Lincoln County Youth Livestock Sale is located in North Platte, NE. The organization was established in 2020. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln County Youth Livestock Sale 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 06/2022, Lincoln County Youth Livestock Sale generated $181.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $180.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 3 years. 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
TO EDUCATE 4 H CHILDREN ABOUT LIVESTOCK AND TO ENCOURAGE ENTHUSIASM TOWARD LIVESTOCK
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVESTOCK SALES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gaylene Mccall Co Treasurer | OfficerTrustee | 4 | $1,500 |
Name Not Listed President | OfficerTrustee | 2 | $0 |
Marlena Sheets Secretary | OfficerTrustee | 1 | $0 |
Joe Fleecs Vice President | OfficerTrustee | 1 | $0 |
Jessica Wlson Co Treasurer | OfficerTrustee | 2 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $181,775 |
Investment income | $28 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $181,803 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $1,500 |
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 | $605 |
Office expenses | $1,020 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $119 |
Total functional expenses | $180,353 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,916 |
Savings and temporary cash investments | $2,062 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,978 |
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 | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $4,978 |
Total liabilities and net assets/fund balances | $4,978 |
Organization Name | Assets | Revenue |
---|---|---|
Kansas 4-H Foundation Inc Manhattan, KS | $27,207,797 | $6,722,964 |
Agriculture Future Of America Inc Kansas City, MO | $7,045,958 | $4,172,878 |
Nebraska Future Farmers Of America Foundation Lincoln, NE | $3,382,051 | $1,786,063 |
Teton County 4-H Council Jackson, WY | $5,120,856 | $1,212,506 |
Iowa Ffa Foundation Ankeny, IA | $12,403,855 | $1,572,741 |
Nebraska 4-H Foundation Lincoln, NE | $2,843,433 | $1,171,806 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Future Farmers Of America Jefferson City, MO | $1,360,081 | $872,920 |
Colorado Future Farmers Of America Foundation Greeley, CO | $4,053,827 | $1,643,378 |
Missouri 4-H Foundation Columbia, MO | $9,386,540 | $1,726,293 |
Rice County Community Foundation Lyons, KS | $14,705,146 | $1,600,447 |
Nebraska Vocational Agricultural Foundation Aurora, NE | $2,021,514 | $645,964 |