Graves County Fair Association Inc
Nonprofit profile at a glance
- EIN
- 610902173
- IRS 990-EZ coverage
- 2014–2015
- Forms available
- Form 990 2013, Form 990-EZ 2015
- Location
- Mayfield, KY, USA
- Phone
- 2702471981
- Rating confidence
- Limited
- Sector
- Fairs
Reported finances
- Revenue
- $57,492
- Expenses
- $61,491
- Assets
- $762
- Liabilities
- $4,850
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JESSE PERRY (Vice President)
People named in this filing
- JESSE PERRY (Vice President)
- NATHAN LAMB (Director)
- TERESA CANTRELL (Fair Manager)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the graves county fair association, inc. Is to promote, develop and conduct the purchase district fair, to develop health and welfare of boys and girls enrolled in youth organizations in graves and surrounding counties in Kentucky, to assist and develop adult entertainment and activities expense: these expenses are incurred to promote the mission of the purchase district fair- to develop the health and welfare of boys and girls enrolled in youth organizations, to assist and develop adult organizations interested in the fair, and to bring together persons interested in promoting community activities in graves and surrounding counties.
What it reported doing in 2015
Promote, develop and conduct the purchase district fair, to develop health and welfare of boys and girls enrolled in youth organizations in graves and surrounding counties in Kentucky, to assist and develop adult entertainment and activities expense: these expenses are incurred to promote the mission of the purchase district fair- to develop the health and welfare of boys and girls enrolled in youth organizations, to assist and develop adult organizations interested in the fair, and to bring together persons interested in promoting community activities in graves and surrounding counties.
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 6.36; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -10.4% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: -75.7% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2014 to 2015
- Contacts: How to reach this organization
- 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.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.