CARVER COUNTY AGRICULTURAL SOCIETY CARVER COUNTY FAIR

EIN: 410712101 501(c)(3) Food, Agriculture & Nutrition

WACONIA, MN

Total Revenue
$1,130,717
Total Expenses
$928,657
Total Assets
$3,711,393
Net Assets
$3,711,393
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
MN
Principal Officer
JIM KLEIN
Phone
9524422333
Tax Period
2024-10-01 to 2025-09-30

CARVER COUNTY AGRICULTURAL SOCIETY CARVER COUNTY FAIR, founded in 1953, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $202K, a strong 18% operating margin.

Mission

THE CARVER COUNTY FAIR WORKS TO BRING CARVER COUNTY AGRICULTURE, BUSINESS AND RESIDENTIAL COMMUNITIES TOGETHER. THIS IS DONE THROUGH EDUCATION AND INFORMATION PROVIDED TO CARVER COUNTY COMMUNITY. THIS IS DONE BY HOSTING AN ANNUAL FAIR FIVE DAYS EACH YEAR IN THE MONTH OF AUGUST. THE PURPOSE OF THE FAIR IS TO PROVIDE A MEANS TO SHARE AND COORDINATE THE USE OF THE CARVER COUNTY FAIRGROUNDS, TO PRODUCE THE ANNUAL CARVER COUNTY FAIR AND TO PROMOTE HARMONY AND GOODWILL WITHIN THE COMMUNITY. THE GOAL IS TO UNIFY THE AGRICULTURE, BUSINESS AND COMMUNITY MEMBERS IN A FUN, FAMILY CENTERED ATMOSPHERE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $169,763
Program Service Revenue $915,069
Investment Income $38,736
Other Revenue $7,149
TOTAL REVENUE $1,130,717

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,694
Fundraising Expenses $0
Program Expenses $862,632
Other Expenses $861,963
TOTAL EXPENSES $928,657

Year-over-Year Comparison

2024 2023 Change
Revenue $1,130,717 $1,246,649 -0.1%
Expenses $928,657 $877,448 +0.1%
Net Income $202,060 $369,201 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
5
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
0
$0
Total Directors
21
$31,716
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM KLEIN PRESIDENT 5.00
Director
$0 $0 $0
MELDON MELCHER 1ST VICE PRESIDENT 5.00
Director
$0 $0 $0
STEVE ROLF 2ND VICE PRESIDENT 5.00
Director
$0 $0 $0
LAURA PAVEK TREASURER 5.00
Director
$0 $0 $0
JASON HARMS SECRETARY 5.00
Director
$0 $0 $0
MELISSA BISEK DIRECTOR 1.00
Director
$0 $0 $0
SHAWN DALCHOW DIRECTOR 1.00
Director
$0 $0 $0
BILL FLUSEMAN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT FLUSEMAN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
BRIAN LENZEN DIRECTOR 1.00
Director
$0 $0 $0
KEN NORMAN DIRECTOR 1.00
Director
$0 $0 $0
ALEX KLAUSTERMEIER DIRECTOR 1.00
Director
$0 $0 $0
GLENN STRUBE DIRECTOR 1.00
Director
$0 $0 $0
ROSS SCHNEIDER DIRECTOR 1.00
Director
$0 $0 $0
JOE YETZER DIRECTOR 1.00
Director
$0 $0 $0
DIANE POLZIN FAIR COORDINATOR 5.00
Director
$31,716 $0 $31,716
PATTI DIETZEL DIRECTOR 1.00
Director
$0 $0 $0
TYLER KLAUSTERMEIER DIRECTOR 1.00
Director
$0 $0 $0
LUKE WOLTER DIRECTOR 1.00
Director
$0 $0 $0
DAN ROBB DIRECTOR 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
2025 $1,130,717 $928,657 $3,711,393 $202,060
2024 $1,246,649 $877,448 $3,499,195 $369,201
2023 $1,063,683 $787,932 $3,158,390 $275,751
2022 $1,073,700 $827,091 $2,909,736 $246,609
2021 $1,117,068 $652,012 $2,637,541 $465,056
2020 $448,707 $226,762 $2,158,972 $221,945
2019 $769,976 $591,864 $1,926,998 $178,112
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