SOUTH FLORIDA FAIR & PALM BEACH COUNTY EXPOSITIONS INC

EIN: 590870057 501(c)(3) Recreation & Sports

WEST PALM BEACH, FL

Total Revenue
$24,711,036
Total Expenses
$20,625,989
Total Assets
$45,874,570
Net Assets
$39,904,875
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
FL
Principal Officer
MATTHEW WALLSMITH
Phone
5617930333
Tax Period
2024-07-01 to 2025-06-30

SOUTH FLORIDA FAIR & PALM BEACH COUNTY EXPOSITIONS INC, founded in 1976, is a mid-sized nonprofit in the Recreation & Sports sector that reported $24.7M in total revenue in fiscal year 2024. The organization ran a surplus of $4.1M, a strong 17% operating margin.

Mission

THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS A NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PRESERVE AND PROMOTE THE AGRICULTURAL, TRADE, ENTERTAINMENT AND HISTORICAL HERITAGE OF OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $16,212,906 Revenue: $22,662,225

THE PRIMARY PURPOSE OF THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS TO PRODUCE THE ANNUAL SOUTH FLORIDA FAIR. THE FAIR IS A STATE CHARTERED DISTRICT AGRICULTURAL FAIR SHOWCASING...

Read more

THE PRIMARY PURPOSE OF THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS TO PRODUCE THE ANNUAL SOUTH FLORIDA FAIR. THE FAIR IS A STATE CHARTERED DISTRICT AGRICULTURAL FAIR SHOWCASING THE SOUTH FLORIDA AREA. THE FAIR ACCEPTS ENTRIES INTO ITS AGRICULTURAL AND EDUCATIONAL COMPETITIONS FROM THE FIVE COUNTIES THAT IT IS CHARTERED TO SERVE: PALM BEACH, MARTIN, BROWARD, OKEECHOBEE AND HENDRY. WITH THE EVOLVING NATURE OF THE AGRICULTURAL INDUSTRY IN FLORIDA, WE ALSO ENCOURAGE YOUTH IN 18 FLORIDA COUNTIES TO BECOME INVOLVED IN OUR COMPETITIVE LIVESTOCK AND AGRICULTURE PROGRAMS. THROUGH THIS OUTREACH, WE HOPE TO PROMOTE THE GROWTH OF SUCH PROGRAMS THROUGHOUT FLORIDA. HIGHLIGHTS ARE A LIVESTOCK DISPLAY ENCOMPASSING OVER EIGHT ACRES, A YOUTH HORTICULTURAL DISPLAY, HUNDREDS OF YOUTH 4H AND FFA EXHIBITS AND SEVERAL PROGRAMS WHICH CONCENTRATE ON THE YOUTH OF OUR AREA THROUGH COOPERATION WITH THE LOCAL SCHOOL DISTRICT.THROUGHOUT THE REMAINDER OF THE CALENDAR YEAR, THE FAIRGROUNDS OFFERS ITS FACILITIES TO VARIOUS GROUPS AND ORGANIZATIONS WHOSE EMPHASIS IS THE BETTERMENT OF THE COMMUNITY, INCLUDING THE SCHOOL DISTRICT SCIENCE FAIR, THE SCHOOL DISTRICT'S COLLEGE AND CAREER NIGHTS, PALM BEACH COUNTY SHERIFF'S DEPARTMENT, FLORIDA NURSERY GROWER'S ASSOCIATION, AND THE DEPARTMENT OF AGRICULTURE TO NAME A FEW. THE FAIR ALSO PROVIDES SEVERAL EDUCATIONAL OPPORTUNITIES TO LOCAL ELEMENTARY SCHOOL STUDENTS. THESE INCLUDE SCHOOL TOURS HIGHLIGHTING THE HISTORY OF EARLY FLORIDA IN THE FAIR'S YESTERYEAR VILLAGE, SCHOOL TOURS OF THE FAIR'S EXTENSIVE AGRICULTURAL EXHIBITS DURING THE ANNUAL SOUTH FLORIDA FAIR, PROGRAMS IN EMBRIOLOGY AND A PROGRAM THAT ENCOURAGES STUDENTS TO READ BOOKS ABOUT AGRICULTURE OR WITH THEMES THAT CENTER ON AGRICULTURE. FINALLY, THE FAIR ASSISTS LOCAL YOUTH THROUGH ITS SCHOLARSHIP FUND, WHICH SINCE THE EARLY 1980'S, HAS SUPPLIED OVER $700,000 IN GRANTS TO WORTHWHILE STUDENTS. GRANTS PAID FOR THE CURRENT YEAR TOTALED $94,000.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $212,694
Program Service Revenue $22,288,433
Investment Income $799,669
Other Revenue $1,410,240
TOTAL REVENUE $24,711,036

