Fallon Festival Association Inc is located in Fallon, NV. The organization was established in 2014. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fallon Festival Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Fallon Festival Association Inc generated $136.5k 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 $123.0k during the year ending 12/2021. While expenses have increased by 6.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE COMMUNITY EVENT TO THE PUBLIC.PROMOTE THE COMMUNITY OF FALLON AND CHURCHILL COUNTY BY ORGANIZING COMMUNITY EVENTS FOR THE GENERAL PUBLIC THROUGHOUT CHURCHILL COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lorrie Ford Treasurer | 5 | $0 | |
Kim Klenakis Secratary | 3 | $0 | |
Angela Guthrie Treasurer 2 | 5 | $0 | |
James Uphman President | 5 | $0 | |
Sue Frey Vice President | 5 | $0 | |
Todd Moretto Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $46,750 |
Total Program Service Revenue | $89,739 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $136,489 |
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 | $700 |
Occupancy, rent, utilities, and maintenance | $26,718 |
Printing, publications, postage, and shipping | $11,873 |
Other expenses | $83,700 |
Total expenses | $122,991 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $104,072 |
Other assets | $0 |
Total assets | $134,056 |
Total liabilities | $0 |
Net assets or fund balances | $134,056 |
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