Bi County Livestock Show
- Assets
- $123.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dalhart, TX
- Founding
- Data as of
- 12/2022
- EIN
- 83-3420281
Organization Overview
Bi County Livestock Show is located in Dalhart, TX. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bi County Livestock Show 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, Bi County Livestock Show generated $59.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.6%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
ENTITY HOSTS AN ANNUAL JUNIOR LIVESTOCK SHOW KNOWN AS THE BI-COUNTY LIVESTOCK SHOW IN DALHART, TEXAS. THE LIVESTOCK SHOW FEATURES VARIOUS LIVESTOCK BREEDS SHOWN BY STUDENTS FROM DALLAM & HARTLEY COUNTIES, TEXAS. THIS EVENT IS OPEN TO ALL CORPORATE SPONSORS AND INDIVIDUALS. THE CHARITY WILL FUND THE FUNDRAISER THROUGH CORPORATE SPONSORSHIPS AND INDIVIDUAL SPONSORSHIPS. THE LIVESTOCK SHOW ALSO INCLUDES A LIVESTOCK SALE. THE SALE ALLOWS EACH PARTICIPANT TO SELL ONE ANIMAL PER YEAR. THE PROCEEDS FROM THE SALE ARE COLLECTED AND DISPERSED ACCORDING TO THEIR HIGH BID, OF WHICH THE CHARITY RETAINS A 2% SELLER'S PREMIUM TO COVER THE OPERATING EXPENSES OF THE SALE. ALL REMAINING SPONSORSHIP MONEY NOT NEEDED TO FUND THE EVENT, ALONG WITH MONEY RAISED AT THE SALE, GO TOWARDS THE CHARITY'S SCHOLARSHIP PROGRAM, WHICH WILL AWARD SCHOLARSHIPS TO AT LEAST 4 APPLICANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Waldrip President | 1 | $0 | |
Kevin Burns Vice President | 1 | $0 | |
Shelby Campbell Secretary | 1 | $0 | |
Brandon Beavers Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,619 |
| Total Program Service Revenue | $24,922 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,541 |
| 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 | $4,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,126 |
| Total expenses | $21,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,039 |
| Other assets | $0 |
| Total assets | $123,039 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,039 |