Hydro District Free Fair Inc
- Assets
- $312.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hydro, OK
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 90-0535424
Organization Overview
Hydro District Free Fair Inc is located in Hydro, OK. The organization was established in 2010. 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. Hydro District Free Fair 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, Hydro District Free Fair Inc generated $128.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $193.8k during the year ending 12/2022. 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
THE ORGANIZATION OPERATES THE HYDRO DISTRICT FREE FAIR. REVENUES COME FROM THE CAKE AUCTION, PUBLIC DONATIONS, AND SALES TAX ALLOCATED FROM CADDO COUNTY, OKLAHOMA.THE PORTION OF THE FAIR THAT IS OPERATED BY THIS ENTITY INCLUDES EXHIBIT AND LIVESTOCK AND COMMODITIES COMPETITIONS. THE ORGANIZATION PROVIDES PRIZES TO COMPETITION WINNERS, ARRANGES JUDGES FOR COMPETITION, AND PROVIDES ADVERTISING FOR THE FAIR. ALL LABOR IS ON A VOLUNTEER BASIS, SO THERE ARE NO WAGES.THE ORGANIZATION ACCUMULATES MONEY FROM THE OPERATION EACH YEAR TO BUILD NEW FAIR BUILDINGS, WHICH ARE THEN DONATED TO THE TOWN OF HYDRO. IT ALSO DONATES MONEY TO HYDRO AMUSEMENT COMPANY TO BUY NEW RIDES FOR THE FAIR. WE OBSERVE AND SEE THAT THE DISTRIBUTIONS ARE FOR THEIR INTENDED PURPOSE.THE ACTIVITY HAS BEEN OPERATED FOR 116 YEARS. THIS ACCOUNTS FOR 100% OF THE ORGANIZATION'S ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Lawles Treasurer | 0 | $0 | |
Charlie Wieland President | 0 | $0 | |
Susan Kimble Secretary | 0 | $0 | |
Seth Unruh Director | 0 | $0 | |
Chris Klaassen Director | 0 | $0 | |
Darren York Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,396 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,076 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,472 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $193,802 |
| Total expenses | $193,802 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,421 |
| Other assets | $0 |
| Total assets | $312,569 |
| Total liabilities | $177,275 |
| Net assets or fund balances | $135,294 |