Albion Area Fair Inc (EIN 251776400) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Shelley Faytak

Phone

8147565005

Tax Period

2024-01-01 to 2024-12-31

Albion Area Fair Inc, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $327K in total revenue in fiscal year 2024. Expenses of $288K left a modest 12% surplus.

Mission

Annual Agricultural Fair.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $33,643

Program Service Revenue $293,260

Investment Income $223

Other Revenue $0

TOTAL REVENUE $327,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $287,615

Other Expenses $287,615

TOTAL EXPENSES $287,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$327,126	$327,958	0.0%
Expenses	$287,615	$277,222	+0.0%
Net Income	$39,511	$50,736	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joan Baxer	Director	2.00	Director	$0	$0	$0
Randy Hites	President	2.00	Officer Director	$0	$0	$0
Jean Miller	PSACF Director	2.00	Director	$0	$0	$0
Jeanne Miller	Secretary	2.00	Officer Director	$0	$0	$0
Jane Ryan	Corr. Secretary	2.00	Director	$0	$0	$0
Angie Kiedaisch	Pull Track Mgmr	2.00	Director	$0	$0	$0
Shelley Faytak	Treasurer	10.00	Officer Director	$0	$0	$0
Isaac Harrington	Fair Mgr	2.00	Director	$0	$0	$0
Eric Swanson	Asst Fair Mgr 1	2.00	Director	$0	$0	$0
Julie Schmidt	Vice President	2.00	Director	$0	$0	$0
Dave Gabel	Concession Mgr2	2.00	Director	$0	$0	$0
Brian English	Second Vice Pre	2.00	Director	$0	$0	$0
Keith Kiedaisch	Director	2.00	Director	$0	$0	$0
Bob Harrington	Director	2.00	Director	$0	$0	$0
Justin Rhoades	Director	2.00	Director	$0	$0	$0
Jesse Fedor	Director	2.00	Director	$0	$0	$0
Tim Crane	Director	2.00	Director	$0	$0	$0
Michele White	Prgm. Sup.Asst. Prgm. Sup	2.00	Director	$0	$0	$0
Lauren Pude	Asst. Prgm. Sup	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$327,126	$287,615	$841,139	$39,511
2023	$327,958	$277,222	$801,628	$50,736
2022	$281,120	$279,057	$750,892	$2,063
2021	$267,884	$246,893	$748,829	$20,991
2020	$139,749	$99,838	$727,838	$39,911
2019	$331,299	$275,676	$687,927	$55,623
2018	$314,638	$254,904	$632,304	$59,734

Albion Area Fair Inc