Civic Intelligence

Mitchell County Agricultural Society

990 • Fiscal year 2019 • EIN 42-0419035

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 16, 2020

co AUDREY BARKER 2597 410TH STLittle Cedar, IA 50454

(641) 220-4446

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

59th percentile

7.4%

Higher net margin than 59% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

51st percentile

3.3%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

65th percentile

13%

Faster revenue growth than 65% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$727,020

Up $23,347 (+3.3%) from 2018

Net Assets

Up

$727,020

Up $23,347 (+3.3%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$315,464

Up $36,097 (+13%) from 2018

Expenses

Up

$292,117

Up $27,128 (+10%) from 2018

Net Income

Up

$23,347

Up $8,969 (+62%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $520,428Liabilities 2011: $0Net Assets 2011: $520,4282011Assets 2012: $550,713Liabilities 2012: $0Net Assets 2012: $550,7132012Assets 2013: $556,812Liabilities 2013: $0Net Assets 2013: $556,8122013Assets 2014: $565,781Liabilities 2014: $0Net Assets 2014: $565,7812014Assets 2015: $602,399Liabilities 2015: $0Net Assets 2015: $602,3992015Assets 2016: $644,277Liabilities 2016: $0Net Assets 2016: $644,2772016Assets 2017: $689,293Liabilities 2017: $0Net Assets 2017: $689,2932017Assets 2018: $703,673Liabilities 2018: $0Net Assets 2018: $703,6732018Assets 2019: $727,020Liabilities 2019: $0Net Assets 2019: $727,0202019Assets 2020: $693,194Liabilities 2020: $0Net Assets 2020: $693,1942020Assets 2021: $772,101Liabilities 2021: $0Net Assets 2021: $772,1012021Assets 2022: $749,998Liabilities 2022: $0Net Assets 2022: $749,9982022Assets 2023: $746,069Liabilities 2023: $0Net Assets 2023: $746,0692023Assets 2024: $1,464,549Liabilities 2024: $0Net Assets 2024: $1,464,5492024Assets 2025: $1,468,947Liabilities 2025: $0Net Assets 2025: $1,468,9472025

Highlighted filing

2019

Assets$727,020
Liabilities$0
Net Assets$727,020

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $188,390Expenses 2011: $155,786Net Income 2011: $32,6042011Revenue 2012: $180,693Expenses 2012: $150,408Net Income 2012: $30,2852012Revenue 2013: $162,907Expenses 2013: $156,808Net Income 2013: $6,0992013Revenue 2014: $171,654Expenses 2014: $162,686Net Income 2014: $8,9682014Revenue 2015: $188,876Expenses 2015: $177,889Net Income 2015: $10,9872015Revenue 2016: $251,630Expenses 2016: $209,752Net Income 2016: $41,8782016Revenue 2017: $229,330Expenses 2017: $184,313Net Income 2017: $45,0172017Revenue 2018: $279,367Expenses 2018: $264,989Net Income 2018: $14,3782018Revenue 2019: $315,464Expenses 2019: $292,117Net Income 2019: $23,3472019Revenue 2020: $114,835Expenses 2020: $148,661Net Income 2020: -$33,8262020Revenue 2021: $400,892Expenses 2021: $321,985Net Income 2021: $78,9072021Revenue 2022: $335,153Expenses 2022: $357,256Net Income 2022: -$22,1032022Revenue 2023: $392,842Expenses 2023: $396,771Net Income 2023: -$3,9292023Revenue 2024: $1,203,486Expenses 2024: $485,006Net Income 2024: $718,4802024Revenue 2025: $544,986Expenses 2025: $540,588Net Income 2025: $4,3982025

Highlighted filing

2019

Revenue$315,464
Expenses$292,117
Net Income$23,347
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 16, 2020
Return Version
2018v3.1
Gross Receipts
$315,464
Mission and Program Overview

Mission

Agricultural, horticultural, educational activities benefitting the residents of mitchell county, iowa, and the surrounding area

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$703,673$727,020▲ $23,347
Land, Buildings, and Equipment, Net$620,664$627,193▲ $6,529
Cash and Non-Interest-Bearing Accounts$83,009$99,827▲ $16,818
Total Assets$703,673$727,020▲ $23,347
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$703,673$727,020▲ $23,347
Total Liabilities and Net Assets / Fund Balance$703,673$727,020▲ $23,347

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$440,776$310,767-
Land$186,000--
Equipment$417$2,703-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jim RollPresident
Adam Norby1st Vice President
Galen Barker2nd Vice President
Ben ButtjerBoard Member
Dan PoppBoard Member
Karl FoxBoard Member
Kevin StewertBoard Member
Kyle MehmenBoard Member
Nolan PetersBoard Member
Peter RysavyBoard Member
Travis PoppBoard Member
Travis SprungBoard Member
Troy HavelBoard Member
Audrey BarkerSecretary
Chad HalbachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,209
Program Service Revenue
$177,889
Investment Income
$653
Other Revenue
$28,713
All Other Contributions
$63,050
Change in Net Assets
$23,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$284,014
Salaries, Compensation, and Employee Benefits$8,103
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$198,958--$198,958
Depreciation Depletion-$38,585-$38,585
Advertising$16,904--$16,904
Insurance$7,114--$7,114
Other Expenses$625$6,325-$6,325
Current Officers, Directors, Trustees, and Key Employees-$5,887-$5,887
Office Expenses$3,846--$3,846
Other Salaries and Wages$2,216--$2,216
Fees for Services Legal-$700-$700
Total Functional Expenses$229,663$62,454$0$292,117
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
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

Officer directors etc family relationship Part VI line 2

Galen barker, board member and voting member is married to audrey barker, secretary and non-voting officer.

