Ottawa County Fair Association
Nonprofit profile at a glance
- EIN
- 386089492
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Holland, MI, USA
- Phone
- 6163994904
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $541,644
- Expenses
- $577,913
- Assets
- $185,459
- Liabilities
- $9,082
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- WARD GRIGSBY (PRESIDENT)
- CHRIS GOOLSBY (VICE PRESIDENT)
Highest reported compensation
- CHRIS GOOLSBY (VICE PRESIDENT): $1,522 total reported compensation
- RUSS VAN KAMPEN (DIRECTOR): $920 total reported compensation
- BRENT MACDONALD (SECRETARY): $920 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide fun family activities for local residents
What it reported doing in 2024
Ottawa county fair association provides activities for the ottawa county 4-h club; carnival rides, shows, and other attractions for thousands of west Michigan residents.
Operating model
- Revenue model
- Earned-program. 75% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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 and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Accountability: 91
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.1%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.7%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 1.6%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.1% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $2K · 11 people listed
- Consistency: 21 of 23 current checks pass · 2 findings to review
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- 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 21/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX DepreciationDepletion column sum did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.