Franklin County Agricultural Societ
Nonprofit profile at a glance
- EIN
- 481162106
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Ottawa, KS, USA
- Phone
- 7852422836
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $108,600
- Expenses
- $130,058
- Assets
- $345,127
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- JUSTIN WEBB (PRESIDENT)
People named in this filing
- RICK FERGUSON (DIRECTOR)
- BRAD SHOEMAKER (DIRECTOR)
- JUSTIN WEBB (PRESIDENT)
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
The franklin county agricultural society sponsors the franklin county fair. The fair is held annually to promote education in domestic and agricultural enterprises for the people of franklin and surrounding counties through exhibits, competition, and demonstrations. The fair also provides a venue for youth and other residents to showcase projects they have completed during the year. The fair also provides entertainment which generally consists of rodeo, barbecue, demolition derby and carnival. A livestock auction for the 4-h and ffa livestock exhibitors concludes the fair.
What it reported doing in 2024
Annual county fair provides exhibitions and demonstrations of domestic and agricultural endeavors. The fair also provides entertainment.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- 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. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.8%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -19.8%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 2.65; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $119K in reported program spending
- Leadership: top reported pay $0 · 20 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 8/100.