Trinity Valley Exposition
- Assets
- $2.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Liberty, TX
- Founding
- 12/1981
- Data as of
- 12/2023
- EIN
- 74-2138264
Organization Overview
Trinity Valley Exposition is located in Liberty, TX. The organization was established in 1981. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Valley Exposition 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 12/2023, Trinity Valley Exposition generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 6.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING SCHOLARSHIPS FOR THE YOUTH OF LIBERTY AND CHAMBERS COUNTIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVESTOCK AUCTION-FFA & 4H PROJECTS
SCHOLARSHIP AWARDS PROGRAM
MATERIALS AND EXPENSES AND REVENUES ASSOCIATED WITH ACTIVITIES REPORTED IN PART VIII
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stoney Burk VP - Livestock | OfficerTrustee | 5 | $0 |
Cory Anderson VP - Rodeo | OfficerTrustee | 5 | $0 |
Fred Lemond Board Chairman | OfficerTrustee | 10 | $0 |
Carson Hill VP - Grounds | OfficerTrustee | 5 | $0 |
Jennifer Parker VP - Fair Events | OfficerTrustee | 5 | $0 |
Dan Johnston Director - Special Events | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $373,375 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,513 |
| Total Program Service Revenue | $899,816 |
| Investment income | $412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $67,899 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $145,978 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,509,618 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $51,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,596 |
| Advertising and promotion | $122,378 |
| Office expenses | $5,790 |
| Information technology | $2,741 |
| Royalties | $0 |
| Occupancy | $50,598 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,498 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,183 |
| All other expenses | $0 |
| Total functional expenses | $1,216,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,749 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,823 |
| 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 | $2,214,974 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,911,546 |
| 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 | $98,358 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $926 |
| Total liabilities | $99,284 |
| Net assets without donor restrictions | $2,812,262 |
| Net assets with donor restrictions | $0 |
| 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 | $2,911,546 |