SAGINAW COUNTY AGRICULTURAL SOCIETY

EIN: 381360783

CHESANING, MI

Total Revenue
$860,087
Total Expenses
$892,760
Total Assets
$2,416,698
Net Assets
$1,830,079
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
MI
Principal Officer
BEVERLY NEWTON
Phone
9898452143
Tax Period
2023-10-01 to 2024-09-30

SAGINAW COUNTY AGRICULTURAL SOCIETY, founded in 1913, is a small nonprofit that reported $860K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Net assets of $1.8M represent 26 months of operating reserves.

Mission

TO ORGANIZE AND RUN COUNTY FAIR FOR THE BENEFIT OF THE COMMUNITY, PROVIDE A SHOWCASE FOR AGRICULTURE, PROVIDE AN OPPORTUNITY FOR YOUTH TO DEVELOP LIFE SKILLS THROUGH AGRICULTURE.

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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 $0
Program Service Revenue $859,599
Investment Income $88
Other Revenue $400
TOTAL REVENUE $860,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,616
Fundraising Expenses $0
Program Expenses $902,447
Other Expenses $872,144
TOTAL EXPENSES $892,760

Year-over-Year Comparison

2023 2022 Change
Revenue $860,087 $1,037,399 -0.2%
Expenses $892,760 $853,591 +0.0%
Net Income $-32,673 $183,808 -1.2%
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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Governance

Voting Members
16
Independent Members
16
Employees
1
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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM ASKINS TRUSTEE N/A
Director
$0 $0 $0
DICK BORM TRUSTEE N/A
Director
$0 $0 $0
LETITIA A BYRNE TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL BYRNE TRUSTEE N/A
Director
$0 $0 $0
SCOTT CONNER TRUSTEE N/A
Director
$0 $0 $0
ROSIE GARCIA TRUSTEE N/A
Director
$0 $0 $0
RICH KOWSKI VICE PRESIDE N/A
Officer Director
$0 $0 $0
BRIAN KRAMER TRUSTEE N/A
Director
$0 $0 $0
SHARON KUKULIS TRUSTEE N/A
Director
$0 $0 $0
BEVERLY NEWTON PRESIDENT N/A
Officer Director
$0 $0 $0
VALERIE NEWTON TRUSTEE N/A
Director
$0 $0 $0
LANA ROBINETTE TRUSTEE N/A
Director
$0 $0 $0
JEFF ROY TRUSTEE N/A
Director
$0 $0 $0
GRETCHEN SCHULTE TRUSTEE N/A
Director
$0 $0 $0
JEFF TOMPA TRUSTEE N/A
Director
$0 $0 $0
TAMMY VOGELAAR SECRETARY N/A
Officer 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 No data No data No data No data
2024 $860,087 $892,760 $2,416,698 $-32,673
2023 $1,037,315 $853,591 $2,424,859 $183,724
2022 $915,329 $810,695 $2,502,870 $104,634
2021 $855,880 $771,992 $2,433,080 $83,888
2020 $130,899 $240,757 $2,371,563 $-109,858
2019 $798,227 $756,896 $2,519,072 $41,331
2018 $749,319 $827,784 $2,496,884 $-78,465
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