Civic Intelligence

Graves County Fair Association Inc

990EZ • Fiscal year 2016 • EIN 61-0902173

Mar 01, 2015 to Feb 29, 2016 • Filed on Jul 12, 2016

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

6.36x

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

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.08x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Net Margin

23rd percentile

-7.0%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Asset Growth

100th percentile

12600%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-9.9%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$762

Up $756 (+12600%) from 2015

Net Assets

Down

-$4,088

Down $3,999 (-4493%) from 2015

Liabilities

Up

$4,850

Up $4,755 (+5005%) from 2015

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin23rd percentile

Revenue

Down

$57,492

Down $6,291 (-9.9%) from 2015

Expenses

Down

$61,491

Down $5,477 (-8.2%) from 2015

Net Income

Down

-$3,999

Down $814 (-26%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth100th 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

2016

Assets$762
Liabilities$4,850
Net Assets-$4,088
Open 2016 Filing

Operations Trend

Revenue Growth19th 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

2016

Revenue$57,492
Expenses$61,491
Net Income-$3,999
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2015 to Feb 29, 2016
Signed
Jul 12, 2016
Return Version
2015v2.0
Gross Receipts
$57,492
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 Pay46th 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
2016-07-12
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $851”

Other Expenses.1002

“Office Expenses $285”

Other Expenses.1012

“Insurance $3186”

Other Expenses.1

“EVENT EXPENSES $37756”

Other Expenses.2

“Entertainment & activities exp $8103”

Other Expenses.3

“AWARDS & PRIZES $2861”

Other Expenses.4

“Miscellaneous $1685”

Other Expenses.5

“CONTRACT LABOR $1072”

Other Expenses.6

“Dues and Subscriptions $145”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $4000”

Total Liabilities.1

“Payroll Liabilities - Beginning $95 Payroll Liabilities - Ending $850”

Raw XML Appendix124 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/ActivitiesNotPreviouslyRptInd0false
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/BOYAmt06
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0762
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010789
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3999
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01019
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0762
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt057492
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt050
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-89
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-4088
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-89
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-4088
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/OtherExpensesTotalAmt055944
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/ProgramServiceRevenueAmt046653
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/SalariesOtherCompEmplBnftAmt04528
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt095
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04850
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061491
IRS990EZ/TotalRevenueAmt057492
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $3186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EVENT EXPENSES $37756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENTERTAINMENT & ACTIVITIES EXP $8103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AWARDS & PRIZES $2861
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous $1685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACT LABOR $1072
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues and Subscriptions $145
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $4000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Liabilities - Beginning $95 Payroll Liabilities - Ending $850
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMIE D JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/Treas
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-12
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/PreparerPersonNm0KRISTA ROMAINE CPA
ReturnHeader/ReturnTs02016-07-12T12:13:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-03-01
ReturnHeader/TaxPeriodEndDt02016-02-29
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$762
Liabilities
$4,850
Net assets
-$4,088
Revenue
$57,492
Expenses
$61,491
Net income
-$3,999
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