2025-05-30T08:06:12-05:00 2024-12-31 994625061 CRI ADVISORS PLLC 2805 N PARK DRIVE GOLDSBORO NC 27532 990 2024-01-01 566062547 WAYNE COUNTY LIVESTOCK ASSOCIATION INC WAYN 9197357277 PO BOX 1100 GOLDSBORO NC 275331100 VALERIE BARWICK SECRETRAY/TREASURER 9197357277 2025-05-28 1 1 JEANETTE SULLIVAN-BONTHUIS CPA P00532290 9197518297 2025-05-28 2024 2025-03-06 01:10:19Z DOUGLAS M HOOD PO BOX 1100 GOLDSBORO NC 275331100 1858494 0 X WWW.WAYNEFAIR.COM X 1949 NC LIVESTOCK AND AGRICULTURE EDUCATION 13 13 133 0 0 0 17037 263000 1322111 1288838 43575 84024 11080 10440 1393803 1646302 18000 23500 0 0 310056 350588 0 0 0 838284 770910 1166340 1144998 227463 501304 2395010 2897203 14143 15032 2380867 2882171 LIVESTOCK AND AGRICULTURE EDUCATION 0 0 761655 COUNTY FAIR PROVIDES OPPORTUNITY FOR JUDGING LIVESTOCK, POULTRY, ETC. AND OTHER EVENTS THAT PROMOTE AGRICULTURE. 118781 LIVESTOCK SHOW AND SALE OFFERS OPPORTUNITY FOR WAYNE COUNTY YOUTHS TO EXHIBIT AND SELL LIVESTOCK THEY HAVE RAISED. 22500 SCHOLARSHIPS ARE PAID TO STUDENTS WHO ARE STUDYING IN APPROVED COLLEGE AND AGRICULTURAL COURSES. 902936 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 133 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X L EDDIE PITZER 9197357277 PO BOX 1100 117 S WAYNE CO FAIR GOLDSBORO NC 27530 BILLY R THOMAS MEMBER 5.00 X 7401 0 0 MIKE SAULS MEMBER 5.00 X 0 0 0 RYAN ROBERSON MEMBER 5.00 X 0 0 0 LEE EDMUNDSON MEMBER 5.00 X 0 0 0 MICHAEL WILLIAMS MEMBER 5.00 X 0 0 0 JOHNNIE HOWARD MEMBER 5.00 X 0 0 0 STEFANI SYKES EX OFFICIO 2.00 X 0 0 0 AJ LINTON MEMBER 2.00 X 0 0 0 ERIC SHIVAR MEMBER 2.00 X 0 0 0 VALERIE BARWICK SEC/TRES 20.00 X 3600 0 0 ASHLEY GLOVER PRES 5.00 X 7200 0 0 JENNIFER JOHNSON 2ND VP 2.00 X 0 0 0 JOEY MCCULLEN 1ST VP 5.00 X 0 0 0 18201 0 0 0 0 0 0 0 250000 13000 263000 GATE 110000 613831 613831 CARNIVAL 110000 473920 473920 LIVESTOCK SALE 110000 84050 84050 SPONSOR 110000 59800 59800 SPACE RENTAL-FAIR 110000 46012 46012 11225 11225 1288838 61046 61046 9900 0 9900 9900 9900 235170 212192 22978 22978 22978 OTHER INCOME 110000 540 540 540 1646302 1383302 0 0 X 23500 23500 75800 44233 31567 248729 233153 15576 26059 22304 3755 18494 3278 15216 13065 2465 10600 9312 9312 54 54 40613 40613 14269 10784 3485 62879 44662 18217 6652 6652 14910 7077 7833 500 462 38 102234 51117 51117 41826 31112 10714 PROCEEDS TO OWNERS 85711 85711 REPAIRS & MAINTENANCE 57043 41044 15999 ENTERTAINMENT 49545 49545 EQUIPMENT RENTAL 48783 40536 8247 205020 164688 40332 1144998 902936 242062 0 58387 16954 126935 143910 2651915 1795644 919778 856271 1289910 1880068 2395010 2897203 4143 5032 10000 10000 14143 15032 X 2359867 2861171 21000 21000 2380867 2882171 2395010 2897203 501304 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 669196 475589 193607 1778734 1144393 634341 193985 175662 18323 0 856271 FAIR CARNIVAL DEPOSITS 10000 10000 X PART X, LINE 2: UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE, THE ASSOCIATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE ASSOCIATION HAS NO UNRELATED BUSINESS INCOME. THE ASSOCIATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024, THE ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 SCHOLARSHIP FOR STUDENTS 8 22500 FORM 990, PART VI, SECTION B, LINE 11B DRAFT IS EMAILED TO THE BOARD FOR REVIEW AND APPROVAL FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY TO DISCUSSED ANY KNOWN CONFLICTS AND TO ENSURE FAIR PRACTICES ARE BEING FOLLOWED. FORM 990, PART VI, SECTION B, LINE 15 BOARD DOES AN ANNUAL PERFORMANCE AND SALARY PACKAGE REVIEW FOR THE GENERAL MANAGER. BOARD APPROVES SALARIES FOR EXECUTIVE BOARD MEMBER ANNUALLY FORM 990, PART VI, SECTION C, LINE 19 TAX RETURNS ARE AVAILABLE THROUGH GUIDESTAR.ORG. THE FINANCIAL STATEMENTS ARE MADE PUBLIC AT THE ANNUAL MEETING. FORM 990, PART IX, LINE 24E OTHER EXPENSES: PROGRAM SERVICE EXPENSES 46,669. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,669. SUPPLIES: PROGRAM SERVICE EXPENSES 30,955. MANAGEMENT AND GENERAL EXPENSES 15,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,033. PREMIUMS: PROGRAM SERVICE EXPENSES 34,217. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,217. CONTRIBUTIONS: PROGRAM SERVICE EXPENSES 21,554. MANAGEMENT AND GENERAL EXPENSES 12,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,632. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 14,249. MANAGEMENT AND GENERAL EXPENSES 700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,949. SURVEY EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,684. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,684. COMMISSIONS: PROGRAM SERVICE EXPENSES 11,623. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,623. RIBBON/TROPHIES: PROGRAM SERVICE EXPENSES 2,826. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,826. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,550. MANAGEMENT AND GENERAL EXPENSES 519. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,069. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 845. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 845. BANK CHARGES: PROGRAM SERVICE EXPENSES 200. MANAGEMENT AND GENERAL EXPENSES 120. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 320. RIBBONS/TROPHIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 153. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 153.