WINNEBAGO COUNTY FAIR ASSOCIATION INC

EIN: 366110466 501(c)(3) Recreation & Sports

PECATONICA, IL

Total Revenue
$1,003,780
Total Expenses
$918,202
Total Assets
$1,342,501
Net Assets
$1,061,147
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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
1952
Legal Domicile
IL
Principal Officer
PAUL SHIPPY
Phone
8152391641
Tax Period
2023-01-01 to 2023-12-31

WINNEBAGO COUNTY FAIR ASSOCIATION INC, founded in 1952, is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2023. Expenses of $918K left a modest 9% surplus.

Mission

TO PROVIDE A WELL-MAINTAINED FACILITY FOR THE COMMUNITY DURING THE FAIR AND THROUGHOUT THE YEAR

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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 $81,209
Program Service Revenue $724,146
Investment Income $0
Other Revenue $198,425
TOTAL REVENUE $1,003,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,149
Fundraising Expenses $0
Program Expenses $823,528
Other Expenses $793,053
TOTAL EXPENSES $918,202

Year-over-Year Comparison

2023 2022 Change
Revenue $1,003,780 $958,205 +0.0%
Expenses $918,202 $826,289 +0.1%
Net Income $85,578 $131,916 -0.4%
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
27
Independent Members
23
Employees
38
Volunteers
100

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
$11,500
Total Directors
27
$11,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH BEAN PRESIDENT 15.00
Officer Director
$5,000 $0 $5,000
STEVE VANVLECK VICE PRESIDE 15.00
Officer Director
$1,000 $0 $1,000
PAUL SHIPPY TREASURER 15.00
Officer Director
$4,000 $0 $4,000
KYAH BEAN SECRETARY 15.00
Officer Director
$1,500 $0 $1,500
BRIAN ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
NICK BERRY BOARD MEMBER 1.00
Director
$0 $0 $0
JAYMES CROZIER BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD DUMMER BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY FINLEY BOARD MEMBER 1.00
Director
$0 $0 $0
NICK FORD BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL HALAS BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE HARKER BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN HUTTING BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY HUTTING BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMIAH JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD KNUTTI BOARD MEMBER 1.00
Director
$0 $0 $0
LOGAN KNUTTI BOARD MEMBER 1.00
Director
$0 $0 $0
DALE REMMERS BOARD MEMBER 1.00
Director
$0 $0 $0
JASON ROLLINGER BOARD MEMBER 1.00
Director
$0 $0 $0
DEB RUNTE BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDON SHERE BOARD MEMBER 1.00
Director
$0 $0 $0
DEANNA SHERE BOARD MEMBER 1.00
Director
$0 $0 $0
WAYNE SHERE BOARD MEMBER 1.00
Director
$0 $0 $0
TIM SWANSON BOARD MEMBER 1.00
Director
$0 $0 $0
AUSTIN VANVLECK BOARD MEMBER 1.00
Director
$0 $0 $0
GREG WAGNER BOARD MEMBER 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
2024 No data No data No data No data
2023 $1,003,780 $918,202 $1,342,501 $85,578
2022 $958,205 $826,289 $1,364,843 $131,916
2021 $808,747 $746,428 $1,319,851 $62,319
2018 $770,370 $734,092 $1,415,669 $36,278
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