Civic Intelligence

Bell County Fair and Exhibition Board Inc.

990 • Fiscal year 2016 • EIN 31-1558627

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 24, 2017

PO Box 2681Middlesboro, KY 40965

(606) 248-5932

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

52nd percentile

1.7%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-7.0%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$458,908

Up $7,584 (+1.7%) from 2015

Net Assets

Up

$458,908

Up $31,101 (+7.3%) from 2015

Liabilities

Down

$0

Down $23,517 (-100%) from 2015

Revenue

Down

$218,934

Down $16,509 (-7.0%) from 2015

Expenses

Down

$187,831

Down $31,699 (-14%) from 2015

Net Income

Up

$31,103

Up $15,190 (+95%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $609,420Liabilities 2011: $220,243Net Assets 2011: $389,1772011Assets 2012: $421,642Liabilities 2012: $77,262Net Assets 2012: $344,3802012Assets 2013: $466,088Liabilities 2013: $62,058Net Assets 2013: $404,0302013Assets 2014: $458,111Liabilities 2014: $46,217Net Assets 2014: $411,8942014Assets 2015: $451,324Liabilities 2015: $23,517Net Assets 2015: $427,8072015Assets 2016: $458,908Liabilities 2016: $0Net Assets 2016: $458,9082016Assets 2017: $592,098Liabilities 2017: $0Net Assets 2017: $592,0982017Assets 2018: $647,697Liabilities 2018: $0Net Assets 2018: $647,6972018Assets 2019: $614,813Liabilities 2019: $0Net Assets 2019: $614,8132019Assets 2020: $539,588Liabilities 2020: $0Net Assets 2020: $539,5882020Assets 2021: $748,266Liabilities 2021: $0Net Assets 2021: $748,2662021Assets 2022: $769,788Liabilities 2022: $0Net Assets 2022: $769,7882022Assets 2023: $848,785Liabilities 2023: $0Net Assets 2023: $848,7852023

Highlighted filing

2016

Assets$458,908
Liabilities$0
Net Assets$458,908

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $94,6642011Expenses 2012: $211,2602012Revenue 2013: $265,292Expenses 2013: $205,642Net Income 2013: $59,6502013Revenue 2014: $217,010Expenses 2014: $209,152Net Income 2014: $7,8582014Revenue 2015: $235,443Expenses 2015: $219,530Net Income 2015: $15,9132015Revenue 2016: $218,934Expenses 2016: $187,831Net Income 2016: $31,1032016Revenue 2017: $318,974Expenses 2017: $185,785Net Income 2017: $133,1892017Revenue 2018: $221,616Expenses 2018: $166,017Net Income 2018: $55,5992018Revenue 2019: $87,066Expenses 2019: $119,950Net Income 2019: -$32,8842019Revenue 2020: -$41,508Expenses 2020: $33,718Net Income 2020: -$75,2262020Revenue 2021: $271,021Expenses 2021: $164,773Net Income 2021: $106,2482021Revenue 2022: $214,713Expenses 2022: $193,191Net Income 2022: $21,5222022Revenue 2023: $283,633Expenses 2023: $204,636Net Income 2023: $78,9972023

Highlighted filing

2016

Revenue$218,934
Expenses$187,831
Net Income$31,103
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 24, 2017
Return Version
2016v3.0
Gross Receipts
$2,227,042
Mission and Program Overview

Mission

Provide low cost public entertainment through a local yearly county fair and provide low cost facilities to charitable organizations for fund raising.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$274,725$262,241▼ $12,484
Cash and Non-Interest-Bearing Accounts$163,202$183,244▲ $20,042
Savings and Temporary Cash Investments$13,397$13,423▲ $26
Total Assets$451,324$458,908▲ $7,584
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,517--
Total Liabilities$23,517$0▼ $23,517
Net Assets / Fund Balance
Unrestricted Net Assets$427,807$458,908▲ $31,101
Total Net Assets Fund Balance$427,807$458,908▲ $31,101
Total Liabilities and Net Assets / Fund Balance$451,324$458,908▲ $7,584

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$202,689$99,598-
Land$49,000--
Equipment$10,552$15,827-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert M LincksPresident
Brent PursifullVice President
Bill KeysDirector
Bill PartinDirector
Diane CawoodDirector
Frank SmithDirector
Rick DizneyDirecotr
Tammy GrimSecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,255
Program Service Revenue
$8,919
Investment Income
$333
Other Revenue
$205,427
All Other Contributions
$4,255
Change in Net Assets
$31,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$44,098--$44,098
Depreciation Depletion$14,494--$14,494
Other Expenses$10,651--$10,651
Insurance$7,769--$7,769
Office Expenses$2,777--$2,777
Fees for Services Accounting$2,100--$2,100
Information Technology$2,086--$2,086
Advertising$588--$588
Interest$528--$528
Conferences and Meetings$361--$361
Total Functional Expenses$187,831$0$0$187,831
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$2,163,867
Gaming Direct Expenses$2,008,108
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tammy GrimmDirectorOrg Purchased Insurance From Director CorpNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Return was presented to finance committee for review and approval before submitting to irs

Conflict of interest policy compliance Part VI line 12C

Officers and directors are asked to reveal any conflict of interest before it occurs or as soon as it is known. The conflict of interest policy is reviewed at first board meeting of each year.

