Overview
What is Hunt County Fair Association Inc?
Hunt County Fair Association Inc is a nonprofit organization located in Greenville, Texas. Their primary mission is to promote the civic, agricultural, and commercial well-being of Hunt County through the annual Hunt County Fair. This event serves as an educational and community platform, providing various activities such as agriculture demonstrations, entertainment, and commercial opportunities for local residents. The fair offers school-aged children a chance to showcase their products, participate in vendor events, and receive awards. It also serves as an enjoyable entertainment venue for families and residents from both within and outside the county.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
The Hunt County Fair Association Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. The organization demonstrates strong performance in several aspects, such as having a fully independent board and an excellent program expense ratio of 97.64%. This suggests a commitment to directing resources towards its programs rather than administrative costs.
However, the nonprofit has several significant weaknesses that hinder its overall rating. The lack of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy points to gaps in governance practices. Additionally, the absence of a financial statements review and the missing website listed on the tax form highlight transparency issues that could concern potential donors.
Overall, while the Hunt County Fair Association Inc shows promise with its independent board and high program expenditure, it is essential for the organization to address its governance and transparency shortcomings to enhance its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Hunt County Fair Association Inc legitimate?
Hunt County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunt County Fair Association 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,893
For more financial information, click here
What is the mission statement of Hunt County Fair Association Inc?
The Hunt County Fair Association Inc's mission is centered around promoting the civic, agricultural, and commercial well-being of a specific community. This is achieved primarily through the annual educational and community event known as the Hunt County Fair. The fair encompasses various activities, including agriculture-related events, entertainment for the community, and commercial opportunities for local residents. The organization's mission also involves providing an educational and community service-oriented platform related to the annual fair. This serves to offer school-age children opportunities to showcase their products and talents to the general public, while also providing an entertaining venue for parents, children, and residents from both within and outside the county.
Who is the CEO of Hunt County Fair Association Inc?
Chad Stephenson is the President of Hunt County Fair Association Inc.
What is the revenue of Hunt County Fair Association Inc?
Hunt County Fair Association Inc's revenue in 2022 was $1,552,354.
Who are the executives of Hunt County Fair Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hunt County Fair Association Inc?
Hunt County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hunt County Fair Association Inc
Hunt County Fair Association Inc, with a focus on civic, agricultural, and commercial advancement, carries out its mission through the annual Hunt County Fair. This event serves as a platform for public education and community engagement, promoting various agricultural activities, entertainment, and commercial opportunities for the residents of Hunt County, Texas. The organization's mission is primarily educational and community-oriented, aiming to offer a multifaceted experience during the fair. School-age children are provided with an opportunity to showcase their products, vie for awards, and interact with a wide audience. Additionally, the fair offers an entertainment venue for parents, children, and residents from both within and outside of Hunt County. The association's activities contribute significantly to the local community, fostering a sense of unity and promoting growth in various aspects.
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Impact
October, 2024
The Hunt County Fair Association Inc significantly impacts the community by enhancing the civic, agricultural, and commercial landscape of Hunt County, Texas. Through the annual Hunt County Fair, it creates an educational and entertaining platform that fosters community engagement, celebrates local agriculture, and showcases the talents and products of area residents.
The fair provides school-age children with unique opportunities to participate in competitive events, promoting their creativity and hard work. This involvement not only builds their skills but also instills a sense of pride and accomplishment. For vendors and participants, the fair offers a valuable venue to promote their goods and services, encouraging local entrepreneurship and economic growth.
By hosting a variety of agricultural activities and entertainment options, the Hunt County Fair acts as a gathering place for families and individuals from both inside and outside the county. It strengthens community ties, encourages collaboration, and contributes to the overall vibrancy of the area. The fair thus stands as a cornerstone of community spirit, reinforcing the importance of agriculture, education, and business in the region.
This information is meant to be a general summary of Hunt County Fair Association 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: $47
- Program Service Revenue: $770,748
- Gross Receipts: $1,552,354
Assets and Liabilities:
- Total Assets: $779,169
- Total Liabilities: $2,062
- Net Assets: $777,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL COUNTY FAIR
Revenue
$701,997
LIVESTOCK SHOW
Revenue
$35,551
FACILITY RENTALS
Revenue
$33,200
Organization Details
Founding Year
1969
Phone
(903) 454-1503Principal Officer
Chad Stephenson
Main Address
P O BOX 1403, GREENVILLE, TX, 75403
NTEE Category
Code: N52 - Recreation
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