Civic Intelligence

Waller County Fair Association

990 • Fiscal year 2015 • EIN 74-1481196

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

PO Box 911Hempstead, TX 77445

(979) 826-2825

Siviq Scores

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

Liabilities / Assets

77th percentile

0.46x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.29x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

67th percentile

9.9%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,046,864

Up $225,444 (+27%) from 2014

Net Assets

Up

$565,654

Up $212,343 (+60%) from 2014

Liabilities

Up

$481,210

Up $13,101 (+2.8%) from 2014

Revenue

Down

$1,686,792

Down $255,331 (-13%) from 2014

Expenses

Down

$1,519,545

Down $228,024 (-13%) from 2014

Net Income

Down

$167,247

Down $27,307 (-14%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $628,052Liabilities 2010: $474,074Net Assets 2010: $153,9782010Assets 2011: $588,180Liabilities 2011: $457,702Net Assets 2011: $130,4782011Assets 2012: $593,381Liabilities 2012: $457,702Net Assets 2012: $135,6792012Assets 2013: $611,714Liabilities 2013: $433,791Net Assets 2013: $177,9232013Assets 2014: $821,420Liabilities 2014: $468,109Net Assets 2014: $353,3112014Assets 2015: $1,046,864Liabilities 2015: $481,210Net Assets 2015: $565,6542015Assets 2016: $1,272,665Liabilities 2016: $428,792Net Assets 2016: $843,8732016Assets 2017: $1,390,935Liabilities 2017: $364,824Net Assets 2017: $1,026,1112017Assets 2018: $1,772,405Liabilities 2018: $395,965Net Assets 2018: $1,376,4402018Assets 2019: $2,339,210Liabilities 2019: $1,091,347Net Assets 2019: $1,247,8632019Assets 2020: $2,418,005Liabilities 2020: $1,214,949Net Assets 2020: $1,203,0562020Assets 2021: $2,847,770Liabilities 2021: $1,111,007Net Assets 2021: $1,736,7632021Assets 2022: $3,958,965Liabilities 2022: $1,435,551Net Assets 2022: $2,523,4142022Assets 2023: $7,512,025Liabilities 2023: $3,041,397Net Assets 2023: $4,470,6282023

Highlighted filing

2015

Assets$1,046,864
Liabilities$481,210
Net Assets$565,654

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $949,433Expenses 2010: $876,606Net Income 2010: $72,8272010Revenue 2011: $1,156,612Expenses 2011: $1,186,136Net Income 2011: -$29,5242011Revenue 2012: $1,224,881Expenses 2012: $1,231,378Net Income 2012: -$6,4972012Revenue 2013: $1,529,374Expenses 2013: $1,472,167Net Income 2013: $57,2072013Revenue 2014: $1,942,123Expenses 2014: $1,747,569Net Income 2014: $194,5542014Revenue 2015: $1,686,792Expenses 2015: $1,519,545Net Income 2015: $167,2472015Revenue 2016: $1,775,132Expenses 2016: $1,487,130Net Income 2016: $288,0022016Revenue 2017: $2,125,510Expenses 2017: $1,943,272Net Income 2017: $182,2382017Revenue 2018: $2,649,251Expenses 2018: $2,298,922Net Income 2018: $350,3292018Revenue 2019: $2,062,281Expenses 2019: $2,190,858Net Income 2019: -$128,5772019Revenue 2020: $1,946,784Expenses 2020: $1,991,591Net Income 2020: -$44,8072020Revenue 2021: $3,290,806Expenses 2021: $2,757,099Net Income 2021: $533,7072021Revenue 2022: $4,038,440Expenses 2022: $3,251,789Net Income 2022: $786,6512022Revenue 2023: $5,815,049Expenses 2023: $3,400,487Net Income 2023: $2,414,5622023

Highlighted filing

2015

Revenue$1,686,792
Expenses$1,519,545
Net Income$167,247
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$1,787,848
Mission and Program Overview

Mission

The organization' mission is to provide agricultural related education and college scholarships for the youth of waller county, texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$451,147$576,371▲ $125,224
Savings and Temporary Cash Investments$111,265$355,108▲ $243,843
Cash and Non-Interest-Bearing Accounts$259,008$68,759▼ $190,249
Accounts Receivable-$46,626-
Total Assets$821,420$1,046,864▲ $225,444
Liabilities
Unsecured Notes Loans Payable$427,770$417,279▼ $10,491
Accounts Payable and Accrued Expenses$40,339$63,931▲ $23,592
Total Liabilities$468,109$481,210▲ $13,101
Net Assets / Fund Balance
Unrestricted Net Assets$353,311$565,654▲ $212,343
Total Net Assets Fund Balance$353,311$565,654▲ $212,343
Total Liabilities and Net Assets / Fund Balance$821,420$1,046,864▲ $225,444

