ELKHART COUNTY 4-H & AGRICULTURAL EXPOSITION INC
Mission Statement
"The Elkhart County 4-H Fair and its facilities were established, expanded and are to be maintained to enhance and encourage family and youth programs that promote the principles expressed in the 4-H Creed: Head, Heart, Hands, and Health.Year-round activity, economic development, and increased community involvement are the base for continued pursuit of our purposes and ideals.Through participation in programs of leadership, education, agriculture, citizenship, character development and entertainment we will work to enrich the quality of life for family and community.The volunteer spirit must be encouraged in all ways to continue the traditions, pride, and achievements of the Fair.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.8% | 81.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.2% | 11.7% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 4.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 151.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
30.5 mo | 11.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.8% | 9.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.2% | 89.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
8.7% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.8% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
20.2% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.6M | $3.7M | $9.3M | 98.8% | 28 |
| 2023 | $4.2M | $3.5M | $8.4M | 99.4% | 29 |
| 2022 | $3.9M | $3.4M | $7.6M | 97.7% | 33 |
| 2021 | $4.0M | $3.0M | N/A | — | 36 |
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