Civic Intelligence

Davis County Agricultural Society Inc

EIN 42-6016690 • 501(c)3 • Bloomfield, IA

Profile

County fair that educates the community about agriculture, horticulture & varied sciences through free & low-cost events

PO Box 23Bloomfield, IA 52537

daviscountyfair.org

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.08x

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

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

Liabilities / Revenue

61st percentile

0.14x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

28th percentile

-5.4%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

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

Asset Growth

27th percentile

-3.9%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

47th percentile

5.5%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Down

$1,040,714

Down $42,344 (-3.9%) from 2023

Liabilities

Down

$82,867

Down $10,938 (-12%) from 2023

Net Assets

Down

$957,847

Down $31,406 (-3.2%) from 2023

Revenue

Up

$578,080

Up $30,061 (+5.5%) from 2023

Expenses

Up

$609,486

Up $125,475 (+26%) from 2023

Net Income

Down

-$31,406

Down $95,414 (-149%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $712,585Liabilities 2011: $108,2672011Assets 2012: $668,874Liabilities 2012: $102,708Net Assets 2012: $566,1662012Assets 2013: $666,005Liabilities 2013: $90,388Net Assets 2013: $575,6172013Assets 2014: $685,936Liabilities 2014: $74,115Net Assets 2014: $611,8212014Assets 2015: $696,373Liabilities 2015: $55,428Net Assets 2015: $640,9452015Assets 2016: $767,106Liabilities 2016: $47,779Net Assets 2016: $719,3272016Assets 2017: $792,949Liabilities 2017: $43,064Net Assets 2017: $749,8852017Assets 2018: $846,731Liabilities 2018: $111,557Net Assets 2018: $735,1742018Assets 2019: $860,350Liabilities 2019: $99,562Net Assets 2019: $760,7882019Assets 2020: $932,730Liabilities 2020: $88,867Net Assets 2020: $843,8632020Assets 2021: $904,886Liabilities 2021: $77,796Net Assets 2021: $827,0902021Assets 2022: $1,039,388Liabilities 2022: $103,824Net Assets 2022: $935,5642022Assets 2023: $1,083,058Liabilities 2023: $93,805Net Assets 2023: $989,2532023Assets 2024: $1,040,714Liabilities 2024: $82,867Net Assets 2024: $957,8472024

Highlighted filing

2024

Assets$1,040,714
Liabilities$82,867
Net Assets$957,847

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $278,992Expenses 2011: $264,596Net Income 2011: $14,3962011Revenue 2012: $247,746Expenses 2012: $285,898Net Income 2012: -$38,1522012Revenue 2013: $302,956Expenses 2013: $293,505Net Income 2013: $9,4512013Revenue 2014: $279,921Expenses 2014: $243,726Net Income 2014: $36,1952014Revenue 2015: $345,376Expenses 2015: $308,855Net Income 2015: $36,5212015Revenue 2016: $446,881Expenses 2016: $368,003Net Income 2016: $78,8782016Revenue 2017: $392,532Expenses 2017: $361,982Net Income 2017: $30,5502017Revenue 2018: $325,336Expenses 2018: $340,047Net Income 2018: -$14,7112018Revenue 2019: $324,483Expenses 2019: $298,869Net Income 2019: $25,6142019Revenue 2020: $204,000Expenses 2020: $120,909Net Income 2020: $83,0912020Revenue 2021: $318,019Expenses 2021: $334,792Net Income 2021: -$16,7732021Revenue 2022: $657,983Expenses 2022: $410,539Net Income 2022: $247,4442022Revenue 2023: $548,019Expenses 2023: $484,011Net Income 2023: $64,0082023Revenue 2024: $578,080Expenses 2024: $609,486Net Income 2024: -$31,4062024

Highlighted filing

2024

Revenue$578,080
Expenses$609,486
Net Income-$31,406

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.08$0.96$0.58$0.61$0.03
2023Summary only. Only limited summary data is available for this year.$1.08$0.09$0.99$0.55$0.48$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.10$0.94$0.66$0.41$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.08$0.83$0.32$0.33$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.09$0.84$0.20$0.12$0.08
2019Summary only. Only limited summary data is available for this year.$0.86$0.10$0.76$0.32$0.30$0.03
2018Summary only. Only limited summary data is available for this year.$0.85$0.11$0.74$0.33$0.34$0.01
2017Summary only. Only limited summary data is available for this year.$0.79$0.04$0.75$0.39$0.36$0.03
2016Summary only. Only limited summary data is available for this year.$0.77$0.05$0.72$0.45$0.37$0.08
2015Summary only. Only limited summary data is available for this year.$0.70$0.06$0.64$0.35$0.31$0.04
2014Summary only. Only limited summary data is available for this year.$0.69$0.07$0.61$0.28$0.24$0.04
2013Summary only. Only limited summary data is available for this year.$0.67$0.09$0.58$0.30$0.29$0.01
2012Summary only. Only limited summary data is available for this year.$0.67$0.10$0.57$0.25$0.29$0.04
2011Summary only. Only limited summary data is available for this year.$0.71$0.11$0.28$0.26$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$578,080
Mission and Program Overview

Mission

Non-profit committed to providing the best possible county fair that educates the community about agriculture, horticulture and varied sciences. Maintain facilities for community events.

