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Nonprofit · EIN 27-5044333

VALLEY FEST INC

Tax-exempt · DUNLAP, TN 37327

Financials

$97K$108K2023$97K$107K2024
Revenue Expenses · by fiscal year end
Financials of VALLEY FEST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$96,728$106,790-$10,062$385,925$0$385,925
June 30, 2024990-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.

NameTitleHours / weekCompensation
ERIC REEDCHAIRMAN5$0
MARLENE BASHAMSECRETARY TREASURER5$0
CHARLIE BORINGBOARD MEMBER1$0
ANNETTE BROWNBOARD MEMBER1$0
JAKEY COOLEYBOARD MEMBER1$0
RONALD FOLLETTBOARD MEMBER1$0
CLINT HUTHBOARD MEMBER1$0
ZACH OLENDORFBOARD MEMBER1$0
WINSTON PICKETTBOARD MEMBER1$0
990-EZ for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
ERIC REEDCHAIRMAN5$0
MARLENE BASHAMSECRETARY TREASURER5$0
CHARLIE BORINGBOARD MEMBER1$0
ANNETTE BROWNBOARD MEMBER1$0
JAKEY COOLEYBOARD MEMBER1$0
RONALD FOLLETTBOARD MEMBER1$0
CLINT HUTHBOARD MEMBER1$0
ZACH OLENDORFBOARD MEMBER1$0
WINSTON PICKETTBOARD MEMBER1$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
Return prepared by
SMALL BUSINESS SERVICES

Mission

TO PRODUCE EVENTS FOR COMMUNITY

990-EZ for the year ended June 30, 2025

Program accomplishments

  • CAPITAL EMPROVEMENTS FOR COMMUNITY PARKPRODUCE VALLEY FESTIVAL
    Expenses $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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-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
Assets (IRS master file)
$385,925
Income (IRS master file)
$96,728

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$96,728$106,790$385,925XML
990-EZJune 2024$96,728$107,580$395,987IRS
990-EZJune 2023–––IRS
990June 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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