Des Moines County Fair Association

Nonprofit profile at a glance

EIN
420684988
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Burlington, IA, USA
Phone
3192082571
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Celebrations

Official website

Reported finances

Revenue
$179,565
Expenses
$142,519
Assets
$57,585

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • TRAVIS HOLSTEEN (PRESIDENT)

People named in this filing

  • TRAVIS HOLSTEEN (PRESIDENT)
  • JASON MCCLURE (VICE PRESIDE)
  • CASS PFEIFF (TREAS./SEC./)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote & hold agricultural, horticultural, young, women's, mechanical arts, industrial and commercial projects, fairs and expositions.

What it reported doing in 2024

The fair association holds a one week fair each summer, which provides nightly agricultural shows and educational opportunities for six nights. The fair has youth exhibitors and open exhibitors presenting their exhibits. The fair also has numerous commercial exhibitors, entertainment acts and a fireworks display. The fair is free to the public.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.1%; rating input score 76
  • Program expense ratio: 95.9%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 20.6%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 11.3%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 76.1% of revenue deployed · 95.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $137K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.