County fair that educates the community about agriculture, horticulture & varied sciences through free & low-cost events

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$989,253$957,847▼ $31,406
Land, Buildings, and Equipment, Net$741,911$720,858▼ $21,053
Cash and Non-Interest-Bearing Accounts$341,147$319,127▼ $22,020
Accounts Receivable-$452-
Prepaid Expenses and Deferred Charges-$277-
Total Assets$1,083,058$1,040,714▼ $42,344
Liabilities
Mortgage Notes Payable Secured by Investment Property$93,745$82,867▼ $10,878
Accounts Payable and Accrued Expenses$60--
Total Liabilities$93,805$82,867▼ $10,938
Net Assets / Fund Balance
Total Net Assets Fund Balance$989,253$957,847▼ $31,406
Total Liabilities and Net Assets / Fund Balance$1,083,058$1,040,714▼ $42,344

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$674,058$1,092,193$1,766,251
Land$46,800-$46,800
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff McclurePresident
Lexis FrymoyerSecretary
Barb ColeTreasurer
Larry HubbsVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$44,219
Program Service Revenue
$526,701
Investment Income
$7,160
Other Revenue
$0
All Other Contributions
$35,077
Change in Net Assets
$-31,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$609,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$61,765--$61,765
Depreciation Depletion$52,428--$52,428
Total Functional Expenses$609,486$0$0$609,486
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
Backup withholding compliance
No
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
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

Form 990 is discussed at our monthly meetings

Form 990, Page 6, Part VI, Line 19

Annually our financial statements are published in the local newspaper

Filing and Contact Details

Filer

Filer Name
Davis County Agricultural Society
EIN
42-6016690
Phone
6418956566
Address
PO BOX 23, BLOOMFIELD, IA 52537

Signing Officer

Name
Barb Cole
Title
Treasurer
Phone
6417996482
Signed
2025-05-13

Organization Details

Principal Officer
Barb Cole
Formed
1900
Legal Domicile
Ia
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Anderson Larkin & Co Pc
Address
221 N WAPELLO, OTTUMWA, IA 52501
Preparer
Kenneth E Crosser
Phone
6416845489
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Davis county fair - free or low-cost activities & entertainment for davis county and surrounding area. Carnival, 4h & ffa livestock shows, stage shows, concessions & local vendors. Music festival - free bluegrass & country music festival. Several stage shows, camping & concessions. Serving around 200 camping units from across the usa & local public. Fort bloomfield rodeo - low-cost rodeo type entertainment with bull riding, team roping, clowns, concessions & fireworks.

Raw XML Appendix321 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.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0204000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02306100
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt046800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt046800
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0674058
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01092193
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01766251
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0720858
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVIS COUNTY FAIR - FREE OR LOW-COST ACTIVITIES & ENTERTAINMENT FOR DAVIS COUNTY AND SURROUNDING AREA. CARNIVAL, 4H & FFA LIVESTOCK SHOWS, STAGE SHOWS, CONCESSIONS & LOCAL VENDORS. MUSIC FESTIVAL - FREE BLUEGRASS & COUNTRY MUSIC FESTIVAL. SEVERAL STAGE SHOWS, CAMPING & CONCESSIONS. SERVING AROUND 200 CAMPING UNITS FROM ACROSS THE USA & LOCAL PUBLIC. FORT BLOOMFIELD RODEO - LOW-COST RODEO TYPE ENTERTAINMENT WITH BULL RIDING, TEAM ROPING, CLOWNS, CONCESSIONS & FIREWORKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS DISCUSSED AT OUR MONTHLY MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY OUR FINANCIAL STATEMENTS ARE PUBLISHED IN THE LOCAL NEWSPAPER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01083058
IRS990/TotalAssetsEOYAmt01040714
IRS990/TotalAssetsGrp/BOYAmt01083058
IRS990/TotalAssetsGrp/EOYAmt01040714
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0609486
IRS990/TotalFunctionalExpensesGrp/TotalAmt0609486
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt093805
IRS990/TotalLiabilitiesEOYAmt082867
IRS990/TotalLiabilitiesGrp/BOYAmt093805
IRS990/TotalLiabilitiesGrp/EOYAmt082867
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0989253
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0957847
IRS990/TotalOtherProgSrvcExpenseAmt0231082
IRS990/TotalProgramServiceExpensesAmt0609486
IRS990/TotalProgramServiceRevenueAmt0526701
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0533861
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0578080
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01083058
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01040714
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0401 W JEFFERSON
IRS990/USAddress/CityNm0BLOOMFIELD
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052537
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0DAVISCOUNTYFAIR.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BARB COLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06417996482
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVIS COUNTY AGRICULTURAL SOCIETY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SWAIM
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0426016690
ReturnHeader/Filer/PhoneNum06418956566
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 23
ReturnHeader/Filer/USAddress/CityNm0BLOOMFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052537
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421125570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON LARKIN & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0221 N WAPELLO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OTTUMWA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052501
ReturnHeader/PreparerPersonGrp/PhoneNum06416845489
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH E CROSSER
ReturnHeader/ReturnTs02025-05-20T14:34:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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