Civic Intelligence

Colfax County Fair Association Inc.

990 • Fiscal year 2014 • EIN 85-0467603

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

P O Box 502Springer, NM 87747

(575) 375-2790

Siviq Scores

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

Liabilities / Assets

84th percentile

0.32x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • NTEE O • <$500k nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

0.27x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • NTEE O • <$500k nonprofits • Source year 2014

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2014 filings • NTEE O • <$500k nonprofits • Source year 2014

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.

2014 filings • NTEE O • <$500k nonprofits • Source year 2014

Asset Growth

96th percentile

291%

Faster asset growth than 96% of similar nonprofits.

2014 filings • NTEE O • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

91st percentile

93%

Faster revenue growth than 91% of similar nonprofits.

2014 filings • NTEE O • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$313,111

Up $233,005 (+291%) from 2013

Net Assets

Up

$213,111

Up $151,887 (+248%) from 2013

Liabilities

Up

$100,000

Up $81,118 (+430%) from 2013

Revenue

Up

$366,116

Up $176,547 (+93%) from 2013

Expenses

Up

$214,229

Up $34,567 (+19%) from 2013

Net Income

Up

$151,887

Up $141,980 (+1433%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $80,777Liabilities 2010: $28,089Net Assets 2010: $52,6882010Assets 2011: $71,456Liabilities 2011: $25,159Net Assets 2011: $46,2972011Assets 2012: $73,357Liabilities 2012: $22,040Net Assets 2012: $51,3172012Assets 2013: $80,106Liabilities 2013: $18,882Net Assets 2013: $61,2242013Assets 2014: $313,111Liabilities 2014: $100,000Net Assets 2014: $213,1112014Assets 2015: $358,465Liabilities 2015: $98,013Net Assets 2015: $260,4522015Assets 2016: $367,779Liabilities 2016: $95,062Net Assets 2016: $272,7172016Assets 2017: $527,959Liabilities 2017: $135,210Net Assets 2017: $392,7492017Assets 2018: $545,199Liabilities 2018: $129,614Net Assets 2018: $415,5852018Assets 2019: $533,902Liabilities 2019: $126,441Net Assets 2019: $407,4612019Assets 2020: $510,570Liabilities 2020: $122,411Net Assets 2020: $388,1592020Assets 2021: $489,171Liabilities 2021: $118,149Net Assets 2021: $371,0222021Assets 2022: $491,383Liabilities 2022: $113,642Net Assets 2022: $377,7412022Assets 2023: $473,377Liabilities 2023: $112,011Net Assets 2023: $361,3662023Assets 2024: $439,254Liabilities 2024: $111,392Net Assets 2024: $327,8622024

Highlighted filing

2014

Assets$313,111
Liabilities$100,000
Net Assets$213,111

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $366,7372010Expenses 2011: $263,5412011Expenses 2012: $200,3402012Revenue 2013: $189,569Expenses 2013: $179,662Net Income 2013: $9,9072013Revenue 2014: $366,116Expenses 2014: $214,229Net Income 2014: $151,8872014Revenue 2015: $318,675Expenses 2015: $271,334Net Income 2015: $47,3412015Revenue 2016: $276,759Expenses 2016: $264,762Net Income 2016: $11,9972016Revenue 2017: $404,247Expenses 2017: $284,215Net Income 2017: $120,0322017Revenue 2018: $382,186Expenses 2018: $359,350Net Income 2018: $22,8362018Revenue 2019: $345,746Expenses 2019: $353,870Net Income 2019: -$8,1242019Revenue 2020: $346,727Expenses 2020: $366,030Net Income 2020: -$19,3032020Revenue 2021: $433,169Expenses 2021: $450,307Net Income 2021: -$17,1382021Revenue 2022: $417,556Expenses 2022: $410,837Net Income 2022: $6,7192022Revenue 2023: $451,395Expenses 2023: $465,009Net Income 2023: -$13,6142023Revenue 2024: $395,160Expenses 2024: $428,664Net Income 2024: -$33,5042024

Highlighted filing

2014

Revenue$366,116
Expenses$214,229
Net Income$151,887
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$366,116
Mission and Program Overview

Mission

CHARITY AND EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$51,414$235,785▲ $184,371
Rtn Earn Endowment Incm Other Fnds$61,224$213,111▲ $151,887
Cash and Non-Interest-Bearing Accounts$28,692$77,326▲ $48,634
Total Assets$80,106$313,111▲ $233,005
Liabilities
Unsecured Notes Loans Payable$18,882$100,000▲ $81,118
Total Liabilities$18,882$100,000▲ $81,118
Net Assets / Fund Balance
Total Net Assets Fund Balance$61,224$213,111▲ $151,887
Total Liabilities and Net Assets / Fund Balance$80,106$313,111▲ $233,005

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$438,525-$438,525
Land$11,000-$11,000
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Zachary Blacksten Dba Baldy Mtn WeldConstructionRTE 1 BOX 39A, RTE 1 BOX 39A, Springer, NM 87747$186,120
Revenue and Support

Revenue Composition

Contributions and Grants
$154,062
Program Service Revenue
$212,035
Investment Income
$19
Other Revenue
$0
All Other Contributions
$154,062
Change in Net Assets
$151,887
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$3,190$2,963-$6,153
Depreciation Depletion$6,140--$6,140
Other Expenses$5,379--$5,379
Office Expenses$4,925$224-$5,149
Insurance-$4,892-$4,892
Interest-$3,691-$3,691
Advertising$417$953-$1,370
Total Functional Expenses$201,506$12,723$0$214,229
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI

Pt vi, line 2 - nine (9) of the director positions are held by married couples; however the couples only carry one vote.

