Civic Intelligence

Delaware County Fair Society Inc

EIN 42-0937294 • 501(c)3 • Manchester, IA

Profile

The purpose or purposes for which this corporation is organized are to promote the agricultural, industrial, economic, and social life of the citizens of delaware county, iowa, and the furtherance of the activities of the 4-h and ffa organizations.

PO Box 243Manchester, IA 52057

www.delawarecofair.com

Siviq Scores

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

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

33rd percentile

-2.2%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-1.9%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-1.3%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,955,439

Down $37,458 (-1.9%) from 2023

Liabilities

Down

$191,694

Down $6,516 (-3.3%) from 2023

Net Assets

Down

$1,763,745

Down $30,942 (-1.7%) from 2023

Revenue

Down

$1,393,429

Down $18,341 (-1.3%) from 2023

Expenses

Up

$1,424,371

Up $53,797 (+3.9%) from 2023

Net Income

Down

-$30,942

Down $72,138 (-175%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $684,025Liabilities 2011: $4,176Net Assets 2011: $679,8492011Assets 2012: $784,359Liabilities 2012: $4,177Net Assets 2012: $780,1822012Assets 2013: $1,226,415Liabilities 2013: $4,608Net Assets 2013: $1,221,8072013Assets 2014: $1,252,776Liabilities 2014: $5,471Net Assets 2014: $1,247,3052014Assets 2015: $1,289,920Liabilities 2015: $4,212Net Assets 2015: $1,285,7082015Assets 2016: $1,353,137Liabilities 2016: $5,512Net Assets 2016: $1,347,6252016Assets 2017: $1,427,999Liabilities 2017: $3,852Net Assets 2017: $1,424,1472017Assets 2018: $1,523,390Liabilities 2018: $16,217Net Assets 2018: $1,507,1732018Assets 2019: $1,507,842Liabilities 2019: $12,655Net Assets 2019: $1,495,1872019Assets 2020: $1,516,278Liabilities 2020: $71,676Net Assets 2020: $1,444,6022020Assets 2021: $1,772,483Liabilities 2021: $4,595Net Assets 2021: $1,767,8882021Assets 2022: $1,757,068Liabilities 2022: $3,577Net Assets 2022: $1,753,4912022Assets 2023: $1,992,897Liabilities 2023: $198,210Net Assets 2023: $1,794,6872023Assets 2024: $1,955,439Liabilities 2024: $191,694Net Assets 2024: $1,763,7452024

Highlighted filing

2024

Assets$1,955,439
Liabilities$191,694
Net Assets$1,763,745

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $864,077Expenses 2011: $865,440Net Income 2011: -$1,3632011Revenue 2012: $999,174Expenses 2012: $898,841Net Income 2012: $100,3332012Revenue 2013: $1,360,045Expenses 2013: $918,420Net Income 2013: $441,6252013Revenue 2014: $943,063Expenses 2014: $917,565Net Income 2014: $25,4982014Revenue 2015: $992,267Expenses 2015: $953,864Net Income 2015: $38,4032015Revenue 2016: $1,069,225Expenses 2016: $1,007,308Net Income 2016: $61,9172016Revenue 2017: $1,073,140Expenses 2017: $996,618Net Income 2017: $76,5222017Revenue 2018: $1,139,367Expenses 2018: $1,056,341Net Income 2018: $83,0262018Revenue 2019: $935,627Expenses 2019: $947,613Net Income 2019: -$11,9862019Revenue 2020: $376,554Expenses 2020: $427,139Net Income 2020: -$50,5852020Revenue 2021: $1,454,892Expenses 2021: $1,131,606Net Income 2021: $323,2862021Revenue 2022: $1,267,724Expenses 2022: $1,282,121Net Income 2022: -$14,3972022Revenue 2023: $1,411,770Expenses 2023: $1,370,574Net Income 2023: $41,1962023Revenue 2024: $1,393,429Expenses 2024: $1,424,371Net Income 2024: -$30,9422024

