Civic Intelligence

Fayette County Fair Association

990 • Fiscal year 2019 • EIN 74-6068906

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

PO Box 544LA Grange, TX 78945-0544

(979) 968-4557

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

51st percentile

4.0%

Higher net margin than 51% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

64th percentile

9.4%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

46th percentile

2.2%

Faster revenue growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$648,286

Up $55,900 (+9.4%) from 2018

Net Assets

Up

$648,286

Up $55,900 (+9.4%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$873,701

Up $18,553 (+2.2%) from 2018

Expenses

Up

$838,331

Up $48,782 (+6.2%) from 2018

Net Income

Down

$35,370

Down $30,229 (-46%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $314,137Liabilities 2011: $0Net Assets 2011: $314,1372011Assets 2012: $374,851Liabilities 2012: $0Net Assets 2012: $374,8512012Assets 2013: $431,696Liabilities 2013: $0Net Assets 2013: $431,6962013Assets 2014: $538,857Liabilities 2014: $0Net Assets 2014: $538,8572014Assets 2015: $836,644Liabilities 2015: $0Net Assets 2015: $836,6442015Assets 2016: $625,367Liabilities 2016: $0Net Assets 2016: $625,3672016Assets 2017: $545,207Liabilities 2017: $0Net Assets 2017: $545,2072017Assets 2018: $592,386Liabilities 2018: $0Net Assets 2018: $592,3862018Assets 2019: $648,286Liabilities 2019: $0Net Assets 2019: $648,2862019Assets 2020: $585,073Liabilities 2020: $0Net Assets 2020: $585,0732020Assets 2021: $560,987Liabilities 2021: $0Net Assets 2021: $560,9872021Assets 2022: $624,309Liabilities 2022: $0Net Assets 2022: $624,3092022Assets 2023: $913,396Liabilities 2023: $0Net Assets 2023: $913,3962023Assets 2024: $1,177,172Liabilities 2024: $0Net Assets 2024: $1,177,1722024

Highlighted filing

2019

Assets$648,286
Liabilities$0
Net Assets$648,286

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $534,8162011Expenses 2012: $534,6752012Revenue 2013: $613,702Expenses 2013: $556,858Net Income 2013: $56,8442013Revenue 2014: $880,331Expenses 2014: $773,170Net Income 2014: $107,1612014Revenue 2015: $1,555,027Expenses 2015: $1,257,660Net Income 2015: $297,3672015Revenue 2016: $994,865Expenses 2016: $1,205,727Net Income 2016: -$210,8622016Revenue 2017: $702,724Expenses 2017: $782,881Net Income 2017: -$80,1572017Revenue 2018: $855,148Expenses 2018: $789,549Net Income 2018: $65,5992018Revenue 2019: $873,701Expenses 2019: $838,331Net Income 2019: $35,3702019Revenue 2020: $504,674Expenses 2020: $567,885Net Income 2020: -$63,2112020Revenue 2021: $826,991Expenses 2021: $850,831Net Income 2021: -$23,8402021Revenue 2022: $897,188Expenses 2022: $833,864Net Income 2022: $63,3242022Revenue 2023: $1,193,433Expenses 2023: $904,346Net Income 2023: $289,0872023Revenue 2024: $1,330,747Expenses 2024: $1,066,970Net Income 2024: $263,7772024

Highlighted filing

2019

Revenue$873,701
Expenses$838,331
Net Income$35,370
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.1
Gross Receipts
$890,640
Mission and Program Overview

Mission

Supporting the community of fayette county by promoting agriculture, education, and community involvement through contributions and college scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$310,822$316,329▲ $5,507
Savings and Temporary Cash Investments$212,956$187,134▼ $25,822
Cash and Non-Interest-Bearing Accounts$87,025$144,823▲ $57,798
Total Assets$610,803$648,286▲ $37,483
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$438,876$502,367▲ $63,491
Net Assets With Donor Restrictions$171,927$145,919▼ $26,008
Total Net Assets Fund Balance$610,803$648,286▲ $37,483
Total Liabilities and Net Assets / Fund Balance$610,803$648,286▲ $37,483

