Civic Intelligence

Gratiot Agricultural Society

EIN 38-2185068 • 501(c)3 • Ithaca, MI

Profile

Provide education and promote agriculture.

PO Box 181Ithaca, MI 48847

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.49x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

6.16x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

56th percentile

0.6%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

5.0%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$495,975

Up $2,980 (+0.6%) from 2024

Liabilities

Down

$244,927

Down $1,950 (-0.8%) from 2024

Net Assets

Up

$251,048

Up $4,930 (+2.0%) from 2024

Operations
Liabilities / Revenue99th percentileNet Margin67th percentile

Revenue

Up

$39,751

Up $1,908 (+5.0%) from 2024

Expenses

Down

$34,820

Down $1,771 (-4.8%) from 2024

Net Income

Up

$4,931

Up $3,679 (+294%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $487,985Liabilities 2011: $275,8272011Assets 2012: $486,380Liabilities 2012: $270,2772012Assets 2013: $479,949Liabilities 2013: $268,3272013Assets 2014: $476,295Liabilities 2014: $266,3772014Assets 2015: $473,922Liabilities 2015: $264,4272015Assets 2016: $480,096Liabilities 2016: $262,4772016Assets 2018: $485,139Liabilities 2018: $258,5772018Assets 2019: $488,437Liabilities 2019: $256,6272019Assets 2020: $490,589Liabilities 2020: $254,5272020Assets 2021: $494,585Liabilities 2021: $252,727Net Assets 2021: $241,8582021Assets 2022: $495,241Liabilities 2022: $250,777Net Assets 2022: $244,4642022Assets 2023: $493,692Liabilities 2023: $248,827Net Assets 2023: $244,8652023Assets 2024: $492,995Liabilities 2024: $246,877Net Assets 2024: $246,1182024Assets 2025: $495,975Liabilities 2025: $244,927Net Assets 2025: $251,0482025

Highlighted filing

2025

Assets$495,975
Liabilities$244,927
Net Assets$251,048
Open 2025 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $50,508Expenses 2011: $37,643Net Income 2011: $12,8652011Revenue 2012: $40,703Expenses 2012: $36,758Net Income 2012: $3,9452012Revenue 2013: $37,769Expenses 2013: $42,250Net Income 2013: -$4,4812013Revenue 2014: $31,930Expenses 2014: $33,634Net Income 2014: -$1,7042014Revenue 2015: $23,414Expenses 2015: $23,837Net Income 2015: -$4232015Revenue 2016: $34,232Expenses 2016: $26,108Net Income 2016: $8,1242016Revenue 2018: $21,919Expenses 2018: $15,860Net Income 2018: $6,0592018Revenue 2019: $21,880Expenses 2019: $16,632Net Income 2019: $5,2482019Revenue 2020: $11,748Expenses 2020: $7,496Net Income 2020: $4,2522020Revenue 2021: $21,824Expenses 2021: $16,028Net Income 2021: $5,7962021Revenue 2022: $21,258Expenses 2022: $18,652Net Income 2022: $2,6062022Revenue 2023: $41,269Expenses 2023: $40,868Net Income 2023: $4012023Revenue 2024: $37,843Expenses 2024: $36,591Net Income 2024: $1,2522024Revenue 2025: $39,751Expenses 2025: $34,820Net Income 2025: $4,9312025

Highlighted filing

2025

Revenue$39,751
Expenses$34,820
Net Income$4,931
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$495,975
Liabilities
$244,927
Net assets
$251,048
Revenue
$39,751
Expenses
$34,820
Net income
$4,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.96$2.45$2.51$0.40$0.35$0.05
2024Detailed filing. Detailed filing data is available for this year.$4.93$2.47$2.46$0.38$0.37$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$2.49$2.45$0.41$0.41$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.95$2.51$2.44$0.21$0.19$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.95$2.53$2.42$0.22$0.16$0.06
2020Summary only. Only limited summary data is available for this year.$4.91$2.55$0.12$0.07$0.04
2019Summary only. Only limited summary data is available for this year.$4.88$2.57$0.22$0.17$0.05
2018Summary only. Only limited summary data is available for this year.$4.85$2.59$0.22$0.16$0.06
2016Summary only. Only limited summary data is available for this year.$4.80$2.62$0.34$0.26$0.08
2015Summary only. Only limited summary data is available for this year.$4.74$2.64$0.23$0.24$0.00
2014Summary only. Only limited summary data is available for this year.$4.76$2.66$0.32$0.34$0.02
2013Summary only. Only limited summary data is available for this year.$4.80$2.68$0.38$0.42$0.04
2012Summary only. Only limited summary data is available for this year.$4.86$2.70$0.41$0.37$0.04
2011Summary only. Only limited summary data is available for this year.$4.88$2.76$0.51$0.38$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 2, 2026
Return Version
2024v5.0
Gross Receipts
$39,751
Mission and Program Overview

Mission

Provide education and promote agriculture in the community.

