Civic Intelligence

Colfax County Fair Association Inc.

990 • Fiscal year 2016 • EIN 85-0467603

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 26, 2017

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

0.26x

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

2016 filings • NTEE O • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.34x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • NTEE O • <$500k nonprofits • Source year 2016

Net Margin

56th percentile

4.3%

Higher net margin than 56% of similar nonprofits.

2016 filings • NTEE O • <$500k nonprofits • Source year 2016

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.

2016 filings • NTEE O • <$500k nonprofits • Source year 2016

Asset Growth

51st percentile

2.6%

Faster asset growth than 51% of similar nonprofits.

2016 filings • NTEE O • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-13%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • NTEE O • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$367,779

Up $9,314 (+2.6%) from 2015

Net Assets

Up

$272,717

Up $12,265 (+4.7%) from 2015

Liabilities

Down

$95,062

Down $2,951 (-3.0%) from 2015

Revenue

Down

$276,759

Down $41,916 (-13%) from 2015

Expenses

Down

$264,762

Down $6,572 (-2.4%) from 2015

Net Income

Down

$11,997

Down $35,344 (-75%) from 2015

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

2016

Assets$367,779
Liabilities$95,062
Net Assets$272,717

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

2016

Revenue$276,759
Expenses$264,762
Net Income$11,997
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 26, 2017
Return Version
2016v3.0
Gross Receipts
$276,759
Mission and Program Overview

Mission

CHARITY AND EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$260,452$272,717▲ $12,265
Land, Buildings, and Equipment, Net$245,625$270,378▲ $24,753
Cash and Non-Interest-Bearing Accounts$112,840$97,401▼ $15,439
Total Assets$358,465$367,779▲ $9,314
Liabilities
Unsecured Notes Loans Payable$98,013$95,062▼ $2,951
Total Liabilities$98,013$95,062▼ $2,951
Net Assets / Fund Balance
Total Net Assets Fund Balance$260,452$272,717▲ $12,265
Total Liabilities and Net Assets / Fund Balance$358,465$367,779▲ $9,314

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$249,294$142,640$391,934
Other Land Buildings$9,595$78,631$88,226
Equipment$489$10,571$11,060
Land$11,000-$11,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$26,148
Program Service Revenue
$250,560
Investment Income
$51
Other Revenue
$0
All Other Contributions
$26,148
Change in Net Assets
$11,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,762
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
Depreciation Depletion$9,276--$9,276
All Other Expenses$4,525$3,321-$7,846
Other Expenses$7,103$110-$7,103
Insurance-$5,534-$5,534
Office Expenses$4,735$580-$5,315
Interest-$4,769-$4,769
Fees for Services Other$3,156--$3,156
Advertising$1,246$1,101-$2,347
Fees for Services Accounting-$530-$530
Total Functional Expenses$248,817$15,945$0$264,762
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
Yes
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 - four (4) of the director positions are held by married couples; however the couples only carry one vote.

Form 990, Page 6, Part VI, Line 2

10 on director's list married 19 on director's list married 20 on director's list married 22 on director's list married

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

Part vi, section a, governing body and management, line 8b is not applicable as the organization has no committees.

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

Pt. Vi, line 11b - tax return is reviewed with the treasurer of the association and copy maintained with association records. 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
Treasurer
Signed
2017-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Sauble
Formed
1945
Legal Domicile
Nm
Voting Board Members
23
Independent Board Members
23
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/InsuranceGrp/TotalAmt05534
IRS990/InterestGrp/ManagementAndGeneralAmt04769
IRS990/InterestGrp/TotalAmt04769
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt051
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt051
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0231842
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0245625
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0270378
IRS990/LandBldgEquipCostOrOtherBssAmt0502220
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/NetAssetsOrFundBalancesBOYAmt0260452
IRS990/NetAssetsOrFundBalancesEOYAmt0272717
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0580
IRS990/OfficeExpensesGrp/ProgramServicesAmt04735
IRS990/OfficeExpensesGrp/TotalAmt05315
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LIVESTOCK EXPENSE
IRS990/OtherExpensesGrp/Desc1RODEO & BBQ EXPENSE
IRS990/OtherExpensesGrp/Desc2ASST FUND-RAISING COSTS
IRS990/OtherExpensesGrp/Desc3FAIR ENTERTAINMENT EXP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0110
IRS990/OtherExpensesGrp/ProgramServicesAmt0194159
IRS990/OtherExpensesGrp/ProgramServicesAmt113734
IRS990/OtherExpensesGrp/ProgramServicesAmt210883
IRS990/OtherExpensesGrp/ProgramServicesAmt37103
IRS990/OtherExpensesGrp/TotalAmt0194159
IRS990/OtherExpensesGrp/TotalAmt113734
IRS990/OtherExpensesGrp/TotalAmt210993
IRS990/OtherExpensesGrp/TotalAmt37103
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TROY SAUBLE
IRS990/PriorPeriodAdjustmentsAmt0268
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0LIVESTOCK
IRS990/ProgramServiceRevenueGrp/Desc1RODEO & BBQ
IRS990/ProgramServiceRevenueGrp/Desc2FAIR ENTERTAINMENT
IRS990/ProgramServiceRevenueGrp/Desc3FAIRBOOK
IRS990/ProgramServiceRevenueGrp/Desc4INDOOR EXHIBITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0199882
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121474
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218933
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35985
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43664
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0199882
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43664
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt038269
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt0271334
IRS990/PYProgramServiceRevenueAmt0280361
IRS990/PYRevenuesLessExpensesAmt047341
IRS990/PYTotalExpensesAmt0271334
IRS990/PYTotalRevenueAmt0318675
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt011997
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0250611
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0260452
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0272717
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt038269
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0154062
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0240630
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0250578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0280361
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0212054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0176871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0195867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01115731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0137
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01356361
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0276708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0318630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0366116
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0189558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0205349
IRS990ScheduleA/Total509Grp/TotalAmt01356361
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0276759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0318675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0366135
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0189569
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0205360
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01356498
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED

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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
2016Detailed filing. Detailed filing data is available for this year.$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