HYDRO DISTRICT FREE FAIR INC

EIN: 900535424 501(c)(3) Recreation & Sports

HYDRO, OK

Total Revenue
$218,828
Total Expenses
$247,400
Total Assets
$267,085
Net Assets
$200,624
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OK
Principal Officer
DONNA LAWLES
Phone
4055427648
Tax Period
2021-01-01 to 2021-12-31

HYDRO DISTRICT FREE FAIR INC, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $219K in total revenue in fiscal year 2021. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $247K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE ORGANIZATION OPERATES THE HYDRO DISTRICT FREE FAIR. REVENUES COME FROM THE CAKE AUCTION,PUBLIC DONATIONS, AND SALES TAX ALLOCATED FROM CADDO COUNTY, OKLAHOMA.THE PORTION OF THE FAIR THAT IS OPERATED BY THIS ENTITY INCLUDES EXHIBITS AND LIVESTOCK AND COMMODITIES COMPETITIONS. THE ORGANIZATION PROVIDES PRIZES TO COMPETITION WINNERS, ARRANGES JUDGES FOR COMPETITION, AND PROVIDES ADVERTISING FOR THE FAIR. ALL LABOR IS ON A VOLUNTEER BASIS, SO THERE ARE NO WAGES.THE ORGANIZATION ACCUMULATES MONEY FROM THE OPERATION EACH YEAR TO BUILD NEW FAIR BUILDINGS, WHICH ARE THEN DONATED TO THE TOWN OF HYDRO. IT ALSO DONATES MONEY TO THE HYDRO AMUSEMENT COMPANY TO BUY NEW RIDES FOR THE FAIR. THE ACTIVITY HAS BEEN OPERATED FOR 115 YEARS. THIS ACCOUNTS FOR 100% OF THE ORGANIZATION'S ACTIVITIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $218,189
Program Service Revenue $0
Investment Income $639
Other Revenue $0
TOTAL REVENUE $218,828

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $247,400
Other Expenses $247,400
TOTAL EXPENSES $247,400

Year-over-Year Comparison

2021 2020 Change
Revenue $218,828 $113,839 +0.9%
Expenses $247,400 $106,035 +1.3%
Net Income $-28,572 $7,804 -4.7%
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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Governance

Voting Members
8
Independent Members
N/A
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA LAWLES Treasurer 0.00
Director
$0 $0 $0
CHARLIE WIELAND President 0.00
Director
$0 $0 $0
SUSAN KIMBLE Secretary 0.00
Director
$0 $0 $0
SETH UNRUH Director 0.00
Director
$0 $0 $0
CHRIS KLAASSEN Director 0.00
Director
$0 $0 $0
DARREN YORK Director 0.00
Director
$0 $0 $0
SHAWN WYATT Director 0.00
Director
$0 $0 $0
BEN WARNER 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
2021 $218,828 $247,400 $267,085 $-28,572
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