CENTRAL WASHINGTON FAIR ASSOCIATION

EIN: 910171268 501(c)(3) Recreation & Sports

YAKIMA, WA

Total Revenue
$6,187,613
Total Expenses
$5,554,133
Total Assets
$7,472,241
Net Assets
$7,110,936
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
WA
Principal Officer
KATHLEEN M KRAMER
Phone
5092487160
Tax Period
2024-01-01 to 2024-12-31

CENTRAL WASHINGTON FAIR ASSOCIATION, founded in 1939, is a community nonprofit in the Recreation & Sports sector that reported $6.2M in total revenue in fiscal year 2024. Expenses of $5.6M left a modest 10% surplus.

Mission

PRODUCE AN ANNUAL AGRICULTURAL FAIR AND DEVELOP YEAR-AROUND USE OF FACILITIES. (SEE SCHEDULE O)WITH A COMMITMENT TO:- PRESERVE AND DEVELOP OUR HISTORIC GROUNDS AND YEAR-ROUND MULTI-USE FACILITIES;- OFFER QUALITY AND DIVERSITY OF ENTERTAINMENT, SPORTS, AND EDUCATION;- PROVIDE A SAFE, FRIENDLY, AND ENJOYABLE ENVIRONMENT;- ACKNOWLEDGE THE INVOLVEMENT OF DEDICATED PEOPLE AND GROUPS;- BUILD ON THE TRADITION OF OUR FIRST 100 YEARS FOR FUTURE GENERATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $84,516
Program Service Revenue $5,894,382
Investment Income $167,704
Other Revenue $41,011
TOTAL REVENUE $6,187,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,155,117
Fundraising Expenses $0
Program Expenses $4,163,113
Other Expenses $3,399,016
TOTAL EXPENSES $5,554,133

Year-over-Year Comparison

2024 2023 Change
Revenue $6,187,613 $5,871,840 +0.1%
Expenses $5,554,133 $5,320,864 +0.0%
Net Income $633,480 $550,976 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
10
Independent Members
10
Employees
295
Volunteers
1876

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
5
$241,704
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAVONNE ORTH CHAIR 5.00
Officer Director
$0 $0 $0
IGNACIO MARQUEZ VICE CHAIR 5.00
Officer Director
$0 $0 $0
VICKI BAKER SECRETARY 5.00
Officer Director
$0 $0 $0
SCOTT WAGNER TREASURER 5.00
Officer Director
$0 $0 $0
TOM STOKES DIRECTOR 5.00
Director
$0 $0 $0
HALLEY NEWHOUSE DIRECTOR 5.00
Director
$0 $0 $0
OSCAR ZAPIEN DIRECTOR 5.00
Director
$0 $0 $0
DON WHITEHOUSE DIRECTOR 5.00
Director
$0 $0 $0
CHRIS CORRY DIRECTOR 5.00
Director
$0 $0 $0
ADAM DOLSEN DIRECTOR 5.00
Director
$0 $0 $0
KATHLEEN M KRAMER PRESIDENT/CEO 40.00
Officer
$225,185 $16,519 $241,704
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
2024 $6,187,613 $5,554,133 $7,472,241 $633,480
2023 $5,871,840 $5,320,864 $6,863,662 $550,976
2022 $6,535,206 $5,567,890 $6,553,430 $967,316
2021 $6,100,925 $4,412,230 $5,361,375 $1,688,695
2021 $6,079,435 $4,416,390 $5,335,725 $1,663,045
2020 $1,443,201 $2,234,164 $3,891,568 $-790,963
2019 $4,923,748 $5,484,791 $4,673,760 $-561,043
2018 $5,824,020 $5,594,855 $5,324,612 $229,165
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