Civic Intelligence

Fair Ground Community Redevelopment Project Incorporated

990 • Fiscal year 2021 • EIN 61-1692162

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 21, 2022

Organization ProfileWWW.GBFG.ORG

Refreshing map…

1554 Boardman StreetSheffield, MA 01257

(413) 229-2003

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.93x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

100th percentile

29.45x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

35th percentile

2.3%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

428%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Flat

$753,268

Flat from 2021

Net Assets

Flat

$52,020

Flat from 2021

Liabilities

Flat

$701,248

Flat from 2021

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin94th percentile

Revenue

Flat

$23,815

Flat from 2021

Expenses

Flat

$6,950

Flat from 2021

Net Income

Flat

$16,865

Flat from 2021

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$1.0M$500K$0Assets 2013: $867,616Liabilities 2013: $816,244Net Assets 2013: $51,3722013Assets 2014: $890,674Liabilities 2014: $816,244Net Assets 2014: $74,4302014Assets 2015: $865,504Liabilities 2015: $816,238Net Assets 2015: $49,2662015Assets 2016: $717,163Liabilities 2016: $702,145Net Assets 2016: $15,0182016Assets 2017: $710,938Liabilities 2017: $702,356Net Assets 2017: $8,5822017Assets 2018: $753,851Liabilities 2018: $702,356Net Assets 2018: $51,4952018Assets 2019: $742,498Liabilities 2019: $702,356Net Assets 2019: $40,1422019Assets 2020: $736,403Liabilities 2020: $701,248Net Assets 2020: $35,1552020Assets 2021: $753,268Liabilities 2021: $701,248Net Assets 2021: $52,0202021Assets 2021: $753,268Liabilities 2021: $701,248Net Assets 2021: $52,0202021Assets 2022: $743,417Liabilities 2022: $701,248Net Assets 2022: $42,1692022Assets 2023: $736,384Liabilities 2023: $701,248Net Assets 2023: $35,1362023Assets 2024: $734,493Liabilities 2024: $701,248Net Assets 2024: $33,2452024

Highlighted filing

2021

Assets$753,268
Liabilities$701,248
Net Assets$52,020
Open 2021 Filing

Operations Trend

Revenue Growth97th percentile

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

$100K$50K$0-$50KRevenue 2013: $96,524Expenses 2013: $49,724Net Income 2013: $46,8002013Revenue 2014: $64,425Expenses 2014: $41,367Net Income 2014: $23,0582014Revenue 2015: $17,739Expenses 2015: $42,903Net Income 2015: -$25,1642015Revenue 2016: $7,577Expenses 2016: $41,825Net Income 2016: -$34,2482016Revenue 2017: $27,229Expenses 2017: $33,665Net Income 2017: -$6,4362017Revenue 2018: $76,801Expenses 2018: $33,888Net Income 2018: $42,9132018Revenue 2019: $12,468Expenses 2019: $23,821Net Income 2019: -$11,3532019Revenue 2020: $4,511Expenses 2020: $9,499Net Income 2020: -$4,9882020Revenue 2021: $23,815Expenses 2021: $6,950Net Income 2021: $16,8652021Revenue 2021: $23,815Expenses 2021: $6,950Net Income 2021: $16,8652021Revenue 2022: $14,829Expenses 2022: $24,680Net Income 2022: -$9,8512022Revenue 2023: $2,493Expenses 2023: $9,526Net Income 2023: -$7,0332023Revenue 2024: $1,500Expenses 2024: $3,391Net Income 2024: -$1,8912024

Highlighted filing

2021

Revenue$23,815
Expenses$6,950
Net Income$16,865
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 21, 2022
Return Version
2021v4.1
Gross Receipts
$23,815
Mission and Program Overview

