Civic Intelligence

Beltrami County Agricultural Association

990 • Fiscal year 2023 • EIN 41-0800981

Oct 01, 2022 to Sep 30, 2023 • Filed on Oct 26, 2023

7223 Fairgrounds Rd NWBemidji, MN 56601

(218) 444-8169

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

45th percentile

0.01x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

60th percentile

9.5%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

57th percentile

$11,979

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

45th percentile

1.9%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-12%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$881,397

Up $16,695 (+1.9%) from 2022

Net Assets

Up

$877,495

Up $16,289 (+1.9%) from 2022

Liabilities

Up

$3,902

Up $406 (+12%) from 2022

Revenue

Down

$331,295

Down $45,222 (-12%) from 2022

Expenses

Up

$299,723

Up $19,959 (+7.1%) from 2022

Net Income

Down

$31,572

Down $65,181 (-67%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $210,131Liabilities 2011: $51Net Assets 2011: $210,0802011Assets 2012: $401,431Liabilities 2012: $15,787Net Assets 2012: $385,6442012Assets 2013: $462,257Liabilities 2013: $913Net Assets 2013: $461,3442013Assets 2014: $509,905Liabilities 2014: $3,545Net Assets 2014: $506,3602014Assets 2015: $495,173Liabilities 2015: $494Net Assets 2015: $494,6792015Assets 2016: $579,702Liabilities 2016: $12,078Net Assets 2016: $567,6242016Assets 2017: $628,501Liabilities 2017: $6,074Net Assets 2017: $622,4272017Assets 2018: $684,601Liabilities 2018: $5,585Net Assets 2018: $679,0162018Assets 2019: $720,518Liabilities 2019: $7,033Net Assets 2019: $713,4852019Assets 2020: $719,275Liabilities 2020: $1,767Net Assets 2020: $717,5082020Assets 2021: $808,041Liabilities 2021: $26,559Net Assets 2021: $781,4822021Assets 2022: $864,702Liabilities 2022: $3,496Net Assets 2022: $861,2062022Assets 2023: $881,397Liabilities 2023: $3,902Net Assets 2023: $877,4952023Assets 2025: $998,078Liabilities 2025: $3,104Net Assets 2025: $994,9742025

Highlighted filing

2023

Assets$881,397
Liabilities$3,902
Net Assets$877,495

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $176,400Expenses 2011: $141,470Net Income 2011: $34,9302011Expenses 2012: $136,4682012Expenses 2013: $158,2982013Revenue 2014: $214,810Expenses 2014: $169,794Net Income 2014: $45,0162014Revenue 2015: $181,755Expenses 2015: $193,775Net Income 2015: -$12,0202015Revenue 2016: $252,622Expenses 2016: $179,678Net Income 2016: $72,9442016Revenue 2017: $220,289Expenses 2017: $165,487Net Income 2017: $54,8022017Revenue 2018: $237,765Expenses 2018: $181,052Net Income 2018: $56,7132018Revenue 2019: $248,187Expenses 2019: $213,718Net Income 2019: $34,4692019Revenue 2020: $91,088Expenses 2020: $86,882Net Income 2020: $4,2062020Revenue 2021: $265,060Expenses 2021: $201,086Net Income 2021: $63,9742021Revenue 2022: $376,517Expenses 2022: $279,764Net Income 2022: $96,7532022Revenue 2023: $331,295Expenses 2023: $299,723Net Income 2023: $31,5722023Revenue 2025: $379,462Expenses 2025: $352,109Net Income 2025: $27,3532025

Highlighted filing

2023

Revenue$331,295
Expenses$299,723
Net Income$31,572
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$331,295
Mission and Program Overview

Mission

Education - further and keep up-to-date newer ideas in teaching, farming, 4-h club work and to create new methods which may aid the homemaker. Hold annual county fair and promote agriculture, horticulture and animal husbandry in beltrami county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$725,073$729,338▲ $4,265
Savings and Temporary Cash Investments$139,404$151,659▲ $12,255
Accounts Receivable$125$300▲ $175
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$864,702$881,397▲ $16,695
Liabilities
Accounts Payable and Accrued Expenses$3,496$3,902▲ $406
Total Liabilities$3,496$3,902▲ $406
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$854,389$862,042▲ $7,653
Net Assets With Donor Restrictions$6,817$15,453▲ $8,636
Total Net Assets Fund Balance$861,206$877,495▲ $16,289
Total Liabilities and Net Assets / Fund Balance$864,702$881,397▲ $16,695

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$568,988$150,482$642,216
Equipment$59,645$64,306$120,592
Land$100,705-$100,705
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rina PhillipsFacilities ManagerPT$11,979$11,979
Char BlashillTreasurerPT$500$500

