Bell County Expo INC

Tax-deductible

Belton, TX501(c)(3)Since 1987Recreation & SportsEIN 74-2451622Revenue $10.4M in FY2025

On file with the IRScadencebankcenter.com301 W Loop 121, 76513-3343 · Belton, TXTax-exempt since Feb 1989Supporting organization — 509(a)(3)

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To operate, manage and promote the Bell County Expo center on behalf of Bell County, TX.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$290K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2025 · 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
4 of 6
filings with a surplus
Average surplus $104K a year · 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$290K
to officers and key staff · 3% of spending
Top officer’s pay lower than 88% of similar orgs
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
69% of total assets
Worth a look: liabilities are 69% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.4M
+0.2% vs prior year
Spent
$10.1M
To programs
83%
Net assets
$747K
By yearFY2020–FY2025
Revenue
$10.4M
FY2025+0.2%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.9M
FY2021$6.7M
FY2022$11.6M
FY2023$9.5M
FY2024$10.4M
FY2025$10.4M
Expenses
$10.1M
FY2025▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.8M
FY2021$6.0M
FY2022$10.4M
FY2023$9.9M
FY2024$11.6M
FY2025$10.1M
Net assets
$747K
FY2025▲ +62%
Tap a bar for its year
Net assets by fiscal year
FY2020$278K
FY2021$988K
FY2022$2.2M
FY2023$1.7M
FY2024$460K
FY2025$747K

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1989.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $8.4M Management & general 17% · $1.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $290K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Exe. Director - Part Year
$186,321Pt VII · Sec A
Exe. Director - Part Year
$103,989Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jeff Schumacher’s $186K as Exe. Director - Part Year is at the 12th percentile of top reported officer pay among 290 $10–100M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tim Stephens—$208,586$182,385$145,257$140,451$143,335
Jeff Schumacher$186,321$26,414————
Jonathan Elliott$103,989—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Bell County Expo INC executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates, manages, and promotes the Bell County Expo Center for the county.

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Provided by the organization

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1 program · $8.4M · in their own filed words · FY2024
01

Bell county expo, inc. Operates and manages the bell county expo center on behalf of bell co. Promoting educational, cultural, and recreational events for county citizens.

$8.4Mprogram 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 · 11 grants · $16.9M · 2019–2024
Bell County TXFY2024$2,406,201
Unitemized GrantFY2024$7,500
Bell County TXFY2023$4,703,022
Unitemized GrantFY2023$7,000
Bell County TXFY2022$2,735,469
Unitemized GrantFY2022$7,000
Bell County TXFY2021$3,952,758
Unitemized GrantFY2021$7,000
Bell County TXFY2020$1,740,365
Unitemized GrantFY2020$7,000
Bell County TXFY2019$1,328,678

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$10.4M
Ln 12
Fees for servicesLn 2g$6.2M
Gifts and grantsLn 1h$4.2M
Investment incomeLn 3$4K
Money outPt IX
$10.1M
Ln 25
Programscol B$8.4M
Managementcol C$1.7M
Owns and owesPt X
$747K
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.2M
Government grantsLn 1e$4.2M
Fees for servicesLn 2g$6.2M
Investment incomeLn 3$4K
Total revenueLn 12$10.4M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$657K
Cash and savings togetherLn 1–2$2.2M
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.7M
Net assetsLn 32$747K
OperationsPt I, VI
EmployeesI 5214
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.3M$2.2M
Total assetsLn 16$2.8M$2.4M
LiabilitiesLn 26$2.3M$1.7M
Net assetsLn 32$460K$747K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.4M$2.4M
Grants to domestic individualsLn 2$8K$8K
Pay of current officers, directors and key staffLn 5$344K$172K$172K
Other salaries and wagesLn 7$1.1M$495K$576K
Pension plan contributionsLn 8$101K$45K$56K
Other employee benefitsLn 9$134K$61K$73K
Payroll taxesLn 10$169K$78K$91K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$87K$87K
Other fees for servicesLn 11g$55K$55K
Advertising and promotionLn 12$316K$165K$151K
Office expensesLn 13$400K$4K$395K
OccupancyLn 16$790K$790K
TravelLn 17$15K$15K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$3.0M$3.0M
All other expensesLn 24e$1.2M$1.1M$38K
Total functional expensesLn 25$10.1M$8.4M$1.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $10.4M$10.1M$287K$747K 990 PDF
FY2024 $10.4M$11.6M−$1.2M$460K 990 PDF
FY2023 $9.5M$9.9M−$481K$1.7M 990 PDF
FY2022 $11.6M$10.4M$1.2M$2.2M 990 PDF
FY2021 $6.7M$6.0M$709K$988K 990 PDF
FY2020 $4.9M$4.8M$153K$278K 990 PDF

