Missaukee Agricultural Youth Show Falmouth Michigan

Nonprofit profile at a glance

EIN
582680426
IRS 990 coverage
2014–2022
Forms available
Form 990 2022
Location
Falmouth, MI, USA
Phone
2318262006
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Agricultural Programs

Reported finances

Revenue
$565,942
Expenses
$537,990
Assets
$575,314
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SUSAN BEERENS (PRESIDENT)

People named in this filing

  • KASIA AGEMA (DIRECTOR)
  • CHRIS MARTZ (DIRECTOR)
  • SUSAN BEERENS (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. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the interest of agriculture, horticulture, arts and sciences through a fair setting which helps provide entertainment that draws people from the outside to experience what the youth has accomplished.

What it reported doing in 2022

The livestock sale is held at the end of the fair for the youth participants and is part of the final process in our goal to encourage the youth to learn about agriculture. The youth purchase their animals and learn during the year how to care for them in the areas of feeding, maintaining a clean environment as well as working with their animals to be able to show them before a judge. The final part of the learning process is selling their animal. The youth learn how to present both their animals as well as themselves. The confidence, leadership, farm management skills, to list a few, are all skills that the youth gain from participating. The youth learn from each other and learn about other animals that they do not have themselves.

Operating model

Revenue model
Earned-program. 95% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.4%; rating input score 91
  • Program expense ratio: 96.2%; rating input score 96
  • Fundraising efficiency: $10.16 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • 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: 4.9%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: 6.6% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 91.4% of revenue deployed · 96.2% of spending went to programs
  • Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $518K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2014 to 2022
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.