Colorado County Fair Assoc Inc is located in Columbus, TX. The organization was established in 1982. 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. Colorado County Fair Assoc 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 12/2022, Colorado County Fair Assoc Inc generated $986.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $951.2k during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT YOUTH OF COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES ARE ATTRIBUTABLE TO COUNTY FAIR HELD EVERY YEAR TO BENEFIT YOUTH AND MAINTAINING THE BUILDINGS AND GROUNDS. WORK BY FAIR MEMBERS IS VOLUNTARY. MONEY USED FOR DONATIONS & SCHOLARSHIPS TO YOUTH.
RENTAL INCOME OF FAIRGROUNDS IS TO PROVIDE ADDITIONAL FUNDS TO MAINTAIN THE BUILDINGS AND GROUNDS AND BENEFIT THE YOUTH TO PROVIDE SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kyle Thames Director | Trustee | 4 | $0 |
Darilyn Henderson Director | Trustee | 4 | $0 |
Jw Wright Director | Trustee | 4 | $0 |
Kimberly Burris Director | Trustee | 4 | $0 |
Pamela Potter Director | Trustee | 4 | $0 |
Kimberly Menke Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $12,854 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $147,390 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $160,244 |
Total Program Service Revenue | $782,376 |
Investment income | $352 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $43,943 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $986,915 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $31,198 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,219 |
Office expenses | $338 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,270 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,652 |
Insurance | $17,910 |
All other expenses | $48,039 |
Total functional expenses | $951,164 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,873 |
Savings and temporary cash investments | $54,665 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $139,493 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $267,031 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $267,031 |
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 | $267,031 |