Civic Intelligence

Grant County Fair Association

990EZ • Fiscal year 2017 • EIN 20-0707381

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.4%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-58%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$249,636

Down $3,471 (-1.4%) from 2016

Net Assets

$249,636

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$31,527

Down $43,122 (-58%) from 2016

Expenses

Down

$34,925

Down $6,049 (-15%) from 2016

Net Income

Down

-$3,398

Down $37,073 (-110%) from 2016

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

2017

Assets$249,636
Liabilities-
Net Assets$249,636

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

2017

Revenue$31,527
Expenses$34,925
Net Income-$3,398
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$31,527
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.-$15,736
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.-$6,932
TO EDUCATE THE CITIZENS OF GRANT COUNTY CONCERNING LIVESTOCK AND HOME ECONOMICS-$4,221
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.-$1,465
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BILL HALE1st VP-$0--
MICHAEL MICHAELPresident-$0--
SCOTT WELLSAt Large-$0--
ELIZABETH HALESecretary/TrPT$0--
KELLY NAMES2nd VP-$0--
SHERRILL THOMASONParliamentar-$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/treasurer
Phone
8709178318
Signed
2018-11-09
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 11,414 judges 481 security 150 repairs and maintenance 137 bad debts 150 rodeo 360 participant expenses 1,190 concessions 1,021 security 150 portapotties 807 pageant/talent/parade participant expenses 1,180 parade expenses 285 expenses 570 4,831 dues 532 scholarship 200 fees 413 non-investment depreciation 4,221 total 28,092

Form 990-ez, Part I, Line 20

-73

Form 990-ez, Part II, Line 24

171,739 178,221 less accumulated depreciation 38,885 43,106 total 132,854 135,115

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 11,414 JUDGES 481 SECURITY 150 REPAIRS AND MAINTENANCE 137 BAD DEBTS 150 RODEO 360 PARTICIPANT EXPENSES 1,190 CONCESSIONS 1,021 SECURITY 150 PORTAPOTTIES 807 PAGEANT/TALENT/PARADE PARTICIPANT EXPENSES 1,180 PARADE EXPENSES 285 EXPENSES 570 4,831 DUES 532 SCHOLARSHIP 200 FEES 413 NON-INVESTMENT DEPRECIATION 4,221 TOTAL 28,092
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1-73
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2171,739 178,221 LESS ACCUMULATED DEPRECIATION 38,885 43,106 TOTAL 132,854 135,115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO EDUCATE THE CITIZENS OF GRANT COUNTY AND SURROUNDING AREAS IN THE FIELDS OF LIVESTOCK, POULTRY, CROPS AND HOME ECONOMIC ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HOME 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/ExplanationTxt5RODEO: 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/ExplanationTxt6BEAUTY 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/ExplanationTxt7TO 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 III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 31
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA E GROVE
ReturnHeader/ReturnTs02018-11-12T11:40:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits