Form 990 for tax year 2023
Filed by WALLER COUNTY FAIR ASSOCIATION.
Totals
- Total revenue
- $5,815,049
- Total expenses
- $3,400,487
- Contributions and grants received
- $4,700
- Grants paid
- $0
- Program service revenue
- $4,001,005
- Investment income
- $2,247
- Other revenue
- $1,807,097
- Total assets, end of year
- $7,512,025
- Total liabilities, end of year
- $3,041,397
- Net assets or fund balances, end of year
- $4,470,628
- Program services expenses (Part IX)
- $3,162,785
- Management and general expenses
- $237,702
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,162,785
Program services were 93.0% 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.
-
1b · Membership dues
$4,700
-
2a · Program service revenue: Fair Derby and Extrav
total $3,219,815 · related or exempt $3,219,815
-
2b · Program service revenue: Other Ag Functions
total $153,593 · related or exempt $153,593
-
2c · Program service revenue: Capital Contributions
total $627,597 · related or exempt $627,597
-
3 · Investment income
total $2,247 · related or exempt $2,247
-
6a · Gross rents
real property $108,559
-
6c · Rental income or loss
real property $108,559
-
6d · Net rental income or loss
total $108,559 · related or exempt $108,559
-
10a · Gross sales of inventory
$130,469
-
10b · Cost of goods sold
$66,982
-
10c · Net income from sales of inventory
total $63,487 · related or exempt $63,487
-
11a · Other revenue: Pledged Promised Revenu
total $1,635,051 · related or exempt $1,635,051
-
11e · Other revenue, total
$1,635,051
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $30,603 · management and general $30,603
-
10 · Payroll taxes
total $2,341 · management and general $2,341
-
11b · Fees: legal
total $3,000 · program services $3,000
-
11c · Fees: accounting
total $22,739 · program services $22,739
-
11g · Fees: other
total $56,709 · program services $56,709
-
12 · Advertising and promotion
total $106,685 · program services $106,685
-
13 · Office expenses
total $10,674 · program services $10,674
-
14 · Information technology
total $7,529 · program services $7,529
-
16 · Occupancy
total $162,878 · program services $121,907 · management and general $40,971
-
17 · Travel
total $23,811 · program services $23,811
-
19 · Conferences, conventions and meetings
total $36,158 · program services $36,158
-
22 · Depreciation, depletion and amortization
total $161,753 · program services $161,753
-
23 · Insurance
total $53,575 · program services $4,260 · management and general $49,315
-
24a · Other expenses: County Fair Expense
total $2,293,212 · program services $2,293,212
-
24b · Other expenses: Auction Raffle Item Expense
total $93,132 · program services $93,132
-
24c · Other expenses: Rental Expenses
total $11,721 · program services $11,721
-
24e · All other expenses
total $323,967 · program services $209,495 · management and general $114,472
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $53,621 · end of year $238,845
-
2 · Savings and temporary cash investments
beginning of year $879,582 · end of year $406,037
-
3 · Pledges and grants receivable
end of year $1,635,051
-
4 · Accounts receivable
beginning of year $262,657 · end of year $126,666
-
10a · Land, buildings and equipment: cost or other basis
$6,347,271
-
10b · Land, buildings and equipment: accumulated depreciation
$1,241,845
-
10c · Land, buildings and equipment, net
beginning of year $1,877,894 · end of year $5,105,426
-
15 · Other assets
beginning of year $885,211
-
17 · Accounts payable and accrued expenses
end of year $482
-
18 · Grants payable
beginning of year $4,764 · end of year $975
-
23 · Secured mortgages and notes payable
beginning of year $1,430,787 · end of year $3,039,940
-
27 · Net assets without donor restrictions
beginning of year $2,523,414 · end of year $2,835,577
-
28 · Net assets with donor restrictions
end of year $1,635,051
Mission and programs · 2023
Mission
The organizations mission is to provide agricultural related education and college scholarships for the youth of Waller County, Texas
-
The association provided for educational programs and college funding for local area students. Project payments for students - $1,626,215
Expenses $3,162,785
As filed on the 2023 return.
Listed in Part VII
-
Samantha Want
Director at Large
- Total calculated
- $0
- Hours/week
- 0
-
Gitilitz David
2nd Vice President
- Total calculated
- $0
- Hours/week
- 0
-
Jessica Borgstedt
Director at Large
- Total calculated
- $0
- Hours/week
- 0
-
Stephanie Whaley
Director at Large
- Total calculated
- $0
- Hours/week
- 0
-
Justin Pershall
Parliamentarian
- Total calculated
- $0
- Hours/week
- 0
-
Cannon Neel
1st Pice President
- Total calculated
- $0
- Hours/week
- 0
-
Sherry Roesner
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Bobby Coursey
President
- Total calculated
- $0
- Hours/week
- 0
-
Harry Leach
Treasurer
- Total calculated
- $0
- Hours/week
- 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
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v6.0
- Source object
- 202520799349300907
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.