Civic Intelligence

Grant County Fair Association

990EZ • Fiscal year 2015 • EIN 20-0707381

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

55th percentile

4.1%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

9.9%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$246,554

Up $9,817 (+4.1%) from 2014

Net Assets

Up

$246,554

Up $22,722 (+10%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$49,653

Up $4,470 (+9.9%) from 2014

Expenses

Up

$37,380

Up $6,505 (+21%) from 2014

Net Income

Down

$12,273

Down $2,035 (-14%) from 2014

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

2015

Assets$246,554
Liabilities-
Net Assets$246,554

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

2015

Revenue$49,653
Expenses$37,380
Net Income$12,273
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$49,653
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.-$16,652
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.-$11,574
TO EDUCATE THE CITIZENS OF GRANT COUNTY CONCERNING LIVESTOCK AND HOME ECONOMICS-$4,275
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.-$2,070
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
Michael Michael
Title
President
Phone
8709178318
Signed
2016-11-15
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 11,999 insurance 1,167 judges 556 rodeo participant expenses 2,585 insurance 1,167 concessions 414 ambulance service 315 security 300 portapotties 802 3,061 pageant/talent/parade insurance 1,166 participant expenses 904 expenses interest 1,041 dues 351 scholarship 200 misc 549 non-investment depreciation 4,275 total 30,852

Form 990-ez, Part I, Line 20

PRIOR PERIOD 10,449

Form 990-ez, Part II, Line 24

171,739 171,739 less accumulated depreciation 30,393 34,668 total 141,346 137,071

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 932 0 note payable 11,973 0

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOME EC/LIVESTOCK SHOW EXHIBITOR EXPENSES 11,999 INSURANCE 1,167 JUDGES 556 RODEO PARTICIPANT EXPENSES 2,585 INSURANCE 1,167 CONCESSIONS 414 AMBULANCE SERVICE 315 SECURITY 300 PORTAPOTTIES 802 3,061 PAGEANT/TALENT/PARADE INSURANCE 1,166 PARTICIPANT EXPENSES 904 EXPENSES INTEREST 1,041 DUES 351 SCHOLARSHIP 200 MISC 549 NON-INVESTMENT DEPRECIATION 4,275 TOTAL 30,852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD 10,449
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2171,739 171,739 LESS ACCUMULATED DEPRECIATION 30,393 34,668 TOTAL 141,346 137,071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 932 0 NOTE PAYABLE 11,973 0
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MICHAEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08709178318
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANT COUNTY FAIR ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0200707381
ReturnHeader/Filer/PhoneNum08709420775
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 511
ReturnHeader/Filer/USAddress/CityNm0SHERIDAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072150
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/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA E GROVE
ReturnHeader/ReturnTs02016-11-15T13:25:34-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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