Civic Intelligence

Grant County Fair Association

990EZ • Fiscal year 2014 • EIN 20-0707381

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

P O Box 511Sheridan, AR 72150

(870) 942-0775

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

55th percentile

4.7%

Faster asset growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$236,737

Up $10,609 (+4.7%) from 2013

Net Assets

Up

$223,832

Up $14,267 (+6.8%) from 2013

Liabilities

Down

$12,905

Down $3,658 (-22%) from 2013

Revenue

Up

$45,183

Up $7,583 (+20%) from 2013

Expenses

Down

$30,875

Down $2,604 (-7.8%) from 2013

Net Income

Up

$14,308

Up $10,187 (+247%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $221,907Liabilities 2010: $26,347Net Assets 2010: $195,5602010Assets 2011: $228,636Liabilities 2011: $23,342Net Assets 2011: $205,2942011Assets 2012: $225,190Liabilities 2012: $19,951Net Assets 2012: $205,2392012Assets 2013: $226,128Liabilities 2013: $16,563Net Assets 2013: $209,5652013Assets 2014: $236,737Liabilities 2014: $12,905Net Assets 2014: $223,8322014Assets 2015: $246,554Net Assets 2015: $246,5542015Assets 2016: $253,107Liabilities 2016: $02016Assets 2017: $249,636Net Assets 2017: $249,6362017

Highlighted filing

2014

Assets$236,737
Liabilities$12,905
Net Assets$223,832

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $38,166Expenses 2010: $43,611Net Income 2010: -$5,4452010Revenue 2011: $45,403Expenses 2011: $35,670Net Income 2011: $9,7332011Revenue 2012: $35,286Expenses 2012: $31,184Net Income 2012: $4,1022012Revenue 2013: $37,600Expenses 2013: $33,479Net Income 2013: $4,1212013Revenue 2014: $45,183Expenses 2014: $30,875Net Income 2014: $14,3082014Revenue 2015: $49,653Expenses 2015: $37,380Net Income 2015: $12,2732015Revenue 2016: $74,649Expenses 2016: $40,974Net Income 2016: $33,6752016Revenue 2017: $31,527Expenses 2017: $34,925Net Income 2017: -$3,3982017

Highlighted filing

2014

Revenue$45,183
Expenses$30,875
Net Income$14,308
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$45,183
Mission and Program Overview

Mission

To educate the citizens of grant county and surrounding areas in the fields of livestock, poultry, crops and home economic activities.

Program Services

DescriptionGrantsExpenses
HOME ECONOMICS/LIVESTOCK COMPETITION AND SHOW: THE OBJECT IS TO FOSTER TALENTS AND SKILLS IN EACH OF THE DESIGNATED AREAS PLUS ALLOW PARTICIPANTS TO DEVELOP A SENSE OF PERSONAL PRIDE AND COMMUNITY SUPPORT. THE LIVESTOCK PORTION OF THE ACTIVITY ALSO FOSTERS A LEARNING OF PROPER METHODS OF LIVESTOCK PRODUCTION, RECORD KEEPING AND MANAGEMENT PRACTICES. THE HOME ECONOMICS/LIVESTOCK PROGRAM HAS APPROXIMATELY 500 ENTRIES. ATTENDANCE TO VIEW THE ENTRIES AVERAGES 500 TO 600 DAILY DURING THE FIVE DAY EVENT.-$22,873
TO EDUCATE THE CITIZENS OF GRANT COUNTY CONCERNING LIVESTOCK AND HOME ECONOMICS-$4,320
RODEO: THE OBJECTIVE IS TO FOSTER THE LEARNING OF PROPER METHODS OF HORSEMANSHIP, DEVELOPMENT OF FAIR PLAY AND SELF-DISCIPLINE AND BUILD UP PERSONAL PRIDE. THE EVENT DRAWS APPROXIMATELY 75 PARTICIPANTS. AVERAGE NIGHT ATTENDANCE IS 500 FOR THE TWO NIGHT EVENT.--
BEAUTY PAGEANT/TALENT SHOW/PARADE: THE OBJECTIVE IS TO NURTURE POSIE, MANNERS, AND DEVELOPMENT OF TALENT IN THE CONTESTANTS WHILE DEVELOPING A SENSE OF FAIR PLAY, SELF-DISCIPLINE, CONFIDENCE AND COMMUNITY SPIRIT. THE PAGEANT/TALENT SHOW DRAWS APPROXIMATELY 50 PARTICIPANTS. AVERAGE ATTENDENCE TO THE EVENT IS 200. THE PARADE DRAWS APPROXIMATELY 75 TO 100 PARTICIPANTS WITH ATTENDANCE RUNNING APPROXIMATELY 500 PEOPLE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BILL HALE1st VP-$0--
MICHAEL MICHAELPresident-$0--
SCOTT WELLSParliamentar-$0--
ELIZABETH HALESecretary-$0--
GARY SMITHTreasurer-$0--
KELLY NAMES2nd VP-$0--
SHERRILL THOMASONAt Large-$0--
ERIC LITES3rd VP-$0--
KIM TEAGUEReporter-$0--
Filing and Contact Details

Filer

Filer Name
Grant County Fair Association
EIN
20-0707381
Phone
8709420775
Address
P O BOX 511, SHERIDAN, AR 72150

Signing Officer

Name
Elizabeth Hale
Title
Secretary
Phone
8709420775
Signed
2015-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Grove & Company
Address
102 N OAK, SHERIDAN, AR 72150
Preparer
Lisa E Grove
Phone
8709420775
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Home ec/livestock show exhibitor expenses 12,590 insurance 675 judges 67 rodeo participant expenses 1,871 insurance 675 rodeo management 440 concessions 337 repairs and maintenance 705 pageant/talent/parade insurance 674 participant expenses 1,484 parade expenses 245 expenses interest 932 dues 348 supplies 21 scholarship 200 misc 1,033 sheets 1,148 non-investment depreciation 4,320 total 27,765

Form 990-ez, Part I, Line 20

PRIOR PERIOD -41

Form 990-ez, Part II, Line 24

166,998 171,739 less accumulated depreciation 26,073 30,393 total 140,925 141,346

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,202 932 note payable 15,361 11,973

Form 990-ez, Part III

To educate the citizens of grant county and surrounding areas in the fields of livestock, poultry, crops and home economic activities.

