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Porter County Agricultural Society Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237309852 ✦ Valparaiso, IN ✦ Designated as a 501(c)(3)

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Overview

What is Porter County Agricultural Society Inc?

Porter County Agricultural Society Inc, located at 217 E Division, Valparaiso, IN 46383, is a nonprofit organization with a mission to promote and foster the Porter County Fair. Their primary role is to educate the community about agriculture and organize this annual event. With a team of seven dedicated individuals, they strive to contribute positively to their community and preserve the agricultural heritage through their Fair activities.


Official website here: www.portercountyfair.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars

Porter County Agricultural Society Inc has received a two-star rating from Charity Navigator, indicating a need for improvement with a score of 73%. The organization demonstrates strong governance through having 100% independent board members and a favorable liabilities to assets ratio of 0.01%. This reflects responsible financial management and a commitment to transparency in certain areas.

However, there are significant weaknesses noted in the accountability and finance sector. The organization has not provided financial statements, which is crucial for assessing its financial health. Additionally, the absence of a conflict of interest policy and a whistleblower policy raises concerns about internal oversight and ethical practices.

On a positive note, the society maintains a high program expense ratio of 100%, suggesting that all its expenses are directed towards its programs. It is also compliant in listing its website on tax forms and documenting board meeting minutes, which contributes to its accountability. Nonetheless, the lack of critical policies and missing financial documentation underscore the need for the organization to enhance its governance and transparency practices.


This AI summary has been generated from information found on Charity Navigator.

Is Porter County Agricultural Society Inc legitimate?

Porter County Agricultural Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Porter County Agricultural Society 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: $27,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,421

For more financial information, click here


Official website here: www.portercountyfair.com/

What is the mission statement of Porter County Agricultural Society Inc?

The Porter County Agricultural Society Inc is dedicated to promoting and organizing the Porter County Fair with a focus on serving the community and advancing agricultural education. Their mission involves fostering an educational environment around agriculture, utilizing the fair as a platform. By organizing this annual event, they aim to engage the community and provide an educational experience that highlights the importance of agriculture.


Official website here: www.portercountyfair.com/

Who is the CEO of Porter County Agricultural Society Inc?

Cheryl Wilson is the Fair Manager of Porter County Agricultural Society Inc.


Official website here: www.portercountyfair.com/

What is the revenue of Porter County Agricultural Society Inc?

Porter County Agricultural Society Inc's revenue in 2022 was $2,699,398.


Official website here: www.portercountyfair.com/

Who are the executives of Porter County Agricultural Society Inc and what are their salaries?

The average compensation at Porter County Agricultural Society Inc during 2022 was $24,405. There are 7 employees and 200 volunteers at Porter County Agricultural Society Inc.


Here are 5 key members and their salaries:


David Bagnall (Fair Manager)
  • Compensation: $27,412
  • Related: $0
  • Other: $0
Marty Good (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Herlitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly King (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.portercountyfair.com/

Where can I find the form 990 for Porter County Agricultural Society Inc?

Porter County Agricultural Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.portercountyfair.com/

Learn more at the official website: www.portercountyfair.com/

Mission Statement of Porter County Agricultural Society Inc

Porter County Agricultural Society Inc, a notable organization, is dedicated to promoting and organizing the Porter County Fair with the primary aim of educating the community about agriculture. This nonprofit's mission is twofold; it seeks to engage the community in the fair and simultaneously foster an understanding of agriculture's significance. By organizing this annual event, Porter County Agricultural Society Inc aims to provide a platform where the community can connect with agriculture in an enjoyable and educational setting.

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Impact




October, 2024

The Porter County Agricultural Society Inc significantly impacts the community by promoting agricultural education and fostering connection among residents through the organization of the Porter County Fair. This annual event serves as a platform for showcasing local agriculture, allowing community members to engage in educational activities, participate in competitions, and enjoy cultural experiences that highlight the region's agricultural heritage.

Through its focus on youth development, the Society encourages young people to explore agricultural interests, learn practical skills, and foster a sense of responsibility and teamwork. By facilitating workshops, exhibits, and hands-on activities at the fair, the Society not only enhances agricultural knowledge but also builds a stronger sense of community among participants and visitors alike. This emphasis on education and community involvement ensures that the importance of agriculture is recognized and celebrated, equipping future generations with the knowledge and appreciation for this vital sector.




This information is meant to be a general summary of Porter County Agricultural Society 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.

Revenue
$2,699,398 (2022)
Expenses
$2,358,047 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$39,084
  • Gross Receipts: $2,699,398

Assets and Liabilities:

  • Total Assets: $2,867,082
  • Total Liabilities: $381
  • Net Assets: $2,866,701

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Organization Details

Principal Officer

Cheryl Wilson

Main Address

217 E Division, Valparaiso, IN, 46383

NTEE Category

Code: O52Z - Youth development

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