Civic Intelligence

Warren County Fair Inc

990 • Fiscal year 2017 • EIN 25-1653028

Nov 01, 2016 to Oct 31, 2017 • Filed on Mar 12, 2018

PO Box 230Pittsfield, PA 16340

(814) 723-7741

Siviq Scores

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

Liabilities / Assets

44th percentile

0.06x

Higher debt load relative to assets than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.14x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.7%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

48th percentile

2.7%

Faster asset growth than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,305,382

Up $34,363 (+2.7%) from 2016

Net Assets

Up

$1,224,360

Up $26,893 (+2.2%) from 2016

Liabilities

Up

$81,022

Up $7,470 (+10%) from 2016

Revenue

Up

$566,487

Up $65,332 (+13%) from 2016

Expenses

Down

$539,594

Down $7,434 (-1.4%) from 2016

Net Income

Up

$26,893

Up $72,766 (+159%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $1,271,019Liabilities 2016: $73,552Net Assets 2016: $1,197,4672016Assets 2017: $1,305,382Liabilities 2017: $81,022Net Assets 2017: $1,224,3602017Assets 2018: $1,337,128Liabilities 2018: $68,006Net Assets 2018: $1,269,1222018Assets 2019: $1,411,179Liabilities 2019: $62,101Net Assets 2019: $1,349,0782019Assets 2020: $1,509,257Liabilities 2020: $49,104Net Assets 2020: $1,460,1532020Assets 2021: $1,557,215Liabilities 2021: $1,229Net Assets 2021: $1,555,9862021Assets 2022: $1,806,329Liabilities 2022: $110,707Net Assets 2022: $1,695,6222022Assets 2023: $1,792,438Liabilities 2023: $1,392Net Assets 2023: $1,791,0462023Assets 2024: $1,840,784Liabilities 2024: $1,102Net Assets 2024: $1,839,6822024Assets 2025: $2,057,172Liabilities 2025: $406Net Assets 2025: $2,056,7662025

Highlighted filing

2017

Assets$1,305,382
Liabilities$81,022
Net Assets$1,224,360

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $501,155Expenses 2016: $547,028Net Income 2016: -$45,8732016Revenue 2017: $566,487Expenses 2017: $539,594Net Income 2017: $26,8932017Revenue 2018: $641,319Expenses 2018: $618,363Net Income 2018: $22,9562018Revenue 2019: $693,711Expenses 2019: $613,834Net Income 2019: $79,8772019Revenue 2020: $282,033Expenses 2020: $172,390Net Income 2020: $109,6432020Revenue 2021: $705,065Expenses 2021: $609,232Net Income 2021: $95,8332021Revenue 2022: $809,438Expenses 2022: $669,815Net Income 2022: $139,6232022Revenue 2023: $782,956Expenses 2023: $687,534Net Income 2023: $95,4222023Revenue 2024: $786,418Expenses 2024: $737,782Net Income 2024: $48,6362024Revenue 2025: $1,032,670Expenses 2025: $815,586Net Income 2025: $217,0842025

Highlighted filing

2017

Revenue$566,487
Expenses$539,594
Net Income$26,893
Jump To
Filing Snapshot
Filing Period
Nov 1, 2016 to Oct 31, 2017
Signed
Mar 12, 2018
Return Version
2016v3.0
Gross Receipts
$604,353
Mission and Program Overview

Mission

COUNTY FAIR

County fair to promote the understanding and appreciation of and to educate adults and youth in agriculture and home economics

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,062,308$1,083,170▲ $20,862
Cash and Non-Interest-Bearing Accounts$38,448$112,252▲ $73,804
Savings and Temporary Cash Investments$169,303$109,000▼ $60,303
Intangible Assets$960$960→ $0
Total Assets$1,271,019$1,305,382▲ $34,363
Liabilities
Mortgage Notes Payable Secured by Investment Property$72,765$80,557▲ $7,792
Accounts Payable and Accrued Expenses$487$465▼ $22
Deferred Revenue$300--
Total Liabilities$73,552$81,022▲ $7,470
Net Assets / Fund Balance
Unrestricted Net Assets$1,197,467$1,224,360▲ $26,893
Total Net Assets Fund Balance$1,197,467$1,224,360▲ $26,893
Total Liabilities and Net Assets / Fund Balance$1,271,019$1,305,382▲ $34,363

