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Nonprofit · EIN 42-0260495

FRANKLIN COUNTY AGRI & FAIR ASSOC

Tax-exempt · HAMPTON, IA 50441

Financials

$989K$1.1M2022$686K$683K2023$739K$748K2024
Revenue Expenses · by fiscal year end
Financials of FRANKLIN COUNTY AGRI & FAIR ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$739,371$748,226-$8,855$1,093,577$8,088$1,085,489
September 30, 2024990$685,836$683,364$2,472$1,196,357$2,000$1,194,357
September 30, 2023990$988,819$1,053,938-$65,119$1,233,268$0$1,233,268
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$148,468
of which government grants
$65,323
Program service revenue
$587,659
Investment income
$3,244
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$44,082
Salaries, compensation and benefits (total)
$54,893
Professional fundraising fees
$0
Occupancy
$32,569
Program services (functional)
$688,927
Management and general (functional)
$59,299

Balance sheet and other

Total assets, start of year
$1,196,357
Total assets, end of year
$1,093,577
Total liabilities, end of year
$8,088
Net assets, end of year
$1,085,489
Land, buildings and equipment
$893,309
Net assets without donor restrictions
$1,085,489
Gross receipts
$739,371
Employees
17
Volunteers
250
Year formed
1925
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JACOB ACKERMANPRESIDENT
Officer
1$0
MAZEY JOHNSONBOARD REPRES
Officer
1$0
MARCUS KOFOOTTREASURER
Officer
1$0
CARRIE WARMBIERSECRETARY
Officer
1$0
CLARK WILKINSONVICE PRESIDE
Officer
1$0
990 for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensation
JACOB ACKERMANPRESIDENT
Officer
–$0
MAZEY JOHNSONBOARD REPRES
Officer
–$0
MARCUS KOFOOTTREASURER
Officer
–$0
CARRIE WARMBIERSECRETARY
Officer
–$0
CLARK WILKINSONVICE PRESIDE
Officer
–$0
990 for the year ended September 30, 2023: 4 people
NameTitleHours / weekCompensation
JACOB ACKERMANPRESIDENT
Officer
–$0
TANNER BRASSVICE PRESIDE
Officer
–$0
MARCUS KOFOOTTREASURER
Officer
–$0
CLARK WILKINSONBOARD REPRES
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 442, HAMPTON, IA 50441-0442
In care of
% FRANKLIN COUNTY FAIR & CONVENTIO
Principal officer (990 for 2024)
JACOB ACKERMAN, 11342 - 300TH ST, ACKLEY, IA 50601
Signed the 990
JACOB ACKERMAN, PRESIDENT
Phone
(641) 456-2049
Return prepared by
HARRISON & ASSOCIATES CPAS PLLC

Mission

OPERATION OF THE FRANKLIN COUNTY FAIR AND CONVENTION CENTER

990 for the year ended September 30, 2025

Program accomplishments

  • OPERATION OF THE FRANKLIN COUNTY FAIR AND CONVENTION CENTER.
    Expenses $688,927 · revenue $587,659
  • OPERATION OF THE FRANKLIN COUNTY FAIR AND CONVENTION CENTER.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
42-0260495
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1940
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,093,577
Income (IRS master file)
$739,371

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$739,371$748,226$1,093,577IRS
990September 2024$685,836$683,364$1,196,357XML
990September 2023$988,819$1,053,938$1,233,268XML
990September 2022$899,463$696,544$1,298,387IRS
990September 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0260495).

Questions about FRANKLIN COUNTY AGRI & FAIR ASSOC

What is the EIN of FRANKLIN COUNTY AGRI & FAIR ASSOC?
The employer identification number (EIN) of FRANKLIN COUNTY AGRI & FAIR ASSOC is 42-0260495.
Is FRANKLIN COUNTY AGRI & FAIR ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1940.
Are donations to FRANKLIN COUNTY AGRI & FAIR ASSOC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FRANKLIN COUNTY AGRI & FAIR ASSOC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRANKLIN COUNTY AGRI & FAIR ASSOC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRANKLIN COUNTY AGRI & FAIR ASSOC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FRANKLIN COUNTY AGRI & FAIR ASSOC?
The 990 for the year ended September 30, 2025 names JACOB ACKERMAN.
Who are the officers and directors of FRANKLIN COUNTY AGRI & FAIR ASSOC?
The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does FRANKLIN COUNTY AGRI & FAIR ASSOC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $739,371, expenses of $748,226 and total assets of $1,093,577 at year end.

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