Berkeley County Youth Fair Inc
- Assets
- $1.6m
- Revenue
- $470.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Martinsburg, WV
- Founding
- 10/1976
- Data as of
- 12/2023
- EIN
- 23-7179678
Organization Overview
Berkeley County Youth Fair Inc is located in Martinsburg, WV. The organization was established in 1976. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkeley County Youth Fair Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Berkeley County Youth Fair Inc generated $470.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $362.5k during the year ending 12/2023. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN YOUNG PEOPLE'S CAPACITIES THROUGH EDUCATION, TRAINING, SHOWMANSHIP AND COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BERKELEY COUNTY YOUTH FAIR HELD ANNUALLY IN AUGUST TO BENEFIT 4-H, FFA, GIRL SCOUTS, BOY SCOUTS, FCCLA AND THE BOYS & GIRLS CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Mcdonald President | Officer | 4 | $0 |
Charlie Moore 1st Vice President | Officer | 2 | $0 |
Vickie Knight 2nd Vice President | Officer | 2 | $0 |
Jr Barrett 3rd Vice President | Officer | 2 | $0 |
Samantha Verdi Recording Secretary | Officer | 2 | $0 |
Beth Pancione Corresponding Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,990 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,866 |
| Total Program Service Revenue | $367,950 |
| Investment income | $11,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,462 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,267 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $470,281 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $520 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25,680 |
| Office expenses | $11,240 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,637 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,978 |
| Insurance | $14,347 |
| All other expenses | $9,803 |
| Total functional expenses | $362,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,079 |
| Savings and temporary cash investments | $608,223 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $923,849 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,606 |
| Total assets | $1,567,757 |
| Accounts payable and accrued expenses | $14,813 |
| Grants payable | $0 |
| Deferred revenue | $10,990 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,882 |
| Total liabilities | $27,685 |
| Net assets without donor restrictions | $1,409,679 |
| Net assets with donor restrictions | $130,393 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,567,757 |