Highlighted filing

2024

Revenue$1,393,429
Expenses$1,424,371
Net Income-$30,942

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.19$1.76$1.39$1.42$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.20$1.79$1.41$1.37$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.00$1.75$1.27$1.28$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.00$1.77$1.45$1.13$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.07$1.44$0.38$0.43$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.01$1.50$0.94$0.95$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.02$1.51$1.14$1.06$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.00$1.42$1.07$1.00$0.08
2016Summary only. Only limited summary data is available for this year.$1.35$0.01$1.35$1.07$1.01$0.06
2015Summary only. Only limited summary data is available for this year.$1.29$0.00$1.29$0.99$0.95$0.04
2014Summary only. Only limited summary data is available for this year.$1.25$0.01$1.25$0.94$0.92$0.03
2013Summary only. Only limited summary data is available for this year.$1.23$0.00$1.22$1.36$0.92$0.44
2012Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$1.00$0.90$0.10
2011Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.86$0.87$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 12, 2025
Return Version
2023v6.0
Gross Receipts
$1,412,771
Mission and Program Overview

Mission

The purpose or purposes for which this corporation is organized are to promote the agricultural, industrial, economic, and social life of the citizens of delaware county, iowa, and the furtherance of the activities of the 4-h and ffa organizations.

Promote the agricultural, industrial, economic, and social life of the citizens of delaware county, iowa and the furtherance of the activities of the 4-h and ffa organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,453,511$1,441,927▼ $11,584
Cash and Non-Interest-Bearing Accounts$278,868$255,362▼ $23,506
Savings and Temporary Cash Investments$247,968$249,216▲ $1,248
Inventories for Sale or Use$12,550$8,934▼ $3,616
Total Assets$1,992,897$1,955,439▼ $37,458
Liabilities
Unsecured Notes Loans Payable$193,771$187,397▼ $6,374
Other Liabilities$3,939$3,797▼ $142
Mortgage Notes Payable Secured by Investment Property$500$500→ $0
Total Liabilities$198,210$191,694▼ $6,516
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,794,687$1,763,745▼ $30,942
Total Net Assets Fund Balance$1,794,687$1,763,745▼ $30,942
Total Liabilities and Net Assets / Fund Balance$1,992,897$1,955,439▼ $37,458

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$763,241$624,675$1,387,916
Land$602,668-$602,668
Equipment$76,018$380,491$456,509
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeannine DomeyerManagerFT$64,989$14,310$79,299

Board Members and Trustees

NameTitle
Katherine RahePresident
Allan BogeDirector
Brandon RiesDirector
David WillieDirector
Ed McintyreDirector
Ethen BrockhohnDirector
Josh HellmannDirector
Karelene SellnerDirector
Kurt PalmerDirector
Levon SmithDirector
Rick PalmerDirector
Robert RiesDirector
Shawn WaterhouseDirector
Laura LewinTreasurer
Al KelchenVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Day Of The Dog INCEntertainment12W 37TH STREET FL 10, New York, NY 10018$150,000
Runnin' Behind INCEntertainmentPO BOX 22972, Nashville, TN 37202$150,000
Revenue and Support

Revenue Composition

Contributions and Grants
$218,338
Program Service Revenue
$1,123,460
Investment Income
$10,275
Other Revenue
$41,356
All Other Contributions
$166,456
Change in Net Assets
$-30,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,181,032
Salaries, Compensation, and Employee Benefits$243,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$182,723$9,617-$192,340
Other Salaries and Wages$130,376--$130,376
Depreciation Depletion$88,010$224-$88,234
Current Officers, Directors, Trustees, and Key Employees$47,020$31,346-$78,366
Advertising$74,157--$74,157
Other Employee Benefits$20,517--$20,517
Office Expenses$17,705$1,135-$18,840
All Other Expenses$14,665$942-$15,607
Other Expenses$15,148$1,407-$15,148
Payroll Taxes$11,893$2,187-$14,080
Fees for Services Accounting-$9,985-$9,985
Interest$9,264--$9,264
Conferences and Meetings-$2,518-$2,518
Total Functional Expenses$1,365,010$59,361$0$1,424,371
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,799
Fundraising Direct Expenses$12,085
Gaming Gross Income$10,899
Gaming Direct Expenses$7,257
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction Fundrai$49,799$49,799$12,085$37,714
Total Events$49,799$49,799$12,085$37,714
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,797
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