Expense Breakdown

Grants Paid $94,000
Salaries & Benefits $6,588,362
Fundraising Expenses $0
Program Expenses $16,212,906
Other Expenses $13,943,627
TOTAL EXPENSES $20,625,989

Year-over-Year Comparison

2024 2023 Change
Revenue $24,711,036 $24,788,757 0.0%
Expenses $20,625,989 $20,313,295 +0.0%
Net Income $4,085,047 $4,475,462 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
566
Volunteers
600

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
7
$264,065
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA ISIMINGER CHAIR 5.00
Officer Director
$0 $0 $0
THERESA LEPORE VICE CHAIR 5.00
Officer Director
$0 $0 $0
PAUL ALLEN TREASURER 5.00
Officer Director
$0 $0 $0
DAVID J DEMAY SECRETARY 2.00
Officer Director
$0 $0 $0
ROBERT WEISMAN IMMEDIATE PAST CHAIR 5.00
Officer Director
$0 $0 $0
MABEL DATENA TRUSTEE 2.00
Director
$0 $0 $0
DONALD P DUFRESNE TRUSTEE 2.00
Director
$0 $0 $0
PATRICK FRANKLIN TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL E GAUGER TRUSTEE 2.00
Director
$0 $0 $0
GLENN JERGENSEN TRUSTEE 2.00
Director
$0 $0 $0
KEVIN MCGINLEY TRUSTEE 2.00
Director
$0 $0 $0
GREG RICE TRUSTEE 2.00
Director
$0 $0 $0
JOHN M SEVERSON TRUSTEE 2.00
Director
$0 $0 $0
ROBERT D SHORR TRUSTEE 2.00
Director
$0 $0 $0
KELLY SMALLRIDGE TRUSTEE 2.00
Director
$0 $0 $0
KEITH WEDGWORTH TRUSTEE 2.00
Director
$0 $0 $0
DONNA WINTERSON TRUSTEE 2.00
Director
$0 $0 $0
MATTHEW WALLSMITH PRESIDENT/CEO 40.00
Officer
$224,408 $39,657 $264,065
LANCE C FUCHS GENERAL COUNSEL/ASSISTANT SECRETARY 5.00
Officer
$0 $0 $0
SHAMEL JALAHEJ CFO 40.00
Highest
$117,502 $13,124 $130,626
BECKY BRASHEAR DIR. OF BUSINESS DEVELOPME 40.00
Highest
$120,843 $10,507 $131,350
RITA DEMIER DIR. OF BRAND DEVELOPMENT 40.00
Highest
$115,723 $19,364 $135,087
ANABELL MANNERS EXPO SALES MANAGER 40.00
Highest
$105,890 $10,141 $116,031
THERESA AGRICOLA SPONSORSHIP MANAGER 40.00
Highest
$100,411 $19,357 $119,768
ALEX RODRIGUEZ DIR. OF OPERATIONS 40.00
Highest
$109,018 $15,523 $124,541
VICTORIA CHOURIS FORMER PRESIDENT/CEO 40.00
$174,800 $6,038 $180,838
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
2025 $24,711,036 $20,625,989 $45,874,570 $4,085,047
2024 $24,788,757 $20,313,295 $42,518,193 $4,475,462
2023 $24,501,820 $19,165,734 $38,307,019 $5,336,086
2022 $19,368,883 $16,648,555 $33,918,322 $2,720,328
2021 $15,373,950 $14,038,200 $32,703,938 $1,335,750
2020 $16,387,036 $15,884,796 $31,644,888 $502,240
2019 $15,498,367 $15,823,500 $30,838,367 $-325,133
2018 $17,008,100 $16,105,323 $32,010,020 $902,777
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTH FLORIDA FAIR & PALM BEACH COUNTY EXPOSITIONS INC with other nonprofits in Florida and across the country.