Nonprofit · EIN 45-0356765
RANSOM COUNTY FAIR ASSOCIATION
Tax-exempt · LISBON, ND 58054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $337,151 | $303,003 | $34,148 | $1,544,112 | $500,300 | $1,043,812 |
| October 31, 2024 | 990 | $690,881 | $213,353 | $477,528 | $1,418,743 | $461,700 | $957,043 |
| October 31, 2023 | 990 | $273,145 | $220,800 | $52,345 | $0 | $0 | $0 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $217,575
- of which government grants
- $178,375
- Program service revenue
- $99,416
- Investment income
- $1,004
- Net rental income
- $12,395
- Other revenue
- $19,156
Expenses
- Grants and similar amounts paid
- $7,702
- Compensation of officers, directors and key employees
- $8,790
- Salaries, compensation and benefits (total)
- $8,790
- Professional fundraising fees
- $0
- Depreciation
- $52,622
- Program services (functional)
- $303,003
Balance sheet and other
- Total assets, start of year
- $1,418,743
- Total assets, end of year
- $1,544,112
- Total liabilities, end of year
- $500,300
- Net assets, end of year
- $1,043,812
- Land, buildings and equipment
- $1,358,298
- Net assets without donor restrictions
- $31,609
- Net assets with donor restrictions
- $1,012,203
- Gross receipts
- $344,431
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1951
- State of legal domicile
- ND
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENEN AABREKKE | SECRETARY Trustee or director | 1 | $2,000 |
| PAULETTE LAUDERT | TREASURER Trustee or director | 1 | $2,000 |
| TOM NORD | PRESIDENT Trustee or director | 1 | $0 |
| SHAWN MCLEOD | VICE PRESIDENT Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENEN AABREKKE | SECRETARY Trustee or director | 1 | $2,000 |
| PAULETTE LAUDERT | TREASURER Trustee or director | 1 | $2,000 |
| TOM NORD | PRESIDENT Trustee or director | 1 | $0 |
| SHAWN MCLEOD | VICE PRESIDENT Trustee or director | 1 | $0 |
990 for the year ended October 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENEN AABREKKE | SECRETARY Trustee or director | 1 | $2,000 |
| PAULETTE LAUDERT | TREASURER Trustee or director | 1 | $2,000 |
| TOM NORD | PRESIDENT Trustee or director | 1 | $0 |
| SHAWN MCLEOD | VICE PRESIDENT Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 612 7TH AVENUE WEST, LISBON, ND 58054-0000
- Principal officer (990 for 2024)
- DARAN SAGVOLD, 6992 149TH AVE SE, MCLEOD, ND 58057
- Signed the 990
- TOM NORD, VICE PRESIDENT
- Phone
- (701) 680-8961
- Return prepared by
- NICK STORHAUG CPA
Mission
CONDUCT ANNUAL COUNTY FAIR
Program accomplishments
- CONDUCT OF RANSOM COUNTY FAIR *OFFICERS DIRECTORS MANAGERS $6,690 *OTHER FAIR EXPENSES $191532 *INTEREST EXPENSE $2,317 *DEPRECIATION $20261Expenses $303,003 · revenue $91,226
- RENTAL OF EXPO CENTER *EXPENSES INCLUDED ON PAGE 9, LINE 6 B *PRORATED REPAIRS SIGN EXPENSE $2,210 *PRORATED SUPPLIES $2,820 *DEPOSIT RETURN $2250revenue $12,395
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0356765
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1980
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $1,544,112
- Income (IRS master file)
- $344,431
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $337,151 | $303,003 | $1,544,112 | XML |
| 990 | October 2024 | $690,881 | $213,353 | $1,418,743 | XML |
| 990 | October 2023 | $273,145 | $220,800 | $0 | XML |
| 990 | October 2022 | $228,615 | $168,536 | $0 | IRS |
| 990-EZ | October 2021 | – | – | – | IRS |
| 990-EZ | October 2020 | – | – | – | IRS |
| 990-EZ | October 2019 | – | – | – | IRS |
| 990-EZ | October 2018 | – | – | – | 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 45-0356765).
Questions about RANSOM COUNTY FAIR ASSOCIATION
- What is the EIN of RANSOM COUNTY FAIR ASSOCIATION?
- The employer identification number (EIN) of RANSOM COUNTY FAIR ASSOCIATION is 45-0356765.
- Is RANSOM COUNTY FAIR ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to RANSOM COUNTY FAIR ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RANSOM COUNTY FAIR ASSOCIATION 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 RANSOM COUNTY FAIR ASSOCIATION due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RANSOM COUNTY FAIR ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of RANSOM COUNTY FAIR ASSOCIATION?
- The 990 for the year ended October 31, 2025 names DARAN SAGVOLD.
- Who are the officers and directors of RANSOM COUNTY FAIR ASSOCIATION?
- The 990 for the year ended October 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $2,000 (GENEN AABREKKE, SECRETARY).
- How much revenue does RANSOM COUNTY FAIR ASSOCIATION have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $337,151, expenses of $303,003 and total assets of $1,544,112 at year end.
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