Totals
- Total revenue
- $487,341
- Total expenses
- $396,622
- Contributions and grants received
- $243,594
- Grants paid
- $30,180
- Program service revenue
- $192,905
- Investment income
- $56,192
- Other revenue
- -$5,350
- Total assets, end of year
- $1,224,862
- Total liabilities, end of year
- $571,647
- Net assets or fund balances, end of year
- $653,215
- Program services expenses (Part IX)
- $390,243
- Management and general expenses
- $6,379
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $390,243
Program services were 98.4% 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.
-
1c · Fundraising events
$28,772
-
1e · Government grants (contributions)
$25,000
-
1f · All other contributions, gifts and grants
$189,822
-
2a · Program service revenue: STATE FAIR ACTIVITIES
total $192,905 · related or exempt $192,905
-
3 · Investment income
total $37,732 · related or exempt $37,732
-
4 · Income from investment of tax-exempt bond proceeds
total $18,460 · related or exempt $18,460
-
8a · Fundraising events: gross income
$12,950
-
8a · Fundraising events: contributions included on line 1c
$28,772
-
8b · Fundraising events: direct expenses
$18,300
-
8c · Net income from fundraising events
total -$5,350 · excluded -$5,350
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $30,180 · program services $30,180
-
11a · Fees: management
total $86 · management and general $86
-
11g · Fees: other
total $107,270 · program services $107,270
-
12 · Advertising and promotion
total $5,989 · program services $5,989
-
13 · Office expenses
total $3,530 · program services $3,530
-
14 · Information technology
total $2,397 · program services $2,397
-
17 · Travel
total $868 · management and general $868
-
19 · Conferences, conventions and meetings
total $142 · management and general $142
-
24a · Other expenses: EVENT EXPENSES
total $145,441 · program services $145,441
-
24b · Other expenses: EQUIPMENT & EQUIP RENT
total $95,436 · program services $95,436
-
24c · Other expenses: MISCELLANEOUS
total $4,884 · management and general $4,884
-
24d · Other expenses: LICENSES & FEES
total $200 · management and general $200
-
24e · All other expenses
total $199 · management and general $199
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $462,142 · end of year $166,138
-
2 · Savings and temporary cash investments
beginning of year $370,538 · end of year $653,635
-
3 · Pledges and grants receivable
beginning of year $90,477 · end of year $118,680
-
11 · Investments: publicly traded securities
beginning of year $151,214 · end of year $279,824
-
15 · Other assets
beginning of year $1,826 · end of year $6,585
-
17 · Accounts payable and accrued expenses
beginning of year $20,400 · end of year $22,626
-
18 · Grants payable
beginning of year $451,242 · end of year $522,802
-
25 · Other liabilities
beginning of year $45,669 · end of year $26,219
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $558,886 · end of year $653,215
Mission and programs · 2023
Mission
TO EXPAND LEADERSHIP CAPACITY AND EDUCATIONAL OPPORTUNITIES FOR YOUTH PARTICIPANTS IN THE ANNUAL STATE FAIR OF VIRGINIA AND OTHER PROGRAMS AT THE MEADOW EVENT PARK. CONNECT PRODUCERS, TEACHERS, LEADERS, INDUSTRY AND BUSINESS IN AN EFFORT TO OFFER ENCOURAGEMENTAND RECOGNITION TO VIRGINIA'S YOUTH AS THEY PARTICIPATE IN COMPETITIONS AND EDUCATIONAL PROGRAMS.
Activities or mission (Part I)
TO INCREASE AGRICULTURAL AND NATURAL RESOURCE AWARENESS, INTEREST AND EDUCATION IN VIRGINIA THROUGH PROGRAMS, EXHIBITIONS AND COMPETITIONS INTEGRAL TO THE OPERATION OF THE STATE FAIR OF VIRGINIA.
-
THE PRIMARY VENUE OF SUCCESSFUL EXECUTION OF THE MISSION IS THE STATE FAIR OF VIRGINIA. THE 2023 STATE FAIR OF VIRGINIA ATTENDANCE OF APPROXIMATED 210,000.IN 2023, THE STATE FAIR OF VIRGINIA SCHOLARSHIP PROGRAM REWARDED 241 YOUNG PEOPLE FOR THEIR HARD WORK AND ACHIEVEMENT IN THIRTY-NINE SANCTIONED STATE FAIR COMPETITION AREAS THROUGH LIVESTOCK COMPETITIONS, 4-H & FFA COMPETITIONS, SKILLS USA, AND OTHER COMPETITIONS.
Expenses $295,744 · Grants $30,181 · Revenue $249,097
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $94,499
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
M L EverettM L EVERETT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.35
-
Marlene Pierson-JoliffeMARLENE PIERSON-JOLIFFE
VICE PRESIDENT, EXEC DIREC
- Total calculated
- $0
- Hours/week
- 0.35 + 37.15 related
-
Matt FaulconerMATT FAULCONER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Lynwood D BroaddusLYNWOOD D BROADDUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Dixie Watts-DaltonDIXIE WATTS-DALTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Katie FrazierKATIE FRAZIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Thomas GravesTHOMAS GRAVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Robert Corley IIIROBERT CORLEY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Ray LeonardRAY LEONARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Don HorsleyDON HORSLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Shane HorsleySHANE HORSLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Mike CutterMIKE CUTTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Bobby OrrockBOBBY ORROCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Bill OslBILL OSL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.35
-
Addison GillsADDISON GILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Leo SatterwhiteLEO SATTERWHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Wayne PryorWAYNE PRYOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Andy SeibelANDY SEIBEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Rachel HenleyRACHEL HENLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
R Brian BallR BRIAN BALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Bette BrandBETTE BRAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Kathleen EarlyKATHLEEN EARLY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.15
-
David A PriddyDAVID A PRIDDY
TREASURER
- Total calculated
- $0
- Hours/week
- 0.15
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
VIRGINIA FARM BUREAU HOLDING CORPORATION
C · OPERATE AND MANAGE FAIRS AND EVENTS · VA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202440869349300404
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.