Lucas County Fair Association (EIN 260506277) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Clarence E Loynachan

Phone

6417742473

Tax Period

2024-10-01 to 2025-09-30

Lucas County Fair Association, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $136K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $155K exceeded revenue, resulting in a 14% operating deficit.

Mission

Organization and operation of a county fair in Lucas COunty, Iowa.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $66,004

Program Service Revenue $39,846

Investment Income $406

Other Revenue $29,768

TOTAL REVENUE $136,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $116,380

Other Expenses $155,487

TOTAL EXPENSES $155,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,024	$153,108	-0.1%
Expenses	$155,487	$138,745	+0.1%
Net Income	$-19,463	$14,363	-2.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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
Clarence E Loynachan	President	1.00	Director	$0	$0	$0
Macy Smith	Director	1.00	Director	$0	$0	$0
Ashley Druckenmiller	Director	1.00	Director	$0	$0	$0
Kristy Bear	Director	1.00	Director	$0	$0	$0
Casey Shanks	Director	1.00	Director	$0	$0	$0
Dusty Cain	Director	1.00	Director	$0	$0	$0
Brian Beaty	Vice President	1.00	Director	$0	$0	$0
Jackie Gunzenhauser	Secretary	1.00	Director	$0	$0	$0
Megan Loynachan	Treasurer	1.00	Director	$0	$0	$0
Macey McConahay	Director	1.00	Director	$0	$0	$0
Adam Schultz	Director	1.00	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
2025	$136,024	$155,487	$995,820	$-19,463
2024	$153,108	$138,745	$998,410	$14,363
2023	$263,831	$161,638	$995,264	$102,193
2022	$316,949	$130,671	$881,837	$186,278
2021	$172,269	$113,220	$696,003	$59,049
2020	$62,166	$73,219	$641,469	$-11,053
2019	$377,251	$50,867	$652,522	$326,384

Lucas County Fair Association