Crosby Fair And Rodeo Inc is located in Crosby, TX. The organization was established in 1953. 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. Crosby Fair And Rodeo 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, Crosby Fair And Rodeo Inc generated $140.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $124.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE ORGANIZATIONIS TO EDUCATE AREA YOUTH REGARDING THE RASING AND CARE OF FARM LIVESTOCK AND PROVIDE AN OPPORTUNITY FOR BOYS AND GIRLS TO LEARN RESPONSIBILITY BY FEEDING AND GROOMING ANIMALS OVER AN EXTENDED PERIOD OF TIME. PARTICIPANTS SHOW THIER ANIMALS AND FOWL AT THE ANNUAL CROSBY FAIR AND RODEO AND JUDGES EVALUATE THE LIVESTOCK. PARTICIPANTS ARE RECOGNIZED FOR THIER ACCOMPLISHMENTS. WHEN JUDGING IS COMPLETED THE PARTICIPANTS SELL THEIR ANIMALS AT THE CROSBY FAIR AUCTION. THE PROCEEDS REIMBURSE THE EXPENSE OF RAISING THE ANIMALS AND PROVIDE FUNDS FOR COLLEGE EDUCATION. COLLEGE SCHOLARSHIPS OF 15,000 WERE AWARED TO 16 CROSBY HIGH SCHOOL GRADUATES WHO HAVE SHOWN LIVESTOCK TWO OUT OF THE FOUR YEARS ATTENDING CROSBY HIGH SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS WERE AWARDED TO CROSBY HIGH SCHOOL GRADUATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronny Ehrlich President | OfficerTrustee | $0 | |
Justin George 1st VP | OfficerTrustee | $0 | |
Shawn Hays General Mana | OfficerTrustee | $0 | |
Rick Larkin Chairman | OfficerTrustee | $0 | |
Rick Loggins Treasurer | OfficerTrustee | $0 | |
Billy Nash 2nd VP | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $15,570 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,570 |
Total Program Service Revenue | $52,456 |
Investment income | $142 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $72,748 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $140,916 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $15,000 |
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 | $2,100 |
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 | $0 |
Office expenses | $9,012 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,136 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $15,771 |
Insurance | $20,491 |
All other expenses | $606 |
Total functional expenses | $124,312 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $138,217 |
Savings and temporary cash investments | $82,821 |
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 | $302,664 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $523,702 |
Accounts payable and accrued expenses | $18,909 |
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 | $53,893 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $72,802 |
Net assets without donor restrictions | $0 |
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 | $450,900 |
Total liabilities and net assets/fund balances | $523,702 |
Over the last fiscal year, we have identified 1 grants that Crosby Fair And Rodeo Inc has recieved totaling $6,250.
Awarding Organization | Amount |
---|---|
$6,250 |
Organization Name | Assets | Revenue |
---|---|---|
Houston Livestock Show & Rodeo Inc Houston, TX | $373,631,947 | $77,585,862 |
State Fair Of Texas Dallas, TX | $104,850,223 | $80,726,809 |
San Antonio Livestock Exposition Inc San Antonio, TX | $39,007,333 | $12,434,499 |
Houston Livestock Show And Rodeo Educational Fund Houston, TX | $117,451,664 | $14,021,217 |
Earth Day Texas Inc Dallas, TX | $1,234,061 | $10,432,701 |
Bell County Expo Inc Belton, TX | $3,987,483 | $11,578,565 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Gentilly Carnival Club Jefferson, LA | $3,366,886 | $4,740,044 |
Expo Center Of Taylor County Abilene, TX | $1,469,726 | $5,612,899 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Fairfield Village Community Inc Houston, TX | $4,878,144 | $5,460,075 |
International Association Of Venue Managers Inc Coppell, TX | $4,566,324 | $3,596,917 |