Mission

The organization provide educational, charitable and recreational services to specific groups and the general public on a historically significant site in great barrington mass. Such services and activities include: open space and recreation areas and a canoe launch park, space including trails and indigenous plantings, opportunities for scientific study and on site school group visits, internships and educational forums and ongoing exhibits and lectures on historic, cultural, agricultural, scientific, botanical and other themes. Providing land,expertise and infrastructure for small scale farming and agricultural activities including farmers' markets, internships and other educational opportunities as well as growing produce for individuals and organizations including schools. River clean up activities. Engaging with other non profit groups in beneficial partnerships. The organization will maintain the site and ensure its use is in accordance with our mission statement to preserve the

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$701,248$701,248→ $0
Land, Buildings, and Equipment, Net$696,095$693,386▼ $2,709
Cash and Non-Interest-Bearing Accounts$40,308$56,732▲ $16,424
Pledges and Grants Receivable-$3,150-
Total Assets$736,403$753,268▲ $16,865
Liabilities
Total Liabilities$701,248$701,248→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,913$31,778▲ $16,865
Net Assets With Donor Restrictions$20,242$20,242→ $0
Total Net Assets Fund Balance$35,155$52,020▲ $16,865
Total Liabilities and Net Assets / Fund Balance$736,403$753,268▲ $16,865

Asset Categories

AssetBook ValueDepreciationBasis
Land$686,316-$686,316
Other Land Buildings$7,070$16,198$23,268
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Bart ElsbachPresident & Director
Janet ElsbachVice President and Treasur
Deborah LevinsonDirector
Jessie CooneyDirector
Noelle LamuniereDirector
Paul ZuydhoekDirector
Robert ClimoDirector
Noelle LamuniereClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$15,148
Program Service Revenue
$8,667
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,148
Change in Net Assets
$16,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,950
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
Depreciation Depletion$2,709--$2,709
Insurance-$2,442-$2,442
Other Expenses$117--$117
All Other Expenses-$106-$106
Total Functional Expenses$4,402$2,548$0$6,950
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Bart and Janet ElsbachFounders and OfficersBART AND JANET ESLBACH ACQUIRED THE FAIRGROUNDS PROPERTY AND SOLD IT TO THE ORGANIZATION AT NO GAIN OR LOSS USING SELLER FINANCING IN THE FORM OF A WRITTEN 20 YEAR MORTGAGE AT 3.00%. QUARTERLY PAYMENTS OF INTEREST ONLY ARE DUE THROUGH 2033.No-
Bart and Janet ElsbachFounders and OfficersThe Organization Pays Annual Mortgage Interest to the ElsbachsNo-
Fairground Realty LLCFounders and OfficersThe Organization Has a Payable to an LLC Controlled by Bart and Janet Elsbach to Reimburse Them for Insurance Premiums They Paid on Behalf of the Organization.No-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$701,248$701,248→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Janet elsbach, vice president & treasurer, and bart eslbach, president and director, are married.”

Form 990, Part VI, Section A, Line 8B

“There are no committees at this time with authority to act on behalf of the governing board”

Form 990, Part VI, Section B, Line 11B

“The officers and director are provided with a copy of the 990 prior to filing with the irs”

Form 990, Part VI, Section C, Line 19

“The organization's 990 and massachusetts annual form pc are available on the massachusetts attorney general web site. Form 1023 and financial information is available upon request.”

Filing and Contact Details

Filer

Filer Name
Fairgrounds Community Redevelopment
EIN
61-1692162
Phone
4132292003
Address
1554 BOARDMAN STREET, SHEFFIELD, MA 01257

