WORLD CHICKEN FESTIVAL INC ASSOCIATION INC

EIN: 611243017 Recreation & Sports

LONDON, KY

Total Revenue
$315,215
Total Expenses
$248,772
Total Assets
$132,363
Net Assets
$132,363
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
KY
Principal Officer
TIM MCFADDEN
Phone
6068786900
Tax Period
2023-01-01 to 2023-12-31

WORLD CHICKEN FESTIVAL INC ASSOCIATION INC, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $315K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 21% operating margin.

Mission

A FESTIVAL WAS HELD ON THE STREETS OF LONDON KENTUCKY PROMOTING AND ENCOURAGING FELLOWSHIP AMONG PATRONS, VISITORS, AND CITIZENS.

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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 $0
Program Service Revenue $315,114
Investment Income $101
Other Revenue $0
TOTAL REVENUE $315,215

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $240,596
Other Expenses $248,772
TOTAL EXPENSES $248,772

Year-over-Year Comparison

2023 2022 Change
Revenue $315,215 $261,271 +0.2%
Expenses $248,772 $300,484 -0.2%
Net Income $66,443 $-39,213 -2.7%
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

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ABNER TRUSTEE N/A
Director
$0 $0 $0
NORMAN ALLEN TRUSTEE N/A
Director
$0 $0 $0
DARRELL BARTON TRUSTEE N/A
Director
$0 $0 $0
DOUG BENNETT TRUSTEE N/A
Director
$0 $0 $0
CANER CORNETT DIRECTOR N/A
Director
$0 $0 $0
KIM CORNETT TRUSTEE N/A
Director
$0 $0 $0
BERRY CUPP TRUSTEE N/A
Director
$0 $0 $0
BILL DEZARN TRUSTEE N/A
Director
$0 $0 $0
STEVE EDGE TRUSTEE N/A
Director
$0 $0 $0
JIM HANDY TRUSTEE N/A
Director
$0 $0 $0
THOMAS HANDY TRUSTEE N/A
Director
$0 $0 $0
DOUG HARRIS DIRECTOR N/A
Director
$0 $0 $0
DEANNA HERRMAN TRUSTEE N/A
Director
$0 $0 $0
LARRY VAN HOOK TRUSTEE N/A
Director
$0 $0 $0
DEREK HOUSE TRUSTEE N/A
Director
$0 $0 $0
DOUG HUFZIGER TRUSTEE N/A
Director
$0 $0 $0
DANA JOHNSON TRUSTEE N/A
Director
$0 $0 $0
GENE KENNEDY TRUSTEE N/A
Director
$0 $0 $0
LAWRENCE KUHL TRUSTEE N/A
Director
$0 $0 $0
LONNIE MARCUM TRUSTEE N/A
Director
$0 $0 $0
DONNA MCCLURE TRUSTEE N/A
Director
$0 $0 $0
JOY MCFADDEN TRUSTEE N/A
Director
$0 $0 $0
JAMIE MILLS TRUSTEE N/A
Director
$0 $0 $0
JAMIE MOSLEY TRUSTEE N/A
Director
$0 $0 $0
JUDY NICHOLSON VICE PRESIDE N/A
Director
$0 $0 $0
WILLIE SAWYERS TRUSTEE N/A
Director
$0 $0 $0
PEGGY SCOTT TRUSTEE N/A
Director
$0 $0 $0
KACY THOMAS TRUSTEE N/A
Director
$0 $0 $0
JEANINE THURSTON TRUSTEE N/A
Director
$0 $0 $0
BRIDGETT TURNER PRESIDENT N/A
Director
$0 $0 $0
DAVID VAUGHN TRUSTEE N/A
Director
$0 $0 $0
LAURA WALDEN TRUSTEE N/A
Director
$0 $0 $0
DAVID WESTERFIELD TRUSTEE N/A
Director
$0 $0 $0
BRUCE YANDELL TRUSTEE N/A
Director
$0 $0 $0
BRIDGETT GAMBREL VICE PRESIDE N/A
Officer
$0 $0 $0
TIM MCFADDEN TRUSTEE N/A
Officer
$0 $0 $0
ANGELIQUE REAMS SEC/TREAS N/A
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $315,215 $248,772 $132,363 $66,443
2022 $261,271 $300,484 $65,956 $-39,213
2021 $235,701 $192,302 $105,169 $43,399
2020 $21,058 $30,069 $61,770 $-9,011
2019 $218,475 $202,190 $70,781 $16,285
2018 $235,360 $212,940 $54,496 $22,420
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