APPANOOSE COUNTY FAIR ASSOCIATION

EIN: 421121587

PLANO, IA

Total Revenue
$212,380
Total Expenses
$154,445
Total Assets
$231,935
Net Assets
$231,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
IA
Principal Officer
SHELBY BANKS
Phone
6418958470
Tax Period
2020-11-01 to 2021-10-31

APPANOOSE COUNTY FAIR ASSOCIATION, founded in 1970, is a small nonprofit that reported $212K in total revenue in fiscal year 2020. The organization ran a surplus of $58K, a strong 27% operating margin.

Mission

PROVIDE AGRICULTURAL FAIR WITH PLACE FOR LIVESTOCK EXHIBITORS TO MARKET THEIR LIVESTOCK AFTER JUDGING. ALSO PROVIDE ENTERTAINMENT FOR THE SURROUNDING COMMUNITIES.Our primary purpose is to o educate, inspire, and motivate our area youth to grow, succeed, and lead the nation.

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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 (2020)

Revenue Breakdown

Contributions & Grants $100,454
Program Service Revenue $0
Investment Income $0
Other Revenue $111,926
TOTAL REVENUE $212,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $154,445
TOTAL EXPENSES $154,445

Year-over-Year Comparison

2020 2019 Change
Revenue $212,380 N/A N/A
Expenses $154,445 N/A N/A
Net Income $57,935 N/A N/A
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

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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
22
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE BAUMAN Director 0.00
Director
$0 $0 $0
RON EDDY Director 0.00
Director
$0 $0 $0
STEVE HAWKINS Director 0.00
Director
$0 $0 $0
DON HYSELL Director 0.00
Director
$0 $0 $0
ZEB JOINER Director 0.00
Director
$0 $0 $0
JUSTIN KELLER Director 0.00
Director
$0 $0 $0
MARLAN KORTHAUS Director 0.00
Director
$0 $0 $0
JASON LONG Director 0.00
Director
$0 $0 $0
JAMES MCGILL Vice President 0.00
Director
$0 $0 $0
WILL MCGILL Director 0.00
Director
$0 $0 $0
JERMEY LONG Director 0.00
Director
$0 $0 $0
SHAWN TAIT Director 0.00
Director
$0 $0 $0
PAUL SWARTS Director 0.00
Director
$0 $0 $0
AARON THAMKE Director 0.00
Director
$0 $0 $0
BETH MORRIS Secretary 0.00
Director
$0 $0 $0
JOEY MCDANOLDS Director 0.00
Director
$0 $0 $0
MIKE HOFFMAN Director 0.00
Director
$0 $0 $0
CODY KORTAUS Director 0.00
Director
$0 $0 $0
TRACY LAWSON Director 0.00
Director
$0 $0 $0
KALEN MARTSCHING Director 0.00
Director
$0 $0 $0
MARTHA FURLIN President 0.00
Officer
$0 $0 $0
SHELBY BANKS Treasurer 0.00
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
2021 $212,380 $154,445 $231,935 $57,935
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