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Grayson County Fair Inc

Organization summary

Type of Nonprofit

Designated as a Labor, agricultural and horticultural organizations that are educational or instructive, including unions, created for the purpose of improving conditions of work, and products of efficiency.

Donations to this organization are not tax deductible.

Details

According to its Sept. 2024 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$313k (2024)

Expenses
$293k (2024)

Total Assets
$232k (2024)

Total Liabilities
$37.1k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$312,846
Expenses
$292,631
Net Income
$20,215
Net Assets
$194,888
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
0.8%
Program Services $295,321
94.4%
Investment Income $3,006
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,019
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $231,943
Total Liabilities $37,055
Net Assets $194,888
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Blake Aubrey (Director) $0 $0 $0
Billy Dallas (Director) $0 $0 $0
Cameron Decker (Alternate Di) $0 $0 $0
Keith Galloway (Director) $0 $0 $0
Keith Jones (Director) $0 $0 $0
Jayme Pharis Owens (Director) $0 $0 $0
Brian Pierce (Director) $0 $0 $0
Rhonda White (Director) $0 $0 $0
Wes Whitmore (Director) $0 $0 $0
Adam Williams (Director) $0 $0 $0
Todd Cave (Secretary) $0 $0 $0
Tyler Harrell (Vice Preside) $0 $0 $0
Kevin Pharis (President) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$322,921
Expenses
$271,607
Net Income
$51,314
Net Assets
$174,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,879
1.2%
Program Services $298,099
92.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,943
6.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $227,113
Total Liabilities $52,440
Net Assets $174,673
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Blake Aubrey (Director) $0 $0 $0
Richard Embry (Director) $0 $0 $0
Keith Galloway (Director) $0 $0 $0
Tyler Harrell (Director) $0 $0 $0
Jayme Pharis (Director) $0 $0 $0
Kevin Pharis (Director) $0 $0 $0
Brian Pierce (Director) $0 $0 $0
Rhonda White (Director) $0 $0 $0
Adam Williams (Director) $0 $0 $0
Todd Cave (Secretary) $0 $0 $0
Keith Jones (Vice Preside) $0 $0 $0
Tony Swift (President) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,740
Expenses
$222,306
Net Income
$32,434
Net Assets
$123,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,928
1.5%
Program Services $243,339
95.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,473
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $192,466
Total Liabilities $69,107
Net Assets $123,359
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Blake Aubrey (Director) $0 $0 $0
Richard Embry (Director) $0 $0 $0
Keith Galloway (Alt Director) $0 $0 $0
Tyler Harrell (Director) $0 $0 $0
Jayme Pharis (Director) $0 $0 $0
Kevin Pharis (Director) $0 $0 $0
Brian Pierce (Director) $0 $0 $0
Rhonda White (Director) $0 $0 $0
Adam Williams (Director) $0 $0 $0
Todd Cave (Secretary) $0 $0 $0
Keith Jones (Vice Preside) $0 $0 $0
Tony Swift (President) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$222,279
Expenses
$181,916
Net Income
$40,363
Net Assets
$90,925
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $205,898
92.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,381
7.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $171,698
Total Liabilities $80,773
Net Assets $90,925
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Director) $0 $0 $0
Jerrod Beatty (Director) $0 $0 $0
Dwight Embry (Director) $0 $0 $0
Richard Embry (Director) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Tyler Harrell (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Kevin Pharis (Director) $0 $0 $0
David Roof (Alt Director) $0 $0 $0
Todd Cave (Secretary) $0 $0 $0
Keith Jones (Vice Preside) $0 $0 $0
Tony Swift (President) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$41,535
Expenses
$71,768
Net Income
-$30,233
Net Assets
$50,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,292
3.1%
Program Services $24,835
59.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,408
37.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $148,835
Total Liabilities $98,273
Net Assets $50,562

