Madison County Fairgrounds
- Assets
- $99.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, NC
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 04-3810067
Organization Overview
Madison County Fairgrounds is located in Marshall, NC. The organization was established in 2007. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison County Fairgrounds is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Madison County Fairgrounds generated $21.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MADISON COUNTY FAIR, RODEO ACTIVITIES, FACILITY AND PLACEFOR THE COMMUNITY TO COME TOGETHER, CONCESSIONS ARE ALSOAVALIABLE, TIMER, SOUND SYSTEM & SOCOREBOARD ARE USED FOR
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Griffin Chairman | 10 | $0 | |
Jackie Ball Director | 5 | $0 | |
Herbert Buckner Director | 5 | $0 | |
Dr Meg Pressley Secretary | 10 | $0 | |
Jimmy Huffman Director | 5 | $0 | |
Paula Jenkins Vice Chairman | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,706 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,706 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,854 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,561 |
| Total expenses | $13,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,916 |
| Other assets | $0 |
| Total assets | $98,979 |
| Total liabilities | $71,078 |
| Net assets or fund balances | $27,901 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agape Community Center Inc Atlanta, GA | $10,850,690 | $3,588,324 |
Emily Krzyzewski Family Life Center Inc Durham, NC | $20,182,239 | $3,389,390 |
Burkwood Recreation Association Inc Mechanicsville, VA | $4,730,258 | $2,143,788 |
Recreation Vehicle Dealers Association Of North America Fairfax, VA | $5,938,540 | $2,136,084 |
University Of North Carolina Faculty-Staff Recreation Associati Chapel Hill, NC | $5,306,904 | $2,177,390 |
Middle Tyger Community Center Lyman, SC | $2,238,073 | $1,534,310 |
Kanawha Recreation Association Henrico, VA | $2,872,529 | $951,606 |
Floyd County Recreation Association Incorporated Floyd, VA | $854,087 | $836,275 |
Lake Jeanette Recreation Association Inc Greensboro, NC | $1,162,599 | $937,834 |
Donaldson Run Recreation Association Inc Arlington, VA | $2,294,632 | $760,116 |
Wakefield Chapel Recreation Association Springfield, VA | $245,062 | $404,027 |
Jubilee Family Development Center Inc Lynchburg, VA | $1,769,948 | $724,513 |