Martinsville Agricultural Fair Association Inc
Nonprofit profile at a glance
- EIN
- 371387469
- IRS 990 coverage
- 2011–2025
- Forms available
- Form 990 2025
- Location
- Martinsville, IL, USA
- Phone
- 2173825512
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fairs
Reported finances
- Revenue
- $506,012
- Expenses
- $429,542
- Assets
- $1,470,914
- Liabilities
- $142,451
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- BOB ZELLERS (PRESIDENT)
People named in this filing
- BARRET VON BEHREN (TREASURER)
- BRIAN BENNETT (DIRECTOR)
- SCOTT BENNETT (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage, promote and conduct civic, patriotic, athletic, educational, agricultural and horticultural enterprises and events, and in furtherance of same but not in limitation therof to furnish facilities for and to conduct an agricultural fair with exhibits of farm products, livestock, poultry, and products of horticulture, floriculture, culinary and domestic arts, 4-h club work, school and educational work, and machinery, and in general to do all things usually done or furnished in and about the conducting of a county fair.
What it reported doing in 2025
To conduct the martinsville agricultural fair on an annual basis in order to continue to the core mission of the organization.
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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 92
- Accountability: 46
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.2%; rating input score 58
- Program expense ratio: 68.2%; rating input score 68
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 67.9%; rating input score 68; 18th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.1%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 3.42; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 3.6% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 58.2% of revenue deployed · 68.2% of spending went to programs
- Governance: 19 of 28 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $293K in reported program spending
- Leadership: top reported pay $0 · 28 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2025
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.