Lenoir County Fair Association Inc
- Assets
- $199.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kinston, NC
- Founding
- 12/1980
- Data as of
- 12/2023
- EIN
- 56-1253335
Organization Overview
Lenoir County Fair Association Inc is located in Kinston, NC. The organization was established in 1980. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Lenoir County Fair Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Lenoir County Fair Association Inc generated $113.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $133.0k during the year ending 12/2023. 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
COUNTY AGRICULTURAL FAIR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Waylon Adams President | 10 | $0 | |
Terry Hall Secretary | 3 | $0 | |
Connie Moody Treasurer | 3 | $0 | |
Allen Foster Vice President | 3 | $0 | |
Claudia Peralta Vice President | 3 | $0 | |
Lloyd Moody Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,865 |
| Total Program Service Revenue | $101,860 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,060 |
| Other Revenue | $0 |
| Total Revenue | $113,665 |
| 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 | $25,112 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $107,926 |
| Total expenses | $133,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,097 |
| Other assets | $0 |
| Total assets | $199,236 |
| Total liabilities | $0 |
| Net assets or fund balances | $199,236 |