Civic Intelligence

Comal County Fair Association of Texas Inc. Scholarship Fund

990EZ • Fiscal year 2020 • EIN 74-2586948

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

PO Box 310223New Braunfels, TX 78131

(830) 625-1505

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.06x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

24th percentile

-15%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

55th percentile

7.3%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-53%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$292,391

Up $19,771 (+7.3%) from 2019

Net Assets

Up

$291,916

Up $19,771 (+7.3%) from 2019

Liabilities

Flat

$475

Flat from 2019

Revenue

Down

$8,184

Down $9,217 (-53%) from 2019

Expenses

Down

$9,430

Down $17,304 (-65%) from 2019

Net Income

Up

-$1,246

Up $8,087 (+87%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $188,517Liabilities 2011: $02011Assets 2012: $198,157Liabilities 2012: $02012Assets 2013: $221,077Liabilities 2013: $0Net Assets 2013: $221,0772013Assets 2014: $225,198Liabilities 2014: $0Net Assets 2014: $225,1982014Assets 2015: $222,853Liabilities 2015: $0Net Assets 2015: $222,8532015Assets 2016: $234,606Liabilities 2016: $0Net Assets 2016: $234,6062016Assets 2017: $261,132Liabilities 2017: $475Net Assets 2017: $260,6572017Assets 2018: $247,363Liabilities 2018: $475Net Assets 2018: $246,8882018Assets 2019: $272,620Liabilities 2019: $475Net Assets 2019: $272,1452019Assets 2020: $292,391Liabilities 2020: $475Net Assets 2020: $291,9162020Assets 2021: $346,304Liabilities 2021: $476Net Assets 2021: $345,8282021Assets 2022: $304,292Liabilities 2022: $0Net Assets 2022: $304,2922022

Highlighted filing

2020

Assets$292,391
Liabilities$475
Net Assets$291,916

Operations Trend

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

$40K$20K$0-$20KRevenue 2011: $9,452Expenses 2011: $8,892Net Income 2011: $5602011Revenue 2012: $19,015Expenses 2012: $9,375Net Income 2012: $9,6402012Revenue 2013: $29,325Expenses 2013: $6,405Net Income 2013: $22,9202013Revenue 2014: $17,575Expenses 2014: $13,454Net Income 2014: $4,1212014Revenue 2015: $17,141Expenses 2015: $19,486Net Income 2015: -$2,3452015Revenue 2016: $25,208Expenses 2016: $13,455Net Income 2016: $11,7532016Revenue 2017: $37,526Expenses 2017: $11,475Net Income 2017: $26,0512017Revenue 2018: $20,074Expenses 2018: $2,585Net Income 2018: $17,4892018Revenue 2019: $17,401Expenses 2019: $26,734Net Income 2019: -$9,3332019Revenue 2020: $8,184Expenses 2020: $9,430Net Income 2020: -$1,2462020Revenue 2021: $22,437Expenses 2021: $12,750Net Income 2021: $9,6872021Revenue 2022: $18,873Expenses 2022: $6,220Net Income 2022: $12,6532022

Highlighted filing

2020

Revenue$8,184
Expenses$9,430
Net Income-$1,246
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.0
Gross Receipts
$8,184
Mission and Program Overview

Mission

To award college scholarships to comal county high school graduates.

Program Services

DescriptionGrantsExpenses
THERE WERE TWELVE (12) SCHOLARSHIPS AWARDED TO THE 2019-2020 ACADEMIC YEAR RECIPIENTS AND FOUR (4) SCHOLARSHIPS AWARDED TO THE 2020-2021 ACADEMIC YEAR RECIPIENTS. THERE WAS ALSO ONE SCHOLARSHIP AWARDED TO THE 2020 FAIR & RODEO COURT, FOR A TOTAL OF 8,250 AWARDED.$8,250$8,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL GUAJARDOChairman-$0--
WARREN MONTAGUESecretary-$0--
SAMMY SIKESBoard Member-$0--
CHARLES WIMBERLYBoard Member-$0--
NICOLE WATTSBoard Member-$0--
ARLON HANSMANNBoard Member-$0--
BRETT NEELYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Comal County Fair Association
EIN
74-2586948
Phone
8306251505
Address
PO BOX 310223, NEW BRAUNFELS, TX 78131

Signing Officer

Name
Joel Guajardo
Title
Chairman
Phone
8306251505
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Rick C Reed & Company Pllc
Address
1672 INDEPENDENCE DR SUITE 101, NEW BRAUNFELS, TX 78132
Preparer
Kenneth C Ward
Phone
8306258068
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

CASH CONTRIBUTION: 8,250

Form 990-ez, Part I, Line 20

Unrealized gain on investments 21,017

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 475 475

Form 990-ez, Part III, Line 28

There were twelve (12) scholarships awarded to the 2019-2020 academic year recipients and four (4) scholarships awarded to the 2020-2021 academic year recipients. There was also one scholarship awarded to the 2020 fair & rodeo court, for a total of 8,250 awarded.

Raw XML Appendix168 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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CompensationExplanation/CompensationExplanationGrp/PersonNm1WARREN MONTAGUE
CompensationExplanation/CompensationExplanationGrp/PersonNm2SAMMY SIKES
CompensationExplanation/CompensationExplanationGrp/PersonNm3CHARLES WIMBERLY
CompensationExplanation/CompensationExplanationGrp/PersonNm4NICOLE WATTS
CompensationExplanation/CompensationExplanationGrp/PersonNm5ARLON HANSMANN
CompensationExplanation/CompensationExplanationGrp/PersonNm6BRETT NEELY
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW BRAUNFELS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOEL GUAJARDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WARREN MONTAGUE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLES WIMBERLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NICOLE WATTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ARLON HANSMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BRETT NEELY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt021017
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO AWARD COLLEGE SCHOLARSHIPS TO COMAL COUNTY HIGH SCHOOL GRADUATES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt01352
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0475
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09430
IRS990EZ/TotalProgramServiceExpensesAmt08250
IRS990EZ/TotalRevenueAmt08184
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0741483674
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01520
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COMAL COUNTY FAIR ASSOC OF TEXAS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0COMAL COUNTY FAIR ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 8,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON INVESTMENTS 21,017
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 475 475
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE WERE TWELVE (12) SCHOLARSHIPS AWARDED TO THE 2019-2020 ACADEMIC YEAR RECIPIENTS AND FOUR (4) SCHOLARSHIPS AWARDED TO THE 2020-2021 ACADEMIC YEAR RECIPIENTS. THERE WAS ALSO ONE SCHOLARSHIP AWARDED TO THE 2020 FAIR & RODEO COURT, FOR A TOTAL OF 8,250 AWARDED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL GUAJARDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08306251505
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMAL COUNTY FAIR ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATIONAL FOUNDATION TRUST
ReturnHeader/Filer/BusinessNameControlTxt0COMA
ReturnHeader/Filer/EIN0742586948
ReturnHeader/Filer/PhoneNum08306251505
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 310223
ReturnHeader/Filer/USAddress/CityNm0NEW BRAUNFELS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078131
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742708275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICK C REED & COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01672 INDEPENDENCE DR SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BRAUNFELS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078132
ReturnHeader/PreparerPersonGrp/PhoneNum08306258068
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH C WARD
ReturnHeader/ReturnTs02021-11-09T15:34:24-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GUAJARDO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits