Civic Intelligence

Mchenry County Fair Foundation

990EZ • Fiscal year 2023 • EIN 45-5180382

Oct 01, 2022 to Sep 30, 2023 • Filed on Jul 16, 2024

PO Box 375 11900 Country Club RdWoodstock, IL 60098

(815) 338-5315

Siviq Scores

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

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

95th percentile

73%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$112,412

No earlier filing loaded for comparison.

Net Assets

$109,912

No earlier filing loaded for comparison.

Liabilities

$2,500

No earlier filing loaded for comparison.

Revenue

$83,312

No earlier filing loaded for comparison.

Expenses

$22,194

No earlier filing loaded for comparison.

Net Income

$61,118

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2023: $112,412Liabilities 2023: $2,500Net Assets 2023: $109,9122023Assets 2024: $72,560Liabilities 2024: $2,950Net Assets 2024: $69,6102024Assets 2025: $51,472Liabilities 2025: $2,500Net Assets 2025: $48,9722025

Highlighted filing

2023

Assets$112,412
Liabilities$2,500
Net Assets$109,912

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2023: $83,312Expenses 2023: $22,194Net Income 2023: $61,1182023Revenue 2024: $64,674Expenses 2024: $104,916Net Income 2024: -$40,2422024Revenue 2025: $65,688Expenses 2025: $86,326Net Income 2025: -$20,6382025

Highlighted filing

2023

Revenue$83,312
Expenses$22,194
Net Income$61,118
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jul 16, 2024
Return Version
2022v5.0
Gross Receipts
$83,312
Mission and Program Overview

Mission

Form 990ez - part iii - primary exemp purpose - to raise funds to support the maintenance of the mchenry county fairgrounds.

To raise funds to support the maintenance of the mchenry county fairgrounds.

Program Services

DescriptionGrantsExpenses
WE RAISE FUNDS TO SUPPORT THE MCHENRY COUNTY FAIRGROUNDS. THE FAIR IS THE LARGEST EVENT OF THE YEAR. THIS CONTINUES THE TRADITION OF EDUCATING OUR COMMUNITY ABOUT THE IMPORTANCE OF AGRICULTURE, AS WELL AS BEING INVOLVED IN OUR COUNTY FAIR. THE FACILITIES ARE SHARED WITH ORGANIZATIONS SUCH AS THE UNIVERSITY OF ILLINOIS WITH THE LOCAL 4-H CLUBS, THE MCHENRY COUNTY FARM BUREAU EVENTS AND MASTER GARDENERS WHO ALL SHARE OUR MISSION. MCHENRY COUNTY FAIR ALSO SUPPORTS MANY LOCAL AND STATE ORGANIZATIONS, INCLUDING HIGH SCHOOL SPORT TEAMS AND CLUBS ASSISTING THEM WITH FUNDRAISING OPPORTUNITIES DURING THE FAIR.$0$21,683
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEN BAUMANPresidentPT$0--
KIM MARTINSecretaryPT$0--
WADE HEISLERDirectorPT$0--
NICK ARMBRUSTDirectorPT$0--
TYLER WILKETreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Mchenry County Fair Foundation
EIN
45-5180382
Phone
8153385315
Address
PO BOX 375 11900 COUNTRY CLUB RD, WOODSTOCK, IL 60098

Signing Officer

Name
Ken Bauman
Title
Treasurer
Phone
8153385315
Signed
2024-07-16
Discuss with paid preparer
Yes

Preparer

Firm
Tighe Kress & Orr Pc
Address
2205 POINT BLVD SUITE 100, ELGIN, IL 60123
Preparer
Vicki M Michalski CPA
Phone
8476952700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: sales revenue. Amount: 5,575.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,483.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges and registration fees. Amount: 22. Description: credit card fees. Amount: 489. Description: diary barn improvements. Amount: 700. Description: mchenry county fair. Amount: 19,500. Total to form 990-ez, line 16: 20,711.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 60. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 19,277.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loan from association. Beg. Of year amount: 2,500. End of year amount: 2,500.

Raw XML Appendix174 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/ProgramServiceRevenueAmt01500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SALES REVENUE. AMOUNT: 5,575.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 1,483.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK CHARGES AND REGISTRATION FEES. AMOUNT: 22. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 489. DESCRIPTION: DIARY BARN IMPROVEMENTS. AMOUNT: 700. DESCRIPTION: MCHENRY COUNTY FAIR. AMOUNT: 19,500. TOTAL TO FORM 990-EZ, LINE 16: 20,711.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 60. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 19,277.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: LOAN FROM ASSOCIATION. BEG. OF YEAR AMOUNT: 2,500. END OF YEAR AMOUNT: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PhoneNum08153385315
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICKI M MICHALSKI CPA
ReturnHeader/ReturnTs02024-07-17T09:11:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

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