Civic Intelligence

Freestone County Fair Association Inc.

990 • Fiscal year 2018 • EIN 75-2179861

Oct 01, 2017 to Sep 30, 2018 • Filed on Oct 26, 2018

PO Box 806Teague, TX 75860

(903) 388-2118

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.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

3rd percentile

-47%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

15%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$112,118

Down $100,186 (-47%) from 2017

Net Assets

Down

$112,118

Down $100,186 (-47%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$622,215

Up $80,227 (+15%) from 2017

Expenses

Up

$722,401

Up $158,729 (+28%) from 2017

Net Income

Down

-$100,186

Down $78,502 (-362%) from 2017

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: $78,896Liabilities 2011: $0Net Assets 2011: $78,8962011Assets 2012: $110,713Liabilities 2012: $0Net Assets 2012: $110,7132012Assets 2013: $112,838Liabilities 2013: $0Net Assets 2013: $112,8382013Assets 2014: $161,167Liabilities 2014: $0Net Assets 2014: $161,1672014Assets 2015: $193,382Liabilities 2015: $0Net Assets 2015: $193,3822015Assets 2016: $233,988Liabilities 2016: $0Net Assets 2016: $233,9882016Assets 2017: $212,304Liabilities 2017: $0Net Assets 2017: $212,3042017Assets 2018: $112,118Liabilities 2018: $0Net Assets 2018: $112,1182018Assets 2019: $192,321Liabilities 2019: $0Net Assets 2019: $192,3212019Assets 2020: $123,265Liabilities 2020: $0Net Assets 2020: $123,2652020Assets 2021: $288,819Liabilities 2021: $0Net Assets 2021: $288,8192021Assets 2022: $423,749Liabilities 2022: $0Net Assets 2022: $423,7492022Assets 2023: $1,393,703Liabilities 2023: $0Net Assets 2023: $1,393,7032023Assets 2024: $471,867Liabilities 2024: $0Net Assets 2024: $471,8672024Assets 2025: $499,122Liabilities 2025: $3,500Net Assets 2025: $495,6222025

Highlighted filing

2018

Assets$112,118
Liabilities$0
Net Assets$112,118

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $484,920Expenses 2011: $485,656Net Income 2011: -$7362011Expenses 2012: $486,7252012Expenses 2013: $465,8422013Revenue 2014: $563,118Expenses 2014: $514,789Net Income 2014: $48,3292014Revenue 2015: $609,579Expenses 2015: $577,364Net Income 2015: $32,2152015Revenue 2016: $525,523Expenses 2016: $484,917Net Income 2016: $40,6062016Revenue 2017: $541,988Expenses 2017: $563,672Net Income 2017: -$21,6842017Revenue 2018: $622,215Expenses 2018: $722,401Net Income 2018: -$100,1862018Revenue 2019: $680,849Expenses 2019: $600,646Net Income 2019: $80,2032019Revenue 2020: $531,068Expenses 2020: $600,124Net Income 2020: -$69,0562020Revenue 2021: $953,602Expenses 2021: $788,048Net Income 2021: $165,5542021Revenue 2022: $1,233,064Expenses 2022: $1,098,134Net Income 2022: $134,9302022Revenue 2023: $1,228,044Expenses 2023: $258,090Net Income 2023: $969,9542023Revenue 2024: $1,031,226Expenses 2024: $1,953,062Net Income 2024: -$921,8362024Revenue 2025: $1,264,646Expenses 2025: $1,240,054Net Income 2025: $24,5922025

Highlighted filing

2018

Revenue$622,215
Expenses$722,401
Net Income-$100,186
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Oct 26, 2018
Return Version
2017v2.2
Gross Receipts
$639,219
Mission and Program Overview

Mission

Encourage youth participation in agricultural activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$212,304$112,118▼ $100,186
Cash and Non-Interest-Bearing Accounts$191,743$92,021▼ $99,722
Savings and Temporary Cash Investments$16,114$16,117▲ $3
Land, Buildings, and Equipment, Net$4,447$3,980▼ $467
Total Assets$212,304$112,118▼ $100,186
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$212,304$112,118▼ $100,186
Total Liabilities and Net Assets / Fund Balance$212,304$112,118▼ $100,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,980$489$4,469
Equipment-$3,109$3,109
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clint MinchewPresident
Sid FryerVice-president
Frank BonnerDirector
Hubie FryerDirector
Jason LewisDirector
Jody BodineDirector
Todd CraigDirector
Heather StuverSecretary
Scott HolmesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,340
Program Service Revenue
$532,272
Investment Income
$0
Other Revenue
$88,603
Change in Net Assets
$-100,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$720,951
Grants and Similar Amounts Paid$1,450
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$586,600$0$0$586,600
Fees for Services Legal$100,485$5,558$0$106,043
Advertising$7,298$0$0$7,298
Office Expenses$0$3,842$0$3,842
Other Expenses$3,650$0$0$3,650
Insurance$1,812$0$0$1,812
Grants to Domestic Individuals$1,450--$1,450
Fees for Services Accounting$0$1,415$0$1,415
Conferences and Meetings$0$796$0$796
Depreciation Depletion$206$0$0$206
Total Functional Expenses$710,790$11,611$0$722,401
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$105,607
Fundraising Direct Expenses$17,004
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fair----
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
Backup withholding compliance
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
Freestone County Fair Association Inc
EIN
75-2179861
Phone
9033882118
Address
PO BOX 806, TEAGUE, TX 75860

