Pope County Agricultural Society

Nonprofit profile at a glance

EIN
920233634
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Glenwood, MN, USA
Phone
3206344123
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Agricultural Programs

Reported finances

Revenue
$124,993
Expenses
$133,480
Assets
$232,442
Liabilities
$5,892

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • RYAN KVAM (Vice President)
  • DALE CARTER (President)

People named in this filing

  • NADA CARTER (Secretary)
  • DON CLELAND (Director)
  • SHARON CLELAND (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide the organizational structure and facilities to hold county fairs and other events for educational and socialization benefit of the citizens of west central Minnesota.

What it reported doing in 2024

The organization holds an annual county fair which is attended by approximately 12,000 to 15,000 people each year. The county fair provides an opportunity for youth to exhibit agricultural, horticultural, home economics, and other 4-H and FFA projects. These projects are judged by experts and the exhibitors share and expand their knowledge within their project areas through the interactive judging process. There are also open class exhibits, environmental exhibits and displays, commercial exhibits and displays and exhibits by other non-profit organizations. 175 4-H youth displayed over 1,340 exhibits at the 2010 Pope County Fair. This is in addition to several hundred open class exhibits and FFA exhibits.

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

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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.74; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 2% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $127K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2012 to 2024
  • 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.

  • High — Sustainability: Operating margin scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.