Patrick County Agricultural Fair Incorporated FY2021 filing

Tax-deductible

Stuart, VA501(c)(3)Since 1961Recreation & SportsEIN 27-3001069Revenue $55K in FY2021

On file with the IRSpatrickcountyfair.comPo Box 562, 24171-0562 · Stuart, VATax-exempt since Jun 2020Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

Organize and conduct the Patrick County Agricultural Fair in order to support the charitable projects of the stuart rotary club and to assist Patrick County by developing and improving rotary field, to be used by the public for recreation, meetings, school functions, emergency services, etc.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $33K a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
41 mo
of spending, in cash
Looks good: 40.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$55K
Spent
$66K
To programs
100%
Net assets
$755K
By yearFY2021–FY2025
Revenue
$55K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$55K
FY2022$98K
FY2023$227K
FY2024$247K
FY2025$276K
Expenses
$66K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$66K
FY2022$101K
FY2023$176K
FY2024$202K
FY2025$195K
Net assets
$755K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$755K
FY2022$652K
FY2023$703K
FY2024$751K
FY2025$833K

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jun 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $66K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Patrick County Agricultural Fair Incorporated executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Organize and conduct the county fair to support local charities and improve public recreational spaces.

Questions for Patrick County Agricultural Fair Incorporated

Tap to ask. Patrick County Agricultural Fair Incorporated sees how many people are interested.

Your first name shows with your question. Patrick County Agricultural Fair Incorporated answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $66K · in their own filed words · FY2020
01

Organize and conduct the patrick county fair. The fair raises funds to pay for the charitable activities described below. The fair also provides agricultural education and entertainment to patrick county residents and fundraising opportunities for local charities like the boy scouts and patrick county high school band.

$66Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $72K · 2020–2024

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$55K
Ln 12
Fees for servicesLn 2g$31K
Gifts and grantsLn 1h$19K
Other incomeLn 4–11$6K
Money outPt IX
$66K
Ln 25
Programscol B$66K
Owns and owesPt X
$755K
net assets · Ln 32
Cash and savingsLn 1–2$226K
Total assetsLn 16$755K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19K
Fees for servicesLn 2g$31K
Other incomeLn 4–11$6K
Total revenueLn 12$55K
Assets in detailPt X, end of year
CashLn 1$126K
SavingsLn 2$100K
Cash and savings togetherLn 1–2$226K
Land, buildings, equipmentLn 10c$529K
Total assetsLn 16$755K
LiabilitiesLn 26$0
Net assetsLn 32$755K
OperationsPt I, VI
EmployeesI 50
VolunteersI 680
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$226K$226K
Land, buildings, equipmentLn 10c$552K$529K
Total assetsLn 16$778K$755K
LiabilitiesLn 26$0$0
Net assetsLn 32$778K$755K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$20K$20K
Advertising and promotionLn 12$150$150$0$0
Office expensesLn 13$6K$6K$0$0
OccupancyLn 16$910$910$0$0
Depreciation, depletion and amortizationLn 22$23K$23K$0$0
Other expenses (24a–d)Ln 24$17K$17K$0$0
Total functional expensesLn 25$66K$66K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $276K$195K$81K$833K 990 PDF
FY2024 $247K$202K$45K$751K 990 PDF
FY2023 $227K$176K$51K$703K 990 PDF
FY2022 $98K$101K−$2K$652K 990 PDF
FY2021 Viewing $55K$66K−$12K$755K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $54,764 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $110,001$18,650
I-9 Program service revenuePrior year $187,718$30,553
I-10 Investment income$0
I-11 Other revenuePrior year $42,129$5,561
I-12 Total revenuePrior year $339,848$54,764
I-13 Grants and similar amounts paidPrior year $16,230$19,500
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $181,616$46,879
I-18 Total expensesPrior year $197,846$66,379
I-19 Revenue less expensesPrior year $142,002−$11,615
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $54,764 across 5 lines filed
Lines not itemized here account for $10,011 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$18,650
VIII-1h Total contributions, gifts and grants$18,650
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$20,542
VIII-6 Net rental income or lossRelated to mission $5,561$5,561
VIII-12 Total revenueRelated to mission $36,114 · Unrelated business $0 · Excluded from tax $0$54,764
Part IX · Statement of functional expenses $66,379 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $19,500$19,500
IX-12 Advertising and promotionPrograms $150 · Management $0 · Fundraising $0$150
IX-13 Office expensesPrograms $5,677 · Management $0 · Fundraising $0$5,677
IX-16 OccupancyPrograms $910 · Management $0 · Fundraising $0$910
IX-22 Depreciation, depletion and amortizationPrograms $22,970 · Management $0 · Fundraising $0$22,970
IX-24 Other expenses (24a–d)Programs $17,172 · Management $0 · Fundraising $0$17,172
IX-25 Total functional expensesPrograms $66,379 · Management $0 · Fundraising $0$66,379
Part X · Balance sheet $754,773 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $125,618$125,583
X-2 Savings and temporary cash investmentsStart of year $100,000$100,000
X-10c Land, buildings and equipment, netStart of year $552,160$529,190
X-16 Total assetsStart of year $777,778$754,773
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $777,778$754,773
X-33 Total liabilities and net assetsStart of year $777,778$754,773
Part XI · Reconciliation of net assets $754,773 net assets at year end
XI-1 Total revenue$54,764
XI-2 Total expenses$66,379
XI-3 Revenue less expenses−$11,615
XI-4 Net assets at start of year$777,778
XI-8 Prior period adjustments−$11,390
XI-10 Net assets at end of year$754,773

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.