HOWARD COUNTY FAIR ASSOCIATION INC (EIN 526054858) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Phone

4104421022

Tax Period

2023-01-01 to 2023-12-31

HOWARD COUNTY FAIR ASSOCIATION INC, founded in 1947, is a community nonprofit in the Recreation & Sports sector that reported $1.4M in total revenue in fiscal year 2023. The organization ran a surplus of $599K, a strong 44% operating margin.

Mission

PROMOTION/EDUCATION OF AGRICULTURE

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $86,485

Program Service Revenue $787,120

Investment Income $100,108

Other Revenue $382,384

TOTAL REVENUE $1,356,097

Expense Breakdown

Grants Paid $2,641

Salaries & Benefits $63,901

Fundraising Expenses $0

Program Expenses $694,049

Other Expenses $690,607

TOTAL EXPENSES $757,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,356,097	$1,378,622	0.0%
Expenses	$757,149	$733,853	+0.0%
Net Income	$598,948	$644,769	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

550

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

$36,750

Total Directors

$36,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE BAUER	Treasurer	20.00	Officer Director	$36,750	$0	$36,750
TOM MULLINEX	Director	2.00	Director	$0	$0	$0
TIM FEAGA	President	2.00	Officer Director	$0	$0	$0
PATRICK THOMPSON	Director	2.00	Director	$0	$0	$0
MARY STREAKER	Director	0.00	Director	$0	$0	$0
BETH LANGVARDT	Director	2.00	Director	$0	$0	$0
BRUCE BRENDEL	Director	2.00	Director	$0	$0	$0
H MITCHELL DAY	Director	2.00	Director	$0	$0	$0
JAMES R MOXLEY IV	Vice President	2.00	Officer 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
2024	No data	No data	No data	No data
2023	$1,356,097	$757,149	$6,900,834	$598,948
2022	$1,378,622	$733,853	$6,303,802	$644,769
2021	$1,013,023	$629,925	$5,656,982	$383,098

HOWARD COUNTY FAIR ASSOCIATION INC