Greater Grand Forks Fair & Exhibition Association Inc (EIN 450382663) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

Constance Klava

Phone

7017723421

Tax Period

2023-01-01 to 2023-12-31

Greater Grand Forks Fair & Exhibition Association Inc, founded in 1984, is a small nonprofit in the Recreation & Sports sector that reported $281K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $344K exceeded revenue, resulting in a 22% operating deficit.

Mission

Promote social welfare of area residents by providing a county fair.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $101,609

Program Service Revenue $118,458

Investment Income $158

Other Revenue $61,077

TOTAL REVENUE $281,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,052

Fundraising Expenses $0

Program Expenses $280,737

Other Expenses $292,891

TOTAL EXPENSES $343,943

Year-over-Year Comparison

	2023	2022	Change
Revenue	$281,302	$373,225	-0.2%
Expenses	$343,943	$372,168	-0.1%
Net Income	$-62,641	$1,057	-60.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Connie Klava	President	2.00	Officer	$0	$0	$0
Bill Kvasager	Vice President	2.00	Officer	$0	$0	$0
Mark Landa	Secretary	6.00	Officer	$0	$0	$0
Diane Knauf	Director	2.00	Director	$0	$0	$0
Keith Eggl	Director	12.00	Director	$0	$0	$0
Terry Stromsdot	Director	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$281,302	$343,943	$451,743	$-62,641
2022	$373,225	$372,168	$524,534	$1,057
2021	$337,488	$322,312	$529,601	$15,176

Greater Grand Forks Fair & Exhibition Association Inc