Civic Intelligence

Houghton County Fair Association

990EZ • Fiscal year 2015 • EIN 38-2466952

Nov 01, 2014 to Oct 31, 2015 • Filed on Dec 15, 2015

1500 Birch StHancock, MI 49930

(906) 482-6200

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

48th percentile

2.5%

Higher net margin than 48% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

49th percentile

1.1%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

5.9%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$342,891

Up $3,729 (+1.1%) from 2014

Net Assets

Up

$342,891

Up $3,729 (+1.1%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$147,980

Up $8,244 (+5.9%) from 2014

Expenses

Up

$144,251

Up $19,836 (+16%) from 2014

Net Income

Down

$3,729

Down $11,592 (-76%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $308,660Liabilities 2011: $02011Assets 2012: $316,313Liabilities 2012: $02012Assets 2013: $323,841Liabilities 2013: $0Net Assets 2013: $323,8412013Assets 2014: $339,162Liabilities 2014: $0Net Assets 2014: $339,1622014Assets 2015: $342,891Liabilities 2015: $0Net Assets 2015: $342,8912015Assets 2016: $364,131Liabilities 2016: $0Net Assets 2016: $364,1312016Assets 2017: $357,411Liabilities 2017: $0Net Assets 2017: $357,4112017Assets 2018: $350,287Liabilities 2018: $0Net Assets 2018: $350,2872018Assets 2019: $344,863Liabilities 2019: $0Net Assets 2019: $344,8632019Assets 2020: $327,569Liabilities 2020: $0Net Assets 2020: $327,5692020Assets 2021: $446,537Liabilities 2021: $75,000Net Assets 2021: $371,5372021Assets 2022: $499,477Liabilities 2022: $64,323Net Assets 2022: $435,1542022Assets 2023: $606,181Liabilities 2023: $60,217Net Assets 2023: $545,9642023Assets 2024: $729,089Liabilities 2024: $55,932Net Assets 2024: $673,1572024

Highlighted filing

2015

Assets$342,891
Liabilities$0
Net Assets$342,891

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $144,516Expenses 2011: $124,560Net Income 2011: $19,9562011Revenue 2012: $136,619Expenses 2012: $128,966Net Income 2012: $7,6532012Revenue 2013: $136,896Expenses 2013: $129,368Net Income 2013: $7,5282013Revenue 2014: $139,736Expenses 2014: $124,415Net Income 2014: $15,3212014Revenue 2015: $147,980Expenses 2015: $144,251Net Income 2015: $3,7292015Revenue 2016: $161,376Expenses 2016: $140,136Net Income 2016: $21,2402016Revenue 2017: $146,861Expenses 2017: $153,581Net Income 2017: -$6,7202017Revenue 2018: $147,052Expenses 2018: $154,176Net Income 2018: -$7,1242018Revenue 2019: $230,265Expenses 2019: $216,282Net Income 2019: $13,9832019Revenue 2020: $115,096Expenses 2020: $132,390Net Income 2020: -$17,2942020Revenue 2021: $356,624Expenses 2021: $312,656Net Income 2021: $43,9682021Revenue 2022: $368,212Expenses 2022: $304,595Net Income 2022: $63,6172022Revenue 2023: $440,942Expenses 2023: $330,132Net Income 2023: $110,8102023Revenue 2024: $481,205Expenses 2024: $354,012Net Income 2024: $127,1932024

Highlighted filing

2015

Revenue$147,980
Expenses$144,251
Net Income$3,729
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Dec 15, 2015
Return Version
2014v6.0
Gross Receipts
$147,980
Mission and Program Overview

Mission

To provide an annual county fair to educate the public on the importance, values, and environmental impact of farming and agriculture.

