Civic Intelligence

Graves County Fair Association Inc

990EZ • Fiscal year 2015 • EIN 61-0902173

Mar 01, 2014 to Feb 28, 2015 • Filed on Oct 06, 2015

Organization ProfileN/A
211 East BroadwayMayfield, KY 42066

(270) 247-1981

Siviq Scores

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

Liabilities / Assets

100th percentile

15.83x

Higher debt load relative to assets than 100% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Net Margin

26th percentile

-5.0%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

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

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

57%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$6

Down $3,090 (-100%) from 2014

Net Assets

Down

-$89

Down $3,185 (-103%) from 2014

Liabilities

Up

$95

Up $95 from 2014

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin26th percentile

Revenue

Up

$63,783

Up $23,037 (+57%) from 2014

Expenses

Up

$66,968

Up $23,449 (+54%) from 2014

Net Income

Down

-$3,185

Down $412 (-15%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$20K$10K$0-$10KAssets 2012: $18,300Liabilities 2012: $0Net Assets 2012: $18,3002012Assets 2013: $5,869Liabilities 2013: $0Net Assets 2013: $5,8692013Assets 2014: $3,096Liabilities 2014: $0Net Assets 2014: $3,0962014Assets 2015: $6Liabilities 2015: $95Net Assets 2015: -$892015Assets 2016: $762Liabilities 2016: $4,850Net Assets 2016: -$4,0882016

Highlighted filing

2015

Assets$6
Liabilities$95
Net Assets-$89
Open 2015 Filing

Operations Trend

Revenue Growth96th percentile

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

$100K$50K$0-$50KRevenue 2012: $52,169Expenses 2012: $57,176Net Income 2012: -$5,0072012Expenses 2013: $98,8322013Revenue 2014: $40,746Expenses 2014: $43,519Net Income 2014: -$2,7732014Revenue 2015: $63,783Expenses 2015: $66,968Net Income 2015: -$3,1852015Revenue 2016: $57,492Expenses 2016: $61,491Net Income 2016: -$3,9992016

Highlighted filing

2015

Revenue$63,783
Expenses$66,968
Net Income-$3,185
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2014 to Feb 28, 2015
Signed
Oct 6, 2015
Return Version
2014v5.0
Gross Receipts
$63,783
Mission and Program Overview

Mission

The mission of the graves county fair association, inc. Is to promote, develop and conduct the purchase district fair, to develop health and welfare of boys and girls enrolled in youth organizations in graves and surrounding counties in kentucky, to assist and develop adult entertainment and activities expense: these expenses are incurred to promote the mission of the purchase district fair- to develop the health and welfare of boys and girls enrolled in youth organizations, to assist and develop adult organizations interested in the fair, and to bring together persons interested in promoting community activities in graves and surrounding counties.

Program Services

DescriptionGrantsExpenses
PROMOTE, DEVELOP AND CONDUCT THE PURCHASE DISTRICT FAIR, TO DEVELOP HEALTH AND WELFARE OF BOYS AND GIRLS ENROLLED IN YOUTH ORGANIZATIONS IN GRAVES AND SURROUNDING COUNTIES IN KENTUCKY, TO ASSIST AND DEVELOP ADULT ENTERTAINMENT AND ACTIVITIES EXPENSE: THESE EXPENSES ARE INCURRED TO PROMOTE THE MISSION OF THE PURCHASE DISTRICT FAIR- TO DEVELOP THE HEALTH AND WELFARE OF BOYS AND GIRLS ENROLLED IN YOUTH ORGANIZATIONS, TO ASSIST AND DEVELOP ADULT ORGANIZATIONS INTERESTED IN THE FAIR, AND TO BRING TOGETHER PERSONS INTERESTED IN PROMOTING COMMUNITY ACTIVITIES IN GRAVES AND SURROUNDING COUNTIES.--
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSE PERRYVice President-$0--
NATHAN LAMBDirector-$0--
TERESA CANTRELLFair Manager-$0--
TAMIE D JOHNSONSecretary/Treas-$0--
Filing and Contact Details

Filer

Filer Name
Graves County Fair Association Inc
EIN
61-0902173
Phone
2702471981
Address
211 EAST BROADWAY, MAYFIELD, KY 42066

Signing Officer

Name
Tamie D Johnson
Title
Secretary/Treas
Signed
2015-10-06
Discuss with paid preparer
Yes

Preparer

Firm
Romaine & Associates Pllc
Address
1214 PARIS RD, MAYFIELD, KY 42066-4989
Preparer
Ashley Bogard CPA
Phone
2702478050
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1667”

Other Expenses.1002

“Office Expenses $55”

Other Expenses.1005

“Travel $223”

Other Expenses.1008

“Interest $615”

Other Expenses.1012

“Insurance $3178”

Other Expenses.1

“EVENT EXPENSES $35975”

