Civic Intelligence

Otero County Fair Association Inc.

990 • Fiscal year 2019 • EIN 85-6011829

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 29, 2020

401 Fairgrounds RoadAlamogordo, NM 88310

(575) 434-0788

Siviq Scores

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

Liabilities / Assets

69th percentile

0.00x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.00x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$14,614

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

76th percentile

20%

Faster revenue growth than 76% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$243,293

Up $53,185 (+28%) from 2018

Net Assets

Up

$242,433

Up $54,355 (+29%) from 2018

Liabilities

Down

$860

Down $1,170 (-58%) from 2018

Revenue

Up

$423,055

Up $69,670 (+20%) from 2018

Expenses

Up

$368,700

Up $1,782 (+0.5%) from 2018

Net Income

Up

$54,355

Up $67,888 (+502%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $154,711Liabilities 2010: $0Net Assets 2010: $154,7112010Assets 2011: $164,183Liabilities 2011: $0Net Assets 2011: $164,1832011Assets 2012: $177,524Liabilities 2012: $0Net Assets 2012: $177,5242012Assets 2014: $157,723Liabilities 2014: $0Net Assets 2014: $157,7232014Assets 2015: $166,191Liabilities 2015: $0Net Assets 2015: $166,1912015Assets 2016: $200,035Liabilities 2016: $3,113Net Assets 2016: $196,9222016Assets 2017: $207,063Liabilities 2017: $5,449Net Assets 2017: $201,6142017Assets 2018: $190,108Liabilities 2018: $2,030Net Assets 2018: $188,0782018Assets 2019: $243,293Liabilities 2019: $860Net Assets 2019: $242,4332019Assets 2020: $183,592Liabilities 2020: $2,105Net Assets 2020: $181,4872020Assets 2021: $236,058Liabilities 2021: $1,787Net Assets 2021: $234,2712021Assets 2022: $473,793Liabilities 2022: $747Net Assets 2022: $473,0462022Assets 2023: $328,127Liabilities 2023: $220Net Assets 2023: $327,9072023Assets 2024: $453,326Liabilities 2024: $0Net Assets 2024: $453,3262024

Highlighted filing

2019

Assets$243,293
Liabilities$860
Net Assets$242,433

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $252,0362010Revenue 2011: $283,192Expenses 2011: $273,720Net Income 2011: $9,4722011Expenses 2012: $262,1012012Revenue 2014: $274,553Expenses 2014: $268,126Net Income 2014: $6,4272014Revenue 2015: $304,290Expenses 2015: $295,822Net Income 2015: $8,4682015Revenue 2016: $343,200Expenses 2016: $351,134Net Income 2016: -$7,9342016Revenue 2017: $357,141Expenses 2017: $352,449Net Income 2017: $4,6922017Revenue 2018: $353,385Expenses 2018: $366,918Net Income 2018: -$13,5332018Revenue 2019: $423,055Expenses 2019: $368,700Net Income 2019: $54,3552019Revenue 2020: $225,684Expenses 2020: $289,045Net Income 2020: -$63,3612020Revenue 2021: $488,321Expenses 2021: $435,537Net Income 2021: $52,7842021Revenue 2022: $1,312,549Expenses 2022: $1,073,774Net Income 2022: $238,7752022Revenue 2023: $539,129Expenses 2023: $442,376Net Income 2023: $96,7532023Revenue 2024: $942,597Expenses 2024: $817,178Net Income 2024: $125,4192024

Highlighted filing

2019

Revenue$423,055
Expenses$368,700
Net Income$54,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 29, 2020
Return Version
2019v5.1
Gross Receipts
$423,055
Mission and Program Overview

Mission

Support otero county fair and rodeo

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$73,191$90,089▲ $16,898
Land, Buildings, and Equipment, Net$86,555$86,555→ $0
Savings and Temporary Cash Investments$30,362$66,649▲ $36,287
Total Assets$190,108$243,293▲ $53,185
Liabilities
Accounts Payable and Accrued Expenses$2,030$860▼ $1,170
Total Liabilities$2,030$860▼ $1,170
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$188,078$242,433▲ $54,355
Total Net Assets Fund Balance$188,078$242,433▲ $54,355
Total Liabilities and Net Assets / Fund Balance$190,108$243,293▲ $53,185

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,395$28,320-
Other Land Buildings$42,546--
Land$5,940--
Equipment$26,389$19,301-
Leasehold Improvements$7,285$25,103-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Caitlin ChadbornManagerFT$14,614$14,614

