Civic Intelligence

Labette County Fair Association

990EZ • Fiscal year 2015 • EIN 48-6083077

Nov 01, 2014 to Oct 31, 2015 • Filed on Jun 14, 2016

PO Box 217Oswego, KS 67356

(620) 820-3382

Siviq Scores

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

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.61x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

70th percentile

14%

Higher net margin than 70% 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

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

92nd percentile

89%

Faster revenue growth than 92% of similar nonprofits.

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

Assets

Up

$250,982

Up $34,112 (+16%) from 2014

Net Assets

Up

$180,974

Up $16,204 (+9.8%) from 2014

Liabilities

Up

$70,008

Up $17,908 (+34%) from 2014

Revenue

Up

$114,492

Up $54,011 (+89%) from 2014

Expenses

Up

$98,288

Up $46,832 (+91%) from 2014

Net Income

Up

$16,204

Up $7,179 (+80%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $149,444Liabilities 2012: $17,1412012Assets 2013: $155,745Liabilities 2013: $0Net Assets 2013: $155,7452013Assets 2014: $216,870Liabilities 2014: $52,100Net Assets 2014: $164,7702014Assets 2015: $250,982Liabilities 2015: $70,008Net Assets 2015: $180,9742015Assets 2016: $351,535Liabilities 2016: $123,400Net Assets 2016: $228,1352016Assets 2017: $437,497Liabilities 2017: $96,000Net Assets 2017: $341,4972017Assets 2018: $616,349Liabilities 2018: $84,000Net Assets 2018: $532,3492018Assets 2019: $630,152Liabilities 2019: $72,000Net Assets 2019: $558,1522019Assets 2020: $690,599Liabilities 2020: $60,000Net Assets 2020: $630,5992020Assets 2021: $752,666Liabilities 2021: $36,000Net Assets 2021: $716,6662021Assets 2022: $828,055Liabilities 2022: $36,000Net Assets 2022: $792,0552022Assets 2023: $875,365Liabilities 2023: $24,000Net Assets 2023: $851,3652023

Highlighted filing

2015

Assets$250,982
Liabilities$70,008
Net Assets$180,974

Operations Trend

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

$600K$400K$200K$0Revenue 2012: $121,468Expenses 2012: $104,961Net Income 2012: $16,5072012Revenue 2013: $115,669Expenses 2013: $92,227Net Income 2013: $23,4422013Revenue 2014: $60,481Expenses 2014: $51,456Net Income 2014: $9,0252014Revenue 2015: $114,492Expenses 2015: $98,288Net Income 2015: $16,2042015Revenue 2016: $163,621Expenses 2016: $116,458Net Income 2016: $47,1632016Revenue 2017: $374,797Expenses 2017: $261,435Net Income 2017: $113,3622017Revenue 2018: $464,706Expenses 2018: $273,854Net Income 2018: $190,8522018Revenue 2019: $385,358Expenses 2019: $360,265Net Income 2019: $25,0932019Revenue 2020: $309,664Expenses 2020: $254,891Net Income 2020: $54,7732020Revenue 2021: $413,396Expenses 2021: $343,976Net Income 2021: $69,4202021Revenue 2022: $487,841Expenses 2022: $417,000Net Income 2022: $70,8412022Revenue 2023: $480,631Expenses 2023: $436,500Net Income 2023: $44,1312023

Highlighted filing

2015

Revenue$114,492
Expenses$98,288
Net Income$16,204
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Jun 14, 2016
Return Version
2014v6.0
Gross Receipts
$114,492
Mission and Program Overview

Mission

The corporation was organized for the purpose of holding an annual fair or exhibition designed to encourage improvement in agriculture, horticulture, livestock, poultry, dairy products, liberal arts, mechanical fabrics, fine arts, domestic economy and 4-h club and ffa activities by offerring premiums and rewards for the best exhibits thereof.

The corporation wsa organized for the purpose of holding an annual fair or exhibition designed to encourage improvement in agriculture, horticulture, livestock, poultry, dairy products, liberal arts, mechanical fabrics, fine arts, domestic economy and 4-h club and ffa activities by offerring premiums and rewards for the best exhibits thereof.

