Civic Intelligence

Colfax County Fair Association Inc.

990 • Fiscal year 2024 • EIN 85-0467603

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 10, 2025

PO Box 502Springer, NM 87747

(505) 241-9299

Siviq Scores

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

Liabilities / Assets

84th percentile

0.25x

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

2024 filings • NTEE O • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.28x

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

2024 filings • NTEE O • <$500k nonprofits • Source year 2024

Net Margin

25th percentile

-8.5%

Higher net margin than 25% of similar nonprofits.

2024 filings • NTEE O99 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2024 filings • NTEE O99 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-7.2%

Faster asset growth than 36% of similar nonprofits.

2024 filings • NTEE O • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-12%

Faster revenue growth than 30% of similar nonprofits.

2024 filings • NTEE O • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$439,254

Down $34,123 (-7.2%) from 2023

Net Assets

Down

$327,862

Down $33,504 (-9.3%) from 2023

Liabilities

Down

$111,392

Down $619 (-0.6%) from 2023

Revenue

Down

$395,160

Down $56,235 (-12%) from 2023

Expenses

Down

$428,664

Down $36,345 (-7.8%) from 2023

Net Income

Down

-$33,504

Down $19,890 (-146%) from 2023

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

2024

Assets$439,254
Liabilities$111,392
Net Assets$327,862

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

2024

Revenue$395,160
Expenses$428,664
Net Income-$33,504
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$412,951
Mission and Program Overview

Mission

CHARITY AND EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$427,550$414,139▼ $13,411
Rtn Earn Endowment Incm Other Fnds$361,366$327,862▼ $33,504
Cash and Non-Interest-Bearing Accounts$45,827$25,115▼ $20,712
Total Assets$473,377$439,254▼ $34,123
Liabilities
Mortgage Notes Payable Secured by Investment Property$112,011$111,392▼ $619
Total Liabilities$112,011$111,392▼ $619
Net Assets / Fund Balance
Total Net Assets Fund Balance$361,366$327,862▼ $33,504
Total Liabilities and Net Assets / Fund Balance$473,377$439,254▼ $34,123

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$401,256$204,895$606,151
Leasehold Improvements-$117,233$117,233
Other Land Buildings$1,192$18,147$19,339
Land$11,000-$11,000
Equipment$691$6,062$6,753
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gayanne JeffersPresident
Leslie BlakeneyPresident
Keith Armstrong1st Vice President
Troy Sauble2nd Vice President
April YatesDirector
Bo LopezDirector
Clay JacksonDirector
Dr Truman SmithDirector
Ed SeguraDirector
Ginger JacksonDirector
Gm FernandezDirector
Jaime NystulDirector
Sara KowalskiDirector
Ted SneedDirector
Marlene NystulCo-secretary
Crystal AmstrongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,628
Program Service Revenue
$342,533
Investment Income
$82
Other Revenue
$23,917
All Other Contributions
$28,628
Change in Net Assets
$-33,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$426,633
Grants and Similar Amounts Paid$2,031
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$13,411--$13,411
Interest$10,682--$10,682
Insurance$9,546--$9,546
All Other Expenses$9,414--$9,414
Other Expenses$8,182--$8,182
Advertising$2,362--$2,362
Grants to Domestic Orgs$2,031--$2,031
Office Expenses-$1,332-$1,332
Fees for Services Accounting-$1,090-$1,090
Fees for Services Legal-$1,090-$1,090
Occupancy-$1,075-$1,075
Information Technology$350--$350
Total Functional Expenses$424,077$4,587$0$428,664
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,348
Fundraising Direct Expenses$17,791
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sweetheart Ball$29,800$29,800$5,746$24,054
Bbq$453$453$920$-467
Total Events$37,348$37,348$17,791$19,557
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2

There are 3 married couples on the board of directors. Each has only 1 vote

Form 990, Part VI, Line 8B

Board ratification for all actions - no committees

Form 990, Part VI, Line 11B

Treasurer/president reviews tax return. A copy of the return is available for board member review. Questions addressed by treasurer.

Form 990, Part VI, Line 12C

Conflicts of interest are reviewed and assessed by the board.

Form 990, Part VI, Line 19

All governing documents, policies, tax returns and financial statements are available for viewing upon written request to the association office.

Filing and Contact Details

Filer

Filer Name
Colfax County Fair Association
EIN
85-0467603
Phone
5052419299
Address
PO Box 502, Springer, NM 87747

Signing Officer

Name
Leslie Blakney
Title
Vicepresident
Phone
5052419299
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leslie Blakney
Formed
1945
Legal Domicile
Nm
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Oliver Burton & Associates LLC
Address
303 Maxwell AVE PO Box 517, Springer, NM 87747
Preparer
Jamie D Oliver
Phone
5754830027
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0LIVESTOCK SALE EXPENSE
IRS990/OtherExpensesGrp/Desc1RODEO EXPENSE
IRS990/OtherExpensesGrp/Desc2FAIR ENTERTAINMENT EXPENSE
IRS990/OtherExpensesGrp/Desc3AWARDS
IRS990/OtherExpensesGrp/ProgramServicesAmt0354476
IRS990/OtherExpensesGrp/ProgramServicesAmt111730
IRS990/OtherExpensesGrp/ProgramServicesAmt21893
IRS990/OtherExpensesGrp/ProgramServicesAmt38182
IRS990/OtherExpensesGrp/TotalAmt0354476
IRS990/OtherExpensesGrp/TotalAmt111730
IRS990/OtherExpensesGrp/TotalAmt21893
IRS990/OtherExpensesGrp/TotalAmt38182
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LESLIE BLAKNEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0LIVESTOCK SALE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0342533
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0342533
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt036709
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01564
IRS990/PYInvestmentIncomeAmt085
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0463445
IRS990/PYOtherRevenueAmt027050
IRS990/PYProgramServiceRevenueAmt0387551
IRS990/PYRevenuesLessExpensesAmt0-13614
IRS990/PYTotalExpensesAmt0465009
IRS990/PYTotalRevenueAmt0451395
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-33504
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt04360
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0412951
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0361366
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0327862
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012491
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt036709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt022650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt013080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011969
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt096899
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0342533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0387551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0355113
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0397659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0302843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01785699
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt04180
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt03090
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt05821
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt022424
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt035515
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01918113
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0359204
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0427350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0383584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0433163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0314812
IRS990ScheduleA/Total509Grp/TotalAmt01918113
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0359204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0427350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0383584
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0433169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0314812
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01918119
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0401256
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0204895
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0606151
IRS990ScheduleD/EquipmentGrp/BookValueAmt0691
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06062
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06753
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt011000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011000
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0117233
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117233
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01192
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018147
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0414139
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017791
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SWEETHEART BALL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BBQ
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0453
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07095
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037348
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0453
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07095
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037348
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019557
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt011125
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017791
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05746
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0920
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE 3 MARRIED COUPLES ON THE BOARD OF DIRECTORS. EACH HAS ONLY 1 VOTE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD RATIFICATION FOR ALL ACTIONS - NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TREASURER/PRESIDENT REVIEWS TAX RETURN. A COPY OF THE RETURN IS AVAILABLE FOR BOARD MEMBER REVIEW. QUESTIONS ADDRESSED BY TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE REVIEWED AND ASSESSED BY THE BOARD.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

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