Board Members and Trustees

NameTitle
Vern HozhueterPresident
Bob SmithVice President
Beryl WernbergRecording Secretary
Paul HokufSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$81,422
Program Service Revenue
$207,089
Investment Income
$2,045
Other Revenue
$40,739
Change in Net Assets
$31,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,256
Salaries, Compensation, and Employee Benefits$35,467
Total Fundraising Expense$5,928
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$137,216$428-$137,216
Occupancy$66,039$445$445$66,929
Other Salaries and Wages$25,439$3,242$3,242$31,923
Depreciation Depletion$31,744--$31,744
Advertising$8,274$827$827$9,928
Conferences and Meetings$5,685$600$560$6,845
Insurance$5,431$71$71$5,573
Office Expenses$2,135$745$229$3,109
Payroll Taxes$2,536$254$254$3,044
Fees for Services Accounting$1,984$200$300$2,484
Current Officers, Directors, Trustees, and Key Employees$500--$500
Total Functional Expenses$286,983$6,812$5,928$299,723
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization has membership

Member election for additional members Part VI line 7A

Members elect the board of directors

Governing body decisions Part VI line 7B

Members elect the board of directors

Form 990 governing body review Part VI line 11

The 990 is presented to the board of directors at their regular meeting and any questions are answered and resolved prior to filing

Conflict of interest policy compliance Part VI line 12C

The organization has adopted the conflict of interest policy as suggested on the irs website. At each meeting, any conflict of interest is disclosed prior to any vote and anyone who has a conflict excuses themselves from voting.

Governing documents etc available to public Part VI line 19

The documents are available in the organizations office during posted office house and otherwise by appointment.

Filing and Contact Details

Filer

Filer Name
Beltrami County Agricultural Assoc
EIN
41-0800981
Address
7223 FAIRGROUNDS RD NW, BEMIDJI, MN 56601

Signing Officer

Name
Char Blashill
Title
Treasurer
Phone
2184448169
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vern Hozhueter
Formed
2004
Legal Domicile
Mn
Voting Board Members
21
Independent Board Members
21
Employees
16
Volunteers
100

Preparer

Firm
Dearholt Tax & Accounting LLC
Address
613 Roosevelt Road SE, Bemidji, MN 56601-3456
Preparer
Susan Dearholt CPA
Phone
2184441040
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

990-t expenses and federal ubit tax

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089216
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt042322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt077500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0447314
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0547
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01362
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0863
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0207089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0192515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0167903
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt014156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0137771
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0719434
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0547
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05260
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt07119
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt05756
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt07353
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt01787
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt02437
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt024452
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97520
IRS990ScheduleA/PublicSupportPY509Pct00.98010
IRS990ScheduleA/PublicSupportTotal509Amt01166748
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0322131
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0315749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0257119
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt056478
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0215271
IRS990ScheduleA/Total509Grp/TotalAmt01166748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0331295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0321948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0265019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt059627
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0218571
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01196460
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0568988
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0150482
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt077254
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0642216
IRS990ScheduleD/EquipmentGrp/BookValueAmt059645
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064306
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03359
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120592
IRS990ScheduleD/LandGrp/BookValueAmt0100705
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100705
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0729338
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR REGULAR MEETING AND ANY QUESTIONS ARE ANSWERED AND RESOLVED PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS ADOPTED THE CONFLICT OF INTEREST POLICY AS SUGGESTED ON THE IRS WEBSITE. AT EACH MEETING, ANY CONFLICT OF INTEREST IS DISCLOSED PRIOR TO ANY VOTE AND ANYONE WHO HAS A CONFLICT EXCUSES THEMSELVES FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE AVAILABLE IN THE ORGANIZATIONS OFFICE DURING POSTED OFFICE HOUSE AND OTHERWISE BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6990-T EXPENSES AND FEDERAL UBIT TAX
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0864702
IRS990/TotalAssetsEOYAmt0881397
IRS990/TotalAssetsGrp/BOYAmt0864702
IRS990/TotalAssetsGrp/EOYAmt0881397
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt081422
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05928
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06812
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0286983
IRS990/TotalFunctionalExpensesGrp/TotalAmt0299723
IRS990/TotalGrossUBIAmt07119
IRS990/TotalLiabilitiesBOYAmt03496
IRS990/TotalLiabilitiesEOYAmt03902
IRS990/TotalLiabilitiesGrp/BOYAmt03496
IRS990/TotalLiabilitiesGrp/EOYAmt03902
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0861206
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0877495
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0286983
IRS990/TotalProgramServiceRevenueAmt0207089
IRS990/TotalReportableCompFromOrgAmt012479
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0242754
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0331295
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07119
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0864702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0881397
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.98$0.03$9.95$3.79$3.52$0.27
2023Detailed filing. Detailed filing data is available for this year.$8.81$0.04$8.77$3.31$3.00$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.65$0.03$8.61$3.77$2.80$0.97
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.08$0.27$7.81$2.65$2.01$0.64
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.19$0.02$7.18$0.91$0.87$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.21$0.07$7.13$2.48$2.14$0.34
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.85$0.06$6.79$2.38$1.81$0.57
2017Summary only. Only limited summary data is available for this year.$6.29$0.06$6.22$2.20$1.65$0.55
2016Detailed filing. Detailed filing data is available for this year.$5.80$0.12$5.68$2.53$1.80$0.73
2015Detailed filing. Detailed filing data is available for this year.$4.95$0.00$4.95$1.82$1.94$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.10$0.04$5.06$2.15$1.70$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$0.01$4.61$1.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$0.16$3.86$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.00$2.10$1.76$1.41$0.35
Peer Organizations

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