Program Services

DescriptionGrantsExpenses
THE COUNTY FAIR IS SPONSORED EACH YEAR TO PROVIDE EDUCATION AND PROMOTE AGRICULTURE IN THE COMMUNITY.-$34,820
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE SMITHPresidentPT$0--
LACEY ELKINSSecretaryPT$0--
NELDA AKERSTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Gratiot Agricultural Society
EIN
38-2185068
Phone
9898384104
Address
PO BOX 181, ITHACA, MI 48847

Signing Officer

Name
Nelda Akers
Title
Treasurer
Phone
9898384104
Signed
2026-02-02
Discuss with paid preparer
Yes

Preparer

Firm
Thompson Seiler & Kolb Pllc
Address
102 S ROBINSON STREET PO BOX 67, PERRINTON, MI 48871
Preparer
Joseph W Thompson CPA
Phone
9892365281
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 13 premiums 238 equipment rental 300 repairs & maintainance 1,217 beef & preview beef show 4,505 camping 109 carnival & attractions 800 kid's day prizes & games 415 fall frenzy 504 farmers day dinner 936 insurance 1,145 judges 1,125 pleasure horse - buckle 1,560 signs(arena & main entr. 873 small animal auction 4,771 speed horse - buckle 240 start up dollars 2,240 still exhibit silent auct 345 trophies/jackpots/ribbons 1,335 non-investment depreciation 12,040 total 34,711”

Form 990-ez, Part II, Line 26

“Commercial bank 246,877 244,927”

Raw XML Appendix137 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NELDA AKERS
IRS990EZ/BooksInCareOfDetail/PhoneNum09898384104
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06288 S BAGLEY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHLEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048806
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035492
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050513
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06483
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04931
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0492994
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0495975
IRS990EZ/GrossReceiptsAmt039751
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0457502
IRS990EZ/LandAndBuildingsGrp/EOYAmt0445462
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0246117
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0251048
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0246117
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0251048
IRS990EZ/OccupancyRentUtltsAndMaintAmt025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHANIE SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LACEY ELKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NELDA AKERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt034711
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATION AND PROMOTE AGRICULTURE IN THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt084
IRS990EZ/ProgramServiceRevenueAmt033268
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE COUNTY FAIR IS SPONSORED EACH YEAR TO PROVIDE EDUCATION AND PROMOTE AGRICULTURE IN THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034820
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0246877
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0244927
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt034820
IRS990EZ/TotalProgramServiceExpensesAmt034820
IRS990EZ/TotalRevenueAmt039751
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06483
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04464
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02568
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016087
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt033268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt033379
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt038701
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt019216
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt021294
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0145858
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0161945
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt039751
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt037843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt041269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt021258
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt021824
IRS990ScheduleA/Total509Grp/TotalAmt0161945
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt039751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt037843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt041269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt021258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt021824
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0161945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 13 PREMIUMS 238 EQUIPMENT RENTAL 300 REPAIRS & MAINTAINANCE 1,217 BEEF & PREVIEW BEEF SHOW 4,505 CAMPING 109 CARNIVAL & ATTRACTIONS 800 KID'S DAY PRIZES & GAMES 415 FALL FRENZY 504 FARMERS DAY DINNER 936 INSURANCE 1,145 JUDGES 1,125 PLEASURE HORSE - BUCKLE 1,560 SIGNS(ARENA & MAIN ENTR. 873 SMALL ANIMAL AUCTION 4,771 SPEED HORSE - BUCKLE 240 START UP DOLLARS 2,240 STILL EXHIBIT SILENT AUCT 345 TROPHIES/JACKPOTS/RIBBONS 1,335 NON-INVESTMENT DEPRECIATION 12,040 TOTAL 34,711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMERCIAL BANK 246,877 244,927
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NELDA AKERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09898384104
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRATIOT AGRICULTURAL SOCIETY
ReturnHeader/Filer/BusinessNameControlTxt0GRAT
ReturnHeader/Filer/EIN0382185068
ReturnHeader/Filer/PhoneNum09898384104
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 181
ReturnHeader/Filer/USAddress/CityNm0ITHACA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048847
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861458032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMPSON SEILER & KOLB PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102 S ROBINSON STREET PO BOX 67
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PERRINTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048871
ReturnHeader/PreparerPersonGrp/PhoneNum09892365281
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH W THOMPSON CPA
ReturnHeader/ReturnTs02026-02-11T12:39:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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