Carroll County Fair Association FY2023 filing

Not tax-deductible

Coon Rapids, IA501(c)(5)EIN 42-0678321Revenue $227K in FY2023

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.

93¢ 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

FY2023 · 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
93%
of spending
Looks good: 93% 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: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$19K
4% of total assets
Looks good: liabilities are 4% 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
$227K
+7% vs prior year
Spent
$209K
To programs
93%
Net assets
$417K
By yearFY2020–FY2025
Revenue
$227K
FY2023▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$75K
FY2021$228K
FY2022$213K
FY2023$227K
FY2024$307K
FY2025$226K
Expenses
$209K
FY2023▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$76K
FY2021$181K
FY2022$191K
FY2023$209K
FY2024$302K
FY2025$262K
Net assets
$417K
FY2023▲ +5%
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 FY2023 Form 990 (year ending September 2023) · see the original

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You’re viewing the FY2023 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

93 cents of each dollar spent went to programs.

Program services 93% · $194K Management & general 7% · $14K

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 (FY2022); the FY2023 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 · FY2022
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 FY2023 990, line by line.

1The main four
Money inPt VIII
$227K
Ln 12
Other incomeLn 4–11$97K
Fees for servicesLn 2g$90K
Gifts and grantsLn 1h$40K
Money outPt IX
$209K
Ln 25
Programscol B$194K
Managementcol C$14K
Owns and owesPt X
$417K
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$436K
LiabilitiesLn 26$19K
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$40K
Government grantsLn 1e$24K
Fees for servicesLn 2g$90K
Investment incomeLn 3$50
Other incomeLn 4–11$97K
Total revenueLn 12$227K
Assets in detailPt X, end of year
CashLn 1$28K
Cash and savings togetherLn 1–2$28K
Land, buildings, equipmentLn 10c$408K
Total assetsLn 16$436K
LiabilitiesLn 26$19K
Net assetsLn 32$417K
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 FY23End FY23
Cash and savingsLn 1–2$32K$28K
Land, buildings, equipmentLn 10c$404K$408K
Total assetsLn 16$436K$436K
LiabilitiesLn 26$37K$19K
Net assetsLn 32$399K$417K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$6K$6K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$92$92
OccupancyLn 16$12K$12K
Conferences, conventions and meetingsLn 19$890$890
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$26K$26K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$98K$98K
All other expensesLn 24e$30K$30K
Total functional expensesLn 25$209K$194K$14K$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 Viewing $227K$209K$18K$417K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $226,778 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $45,113$39,756
I-9 Program service revenuePrior year $69,555$89,557
I-10 Investment incomePrior year $32$50
I-11 Other revenuePrior year $98,153$97,415
I-12 Total revenuePrior year $212,853$226,778
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,000$6,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $184,880$202,712
I-18 Total expensesPrior year $190,880$208,712
I-19 Revenue less expensesPrior year $21,973$18,066
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 $226,778 across 7 lines filed
Lines not itemized here account for $10,356 of total revenue; see the IRS return.
VIII-1e Government grants$24,406
VIII-1f All other contributions, gifts and grants$15,350
VIII-1h Total contributions, gifts and grants$39,756
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $88,252$88,252
VIII-3 Investment incomeRelated to mission $50$50
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $88,364$88,364
VIII-12 Total revenueRelated to mission $187,022$226,778
Part IX · Statement of functional expenses $208,712 across 11 lines filed
IX-7 Other salaries and wagesManagement $6,000$6,000
IX-11c Accounting feesManagement $7,551$7,551
IX-12 Advertising and promotionPrograms $4,609$4,609
IX-13 Office expensesPrograms $92$92
IX-16 OccupancyPrograms $11,936$11,936
IX-19 Conferences, conventions and meetingsManagement $890$890
IX-20 InterestPrograms $2,361$2,361
IX-22 Depreciation, depletion and amortizationPrograms $25,688$25,688
IX-23 InsurancePrograms $21,135$21,135
IX-24 Other expenses (24a–d)Programs $98,062$98,062
IX-24e All other expensesPrograms $30,388$30,388
IX-25 Total functional expensesPrograms $194,271 · Management $14,441 · Fundraising $0$208,712
Part X · Balance sheet $435,992 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $32,299$28,052
X-10c Land, buildings and equipment, netStart of year $403,516$407,940
X-16 Total assetsStart of year $435,815$435,992
X-24 Unsecured notes and loans payableStart of year $36,860$18,971
X-26 Total liabilitiesStart of year $36,860$18,971
X-27 Net assets without donor restrictionsStart of year $398,955$417,021
X-32 Total net assets or fund balancesStart of year $398,955$417,021
X-33 Total liabilities and net assetsStart of year $435,815$435,992
Part XI · Reconciliation of net assets $417,021 net assets at year end
XI-1 Total revenue$226,778
XI-2 Total expenses$208,712
XI-3 Revenue less expenses$18,066
XI-4 Net assets at start of year$398,955
XI-10 Net assets at end of year$417,021

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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