Form 990, Page 6, Part VI, Line 2

Kurt palmer rick palmer president director son and father katherine rahe dave willie & al kelchen vp directors brother and brother-in-law laura lewin al boge treasurer director sister and brother robert ries daniel ries director director brothers

Form 990, Page 6, Part VI, Line 7A

All members of the governing body are elected by the residents of delaware county.

Form 990, Page 6, Part VI, Line 11B

A preliminary draft of the form 990 was made available to all board members in attendance at the regularly scheduled board meeting prior to the submission of the form 990.

Form 990, Page 6, Part VI, Line 12C

Annually all board members are required to review and sign off on the policy. At all board meetings, if any member has a concern regarding a potential conflict of interest they are encouraged to bring it to the attention of the executive committee.

Form 990, Page 6, Part VI, Line 15A

The executive board, which consists of the board officers, meets and determines the compensation package. The executive board then discusses with the manager. If both parties are in agreement, the package is presented to the full board for approval and a written agreement is established.

Form 990, Page 6, Part VI, Line 19

The governing documents and a copy of the form 990 are made available to the public upon request at the delaware county fair society's business office.

Filing and Contact Details

Filer

Filer Name
Delaware County Fair Society Inc
EIN
42-0937294
Phone
5639276449
Address
PO BOX 243, MANCHESTER, IA 52057

Signing Officer

Name
Jeannine Domeyer
Title
Manager
Phone
5639276449
Signed
2025-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Rahe
Formed
1923
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
57
Volunteers
225

Preparer

Firm
Gosling & Company Pc
Address
217 N FRANKLIN ST, MANCHESTER, IA 52057-1538
Preparer
Craig a Ingamells
Phone
5639274810
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose or purposes for which this corporation is organized are to promote the agricultural, industrial, economic, and social life of the citizens of delaware county, iowa, and the furtherance of the activities of the 4-h and ffa organizations.

Raw XML AppendixShowing 400 of 528 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/MissionDesc0THE PURPOSE OR PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE TO PROMOTE THE AGRICULTURAL, INDUSTRIAL, ECONOMIC, AND SOCIAL LIFE OF THE CITIZENS OF DELAWARE COUNTY, IOWA, AND THE FURTHERANCE OF THE ACTIVITIES OF THE 4-H AND FFA ORGANIZATIONS.
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IRS990/PrincipalOfficerNm0KATHERINE RAHE
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IRS990/ProgramServiceRevenueGrp/Desc0DELAWARE COUNTY FAIR
IRS990/ProgramServiceRevenueGrp/Desc1SOCIAL GATHERING FACIL UBI
IRS990/ProgramServiceRevenueGrp/Desc2SOCIAL GATHERING FACILITY
IRS990/ProgramServiceRevenueGrp/Desc3DELAWARE COUNTY FAIR UBI
IRS990/ProgramServiceRevenueGrp/Desc4COMMUNITY RECREATIONAL UBI
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IRS990/ProgSrvcAccomActy2Grp/Desc0ASSISTED LOCAL RESIDENTS/GROUPS BY PROVIDING FACILITIES TO HOLD SOCIAL GATHERINGS AND MEETINGS OF VARIOUS ORGANIZATIONS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME CONSISTS OF INSURANCE REIMBURSEMENTS AND OTHER MISCELLANEOUS INCOME.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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