Friends Of The Merced County Fair Inc
- Assets
- $180.6k
- Revenue
- $73.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Merced, CA
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-0742048
Organization Overview
Friends Of The Merced County Fair Inc is located in Merced, CA. The organization was established in 2008. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Friends Of The Merced County 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 12/2021, Friends Of The Merced County Fair Inc generated $73.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $42.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NOT-FOR-PROFIT GROUP DEDICATED TO MAKING THE MERCED COUNTY FAIRGROUNDS A BETTER PLACE TO WORK AND PLAY. THEY RAISE FUNDS TO MAKE IMPROVEMENTS TO THE COUNTY FAIRGROUNDS, WHICH IS OWNED BY THE STATE OF CA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLICITATION OF DUES AND CONTRIBUTIONS FOR IMPROVEMENTS TO MERCED COUNTY'S STATE OF CALIFORNIA'S FAIRGROUNDS. OUTREACH TO THE PUBLIC TO EDUCATE THEM OF THE NEED FOR IMPROVEMENTS TO THE FAIRGROUNDS TO PRESERVE THE AGRICULTURAL ACTIVITIES AND TRADITIONS OF MERCED COUNTY AND TO SOLICIT CONTRIBUTIONS TOWARDS THIS EFFORT. HOSTING A BOOTH AT THE MERCED COUNTY FAIR TO EDUCATE THE PUBLIC ABOUT THE ORGANIZATION AND THE GOALS AND PROGRESS OF THE ORGANIZATION. LOCAL BUSINESS ENTITIES SPONSOR AND PROVIDE REFRESHMENTS FOR HELP IN THE SOLICIATION OF CONTRIBUTIONS AND MEMBERSHIPS IN OUR ORGANIZATION.
THE BOARD OF DIRECTORS OVER SEE THE EXPENDITURES OF FUNDS FOR THE IMPROVEMENTS TO THE FAIR GROUNDS. THIS YEARS IMPROVEMENT TOTALED 22,595 AND INCLUDED: -LIVESTOCK WASH RACK BUILDING IMPROVEMENTS -COMMERCIAL FREEZER FOR RENTAL PROPERTIES -FLOORING FOR ADMINISTRATIVE OFFICES THE BOARD OF DIRECTOR ALLOCATED FUND TO LOCAL AGRICULTURAL GROUPS THAT UTILIZE THE FAIRGROUND PROPERTY AND VOLUNTEER SERVICES TO THE FAIR GROUNDS. THIS YEAR 800 WAS ALLOCATED TO FOUR DIFFERENCT LOCAL GROUPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walt Koehn Secretary | Officer | 2 | $0 |
Eric Bianchi Vice Preside | Officer | 2 | $0 |
Marsha Seivert Treasuer | Officer | 3 | $0 |
Steve Moitozo President | Officer | 3 | $0 |
Lloyd Pareira Director | Trustee | 1 | $0 |
Julie Horal Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,000 |
| Membership dues | $50,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,390 |
| Total Program Service Revenue | $12,240 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,395 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,380 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,608 |
| Office expenses | $311 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $229 |
| 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 | $0 |
| Insurance | $1,250 |
| All other expenses | $0 |
| Total functional expenses | $42,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,258 |
| Savings and temporary cash investments | $32,328 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $180,586 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $148,258 |
| Net assets with donor restrictions | $32,328 |
| 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 | $180,586 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Merced County Fair Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Merced County Merced, CA PURPOSE: COMMUNITY ASSISTANCE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Hills Memorial Park Endowment Care Trust Fund Rancho Palos Verdes, CA | $83,462,233 | $9,095,852 |
Reno-Tahoe Open Foundation Reno, NV | $100,630 | $4,549,050 |
Valley Of The Sun Bowl Foundation Scottsdale, AZ | $1,083,776 | $4,579,117 |
Outward Bound California San Francisco, CA | $5,260,897 | $5,231,373 |
Los Angeles Parks Foundation Los Angeles, CA | $6,042,813 | $2,779,556 |
The Scga Foundation Studio City, CA | $5,068,543 | $2,522,992 |
Truckee Meadows Parks Foundation Reno, NV | $433,381 | $1,831,292 |
Youth Tennis San Diego San Diego, CA | $3,088,296 | $1,446,054 |
Elings Park Foundation Santa Barbara, CA | $8,528,099 | $3,756,645 |
Vegas Jr Golden Knights Foundation Inc Las Vegas, NV | $277,565 | $1,461,319 |
Kukuiolono Park Trust Estate Honolulu, HI | $5,322,093 | $1,327,983 |
Death Valley Conservancy Pasadena, CA | $30,770,823 | $2,218,729 |