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Northwest Florida Fair Assoc Inc

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

EIN: 237397197 ✦ Ft walton beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Florida Fair Assoc Inc?

Northwest Florida Fair Assoc Inc is a nonprofit organization situated in Fort Walton Beach, Florida. With a small workforce of three individuals, their primary mission is to raise awareness and promote agricultural, horticultural, and livestock services within Okaloosa County and its surrounding areas. They accomplish this by organizing and operating a public fair and exposition. This event serves as a platform to benefit and develop various educational, agricultural, livestock, and other resources, not just in Okaloosa County but also throughout the state of Florida. The goal is to contribute positively to the growth and advancement of these sectors for the betterment of the community.


Official website here: www.nwffair.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

The Northwest Florida Fair Association Inc received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial practices. The organization scored 69% overall, with commendable aspects such as having a majority of independent board members and a solid liabilities to assets ratio, which suggests financial stability. However, their performance in several key governance areas raised concerns.

The nonprofit’s weaknesses are mainly seen in its lack of established policies, such as a conflict of interest policy and a whistleblower policy, both of which received a score of zero out of seven. Furthermore, the organization did not post its tax form on its website, which is a missed opportunity for transparency. These deficiencies suggest that while the organization is operationally stable, it could enhance its accountability and governance practices significantly.

Overall, while the Northwest Florida Fair Association has some strong financial metrics, the lack of essential governance policies indicates areas that need attention for improvement. Increasing transparency and implementing best practices could help elevate its rating and overall effectiveness in serving the community.


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

Is Northwest Florida Fair Assoc Inc legitimate?

Northwest Florida Fair Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Florida Fair Assoc 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: $18,446

For more financial information, click here


Official website here: www.nwffair.com

What is the mission statement of Northwest Florida Fair Assoc Inc?

Northwest Florida Fair Assoc Inc's mission is centered around conducting and operating a public fair and exposition. This event serves to benefit and develop agricultural, horticultural, livestock, or other resources. The primary goal is to promote the advancement of such educational, agricultural, livestock, and other resources for the benefit of the state of Florida. The association, through this fair, aims to raise awareness about agricultural, horticultural, and livestock services to the general public, contributing to their development.


Official website here: www.nwffair.com

Who is the CEO of Northwest Florida Fair Assoc Inc?

Charles W Rigdon is the President of Northwest Florida Fair Assoc Inc. The CEO's salary of Northwest Florida Fair Assoc Inc is $0 and their total compensation is $0.


Official website here: www.nwffair.com

What is the revenue of Northwest Florida Fair Assoc Inc?

Northwest Florida Fair Assoc Inc's revenue in 2020 was $72,053.


Official website here: www.nwffair.com

Who are the executives of Northwest Florida Fair Assoc Inc and what are their salaries?

The average compensation at Northwest Florida Fair Assoc Inc during 2020 was $6,149. There are 3 employees at Northwest Florida Fair Assoc Inc.


Here are 5 key members and their salaries (Northwest Florida Fair Assoc Inc's CEO's salary is $0 and their total compensation is $0):


Clyde Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Nabors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Petermann (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles W Rigdon (Ceo/Sec-Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sparling (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nwffair.com

Where can I find the form 990 for Northwest Florida Fair Assoc Inc?

Northwest Florida Fair Assoc Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.nwffair.com

Learn more at the official website: www.nwffair.com

Mission Statement of Northwest Florida Fair Assoc Inc

Northwest Florida Fair Assoc Inc, as a nonprofit organization, is committed to conducting and operating a public fair and exposition with a primary goal of benefiting and developing agricultural, horticultural, livestock, or other resources in Okaloosa County, Florida. Beyond this, the association aims to promote the betterment of such educational, agricultural, livestock, and other resources throughout the state of Florida. In essence, their mission is to raise awareness and support for these various resources, serving both the local community and the broader state. The Northwest Florida Fair Assoc Inc strives to contribute to the growth and development of these sectors, ultimately enriching the community and the state as a whole.

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Impact




August, 2024

Northwest Florida Fair Assoc Inc's impact is significant in promoting and developing the agricultural, horticultural, and livestock resources of Okaloosa County, Florida. By conducting and operating a public fair and exposition, the association has increased awareness and support for these essential industries among the general public of the county and surrounding areas. Through their efforts, Northwest Florida Fair Assoc Inc plays a vital role in educating the community about agricultural practices and supporting the overall development of these key sectors in the state of Florida.




This information is meant to be a general summary of Northwest Florida Fair Assoc 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
$72,053 (2020)
Expenses
$114,096 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $70,553
  • Gross Receipts: $72,053

Assets and Liabilities:

  • Total Assets: $350,365
  • Total Liabilities: $87,294
  • Net Assets: $263,071

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FAIRGROUNDS RENTAL

Revenue

$61,717

FAIR REVENUE

Revenue

$8,836

Organization Details

Founding Year

1990

Principal Officer

Charles W Rigdon

Main Address

1958 LEWIS TURNER BLVD, FT WALTON BEACH, FL, 32547

NTEE Category

Code: N520 - Recreation

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