Hancock County Agricultural Society

Nonprofit profile at a glance

EIN
344445804
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Findlay, OH, USA
Phone
4194297344
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Agricultural Programs

Official website

Reported finances

Revenue
$2,751,333
Expenses
$2,299,713
Assets
$1,951,533
Liabilities
$191,919

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • LEVI BEAGLE (PRESIDENT)
  • DARRELL BAIRD (VICE PRESIDENT)

People named in this filing

  • LEVI BEAGLE (PRESIDENT)
  • DARRELL BAIRD (VICE PRESIDENT)
  • JOHN LIVINGSTON (TREASURER)

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

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage, assist, and engage the participation of the youth of hancock county, Ohio, to become active with the hancock county fair; to encourage, assist, and engage persons wishing to support the youth of hancock county in their participation with the hancock county fair; and to provide and maintain facilities where entertainment and agricultural education are available to the entire community it serves.

What it reported doing in 2023

The hancock county agricultural society hosts the hancock county fair, a multi-day event that draws tens of thousands of visitors to celebrate agriculture, livestock, and rural life. The fair features educational exhibits, youth competitions, horticultural showcases, motorsports, live entertainment, and community gatherings. Through these programs, the society promotes agricultural and horticultural advancement, educates the public on farming and home economics, and strengthens civic pride and intergenerational connection across hancock county.

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 98% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.2%; rating input score 82
  • Program expense ratio: 98%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.1%; rating input score 99; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.4%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 82.2% of revenue deployed · 98% of spending went to programs
  • Governance: 25 of 25 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.3M in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.