Civic Intelligence

Jackson County Fair Association

990 • Fiscal year 2015 • EIN 42-0698743

Nov 01, 2014 to Oct 31, 2015 • Filed on Feb 16, 2016

P O Box 859Maquoketa, IA 52060

(563) 652-4282

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

46th percentile

1.9%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

52nd percentile

1.8%

Faster asset growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-0.2%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$432,861

Up $7,530 (+1.8%) from 2014

Net Assets

Up

$431,501

Up $7,581 (+1.8%) from 2014

Liabilities

Down

$1,360

Down $51 (-3.6%) from 2014

Revenue

Down

$407,512

Down $708 (-0.2%) from 2014

Expenses

Down

$399,931

Down $8,869 (-2.2%) from 2014

Net Income

Up

$7,581

Up $8,161 (+1407%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $272,960Liabilities 2011: $0Net Assets 2011: $272,9602011Assets 2012: $359,306Liabilities 2012: $0Net Assets 2012: $359,3062012Assets 2013: $424,500Liabilities 2013: $0Net Assets 2013: $424,5002013Assets 2014: $425,331Liabilities 2014: $1,411Net Assets 2014: $423,9202014Assets 2015: $432,861Liabilities 2015: $1,360Net Assets 2015: $431,5012015Assets 2016: $427,855Liabilities 2016: $3,172Net Assets 2016: $424,6832016Assets 2017: $402,410Liabilities 2017: $0Net Assets 2017: $402,4102017Assets 2018: $373,245Liabilities 2018: $0Net Assets 2018: $373,2452018Assets 2019: $387,006Liabilities 2019: $120,000Net Assets 2019: $267,0062019Assets 2020: $382,521Liabilities 2020: $133,000Net Assets 2020: $249,5212020Assets 2021: $400,031Liabilities 2021: $43,000Net Assets 2021: $357,0312021Assets 2022: $355,132Liabilities 2022: $0Net Assets 2022: $355,1322022Assets 2023: $337,546Liabilities 2023: $0Net Assets 2023: $337,5462023Assets 2024: $272,106Liabilities 2024: $0Net Assets 2024: $272,1062024Assets 2025: $253,511Liabilities 2025: $0Net Assets 2025: $253,5112025

Highlighted filing

2015

Assets$432,861
Liabilities$1,360
Net Assets$431,501

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $274,172Expenses 2011: $278,931Net Income 2011: -$4,7592011Expenses 2012: $310,4452012Expenses 2013: $364,2292013Revenue 2014: $408,220Expenses 2014: $408,800Net Income 2014: -$5802014Revenue 2015: $407,512Expenses 2015: $399,931Net Income 2015: $7,5812015Revenue 2016: $504,367Expenses 2016: $511,185Net Income 2016: -$6,8182016Revenue 2017: $469,485Expenses 2017: $491,758Net Income 2017: -$22,2732017Revenue 2018: $611,757Expenses 2018: $640,922Net Income 2018: -$29,1652018Revenue 2019: $631,684Expenses 2019: $737,923Net Income 2019: -$106,2392019Revenue 2020: $302,416Expenses 2020: $319,901Net Income 2020: -$17,4852020Revenue 2021: $840,449Expenses 2021: $732,939Net Income 2021: $107,5102021Revenue 2022: $1,397,260Expenses 2022: $1,399,159Net Income 2022: -$1,8992022Revenue 2023: $862,177Expenses 2023: $923,806Net Income 2023: -$61,6292023Revenue 2024: $1,080,354Expenses 2024: $1,146,357Net Income 2024: -$66,0032024Revenue 2025: $982,407Expenses 2025: $1,061,436Net Income 2025: -$79,0292025

Highlighted filing

2015

Revenue$407,512
Expenses$399,931
Net Income$7,581
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$561,152
Mission and Program Overview

Mission

To Conduct County Fair and Use Fair Grounds For Other Community Activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$295,477$329,052▲ $33,575
Savings and Temporary Cash Investments$59,533$55,372▼ $4,161
Cash and Non-Interest-Bearing Accounts$70,191$47,594▼ $22,597
Total Assets$425,331$432,861▲ $7,530
Other Assets Total$130$843▲ $713
Liabilities
Accounts Payable and Accrued Expenses$1,411$1,360▼ $51
Total Liabilities$1,411$1,360▼ $51
Net Assets / Fund Balance
Unrestricted Net Assets$419,329$426,910▲ $7,581
Temporarily Rstr Net Assets$4,591$4,591→ $0
Total Net Assets Fund Balance$423,920$431,501▲ $7,581
Total Liabilities and Net Assets / Fund Balance$425,331$432,861▲ $7,530

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$151,273$68,075$219,348
Land$99,720-$99,720
Buildings$56,259$10,387$66,646
Equipment$21,800$3,071$24,871
Compensation and Service Providers

