Civic Intelligence

Appalachian Fair Association Inc

EIN 62-0693038 • 501(c)3 • Johnson City, TN

Profile

Conduct Regional Fair

PO Box 8218Johnson City, TN 37615

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.06x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

49th percentile

3.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$75,204

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

44th percentile

1.3%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-6.3%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,771,213

Up $23,048 (+1.3%) from 2023

Liabilities

Down

$70,901

Down $25,900 (-27%) from 2023

Net Assets

Up

$1,700,312

Up $48,948 (+3.0%) from 2023

Revenue

Down

$1,261,932

Down $84,451 (-6.3%) from 2023

Expenses

Down

$1,212,984

Down $22,414 (-1.8%) from 2023

Net Income

Down

$48,948

Down $62,037 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,584,803Liabilities 2011: $312,587Net Assets 2011: $1,272,2162011Assets 2012: $1,576,946Liabilities 2012: $226,760Net Assets 2012: $1,350,1862012Assets 2013: $1,603,262Liabilities 2013: $168,632Net Assets 2013: $1,434,6302013Assets 2014: $1,464,756Liabilities 2014: $124,373Net Assets 2014: $1,340,3832014Assets 2015: $1,492,946Liabilities 2015: $78,470Net Assets 2015: $1,414,4762015Assets 2016: $1,499,312Liabilities 2016: $210,242Net Assets 2016: $1,289,0702016Assets 2017: $1,431,892Liabilities 2017: $277,449Net Assets 2017: $1,154,4432017Assets 2018: $1,393,056Liabilities 2018: $335,585Net Assets 2018: $1,057,4712018Assets 2019: $1,394,909Liabilities 2019: $344,156Net Assets 2019: $1,050,7532019Assets 2020: $1,304,448Liabilities 2020: $189,509Net Assets 2020: $1,114,9392020Assets 2021: $1,397,358Liabilities 2021: $161,537Net Assets 2021: $1,235,8212021Assets 2022: $1,666,635Liabilities 2022: $126,256Net Assets 2022: $1,540,3792022Assets 2023: $1,748,165Liabilities 2023: $96,801Net Assets 2023: $1,651,3642023Assets 2024: $1,771,213Liabilities 2024: $70,901Net Assets 2024: $1,700,3122024

Highlighted filing

2024

Assets$1,771,213
Liabilities$70,901
Net Assets$1,700,312

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $942,147Expenses 2011: $876,294Net Income 2011: $65,8532011Revenue 2012: $1,028,487Expenses 2012: $950,517Net Income 2012: $77,9702012Revenue 2013: $1,048,867Expenses 2013: $964,423Net Income 2013: $84,4442013Revenue 2014: $881,674Expenses 2014: $975,921Net Income 2014: -$94,2472014Revenue 2015: $1,088,433Expenses 2015: $1,014,340Net Income 2015: $74,0932015Revenue 2016: $925,518Expenses 2016: $1,050,924Net Income 2016: -$125,4062016Revenue 2017: $865,269Expenses 2017: $999,136Net Income 2017: -$133,8672017Revenue 2018: $930,432Expenses 2018: $1,027,404Net Income 2018: -$96,9722018Revenue 2019: $1,018,934Expenses 2019: $1,025,648Net Income 2019: -$6,7142019Revenue 2020: $397,243Expenses 2020: $333,058Net Income 2020: $64,1852020Revenue 2021: $1,047,623Expenses 2021: $926,741Net Income 2021: $120,8822021Revenue 2022: $1,433,748Expenses 2022: $1,129,190Net Income 2022: $304,5582022Revenue 2023: $1,346,383Expenses 2023: $1,235,398Net Income 2023: $110,9852023Revenue 2024: $1,261,932Expenses 2024: $1,212,984Net Income 2024: $48,9482024

Highlighted filing

2024

Revenue$1,261,932
Expenses$1,212,984
Net Income$48,948

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.07$1.70$1.26$1.21$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.10$1.65$1.35$1.24$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.13$1.54$1.43$1.13$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.16$1.24$1.05$0.93$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.19$1.11$0.40$0.33$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.34$1.05$1.02$1.03$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.34$1.06$0.93$1.03$0.10
2017Summary only. Only limited summary data is available for this year.$1.43$0.28$1.15$0.87$1.00$0.13
2016Summary only. Only limited summary data is available for this year.$1.50$0.21$1.29$0.93$1.05$0.13
2015Summary only. Only limited summary data is available for this year.$1.49$0.08$1.41$1.09$1.01$0.07
2014Summary only. Only limited summary data is available for this year.$1.46$0.12$1.34$0.88$0.98$0.09
2013Summary only. Only limited summary data is available for this year.$1.60$0.17$1.43$1.05$0.96$0.08
2012Summary only. Only limited summary data is available for this year.$1.58$0.23$1.35$1.03$0.95$0.08
2011Summary only. Only limited summary data is available for this year.$1.58$0.31$1.27$0.94$0.88$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$1,315,571
Mission and Program Overview

