Charity Search / WALLER COUNTY FAIR ASSOCIATION
Recreation & Sports (N52) 990 on File

WALLER COUNTY FAIR ASSOCIATION

EIN: 74-1481196 · HEMPSTEAD, TX 77445-0911 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$4.1M
Total Revenue
$4.2M
Total Expenses
$4.4M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.3%
Fundraising Efficiency N/A
Operating Reserve 12.63x
Liability-to-Asset 43.9%
Revenue Diversification 96.7%
Compared with Peers
FY 2024
Compared with 1,615 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.3% 87.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
16.7% 9.7%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
12.6 mo 8.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
43.9% 11.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
96.7% 89.6%
P10P90
Below median
Revenue growth
Year over year revenue growth
-29.7% 9.3%
P10P90
Expense growth
Year over year expense growth
22.4% 9.5%
P10P90
Surplus margin
Surplus as a share of revenue
-1.9% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $4.1M $4.2M $4.4M 83.3% 1
2023 $5.8M $3.4M $4.5M 93.0% 1
2022 $4.0M $3.3M $2.5M 97.7% 2
2021 $3.3M $2.8M N/A 2
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Organization Details
EIN
74-1481196
State
TX
City
HEMPSTEAD
ZIP
77445-0911
Classification
N52
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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