Form 990 for tax year 2024
Filed by GUILFORD AGRICULTURAL SOCIETY INC.
Totals
- Total revenue
- $535,048
- Total expenses
- $397,686
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $523,215
- Investment income
- $11,833
- Other revenue
- $0
- Total assets, end of year
- $1,390,824
- Total liabilities, end of year
- $9,225
- Net assets or fund balances, end of year
- $1,381,599
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $389,878
Program services were 0.0% 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.
-
2a · Program service revenue: GUILFORD AGRICULTURAL FAIR
total $523,215 · related or exempt $523,215
-
3 · Investment income
total $11,833 · related or exempt $11,833
Functional expenses
Part IX, the statement of functional expenses.
-
12 · Advertising and promotion
total $44,267
-
13 · Office expenses
total $5,874
-
16 · Occupancy
total $39,453
-
17 · Travel
total $977
-
20 · Interest
total $3
-
22 · Depreciation, depletion and amortization
total $27,561
-
23 · Insurance
total $35,437
-
24a · Other expenses: ENTERTAINMENT EXPENSE
total $72,910
-
24b · Other expenses: SAFETY & SECURITY
total $34,968
-
24c · Other expenses: PREMIUMS EXPENSE
total $20,671
-
24d · Other expenses: VOLUNTEERS
total $17,993
-
24e · All other expenses
total $97,572
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $1
-
2 · Savings and temporary cash investments
beginning of year $491,623 · end of year $623,586
-
10a · Land, buildings and equipment: cost or other basis
$1,125,448
-
10b · Land, buildings and equipment: accumulated depreciation
$364,211
-
10c · Land, buildings and equipment, net
beginning of year $757,314 · end of year $761,237
-
15 · Other assets
end of year $6,000
-
25 · Other liabilities
beginning of year $4,700 · end of year $9,225
-
27 · Net assets without donor restrictions
beginning of year $1,122,602 · end of year $1,259,964
-
28 · Net assets with donor restrictions
beginning of year $121,635 · end of year $121,635
Mission and programs · 2024
Mission
OPERATION OF THE ANNUAL GUILFORD AGRICULTURAL FAIR
Activities or mission (Part I)
OPERATION OF THE GUILFORD AGRICULTURAL FAIR
-
OPERATION OF THE ANNUAL GUILFORD AGRICULTURAL FAIR
Expenses $389,878 · Revenue $523,215
As filed on the 2024 return.
Listed in Part VII
-
Barbara HammarlundBARBARA HAMMARLUND
ASST SECR /
- Total calculated
- $0
-
John HammarlundJOHN HAMMARLUND
PRESIDENT
- Total calculated
- $0
-
Keith A KennelKEITH A KENNEL
V.P.
- Total calculated
- $0
-
Martha J LoscheMARTHA J LOSCHE
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
David PopolizioDAVID POPOLIZIO
2ND V.P. / D
- Total calculated
- $0
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 March 2026
- IRS schema version
- 2024v5.0
- Source object
- 202632369349301358
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