Signing Officer

Name
Scott Holmes
Title
Treasurer
Phone
9033882118
Signed
2018-10-26

Organization Details

Principal Officer
Sid Fryer
Formed
1986
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
40

Preparer

Firm
Stuart D Phillips Pc
Address
306 N FAIRWAY ST, FAIRFIELD, TX 75840
Preparer
John Burleson CPA
Phone
9033897300
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

ORGANIZATION HAS MEMBERS

Pt VI, Line 7A

Members elect officers and directors

Pt VI, Line 8A

Minutes taken at board of directors meetings

Pt VI, Line 11B

Reviewed at board of directors meeting

Pt VI, Line 19

AVAILABLE UPON REQUEST

Pt VI, Line 8B

Minutes taken at board of directors meetings

Form 990, Part IX, Line 24E

Ambulance services 1373. 1373. 0. 0.

Form 990, Part IX, Line 24E

Security 1894. 1894. 0. 0.

Form 990, Part IX, Line 24E

Repairs & maintenance 11387. 11387. 0. 0.

Form 990, Part IX, Line 24E

Livestock supplies 17373. 17373. 0. 0.

Form 990, Part IX, Line 24E

Membership dues 120. 120. 0. 0.

Form 990, Part IX, Line 24E

Prizes 11578. 11578. 0. 0.

Form 990, Part IX, Line 24E

Billing expense 1250. 1250. 0. 0.

Form 990, Part IX, Line 24E

Parade expense 596. 596. 0. 0.

Form 990, Part IX, Line 24E

LABOR 6672. 6672. 0. 0.

Form 990, Part IX, Line 24E

Trophies, plaques & ribbons 3799. 3799. 0. 0.

Form 990, Part IX, Line 24E

Bank charges 10. 10. 0. 0.

Form 990, Part IX, Line 24E

TRAVEL 425. 425. 0. 0.

Form 990, Part IX, Line 24E

WEBSITE 73. 73. 0. 0.

Form 990, Part IX, Line 24E

Tent expense 2227. 2227. 0. 0.

Form 990, Part IX, Line 24E

Commissions 2750. 2750. 0. 0.

Form 990, Part IX, Line 24E

Stock charges 10474. 10474. 0. 0.

Form 990, Part IX, Line 24E

Exhibitors fees 513599. 513599. 0. 0.

Form 990, Part IX, Line 24E

Livestock sale expense 1000. 1000. 0. 0.

Raw XML AppendixShowing 400 of 433 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010277
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0620875
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0540408
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IRS990ScheduleA/PublicSupportTotal509Amt02862414
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0563109
IRS990ScheduleA/Total509Grp/TotalAmt02862414
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IRS990ScheduleD/BuildingsGrp/BookValueAmt03980
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0489
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04469
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03109
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03109
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03980
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FAIR
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT OFFICERS AND DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MINUTES TAKEN AT BOARD OF DIRECTORS MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED AT BOARD OF DIRECTORS MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MINUTES TAKEN AT BOARD OF DIRECTORS MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AMBULANCE SERVICES 1373. 1373. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECURITY 1894. 1894. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REPAIRS & MAINTENANCE 11387. 11387. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LIVESTOCK SUPPLIES 17373. 17373. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEMBERSHIP DUES 120. 120. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PRIZES 11578. 11578. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BILLING EXPENSE 1250. 1250. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PARADE EXPENSE 596. 596. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14LABOR 6672. 6672. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15TROPHIES, PLAQUES & RIBBONS 3799. 3799. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16BANK CHARGES 10. 10. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17TRAVEL 425. 425. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18WEBSITE 73. 73. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19TENT EXPENSE 2227. 2227. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20COMMISSIONS 2750. 2750. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21STOCK CHARGES 10474. 10474. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22EXHIBITORS FEES 513599. 513599. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23LIVESTOCK SALE EXPENSE 1000. 1000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0112118
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01340
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011611
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0710790
IRS990/TotalFunctionalExpensesGrp/TotalAmt0722401
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0212304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0112118
IRS990/TotalProgramServiceExpensesAmt0710790
IRS990/TotalProgramServiceRevenueAmt0532272
IRS990/TotalRevenueGrp/ExclusionAmt088603
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0532272
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0622215
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0212304
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IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0FAIRFIELD
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075840
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.26$1.24$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.03$1.95$0.92
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$1.23$0.26$0.97
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.23$1.10$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.95$0.79$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.53$0.60$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.68$0.60$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.62$0.72$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.54$0.56$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.53$0.48$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.61$0.58$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.56$0.51$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.49
2011Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.48$0.49$0.00