Abingdon Community Festival Association
- Assets
- $29.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Abingdon, IL
- Founding
- 06/1966
- Data as of
- 11/2022
- 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 11/2022, Abingdon Community Festival Association generated $35.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $30.2k during the year ending 11/2022. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
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 |
|---|---|---|---|
Robert Watkins Vice President | 0 | $0 | |
Jeremy Derry President | 0 | $0 | |
Tina Derry Treasurer | 0 | $0 | |
Angela Wherley Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,020 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,137 |
| Other Revenue | $9,324 |
| Total Revenue | $35,481 |
| 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 | $425 |
| Occupancy, rent, utilities, and maintenance | $2,967 |
| Printing, publications, postage, and shipping | $969 |
| Other expenses | $25,309 |
| Total expenses | $30,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,639 |
| Other assets | $0 |
| Total assets | $29,137 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,137 |
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