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$135,558$592,290$727,848
Land$320,328-$320,328
Equipment$120,485$65,585$186,070
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clint ScibaPresident
Dustin Standley1st Vice Pre
Paul Shollar2nd Vice Pre
Julie AbkeMember at La
Margie HamnerMember at La
Susan ShollarMember at La
Chad KershParliamentar
Sherry RoesnerSecretary
Jason RymerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$467,926
Program Service Revenue
$1,099,012
Investment Income
$839
Other Revenue
$119,015
All Other Contributions
$467,426
Change in Net Assets
$167,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,473,305
Salaries, Compensation, and Employee Benefits$43,351
Grants and Similar Amounts Paid$2,889
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$345,006$39,900-$384,906
Other Expenses$56,500--$56,500
Other Salaries and Wages-$39,341-$39,341
Insurance-$30,091-$30,091
Depreciation Depletion$23,158--$23,158
Interest-$19,780-$19,780
Advertising$15,364--$15,364
Conferences and Meetings-$8,984-$8,984
Payroll Taxes-$3,010-$3,010
Grants to Domestic Individuals$2,889--$2,889
Information Technology$2,345--$2,345
Fees for Services Accounting-$2,000-$2,000
Office Expenses-$1,155-$1,155
Other Employee Benefits-$1,000-$1,000
Travel-$457-$457
Total Functional Expenses$1,373,827$145,718$0$1,519,545
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$142,211
Fundraising Direct Expenses$101,056
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sportsman Extra$80,001$80,001$40,282$39,719
Derby$46,199$46,199$36,724$9,475
Total Events$142,211$142,211$101,056$41,155
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
No
Backup withholding compliance
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed by president before signing

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Waller County Fair Association
EIN
74-1481196
Address
PO BOX 911, HEMPSTEAD, TX 77445

Signing Officer

Name
Clint Sciba
Title
President
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clint Sciba
Formed
1945
Legal Domicile
TX
Voting Board Members
25
Independent Board Members
25
Employees
3
Volunteers
100

Preparer

Firm
Loretto G Martin CPA
Address
6203 EDEN PRAIRIE DR, RICHMOND, TX 77407-1622
Preparer
Loretto G Martin
Phone
5127398585
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Concessions 53,661 0 0 miscellaneous 51,003 0 0 project expenses 33,173 0 0 utilities 6,080 18,240 0 maintenance 20,406 0 0 fair queen 18,479 0 0 misc events 15,797 0 0 supplies 9,130 5,623 0 vip 14,452 0 0 repairs and maintenance 7,033 7,034 0 directors 13,560 0 0 security - events 11,572 0 0 lawn maintenance 10,200 0 0 security - fair 9,500 0 0 auction expenses 9,460 0 0 waste and garbage 3,800 5,282 0 sponsorship 8,014 0 0 printing 6,727 748 0 port a cans 6,901 0 0 membership dues 5,553 0 0 merchant fees 5,200 0 0 100 club 3,969 0 0 drug testing 3,810 0 0 auctioneer 3,591 0 0 signs and banners 3,187 0 0 hospitality room 3,000 0 0 rain insurance 3,000 0 0 livestock judging 1,934 0 0 telephone 0 1,591 0 equipment rental 1,566 0 0 licenses 0 736 0 sr citizen 561 0 0 ear tags 492 0 0 exterminator 0 444 0 bank fees 0 202 0 other supplies 195 0 0

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RENTAL INCOME 111,468 SALES OF INVENTORY 37,103 MISECLLANEOUS 23,519 RENTAL EVENT SECURITY 18,499
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY PRESIDENT BEFORE SIGNING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONCESSIONS 53,661 0 0 MISCELLANEOUS 51,003 0 0 PROJECT EXPENSES 33,173 0 0 UTILITIES 6,080 18,240 0 MAINTENANCE 20,406 0 0 FAIR QUEEN 18,479 0 0 MISC EVENTS 15,797 0 0 SUPPLIES 9,130 5,623 0 VIP 14,452 0 0 REPAIRS AND MAINTENANCE 7,033 7,034 0 DIRECTORS 13,560 0 0 SECURITY - EVENTS 11,572 0 0 LAWN MAINTENANCE 10,200 0 0 SECURITY - FAIR 9,500 0 0 AUCTION EXPENSES 9,460 0 0 WASTE AND GARBAGE 3,800 5,282 0 SPONSORSHIP 8,014 0 0 PRINTING 6,727 748 0 PORT A CANS 6,901 0 0 MEMBERSHIP DUES 5,553 0 0 MERCHANT FEES 5,200 0 0 100 CLUB 3,969 0 0 DRUG TESTING 3,810 0 0 AUCTIONEER 3,591 0 0 SIGNS AND BANNERS 3,187 0 0 HOSPITALITY ROOM 3,000 0 0 RAIN INSURANCE 3,000 0 0 LIVESTOCK JUDGING 1,934 0 0 TELEPHONE 0 1,591 0 EQUIPMENT RENTAL 1,566 0 0 LICENSES 0 736 0 SR CITIZEN 561 0 0 EAR TAGS 492 0 0 EXTERMINATOR 0 444 0 BANK FEES 0 202 0 OTHER SUPPLIES 195 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TravelGrp/TotalAmt0457
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$7.51$3.04$4.47$5.82$3.40$2.41
2022Detailed filing. Detailed filing data is available for this year.$3.96$1.44$2.52$4.04$3.25$0.79
2021Detailed filing. Detailed filing data is available for this year.$2.85$1.11$1.74$3.29$2.76$0.53
2020Detailed filing. Detailed filing data is available for this year.$2.42$1.21$1.20$1.95$1.99$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.34$1.09$1.25$2.06$2.19$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.40$1.38$2.65$2.30$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.36$1.03$2.13$1.94$0.18
2016Summary only. Only limited summary data is available for this year.$1.27$0.43$0.84$1.78$1.49$0.29
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.48$0.57$1.69$1.52$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.47$0.35$1.94$1.75$0.19
2013Summary only. Only limited summary data is available for this year.$0.61$0.43$0.18$1.53$1.47$0.06
2012Summary only. Only limited summary data is available for this year.$0.59$0.46$0.14$1.22$1.23$0.01
2011Summary only. Only limited summary data is available for this year.$0.59$0.46$0.13$1.16$1.19$0.03
2010Summary only. Only limited summary data is available for this year.$0.63$0.47$0.15$0.95$0.88$0.07