Barbour County Fair Assn Inc

Nonprofit profile at a glance

EIN
550581748
IRS 990-EZ coverage
2020–2021
Forms available
Form 990 2019, Form 990-EZ 2021
Location
Philippi, WV, USA
Phone
3044573611
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Fairs

Reported finances

Revenue
$60,621
Expenses
$57,976
Assets
$244,246

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Debbie Schoonover (President)
  • Ronnie Schoonover (Vice President)

People named in this filing

  • Debbie Schoonover (President)
  • Ronnie Schoonover (Vice President)
  • Teresa Nestor (Asst Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Barbour County Fair is one of the largest fairs in the state of WV. Our purpose is to provide all the citizens of Barbour County an opportunity to enjoy in a relaxed atmosphere a county fair that shall provide wholesome family recreation and entertainment, promote farming, industry, and business in Barbour County and the State of WV. We shall also provide for and promote the sale of livestock, crops, other agricultural products, manufactured/produced in Barbour County and West Virginia as well as sponsor, establish, and promote educational meeting, seminars, lectures for the benefit of all citizens and promote all aspects of Barbour County and West Virginia life, culture, arts, crafts and music.

What it reported doing in 2021

The Barbour County Fair is one of the largest fairs in the state of West Virginia. Our purpose is to provide all citizens of Barbour County an opportunity to enjoy in a relaxed atmosphere a county fair that shall provide wholesome family recreation and entertainment, promote farming, industry and business in Barbour County and the State of West Virginia. We shall also provide for and promote the sale of livestock, crops, other agricultural products, manufactured/produced in Barbour County and West Virginia as well as sponsor, establish and promote educational meetings, seminars, lectures for the benefit of all citizens, and promote all aspects of Barbour County and West Virginia life, culture, arts, crafts and music.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.6%; rating input score 96
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.4%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 4.21; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 11.7%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 84.8% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -54.1% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 95.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $58K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.