Cabarrus County Agricultural Fair Inc
- Assets
- $345.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NC
- Founding
- 11/1926
- Data as of
- 12/2021
- EIN
- 56-6063960
Organization Overview
Cabarrus County Agricultural Fair Inc is located in Concord, NC. The organization was established in 1926. 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. Cabarrus County Agricultural Fair Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Cabarrus County Agricultural Fair Inc generated $11.2k 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 (9.3%) each year. All expenses for the organization totaled $11.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) 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
THE ORGANIZATION AWARDS SCHOLARSHIPS TO RESIDENTS OF CABARRUS COUNTY PURSUING HIGHER EDUCATION IN AGRICULTURE-RELATED FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Carpenter President | 0.25 | $0 | |
Kim L Cook Treasurer | 0.5 | $0 | |
Martha Matthews Board Member | 0.25 | $0 | |
Janet Lentz Board Member | 0.25 | $0 | |
Matt Barrier Board Member | 0.25 | $0 | |
Tim Furr Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,423 |
| Gain or Loss | $4,742 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,165 |
| 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 | $1,570 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,959 |
| Total expenses | $11,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $345,736 |
| Other assets | $0 |
| Total assets | $345,736 |
| Total liabilities | $0 |
| Net assets or fund balances | $345,736 |
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