Carroll County Fair Association FY2022 filing

Not tax-deductible

Coon Rapids, IA501(c)(5)EIN 42-0678321Revenue $213K in FY2022

On file with the IRSiowaccfair.comPo Box 235, 50058-0235 · Coon Rapids, IATax-exempt since Aug 1946

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The purpose of this organization is to provide 4-h activities and events for the youth of Carroll County.

96¢ of each $1 spent went to programs.
$6K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $9K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$37K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$213K
-7% vs prior year
Spent
$191K
To programs
96%
Net assets
$399K
By yearFY2020–FY2025
Revenue
$213K
FY2022▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$75K
FY2021$228K
FY2022$213K
FY2023$227K
FY2024$307K
FY2025$226K
Expenses
$191K
FY2022▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$76K
FY2021$181K
FY2022$191K
FY2023$209K
FY2024$302K
FY2025$262K
Net assets
$399K
FY2022▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$329K
FY2021$377K
FY2022$399K
FY2023$417K
FY2024$422K
FY2025$386K

From the FY2022 Form 990 (year ending September 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $183K Management & general 4% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $6K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$3,000Pt VII · Sec A
Treasurer
$3,000Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Heather Mohr———$6,000
Jim Mohr$3,000———
Britt Sander$3,000———
Courtney Cadwallader—$3,000——
Tory Winnett—$3,000$3,000—
Cortney Cadwallader——$3,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Carroll County Fair Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers 4-H activities and events for Carroll County youth.

Questions for Carroll County Fair Association

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Provided by the organization

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1 program · in their own filed words · FY2021
01

Provide 4-h activities through access to facilities and by administering events that encompass residents in carroll county.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$213K
Ln 12
Other incomeLn 4–11$98K
Fees for servicesLn 2g$70K
Gifts and grantsLn 1h$45K
Money outPt IX
$191K
Ln 25
Programscol B$183K
Managementcol C$8K
Owns and owesPt X
$399K
net assets · Ln 32
Cash and savingsLn 1–2$32K
Total assetsLn 16$436K
LiabilitiesLn 26$37K
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$45K
Government grantsLn 1e$25K
Fees for servicesLn 2g$70K
Investment incomeLn 3$32
Other incomeLn 4–11$98K
Total revenueLn 12$213K
Assets in detailPt X, end of year
CashLn 1$32K
Cash and savings togetherLn 1–2$32K
Land, buildings, equipmentLn 10c$404K
Total assetsLn 16$436K
LiabilitiesLn 26$37K
Net assetsLn 32$399K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6150
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$39K$32K
Land, buildings, equipmentLn 10c$403K$404K
Total assetsLn 16$442K$436K
LiabilitiesLn 26$65K$37K
Net assetsLn 32$377K$399K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$6K$6K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$2K$2K
OccupancyLn 16$13K$13K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$24K$24K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$96K$96K
All other expensesLn 24e$20K$20K
Total functional expensesLn 25$191K$183K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $226K$262K−$37K$386K 990 PDF
FY2024 $307K$302K$5K$422K 990 PDF
FY2023 $227K$209K$18K$417K 990 PDF
FY2022 Viewing $213K$191K$22K$399K 990 PDF
FY2021 $228K$181K$48K$377K 990 PDF
FY2020 $75K$76K−$616$329K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $212,853 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $74,283$45,113
I-9 Program service revenuePrior year $63,794$69,555
I-10 Investment incomePrior year $19$32
I-11 Other revenuePrior year $90,196$98,153
I-12 Total revenuePrior year $228,292$212,853
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,176$6,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $174,339$184,880
I-18 Total expensesPrior year $180,515$190,880
I-19 Revenue less expensesPrior year $47,777$21,973
Part VI · Governance 13 of 13 board members independent, 4 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $212,853 across 7 lines filed
Lines not itemized here account for $10,194 of total revenue; see the IRS return.
VIII-1e Government grants$25,113
VIII-1f All other contributions, gifts and grants$20,000
VIII-1h Total contributions, gifts and grants$45,113
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $66,238$66,238
VIII-3 Investment incomeRelated to mission $32$32
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $91,276$91,276
VIII-12 Total revenueRelated to mission $167,740$212,853
Part IX · Statement of functional expenses $190,880 across 10 lines filed
IX-7 Other salaries and wagesManagement $6,000$6,000
IX-11c Accounting feesManagement $2,244$2,244
IX-12 Advertising and promotionPrograms $6,119$6,119
IX-13 Office expensesPrograms $2,453$2,453
IX-16 OccupancyPrograms $13,469$13,469
IX-20 InterestPrograms $2,959$2,959
IX-22 Depreciation, depletion and amortizationPrograms $23,800$23,800
IX-23 InsurancePrograms $17,370$17,370
IX-24 Other expenses (24a–d)Programs $96,268$96,268
IX-24e All other expensesPrograms $20,198$20,198
IX-25 Total functional expensesPrograms $182,636 · Management $8,244 · Fundraising $0$190,880
Part X · Balance sheet $435,815 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $38,843$32,299
X-10c Land, buildings and equipment, netStart of year $402,684$403,516
X-16 Total assetsStart of year $441,527$435,815
X-24 Unsecured notes and loans payableStart of year $64,545$36,860
X-26 Total liabilitiesStart of year $64,545$36,860
X-27 Net assets without donor restrictionsStart of year $376,982$398,955
X-32 Total net assets or fund balancesStart of year $376,982$398,955
X-33 Total liabilities and net assetsStart of year $441,527$435,815
Part XI · Reconciliation of net assets $398,955 net assets at year end
XI-1 Total revenue$212,853
XI-2 Total expenses$190,880
XI-3 Revenue less expenses$21,973
XI-4 Net assets at start of year$376,982
XI-10 Net assets at end of year$398,955

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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