Form 990, Page 6, Part VI, Line 8B

Pt. Vi, line 8b - no. Only governing body has the authority to act on behalf of the association.

Form 990, Page 6, Part VI, Line 11B

Pt. Vi, line 11b - tax return is reviewed with the treasurer of the association. Any director may review the return.

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

Pt. Vi, line 12c - all known conflicts of interest are reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 19

Pt. Vi, line 19 - all requests to view governing documents, conflict of interest policy and financial statements must be made in writing and mailed to the office of the association. The individual will be contacted by an officer and allowed to view the documents.

Filing and Contact Details

Filer

Filer Name
Colfax County Fair Association
EIN
85-0467603
Address
P O BOX 502, SPRINGER, NM 87747
Doing Business As
Colfax County Fair Association

Signing Officer

Name
Troy Sauble
Title
Officer
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Sauble
Formed
1945
Legal Domicile
Nm
Voting Board Members
25
Independent Board Members
25
Employees
0

Preparer

Firm
Jeanne Tatum
Address
PO BOX 38, UTE PARK, NM 87749-0038
Preparer
Jeanne Tatum
Phone
5753762960
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21ST VICE-PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE-PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5CO-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0366116
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt025
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04892
IRS990/InsuranceGrp/TotalAmt04892
IRS990/InterestGrp/ManagementAndGeneralAmt03691
IRS990/InterestGrp/TotalAmt03691
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt019
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0213740
IRS990/LandBldgEquipBasisNetGrp/BOYAmt051414
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0235785
IRS990/LandBldgEquipCostOrOtherBssAmt0449525
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CHARITY AND EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt061224
IRS990/NetAssetsOrFundBalancesEOYAmt0213111
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0224
IRS990/OfficeExpensesGrp/ProgramServicesAmt04925
IRS990/OfficeExpensesGrp/TotalAmt05149
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LIVESTOCK EXPENSE
IRS990/OtherExpensesGrp/Desc1FAIR ENTERTAINMENT EXP
IRS990/OtherExpensesGrp/Desc2RODEO & BBQ EXPENSE
IRS990/OtherExpensesGrp/Desc3QUEEN CONTEST EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0164274
IRS990/OtherExpensesGrp/ProgramServicesAmt19699
IRS990/OtherExpensesGrp/ProgramServicesAmt27482
IRS990/OtherExpensesGrp/ProgramServicesAmt35379
IRS990/OtherExpensesGrp/TotalAmt0164274
IRS990/OtherExpensesGrp/TotalAmt19699
IRS990/OtherExpensesGrp/TotalAmt27482
IRS990/OtherExpensesGrp/TotalAmt35379
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TROY SAUBLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0LIVESTOCK
IRS990/ProgramServiceRevenueGrp/Desc1FAIR ENTERTAINMENT
IRS990/ProgramServiceRevenueGrp/Desc2RODEO & BBQ
IRS990/ProgramServiceRevenueGrp/Desc3QUEEN CONTEST
IRS990/ProgramServiceRevenueGrp/Desc4FAIRBOOK
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0167156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115642
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213313
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37129
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0167156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213313
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46255
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012687
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011
IRS990/PYOtherExpensesAmt0179662
IRS990/PYOtherRevenueAmt01025
IRS990/PYProgramServiceRevenueAmt0175846
IRS990/PYRevenuesLessExpensesAmt09907
IRS990/PYTotalExpensesAmt0179662
IRS990/PYTotalRevenueAmt0189569
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0151887
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0212054
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt061224
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0213111
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0154062
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0105413
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0211976
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0493620
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0212054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0176871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0195867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0151567
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0154863

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$1.11$3.28$3.95$4.29$0.34
2023Summary only. Only limited summary data is available for this year.$4.73$1.12$3.61$4.51$4.65$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$1.14$3.78$4.18$4.11$0.07
2021Summary only. Only limited summary data is available for this year.$4.89$1.18$3.71$4.33$4.50$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$1.22$3.88$3.47$3.66$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$1.26$4.07$3.46$3.54$0.08
2018Summary only. Only limited summary data is available for this year.$5.45$1.30$4.16$3.82$3.59$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$1.35$3.93$4.04$2.84$1.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$0.95$2.73$2.77$2.65$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.58$0.98$2.60$3.19$2.71$0.47
2014Detailed filing. Detailed filing data is available for this year.$3.13$1.00$2.13$3.66$2.14$1.52
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.19$0.61$1.90$1.80$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.22$0.51$2.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.25$0.46$2.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.28$0.53$3.67