Johnson County Livestock & Agricultural Assoc is located in Cleburne, TX. The organization was established in 1981. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Johnson County Livestock & Agricultural Assoc 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, Johnson County Livestock & Agricultural Assoc generated $739.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $699.0k during the year ending 12/2021. While expenses have increased by 1.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH LIVESTOCK SHOW & FAIR - ANNUAL EVENT TEACHES RESPONSIBILITY AND PRIDE OF OWNERSHIP TO AREA YOUTH WHO PARTICIPATE IN THE LIVESTOCK SHOW. THE PARTICIPANTS ARE REWARDED BY SELLING THEIR ANIMALS/PROJECTS TO LOCAL BUSINESSES AND INDIVIDUALS AT AN AUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL JUNIOR LIVESTOCK SHOW AND YOUTH FAIR. SEVERAL HUNDRED YOUTH SHOW AND SELL LIVESTOCK AND RECEIVE AWARDS BASED ON THE JUDGING OF THEIR ENTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryan Mckenzie Treasurer | OfficerTrustee | 0.5 | $0 |
Mark Mcclure President | OfficerTrustee | 0.5 | $0 |
Clint Calvert Vice President | OfficerTrustee | 0.5 | $0 |
Toby Cox Secretary | OfficerTrustee | 0.5 | $0 |
Brad Galbreath Director | Trustee | 0.5 | $0 |
Grady Black Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $627,307 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $627,307 |
Total Program Service Revenue | $46,950 |
Investment income | $37,306 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $28,201 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $739,764 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $591,910 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,425 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $209 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $11,620 |
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 | $7,395 |
Insurance | $6,406 |
All other expenses | $12,299 |
Total functional expenses | $699,016 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,544 |
Savings and temporary cash investments | $1,011,977 |
Pledges and grants receivable | $12,955 |
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 | $38,979 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1 |
Total assets | $1,108,456 |
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 | $146,111 |
Net assets with donor restrictions | $962,345 |
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 | $1,108,456 |
Over the last fiscal year, we have identified 1 grants that Johnson County Livestock & Agricultural Assoc has recieved totaling $5,850.
Awarding Organization | Amount |
---|---|
United Electric Cooperative Services Inc Burleson, TX | | $5,850 |
Organization Name | Assets | Revenue |
---|---|---|
Oklahoma State Fair Inc Oklahoma City, OK | $18,358,668 | $22,331,954 |
Texas Farm Bureau Waco, TX | $1,072,770,797 | $25,839,501 |
Arkansas Farm Bureau Federation Little Rock, AR | $66,846,371 | $16,311,552 |
Textile Exchange Lamesa, TX | $12,297,668 | $16,219,596 |
National Reined Cow Horse Association Pilot Point, TX | $5,326,422 | $10,193,097 |
Southern United States Trade Association Susta New Orleans, LA | $3,093,143 | $7,251,421 |
Louisiana Farm Bureau Federation Inc Baton Rouge, LA | $75,119,133 | $8,594,309 |
Mclennan County Fair Inc Waco, TX | $8,076,032 | $10,500,101 |
Agricultural Development Fund Fort Worth, TX | $1,257,000 | $6,712,594 |
Louisiana Quarter Horse Breeders Association Alexandria, LA | $10,986,998 | $7,601,612 |
National Finance Credit Corp Of Tx Fort Worth, TX | $196,184,500 | $9,101,860 |
Texas Quarter Horse Association Elgin, TX | $5,419,371 | $4,846,350 |