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$275,695
Expenses
$250,423
Net Income
$25,272
Net Assets
$80,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
0.9%
Program Services $252,364
91.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,831
7.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $184,902
Total Liabilities $104,107
Net Assets $80,795
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Director) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Richard Embry (Director) $0 $0 $0
Kevin Pharis (Director) $0 $0 $0
Bruce White (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Todd Cave (Director) $0 $0 $0
David Roof (Alt Director) $0 $0 $0
Tyler Harrell (Director) $0 $0 $0
Jerrod Beatty (Director) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0
Keith Jones (Vice Preside) $0 $0 $0
Dwight Embry (Secretary) $0 $0 $0
Tony Swift (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$272,506
Expenses
$253,935
Net Income
$18,571
Net Assets
$55,523
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,227
1.6%
Program Services $253,473
93.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,806
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $192,190
Total Liabilities $136,667
Net Assets $55,523
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Director) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Keith Jones (Director) $0 $0 $0
Bruce White (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Todd Cave (Director) $0 $0 $0
Tony Swift (Director) $0 $0 $0
David Roof (Alt Director) $0 $0 $0
Tyler Harrell (Director) $0 $0 $0
Jerrod Beatty (Director) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0
Richard Embry (Vice Preside) $0 $0 $0
Kevin Pharis (President) $0 $0 $0
Dwight Embry (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,976
Expenses
$66,596
Net Income
-$63,620
Net Assets
$36,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,516
> 100%
Program Services -$5,840
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,300
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $176,952
Total Liabilities $140,000
Net Assets $36,952
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Director) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Keith Jones (Director) $0 $0 $0
Bruce White (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Todd Cave (Director) $0 $0 $0
Tony Swift (Director) $0 $0 $0
David Roof (Alt Director) $0 $0 $0
Tyler Harrell (Director) $0 $0 $0
Jerrod Beatty (Director) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0
Richard Embry (Vice Preside) $0 $0 $0
Kevin Pharis (President) $0 $0 $0
Dwight Embry (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,051
Expenses
$63,502
Net Income
-$3,451
Net Assets
$100,572
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $48,900
81.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,151
18.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $240,572
Total Liabilities $140,000
Net Assets $100,572
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Alt Director) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Keith Jones (Director) $0 $0 $0
Bruce White (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Todd Cave (Alt Director) $0 $0 $0
Tony Swift (Director) $0 $0 $0
David Roof (Alt Director) $0 $0 $0
Tyler Harrell (Alt Director) $0 $0 $0
Jerrod Beatty (Alt Director) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0
Richard Embry (Vice Preside) $0 $0 $0
Kevin Pharis (President) $0 $0 $0
Dwight Embry (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$72,977
Expenses
$72,410
Net Income
$567
Net Assets
$104,023
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,500
4.8%
Program Services $59,563
81.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,914
13.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $255,690
Total Liabilities $151,667
Net Assets $104,023
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Alt Director) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Keith Jones (Director) $0 $0 $0
Bruce White (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Todd Cave (Alt Director) $0 $0 $0
Tony Swift (Alt Director) $0 $0 $0
Eric Puckett (Director) $0 $0 $0
Tyler Harrell (Alt Director) $0 $0 $0
Jerrod Beatty (Alt Director) $0 $0 $0
William Thomason (Treasurer) $0 $0 $0
Richard Embry (Vice Preside) $0 $0 $0
Kevin Pharis (President) $0 $0 $0
Dwight Embry (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,666
Expenses
$76,961
Net Income
-$23,295
Net Assets
$103,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,745
57.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,921
42.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $268,456
Total Liabilities $165,000
Net Assets $103,456
Compensation
Key Employees and Officers Compensation Related Other
Alden J Alley (Alt Director) $0 $0 $0
Keith Jones (Director) $0 $0 $0
Kevin Pharis (President) $0 $0 $0
Bruce White (Director) $0 $0 $0
Joseph Higdon (Director) $0 $0 $0
Todd Cave (Alt Director) $0 $0 $0
Dwight Embry (Director) $0 $0 $0
Ken Yeiser (Alt Director) $0 $0 $0
Tony Swift (Alt Director) $0 $0 $0
Eric Puckett (Director) $0 $0 $0
William Thomason (Sec/Treas) $0 $0 $0
Darrell Harrell (Director) $0 $0 $0
Richard Embry (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$67,667
Expenses
$71,523
Net Income
-$3,856
Net Assets
$126,751
Notable Sources of Revenue Percent of Total Revenue
Contributions $400
0.6%
Program Services $56,046
82.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,221
16.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $261,826
Total Liabilities $135,075
Net Assets $126,751

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,392
Expenses
$71,744
Net Income
-$31,352
Net Assets
$130,607
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,923
64.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,469
35.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $260,607
Total Liabilities $130,000
Net Assets $130,607

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,171
Expenses
$68,183
Net Income
-$19,012
Net Assets
$161,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $40,165
81.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,006
18.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $301,959
Total Liabilities $140,000
Net Assets $161,959

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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