Lincoln County Fairgrounds Foundation Inc
- Assets
- $172.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lennox, SD
- Founding
- Data as of
- 12/2021
- EIN
- 84-3668396
Organization Overview
Lincoln County Fairgrounds Foundation Inc is located in Lennox, SD. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln County Fairgrounds Foundation Inc 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, Lincoln County Fairgrounds Foundation Inc generated $70.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $2.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Kjose Vice President | 1 | $0 | |
Bridget Twedt Secretary | 1 | $0 | |
Chad Hazel President | 1 | $0 | |
Kristi Sweeter Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,826 |
| Total Program Service Revenue | $2,250 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,391 |
| Other Revenue | $0 |
| Total Revenue | $70,467 |
| 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 | $479 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $725 |
| Other expenses | $910 |
| Total expenses | $2,114 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $172,224 |
| Other assets | $0 |
| Total assets | $172,224 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,224 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lincoln County Fairgrounds Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Midcontinent Foundation Minneapolis, MN PURPOSE: OPERATING EXPENSES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Future Farmers Of America Foundation Lincoln, NE | $3,382,051 | $1,786,063 |
Teton County 4-H Council Jackson, WY | $5,120,856 | $1,212,506 |
Iowa Ffa Foundation Ankeny, IA | $12,403,855 | $1,572,741 |
Nebraska 4-H Foundation Lincoln, NE | $2,843,433 | $1,171,806 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Nebraska Vocational Agricultural Foundation Aurora, NE | $2,021,514 | $645,964 |
Future Farmers Of America Lincoln, NE | $663,967 | $672,372 |
North Dakota Ffa Foundaton Incorporated Bismarck, ND | $2,357,984 | $584,038 |
Future Farmers Of America And Its State Associations & Local Chapter St Paul, MN | $234,990 | $568,184 |
University Of Wyoming Cheyenne, WY | $30,954 | $423,976 |
4-H Clubs & Affiliated 4-H Organizations Fargo, ND | $4,432,232 | $751,100 |
South Dakota Ffa Foundation Inc Bath, SD | $1,190,469 | $597,022 |