McKenzie County Fair EIN 87-2432104

McKenzie County Fair

EIN  87-2432104 Public charity (501(c)(3)) Watford City, ND
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Size
$100K–1M
What they do
Hosts an annual fair to engage the community.
Leadership
April Mitteer · Secretary/Treasurer · $7K
Money in and out
$453K revenue, $359K expenses
Bottom line
99% program efficiency

Hosts an annual fair to engage the community. For fiscal year 2024 it reported $453K in revenue, $359K in expenses, and $557K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$453K
Pt VIII · Ln 12
Total expenses
$359K
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $94K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs0% vs prior filing year
Operating runway
18.6mo
months of highly liquid reserves at operating expense rate▼ -7% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▼ -63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$453K
FY2024▼ -28%
Expenses
$359K
FY2024▲ +29%
Total assets
$557K
FY2024▲ +20%
Total liabilities
$0
FY2024
Total revenue
$453K
Pt VIII · Ln 12
Total expenses
$359K
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$94K
Total assetsPt X · Ln 16$557K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $356K of program spending, described in the organization's own filed words · FY2024.
01

The organization holds an annual fair which conducts exhibits of agricultural, livestock, horticultural, arts and science activities. The fair stages shows, races, rodeos and brings in amusement for the enjoyment of the public.

$356Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMcKenzie County Fair
EINHdr · item D87-2432104
Principal addressHdr · item CWatford City, ND
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MND
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N52)
Ruling yearIRS BMFOct 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary/Treasurer
$7,150Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Commissioner Representativ
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

April Mitteer’s $7K as Secretary/Treasurer is at the 18th percentile of top reported officer pay among 1018 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
April Mitteer$7,150$8,450$7,650

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.

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Statement of Revenue

Part VIII
Contributions & grants$314K · 69%
Program service revenue$94K · 21%
Other revenue$44K · 10%
Contributions & grants69%$314K
Program service revenue21%$94K
Other revenue10%$44K
Investment income$1K
— government grantsLn 1e$200K
Total revenueLn 12$453K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$356K
Management & general1%$3K
Total functional expensesLn 25$359K

Balance Sheet

Part X · end of year
CashLn 1$557K
Total assetsLn 16$557K
Total liabilitiesLn 26$0
Total net assetsLn 32$557K
Months of cash on handcomputed18.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $557K · Operating expenses/yr $359K
18.6 months
Where the money goes
Program services
Program services $356K · Total expenses $359K
99%
Management & General
Management & general $3K · Total expenses $359K
1%
Fundraising
Fundraising $0 · Total expenses $359K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $85K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $314K · Total revenue $453K
69%
Government reliance
Government grants $200K · Total revenue $453K
44%
Earned-income share
Program service revenue $94K · Total revenue $453K
21%
Investment reliance
Investment income $1K · Total revenue $453K
0%
Program self-sufficiency
Program service revenue $94K · Total expenses $359K
26%
Growth & trend
Revenue growth (YoY)
This year $453K · Prior year $630K
-28%
Net-asset trend (YoY)
End of year $557K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $453K · Expenses $359K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $557K
Net-asset ratio
Net assets $557K · Total assets $557K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $557K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual April Mitteer · Reported title SECRETARY/TREASURER · Highest reported compensation $7K · Total expenses $359K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7K · Total expenses $359K
2%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth -28%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $12K · 2024–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$453K revenue · viewing · ⤓ 990 PDF
FY2023$630K revenue · ⤓ 990 PDF
FY2022$222K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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