Other Expenses.2

“Entertainment & activities exp $8955”

Other Expenses.3

“AWARDS & PRIZES $3838”

Other Expenses.4

“Miscellaneous $3483”

Other Expenses.5

“Equipment Rental $1000”

Other Expenses.6

“CONTRACT LABOR $422”

Other Expenses.7

“Dues and Subscriptions $355”

Other Expenses.8

“LICENSES $15”

Other Expenses.9

“Bank Charges $15”

Total Liabilities.1

“Payroll Liabilities - Beginning $0 Payroll Liabilities - Ending $95”

Raw XML Appendix132 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0TAMIE JOHNSON
IRS990EZ/BooksInCareOfDetail/PhoneNum02702471981
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0211 EAST BROADWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MAYFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd042066
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03096
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08151
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3185
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0175
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02291
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03096
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-89
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03096
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-89
IRS990EZ/OccupancyRentUtltsAndMaintAmt01523
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESSE PERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NATHAN LAMB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TERESA CANTRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TAMIE D JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Fair Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary/Treas
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt059796
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE GRAVES COUNTY FAIR ASSOCIATION, INC. IS TO PROMOTE, DEVELOP AND CONDUCT THE PURCHASE DISTRICT FAIR, TO DEVELOP HEALTH AND WELFARE OF BOYS AND GIRLS ENROLLED IN YOUTH ORGANIZATIONS IN GRAVES AND SURROUNDING COUNTIES IN KENTUCKY, TO ASSIST AND DEVELOP ADULT ENTERTAINMENT AND ACTIVITIES EXPENSE: THESE EXPENSES ARE INCURRED TO PROMOTE THE MISSION OF THE PURCHASE DISTRICT FAIR- TO DEVELOP THE HEALTH AND WELFARE OF BOYS AND GIRLS ENROLLED IN YOUTH ORGANIZATIONS, TO ASSIST AND DEVELOP ADULT ORGANIZATIONS INTERESTED IN THE FAIR, AND TO BRING TOGETHER PERSONS INTERESTED IN PROMOTING COMMUNITY ACTIVITIES IN GRAVES AND SURROUNDING COUNTIES.
IRS990EZ/ProgramServiceRevenueAmt053341
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE, DEVELOP AND CONDUCT THE PURCHASE DISTRICT FAIR, TO DEVELOP HEALTH AND WELFARE OF BOYS AND GIRLS ENROLLED IN YOUTH ORGANIZATIONS IN GRAVES AND SURROUNDING COUNTIES IN KENTUCKY, TO ASSIST AND DEVELOP ADULT ENTERTAINMENT AND ACTIVITIES EXPENSE: THESE EXPENSES ARE INCURRED TO PROMOTE THE MISSION OF THE PURCHASE DISTRICT FAIR- TO DEVELOP THE HEALTH AND WELFARE OF BOYS AND GIRLS ENROLLED IN YOUTH ORGANIZATIONS, TO ASSIST AND DEVELOP ADULT ORGANIZATIONS INTERESTED IN THE FAIR, AND TO BRING TOGETHER PERSONS INTERESTED IN PROMOTING COMMUNITY ACTIVITIES IN GRAVES AND SURROUNDING COUNTIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05474
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt095
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt066968
IRS990EZ/TotalRevenueAmt063783
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1667
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $3178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EVENT EXPENSES $35975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ENTERTAINMENT & ACTIVITIES EXP $8955
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AWARDS & PRIZES $3838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous $3483
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equipment Rental $1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CONTRACT LABOR $422
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Dues and Subscriptions $355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LICENSES $15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Bank Charges $15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Payroll Liabilities - Beginning $0 Payroll Liabilities - Ending $95
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMIE D JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/Treas
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAVES COUNTY FAIR ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAV
ReturnHeader/Filer/EIN0610902173
ReturnHeader/Filer/PhoneNum02702471981
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 EAST BROADWAY
ReturnHeader/Filer/USAddress/CityNm0MAYFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042066
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROMAINE & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01214 PARIS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAYFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0420664989
ReturnHeader/PreparerPersonGrp/PhoneNum02702478050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY BOGARD CPA
ReturnHeader/ReturnTs02015-10-06T14:09:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-03-01
ReturnHeader/TaxPeriodEndDt02015-02-28
ReturnHeader/TaxYr02014

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.

Open filing
Assets
$6
Liabilities
$95
Net assets
-$89
Revenue
$63,783
Expenses
$66,968
Net income
-$3,185
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.76$4.85$4.09$57.5$61.5$4.00
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.10$0.09$63.8$67.0$3.19
2014Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$40.7$43.5$2.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$0.00$5.87$98.8
2012Summary only. Only limited summary data is available for this year.$18.3$0.00$18.3$52.2$57.2$5.01