Nonprofit · EIN 27-5044333
VALLEY FEST INC
Tax-exempt · DUNLAP, TN 37327
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $96,728 | $106,790 | -$10,062 | $385,925 | $0 | $385,925 |
| June 30, 2024 | 990-EZ | $96,728 | $107,580 | -$10,852 | $395,987 | $0 | $395,987 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $75,820
- Net income from fundraising events
- $20,908
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,631
- Occupancy
- $2,807
- Printing, publications and postage
- $3,289
- Other expenses
- $99,063
- Program services (functional)
- $380,543
Balance sheet and other
- Total assets, start of year
- $395,987
- Total assets, end of year
- $385,925
- Total liabilities, end of year
- $0
- Net assets, end of year
- $385,925
- Cash, savings and investments
- $5,423
- Land and buildings
- $370,958
- Gross receipts
- $96,728
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC REED | CHAIRMAN | 5 | $0 |
| MARLENE BASHAM | SECRETARY TREASURER | 5 | $0 |
| CHARLIE BORING | BOARD MEMBER | 1 | $0 |
| ANNETTE BROWN | BOARD MEMBER | 1 | $0 |
| JAKEY COOLEY | BOARD MEMBER | 1 | $0 |
| RONALD FOLLETT | BOARD MEMBER | 1 | $0 |
| CLINT HUTH | BOARD MEMBER | 1 | $0 |
| ZACH OLENDORF | BOARD MEMBER | 1 | $0 |
| WINSTON PICKETT | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC REED | CHAIRMAN | 5 | $0 |
| MARLENE BASHAM | SECRETARY TREASURER | 5 | $0 |
| CHARLIE BORING | BOARD MEMBER | 1 | $0 |
| ANNETTE BROWN | BOARD MEMBER | 1 | $0 |
| JAKEY COOLEY | BOARD MEMBER | 1 | $0 |
| RONALD FOLLETT | BOARD MEMBER | 1 | $0 |
| CLINT HUTH | BOARD MEMBER | 1 | $0 |
| ZACH OLENDORF | BOARD MEMBER | 1 | $0 |
| WINSTON PICKETT | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 287 PINE ST, DUNLAP, TN 37327-3001
- In care of
- % ERIC REED
- Mailing address (990-N for 2011)
- 15643 Rankin Ave, Dunlap TN 37327
- Principal officer (990-N for 2011)
- Winston Pickett, 235 Lang Road, Dunlap TN 37327
- Signed the 990-EZ
- ERIC REED, CHAIRMAN
- Phone
- (423) 618-2849
- Website
- valleyfestonline.com
- Return prepared by
- SMALL BUSINESS SERVICES
Mission
TO PRODUCE EVENTS FOR COMMUNITY
Program accomplishments
- CAPITAL EMPROVEMENTS FOR COMMUNITY PARKPRODUCE VALLEY FESTIVALExpenses $380,543
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-5044333
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A23)
- Assets (IRS master file)
- $385,925
- Income (IRS master file)
- $96,728
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $96,728 | $106,790 | $385,925 | XML |
| 990-EZ | June 2024 | $96,728 | $107,580 | $395,987 | IRS |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-N for 2011 Officer: Winston Pickett | June 30, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-5044333).
Questions about VALLEY FEST INC
- What is the EIN of VALLEY FEST INC?
- The employer identification number (EIN) of VALLEY FEST INC is 27-5044333.
- Is VALLEY FEST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to VALLEY FEST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY FEST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY FEST INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY FEST INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of VALLEY FEST INC?
- The 990-N for 2011 names Winston Pickett.
- Who are the officers and directors of VALLEY FEST INC?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does VALLEY FEST INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $96,728, expenses of $106,790 and total assets of $385,925 at year end.
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