Civic Intelligence

Dunn County Fair Association

990 • Fiscal year 2014 • EIN 42-1653982

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

10460 10th St NWKilldeer, ND 58640

(701) 764-5219

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.26x

Higher debt load relative to assets than 53% of similar nonprofits.

2014 filings • NTEE S • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.62x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • NTEE S • $1M-$5M nonprofits • Source year 2014

Net Margin

94th percentile

92%

Higher net margin than 94% of similar nonprofits.

2014 filings • NTEE S • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2014 filings • NTEE S • $1M-$5M nonprofits • Source year 2014

Asset Growth

97th percentile

183%

Faster asset growth than 97% of similar nonprofits.

2014 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

135%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,219,907

Up $2,730,493 (+183%) from 2013

Net Assets

Up

$3,118,552

Up $1,629,138 (+109%) from 2013

Liabilities

Up

$1,101,355

Up $1,101,355 from 2013

Revenue

Up

$1,767,299

Up $1,015,407 (+135%) from 2013

Expenses

Up

$138,161

Up $91,134 (+194%) from 2013

Net Income

Up

$1,629,138

Up $924,273 (+131%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $357,506Net Assets 2010: $357,5062010Assets 2011: $482,240Net Assets 2011: $482,2402011Assets 2012: $784,549Liabilities 2012: $0Net Assets 2012: $784,5492012Assets 2013: $1,489,414Liabilities 2013: $0Net Assets 2013: $1,489,4142013Assets 2014: $4,219,907Liabilities 2014: $1,101,355Net Assets 2014: $3,118,5522014Assets 2015: $4,176,248Liabilities 2015: $1,074,165Net Assets 2015: $3,102,0832015Assets 2016: $4,246,880Liabilities 2016: $1,018,865Net Assets 2016: $3,228,0152016Assets 2017: $4,146,585Liabilities 2017: $945,306Net Assets 2017: $3,201,2792017Assets 2018: $4,265,292Liabilities 2018: $870,540Net Assets 2018: $3,394,7522018Assets 2019: $4,267,615Liabilities 2019: $573,844Net Assets 2019: $3,693,7712019Assets 2020: $4,427,351Liabilities 2020: $390,862Net Assets 2020: $4,036,4892020Assets 2021: $4,745,215Liabilities 2021: $156,314Net Assets 2021: $4,588,9012021Assets 2022: $5,123,781Liabilities 2022: $8,496Net Assets 2022: $5,115,2852022Assets 2023: $5,473,939Liabilities 2023: $1,677Net Assets 2023: $5,472,2622023Assets 2024: $5,659,786Liabilities 2024: $575Net Assets 2024: $5,659,2112024

Highlighted filing

2014

Assets$4,219,907
Liabilities$1,101,355
Net Assets$3,118,552

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $171,750Expenses 2010: $36,179Net Income 2010: $135,5712010Revenue 2011: $136,383Expenses 2011: $11,649Net Income 2011: $124,7342011Expenses 2012: $33,2482012Revenue 2013: $751,892Expenses 2013: $47,027Net Income 2013: $704,8652013Revenue 2014: $1,767,299Expenses 2014: $138,161Net Income 2014: $1,629,1382014Revenue 2015: $443,645Expenses 2015: $460,114Net Income 2015: -$16,4692015Revenue 2016: $624,191Expenses 2016: $498,259Net Income 2016: $125,9322016Revenue 2017: $542,700Expenses 2017: $569,436Net Income 2017: -$26,7362017Revenue 2018: $796,250Expenses 2018: $602,777Net Income 2018: $193,4732018Revenue 2019: $924,854Expenses 2019: $625,835Net Income 2019: $299,0192019Revenue 2020: $801,598Expenses 2020: $458,880Net Income 2020: $342,7182020Revenue 2021: $1,114,669Expenses 2021: $562,257Net Income 2021: $552,4122021Revenue 2022: $1,182,446Expenses 2022: $656,062Net Income 2022: $526,3842022Revenue 2023: $1,257,013Expenses 2023: $900,036Net Income 2023: $356,9772023Revenue 2024: $1,100,595Expenses 2024: $913,646Net Income 2024: $186,9492024

Highlighted filing

2014

Revenue$1,767,299
Expenses$138,161
Net Income$1,629,138
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$1,773,445
Mission and Program Overview

Mission

The primary purpose is to provide the residents of dunn county, nd with with cultural and social activities through the use of the fairgrounds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,248,937$3,901,021▲ $2,652,084
Rtn Earn Endowment Incm Other Fnds$1,489,414$3,118,552▲ $1,629,138
Cash and Non-Interest-Bearing Accounts$235,262$305,156▲ $69,894
Intangible Assets-$8,450-
Investments in Publicly Traded Securities$5,215$5,280▲ $65
Total Assets$1,489,414$4,219,907▲ $2,730,493
Liabilities
Unsecured Notes Loans Payable-$1,096,691-
Accounts Payable and Accrued Expenses-$4,664-
Total Liabilities$0$1,101,355▲ $1,101,355
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,489,414$3,118,552▲ $1,629,138
Total Liabilities and Net Assets / Fund Balance$1,489,414$4,219,907▲ $2,730,493