Signing Officer

Name
Bart Elsbach
Title
President
Phone
4132292003
Signed
2022-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bart Elsbach
Formed
2012
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Edward Leary CPA
Address
PO BOX 599, MARLBOROUGH, MA 01752
Preparer
Edward Leary
Phone
8573277658
Raw XML Appendix389 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION PROVIDE EDUCATIONAL, CHARITABLE AND RECREATIONAL SERVICES TO SPECIFIC GROUPS AND THE GENERAL PUBLIC ON A HISTORICALLY SIGNIFICANT SITE IN GREAT BARRINGTON MASS. SUCH SERVICES AND ACTIVITIES INCLUDE: OPEN SPACE AND RECREATION AREAS AND A CANOE LAUNCH PARK, SPACE INCLUDING TRAILS AND INDIGENOUS PLANTINGS, OPPORTUNITIES FOR SCIENTIFIC STUDY AND ON SITE SCHOOL GROUP VISITS, INTERNSHIPS AND EDUCATIONAL FORUMS AND ONGOING EXHIBITS AND LECTURES ON HISTORIC, CULTURAL, AGRICULTURAL, SCIENTIFIC, BOTANICAL AND OTHER THEMES. PROVIDING LAND,EXPERTISE AND INFRASTRUCTURE FOR SMALL SCALE FARMING AND AGRICULTURAL ACTIVITIES INCLUDING FARMERS' MARKETS, INTERNSHIPS AND OTHER EDUCATIONAL OPPORTUNITIES AS WELL AS GROWING PRODUCE FOR INDIVIDUALS AND ORGANIZATIONS INCLUDING SCHOOLS. RIVER CLEAN UP ACTIVITIES. ENGAGING WITH OTHER NON PROFIT GROUPS IN BENEFICIAL PARTNERSHIPS. THE ORGANIZATION WILL MAINTAIN THE SITE AND ENSURE ITS USE IS IN ACCORDANCE WITH OUR MISSION STATEMENT TO PRESERVE THE
IRS990/AllOtherContributionsAmt015148
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0106
IRS990/AllOtherExpensesGrp/TotalAmt0106
IRS990/BooksInCareOfDetail/PersonNm0BART ELSBACH
IRS990/BooksInCareOfDetail/PhoneNum04132292003
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01554 BOARDMAN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SHEFFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001257
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt040308
IRS990/CashNonInterestBearingGrp/EOYAmt056732
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt015148
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt06950
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt08667
IRS990/CYRevenuesLessExpensesAmt016865
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt06950
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt023815
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02709
IRS990/DepreciationDepletionGrp/TotalAmt02709
IRS990/Desc0DURING 2021 THE ORGANIZATION'S USUAL ACTIVTIES WERE SUSPENDED DUE TO THE COVID VIRUS. DESPITE THE LIMITATIONS POSED BY SAFETY CONCERNS WHICH RESULTED IN CANCELLATIONS AND POSTPONEMENTS OF GATHERINGS AND EVENTS ON SITE, WE WERE ABLE TO HOST TWO COVID SAFE EVENTS AND PROCEED WITH SOME ACTIVITIES IN ACCORDANCE WITH OUR MISSION. ONGOING MEETINGS AND VIRTUAL CONFERENCES WERE HELD TO CONTINUE PLANNING AND PREPARATIONS FOR TRANSITIONING BACK TO A MORE NORMAL STATE OF AFFAIRS. EVENTS WERE RESCHEDULED AS THE COMMUNITY POSTPONED ITS ACTIVITIES BUT THOSE THAT DID NOT REQUIRE LARGER GATHERING OR CLOSE CONTACT WERE CONTINUED. ONGOING REPAIR, MAINTENANCE AND REHABILITATION OF THE SITE CONTINUED WITH MOWING OF EVENT SPACES AND ACCESS AREAS, CONTINUAL REMOVAL OF NON-NATIVE INVASIVE SPECIES, BUILDING REPAIR AND STABILIZATION, EQUIPMENT MAINTENANCE AND REPAIR. THE BOARD CONTINUED ITS EFFORTS TO RESEARCH CONSERVATION OPPORTUNITIES TO PERMANENTLY RESTRICT AGGRESSIVE COMMERCIAL DEVELOPMENT ON SITE THROUGH THE USE OF LEGAL EASEMENTS AND OTHER POSSIBLE RESTRICTIVE COVENANTS.THE INITIAL PHASES OF AN EXCITING PARTNERSHIP WITH A FARMING INITIATIVE WHICH PROVIDES LAND ACCESS AND SUPPORT FOR LOCAL DISPLACED IMMIGRANT AND MINORITY PEOPLE WAS SUCCESSFULLY NAVIGATED AND THIS SPRING WILL BRING THE FIRST STEPS OF THAT INITIATIVE TO THE SITE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt020242
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt020242
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04402
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0BART ELSBACH
IRS990/Form990PartVIISectionAGrp/PersonNm1JANET ELSBACH
IRS990/Form990PartVIISectionAGrp/PersonNm2NOELLE LAMUNIERE
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL ZUYDHOEK
IRS990/Form990PartVIISectionAGrp/PersonNm4JESSIE COONEY
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT CLIMO
IRS990/Form990PartVIISectionAGrp/PersonNm6DEBORAH LEVINSON
IRS990/Form990PartVIISectionAGrp/PersonNm7NOELLE LAMUNIERE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND TREASUR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt023815
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02442
IRS990/InsuranceGrp/TotalAmt02442
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016198
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0696095
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0693386
