HENDERSON COUNTY FAIR INC

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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

1963

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

HENDERSON COUNTY FAIR INC, founded in 1963, is a small nonprofit that reported $203K in total revenue in fiscal year 2022. Expenses of $178K left a modest 12% surplus.

Mission

HENDERSON COUNTY FAIR INC PROVIDES OPPORTUNITY FOR COMMUNITY INVOLVEMENT WITH THE ORGANIZATION OF THE ANNUAL HENDERSON COUNTY FAIR, RODEO, LIVESTOCK SHOW AND AUCTION AND A BEAUTY PAGEANT.

Program Service Accomplishments

Program 1

Expenses: $178,459 Revenue: $203,230

HENDERSON COUNTY FAIR INC IS A NOT FOR PROFIT ORGANIZATION WHOSE PRIMARY PURPOSE AND MISSION IS TO ORGANIZE AND CONDUCT THE ANNUAL COUNTY FAIR IN HENDERSON KY. THE THREE PRIMARY FUND RAISING...

HENDERSON COUNTY FAIR INC IS A NOT FOR PROFIT ORGANIZATION WHOSE PRIMARY PURPOSE AND MISSION IS TO ORGANIZE AND CONDUCT THE ANNUAL COUNTY FAIR IN HENDERSON KY. THE THREE PRIMARY FUND RAISING ACTIVITIES ARE A RODEO, LIVESTOCK SHOW AND AUCTION AS WELL AS A BEAUTY PAGEANT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $203,230

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $203,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,459

Other Expenses $178,459

TOTAL EXPENSES $178,459

Year-over-Year Comparison

	2022	2021	Change
Revenue	$203,230	N/A	N/A
Expenses	$178,459	N/A	N/A
Net Income	$24,771	N/A	N/A

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LARRY CROXTON	DIRECTOR	Director	$0	$0	$0
CHARITY DARLING-NORMAN	DIRECTOR	Director	$0	$0	$0
CARLI EBLEN	SECRETARY	Officer	$0	$0	$0
HEATHER FEHD	TREASURER	Officer	$0	$0	$0
JONATHAN EBLEN	PRESIDENT	Officer	$0	$0	$0
LOUIS WEBER	VICE PRESIDENT	Officer	$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
2022	$203,230	$178,459	$67,935	$24,771