Program Services

DescriptionGrantsExpenses
THE LABETTE COUNTY FAIR ASSOCIATION ORGANIZES A FAIR AND RODEO ANNUALLY TO ENCOURAGE IMPROVEMENTS IN AGRICULTURE, HORTICULTURE, LIVESTOCK, POULTRY, DAIRY PRODUCTS, LIBERAL ARTS, MECHANICAL FABRICS, FINE ARTS, DOMESTIC ECONOMY AND 4-H CLUB AND FFA ACTIVITIES BY OFFERRING PREMIUMS AND REWARDS FOR THE BEST EXHIBITS THEREOF.-$98,288
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK JOHNSTONPresident-$0--
KYLE ZWAHLENSecretary-$0--
ROD LANDRUMDirector-$0--
JJ BEBBDirector-$0--
JERAMY KELLERDirector-$0--
RICK MCKINZIEDirector-$0--
COLE PENRODDirector-$0--
LOUIS WILLEMSDirector-$0--
JEFF FALKENSTIENDirector-$0--
CLINT HANIGANDirector-$0--
KYLE MCKINZIEDirector-$0--
JON MURRAYDirector-$0--
JOHN STRICKLANDTreasurer-$0--
DAVID NEWBYDirector-$0--
RICK GATTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Labette County Fair Association
EIN
48-6083077
Phone
6208203382
Address
PO BOX 217, OSWEGO, KS 67356

Signing Officer

Name
Rod Landrum
Title
Vice President
Phone
6208203382
Signed
2016-06-14
Discuss with paid preparer
Yes

Preparer

Firm
Jennifer L Eichinger CPA LLC
Address
115 S 18TH ST, PARSONS, KS 67357
Preparer
Jennifer L Eichinger CPA
Phone
6207174182
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest expense 961 insurance 3,930 total 4,891

Form 990-ez, Part II, Line 24

Other depreciable assets 211,612 243,024 total 211,612 243,024

Form 990-ez, Part II, Line 26

Note payable 52,100 70,008

Form 990-ez, Part III

The corporation wsa organized for the purpose of holding an annual fair or exhibition designed to encourage improvement in agriculture, horticulture, livestock, poultry, dairy products, liberal arts, mechanical fabrics, fine arts, domestic economy and 4-h club and ffa activities by offerring premiums and rewards for the best exhibits thereof.

Form 990-ez, Part III, Line 28

The labette county fair association organizes a fair and rodeo annually to encourage improvements in agriculture, horticulture, livestock, poultry, dairy products, liberal arts, mechanical fabrics, fine arts, domestic economy and 4-h club and ffa activities by offerring premiums and rewards for the best exhibits thereof.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST EXPENSE 961 INSURANCE 3,930 TOTAL 4,891
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DEPRECIABLE ASSETS 211,612 243,024 TOTAL 211,612 243,024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTE PAYABLE 52,100 70,008
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION WSA ORGANIZED FOR THE PURPOSE OF HOLDING AN ANNUAL FAIR OR EXHIBITION DESIGNED TO ENCOURAGE IMPROVEMENT IN AGRICULTURE, HORTICULTURE, LIVESTOCK, POULTRY, DAIRY PRODUCTS, LIBERAL ARTS, MECHANICAL FABRICS, FINE ARTS, DOMESTIC ECONOMY AND 4-H CLUB AND FFA ACTIVITIES BY OFFERRING PREMIUMS AND REWARDS FOR THE BEST EXHIBITS THEREOF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE LABETTE COUNTY FAIR ASSOCIATION ORGANIZES A FAIR AND RODEO ANNUALLY TO ENCOURAGE IMPROVEMENTS IN AGRICULTURE, HORTICULTURE, LIVESTOCK, POULTRY, DAIRY PRODUCTS, LIBERAL ARTS, MECHANICAL FABRICS, FINE ARTS, DOMESTIC ECONOMY AND 4-H CLUB AND FFA ACTIVITIES BY OFFERRING PREMIUMS AND REWARDS FOR THE BEST EXHIBITS THEREOF.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ROD LANDRUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06208203382
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LABETTE COUNTY FAIR ASSOCIATION
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
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ReturnHeader/PreparerPersonGrp/PhoneNum06207174182
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER L EICHINGER CPA
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ReturnHeader/ReturnTs02016-06-28T15:01:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-11-01
ReturnHeader/TaxPeriodEndDt02015-10-31
ReturnHeader/TaxYr02014

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