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$774,457$400,400$1,174,857
Equipment$47,109$431,844$478,953
Other Land Buildings$182,724$63,060$245,784
Land$78,880-$78,880
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dave WilcoxPresident
Dale BlissVice President
Dale McmillenDirector
Diane PayneDirector
Jeff ReagleDirector
Jeff RulanderDirector
John BimberDirector
John SidonDirector
John WardDirector
Kent SandenDirector
Linda FehrenbackDirector
Mike ChaseDirector
Patsy RepineDirector
Rick LoweDirector
Ryan JespesonDirector
Steve CarrAt Large
Jerry JespersonBldg & Grnds Mgr
Charles JohnsonConcessions Mg
Christy BurnsSecretary
Doris LabowskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$142,797
Program Service Revenue
$398,872
Investment Income
$341
Other Revenue
$24,477
All Other Contributions
$103,782
Change in Net Assets
$26,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$508,971
Salaries, Compensation, and Employee Benefits$30,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$55,480$6,164$0$61,644
Depreciation Depletion$40,889$3,359$0$44,248
Fees for Services Other$33,120$0$0$33,120
All Other Expenses$30,950$0$0$30,950
Other Salaries and Wages$26,962$0$0$26,962
Other Expenses$25,384$0$0$25,384
Advertising$22,460$0$0$22,460
Insurance$18,867$1,420$0$20,287
Office Expenses$8,483$3,636$0$12,119
Conferences and Meetings$4,550$0$0$4,550
Interest$3,214$0$0$3,214
Payroll Taxes$2,092$0$0$2,092
Information Technology$1,667$0$0$1,667
Other Employee Benefits$1,569$0$0$1,569
Travel$90$0$0$90
Total Functional Expenses$525,015$14,579$0$539,594
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$2,726
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Warren County Fair Inc
EIN
25-1653028
Phone
8147237741
Address
PO BOX 230, PITTSFIELD, PA 16340

Signing Officer

Name
Doris Labowski
Title
Treasurer
Phone
8147237741
Signed
2018-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David a Wilcox
Formed
1930
Legal Domicile
Pa
Voting Board Members
21
Independent Board Members
21
Employees
2
Volunteers
80

Preparer

Firm
Curt Wm Penwell CPA
Address
1209 Pennsylvania Ave East, Warren, PA 16365
Preparer
Curt Wm Penwell CPA
Phone
8147239651
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Jeffrey a rulander is son of jeffrey c rulander, both are directors

Pt VI, Line 2

Ryan jespersen is son of jerry jesperson, both are directors

Pt VI, Line 11B

The treasurer reviews the form 990 before signing & mailing

Pt VI, Line 15A

The board reviews wages paid to all employees who are members of the board.

Pt VI, Line 15B

The board makes its governing documents and form 990 available to the public upon request

Pt VI, Line 19

The board makes its governing documents and form 990 available to the public upon request

Form 990, Part IX, Line 24E

Supplies 3548. 3548. 0. 0.

Form 990, Part IX, Line 24E

Judges & Fees 4008. 4008. 0. 0.

Form 990, Part IX, Line 24E

Barn & Exhibit Expense 429. 429. 0. 0.

Form 990, Part IX, Line 24E

Dues & Subscriptions 1074. 1074. 0. 0.

Form 990, Part IX, Line 24E

Fuel 5655. 5655. 0. 0.

Form 990, Part IX, Line 24E

Licenses 0. 0. 0. 0.

Form 990, Part IX, Line 24E

Misc Fair Expense 12319. 12319. 0. 0.

Form 990, Part IX, Line 24E

Printing & Publications 1580. 1580. 0. 0.

Form 990, Part IX, Line 24E

Ribbons & Trophies 2337. 2337. 0. 0.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: GAMING 2012: 2220. 2013: 2965. 2014: 2500. 2015: 1591. 2016: 2726. Description: MISCELLANEOUS INCOME 2012: 3686. 2013: 1428. 2014: 1280. 2015: 353. 2016: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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