Mission

CONDUCT REGIONAL FAIR

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,171,067$1,066,473▼ $104,594
Savings and Temporary Cash Investments$343,073$479,592▲ $136,519
Cash and Non-Interest-Bearing Accounts$234,025$225,148▼ $8,877
Total Assets$1,748,165$1,771,213▲ $23,048
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,801$70,901▼ $25,900
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$96,801$70,901▼ $25,900
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,651,364$1,700,312▲ $48,948
Total Net Assets Fund Balance$1,651,364$1,700,312▲ $48,948
Total Liabilities and Net Assets / Fund Balance$1,748,165$1,771,213▲ $23,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$417,977$1,677,501$2,095,478
Other Land Buildings$31,707$587,235$618,942
Land$515,166-$515,166
Equipment$101,623$319,761$421,384
Leasehold Improvements$0$75,612$75,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Phil BooherSecretary/ManagerFT$75,204$75,204

Board Members and Trustees

NameTitle
Richard K StoreyPresident
Hal RangeVice President
Mike CunninghamVice President
Preston AyresVice President
Aaron HamiltonDirector
Amy ColletteDirector
Beth HallDirector
Bill BrinkleyDirector
Bill GrahamDirector
David GuinnDirector
Donald HallDirector
Emily PartonDirector
Jerry DearstoneDirector
Jimmy ByersDirector
Joe TrujilloDirector
Johnny GrayDirector
Josh ArmentroutDirector
Kathy WhitsonDirector
Keith SextonDirector
Lou Ann MooreDirector
Melissa EvansDirector
Melissa SheltonDirector
Nikki ThomasDirector
Pat GuinnDirector
Ronald DawsonDirector
Roy SettleDirector
Rusty MabeDirector
Sherry ShaddenDirector
Stephanie RoarkDirector
Terri RobbinsDirector
Tim ElseaDirector
Walter MaloneDirector
Cathy ByersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$57,505
Program Service Revenue
$1,047,011
Investment Income
$-36,468
Other Revenue
$193,884
All Other Contributions
$45,380
Change in Net Assets
$48,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,023,193
Salaries, Compensation, and Employee Benefits$189,791
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$103,897$34,632$0$138,529
Other Salaries and Wages$49,655$53,447$0$103,102
Current Officers, Directors, Trustees, and Key Employees$0$75,204$0$75,204
Office Expenses$44,668$24,048$0$68,716
Insurance$61,217$3,222$0$64,439
Depreciation Depletion$49,676$1,273$0$50,949
Advertising$46,527$0$0$46,527
Other Expenses$25,910$0$0$25,910
Fees for Services Legal$0$22,093$0$22,093
Travel$15,264$0$0$15,264
Payroll Taxes$6,317$5,168$0$11,485
All Other Expenses$10,859$0$0$10,859
Interest$3,921$0$0$3,921
Fees for Services Accounting$0$2,300$0$2,300
Total Functional Expenses$990,351$222,633$0$1,212,984
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
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
Filing and Contact Details

Filer

Filer Name
Appalachian Fair Association Inc
EIN
62-0693038
Phone
4234773211
Address
PO Box 8218, Johnson City, TN 37615

Signing Officer

Name
Michael P Booher
Title
Secretary/Manager
Phone
4234773211
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Byers
Formed
1926
Legal Domicile
Tn
Voting Board Members
34
Independent Board Members
32
Employees
44
Volunteers
300

Preparer

Firm
Gray Station CPAs PC
Address
140 Old Gray Station Road Suite 100, Gray, TN 37615
Preparer
James P Cline CPA
Phone
4234770100
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Cathy Byers, Treasurer & Jimmy Byers, Director are Married; David Guinn, Director & Pat Guinn, Director are married

Pt VI, Line 11B

Organizations Process to Review Form 990 is the Manager or Treasurer Picks Up Tax Return from the Accountants Office and Reviews it Prior to the Treasurer Signing it.

Pt VI, Line 19

Governing Documents Disclosure Explanation Documents are Made Available to the Public Upon Request.

Financial Statement Notes

Pt III, Line 4

Miscellaneous Antiques Related to the Region

Raw XML AppendixShowing 400 of 636 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Richard K Storey
IRS990/Form990PartVIISectionAGrp/PersonNm1Cathy Byers
IRS990/Form990PartVIISectionAGrp/PersonNm2Phil Booher
IRS990/Form990PartVIISectionAGrp/PersonNm3Hal Range
IRS990/Form990PartVIISectionAGrp/PersonNm4Preston Ayres
IRS990/Form990PartVIISectionAGrp/PersonNm5Mike Cunningham
IRS990/Form990PartVIISectionAGrp/PersonNm6Josh Armentrout
IRS990/Form990PartVIISectionAGrp/PersonNm7Jimmy Byers
IRS990/Form990PartVIISectionAGrp/PersonNm8Amy Collette
IRS990/Form990PartVIISectionAGrp/PersonNm9Ronald Dawson
IRS990/Form990PartVIISectionAGrp/PersonNm10Jerry Dearstone
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