Form 990-ez, Part III, Line 28

Home economics/livestock competition and show: the object is to foster talents and skills in each of the designated areas plus allow participants to develop a sense of personal pride and community support. The livestock portion of the activity also fosters a learning of proper methods of livestock production, record keeping and management practices. The home economics/livestock program has approximately 500 entries. Attendance to view the entries averages 500 to 600 daily during the five day event.

Form 990-ez, Part III, Line 29

Rodeo: the objective is to foster the learning of proper methods of horsemanship, development of fair play and self-discipline and build up personal pride. The event draws approximately 75 participants. Average night attendance is 500 for the two night event.

Form 990-ez, Part III, Line 30

Beauty pageant/talent show/parade: the objective is to nurture posie, manners, and development of talent in the contestants while developing a sense of fair play, self-discipline, confidence and community spirit. The pageant/talent show draws approximately 50 participants. Average attendence to the event is 200. The parade draws approximately 75 to 100 participants with attendance running approximately 500 people.

Form 990-ez, Part III, Line 31

To educate the citizens of grant county concerning livestock and home economics

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOME EC/LIVESTOCK SHOW EXHIBITOR EXPENSES 12,590 INSURANCE 675 JUDGES 67 RODEO PARTICIPANT EXPENSES 1,871 INSURANCE 675 RODEO MANAGEMENT 440 CONCESSIONS 337 REPAIRS AND MAINTENANCE 705 PAGEANT/TALENT/PARADE INSURANCE 674 PARTICIPANT EXPENSES 1,484 PARADE EXPENSES 245 EXPENSES INTEREST 932 DUES 348 SUPPLIES 21 SCHOLARSHIP 200 MISC 1,033 SHEETS 1,148 NON-INVESTMENT DEPRECIATION 4,320 TOTAL 27,765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD -41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2166,998 171,739 LESS ACCUMULATED DEPRECIATION 26,073 30,393 TOTAL 140,925 141,346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,202 932 NOTE PAYABLE 15,361 11,973
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO EDUCATE THE CITIZENS OF GRANT COUNTY AND SURROUNDING AREAS IN THE FIELDS OF LIVESTOCK, POULTRY, CROPS AND HOME ECONOMIC ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HOME ECONOMICS/LIVESTOCK COMPETITION AND SHOW: THE OBJECT IS TO FOSTER TALENTS AND SKILLS IN EACH OF THE DESIGNATED AREAS PLUS ALLOW PARTICIPANTS TO DEVELOP A SENSE OF PERSONAL PRIDE AND COMMUNITY SUPPORT. THE LIVESTOCK PORTION OF THE ACTIVITY ALSO FOSTERS A LEARNING OF PROPER METHODS OF LIVESTOCK PRODUCTION, RECORD KEEPING AND MANAGEMENT PRACTICES. THE HOME ECONOMICS/LIVESTOCK PROGRAM HAS APPROXIMATELY 500 ENTRIES. ATTENDANCE TO VIEW THE ENTRIES AVERAGES 500 TO 600 DAILY DURING THE FIVE DAY EVENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RODEO: THE OBJECTIVE IS TO FOSTER THE LEARNING OF PROPER METHODS OF HORSEMANSHIP, DEVELOPMENT OF FAIR PLAY AND SELF-DISCIPLINE AND BUILD UP PERSONAL PRIDE. THE EVENT DRAWS APPROXIMATELY 75 PARTICIPANTS. AVERAGE NIGHT ATTENDANCE IS 500 FOR THE TWO NIGHT EVENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BEAUTY PAGEANT/TALENT SHOW/PARADE: THE OBJECTIVE IS TO NURTURE POSIE, MANNERS, AND DEVELOPMENT OF TALENT IN THE CONTESTANTS WHILE DEVELOPING A SENSE OF FAIR PLAY, SELF-DISCIPLINE, CONFIDENCE AND COMMUNITY SPIRIT. THE PAGEANT/TALENT SHOW DRAWS APPROXIMATELY 50 PARTICIPANTS. AVERAGE ATTENDENCE TO THE EVENT IS 200. THE PARADE DRAWS APPROXIMATELY 75 TO 100 PARTICIPANTS WITH ATTENDANCE RUNNING APPROXIMATELY 500 PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TO EDUCATE THE CITIZENS OF GRANT COUNTY CONCERNING LIVESTOCK AND HOME ECONOMICS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANT COUNTY FAIR ASSOCIATION
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ReturnHeader/Filer/EIN0200707381
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364520465
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GROVE & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102 N OAK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHERIDAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072150
ReturnHeader/PreparerPersonGrp/PhoneNum08709420775
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA E GROVE
ReturnHeader/ReturnTs02015-11-12T14:37:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits