everyledgerAn index of 587,017 U.S. nonprofits · computed from public IRS filings · current through 2024

Adams County Fair And Racing Assoc

Corning, IA / EIN 39-1889341 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2020152,631116,83635,79513.50%
2021321,506320,9195872.30%
2022441,484428,75812,7262.10%
2023523,627492,74430,8832.53%

In its most recent public year (2023), this organization brought in $30,883 more than it spent. Its reserves stood at about 2.5 months of spending, down from 13.5 in 2020. Staff pay was 3% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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