MITCHELL CO AGRICULTURAL SOCIETY

EIN: 420419035 501(c)(3)

Little Cedar, IA

Total Revenue
$1,203,486
Total Expenses
$485,006
Total Assets
$1,464,549
Net Assets
$1,464,549
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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
1906
Legal Domicile
IA
Tax Period
2023-10-01 to 2024-09-30

MITCHELL CO AGRICULTURAL SOCIETY, founded in 1906, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 206% from the prior year, signaling strong growth momentum. The organization ran a surplus of $718K, a strong 60% operating margin.

Mission

AGRICULTURAL, HORTICULTURAL, EDUCATIONAL ACTIVITIES BENEFITTING THE RESIDENTS OF MITCHELL COUNTY, IOWA, AND THE SURROUNDING AREA

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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 $841,577
Program Service Revenue $336,525
Investment Income $1,387
Other Revenue $23,997
TOTAL REVENUE $1,203,486

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $429,551
Other Expenses $485,006
TOTAL EXPENSES $485,006

Year-over-Year Comparison

2023 2022 Change
Revenue $1,203,486 $392,842 +2.1%
Expenses $485,006 $396,771 +0.2%
Net Income $718,480 $-3,929 -183.9%
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

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Governance

Voting Members
15
Independent Members
15
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
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN POPP BOARD MEMBER 1.00
Director
$0 $0 $0
NOLAN PETERS BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE MEHMEN BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN STEWERT BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS POPP BOARD MEMBER 1.00
Director
$0 $0 $0
PETER RYSAVY BOARD MEMBER 1.00
Director
$0 $0 $0
KARL FOX BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT BRANDAU BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY DIETERICH BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS SPRUNG BOARD MEMBER 1.00
Director
$0 $0 $0
BEN BUTTJER BOARD MEMBER 1.00
Director
$0 $0 $0
TROY HAVEL BOARD MEMBER 1.00
Director
$0 $0 $0
GALEN BARKER VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CHAD HALBACH TREASURER 2.00
Officer Director
$0 $0 $0
ADAM NORBY PRESIDENT 2.00
Officer Director
$0 $0 $0
AUDREY BARKER SECRETARY 5.00
Officer
$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 $1,203,486 $485,006 $1,464,549 $718,480
2023 $392,842 $396,771 $746,069 $-3,929
2022 $335,153 $357,256 $749,998 $-22,103
2021 $400,892 $321,985 $772,101 $78,907
2020 $114,835 $148,661 $693,194 $-33,826
2019 $315,464 $292,117 $727,020 $23,347
2018 $279,367 $264,989 $703,673 $14,378
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