Frontier Days Foundation EIN 91-1705239 Form 990 (PDF) Claim this org

Frontier Days Foundation FY2023 filing

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Supports the Walla Walla County Fair by raising funds for operations, facility improvements, and youth programs. For fiscal year 2023 it reported $181K in revenue, $182K in expenses, and $363K in net assets.Pt I

Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Walla Walla, WA
Filings
5 on file (2020–2023)
Revenue
$181KFY2023
Expenses
$182K
Net assets
$363K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-1705239 Public charity (501(c)(3)) Walla Walla, WA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports the Walla Walla County Fair by raising funds for operations, facility improvements, and youth programs.
Leadership
Travis Locke · President
Money in and out
$181K revenue, $182K expenses
Bottom line
95% program efficiency
Where the money goes · FY2023
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$182K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
17.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$181K
FY2023▼ -20%
Expenses
$182K
FY2023▲ +2%
Total assets
$363K
FY2023▲ +2%
Total liabilities
$0
FY2023
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$182K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1K
Total assetsPt X · Ln 16$363K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFrontier Days Foundation
EINHdr · item D91-1705239
Principal addressHdr · item CWalla Walla, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K20)
Ruling yearIRS BMFMay 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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
President
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Frontier Days Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $173K of program spending, described in the organization's own filed words · FY2023.
01

To promote and supplement the budget of the walla walla fair and frontier days through grants so it can operate the walla walla county annual fair and improve the facilities of the fair, which is accomplished through solicitation of public donations, fundraising activities and operation of the corral during the fair to cause increased…

$173Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$93K · 51%
Other revenue$87K · 48%
Investment income$910 · 1%
Contributions & grants51%$93K
Other revenue48%$87K
Investment income1%$910
Total revenueLn 12$181K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$173K
Management & general5%$9K
Total functional expensesLn 25$182K

Balance Sheet

Part X · end of year
CashLn 1$264K
Total assetsLn 16$363K
Total liabilitiesLn 26$0
Total net assetsLn 32$363K
Months of cash on handcomputed17.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $264K · Operating expenses/yr $182K
17.4 months
Where the money goes
Program services
Program services $173K · Total expenses $182K
95%
Management & General
Management & general $9K · Total expenses $182K
5%
Fundraising
Fundraising $0 · Total expenses $182K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $145K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $93K · Total revenue $181K
51%
Government reliance
Government grants — · Total revenue $181K
Earned-income share
Program service revenue $0 · Total revenue $181K
0%
Investment reliance
Investment income $910 · Total revenue $181K
+0.5%
Program self-sufficiency
Program service revenue $0 · Total expenses $182K
0%
Growth & trend
Revenue growth (YoY)
This year $181K · Prior year $227K
-20%
Net-asset trend (YoY)
End of year $363K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $181K · Expenses $182K
-0.7%
Liabilities-to-Assets
Total liabilities — · Total assets $363K
Net-asset ratio
Net assets $363K · Total assets $363K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $363K
0%
People & payroll
Highest Reported Total Compensation
Individual Travis Locke · Reported title President · Highest reported compensation $0 · Total expenses $182K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $182K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth -20%
Investment management fee ratio 0.2%
Legal fee ratio 0%
Accounting fee ratio 0.7%
Fundraising fee 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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$15K
Grants paid · 5 grants · $355K · 2021–2023
Walla Walla Fair & FrontierFY2023$125,759
Walla Walla Junior LivestockFY2023$6,630
Walla Walla Fair & FrontierFY2022$103,659
Walla Walla Junior LivestockFY2022$5,464
Walla Walla Fair & FrontierFY2021$113,120

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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
FY2024 (Latest)$138K revenue · ⤓ 990 PDF
FY2023$181K revenue · viewing · ⤓ 990 PDF
FY2022$227K revenue · ⤓ 990 PDF
FY2021$234K revenue · ⤓ 990 PDF
FY2020$97K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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