ROSEAU COUNTY AGRICULTURAL SOCIETY INC (EIN 410628592) - 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

1904

Legal Domicile

Principal Officer

RICHARD MAGNUSSON

Phone

2184633387

Tax Period

2023-10-01 to 2024-09-30

ROSEAU COUNTY AGRICULTURAL SOCIETY INC, founded in 1904, is a small nonprofit that reported $370K in total revenue in fiscal year 2023.

Mission

PRODUCTION OF ROSEAU COUNTY FREE GATE FAIR FOR ALL TO ATTEND FOR ENTERTAINENT AND TO SHOW THEIR EXHIBITS AND ANIMALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $78,728

Program Service Revenue $290,098

Investment Income $352

Other Revenue $810

TOTAL REVENUE $369,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,549

Fundraising Expenses $0

Program Expenses $361,535

Other Expenses $333,986

TOTAL EXPENSES $361,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$369,988	$359,793	+0.0%
Expenses	$361,535	$334,654	+0.1%
Net Income	$8,453	$25,139	-0.7%

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

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

$1,800

Total Directors

$1,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SELVIN ERICKSON JR	PRESIDENT	10.00	Officer Director	$0	$0	$0
DALE BILLBERG	VICE-PRESIDENT	10.00	Officer Director	$0	$0	$0
MARK WILSON	TREASURER	10.00	Officer Director	$0	$0	$0
RICHARD MAGNUSSON	SECRETARY	10.00	Officer Director	$1,800	$0	$1,800

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	$369,988	$361,535	$662,494	$8,453
2023	$359,793	$334,654	$653,995	$25,139
2022	$363,103	$293,549	$628,016	$69,554
2021	$335,688	$268,576	$560,001	$67,112
2020	$43,978	$58,592	$491,187	$-14,614

ROSEAU COUNTY AGRICULTURAL SOCIETY INC