Powhatan Fair Association
- Assets
- $158.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Powhatan, VA
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 31-1423979
Organization Overview
Powhatan Fair Association is located in Powhatan, VA. The organization was established in 1998. 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. Powhatan Fair Association 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 12/2022, Powhatan Fair Association generated $45.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yuranda H Jackson Treasurer | 3 | $0 | |
Abel Harris President | 5 | $0 | |
Stephen Glazebrook Vice President | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,892 |
| Total Program Service Revenue | $26,025 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,918 |
| 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 | $625 |
| Occupancy, rent, utilities, and maintenance | $10,533 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,956 |
| Total expenses | $52,114 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,410 |
| Other assets | $0 |
| Total assets | $158,410 |
| Total liabilities | $26,248 |
| Net assets or fund balances | $132,162 |
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