Abingdon Community Festival Association
- Assets
- $34.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Abingdon, IL
- Founding
- 06/1966
- Data as of
- 11/2023
- EIN
- 37-6058336
Organization Overview
Abingdon Community Festival Association is located in Abingdon, IL. The organization was established in 1966. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abingdon Community Festival Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 11/2023, Abingdon Community Festival Association generated $26.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $21.3k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
AGRICULTURAL FAIR SERVING THE YOUTH INVOLVED IN 4-H & FFA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Derry President | 0 | $0 | |
Robert Watkins Vice President | 0 | $0 | |
Ashley Anderson Secretary | 0 | $0 | |
Tina Derry Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,562 |
| Other Revenue | $9,877 |
| Total Revenue | $26,239 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $500 |
| Professional fees and other payments to independent contractors | $538 |
| Occupancy, rent, utilities, and maintenance | $3,181 |
| Printing, publications, postage, and shipping | $653 |
| Other expenses | $16,395 |
| Total expenses | $21,267 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,611 |
| Other assets | $0 |
| Total assets | $34,109 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,109 |