FREDERICKSBURG AGRICULTURAL FAIR INC

EIN: 540495212 501(c)(3) Recreation & Sports

FREDERICKSBURG, VA

Total Revenue
$719,617
Total Expenses
$561,099
Total Assets
$853,853
Net Assets
$853,373
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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
VA
Principal Officer
TRAVIS BULLOCK
Phone
5403731294
Tax Period
2023-11-01 to 2024-10-31

FREDERICKSBURG AGRICULTURAL FAIR INC, founded in 1950, is a small nonprofit in the Recreation & Sports sector that reported $452K in total revenue in fiscal year 2017. Revenue decreased 8% compared to the prior year.

Mission

AGRICULTURAL FAIR

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,760
Program Service Revenue $488,597
Investment Income $0
Other Revenue $211,260
TOTAL REVENUE $719,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,449
Fundraising Expenses $0
Program Expenses $481,951
Other Expenses $448,650
TOTAL EXPENSES $561,099

Year-over-Year Comparison

2023 2022 Change
Revenue $719,617 $620,673 +0.2%
Expenses $561,099 $518,374 +0.1%
Net Income $158,518 $102,299 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
15
Employees
10
Volunteers
45

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
6
$13,662
Total Directors
17
$13,662
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY BULLOCK PART YR BOARD PART GENERAL MANAGER 10.00
Officer Director
$0 $0 $0
C TRAVIS BULLOCK PART YR MANAGER PART YR PRESIDENT 20.00
Officer Director
$13,662 $0 $13,662
JOHN MCCLEOD 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
FAYE HALL 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
FRAN MCCALLY TREASURER 5.00
Officer Director
$0 $0 $0
CAROL BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
WAYNES BROYLES BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE BULLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WAYNE EDWARDS BOARD MEMBER 1.00
Director
$0 $0 $0
PAT HURLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
PAM MCCLEOD BOARD MEMBER 1.00
Director
$0 $0 $0
LUKE OHLER BOARD MEMBER 1.00
Director
$0 $0 $0
SEAN QUINN BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY SULLIVAN BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
SHIRLEY BOGGS MEMBER EMERITUS 0.00
Director
$0 $0 $0
TERESA BULLOCK SECRETARY 1.00
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 $719,617 $561,099 $853,853 $158,518
2023 $618,353 $526,181 $687,846 $92,172
2023 $620,673 $518,374 $696,631 $102,299
2022 $499,634 $453,302 $592,607 $46,332
2021 $511,049 $402,468 $549,539 $108,581
2020 $111,935 $224,558 $437,418 $-112,623
2019 $479,422 $481,187 $549,166 $-1,765
2018 $452,074 $445,142 $550,931 $6,932
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