Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 06-6052487 • 501(c)5 • Durham, CT
Profile
The durham agricultural fair association, inc. (association) is organized for the purpose of sponsoring an annual agricultural fair, which is known as the durham fair. The association is managed entirely by unpaid volunteers.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
21st percentile
Higher top officer pay than 21% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Up$1,880,520
Up $203,207 (+12%) from 2023
Liabilities
Up$410,284
Up $213,365 (+108%) from 2023
Net Assets
Down$1,470,236
Down $10,158 (-0.7%) from 2023
Revenue
Up$2,212,087
Up $649,911 (+42%) from 2023
Expenses
Up$2,222,245
Up $53,322 (+2.5%) from 2023
Net Income
Up-$10,158
Up $596,589 (+98%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The durham agricultural fair association, inc. (association) is organized for the purpose of sponsoring an annual agricultural fair, which is known as the durham fair. The association is managed entirely by unpaid volunteers.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,547,622 | $1,538,596 | ▼ $9,026 |
| Savings and Temporary Cash Investments | $86,407 | $278,981 | ▲ $192,574 |
| Prepaid Expenses and Deferred Charges | $34,154 | $34,563 | ▲ $409 |
| Accounts Receivable | $30 | $19,280 | ▲ $19,250 |
| Total Assets | $1,677,313 | $1,880,520 | ▲ $203,207 |
| Other Assets Total | $9,100 | $9,100 | → $0 |
| Liabilities | |||
| Other Liabilities | $135,069 | $352,121 | ▲ $217,052 |
| Accounts Payable and Accrued Expenses | $56,947 | $54,760 | ▼ $2,187 |
| Escrow Account Liability | $4,903 | $3,403 | ▼ $1,500 |
| Total Liabilities | $196,919 | $410,284 | ▲ $213,365 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,480,394 | $1,470,236 | ▼ $10,158 |
| Total Net Assets Fund Balance | $1,480,394 | $1,470,236 | ▼ $10,158 |
| Total Liabilities and Net Assets / Fund Balance | $1,677,313 | $1,880,520 | ▲ $203,207 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $854,731 | $5,372,901 | $6,227,632 |
| Equipment | $163,537 | $518,754 | $682,291 |
| Land | $520,328 | - | $520,328 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,197,245 |
| Grants and Similar Amounts Paid | $25,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $95,008 | $31,669 | - | $126,677 |
| Insurance | $68,228 | $7,581 | - | $75,809 |
| All Other Expenses | $19,532 | $34,728 | - | $54,260 |
| Other Expenses | $37,502 | $4,167 | - | $41,669 |
| Grants to Domestic Individuals | $25,000 | - | - | $25,000 |
| Fees for Services Legal | - | $20,751 | - | $20,751 |
| Office Expenses | - | $18,722 | - | $18,722 |
| Interest | $14,355 | $1,595 | - | $15,950 |
| Fees for Services Accounting | - | $6,700 | - | $6,700 |
| Conferences and Meetings | $3,709 | $412 | - | $4,121 |
| Advertising | $630 | $70 | - | $700 |
| Total Functional Expenses | $2,081,674 | $140,571 | $0 | $2,222,245 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,222,245 |
| Total Expenses per Audited Statements | $2,222,245 |
| Total Expenses per Form 990 | $2,222,245 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Line of Credit | $200,100 |
| Deferred Income | $152,021 |
“The organzation does have members who have the power to elect officers, coordinators, directors and superintendents at the annual meeting in december.”
“The officers of the bod's are provided a copy of the 990 to review prior to filing.”
“The board of directors reviews all conflicts and determines enforcement of the policy.”
“Governing documents are made available to the public upon request.”
“The durham agricultural fair association, inc. (association) is organized for the purpose of sponsoring an annual agricultural fair, which is known as the durham fair. The association is managed entirely by unpaid volunteers.”
“The durham fair association is managed by an all volunteer board of directors and the activities of the association are performed by volunteers.”
“Escrow related to rental deposits”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 54760 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 30 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 19280 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE DURHAM AGRICULTURAL FAIR ASSOCIATION, INC. (ASSOCIATION) IS ORGANIZED FOR THE PURPOSE OF SPONSORING AN ANNUAL AGRICULTURAL FAIR, WHICH IS KNOWN AS THE DURHAM FAIR. THE ASSOCIATION IS MANAGED ENTIRELY BY UNPAID VOLUNTEERS. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 700 |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 54260 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -10158 |
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| IRS990/CYTotalExpensesAmt | 0 | 2222245 |
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| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2212087 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
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| IRS990/Desc | 0 | SPONSORING THE ANNUAL AGRICULTURAL DURHAM FAIR. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
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| IRS990/EmployeeCnt | 0 | 0 |
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| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 3403 |
| IRS990/ExpenseAmt | 0 | 2081674 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6700 |
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| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 20751 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 49 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 50 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 52 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 54 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 77 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 78 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 79 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 80 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 130 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 131 | 0 |
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