Civic Intelligence

Lee County Fair Association Inc.

990EZ • Fiscal year 2015 • EIN 74-2893693

Jan 01, 2015 to Dec 31, 2015 • Filed on May 13, 2016

PO Box 426Giddings, TX 78942

(979) 540-2721

Siviq Scores

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

Liabilities / Assets

77th percentile

0.10x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

100th percentile

606%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Assets

Down

$197,166

Down $62,561 (-24%) from 2014

Net Assets

Down

$178,416

Down $66,186 (-27%) from 2014

Liabilities

Up

$18,750

Up $3,625 (+24%) from 2014

Revenue

Down

-$10,926

Down $64,902 (-120%) from 2014

Expenses

Down

$55,260

Down $6,085 (-9.9%) from 2014

Net Income

Down

-$66,186

Down $58,817 (-798%) from 2014

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: $200,701Liabilities 2011: $7,000Net Assets 2011: $193,7012011Assets 2012: $207,538Liabilities 2012: $7,750Net Assets 2012: $199,7882012Assets 2013: $260,221Liabilities 2013: $8,250Net Assets 2013: $251,9712013Assets 2014: $259,727Liabilities 2014: $15,125Net Assets 2014: $244,6022014Assets 2015: $197,166Liabilities 2015: $18,750Net Assets 2015: $178,4162015Assets 2016: $209,805Liabilities 2016: $18,575Net Assets 2016: $191,2302016Assets 2017: $199,451Liabilities 2017: $9,330Net Assets 2017: $190,1212017Assets 2018: $210,121Liabilities 2018: $13,375Net Assets 2018: $196,7462018Assets 2019: $223,971Liabilities 2019: $13,900Net Assets 2019: $210,0712019Assets 2020: $210,112Liabilities 2020: $11,398Net Assets 2020: $198,7142020Assets 2021: $197,731Liabilities 2021: $0Net Assets 2021: $197,7312021Assets 2022: $284,449Liabilities 2022: $0Net Assets 2022: $284,4492022Assets 2023: $294,491Liabilities 2023: $0Net Assets 2023: $294,4912023Assets 2024: $330,486Liabilities 2024: $0Net Assets 2024: $330,4862024

Highlighted filing

2015

Assets$197,166
Liabilities$18,750
Net Assets$178,416

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $51,952Expenses 2011: $50,576Net Income 2011: $1,3762011Revenue 2012: $55,015Expenses 2012: $48,928Net Income 2012: $6,0872012Revenue 2013: $208,243Expenses 2013: $156,060Net Income 2013: $52,1832013Revenue 2014: $53,976Expenses 2014: $61,345Net Income 2014: -$7,3692014Revenue 2015: -$10,926Expenses 2015: $55,260Net Income 2015: -$66,1862015Revenue 2016: $60,795Expenses 2016: $47,981Net Income 2016: $12,8142016Revenue 2017: $40,957Expenses 2017: $42,066Net Income 2017: -$1,1092017Revenue 2018: $49,512Expenses 2018: $42,887Net Income 2018: $6,6252018Revenue 2019: $52,476Expenses 2019: $39,151Net Income 2019: $13,3252019Revenue 2020: $10,655Expenses 2020: $22,012Net Income 2020: -$11,3572020Revenue 2021: $8,183Expenses 2021: $9,166Net Income 2021: -$9832021Revenue 2022: $235,896Expenses 2022: $149,178Net Income 2022: $86,7182022Revenue 2023: $192,572Expenses 2023: $182,530Net Income 2023: $10,0422023Revenue 2024: $253,826Expenses 2024: $217,831Net Income 2024: $35,9952024

Highlighted filing

2015

Revenue-$10,926
Expenses$55,260
Net Income-$66,186
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 13, 2016
Return Version
2015v2.1
Gross Receipts
$100,657
Mission and Program Overview

Mission

To provide scholarships to local students

Program Services

DescriptionGrantsExpenses
TO AID, PROMOTE, AND ORGANIZE FAIRS AND EXPOSITIONS TO RAISE FUNDS FOR SCHOLARSHIPS; AND TO ENCOURAGE AND ADVANCE THE EDUCATIONAL, AGRICULTURAL, SOCIAL AND INDUSTRIAL INERESTS OF LEE COUNTY.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MISSY MORSEPresident-$0--
SUSAN POULSENSecretary-$0--
GARY PIETSCHTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lee County Fair$96,381$70,963$10,488$60,475
Total Events$96,381$70,963$111,583$-40,620
Filing and Contact Details

Filer

Filer Name
Lee County Fair Association
EIN
74-2893693
Phone
9795402721
Address
PO BOX 426, GIDDINGS, TX 78942

