Civic Intelligence

Hawaii County Fair Foundation

EIN 81-5254924 • 501(c)3 • Hilo, HI

Profile

The hawaii county fair foundation (the organization) was established in order to continue funding and operations of the hilo county fair, a local tradition which has provided entertainment and delight to hundreds of thousands of fair-goers since its inception in 1951. The hilo county fair is held annually each fall at 323 manono street at the francis wong stadium and the afook-chinen civic auditorium.

PO Box 7083Hilo, HI 96720

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-8.2%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

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

Annualized from 2020 to 2021

Assets

Down

$318,822

Down $28,477 (-8.2%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$318,822

Down $28,477 (-8.2%) from 2020

Revenue

Flat

$0

Flat from 2020

Expenses

Down

$28,477

Down $19,068 (-40%) from 2020

Net Income

Up

-$28,477

Up $19,068 (+40%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2017: $248,788Liabilities 2017: $0Net Assets 2017: $248,7882017Assets 2018: $317,903Liabilities 2018: $316Net Assets 2018: $317,5872018Assets 2019: $394,844Liabilities 2019: $0Net Assets 2019: $394,8442019Assets 2020: $347,299Liabilities 2020: $0Net Assets 2020: $347,2992020Assets 2021: $318,822Liabilities 2021: $0Net Assets 2021: $318,8222021

Highlighted filing

2021

Assets$318,822
Liabilities$0
Net Assets$318,822

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2017: $379,473Expenses 2017: $130,685Net Income 2017: $248,7882017Revenue 2018: $214,762Expenses 2018: $145,963Net Income 2018: $68,7992018Revenue 2019: $195,307Expenses 2019: $118,050Net Income 2019: $77,2572019Revenue 2020: $0Expenses 2020: $47,545Net Income 2020: -$47,5452020Revenue 2021: $0Expenses 2021: $28,477Net Income 2021: -$28,4772021

Highlighted filing

2021

Revenue$0
Expenses$28,477
Net Income-$28,477

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

The hawaii county fair foundation (the organization) was established in order to continue funding and operations of the hilo county fair, a local tradition which has provided entertainment and delight to hundreds of thousands of fair-goers since its inception in 1951. The hilo county fair is held annually each fall at 323 manono street at the francis wong stadium and the afook-chinen civic auditorium.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$199,639$181,900▼ $17,739
Land, Buildings, and Equipment, Net$147,660$136,922▼ $10,738
Total Assets$347,299$318,822▼ $28,477
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$347,299$318,822▼ $28,477
Total Net Assets Fund Balance$347,299$318,822▼ $28,477
Total Liabilities and Net Assets / Fund Balance$347,299$318,822▼ $28,477

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$136,922$24,162$161,084
Equipment-$10,514$10,514
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelton K ChangPresident
Cheryl KiyotsukaDirector
Nori IshiiDirector
Lloydette HelenihiSecretary
Linnea Aguiar-botelhoVice Pres/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-28,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,477
Grants and Similar Amounts Paid$7,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$10,738--$10,738
Grants to Domestic Orgs$5,000--$5,000
Insurance-$4,230-$4,230
Office Expenses$2,607--$2,607
Grants to Domestic Individuals$2,000--$2,000
Fees for Services Other$1,759--$1,759
Fees for Services Accounting-$1,597-$1,597
All Other Expenses$10--$10
Other Expenses$8--$8
Total Functional Expenses$22,650$5,827$0$28,477
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
Annual disclosure for covered persons
No
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
Yes
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

The form 990 is provided to the board of directors for approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

If a conflict of interest occurs, the parties involved shall be removed from all discussion and voting on the matter. No business shall be done if a person holds on the board of directors and is party to a potential business deal. All offers where a conflict of interest occurs will be declined.

Form 990, Page 6, Part VI, Line 19

Governing documents and the form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
Hawaii County Fair Foundation
EIN
81-5254924
Phone
8089354002
Address
PO BOX 7083, HILO, HI 96720

Signing Officer

Name
Kelton K Chang
Title
President
Phone
8089354002
Signed
2022-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelton K Chang
Formed
2017
Legal Domicile
Hi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Gretchen Kremeyer
Phone
8082425002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The hawaii county fair foundation (the organization) was established in order to continue funding and operations of the hilo county fair, a local tradition which has provided entertainment and delight to hundreds of thousands of fair-goers since its inception in 1951. The hilo county fair is held annually each fall at 323 manono street at the francis wong stadium and the afook-chinen civic auditorium.

