Vernon County Ag Foundation Inc

Nonprofit profile at a glance

EIN
862800602
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Viroqua, WI, USA
Phone
6086344064
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Food, Agriculture, and Nutrition N.E.C.

Reported finances

Revenue
$24,685
Expenses
$152,829
Assets
$35,252
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BILL MAROHL (PRESIDENT)
  • DAVID HORNBY (VICE PRESIDENT)

People named in this filing

  • BILL MAROHL (PRESIDENT)
  • DAVID HORNBY (VICE PRESIDENT)
  • PAUL LARSEN (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop programs to focus public attention on the agricultural and educational services furnished and supported by the fair, together with the facilities and needs of the fair and vernon county; stimulate and encourage the gifts of funds, suitable property and equipment, endowments and bequests to the foundation on behalf of the fair; and to receive, hold, manage, use and dispose of funds and properties of all kinds, whether given absolutely or in trust, for the benefit of the vernon county agricultural society, inc. Dba vernon county fair.

What it reported doing in 2025

Develop programs to focus public attention on the agricultural and educational services furnished and supported by the fair.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.2%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -519.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 79.6% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -4% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: -15.8% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $152K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.