CEO executive director top management comp Part VI line 15A

The ceo, executive director or other top management does not receive compensation at this time. Before a plan is implemented there will be a policy for independent review and data obtained for comparable salaries and benefits

Other officer or key employee compensation Part VI line 15B

No other officers or key employees are receiving compensation at this time. Before a plan is implemented there will be a policy for independent review and data obtained for comparable salaries and benefits

Governing documents etc available to public Part VI line 19

Organizational and governmental documents along with financial records are available to the general public upon request

Filing and Contact Details

Filer

Filer Name
Bell County Fair & Exhibition Board
EIN
31-1558627
Address
PO BOX 2681, MIDDLESBORO, KY 40965

Signing Officer

Name
Robert M Lincks
Title
President
Phone
6062485932
Signed
2017-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert M Lincks
Formed
1997
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
PILLION ACCOUNTING and TAX
Address
PO BOX 626, MIDDLESBORO, KY 40965
Preparer
Vanessa Pillion
Phone
6062484829
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING -2

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0252
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0238
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01338
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0205427
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0214798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0196488
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0198048
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0220744
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01035505
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.09390
IRS990ScheduleA/PublicSupportPY509Pct00.09100
IRS990ScheduleA/PublicSupportTotal509Amt0107409
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013174
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020380
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt020272
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt037992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt015591
IRS990ScheduleA/Total509Grp/TotalAmt0107409
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0218934
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0235443
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0217010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0236292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0236573
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01144252
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0202689
IRS990ScheduleD/BuildingsGrp/DepreciationAmt099598
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0302287
IRS990ScheduleD/EquipmentGrp/BookValueAmt010552
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015827
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt026379
IRS990ScheduleD/LandGrp/BookValueAmt049000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt049000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0262241
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt0494450
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt01336747
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01831197
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt02008108
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0422376
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt01741491
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt02163867
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0155759
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0176911
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt095645
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt081266
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsPct01.00000
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0DIANE CAWOOD
IRS990ScheduleG/GamingManagerServicesProvTxt0RECORDKEEPING ORDERING VOLUNTEER SUPERVISION
IRS990ScheduleG/GamingOwnFacilityPct01.000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0DIANE CAWOOD FELISHA PATTERSON
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 2681
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0MIDDLESBORO
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0KY
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd040965
IRS990ScheduleG/StatesWhereGamingConductedCd0KY
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0NAME - FELISHA PATTERSONCOMPENSATION - 0 - SERVICES PROVIDED - RECORDKEEPING, ORDERING, VOLUNTEER SUPERVISION
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional gaming manager information (Part III, line 16)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TAMMY GRIMM
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ORG PURCHASED INSURANCE FROM DIRECTOR CORP
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN WAS PRESENTED TO FINANCE COMMITTEE FOR REVIEW AND APPROVAL BEFORE SUBMITTING TO IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND DIRECTORS ARE ASKED TO REVEAL ANY CONFLICT OF INTEREST BEFORE IT OCCURS OR AS SOON AS IT IS KNOWN. THE CONFLICT OF INTEREST POLICY IS REVIEWED AT FIRST BOARD MEETING OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO, EXECUTIVE DIRECTOR OR OTHER TOP MANAGEMENT DOES NOT RECEIVE COMPENSATION AT THIS TIME. BEFORE A PLAN IS IMPLEMENTED THERE WILL BE A POLICY FOR INDEPENDENT REVIEW AND DATA OBTAINED FOR COMPARABLE SALARIES AND BENEFITS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER OFFICERS OR KEY EMPLOYEES ARE RECEIVING COMPENSATION AT THIS TIME. BEFORE A PLAN IS IMPLEMENTED THERE WILL BE A POLICY FOR INDEPENDENT REVIEW AND DATA OBTAINED FOR COMPARABLE SALARIES AND BENEFITS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATIONAL AND GOVERNMENTAL DOCUMENTS ALONG WITH FINANCIAL RECORDS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING -2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0451324
IRS990/TotalAssetsEOYAmt0458908
IRS990/TotalAssetsGrp/BOYAmt0451324
IRS990/TotalAssetsGrp/EOYAmt0458908
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04255
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0187831
IRS990/TotalFunctionalExpensesGrp/TotalAmt0187831
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023517
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt023517
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0427807
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0458908
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0187831
IRS990/TotalProgramServiceRevenueAmt08919
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0214679
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0218934
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0451324
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0458908
IRS990/TotReportableCompRltdOrgAmt00

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