Bates County Fair EIN 51-0191892

Bates County Fair FY2020 filing

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Promotes and educates the Bates County community through its annual fair. For fiscal year 2020 it reported $116K in revenue, $114K in expenses, and $31K in net assets.Pt I

Founded
1972
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Butler, MO
Website
extension.missouri.edu/bates/fair
Filings
6 on file (2020–2020)
Revenue
$116KFY2020
Expenses
$114K
Net assets
$31K
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  51-0191892 Public charity (501(c)(3)) Butler, MO Founded 1972
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Promotes and educates the Bates County community through its annual fair.
Leadership
Bret Hettinger · Board Member
Money in and out
$116K revenue, $114K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$116K
Pt VIII · Ln 12
Total expenses
$114K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$116K
FY2020
Expenses
$114K
FY2020
Total assets
$53K
FY2020
Total liabilities
$22K
FY2020
Total revenue
$116K
Pt VIII · Ln 12
Total expenses
$114K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1K
Total assetsPt X · Ln 16$53K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $114K of program spending, described in the organization's own filed words · FY2020.
01

The bates county fair was formed by the members of bates county, missouri in 1972 with the tax exempt purpose of promoting and educating the members of the bates county community.

$114Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBates County Fair
EINHdr · item D51-0191892
Principal addressHdr · item CButler, MO
Year of formationHdr · item L1972
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N52)
Ruling yearIRS BMFApr 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Bates County Fair executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$116K
Investment income$55
Other revenue$26
Total revenueLn 12$116K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$114K
Management & general$50
Total functional expensesLn 25$114K

Balance Sheet

Part X · end of year
CashLn 1$39K
Total assetsLn 16$53K
Total liabilitiesLn 26$22K
Total net assetsLn 32$31K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $39K · Operating expenses/yr $114K
4.1 months
Where the money goes
Program services
Program services $114K · Total expenses $114K
100%
Management & General
Management & general $50 · Total expenses $114K
0.04%
Fundraising
Fundraising $0 · Total expenses $114K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $116K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $116K · Total revenue $116K
100%
Government reliance
Government grants — · Total revenue $116K
Earned-income share
Program service revenue $0 · Total revenue $116K
0%
Investment reliance
Investment income $55 · Total revenue $116K
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $114K
0%
Growth & trend
Revenue growth (YoY)
This year $116K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $31K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $116K · Expenses $114K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $53K
Net-asset ratio
Net assets $31K · Total assets $53K
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $53K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bret Hettinger · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $114K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $114K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.04%
Fundraising cost ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$268K revenue · ⤓ 990 PDF
FY2024$237K revenue · ⤓ 990 PDF
FY2023$224K revenue · ⤓ 990 PDF
FY2022$527K revenue · ⤓ 990 PDF
FY2021$142K revenue · ⤓ 990 PDF
FY2020$116K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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