OHIO COUNTY & INDEPENDENT AGRICULTURAL SOCIETIES

EIN: 310563819 501(c)(3) Food, Agriculture & Nutrition

LEBANON, OH

Total Revenue
$1,569,342
Total Expenses
$1,426,145
Total Assets
$183,360
Net Assets
$183,360
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
OH
Principal Officer
Casey Fodor
Phone
5139322636
Tax Period
2023-12-01 to 2024-11-30

OHIO COUNTY & INDEPENDENT AGRICULTURAL SOCIETIES, founded in 1962, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.4M left a modest 9% surplus.

Mission

Operation of Agricultural Fairgrounds

Program Service Accomplishments

Program 1
Expenses: $415,035 Revenue: $503,044

The Agricultural Society presents a fair annually. The related activity leading up to and after the fair is classified under this program classification.

Program 2
Expenses: $699,728 Revenue: $504,517

The Agricultural Society has other programs such as stalls tack shop track kitchen that related back and support the fair board activities including the annual fair. For this year it also includes...

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The Agricultural Society has other programs such as stalls tack shop track kitchen that related back and support the fair board activities including the annual fair. For this year it also includes the purchase of property that is critical to the operation of the Societys overall site

Program 3
Expenses: $39,864 Revenue: $115,191

The Agricultural Societys landlord Warren County Commissioners built an events center to help offset fairground maintenance and costs.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $304,910
Program Service Revenue $1,122,752
Investment Income $5
Other Revenue $141,675
TOTAL REVENUE $1,569,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $450,529
Fundraising Expenses $0
Program Expenses $1,154,627
Other Expenses $975,616
TOTAL EXPENSES $1,426,145

Year-over-Year Comparison

2023 2022 Change
Revenue $1,569,342 $2,088,298 -0.2%
Expenses $1,426,145 $2,091,977 -0.3%
Net Income $143,197 $-3,679 -39.9%
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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Governance

Voting Members
12
Independent Members
12
Employees
13
Volunteers
N/A

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dana Letner President 2.00
Officer Director
$0 $0 $0
Ben Combs Vice President 1.00
Officer Director
$0 $0 $0
Casey Fodor Director-Treasurer Aug to Nov 2024 2.00
Officer Director
$0 $0 $0
Allen Suit Secretary 1.00
Officer Director
$0 $0 $0
Chris Lutmer Director 0.50
Director
$0 $0 $0
Todd Carter Director 0.50
Director
$0 $0 $0
Dee Woebkenberg Director 0.50
Director
$0 $0 $0
Jacqueline Sechrist Director 0.50
Director
$0 $0 $0
Mike Monroe Treasurer Dec 2023 to July 2024 then Director 0.50
Director
$0 $0 $0
Jim Breen Director - Resigned during 2024 0.50
Director
$0 $0 $0
Two open spots Director 0.00
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 $1,569,342 $1,426,145 $183,360 $143,197
2023 $2,088,298 $2,091,977 $40,163 $-3,679
2022 $1,522,629 $1,645,953 $43,842 $-123,324
2021 $1,115,027 $998,336 $167,166 $116,691
2020 $1,205,004 $1,386,030 $39,177 $-181,026
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