Board Members and Trustees

NameTitle
Bill MershonChairman
Dean HackettVice Chairman
Andrew CarrellDirector
Audrey LuceroDirector
Don LeeDirector
Dusty WoldDirector
Eddie VigilDirector
Gerald GreenDirector
Kelly KnightDirector
Matt NixDirector
Sheila CocaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$418,109
Investment Income
$307
Other Revenue
$4,639
Change in Net Assets
$54,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$338,884
Salaries, Compensation, and Employee Benefits$29,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$21,235$26,229-$47,464
Occupancy$1,475$37,564-$39,039
Current Officers, Directors, Trustees, and Key Employees-$14,614-$14,614
Office Expenses-$13,853-$13,853
Advertising$1,328$12,383-$13,711
Other Salaries and Wages-$13,068-$13,068
Other Expenses$7,900$9,750-$7,900
Travel$1,863$3,864-$5,727
Insurance-$5,664-$5,664
Fees for Services Accounting-$2,687-$2,687
Payroll Taxes-$2,134-$2,134
Total Functional Expenses$190,467$178,233$0$368,700
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
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Any resident of otero county whose ideals are consistent with the principles of the association shall be eligible for election to the association, regardless of race, sex, age, creed, political persuasion or geographic location of their residence within the county. The members of the association shall be eleven voting members of the fair board,consisting of ten elected members, and one appointed by the alamogordo chamber of commerce to represent the frontier village committee, and the program director of the otero county extension service of new mexico state university.

Form 990, Part VI, Section A, Line 7A

The members of the fair board shall be elected annually at its annual meeting to serve a term of four (4) years, beginning january 1 and ending december 31. Ballots for the election of the fair board members shall be mailed to those organizations and individuals who sponsor and/or support the otero county fair, as listed in the current fair book, as well as those supporting junior livestock sales and supplemental accounts, if any. Each organization and individual shall be entitiled to cast only one vote for each of the vacant positions.

Form 990, Part VI, Section A, Line 7B

Decisions subject to approval of members: decisions are made by the board, in board meetings or special sessions and by majority vote ruling as per the by laws.

Form 990, Part VI, Section A, Line 8B

Committee meetings are both tape recorded and have minutes taken.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990: all tax returns are presented to the board at the may meeting. It is reviewed by the members and financials are reviewed as well. The accountant is present to answer any questions that may arise.

Form 990, Part VI, Section B, Line 12C

If there is a conflict of interest it must be presented to the board at a monthly meeting and any member with a conflict of interest must resign.

Form 990, Part VI, Section C, Line 19

All minutes of meetings and financials are open to public inspection if written notification is given to the board.

Filing and Contact Details

Filer

Filer Name
Otero County Fair Association Inc
EIN
85-6011829
Phone
5754340788
Address
401 FAIRGROUNDS ROAD, ALAMOGORDO, NM 88310

Signing Officer

Name
Bill Mershon
Title
Chairman
Phone
5754340788
Signed
2020-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Mershon
Formed
1952
Legal Domicile
Nm
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
50

