Nonprofit · EIN 47-2584849
DREXEL COMMUNITY FAIR INCORPORATED
Tax-exempt (reinstated) · DREXEL, NC 28619
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $123,872 | $118,971 | $4,901 | $381,196 | $0 | $381,196 |
| December 31, 2024 | 990 | $322,260 | $80,516 | $241,744 | $376,294 | $0 | $376,294 |
| December 31, 2023 | 990-EZ | $113,779 | $82,159 | $31,620 | $134,550 | $0 | $134,550 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $13,481
- of which government grants
- $13,481
- Program service revenue
- $95,912
- Investment income
- $1,925
- Net income from sales of inventory
- $12,554
- Other revenue
- $12,554
Expenses
- Grants and similar amounts paid
- $2,287
- Compensation of officers, directors and key employees
- $3,650
- Salaries, compensation and benefits (total)
- $3,650
- Professional fundraising fees
- $0
- Accounting fees
- $993
- Occupancy
- $27,923
- Travel
- $3,971
- Depreciation
- $10,710
- Program services (functional)
- $115,955
- Management and general (functional)
- $3,016
Balance sheet and other
- Total assets, start of year
- $376,294
- Total assets, end of year
- $381,196
- Total liabilities, end of year
- $0
- Net assets, end of year
- $381,196
- Land, buildings and equipment
- $261,714
- Gross receipts
- $137,935
- Employees
- 0
- Volunteers
- 108
- Year formed
- 2014
- State of legal domicile
- NC
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON DEAL | PRESIDENT Officer | 12 | $2,000 |
| SUSAN PRICE | 2ND VICE PRESIDENT Officer | 11 | $500 |
| WILLIAM F PRICE | DIRECTOR Trustee or director | 7 | $450 |
| JULIE FRENCH | SECRETARY Officer | 9 | $300 |
| LOWELL SUMMEY | DIRECTOR Trustee or director | 8 | $200 |
| JERRY BROWN | TREASURER Officer | 7 | $200 |
| CODY SIGMON | DIRECTOR Trustee or director | 7 | $0 |
| MELISSA HOWELL | DIRECTOR Trustee or director | 7 | $0 |
| BOBBY TEAGUE | DIRECTOR Trustee or director | 7 | $0 |
| GARRETT MOORE | DIRECTOR Trustee or director | 7 | $0 |
| JERAMIE ABERNATHY | FIRST VICE PRESIDENT Officer | 7 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON DEAL | PRESIDENT Officer | 12 | $2,000 |
| SUSAN PRICE | 2ND VICE PRESIDENT Officer | 11 | $960 |
| JULIE FRENCH | SECRETARY Officer | 9 | $300 |
| JERRY BROWN | TREASURER Officer | 7 | $200 |
| LOWELL SUMMEY | DIRECTOR Trustee or director | 8 | $0 |
| WILLIAM F PRICE | DIRECTOR Trustee or director | 7 | $0 |
| CODY SIGMON | DIRECTOR Trustee or director | 7 | $0 |
| MELISSA HOWELL | DIRECTOR Trustee or director | 7 | $0 |
| BOBBY TEAGUE | DIRECTOR Trustee or director | 7 | $0 |
| GARRETT MOORE | DIRECTOR Trustee or director | 7 | $0 |
| JERAMIE ABERNATHY | FIRST VICE PRESIDENT Officer | 7 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON DEAL | PRESIDENT | 15 | $575 |
| LOWELL SUMMEY | DIRECTOR | 6 | $0 |
| TRAE PRICE | DIRECTOR | 6 | $0 |
| JULIE FRENCH | DIRECTOR | 6 | $0 |
| CODY SIGMON | DIRECTOR | 6 | $0 |
| MELISSA SIGMON | DIRECTOR | 6 | $0 |
| RICKEY RHONEY | DIRECTOR | 6 | $0 |
| JERRY BROWN | TREASURER | 10 | $0 |
| SUE PRICE | SECRETARY | 10 | $0 |
| JERAMIE ABERNATHY | SECOND VICE-PRESIDENT | 10 | $0 |
| TOM INGERSOLL | FIRST VICE-PRESIDENT | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 98, DREXEL, NC 28619-0098
- In care of
- % DON DEAL
- Mailing address (990-N for 2015)
- P O BOX 1434, DREXEL NC 286191434
- Principal officer (990 for 2025)
- DON DEAL, P O BOX 278, DREXEL, NC 28619
- Principal officer (990-N for 2015)
- DON DEAL, P O BOX 278, DREXEL NC 28619
- Signed the 990
- DON DEAL, PRESIDENT
