South Central Fair Association Incorporated
- Assets
- $320.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chase City, VA
- Founding
- 01/1952
- Data as of
- 12/2021
- EIN
- 54-0299803
Organization Overview
South Central Fair Association Incorporated is located in Chase City, VA. The organization was established in 1952. 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. South Central Fair Association Incorporated 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, South Central Fair Association Incorporated generated $194.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $103.1k during the year ending 12/2021. While expenses have increased by 4.0% 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
AGRICULTURAL FAIR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Mccluster Secretary/manager | 0 | $4,470 | |
William G Averette Treasurer | 0 | $600 | |
Dean Mccluster Vice President | 0 | $0 | |
Cw Carter President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $189,041 |
| Total Revenue | $194,041 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,181 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $60,384 |
| Printing, publications, postage, and shipping | $933 |
| Other expenses | $31,918 |
| Total expenses | $103,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167,307 |
| Other assets | $0 |
| Total assets | $320,387 |
| Total liabilities | $0 |
| Net assets or fund balances | $320,387 |
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