ASHLAND COUNTY AGRICULTURAL SOCIETY INC

EIN: 340791444 501(c)(3) Food, Agriculture & Nutrition

ASHLAND, OH

Total Revenue
$2,460,464
Total Expenses
$1,149,759
Total Assets
$3,742,150
Net Assets
$3,731,401
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1851
Legal Domicile
OH
Principal Officer
CATHERINE RICE
Phone
4192890466
Tax Period
2023-12-01 to 2024-11-30

ASHLAND COUNTY AGRICULTURAL SOCIETY INC, founded in 1851, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 53% operating margin.

Mission

ORGANIZE AND CONDUCT THE ANNUAL COUNTY FAIR. THIS IS A 7 DAY EVENT. THE PURPOSE OF THE FAIR IS TO IMPROVE THE AGRICULTURE, DOMESTIC INDUSTRY, AND SUCH INTERESTS OF THE COUNTY AS THE BOARD DEEMS PROPER.

Program Service Accomplishments

Program 1
Expenses: $579,780 Revenue: $688,663

ORGANIZED AND CONDUCTED THE ANNUAL COUNTY FAIR. THIS IS A SEVEN (7) DAY EVENT. THERE WERE A TOTAL OF 419 EXHIBITORS ENTERED 955 ENTRIES FOR JUDGING AND DISPLAY. 1,374 JUNIOR FAIR MEMBERS ENTERED...

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ORGANIZED AND CONDUCTED THE ANNUAL COUNTY FAIR. THIS IS A SEVEN (7) DAY EVENT. THERE WERE A TOTAL OF 419 EXHIBITORS ENTERED 955 ENTRIES FOR JUDGING AND DISPLAY. 1,374 JUNIOR FAIR MEMBERS ENTERED 1,793 ENTRIES FOR JUDGING AND DISPLAY. USED 600 FAIRBOOKS FROM 2024 FOR SENIOR FAIR AND 0 JR. FAIR BOOKS, ONLINE FOR 2024.

Program 2
Expenses: $137,481 Revenue: $234,788

MAINTAINED GROUNDS AND BUILDINGS. GOAL IS TO KEEP BUILDINGS AND GROUNDS IN GOOD REPAIR TO GIVE THE PUBLIC A SAFE ENVIRONMENT TO ENJOY. ONGOING IMPROVEMENTS TO EXISTING AND NEW BUILDINGS WERE MADE.

Program 3
Expenses: $136,926 Revenue: $16,054

HARNESS RACING THERE WERE TWO HARNESS RACE PROGRAMS HELD DURING THE FAIR. SHEEP & SWINE JACKPOT EVENT - THIS WAS A START-UP EVENT FOR JR FAIR MEMBERS TO SHOW THEIR SHEEP & SWINE. EVENT ONLY USED...

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HARNESS RACING THERE WERE TWO HARNESS RACE PROGRAMS HELD DURING THE FAIR. SHEEP & SWINE JACKPOT EVENT - THIS WAS A START-UP EVENT FOR JR FAIR MEMBERS TO SHOW THEIR SHEEP & SWINE. EVENT ONLY USED ASHLAND CO FAIR EIN FOR A SHORT TIME, BEFORE GOING OUT ON THEIR OWN.

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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 $1,504,905
Program Service Revenue $939,505
Investment Income $14,300
Other Revenue $1,754
TOTAL REVENUE $2,460,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $253,111
Fundraising Expenses $25,311
Program Expenses $854,187
Other Expenses $896,648
TOTAL EXPENSES $1,149,759

Year-over-Year Comparison

2023 2022 Change
Revenue $2,460,464 $1,220,712 +1.0%
Expenses $1,149,759 $1,150,638 0.0%
Net Income $1,310,705 $70,074 +17.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
30
Independent Members
30
Employees
72
Volunteers
308

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
2
$0
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLTON ALLEMAN DIRECTOR 1.00
Director
$0 $0 $0
MANDY ATTERHOLT DIRECTOR 1.00
Director
$0 $0 $0
JIM BEATTIE DIRECTOR 1.00
Director
$0 $0 $0
BEN CARPENTER DIRECTOR/1ST 1.00
Director
$0 $0 $0
JACOB CARPENTER DIRECTOR 1.00
Director
$0 $0 $0
EDNA COX DIRECTOR 1.00
Director
$0 $0 $0
SUSAN DENBOW DIRECTOR 1.00
Director
$0 $0 $0
WESLEE FLIGER DIRECTOR 1.00
Director
$0 $0 $0
WYATT FLIGER DIRECTOR 1.00
Director
$0 $0 $0
WALT GRAVEN DIRECTOR 1.00
Director
$0 $0 $0
BARBARA HENDRIX DIRECTOR 1.00
Director
$0 $0 $0
DONALD FOSTER III DIRECTOR 1.00
Director
$0 $0 $0
MITCH JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
JEFF JONES DIRECTOR/2ND 1.00
Director
$0 $0 $0
KRISTINE LAFEVER DIRECTOR 1.00
Director
$0 $0 $0
DENNY LUKITY DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE MAYNARD DIRECTOR 1.00
Director
$0 $0 $0
TERRY MCCONNELL DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM NOLAN DIRECTOR 1.00
Director
$0 $0 $0
SHANE QUEER DIRECTOR 1.00
Director
$0 $0 $0
MARK RAFELD DIRECTOR 1.00
Director
$0 $0 $0
ADAM REIDENBACH DIRECTOR 1.00
Director
$0 $0 $0
MELVIN REISINGER DIRECTOR 1.00
Director
$0 $0 $0
DAVE SNYDER DIRECTOR 1.00
Director
$0 $0 $0
SUSAN STAKE DIRECTOR 1.00
Director
$0 $0 $0
DAN STONE DIRECTOR 1.00
Director
$0 $0 $0
RYAN TWINING DIRECTOR 1.00
Director
$0 $0 $0
MARK WERTZ DIRECTOR 1.00
Director
$0 $0 $0
MARTIN WESNER DIRECTOR/PRE 1.00
Director
$0 $0 $0
KEN WOODE DIRECTOR 1.00
Director
$0 $0 $0
BARRY LITTEN MANAGER 40.00
Officer
$0 $0 $0
CATHERINE RICE TREASURER 40.00
Officer
$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 $2,460,464 $1,149,759 $3,742,150 $1,310,705
2023 $1,220,712 $1,150,638 $2,443,596 $70,074
2022 $1,153,853 $1,043,345 $2,378,661 $110,508
2021 $992,932 $921,355 $2,271,956 $71,577
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