Civic Intelligence

Madison County Fairgrounds Inc

990EZ • Fiscal year 2021 • EIN 04-3810067

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 626Marshall, NC 28753

(828) 649-3367

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.72x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

3.27x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Asset Growth

51st percentile

9.1%

Faster asset growth than 51% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

973%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$98,979

Up $8,292 (+9.1%) from 2020

Net Assets

Up

$27,901

Up $8,291 (+42%) from 2020

Liabilities

Up

$71,078

Up $1 (+0.0%) from 2020

Revenue

Up

$21,706

Up $19,683 (+973%) from 2020

Expenses

Up

$13,415

Up $5,128 (+62%) from 2020

Net Income

Up

$8,291

Up $14,555 (+232%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $45,529Liabilities 2011: $33,1342011Assets 2012: $47,790Liabilities 2012: $02012Assets 2013: $36,946Liabilities 2013: $34,3342013Assets 2014: $33,862Liabilities 2014: $34,3342014Assets 2015: $33,362Liabilities 2015: $4,3342015Assets 2016: $60,187Liabilities 2016: $59,8052016Assets 2017: $73,350Liabilities 2017: $60,5562017Assets 2018: $71,458Liabilities 2018: $71,0762018Assets 2019: $81,951Liabilities 2019: $71,077Net Assets 2019: $10,8742019Assets 2020: $90,687Liabilities 2020: $71,077Net Assets 2020: $19,6102020Assets 2021: $98,979Liabilities 2021: $71,078Net Assets 2021: $27,9012021Assets 2022: $122,963Liabilities 2022: $71,078Net Assets 2022: $51,8852022

Highlighted filing

2021

Assets$98,979
Liabilities$71,078
Net Assets$27,901

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $29,106Expenses 2011: $31,039Net Income 2011: -$1,9332011Revenue 2012: $30,713Expenses 2012: $28,450Net Income 2012: $2,2632012Revenue 2013: $26,785Expenses 2013: $38,829Net Income 2013: -$12,0442013Revenue 2014: $21,635Expenses 2014: $24,179Net Income 2014: -$2,5442014Revenue 2015: $39,030Expenses 2015: $39,530Net Income 2015: -$5002015Revenue 2016: $70,007Expenses 2016: $68,653Net Income 2016: $1,3542016Revenue 2017: $64,641Expenses 2017: $51,847Net Income 2017: $12,7942017Revenue 2018: $54,472Expenses 2018: $67,546Net Income 2018: -$13,0742018Revenue 2019: $42,354Expenses 2019: $31,864Net Income 2019: $10,4902019Revenue 2020: $2,023Expenses 2020: $8,287Net Income 2020: -$6,2642020Revenue 2021: $21,706Expenses 2021: $13,415Net Income 2021: $8,2912021Revenue 2022: $62,921Expenses 2022: $38,937Net Income 2022: $23,9842022

Highlighted filing

2021

Revenue$21,706
Expenses$13,415
Net Income$8,291
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$21,706
Mission and Program Overview

Mission

Recreation educational & economic

Recreation, Education & Economic

Program Services

DescriptionGrantsExpenses
Madison County Fair, Rodeo Activities, Facility and Placefor the Community to come together, concessions are alsoavaliable, timer, sound system & socoreboard are used for$9,853$9,853
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cory GriffinChairmanPT$0--
Paula JenkinsVice ChairmanPT$0--
Dr Meg PressleySecretaryPT$0--
Lisa WyattTreasurerPT$0--
Herbert BucknerDirectorPT$0--
Jackie BallDirectorPT$0--
Lynn LackeyDirectorPT$0--
Jimmy HuffmanDirectorPT$0--
Charles CoffeyDirectorPT$0--
Ross YoungAdvisorPT$0--
Filing and Contact Details

Filer

Filer Name
Madison County Fairgrounds Inc
EIN
04-3810067
Phone
8286493367
Address
PO Box 626, Marshall, NC 28753

Signing Officer

Name
Lisa O Wyatt
Title
Treasurer
Phone
8286493367
Signed
2022-11-15

Preparer

Firm
Chrissey M Thomas
Address
285 ALISON FARM RD, MARSHALL, NC 28753
Preparer
Michelle Thomas
Phone
8285457086
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Fair Expenses - Inflatables 0.

Form 990EZ, Part I, Line 16

Insurance 4094.

Form 990EZ, Part I, Line 16

Membership Dues 100.

Form 990EZ, Part I, Line 16

Office Supplies 0.

Form 990EZ, Part I, Line 16

Supplies Expense 468.

Form 990EZ, Part I, Line 16

Website Expense 139.

Form 990EZ, Part I, Line 16

Chartiable Contributions 0.

Form 990EZ, Part I, Line 16

Bank Service Charge Expense 10.

Form 990EZ, Part I, Line 16

Checks Written for Change 200.

Form 990EZ, Part I, Line 16

Fireworks Expense 3550.

Form 990EZ, Part II, Line 24

Equipment 28067. 28142.

Form 990EZ, Part II, Line 26

Capital Surplus and Program Se 71076. 71078.

Form 990EZ, Part II, Line 26

Rounding 1.

Raw XML Appendix229 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PhoneNum08286493367
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 626
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Marshall
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028753
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019699
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IRS990EZ/MembershipDuesAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cory Griffin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Paula Jenkins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dr Meg Pressley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lisa Wyatt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Herbert Buckner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jackie Ball
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Lynn Lackey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jimmy Huffman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Charles Coffey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Ross Young
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Advisor
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt028067
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028142
IRS990EZ/OtherExpensesTotalAmt08561
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Recreation, Education & Economic
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Madison County Fair, Rodeo Activities, Facility and Placefor the Community to come together, concessions are alsoavaliable, timer, sound system & socoreboard are used for
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt09853
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09853
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt071077
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt071078
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013415
IRS990EZ/TotalProgramServiceExpensesAmt09853
IRS990EZ/TotalRevenueAmt021706
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt054472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt070007
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0178708
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011853
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011853
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93780
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0178708
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09853
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt042353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt054472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt070007
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0178708
IRS990ScheduleA/TotalSupportAmt0190561
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fair Expenses - Inflatables 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance 4094.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Membership Dues 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Supplies 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies Expense 468.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Website Expense 139.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Chartiable Contributions 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Service Charge Expense 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Checks Written for Change 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Fireworks Expense 3550.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Equipment 28067. 28142.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Capital Surplus and Program Se 71076. 71078.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Rounding 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Lisa O Wyatt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08286493367
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Madison County Fairgrounds Inc
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0043810067
ReturnHeader/Filer/PhoneNum08286493367
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 626
ReturnHeader/Filer/USAddress/CityNm0Marshall
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028753
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0851220829
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISSEY M THOMAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0285 ALISON FARM RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHALL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028753
ReturnHeader/PreparerPersonGrp/PhoneNum08285457086
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michelle Thomas
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-15T16:26:15-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Lisa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wyatt
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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