Gratiot Agricultural Society
- Assets
- $494.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ithaca, MI
- Founding
- 02/1994
- Data as of
- 09/2021
- EIN
- 38-2185068
Organization Overview
Gratiot Agricultural Society is located in Ithaca, MI. The organization was established in 1994. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gratiot Agricultural Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Gratiot Agricultural Society generated $21.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $16.0k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE COUNTY FAIR IS SPONSERED EACH YEAR TO PROVIDE EDUCATION AND PROMOTE AGRICULTURE IN THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nelda Akers Treasurer | 8 | $0 | |
Pennt Mccormick Vive Preside | 8 | $0 | |
Penny Jolliff Co-Secretary | 8 | $0 | |
Angie Bailey Co-Secretary | 8 | $0 | |
Greg Jollif President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $530 |
| Total Program Service Revenue | $21,294 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,824 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $1,304 |
| Other expenses | $14,224 |
| Total expenses | $16,028 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $494,585 |
| Other assets | $0 |
| Total assets | $494,585 |
| Total liabilities | $252,727 |
| Net assets or fund balances | $241,858 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |
Ohio Soybean Council Worthington, OH | $9,472,196 | $9,336,413 |
National Swine Registry West Lafayette, IN | $2,564,738 | $7,027,546 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |
Indiana Corn Marketing Council Indianapolis, IN | $5,137,582 | $5,167,221 |
Ohio County & Independent Agricultural Societies Delaware, OH | $10,485,071 | $9,270,714 |
Ohio County & Independent Agricultural Societies Canfield, OH | $2,246,488 | $4,939,954 |
Indiana Crop Improvement Assn Inc Lafayette, IN | $5,728,593 | $3,567,413 |
Wisconsin Farm Bureau Federation Cooperative Madison, WI | $4,550,092 | $4,122,654 |
Ohio County & Independent Agricultural Societies Eaton, OH | $1,097,585 | $4,349,945 |
Midwest Organic Services Association Inc Viroqua, WI | $1,818,128 | $3,921,446 |
American Jersey Cattle Association Reynoldsburg, OH | $3,880,323 | $3,460,538 |