Friends Of The Merced County Fair Inc
- Assets
- $282.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merced, CA
- Founding
- 03/2008
- Data as of
- 12/2023
- 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 12/2023, Friends Of The Merced County Fair Inc generated $122.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $93.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Schiber Director | 0 | $0 | |
Steve Moitozo Director | 0 | $0 | |
Eric Bianchi President | 0 | $0 | |
Walt Koehn Director | 0 | $0 | |
Lucia Farao Secretary | 0 | $0 | |
Amanda Neal Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,390 |
| Total Program Service Revenue | $25,304 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,696 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,010 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $248 |
| Other expenses | $87,732 |
| Total expenses | $93,490 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,269 |
| Other assets | $0 |
| Total assets | $282,943 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,943 |