PUBLIC EDUCATION

Program Services

DescriptionGrantsExpenses
TO EDUCATE THE PUBLIC ON THE IMPORTANCE AND VALUES OF FARMING AND ITS ENVIRONMENTAL IMPACT.-$144,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICK FREEMANPresidentPT$0--
KATHLEEN CASPARYVice PresidentPT$0--
BONNIE DECAIRE-JONESSecretaryPT$0--
STEVEN PALOSAARITreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Houghton County Fair Association
EIN
38-2466952
Phone
9064826200
Address
1500 BIRCH ST, HANCOCK, MI 49930

Signing Officer

Name
Steve Palosaari
Title
Treasurer
Phone
9064826200
Signed
2015-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Gary D Jorgenson
Address
47061 STATE HIGHWAY M26, ATLANTIC MINE, MI 49905
Preparer
Gary D Jorgenson
Phone
9064822370
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Winter storage fees 21405. Miscellaneous 390. Booth rental fees 4625. Merchandising 55. Entry fees 1489. Gate admissions 86086. Carnival commissions 17960. Mechandising

Form 990EZ, Part I, Line 16

Administrative services 15752. Miscellaneous 4370. Director's exp 638. State convention exp 3632. Prizes 14088. Bank & merchant charges 445. Special events 2148. Entertainment 46744. Advertising 3762. Repairs & maintenance 4328. Dues 300. Volunteer dinner 1066. Depreciation 13052. Equipment rental 5508.

Form 990, Part IX, Line 24F

Volunteer dinner insurance miscellaneous

Raw XML Appendix169 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt0115833
IRS990EZ/OtherRevenueTotalAmt0132010
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PUBLIC EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt04381
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0144251
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SaleOfAssetsGrossAmt0727
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: GROSS RENTS 2010: 19865. 2011: 19723. 2012: 17398. 2013: 21642. 2014: 21405. Description: MISC 2011: 161. 2012: 2060. 2013: 320. 2014: 390.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WINTER STORAGE FEES 21405. MISCELLANEOUS 390. BOOTH RENTAL FEES 4625. MERCHANDISING 55. ENTRY FEES 1489. GATE ADMISSIONS 86086. CARNIVAL COMMISSIONS 17960. MECHANDISING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADMINISTRATIVE SERVICES 15752. MISCELLANEOUS 4370. DIRECTOR'S EXP 638. STATE CONVENTION EXP 3632. PRIZES 14088. BANK & MERCHANT CHARGES 445. SPECIAL EVENTS 2148. ENTERTAINMENT 46744. ADVERTISING 3762. REPAIRS & MAINTENANCE 4328. DUES 300. VOLUNTEER DINNER 1066. DEPRECIATION 13052. EQUIPMENT RENTAL 5508.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VOLUNTEER DINNER INSURANCE MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24f
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09064826200
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOUGHTON COUNTY FAIR ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0HOUG
ReturnHeader/Filer/EIN0382466952
ReturnHeader/Filer/PhoneNum09064826200
ReturnHeader/Filer/USAddress/AddressLine1Txt01500 BIRCH ST
ReturnHeader/Filer/USAddress/CityNm0HANCOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049930
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt047061 STATE HIGHWAY M26
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTIC MINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049905
ReturnHeader/PreparerPersonGrp/PhoneNum09064822370
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-02-09T09:04:33-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-11-01
ReturnHeader/TaxPeriodEndDt02015-10-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.29$0.56$6.73$4.81$3.54$1.27
2023Detailed filing. Detailed filing data is available for this year.$6.06$0.60$5.46$4.41$3.30$1.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.64$4.35$3.68$3.05$0.64
2021Detailed filing. Detailed filing data is available for this year.$4.47$0.75$3.72$3.57$3.13$0.44
2020Detailed filing. Detailed filing data is available for this year.$3.28$0.00$3.28$1.15$1.32$0.17
2019Summary only. Only limited summary data is available for this year.$3.45$0.00$3.45$2.30$2.16$0.14
2018Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$1.47$1.54$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.57$1.47$1.54$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$1.61$1.40$0.21
2015Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$1.48$1.44$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.39$0.00$3.39$1.40$1.24$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.00$3.24$1.37$1.29$0.08
2012Summary only. Only limited summary data is available for this year.$3.16$0.00$1.37$1.29$0.08
2011Summary only. Only limited summary data is available for this year.$3.09$0.00$1.45$1.25$0.20