IRS990/LandBldgEquipCostOrOtherBssAmt0709584
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0701248
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0701248
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt035155
IRS990/NetAssetsOrFundBalancesEOYAmt052020
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014913
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt031778
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FUEL
IRS990/OtherExpensesGrp/Desc1WEBSITE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0978
IRS990/OtherExpensesGrp/ProgramServicesAmt1403
IRS990/OtherExpensesGrp/ProgramServicesAmt2195
IRS990/OtherExpensesGrp/ProgramServicesAmt3117
IRS990/OtherExpensesGrp/TotalAmt0978
IRS990/OtherExpensesGrp/TotalAmt1403
IRS990/OtherExpensesGrp/TotalAmt2195
IRS990/OtherExpensesGrp/TotalAmt3117
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03150
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BART ELSBACH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/Desc0REAL ESTATE RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt08667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08667
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04511
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt09499
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-4988
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt09499
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04511
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt016865
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION'S ACTIVITIES ARE SEASONAL, BASED ON EVENTS AND FUNDRAISING CONCENTRATED DURING THE SPRING-FALL WHEN THE ORGANIZATION'S PROPERTY IS AVAILABLE FOR USE. ALL NORMAL SOURCES OF GENERAL PUBLIC SUPPORT (FARMERS MARKET, EVENTS, ETC) DID NOT TAKE PLACE IN 2021, THEREFORE PUBLIC SUPPORT WAS VIRTUALLY NON-EXISTENT FOR THE YEAR. THE ORGANIZATION FALLS JUST SHY OF THE 33 1/3 SUPPORT TEST AND BELIEVES THAT IT WILL BE ABOVE THAT THRESHOLD IN 2022 WHEN NORMAL ACTIVITIES ARE EXPECTED TO BEGIN TO RETURN.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04511
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt069263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08667
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02175
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0900
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011742
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt067753
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.28710
IRS990ScheduleA/PublicSupportPY170Pct00.29640
IRS990ScheduleA/PublicSupportTotal170Amt023253
IRS990ScheduleA/SubstantialContributorsTotAmt046010
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04511
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021569
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt069263
IRS990ScheduleA/TotalSupportAmt081005
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/LandGrp/BookValueAmt0686316
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0686316
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07070
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016198
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023268
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0693386
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0BART AND JANET ELSBACH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1FAIRGROUND REALTY LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2BART AND JANET ELSBACH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FOUNDERS AND OFFICERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1FOUNDERS AND OFFICERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2FOUNDERS AND OFFICERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BART AND JANET ESLBACH ACQUIRED THE FAIRGROUNDS PROPERTY AND SOLD IT TO THE ORGANIZATION AT NO GAIN OR LOSS USING SELLER FINANCING IN THE FORM OF A WRITTEN 20 YEAR MORTGAGE AT 3.00%. QUARTERLY PAYMENTS OF INTEREST ONLY ARE DUE THROUGH 2033.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1THE ORGANIZATION HAS A PAYABLE TO AN LLC CONTROLLED BY BART AND JANET ELSBACH TO REIMBURSE THEM FOR INSURANCE PREMIUMS THEY PAID ON BEHALF OF THE ORGANIZATION.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2THE ORGANIZATION PAYS ANNUAL MORTGAGE INTEREST TO THE ELSBACHS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0699816
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt11432
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0MORTGAGE FOR PURCHASE OF FAIR GROUND PROPERTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1DUE TO LLC CONTROLLED BY ELSBACHS FOR REIMBURSEMENT OF INSURANCE PREMIUMS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0815000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt12040
