Gratiot Agricultural Society
- Assets
- $495.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ithaca, MI
- Founding
- 02/1994
- Data as of
- 09/2022
- 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 09/2022, Gratiot Agricultural Society generated $21.3k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $18.7k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE COUNTY FAIR IS SPONSORED EACH YEAT TO PROVIDE EDUCATION AND PROMOTE AGRICULTURE IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Jolliff President | 8 | $0 | |
Penny Mccormick Vice-Preside | 8 | $0 | |
Carrie Jolliff Co-Secretary | 8 | $0 | |
Angie Bailey Co-Secretary | 8 | $0 | |
Sandy Washburn Speed-Secret | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,042 |
| Total Program Service Revenue | $19,216 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,258 |
| 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 | $610 |
| Printing, publications, postage, and shipping | $962 |
| Other expenses | $17,080 |
| Total expenses | $18,652 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,659 |
| Other assets | $0 |
| Total assets | $495,241 |
| Total liabilities | $250,777 |
| Net assets or fund balances | $244,464 |