Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Balance Sheet
Assets
Up$101,525
Up $28,498 (+39%) from 2014
Net Assets
Up$100,675
Up $27,698 (+38%) from 2014
Liabilities
Up$850
Up $800 (+1600%) from 2014
Revenue And Expenses
Revenue
Up$68,485
Up $469 (+0.7%) from 2014
Expenses
Up$40,787
Up $6,052 (+17%) from 2014
Net Income
Down$27,698
Down $5,583 (-17%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 15, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $188,465
Mission and Program Overview
Mission
To promote and foster the different cultures of midland county and to provide for the maintenance of midland county horseshoe arena.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOLD ANNUAL COUNTY FAIR TO PROMOTE THE CULTURE OF THE AREA. APPROXIMATELY 6,000 PEOPLE ATTENDED TO VIEW EXHIBITS AND LIVESTOCK. ANY NET REVENUE FROM THE FAIR IS SPLIT WITH THE COUNTY OF MIDLAND NET OF RESERVE FOR OPERATING EXPENSES. THE REMAINDER AFTER THE RESERVE AND SPLIT IS COMTRIBUTED TO AREA CAUSES. | - | $14,194 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TAMMY DOOLEY | Director | - | $0 | - | - |
| JOSE ZERTUCHE | President | - | $0 | - | - |
| A ZAN MATTHIES JR | Secretary | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| County Fair | $158,437 | $158,437 | $119,980 | $38,457 |
| Total Events | $158,437 | $158,437 | $119,980 | $38,457 |
Filing and Contact Details
Filer
- Filer Name
- Midland County Fair Inc
- EIN
- 27-3193564
- Phone
- 4326850029
- Address
- PO BOX 50431, MIDLAND, TX 79710
Signing Officer
- Name
- Jose Zertuche
- Title
- President
- Phone
- 4326850029
- Signed
- 2016-11-15
Preparer
- Firm
- James N Danford CPA Pc
- Address
- 211 E BRIDGE ST, GRANBURY, TX 76048-2247
- Preparer
- James N Danford CPA
- Phone
- 8172791551
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses conferences and trad shows 4,072 board insurance 2,699 sponsorships/scholarships 9,025 midland county split 2,669 other charitable donation 2,500 dues and subscriptions 1,243 supplies 616 total 22,824”
Form 990-ez, Part II, Line 26
“VENDOR DEPOSITS 50 850”
Form 990-ez, Part III
“To promote and foster the different cultures of midland county and to provide for the maintenance of midland county horseshoe arena.”
Form 990-ez, Part III, Line 28
“Hold annual county fair to promote the culture of the area. Approximately 6,000 people attended to view exhibits and livestock. Any net revenue from the fair is split with the county of midland net of reserve for operating expenses. The remainder after the reserve and split is comtributed to area causes.”
Raw XML Appendix113 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JAMES N DANFORD CPA PC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8172791551 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 211 E BRIDGE ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GRANBURY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76048 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 73027 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 101525 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 30000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 27698 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 17411 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 73027 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 101525 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 158437 |
| IRS990EZ/GrossReceiptsAmt | 0 | 188465 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 28 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 72977 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 100675 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 72977 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 100675 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TAMMY DOOLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOSE ZERTUCHE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | A ZAN MATTHIES JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 22824 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE AND FOSTER THE DIFFERENT CULTURES OF MIDLAND COUNTY AND TO PROVIDE FOR THE MAINTENANCE OF MIDLAND COUNTY HORSESHOE ARENA. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 552 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOLD ANNUAL COUNTY FAIR TO PROMOTE THE CULTURE OF THE AREA. APPROXIMATELY 6,000 PEOPLE ATTENDED TO VIEW EXHIBITS AND LIVESTOCK. ANY NET REVENUE FROM THE FAIR IS SPLIT WITH THE COUNTY OF MIDLAND NET OF RESERVE FOR OPERATING EXPENSES. THE REMAINDER AFTER THE RESERVE AND SPLIT IS COMTRIBUTED TO AREA CAUSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14194 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 119980 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 38457 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 50 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 850 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 40787 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 14194 |
| IRS990EZ/TotalRevenueAmt | 0 | 68485 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 119980 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | COUNTY FAIR |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 158437 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 158437 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 158437 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 158437 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 38457 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 119980 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 119980 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES CONFERENCES AND TRAD SHOWS 4,072 BOARD INSURANCE 2,699 SPONSORSHIPS/SCHOLARSHIPS 9,025 MIDLAND COUNTY SPLIT 2,669 OTHER CHARITABLE DONATION 2,500 DUES AND SUBSCRIPTIONS 1,243 SUPPLIES 616 TOTAL 22,824 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VENDOR DEPOSITS 50 850 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO PROMOTE AND FOSTER THE DIFFERENT CULTURES OF MIDLAND COUNTY AND TO PROVIDE FOR THE MAINTENANCE OF MIDLAND COUNTY HORSESHOE ARENA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | HOLD ANNUAL COUNTY FAIR TO PROMOTE THE CULTURE OF THE AREA. APPROXIMATELY 6,000 PEOPLE ATTENDED TO VIEW EXHIBITS AND LIVESTOCK. ANY NET REVENUE FROM THE FAIR IS SPLIT WITH THE COUNTY OF MIDLAND NET OF RESERVE FOR OPERATING EXPENSES. THE REMAINDER AFTER THE RESERVE AND SPLIT IS COMTRIBUTED TO AREA CAUSES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOSE ZERTUCHE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4326850029 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MIDLAND COUNTY FAIR INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MIDL |
| ReturnHeader/Filer/EIN | 0 | 273193564 |
| ReturnHeader/Filer/PhoneNum | 0 | 4326850029 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 50431 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MIDLAND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 79710 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 202668240 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JAMES N DANFORD CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 211 E BRIDGE ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GRANBURY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 760482247 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8172791551 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES N DANFORD CPA |
| ReturnHeader/ReturnTs | 0 | 2016-11-16T08:23:38-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $101,525
- Liabilities
- $850
- Net assets
- $100,675
- Revenue
- $68,485
- Expenses
- $40,787
- Net income
- $27,698