Armada Agricultural Society
- Assets
- $5.8m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 77
- Location
- Armada, MI
- Founding
- 07/1944
- Data as of
- 10/2022
- EIN
- 38-6079159
Organization Overview
Armada Agricultural Society is located in Armada, MI. The organization was established in 1944. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 10/2022, Armada Agricultural Society employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armada Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2022, Armada Agricultural Society generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.3m during the year ending 10/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EDUCATION ABOUT AGRICULTURE; TO BUILD OUR YOUTH INTO PRODUCTIVE CITIZENS; AND TO OFFER ENTERTAINMENT CELBRATING THE TRADITIONAL VALUES OF THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARMADA FAIR IS AN AGRICULTURAL FAIR WITH EXHIBTS OF LIVESTOCK, CANNED GOODS, BAKED GOODS AND CRAFTS ON DISPLAY. THE FAIR EDUCATES AND PROMOTES THE RASING OF LIVESTOCK.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,287 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,836 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,123 |
| Total Program Service Revenue | $1,514,392 |
| Investment income | $745 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $63,091 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $190,303 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,855,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,389 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,354 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $80,064 |
| Office expenses | $24,497 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $87,118 |
| All other expenses | $350,876 |
| Total functional expenses | $1,327,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,178 |
| Savings and temporary cash investments | $1,454,578 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,331,870 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,819,626 |
| Accounts payable and accrued expenses | $2,038 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,038 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $5,817,588 |
| Total liabilities and net assets/fund balances | $5,819,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Agronomy Inc Madison, WI | $22,150,446 | $6,548,041 |
American Society Of Agricultural And Biological Engineers St Joseph, MI | $4,449,107 | $2,453,860 |
Soil Science Society Of America Inc Madison, WI | $6,203,929 | $2,979,765 |
Wisconsin Beef Council Inc Verona, WI | $611,387 | $1,897,284 |
Armada Agricultural Society Armada, MI | $5,819,626 | $1,855,654 |
Cherry Marketing Institute Inc Dewitt, MI | $1,274,089 | $1,359,448 |
Midwest Food Products Association Inc Madison, WI | $1,328,897 | $1,114,154 |
Ohio Egg Marketing Program Columbus, OH | $900,043 | $516,577 |
Association Of American Plant Food Control Officials Incorporated West Lafayette, IN | $702,555 | $245,794 |
Ohio Dairy Foods Association Columbus, OH | $0 | $0 |
West Michigan Food Processing Association North Muskegon, MI | $16,621 | $0 |
Association Of Women In Agriculture Benefit Corp Madison, WI | $615,899 | $104,958 |