PHELPS COUNTY AGRICULTURAL SOCIETY (EIN 470547558) - 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

1932

Legal Domicile

Principal Officer

CHADD JACOBSON

Phone

3089956319

Tax Period

2023-07-01 to 2024-06-30

PHELPS COUNTY AGRICULTURAL SOCIETY, founded in 1932, is a small nonprofit that reported $222K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $197K left a modest 11% surplus.

Mission

HOLD ANNUAL FAIR AND RENT OFFICE SPACE AND ROOMS TO THE PUBLIC

🔒

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 $158,017

Program Service Revenue $0

Investment Income $1,648

Other Revenue $61,943

TOTAL REVENUE $221,608

Expense Breakdown

Grants Paid $32,045

Salaries & Benefits $109,059

Fundraising Expenses $0

Program Expenses $152,976

Other Expenses $55,979

TOTAL EXPENSES $197,083

Year-over-Year Comparison

	2023	2022	Change
Revenue	$221,608	$169,276	+0.3%
Expenses	$197,083	$180,570	+0.1%
Net Income	$24,525	$-11,294	-3.2%

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

275

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

$2,608

Total Directors

$6,006

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLARK NELSON	PRESIDENT	6.00	Officer Director	$1,023	$0	$1,023
RICHARD WALLER	TREASUER	4.00	Officer Director	$787	$0	$787
BECKY HARRIS	SECRETARY	2.00	Officer Director	$391	$0	$391
JOE LARSON	VICE PRESIDENT	2.00	Officer Director	$407	$0	$407
KYLE EDGREN	BOARD MEMBER	1.00	Director	$385	$0	$385
TYLER FREELAND	BOARD MEMBER	1.00	Director	$385	$0	$385
RICK GREEN	BOARD MEMBER	1.00	Director	$369	$0	$369
LYLE KINNAMAN	BOARD MEMBER	1.00	Director	$401	$0	$401
CHAD JACOBSON	BOARD MEMBER	1.00	Director	$401	$0	$401
DANIEL TAYLOR	BOARD MEMBER	1.00	Director	$401	$0	$401
MICHAEL SCHOLZ	BOARD MEMBER	1.00	Director	$335	$0	$335
KATHY WILKINS	BOARD MEMBER	1.00	Director	$385	$0	$385
KIM FORD	BOARD MEMBER	1.00	Director	$336	$0	$336

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	$221,608	$197,083	$585,736	$24,525
2023	$169,276	$180,570	$561,210	$-11,294
2022	$189,853	$162,385	$572,504	$27,468
2021	$121,262	$149,561	$545,036	$-28,299

PHELPS COUNTY AGRICULTURAL SOCIETY