CROW WING COUNTY FAIR

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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

1955

Legal Domicile

Principal Officer

NATHAN HULINSKY

Phone

2188296680

Tax Period

2024-10-01 to 2025-09-30

CROW WING COUNTY FAIR, founded in 1955, is a small nonprofit in the Recreation & Sports sector that reported $513K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $494K left a modest 4% surplus.

Mission

TO PROVIDE OPPORTUNITY FOR OUR PATRONAGE TO TOUCH BASE WITH THE AGRICULTURAL HERITAGE OF CROW WING COUNTY.

Program Service Accomplishments

Program 1

Expenses: $443,884 Revenue: $289,408

THE CROW WING COUNTY FAIR IS NOW AMONG THE FIVE LARGEST FAIRS IN MINNESOTA, WITH ANNUAL EXHIBITS NUMBERING OVER 6,000 AND ANNUAL ATTENDANCE ESTIMATED AT 100,000. THE FAIRGROUNDS INCLUDES A VARIETY OF BUILDINGS, AS WELL AS A MODERN CURLING FACILITY THAT HAS A CAPACITY OF 860, A GRAND STAND THAT SEATS 1,800, AND A LARGE HORSE ARENA WITH BLEACHERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $44,130

Program Service Revenue $289,408

Investment Income $2,847

Other Revenue $176,310

TOTAL REVENUE $512,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,142

Fundraising Expenses $0

Program Expenses $443,884

Other Expenses $362,328

TOTAL EXPENSES $494,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$512,695	$442,272	+0.2%
Expenses	$494,470	$648,861	-0.2%
Net Income	$18,225	$-206,589	-1.1%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

$9,393

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN HULINSKY	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS MADSEN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CASSIE FEIERABEND	SECRETARY	1.00	Officer Director	$0	$0	$0
KRIS DOUCIMO	TREASURER	1.00	Officer Director	$0	$0	$0
GEORGE BURTON	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY BLAZEK	DIRECTOR	1.00	Director	$0	$0	$0
PENNY ANDERSON	DIRECTOR	1.00	Director	$593	$0	$593
SHARRON RYAPPY	DIRECTOR	1.00	Director	$0	$0	$0
SHERI DOUCIMO	DIRECTOR	1.00	Director	$0	$0	$0
JOANN TUIL	ACCOUNTANT	1.00	Director	$8,800	$0	$8,800

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	$512,695	$494,470	$115,815	$18,225
2024	$442,272	$648,861	$97,825	$-206,589
2023	$484,584	$615,745	$303,642	$-131,161
2022	$569,871	$512,633	$434,508	$57,238
2021	$491,789	$352,480	$377,769	$139,309
2020	$103,656	$153,480	$237,330	$-49,824
2019	$414,071	$351,725	$288,902	$62,346
2018	$390,072	$418,914	$226,685	$-28,842