Members or stockholder classes and rights Part VI line 6

Board members may purchase shares

Member election for additional members Part VI line 7A

Board members select by vote new members from persons expressing interest in board membership. Officer positions filled by vote of the board members.

Committee meeting documentation Part VI line 8B

No formal committee reports are filed. Informal committe report occur at monthly board meetings.

Form 990 governing body review Part VI line 11

The organization has no specific process to review form 990

Conflict of interest policy compliance Part VI line 12C

The organization has no specific process to monitor conflict of interest issues, however the organization will enforce compliance with the policy if conflicts arise

Governing documents etc available to public Part VI line 19

The organization will make copies of all documents listed in question 19 available to the public upon request

Filing and Contact Details

Filer

Filer Name
Mitchell Co Agricultural Society
EIN
42-0419035
Address
co AUDREY BARKER 2597 410TH ST, Little Cedar, IA 50454

Signing Officer

Name
Audrey Barker
Title
Secretary
Phone
6412204446
Signed
2020-01-16
Discuss with paid preparer
Yes

Organization Details

Formed
1906
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
14

Preparer

Firm
Larson Law Office PLLC
Address
500 Main, Osage, IA 50461
Preparer
Nicholas T Larson
Phone
6417325554
Supplemental Narrative

Additional Explanations

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

Part xi line 9 difference due to rounding $2

List of other expenses Part IX line 24E

Special attractions 60324concessions 8074donations 1560non fair entertainment 5360 misc 24260premiums 3926total 103504

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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISC
IRS990/OtherRevenueMiscGrp/Desc1WOOD CARVINGS SALES
IRS990/OtherRevenueMiscGrp/Desc2NON FAIR INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09589
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14685
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt214439
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09589
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14685
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt214439
IRS990/OtherRevenueTotalAmt028713
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02216
IRS990/OtherSalariesAndWagesGrp/TotalAmt02216
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0GRANDSTAND
IRS990/ProgramServiceRevenueGrp/Desc1CONCESSIONS
IRS990/ProgramServiceRevenueGrp/Desc2SPACE & STALL
IRS990/ProgramServiceRevenueGrp/Desc34-H INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt058055
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211934
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt386160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt058055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211934
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt386160
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0104105
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0326
IRS990/PYOtherExpensesAmt0257563
IRS990/PYOtherRevenueAmt012487
IRS990/PYProgramServiceRevenueAmt0162449
IRS990/PYRevenuesLessExpensesAmt014378
IRS990/PYSalariesCompEmpBnftPaidAmt07426
IRS990/PYTotalExpensesAmt0264989
IRS990/PYTotalRevenueAmt0279367
IRS990/ReconcilationRevenueExpnssAmt023347
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0108209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0104105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0126810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt091900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0555553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0275
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0343
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01960
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99650
IRS990ScheduleA/PublicSupportPY170Pct00.99640
IRS990ScheduleA/PublicSupportTotal170Amt0555553
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0108209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0104105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0126810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt091900
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0555553
IRS990ScheduleA/TotalSupportAmt0557513
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0440776
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0310767
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0751543
IRS990ScheduleD/EquipmentGrp/BookValueAmt0417
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02703
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03120
IRS990ScheduleD/LandGrp/BookValueAmt0186000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0186000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0627193
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GALEN BARKER, BOARD MEMBER AND VOTING MEMBER IS MARRIED TO AUDREY BARKER, SECRETARY AND NON-VOTING OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS MAY PURCHASE SHARES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS SELECT BY VOTE NEW MEMBERS FROM PERSONS EXPRESSING INTEREST IN BOARD MEMBERSHIP. OFFICER POSITIONS FILLED BY VOTE OF THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO FORMAL COMMITTEE REPORTS ARE FILED. INFORMAL COMMITTE REPORT OCCUR AT MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NO SPECIFIC PROCESS TO REVIEW FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NO SPECIFIC PROCESS TO MONITOR CONFLICT OF INTEREST ISSUES, HOWEVER THE ORGANIZATION WILL ENFORCE COMPLIANCE WITH THE POLICY IF CONFLICTS ARISE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION WILL MAKE COPIES OF ALL DOCUMENTS LISTED IN QUESTION 19 AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PART XI LINE 9 DIFFERENCE DUE TO ROUNDING $2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SPECIAL ATTRACTIONS 60324CONCESSIONS 8074DONATIONS 1560NON FAIR ENTERTAINMENT 5360 MISC 24260PREMIUMS 3926TOTAL 103504
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0703673
IRS990/TotalAssetsEOYAmt0727020
IRS990/TotalAssetsGrp/BOYAmt0703673
IRS990/TotalAssetsGrp/EOYAmt0727020
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0108209
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062454
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0229663
IRS990/TotalFunctionalExpensesGrp/TotalAmt0292117
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0703673
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0727020
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0229663
IRS990/TotalProgramServiceRevenueAmt0177889
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.54$0.54$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$1.20$0.49$0.72
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.39$0.40$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.34$0.36$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.40$0.32$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.11$0.15$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.32$0.29$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.28$0.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.23$0.18$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.25$0.21$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.19$0.18$0.01
2014Summary only. Only limited summary data is available for this year.$0.57$0.00$0.57$0.17$0.16$0.01
2013Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$0.16$0.16$0.01
2012Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.18$0.15$0.03
2011Summary only. Only limited summary data is available for this year.$0.52$0.00$0.52$0.19$0.16$0.03