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,901,021$61,672$3,962,693
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,746,338
Program Service Revenue
$13,078
Investment Income
$508
Other Revenue
$7,375
Change in Net Assets
$1,629,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,119
Salaries, Compensation, and Employee Benefits$33,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$40,809--$40,809
Other Salaries and Wages$28,972--$28,972
Insurance-$14,551-$14,551
Occupancy$13,127--$13,127
Interest$12,903--$12,903
Fees for Services Other$4,599--$4,599
Advertising$4,222--$4,222
Office Expenses$2,958--$2,958
Payroll Taxes$2,216--$2,216
Other Employee Benefits$1,854--$1,854
Fees for Services Accounting-$550-$550
Other Expenses$10,890$150-$150
Total Functional Expenses$122,550$15,611$0$138,161
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,158
Fundraising Direct Expenses$5,483
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Dunn County Fair Association
EIN
42-1653982
Phone
7017645219
Address
10460 10TH ST NW, KILLDEER, ND 58640

Signing Officer

Name
Terrald Bang
Title
President
Phone
7017645219
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terrald Bang
Formed
2005
Legal Domicile
Nd
Voting Board Members
11
Independent Board Members
11
Employees
2

Preparer

Firm
Kovash & Dasovick Pc
Address
148 1ST ST W, DICKINSON, ND 58601-5108
Preparer
Daniel J Dasovick
Phone
7014831156
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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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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013078
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt012858
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05171
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06760
IRS990ScheduleA/OtherIncome170Grp/TotalAmt024789
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99120
IRS990ScheduleA/PublicSupportPY170Pct00.99020
IRS990ScheduleA/PublicSupportTotal170Amt03118557
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt037509
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt025258
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt018785
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0136
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0571
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt082259
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01746338
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0738221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0327960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0135458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0170580
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03118557
IRS990ScheduleA/TotalSupportAmt03146324
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03901021
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061672
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03962693
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03901021
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01489414
IRS990/TotalAssetsEOYAmt04219907
IRS990/TotalAssetsGrp/BOYAmt01489414
IRS990/TotalAssetsGrp/EOYAmt04219907
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01746338
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015611
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0122550
IRS990/TotalFunctionalExpensesGrp/TotalAmt0138161
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01101355
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01101355
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01489414
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03118552
IRS990/TotalProgramServiceExpensesAmt0122550
IRS990/TotalProgramServiceRevenueAmt013078
IRS990/TotalRevenueGrp/ExclusionAmt07770
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013191
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01767299
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01489414
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04219907
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01096691
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011319 5TH STREET NW
IRS990/USAddress/CityNm0KILLDEER
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058640
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRALD BANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07017645219
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DUNN COUNTY FAIR ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0DUNN
ReturnHeader/Filer/EIN0421653982
ReturnHeader/Filer/PhoneNum07017645219
ReturnHeader/Filer/USAddress/AddressLine1Txt010460 10TH ST NW
ReturnHeader/Filer/USAddress/CityNm0KILLDEER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058640
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450414850
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOVASH & DASOVICK PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0148 1ST ST W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DICKINSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0586015108
ReturnHeader/PreparerPersonGrp/PhoneNum07014831156
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL J DASOVICK
ReturnHeader/ReturnTs02015-05-14T15:50:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.66$0.00$5.66$1.10$0.91$0.19
2023Detailed filing. Detailed filing data is available for this year.$5.47$0.00$5.47$1.26$0.90$0.36
2022Detailed filing. Detailed filing data is available for this year.$5.12$0.01$5.12$1.18$0.66$0.53
2021Detailed filing. Detailed filing data is available for this year.$4.75$0.16$4.59$1.11$0.56$0.55
2020Detailed filing. Detailed filing data is available for this year.$4.43$0.39$4.04$0.80$0.46$0.34
2019Detailed filing. Detailed filing data is available for this year.$4.27$0.57$3.69$0.92$0.63$0.30
2018Detailed filing. Detailed filing data is available for this year.$4.27$0.87$3.39$0.80$0.60$0.19
2017Detailed filing. Detailed filing data is available for this year.$4.15$0.95$3.20$0.54$0.57$0.03
2016Detailed filing. Detailed filing data is available for this year.$4.25$1.02$3.23$0.62$0.50$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.18$1.07$3.10$0.44$0.46$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.22$1.10$3.12$1.77$0.14$1.63
2013Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.75$0.05$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.00$0.78$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.48$0.14$0.01$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.36$0.17$0.04$0.14