Guthrie County Fair Foundation

Nonprofit profile at a glance

EIN
371790355
IRS 990-EZ coverage
2016–2025
Forms available
Form 990 2022, Form 990-EZ 2025, Form 990-N 2015
Location
Guthrie Center, IA, USA
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fairs

Reported finances

Revenue
$95,038
Expenses
$76,377
Assets
$37,970

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • C W THOMAS (President)
  • JOHN KNOBBE (Vice President)

People named in this filing

  • SCOTT MCCLELLAN (Director)
  • C W THOMAS (President)
  • DALE BEHRENDS (Director)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide support to the guthrie county agricultural society for capital improvement including agricultural education, growth of the arts, and historical preservation for future generations.

What it reported doing in 2025

The purpose of the guthrie county fair foundation is to provide supplementary financial support for proposed restoration of the historical buildings of the guthrie county agricultural society and to add capital improvements to preserve the integrity of the fine arts and agricultural education of our county and state for future generations.the 2023 fundraiser went toward the construction of a new show ring to be used to support multiple fair activities supporting the youth- such as the livestock shows;4-h foodstand; etc.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.2%; rating input score 70
  • Program expense ratio: 87.4%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 19.6%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 70.2% of revenue deployed · 87.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.