Deerfield Fair Association Inc

The information for Deerfield Fair Association Inc is as of the organization's most recent filing in December 2019. This organization is located in Deerfield, NH and has been in existence for 67 years, following its founding in 1952.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Deerfield Fair Association Inc's NTEE code is N52. The "N" tells us that the organization is classified along with Recreation & Sports. The "52" tells us that the organization is a Fairs organization. The NTEE describes Fairs organizations as those that sponsor, organize and promote fairs and festivals, including collectible/antique fairs, county and state fairs, street fairs, festivals, parades, and other similar activities during religious and patriotic holidays and other special occasions.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Deerfield Fair Association Inc is to provide operations related to agricultural fairs.

Organization Staffing

Deerfield Fair Association Inc is run by Donald Wyman, who is the President. The organization has 478 employees, none of whom are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 24 volunteers.

Board Governance

The Deerfield Fair Association Inc is well-governed, with 14 voting members and 9 independent members. The organization has taken steps to prevent potential conflicts of interest by having a conflict of interest policy in place and requiring disclosure of any conflicts. Board and committee meetings are documented and the organization has a document retention policy. The organization also substantiates and reviews leadership and officer salaries, and provides copies of the 990 to the board prior to filing. The only area where the organization could improve is having a written whistleblower policy in place. Overall, the Deerfield Fair Association Inc is well-governed and is taking steps to ensure the organization is compliant with necessary regulations.

Organization Growth

The Deerfield Fair Association Inc has experienced growth over the given time period, with contributions and grants received increasing from $2.8K in 2014 to $25.3K in 2019. Program service revenue, investment income, and total revenue all increased, with total revenue rising from $2.0M in 2014 to $2.5M in 2019. Employee salaries also increased from $387.1K in 2014 to $443.6K in 2019, while total expenses rose from $1.5M in 2014 to $2.0M in 2019. The number of employees decreased from 490 in 2014 to 478 in 2019, while the number of volunteers increased from 22 in 2014 to 24 in 2019.