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BART AND JANET ELSBACH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1FAIRGROUND REALTY LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FOUNDERS AND OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1FOUNDERS AND OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt0701248
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JANET ELSBACH, VICE PRESIDENT & TREASURER, AND BART ESLBACH, PRESIDENT AND DIRECTOR, ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES AT THIS TIME WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS AND DIRECTOR ARE PROVIDED WITH A COPY OF THE 990 PRIOR TO FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 AND MASSACHUSETTS ANNUAL FORM PC ARE AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL WEB SITE. FORM 1023 AND FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0736403
IRS990/TotalAssetsEOYAmt0753268
IRS990/TotalAssetsGrp/BOYAmt0736403
IRS990/TotalAssetsGrp/EOYAmt0753268
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt015148
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02548
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04402
IRS990/TotalFunctionalExpensesGrp/TotalAmt06950
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0701248
IRS990/TotalLiabilitiesEOYAmt0701248
IRS990/TotalLiabilitiesGrp/BOYAmt0701248
IRS990/TotalLiabilitiesGrp/EOYAmt0701248
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035155
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt052020
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04402
IRS990/TotalProgramServiceRevenueAmt08667
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08667
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt023815
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0736403
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0753268
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01554 BOARDMAN STREET
IRS990/USAddress/CityNm0SHEFFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001257
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GBFG.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BART ELSBACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04132292003
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIRGROUNDS COMMUNITY REDEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROJECT INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
ReturnHeader/Filer/EIN0611692162
ReturnHeader/Filer/PhoneNum04132292003
ReturnHeader/Filer/USAddress/AddressLine1Txt01554 BOARDMAN STREET
ReturnHeader/Filer/USAddress/CityNm0SHEFFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001257
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0820671850
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD LEARY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 599
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARLBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001752
ReturnHeader/PreparerPersonGrp/PhoneNum08573277658
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD LEARY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-02-21T08:37:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BART
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ELSBACH
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$753,268
Liabilities
$701,248
Net assets
$52,020
Revenue
$23,815
Expenses
$6,950
Net income
$16,865
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$7.01$0.33$0.02$0.03$0.02
2023Summary only. Only limited summary data is available for this year.$7.36$7.01$0.35$0.02$0.10$0.07
2022Summary only. Only limited summary data is available for this year.$7.43$7.01$0.42$0.15$0.25$0.10
2021Detailed filing. Detailed filing data is available for this year.$7.53$7.01$0.52$0.24$0.07$0.17
2021Summary only. Only limited summary data is available for this year.$7.53$7.01$0.52$0.24$0.07$0.17
2020Summary only. Only limited summary data is available for this year.$7.36$7.01$0.35$0.05$0.09$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$7.02$0.40$0.12$0.24$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.54$7.02$0.51$0.77$0.34$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.11$7.02$0.09$0.27$0.34$0.06
2016Summary only. Only limited summary data is available for this year.$7.17$7.02$0.15$0.08$0.42$0.34
2015Detailed filing. Detailed filing data is available for this year.$8.66$8.16$0.49$0.18$0.43$0.25
2014Detailed filing. Detailed filing data is available for this year.$8.91$8.16$0.74$0.64$0.41$0.23
2013Summary only. Only limited summary data is available for this year.$8.68$8.16$0.51$0.97$0.50$0.47