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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 FY2025 990 (6 parts)
Part I · Summary $10,380,953 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,237,251$4,174,153
I-9 Program service revenuePrior year $6,114,188$6,203,026
I-10 Investment incomePrior year $4,003$3,774
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $10,355,442$10,380,953
I-13 Grants and similar amounts paidPrior year $4,710,022$2,413,701
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,785,266$1,819,435
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,081,677$5,860,698
I-18 Total expensesPrior year $11,576,965$10,093,834
I-19 Revenue less expensesPrior year −$1,221,523$287,119
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,380,953 across 5 lines filed
Lines not itemized here account for $1,676,994 of total revenue; see the IRS return.
VIII-1e Government grants$4,174,153
VIII-1h Total contributions, gifts and grants$4,174,153
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,526,032$4,526,032
VIII-3 Investment incomeExcluded from tax $3,774$3,774
VIII-12 Total revenueRelated to mission $6,203,026 · Unrelated business $0 · Excluded from tax $3,774$10,380,953
Part IX · Statement of functional expenses $10,093,834 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $2,406,201$2,406,201
IX-2 Grants to domestic individualsPrograms $7,500$7,500
IX-5 Pay of current officers, directors and key staffPrograms $172,221 · Management $172,221$344,442
IX-7 Other salaries and wagesPrograms $494,858 · Management $576,322$1,071,180
IX-8 Pension plan contributionsPrograms $45,232 · Management $55,843$101,075
IX-9 Other employee benefitsPrograms $61,365 · Management $72,561$133,926
IX-10 Payroll taxesPrograms $77,987 · Management $90,825$168,812
IX-11b Legal feesManagement $5,301$5,301
IX-11c Accounting feesManagement $87,389$87,389
IX-11g Other fees for servicesManagement $54,931$54,931
IX-12 Advertising and promotionPrograms $164,726 · Management $151,477$316,203
IX-13 Office expensesPrograms $4,376 · Management $395,408$399,784
IX-16 OccupancyPrograms $789,707$789,707
IX-17 TravelManagement $14,868$14,868
IX-23 InsurancePrograms $5,200$5,200
IX-24 Other expenses (24a–d)Programs $3,003,732$3,003,732
IX-24e All other expensesPrograms $1,145,513 · Management $38,070$1,183,583
IX-25 Total functional expensesPrograms $8,378,618 · Management $1,715,216 · Fundraising $0$10,093,834
Part X · Balance sheet $2,439,891 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $616,114$1,586,436
X-2 Savings and temporary cash investmentsStart of year $1,695,742$657,221
X-4 Accounts receivableStart of year $264,642$44,642
X-8 Inventories for sale or useStart of year $32,227$32,592
X-9 Prepaid expenses and deferred chargesStart of year $159,940$119,000
X-16 Total assetsStart of year $2,768,665$2,439,891
X-17 Accounts payable and accrued expensesStart of year $245,829$129,966
X-18 Grants payableStart of year $505,717$534,349
X-19 Deferred revenueStart of year $1,265,069$847,239
X-25 Other liabilitiesStart of year $292,476$181,644
X-26 Total liabilitiesStart of year $2,309,091$1,693,198
X-32 Total net assets or fund balancesStart of year $459,574$746,693
X-33 Total liabilities and net assetsStart of year $2,768,665$2,439,891
Part XI · Reconciliation of net assets $746,693 net assets at year end
XI-1 Total revenue$10,380,953
XI-2 Total expenses$10,093,834
XI-3 Revenue less expenses$287,119
XI-4 Net assets at start of year$459,574
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$746,693

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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