Fairmont Foundation
- Assets
- $24.4k
- Revenue
- $6.8k
- Investments
- $24.4k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/1990
- Data as of
- 12/2021
- EIN
- 63-1011929
Organization Overview
Fairmont Foundation is located in Birmingham, AL. The organization was established in 1990. 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. Fairmont Foundation 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, Fairmont Foundation generated $6.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $2.3k during the year ending 12/2021. 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 |
|---|---|---|---|
Bruce L Gordon President | 0 | $0 | |
Chris Still Director | 0 | $0 | |
Nicole G Still Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $0 |
| Dividends & Interest | $3 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,664 |
| Capital Gain Net Income | $6,664 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,767 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $750 |
| Contributions, gifts, grants paid | $1,500 |
| Total expenses and disbursements | $2,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,422 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fairmont Foundation has awarded $1,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JESSIE'S PLACE PURPOSE: PROVIDE FOOD AND RESOURCES TO THOSE IN NEED | $500 |
GOOD WORKS CHARITABLE FOUNDATION PURPOSE: PROVIDE FOOD AND RESOURCES TO THOSE IN NEED | $500 |
TWO BY TWO ANIMAL RESCUE PURPOSE: ANIMAL RESCUE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami-Dade County Fair & Exposition Inc Miami, FL | $15,666,768 | $1,720,352 |
Southwest Florida And Lee County Fair Assoc Inc North Fort Myers, FL | $1,940,005 | $4,555,563 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
Central Florida Fair Inc Orlando, FL | $10,116,384 | $5,172,204 |
Ye Mystic Krewe Of Gasparilla Tampa, FL | $6,049,396 | $2,796,531 |
Clay County Fair Association Inc Green Cove Springs, FL | $6,279,588 | $2,806,382 |
Pensacola Interstate Fair Inc Pensacola, FL | $4,285,068 | $3,576,986 |
Volusia County Fair Association Inc Deland, FL | $2,465,184 | $2,866,756 |
Sunbelt Agricultural Exposition Inc Moultrie, GA | $986,541 | $2,489,467 |
National Peanut Festival Assn Inc Dothan, AL | $12,226,185 | $2,754,478 |
Mississippi Gulf Coast Billfish Classic Inc Biloxi, MS | $441,854 | $1,839,419 |
Neshoba County Fair Association Inc Philadelphia, MS | $894,951 | $1,686,579 |