Richmond County Fair Association Inc
- Assets
- $98.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warsaw, VA
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 54-1508259
Organization Overview
Richmond County Fair Association Inc is located in Warsaw, VA. The organization was established in 2000. 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. Richmond County Fair Association 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 12/2021, Richmond County Fair Association Inc generated $24.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $26.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 7 years. 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
TO PROMOTE AND CONDUCT THE ANNUAL COUNTY FAIR FOR THE PURPOSE OF EDUCATING THE PUBLIC AND ENCOURAGING IMPROVEMENT AND GROWTH OF AGRICULTURE AND INDUSTRY IN RICHMOND COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Edward Brown Cochairman/t | 8 | $0 | |
Richard Thomas Sr Co-Chairman | 6 | $0 | |
Michelle Newsome Director | 4 | $0 | |
Susan Crowley Director | 4 | $0 | |
Charlene Becker Director | 4 | $0 | |
Beulah Garner Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,470 |
| Total Program Service Revenue | $12,329 |
| Membership dues | $0 |
| Investment income | $347 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,667 |
| 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 | $470 |
| Occupancy, rent, utilities, and maintenance | $8,620 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,250 |
| Total expenses | $26,554 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,290 |
| Other assets | $0 |
| Total assets | $98,290 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,290 |
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