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$34,544$370,367$404,911
Buildings$281,785$46,833$328,618
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael ZuhnPresident
Dennis NeumanVice President
Brandi ChovanecDirector
Dennis BelotaDirector
Glen RoescherDirector
Glenna LaffeyDirector
Lee FritschDirector
Marge RosenbergDirector
Rose UrbanovskyDirector
Scott WilleyDirector
Shelly MachinskyDirector
Virginia OhneiserDirector
Barbara KalinaSecretary
Tish MunizTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$92,389
Program Service Revenue
$758,714
Investment Income
$543
Other Revenue
$22,055
All Other Contributions
$92,389
Change in Net Assets
$35,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$814,831
Grants and Similar Amounts Paid$23,500
Total Fundraising Expense$14,375
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$675,033$51,361$7,337$733,731
Occupancy$25,988$7,425$3,713$37,126
Grants to Domestic Individuals$23,500--$23,500
Advertising$11,640$1,663$3,325$16,628
Depreciation Depletion$15,272$804-$16,076
Office Expenses-$5,638-$5,638
Insurance$1,634$1,634-$3,268
Fees for Services Accounting-$1,610-$1,610
Conferences and Meetings$377$377-$754
Total Functional Expenses$753,444$70,512$14,375$838,331
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
No
Backup withholding compliance
Yes
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

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The board of directors holds an annual election of the members of the governing body.

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

A copy of the form 990 is available for review upon request.

Form 990, Part VI, Section C, Line 19

All documents regarding policies and procedures and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fayette County Fair Association
EIN
74-6068906
Phone
9799684557
Address
PO BOX 544, LA GRANGE, TX 78945-0544

Signing Officer

Name
Michael Zuhn
Title
President
Phone
9799683911
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Zuhn
Formed
1924
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
75

Preparer

Firm
Schneider Frazee & Matocha Pc
Address
P O DRAWER 430, LA GRANGE, TX 78945
Preparer
Patricia T Pechal
Phone
9799689575
Supplemental Narrative

Additional Explanations

FORM 990, HEADING, ITEM I, TAX-EXEMPT STATUS:

The organization became a recognized 501(c)(3) public charity effective as of june 28, 2019. Prior to this date, the organization was exempt under section 501(c)(5).

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt035370
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt09451
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0780769
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0212956
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0187134
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt092389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0111822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt088145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt075476
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0140665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0508497
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0543
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0573
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0367
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01779
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01962
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05224
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0758714
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0712982
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0589947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0895172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01397243
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04354058
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt021894
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt033702
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt019539
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt025391
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt024610
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0125136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0543
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0573
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0367
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01779
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01962
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05224
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt017100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt018744
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt019545
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt015225
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt082114
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98280
IRS990ScheduleA/PublicSupportPY509Pct00.98350
IRS990ScheduleA/PublicSupportTotal509Amt04987691
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0872997
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0858506
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0697631
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0996039
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01562518
IRS990ScheduleA/Total509Grp/TotalAmt04987691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0890640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0877823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0717543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01013043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01575980
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05075029
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/BuildingsGrp/BookValueAmt0281785
IRS990ScheduleD/BuildingsGrp/DepreciationAmt046833
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0328618
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034544
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0370367
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0404911
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0316329
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt023500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL ASSISTANCE IN THE FORM OF COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HOLDS AN ANNUAL ELECTION OF THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS REGARDING POLICIES AND PROCEDURES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION BECAME A RECOGNIZED 501(C)(3) PUBLIC CHARITY EFFECTIVE AS OF JUNE 28, 2019. PRIOR TO THIS DATE, THE ORGANIZATION WAS EXEMPT UNDER SECTION 501(C)(5).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, HEADING, ITEM I, TAX-EXEMPT STATUS:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0610803
IRS990/TotalAssetsEOYAmt0648286
IRS990/TotalAssetsGrp/BOYAmt0610803
IRS990/TotalAssetsGrp/EOYAmt0648286
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt092389
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014375
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070512
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0753444
IRS990/TotalFunctionalExpensesGrp/TotalAmt0838331
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$1.33$1.07$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$1.19$0.90$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.90$0.83$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.83$0.85$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.50$0.57$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.87$0.84$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.86$0.79$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.70$0.78$0.08
2016Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.99$1.21$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$1.56$1.26$0.30
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.88$0.77$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.61$0.56$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$0.53
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $500k-$1M nonprofits