FAIR & EXPOSITION SOCIETY OF JONES COUNTY

EIN: 421294397 501(c)(3) Recreation & Sports

MONTICELLO, IA

Total Revenue
$3,128,132
Total Expenses
$4,148,289
Total Assets
$6,276,142
Net Assets
$6,273,970
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
IA
Phone
3194653275
Tax Period
2024-01-01 to 2024-09-30

FAIR & EXPOSITION SOCIETY OF JONES COUNTY, founded in 1986, is a community nonprofit in the Recreation & Sports sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $4.1M exceeded revenue, resulting in a 33% operating deficit.

Mission

COUNTY FAIR - TO ORGANIZE AND CONDUCT THE GREAT JONES COUNTY FAIR HELD ANNUALLY IN MONTICELLO IA. APPROXIMATELY 100,000 PEOPLE ATTEND AND PARTICIPATE.

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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 $138,018
Program Service Revenue $2,905,155
Investment Income $84,959
Other Revenue $0
TOTAL REVENUE $3,128,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $177,876
Fundraising Expenses $0
Program Expenses $4,046,935
Other Expenses $3,970,413
TOTAL EXPENSES $4,148,289

Year-over-Year Comparison

2024 2023 Change
Revenue $3,128,132 $4,602,408 -0.3%
Expenses $4,148,289 $3,221,450 +0.3%
Net Income $-1,020,157 $1,380,958 -1.7%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
178
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
13
$0
Key Employees
1
$32,400
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCAS GOBELI GENERAL MANAGER 20.00
Key Emp
$32,400 $0 $32,400
QUINTON MONK BOARD MEMBER 1.00
Director
$0 $0 $0
LOWELL TIEDT BOARD MEMBER 1.00
Director
$0 $0 $0
KATRINA RIX BOARD MEMBER 1.00
Director
$0 $0 $0
LEE HARDERSEN BOARD MEMBER 1.00
Director
$0 $0 $0
TOM YEOMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TODD BARKEMA BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH BORST BOARD MEMBER 0.00
Director
$0 $0 $0
JOHN CARLSON BOARD MEMBER 0.00
Director
$0 $0 $0
GRACE CARPENTER BOARD MEMBER 0.00
Director
$0 $0 $0
ADAM DECKER BOARD MEMBER 0.00
Director
$0 $0 $0
CINDY DIRKS BOARD MEMBER 0.00
Director
$0 $0 $0
JEFF HINZ BOARD MEMBER 0.00
Director
$0 $0 $0
DARIN SIEBELS VICE CHAIR 1.00
Officer Director
$0 $0 $0
PATRICK RECKER TREASURER 1.00
Officer
$0 $0 $0
BEN CAPRON CHAIR 0.00
Officer
$0 $0 $0
JANI TELLEEN SECRETARY 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
2025 No data No data No data No data
2024 $3,128,132 $4,148,289 $6,276,142 $-1,020,157
2023 $4,602,408 $3,221,450 $7,300,628 $1,380,958
2022 $2,707,529 $2,299,026 $6,068,792 $408,503
2021 $5,307,608 $3,499,776 $5,659,527 $1,807,832
2020 $238,244 $1,094,023 $3,877,730 $-855,779
2019 $3,070,287 $4,148,741 $4,429,572 $-1,078,454
2018 $4,751,246 $4,024,095 $5,481,844 $727,151
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