Signing Officer

Name
Gary Pietsch
Title
Treasurer
Phone
9795402721
Signed
2016-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Urban Thielemann Oltmann Herms Llp
Address
PO BOX 510 160 S LEON, GIDDINGS, TX 78942
Preparer
Tracy Oltmann
Phone
9795425551
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 26.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: scholarships forfeited. Amount: 4,250.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 12,962. Description: other expenses. Amount: 2,602. Total to form 990-ez, line 14: 15,564.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 4,742. Description: advertising. Amount: 11,621. Description: dues/convention expenses. Amount: 85. Description: licenses & fees. Amount: 57. Total to form 990-ez, line 16: 16,505.

Form 990-ez, Part II, Line 24 - Other Assets

Description: receivable from giddings volunteer fire department. Beg. Of year amount: 20,000. End of year amount: 10,000. Description: other depreciable assets. Beg. Of year amount: 45,009. End of year amount: 118,802.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: scholarships payable. Beg. Of year amount: 15,125. End of year amount: 18,750.

Raw XML Appendix187 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09795426666
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GIDDINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078942
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MISSY MORSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUSAN POULSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GARY PIETSCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt0128802
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt016505
IRS990EZ/OtherRevenueTotalAmt04250
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS TO LOCAL STUDENTS
IRS990EZ/PrintingPublicationsPostageAmt0566
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO AID, PROMOTE, AND ORGANIZE FAIRS AND EXPOSITIONS TO RAISE FUNDS FOR SCHOLARSHIPS; AND TO ENCOURAGE AND ADVANCE THE EDUCATIONAL, AGRICULTURAL, SOCIAL AND INDUSTRIAL INERESTS OF LEE COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt0111583
IRS990EZ/SpecialEventsNetIncomeLossAmt0-40620
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015125
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt018750
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt055260
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0-10926
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025418
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt033848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt059304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0172685
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0182
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0629970
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02939
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012689
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75170
IRS990ScheduleA/PublicSupportPY170Pct00.78410
IRS990ScheduleA/PublicSupportTotal170Amt0139484
IRS990ScheduleA/SubstantialContributorsTotAmt033201
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025418
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026234
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IRS990ScheduleA/TotalSupportAmt0185556
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025418
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt025418
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0111583
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt056765
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt056765
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LEE COUNTY FAIR
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt019462
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019462
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt096381
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt096381
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt070963
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt070963
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-40620
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt07186
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt07186
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010488
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010488
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt017682
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt017682
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 26.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SCHOLARSHIPS FORFEITED. AMOUNT: 4,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 12,962. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,602. TOTAL TO FORM 990-EZ, LINE 14: 15,564.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INSURANCE. AMOUNT: 4,742. DESCRIPTION: ADVERTISING. AMOUNT: 11,621. DESCRIPTION: DUES/CONVENTION EXPENSES. AMOUNT: 85. DESCRIPTION: LICENSES & FEES. AMOUNT: 57. TOTAL TO FORM 990-EZ, LINE 16: 16,505.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: RECEIVABLE FROM GIDDINGS VOLUNTEER FIRE DEPARTMENT. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 10,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 45,009. END OF YEAR AMOUNT: 118,802.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: SCHOLARSHIPS PAYABLE. BEG. OF YEAR AMOUNT: 15,125. END OF YEAR AMOUNT: 18,750.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY PIETSCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09795402721
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEE COUNTY FAIR ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LEEC
ReturnHeader/Filer/EIN0742893693
ReturnHeader/Filer/PhoneNum09795402721
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 426
ReturnHeader/Filer/USAddress/CityNm0GIDDINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078942
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742248871
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0URBAN THIELEMANN OLTMANN HERMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 510 160 S LEON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GIDDINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078942
ReturnHeader/PreparerPersonGrp/PhoneNum09795425551
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRACY OLTMANN
ReturnHeader/ReturnTs02016-05-13T16:26:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.00$3.30$2.54$2.18$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.00$2.94$1.93$1.83$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.00$2.84$2.36$1.49$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.00$1.98$0.08$0.09$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.11$1.99$0.11$0.22$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.14$2.10$0.52$0.39$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.13$1.97$0.50$0.43$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.09$1.90$0.41$0.42$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.19$1.91$0.61$0.48$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.97$0.19$1.78$0.11$0.55$0.66
2014Detailed filing. Detailed filing data is available for this year.$2.60$0.15$2.45$0.54$0.61$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.60$0.08$2.52$2.08$1.56$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.08$2.00$0.55$0.49$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.07$1.94$0.52$0.51$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits