CHESTERFIELD COUNTY FAIR ASSOCIATION

EIN: 540760765 501(c)(3) Recreation & Sports

CHESTERFIELD, VA

Total Revenue
$718,526
Total Expenses
$738,313
Total Assets
$821,250
Net Assets
$821,250
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Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
VA
Phone
8046980857
Tax Period
2023-01-01 to 2023-12-31

CHESTERFIELD COUNTY FAIR ASSOCIATION, founded in 1914, is a small nonprofit in the Recreation & Sports sector that reported $719K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

PLAN DEVELOP AND PUT ON AN ANNUAL AGRICUTURAL FAIR THAT EDUCATES AND ENTERTAINS THE GENERAL PUBLIC

Program Service Accomplishments

Program 1
Expenses: $405,634 Revenue: $0

OTHER PROGRAM EXPENSES INCUR THE ACTUAL EXPE NSES OF PRODUCING RUNNING AND MAINTAING THE FAIR GROUNDS DURING THE FAIR PROVIDING SECURITY AND ADVERTISING DURING THE 9 DAY FAIR. ALL ADMINISTRATIVE...

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OTHER PROGRAM EXPENSES INCUR THE ACTUAL EXPE NSES OF PRODUCING RUNNING AND MAINTAING THE FAIR GROUNDS DURING THE FAIR PROVIDING SECURITY AND ADVERTISING DURING THE 9 DAY FAIR. ALL ADMINISTRATIVE ACCOUNTING LEGAL AND CONFERENCES INVOLVED IN PLANNING GROUND IMPROVEMENTS & SPACE FEES.

Program 2
Expenses: $178,176 Revenue: $0

SPECIAL ATTRACTIONS FOR ALL AGES CHAIN SAW ARTS&CRAFTS BINGO CAMEL & PONY RIDES HYPNOTIST SHOW AGICADABRA SHOW BARREL TRAIN PIRATE SHOW COWBOY ROPING AXE THROWING ALLIGATOR SHOW ILLUSIONISTS HERTIAGE...

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SPECIAL ATTRACTIONS FOR ALL AGES CHAIN SAW ARTS&CRAFTS BINGO CAMEL & PONY RIDES HYPNOTIST SHOW AGICADABRA SHOW BARREL TRAIN PIRATE SHOW COWBOY ROPING AXE THROWING ALLIGATOR SHOW ILLUSIONISTS HERTIAGE VILLAGE CIV,IL WAR DISPLAY INDIAN TEEPEE SHANTY TOWN MUSIC KIDDIE RIDES PETTING ZOO MECHANICAL BULL RODEO HORSE SHOW LAWN MOWER RACES HOTWHEEL KID TRUCK RODEO ALL SPECIAL ATTRACTIONS ARE INCLUDED IN THE GATE ADMISSION.

Program 3
Expenses: $16,077 Revenue: $0

SCHOLARSHIP AWARD WAS HELD AND OPEN TO ALL GRADUATING HIGH SCHOOL SENIORS OF CHESTERFIELD COUNTY. PAGEANT WAS HELD DURING THE FAIR

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,452
Program Service Revenue $716,727
Investment Income $347
Other Revenue $0
TOTAL REVENUE $718,526

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,600
Fundraising Expenses $0
Program Expenses $599,887
Other Expenses $710,713
TOTAL EXPENSES $738,313

Year-over-Year Comparison

2023 2022 Change
Revenue $718,526 $662,924 +0.1%
Expenses $738,313 $319,236 +1.3%
Net Income $-19,787 $343,688 -1.1%
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
13
Independent Members
13
Employees
N/A
Volunteers
140

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
4
$10,600
Total Directors
10
$2,000
Key Employees
1
$2,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Lynn President 1.00
Officer
$0 $0 $0
DEBRA KNESAL VICE PRESIDENT 0.00
Officer
$600 $0 $600
LORIE LYTHGOE TREASURER 0.00
Officer
$5,000 $0 $5,000
DONNIE YANCEY SECRETARY 0.00
Officer
$5,000 $0 $5,000
BRENDA WHITE VAUGHN DIRECTOR 0.00
Highest
$15,000 $0 $15,000
DANA GEDDES DIRECTOR 0.00
Director
$0 $0 $0
BRANDON CHESTER DIRECTOR 0.00
Director
$0 $0 $0
GREG PETRELLA DIRECTOR 0.00
Director
$0 $0 $0
DUSTIN HORTON DIRECTOR 0.00
Director
$0 $0 $0
JAMES VERLANDER DIRECTOR 0.00
Director
$0 $0 $0
PAUL DIMING DIRECTOR 0.00
Director
$0 $0 $0
CARY ALLEN DIRECTOR INDOOR MGR 0.00
Director Key Emp
$2,000 $0 $2,000
TARA CARROL DIRECTOR 0.00
Director
$0 $0 $0
LORNA THWAITES DIRECTOR 0.00
Director
$0 $0 $0
STEPHANIE RECTOR DIRECTOR 0.00
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
2023 $718,526 $738,313 $821,250 $-19,787
2022 $662,924 $319,236 $841,037 $343,688
2021 $460,001 $254,915 $482,949 $205,086
2020 $3,828 $48,133 $344,705 $-44,305
2019 $486,001 $386,061 $392,757 $99,940
2018 $417,300 $393,792 $292,230 $23,508
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