Form 990, Page 2, Part III, Line 4A

Hosting of the annual hilo county fair. For a small island community, the hilo county fair provides an exciting occasion where families gather and enjoy quality time together. In addition to rides and games, the fair hosts a wide variety of educational and community exhibits, which highlights hilos unique history as an agricultural community and a place of wide cultural diversity. The fair has been a setting for many to showcase their talents and skills. Performances by school bands, local hulaus (hula), and gardening exhibitions represent many of the activities which take place at the fair. The organization is currently expanding the range of displays to include animal exhibits in an effort to highlight local farms and activities. Proceeds from the fair represent a substantial amount of the organizations overall revenue. The proceeds will be used to establish both a temporary and permanent fund source to ensure the ongoing support for the hilo county fair. Due to the covid pandemic, no fair was held in 2021.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRES/TR
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IRS990/MissionDesc0THE HAWAII COUNTY FAIR FOUNDATION (THE ORGANIZATION) WAS ESTABLISHED IN ORDER TO CONTINUE FUNDING AND OPERATIONS OF THE HILO COUNTY FAIR, A LOCAL TRADITION WHICH HAS PROVIDED ENTERTAINMENT AND DELIGHT TO HUNDREDS OF THOUSANDS OF FAIR-GOERS SINCE ITS INCEPTION IN 1951. THE HILO COUNTY FAIR IS HELD ANNUALLY EACH FALL AT 323 MANONO STREET AT THE FRANCIS WONG STADIUM AND THE AFOOK-CHINEN CIVIC AUDITORIUM.
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IRS990/ProgSrvcAccomActy2Grp/Desc0IMPROVEMENTS TO THE HILO COUNTY FAIRGROUNDS. THE HAWAII COUNTY FAIR FOUNDATION IS DEDICATED TO IMPROVING THE FACILITIES OF THE FAIRGROUNDS AND EVENT LOCATION. THE ORGANIZATION STRIVES TO CONSERVE THE AGRICULTURAL AND RURAL ROOTS OF THE HILO COMMUNITY WHILE CONTINUOUSLY WORKING TO MAKE IMPROVEMENTS WHICH REFLECT THESE LONG TRADITIONS. THE ORGANIZATION HAS BUDGETED 80,000 OF EXPENSES OVER THE THREE YEAR PERIOD OF 2019 THROUGH 2021 TO CONSTRUCT AND IMPROVE ON THE FAIRGROUNDS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HAWAII COUNTY FAIR FOUNDATION (THE ORGANIZATION) WAS ESTABLISHED IN ORDER TO CONTINUE FUNDING AND OPERATIONS OF THE HILO COUNTY FAIR, A LOCAL TRADITION WHICH HAS PROVIDED ENTERTAINMENT AND DELIGHT TO HUNDREDS OF THOUSANDS OF FAIR-GOERS SINCE ITS INCEPTION IN 1951. THE HILO COUNTY FAIR IS HELD ANNUALLY EACH FALL AT 323 MANONO STREET AT THE FRANCIS WONG STADIUM AND THE AFOOK-CHINEN CIVIC AUDITORIUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOSTING OF THE ANNUAL HILO COUNTY FAIR. FOR A SMALL ISLAND COMMUNITY, THE HILO COUNTY FAIR PROVIDES AN EXCITING OCCASION WHERE FAMILIES GATHER AND ENJOY QUALITY TIME TOGETHER. IN ADDITION TO RIDES AND GAMES, THE FAIR HOSTS A WIDE VARIETY OF EDUCATIONAL AND COMMUNITY EXHIBITS, WHICH HIGHLIGHTS HILOS UNIQUE HISTORY AS AN AGRICULTURAL COMMUNITY AND A PLACE OF WIDE CULTURAL DIVERSITY. THE FAIR HAS BEEN A SETTING FOR MANY TO SHOWCASE THEIR TALENTS AND SKILLS. PERFORMANCES BY SCHOOL BANDS, LOCAL HULAUS (HULA), AND GARDENING EXHIBITIONS REPRESENT MANY OF THE ACTIVITIES WHICH TAKE PLACE AT THE FAIR. THE ORGANIZATION IS CURRENTLY EXPANDING THE RANGE OF DISPLAYS TO INCLUDE ANIMAL EXHIBITS IN AN EFFORT TO HIGHLIGHT LOCAL FARMS AND ACTIVITIES. PROCEEDS FROM THE FAIR REPRESENT A SUBSTANTIAL AMOUNT OF THE ORGANIZATIONS OVERALL REVENUE. THE PROCEEDS WILL BE USED TO ESTABLISH BOTH A TEMPORARY AND PERMANENT FUND SOURCE TO ENSURE THE ONGOING SUPPORT FOR THE HILO COUNTY FAIR. DUE TO THE COVID PANDEMIC, NO FAIR WAS HELD IN 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF A CONFLICT OF INTEREST OCCURS, THE PARTIES INVOLVED SHALL BE REMOVED FROM ALL DISCUSSION AND VOTING ON THE MATTER. NO BUSINESS SHALL BE DONE IF A PERSON HOLDS ON THE BOARD OF DIRECTORS AND IS PARTY TO A POTENTIAL BUSINESS DEAL. ALL OFFERS WHERE A CONFLICT OF INTEREST OCCURS WILL BE DECLINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND THE FORM 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0347299
IRS990/TotalAssetsEOYAmt0318822
IRS990/TotalAssetsGrp/BOYAmt0347299
IRS990/TotalAssetsGrp/EOYAmt0318822
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05827
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022650
IRS990/TotalFunctionalExpensesGrp/TotalAmt028477
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0347299
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0318822
IRS990/TotalProgramServiceExpensesAmt022650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0347299
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0318822
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 7083
IRS990/USAddress/CityNm0HILO
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096720
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELTON K CHANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08089354002
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAWAII COUNTY FAIR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HAWA
ReturnHeader/Filer/EIN0815254924
ReturnHeader/Filer/PhoneNum08089354002
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7083
ReturnHeader/Filer/USAddress/CityNm0HILO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096720
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990303190
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARBONARO CPAS & MANAGEMENT GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01885 MAIN ST STE 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAILUKU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096793
ReturnHeader/PreparerPersonGrp/PhoneNum08082425002
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GRETCHEN KREMEYER
ReturnHeader/ReturnTs02022-11-14T13:46:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KELTON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHANGE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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