Overview
What is Wyoming County Fair Inc?
Wyoming County Fair Inc is a nonprofit organization dedicated to celebrating and promoting agriculture. Located in Tunkhannock, PA, they achieve this by showcasing farm animals, products, and equipment at their annual fair. The proceeds from the fair are utilized to maintain and expand their facilities, manage debt, and contribute to charitable causes. By doing so, they positively impact the local farming community and boost the overall economy in Tunkhannock.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
Wyoming County Fair Inc has received a low score of 27%, which corresponds to a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial management, particularly highlighted by the lack of financial statements and essential policies such as conflict of interest and whistleblower protections. While the organization does have a fully independent board, the absence of critical documentation raises questions about transparency and governance practices.
The organization does show strengths in its board composition, securing full points for having a majority of independent members and maintaining thorough minutes of board meetings. However, the missing financial documents and critical policies detract significantly from its overall score. The program expense ratio is notably low at 34.33%, suggesting limited funding is being directed toward its programs.
Overall, while Wyoming County Fair Inc demonstrates some structural strengths, such as board independence, its lack of financial transparency and essential policies poses substantial limitations that potential donors and stakeholders should consider. The Zero-Star rating serves as a cautionary signal regarding the organization's operational integrity and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Wyoming County Fair Inc legitimate?
Wyoming County Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyoming County Fair Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Wyoming County Fair Inc?
The mission of Wyoming County Fair Inc. is centered around promoting agriculture. They achieve this by showcasing farm animals, products, and equipment during the fair. The proceeds from the fair are utilized to maintain and expand the facilities, while simultaneously reducing debt. Additionally, a portion of the earnings is donated to charitable organizations. This annual event plays a significant role in boosting the local farm industry and the overall economy in its vicinity.
Who is the CEO of Wyoming County Fair Inc?
Marjorie Singer is the President of Wyoming County Fair Inc.
What is the revenue of Wyoming County Fair Inc?
Wyoming County Fair Inc's revenue in 2022 was $856,890.
Who are the executives of Wyoming County Fair Inc and what are their salaries?
There 237 volunteers at Wyoming County Fair Inc.
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Where can I find the form 990 for Wyoming County Fair Inc?
Wyoming County Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wyoming County Fair Inc
Wyoming County Fair, as a nonprofit organization, is dedicated to promoting agriculture. It achieves this by showcasing farm animals, products, and equipment during its events. The primary objective of the fair is not just for entertainment but also to operate and expand its facilities. By doing so, it aims to reduce debt and contribute to charities. Furthermore, the fair plays a significant role in boosting the local farm industry and the overall economy in its vicinity. The proceeds generated from the fair are utilized for these purposes, thereby making Wyoming County Fair an integral part of the agricultural community.
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Impact
October, 2024
Wyoming County Fair Inc significantly enhances the local community by promoting agriculture and supporting the economy in Tunkhannock, PA. Through the showcasing of farm animals, agricultural products, and farming equipment, the fair fosters a greater appreciation for local agriculture, encouraging community engagement and education.
The fair's operations help to support local farmers and businesses, creating a ripple effect that boosts economic activity in the region. By utilizing proceeds from the fair to operate and expand facilities, reduce debt, and contribute to charitable causes, Wyoming County Fair Inc ensures that its impact extends beyond the event itself, benefiting a broader segment of the community.
Furthermore, by enhancing the visibility and viability of agricultural practices, the fair plays a crucial role in sustaining the agricultural heritage of the region, thus preserving its cultural identity while also promoting community improvement. The economic boost generated by the fair not only enriches the lives of the farmers involved but also creates opportunities for local businesses, fostering a vibrant and sustainable community.
This information is meant to be a general summary of Wyoming County Fair Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $793,961
- Gross Receipts: $1,277,885
Assets and Liabilities:
- Total Assets: $1,769,288
- Total Liabilities: $200,284
- Net Assets: $1,569,004
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Organization Details
Founding Year
1991
Phone
(570) 606-5446Principal Officer
Marjorie Singer
Main Address
PO BOX 38, Tunkhannock, PA, 18657
NTEE Category
Code: S41 - Community improvement
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