- Phone
- (828) 608-2000
- Website
- DREXELFAIR.NET
- Return prepared by
- BCD Income Tax & Accounting LLC
Mission
TO EDUCATE THE PUBLIC, PARTICULARLY THE RESIDENTS OF BURKE COUNTY,NC,AND SURROUNDING AREAS ON AGRICULTURAL MATTERS AND HOMEMAKING SKILLS BY CONDUCTING ANNUAL PUBLIC FAIRS AND EXHIBITIONS WITH AGRICULTURAL/HOMEMAKING THEMES. TO OFFER EVENTS TO PROMOTE TOURISM IN THE TOWN OF DREXEL
Program accomplishments
- THE FALL FAIR HAD OVER 9500 ATTENDEES W/ 235 EXHIBITORS AND 314 ENTRIES IN COMPETITIVE LIVESTOCK & EXHIBIT HALL CATEGORIES. NON- COMPETITIVE DISPLAYS INCLUDED A POULTRY DISPLAY, BEE DEMONSTRATION, AGRICULTURAL DISPLAYS, AND A DISPLAY HONORING VETERANS PROVIDED BY THE LOCAL DAV. ADMISSION WAS FREE WITH FREE ENTERTAINMENT NIGHTLY EACH DAY OF THE FAIR. ADMISSION TO FALL FAIR WAS FREE. APPROX. 108 VOLUNTEERS HELPED TO PUT ON THE FALL FAIR.Expenses $82,363 · revenue $76,739
- THE SPRING CARNIVAL HAD OVER 5000 ATTENDEES AND PROVIDED A TOURIST DESTINATION FOR THE TOWN OF DREXEL. ADMISSION TO THE SPRING CARNIVAL WAS FREE.Expenses $31,305 · revenue $45,790
- DCF PROVIDED GRANTS TO ORGANIZATIONS WITH SIMILAR PURPOSES IN ADVANCING AGRICULTURAL EDUCATION. THESE ORGANIZATIONS PROMOTE AGRICULTURE IN THE STATE OF NC AND OFFER SCHOLARSHIPS TO STUDENTS INTERESTED IN AGRICULTURE.Expenses $2,287
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-2584849
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P46)
- Assets (IRS master file)
- $381,196
- Income (IRS master file)
- $137,935
Revocation and reinstatement
- Exemption revoked
- May 15, 2017
- Posted by the IRS
- August 16, 2017
- Reinstated
- Effective May 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $123,872 | $118,971 | $381,196 | XML |
| 990 | December 2024 | $322,260 | $80,516 | $376,294 | XML |
| 990-EZ | December 2023 | $113,779 | $82,159 | $134,550 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: DON DEAL | December 31, 2015 | ≤ $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 47-2584849).
Questions about DREXEL COMMUNITY FAIR INCORPORATED
- What is the EIN of DREXEL COMMUNITY FAIR INCORPORATED?
- The employer identification number (EIN) of DREXEL COMMUNITY FAIR INCORPORATED is 47-2584849.
- Is DREXEL COMMUNITY FAIR INCORPORATED tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2017 and reinstated it effective May 15, 2017.
- Are donations to DREXEL COMMUNITY FAIR INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREXEL COMMUNITY FAIR INCORPORATED 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 DREXEL COMMUNITY FAIR INCORPORATED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREXEL COMMUNITY FAIR INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DREXEL COMMUNITY FAIR INCORPORATED?
- The 990 for the year ended December 31, 2025 names DON DEAL.
- Who are the officers and directors of DREXEL COMMUNITY FAIR INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 11 people; 6 received compensation from the organization, the highest $2,000 (DON DEAL, PRESIDENT).
- How much revenue does DREXEL COMMUNITY FAIR INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $123,872, expenses of $118,971 and total assets of $381,196 at year end.
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- GROW WITH DREXEL EIN 93-4624262 · last filed 990-EZ for 2025
- REACT INTERNATIONAL EIN 51-0231257 · last filed 990-EZ for 2025
- BURKE THEATER GUILD INC EIN 46-3983195 · last filed 990-N for 2025
- DREXEL MUSEUM INC EIN 99-2887196 · last filed 990-N for 2025