MARIPOSA FRIENDS OF THE FAIRGROUNDS FOUNDATION

EIN: 452737603 501(c)(3) Recreation & Sports

Mariposa, CA

Total Revenue
$216,844
Total Expenses
$155,236
Total Assets
$214,753
Net Assets
$214,753
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
Codie Hart
Phone
2097424680
Tax Period
2021-01-01 to 2021-12-31

MARIPOSA FRIENDS OF THE FAIRGROUNDS FOUNDATION, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $217K in total revenue in fiscal year 2021. Revenue surged 709% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 28% operating margin.

Mission

To preserve our western heritage and promote agricultural education through support of the Mariposa Fairgrounds, and to preserve the integrity, value and utility of our fairgrounds by providing for necessary maintenance, expansion and modernization. It is our intent to ensure that our fairgrounds continue to fulfill its many vital roles to preserve it for our mountain community.

Program Service Accomplishments

Program 1
Expenses: $8,524 Revenue: $16,999

Fair Beer Booth Sell beer as a fund raiser at the annual Fair as well as renew and get new memberships for the Friends of the Fairgrounds. Attendees 10,000 plus. Benefits the community by helping...

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Fair Beer Booth Sell beer as a fund raiser at the annual Fair as well as renew and get new memberships for the Friends of the Fairgrounds. Attendees 10,000 plus. Benefits the community by helping keep the fairgrounds operational. The fairgrounds is the sole venue for small and large events in our community.

Program 2
Expenses: $13,224 Revenue: $21,940

Contest for Rodeo Queen, Princess, Jr. Princess The contestants and winners are paraded at the annual County Fair with over 10,000 attendees. This promotes the Fairgrounds and keeps it in the public...

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Contest for Rodeo Queen, Princess, Jr. Princess The contestants and winners are paraded at the annual County Fair with over 10,000 attendees. This promotes the Fairgrounds and keeps it in the public view. The winners represent the community and the fairgrounds throughout the year by going to different events as Queen and Court.

Program 3
Expenses: $6,727 Revenue: $19,653

Sausage & Suds Fest A venue to sample beer and sausage, hold silent and live auctions. Attendees 300-350. Benefits the community to earn money to help keep the fairgrounds open for the community. All...

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Sausage & Suds Fest A venue to sample beer and sausage, hold silent and live auctions. Attendees 300-350. Benefits the community to earn money to help keep the fairgrounds open for the community. All our events allow our organization to receive money to donate to the Fairgrounds for maintenance and support.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $69,269
Program Service Revenue $0
Investment Income $61
Other Revenue $147,514
TOTAL REVENUE $216,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $123,638
Program Expenses $29,413
Other Expenses $155,236
TOTAL EXPENSES $155,236

Year-over-Year Comparison

2021 2020 Change
Revenue $216,844 $26,808 +7.1%
Expenses $155,236 $26,538 +4.8%
Net Income $61,608 $270 +227.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Codie Hart President 4
Director
$0 $0 $0
Karen Verdugo Treasurer 8
Director
$0 $0 $0
Christene Scott Secretary 3
Director
$0 $0 $0
William Arnold Vice-President 1
Director
$0 $0 $0
Sterling Cramer Board Member 1
Director
$0 $0 $0
Beverly Suggs Board Member 2.00
Director
$0 $0 $0
Kevin Shelton Board Member 2
Director
$0 $0 $0
Carol Suggs Board Member 2
Director
$0 $0 $0
Kaitlyn Casner Board Member 1
Director
$0 $0 $0
Danielle Wardle Board Member 1
Director
$0 $0 $0
Hanna Wackerman Board Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $216,844 $155,236 $214,753 $61,608
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