Preparer

Firm
Carr Riggs & Ingram LLC
Address
115 SOUTH FLORIDA AVE SUITE E, ALAMOGORDO, NM 88310
Preparer
Gwen S Sanders
Phone
5754375573
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Burning of the bull: program service expenses 0. Management and general expenses 6,460. Fundraising expenses 0. Total expenses 6,460. Cleaning supplies: program service expenses 0. Management and general expenses 5,210. Fundraising expenses 0. Total expenses 5,210. Awards: program service expenses 3,297. Management and general expenses 1,884. Fundraising expenses 0. Total expenses 5,181. Animal purchases: program service expenses 4,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,100. Judging fee: program service expenses 2,555. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,555. Postage: program service expenses 0. Management and general expenses 2,222. Fundraising expenses 0. Total expenses 2,222. Dues: program service expenses 450. Management and general expenses 1,360. Fundraising expenses 0. Total expenses 1,810. Ranch rodeo winnings: program service expenses 1,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,800. Rodeo clown: program service expenses 1,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,700. Photography: program service expenses 1,620. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,620. Calendars: program service expenses 0. Management and general expenses 1,532. Fundraising expenses 0. Total expenses 1,532. Website: program service expenses 720. Management and general expenses 788. Fundraising expenses 0. Total expenses 1,508. Rodeo announcer: program service expenses 1,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,500. Training: program service expenses 0. Management and general expenses 1,396. Fundraising expenses 0. Total expenses 1,396. Plaques & trophies: program service expenses 713. Management and general expenses 462. Fundraising expenses 0. Total expenses 1,175. Meals: program service expenses 329. Management and general expenses 825. Fundraising expenses 0. Total expenses 1,154. Catering: program service expenses 1,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,000. Weed control: program service expenses 0. Management and general expenses 960. Fundraising expenses 0. Total expenses 960. Animal tags: program service expenses 823. Management and general expenses 0. Fundraising expenses 0. Total expenses 823. Fire supression: program service expenses 0. Management and general expenses 704. Fundraising expenses 0. Total expenses 704. Refunds: program service expenses 0. Management and general expenses 575. Fundraising expenses 0. Total expenses 575. Sanitation: program service expenses 0. Management and general expenses 540. Fundraising expenses 0. Total expenses 540. Credit card fees: program service expenses 0. Management and general expenses 510. Fundraising expenses 0. Total expenses 510. Auctioneer: program service expenses 400. Management and general expenses 0. Fundraising expenses 0. Total expenses 400. Bank fees: program service expenses 11. Management and general expenses 344. Fundraising expenses 0. Total expenses 355. Pest management: program service expenses 0. Management and general expenses 346. Fundraising expenses 0. Total expenses 346. Tickets: program service expenses 162. Management and general expenses 0. Fundraising expenses 0. Total expenses 162. Taxes & licenses: program service expenses 21. Management and general expenses 111. Fundraising expenses 0. Total expenses 132. Jr livestock forms: program service expenses 34. Management and general expenses 0. Fundraising expenses 0. Total expenses 34.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29750
IRS990/OtherExpensesGrp/ProgramServicesAmt0154746
IRS990/OtherExpensesGrp/ProgramServicesAmt11920
IRS990/OtherExpensesGrp/ProgramServicesAmt27900
IRS990/OtherExpensesGrp/TotalAmt0183064
IRS990/OtherExpensesGrp/TotalAmt110025
IRS990/OtherExpensesGrp/TotalAmt29750
IRS990/OtherExpensesGrp/TotalAmt37900
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0FAIR QUEEN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04639
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04639
IRS990/OtherRevenueTotalAmt04639
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013068
IRS990/OtherSalariesAndWagesGrp/TotalAmt013068
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02134
IRS990/PayrollTaxesGrp/TotalAmt02134
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BILL MERSHON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2711300
IRS990/ProgramServiceRevenueGrp/Desc0FAIR RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1LIVESTOCK FEES
IRS990/ProgramServiceRevenueGrp/Desc2RODEO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0223050
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1178165
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216894
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0223050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1178165
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216894
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0209
IRS990/PYOtherExpensesAmt0334787
IRS990/PYOtherRevenueAmt012277
IRS990/PYProgramServiceRevenueAmt0340899
IRS990/PYRevenuesLessExpensesAmt0-13533
IRS990/PYSalariesCompEmpBnftPaidAmt032131
IRS990/PYTotalExpensesAmt0366918
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0353385
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt054355
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0422748
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030362
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066649
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt024846
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0209
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0292
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0418109
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0340899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0357141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0343200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0223095
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01682444
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0209
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01017
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04639
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012277
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt019068
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt09399
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt056057
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0101440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94340
IRS990ScheduleA/PublicSupportPY509Pct00.93040
IRS990ScheduleA/PublicSupportTotal509Amt01707290
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0418109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0340899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0357141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0343200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0247941
IRS990ScheduleA/Total509Grp/TotalAmt01707290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0423055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0353385
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0376335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0352682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0304290
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01809747
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt028320
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt032715
IRS990ScheduleD/EquipmentGrp/BookValueAmt026389
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019301
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt045690
