriculture, horticulture, household arts and mechanic arts & sciences and all kindred sciences and arts in their varied branches; to develop all forms of youth club work, through education, training, and demonstrations of new skill techniques and knowledge in the arts and sciences related to the youth program conducted in cooperation with and by the michigan state university extension; to promote and conduct agricultural, industrial, educational and recreational fairs and exhibitions, and to provide entertainment and amusement therewith for the purpose of drawing the attention of the general public.

Form 990, Page 1, Part I, Line 6

Fair office volunteers: - answer phones, wait on customers, & complete paperwork community service workers: - grounds maintenance junior high & high school community service hours: - office work, buildings & ground maintenance hillsdale college volunteers: - office work, buildings & grounds maintenance service clubs: - painting projects individual volunteers through the year: - office work, maintenance during fair week - department superintendents & assistants - 4-h leaders & parent/guardian volunteers - grandstand event volunteers

Form 990, Page 2, Part III, Line 4D

To promote and advance the interest of agriculture, horticulture, household arts and mechanic arts & sciences and all kindred sciences and arts in their varied branches; to develop all forms of youth club work, through education, training, and demonstrations of new skill techniques and knowledge in the arts and sciences related to the youth program conducted in cooperation with and by the michigan state university extension; to promote and conduct agricultural, industrial, educational and recreational fairs and exhibitions, and to provide entertainment and amusement therewith for the purpose of drawing the attention of the general public.

Form 990, Part IX, Line 24E

Open class awards 37,155 0 0 contract labor 21,142 0 0 equipment rental 18,769 0 0 grant expense 9,083 0 0 reimbursable expense 7,238 0 0 4-h expenses 5,609 0 0 supplies 3,773 0 0 bank charges 3,714 0 0 fuel and oil 2,666 0 0 miscellaneous expense 1,734 0 0 cost of goods 1,445 0 0 dues, memberships 1,350 0 0 licenses and permits 638 0 0 womens congress expense 299 0 0 parking fees 184 0 0 misc maintenance 108 0 0

Form 990, Part XI, Line 9

Prior period adjustment -2,534

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IRS990/Form990PartVIISectionAGrp/PersonNm22DARYL SNYDER
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IRS990/Form990PartVIISectionAGrp/PersonNm26WALT ZINSER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/FSAuditedInd0false
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IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossReceiptsAmt0746401
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IRS990/InterestGrp/TotalAmt0232
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IRS990/LocalChaptersInd0false
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IRS990/MembershipDuesAmt0800
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/OtherExpensesGrp/ProgramServicesAmt260017
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IRS990/OtherExpensesGrp/TotalAmt167681
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IRS990/OtherExpensesGrp/TotalAmt337983
IRS990/OtherLiabilitiesGrp/EOYAmt0715
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0689570

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.28$2.16$1.41$1.22$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.22$1.96$1.51$1.36$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.23$1.82$1.16$1.12$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.22$1.78$1.03$0.81$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.25$1.53$0.16$0.25$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.23$1.62$0.70$0.64$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.02$1.56$0.74$0.62$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$0.71$0.63$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$0.70$0.69$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$0.73$0.66$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.31$0.06$1.25$0.72$0.64$0.08
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.03$0.62$0.94$0.79$0.15
2012Summary only. Only limited summary data is available for this year.$0.62$0.04$0.57$0.76$0.71$0.05
2011Summary only. Only limited summary data is available for this year.$0.60$0.05$0.55$0.69$0.71$0.02
Peer Organizations

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