Board Members and Trustees

NameTitle
Owen HayesPresident
Mark MillerVice President
Darcy HankemeierDirector
Duane HansenDirector
Judy TonderumDirector
Lee JohnsonDirector
Mark AndersonDirector
Mike FranzenDirector
Mike MclaughlinSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$71,044
Program Service Revenue
$212,184
Investment Income
$68
Other Revenue
$124,216
All Other Contributions
$60,932
Change in Net Assets
$7,581
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$302,174
Salaries, Compensation, and Employee Benefits$97,476
Grants and Similar Amounts Paid$281
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,721--$46,721
Current Officers, Directors, Trustees, and Key Employees$42,500--$42,500
Advertising$36,344--$36,344
Depreciation Depletion$17,199--$17,199
Occupancy$15,526--$15,526
Insurance$13,588--$13,588
Conferences and Meetings$8,315--$8,315
Payroll Taxes$8,255--$8,255
All Other Expenses$3,418--$3,418
Office Expenses$3,303--$3,303
Other Expenses$1,943--$1,943
Fees for Services Accounting$1,018--$1,018
Grants to Domestic Orgs$281--$281
Total Functional Expenses$399,931$0$0$399,931
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$55,692
Gaming Gross Income$35,622
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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, Part VI, Section B, Line 11

The organization's form 990 is reviewed by the the board before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statemens available to the public upon request. The organization's financial information is also published in the newspaper.

Filing and Contact Details

Filer

Filer Name
Jackson County Fair Association
EIN
42-0698743
Phone
5636524282
Address
P O BOX 859, MAQUOKETA, IA 52060

Signing Officer

Name
Owen Hayes
Title
President
Phone
5636524282
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Owen Hayes
Formed
1944
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
51
Volunteers
80

Preparer

Firm
Honkamp Krueger & Co Pc
Address
951 13TH AVENUE NORTH, CLINTON, IA 52732
Preparer
Jon F Thoms CPA
Phone
5632426911
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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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IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0356538
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059533
IRS990/SavingsAndTempCashInvstGrp/EOYAmt055372
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt056259
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010387
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt066646
IRS990ScheduleD/EquipmentGrp/BookValueAmt021800
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03071
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024871
IRS990ScheduleD/LandGrp/BookValueAmt099720
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt099720
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0151273
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt068075
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0219348
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0329052
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt01220
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01220
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt055692
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt035622
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt035622
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0-20070
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt027522
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt027522
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt026950
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt026950
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd00
IRS990ScheduleG/GamingManagerCompensationAmt03500
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0LANNY SIMPSON
IRS990ScheduleG/GamingManagerServicesProvTxt0MAINTAIN THE INVENTORY OF THE BINGO CARDS, COLLECT ALL THE DATA FOR SALES, REPORT TO THE STATE, SELL AND DISTRIBUTE THE BINGO CARDS TO THE PLAYERS, CALL THE BINGO EVENTS, AND VERIFY THE WINS. THE GAMING MANAGER COUNTS AND BANKS ALL THE MONIES, MAINTAINS THE BINGO CHECKBOOK, AND DISTRIBUTES THE PROFITS WITH THE GUIDANCE OF THE FAIR BOARD.
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0LANNY SIMPSON
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0P O BOX 859
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0MAQUOKETA
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd052060
IRS990ScheduleG/StatesWhereGamingConductedCd0IA
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE THE BOARD BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL INFORMATION IS ALSO PUBLISHED IN THE NEWSPAPER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04591
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04591
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0425331
IRS990/TotalAssetsEOYAmt0432861
IRS990/TotalAssetsGrp/BOYAmt0425331
IRS990/TotalAssetsGrp/EOYAmt0432861
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt071044
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0399931
IRS990/TotalFunctionalExpensesGrp/TotalAmt0399931
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01411
IRS990/TotalLiabilitiesEOYAmt01360
IRS990/TotalLiabilitiesGrp/BOYAmt01411
IRS990/TotalLiabilitiesGrp/EOYAmt01360
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0423920
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0431501
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0399931
IRS990/TotalProgramServiceRevenueAmt0212184
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-20070
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0356538
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0407512
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt080
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0425331
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0432861
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0419329
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0426910
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 859
IRS990/USAddress/CityNm0MAQUOKETA
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052060
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.JCFAIRGROUNDS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0OWEN HAYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05636524282
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSON COUNTY FAIR ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0420698743
ReturnHeader/Filer/PhoneNum05636524282
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 859
ReturnHeader/Filer/USAddress/CityNm0MAQUOKETA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052060

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.98$1.06$0.08
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.08$1.15$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.86$0.92$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.40$1.40$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$0.84$0.73$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.13$0.25$0.30$0.32$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.12$0.27$0.63$0.74$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.61$0.64$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.47$0.49$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.42$0.50$0.51$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.41$0.40$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.42$0.41$0.41$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.31
2011Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$0.27$0.28$0.00
Peer Organizations

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