IRS990ScheduleD/LandGrp/BookValueAmt05940
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt05940
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07285
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025103
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt032388
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042546
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt042546
IRS990ScheduleD/TotalBookValueLandBuildingsAmt086555
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANY RESIDENT OF OTERO COUNTY WHOSE IDEALS ARE CONSISTENT WITH THE PRINCIPLES OF THE ASSOCIATION SHALL BE ELIGIBLE FOR ELECTION TO THE ASSOCIATION, REGARDLESS OF RACE, SEX, AGE, CREED, POLITICAL PERSUASION OR GEOGRAPHIC LOCATION OF THEIR RESIDENCE WITHIN THE COUNTY. THE MEMBERS OF THE ASSOCIATION SHALL BE ELEVEN VOTING MEMBERS OF THE FAIR BOARD,CONSISTING OF TEN ELECTED MEMBERS, AND ONE APPOINTED BY THE ALAMOGORDO CHAMBER OF COMMERCE TO REPRESENT THE FRONTIER VILLAGE COMMITTEE, AND THE PROGRAM DIRECTOR OF THE OTERO COUNTY EXTENSION SERVICE OF NEW MEXICO STATE UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE FAIR BOARD SHALL BE ELECTED ANNUALLY AT ITS ANNUAL MEETING TO SERVE A TERM OF FOUR (4) YEARS, BEGINNING JANUARY 1 AND ENDING DECEMBER 31. BALLOTS FOR THE ELECTION OF THE FAIR BOARD MEMBERS SHALL BE MAILED TO THOSE ORGANIZATIONS AND INDIVIDUALS WHO SPONSOR AND/OR SUPPORT THE OTERO COUNTY FAIR, AS LISTED IN THE CURRENT FAIR BOOK, AS WELL AS THOSE SUPPORTING JUNIOR LIVESTOCK SALES AND SUPPLEMENTAL ACCOUNTS, IF ANY. EACH ORGANIZATION AND INDIVIDUAL SHALL BE ENTITILED TO CAST ONLY ONE VOTE FOR EACH OF THE VACANT POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS SUBJECT TO APPROVAL OF MEMBERS: DECISIONS ARE MADE BY THE BOARD, IN BOARD MEETINGS OR SPECIAL SESSIONS AND BY MAJORITY VOTE RULING AS PER THE BY LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMMITTEE MEETINGS ARE BOTH TAPE RECORDED AND HAVE MINUTES TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION'S PROCESS TO REVIEW FORM 990: ALL TAX RETURNS ARE PRESENTED TO THE BOARD AT THE MAY MEETING. IT IS REVIEWED BY THE MEMBERS AND FINANCIALS ARE REVIEWED AS WELL. THE ACCOUNTANT IS PRESENT TO ANSWER ANY QUESTIONS THAT MAY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IF THERE IS A CONFLICT OF INTEREST IT MUST BE PRESENTED TO THE BOARD AT A MONTHLY MEETING AND ANY MEMBER WITH A CONFLICT OF INTEREST MUST RESIGN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL MINUTES OF MEETINGS AND FINANCIALS ARE OPEN TO PUBLIC INSPECTION IF WRITTEN NOTIFICATION IS GIVEN TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BURNING OF THE BULL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,460. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,460. CLEANING SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,210. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,210. AWARDS: PROGRAM SERVICE EXPENSES 3,297. MANAGEMENT AND GENERAL EXPENSES 1,884. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,181. ANIMAL PURCHASES: PROGRAM SERVICE EXPENSES 4,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,100. JUDGING FEE: PROGRAM SERVICE EXPENSES 2,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,555. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,222. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,222. DUES: PROGRAM SERVICE EXPENSES 450. MANAGEMENT AND GENERAL EXPENSES 1,360. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,810. RANCH RODEO WINNINGS: PROGRAM SERVICE EXPENSES 1,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,800. RODEO CLOWN: PROGRAM SERVICE EXPENSES 1,700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,700. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 1,620. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,620. CALENDARS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,532. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,532. WEBSITE: PROGRAM SERVICE EXPENSES 720. MANAGEMENT AND GENERAL EXPENSES 788. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,508. RODEO ANNOUNCER: PROGRAM SERVICE EXPENSES 1,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,500. TRAINING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,396. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,396. PLAQUES & TROPHIES: PROGRAM SERVICE EXPENSES 713. MANAGEMENT AND GENERAL EXPENSES 462. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,175. MEALS: PROGRAM SERVICE EXPENSES 329. MANAGEMENT AND GENERAL EXPENSES 825. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,154. CATERING: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. WEED CONTROL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 960. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 960. ANIMAL TAGS: PROGRAM SERVICE EXPENSES 823. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 823. FIRE SUPRESSION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 704. REFUNDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 575. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 575. SANITATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 540. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 540. CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 510. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 510. AUCTIONEER: PROGRAM SERVICE EXPENSES 400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. BANK FEES: PROGRAM SERVICE EXPENSES 11. MANAGEMENT AND GENERAL EXPENSES 344. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 355. PEST MANAGEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 346. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 346. TICKETS: PROGRAM SERVICE EXPENSES 162. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 162. TAXES & LICENSES: PROGRAM SERVICE EXPENSES 21. MANAGEMENT AND GENERAL EXPENSES 111. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132. JR LIVESTOCK FORMS: PROGRAM SERVICE EXPENSES 34. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0190108
IRS990/TotalAssetsEOYAmt0243293
IRS990/TotalAssetsGrp/BOYAmt0190108
IRS990/TotalAssetsGrp/EOYAmt0243293
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0178233
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0190467
IRS990/TotalFunctionalExpensesGrp/TotalAmt0368700
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02030
IRS990/TotalLiabilitiesEOYAmt0860
IRS990/TotalLiabilitiesGrp/BOYAmt02030
IRS990/TotalLiabilitiesGrp/EOYAmt0860
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188078
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0242433
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0190467
IRS990/TotalProgramServiceRevenueAmt0418109
IRS990/TotalReportableCompFromOrgAmt014614
IRS990/TotalRevenueGrp/ExclusionAmt0307
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0422748
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0423055
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.00$0.45$0.94$0.82$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.54$0.44$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.31$1.07$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.23$0.49$0.44$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.23$0.29$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.42$0.37$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.35$0.37$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$0.36$0.35$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.34$0.35$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.30$0.30$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.27$0.27$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.26
2011Summary only. Only limited summary data is available for this year.$0.16$0.00$0.16$0.28$0.27$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.25