Form 990 for tax year 2023
Filed by NORTH IDAHO FAIR AND RODEO FOUNDATION INC.
Totals
- Total revenue
- $163,701
- Total expenses
- $143,916
- Contributions and grants received
- $16,978
- Grants paid
- $113,273
- Program service revenue
- $0
- Investment income
- $11,985
- Other revenue
- $134,738
- Total assets, end of year
- $568,974
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $568,974
- Program services expenses (Part IX)
- $113,273
- Management and general expenses
- $22,688
- Fundraising expenses
- $7,955
- Program service expenses (Part III)
- $113,273
Program services were 78.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$16,978
-
3 · Investment income
total $11,985 · excluded $11,985
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$194,893
-
8b · Fundraising events: direct expenses
$60,155
-
8c · Net income from fundraising events
total $134,738 · excluded $134,738
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $75,523 · program services $75,523
-
2 · Grants to domestic individuals
total $37,750 · program services $37,750
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,275 · management and general $1,275
-
11c · Fees: accounting
total $2,850 · management and general $2,850
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $18,146 · management and general $11,296 · fundraising $6,850
-
12 · Advertising and promotion
total $42 · fundraising $42
-
13 · Office expenses
total $3,735 · management and general $3,735
-
14 · Information technology
total $2,417 · management and general $2,417
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $929 · management and general $929
-
24a · Other expenses: FUNDRAISING MISC
total $980 · fundraising $980
-
24b · Other expenses: Postage and Shipping
total $166 · management and general $83 · fundraising $83
-
24c · Other expenses: DIRECTOR APPAREL
total $103 · management and general $103
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $206,390 · end of year $53,191
-
2 · Savings and temporary cash investments
beginning of year $131,849 · end of year $285,115
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $172,194 · end of year $230,668
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $333,239 · end of year $338,306
-
28 · Net assets with donor restrictions
beginning of year $177,194 · end of year $230,668
Mission and programs · 2023
Mission
The North Idaho Fair & Rodeo Foundation's mission is to raise funds through various fundraising and endowment activities for capital improvements at the Kootenai County Fairgrounds and for educational opportunities for area youth. The North Idaho Fair & Rodeo Foundation enables individuals, businesses, families and friends of the Fair to play a vital role in the future of the North Idaho Fair & Rodeo and the Kootenai County Fairgrounds by supporting programs and facilities through gifts like donations, annual pledges, or estate planning.
-
PROVIDE SUPPORT TO THE NORTH IDAHO STATE FAIR THROUGH VARIOUS CAPITAL PROJECTS.
Expenses $47,506 · Grants $47,506
-
SUPPORTED LOCAL STUDENTS TO PURSUE ADDITIONAL EDUCATION AT AN ACCREDITED 2 OR 4 YEAR INSTITUTION OR TRADE SCHOOL.
Expenses $37,750 · Grants $37,750
-
OTHER ASSISTANCE TO COMMUNITY PROJECTS AND ORGANIZATIONS PER THE FAIR FOUNDATION'S ORIGINAL ORGANIZATIONAL DOCUMENT OF 2004, INCLUDING KOOTENAI HEALTH FOUNDATION, INC. AND LOCAL 4-H ORGANIZATIONS.
Expenses $28,017 · Grants $28,017
As filed on the 2023 return.
Listed in Part VII
-
Dave Bobbitt JrDAVE BOBBITT JR
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rachel PetersRACHEL PETERS
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mary Luann LarsonMARY LUANN LARSON
Director
- Total calculated
- $0
- Hours/week
- 3
-
Kim WeatherfordKIM WEATHERFORD
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Shawna DanielsSHAWNA DANIELS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Serena CaplesSERENA CAPLES
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bat MastersonBAT MASTERSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alexia Jordan CfeALEXIA JORDAN CFE
EXEC SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Ann SiebertANN SIEBERT
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dorine SoutherDORINE SOUTHER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Diana LilliflorenDIANA LILLIFLOREN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Merlin BergerMERLIN BERGER
President
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
NORTH IDAHO STATE FAIR
$46,068
-
$28,017
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349313642
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