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Lycoming County Fair Association

Lycoming County Fair Association

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

EIN: 240777607 ✦ Hughesville, PA ✦ Designated as a 501(c)(3)

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Overview

What is Lycoming County Fair Association?

The Lycoming County Fair Association is a distinguished nonprofit organization situated in Hughesville, Pennsylvania. Their primary purpose is to cater to the public's interest by organizing an agricultural, horticultural, mechanical, and musical event extravaganza. Their mission is to promote and showcase the area's agriculture, horticulture, and mechanical innovations for the general population's enjoyment. This association works tirelessly to arrange and promote these exhibitions, contributing positively to the community's cultural and educational landscape.


Official website here: www.lycomingfair.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating, 73%

The Lycoming County Fair Association has been rated as needing improvement, reflected by its two-star rating. While the nonprofit excels in certain areas such as accountability and finance, achieving a perfect score of 100%, there are significant concerns regarding its financial transparency. The organization scored 0 out of 15 points for financial statements, indicating a lack of accessible and detailed financial reporting to the public.

Strengths of the organization include a fully independent board, with all eight members meeting the criteria for independence and size, which supports good governance practices. Additionally, the organization demonstrates strong program expense efficiency, with an impressive ratio of 99.30%, meaning that most of its expenses directly support its programs. However, there are weaknesses in policy implementations, notably in areas like the whistleblower policy and document retention, where the organization scored zero points, suggesting potential risks in governance and accountability.

Overall, while the Lycoming County Fair Association shows promise in its commitment to program efficiency and maintaining an independent board, it faces critical challenges in financial transparency and policy adherence. These issues must be addressed to strengthen the organization's credibility and effectiveness in serving its community.


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

Is Lycoming County Fair Association legitimate?

Lycoming County Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lycoming County Fair Association 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: $11,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,099

For more financial information, click here


Official website here: www.lycomingfair.com

What is the mission statement of Lycoming County Fair Association?

The Lycoming County Fair Association's mission is to promote and showcase the local agriculture, horticulture, and mechanical aspects for the public's enjoyment. They achieve this by organizing an annual exposition that includes agricultural, horticultural, mechanical, and musical entertainment, benefiting the general public. This event aims to educate and entertain, providing a platform for the community to engage with these sectors in an enjoyable manner.


Official website here: www.lycomingfair.com

Who is the CEO of Lycoming County Fair Association?

Karen Yaw is the President of Lycoming County Fair Association.


Official website here: www.lycomingfair.com

What is the revenue of Lycoming County Fair Association?

Lycoming County Fair Association's revenue in 2022 was $627,534.


Official website here: www.lycomingfair.com

Who are the executives of Lycoming County Fair Association and what are their salaries?

There 35 volunteers at Lycoming County Fair Association.


Here are 10 key members and their salaries:


James E Reed (President)
  • Compensation: $3,750
  • Related: $0
  • Other: $0
Karen Yaw (Secretary)
  • Compensation: $3,750
  • Related: $0
  • Other: $0
Clifford Yaw (Treasurer)
  • Compensation: $1,750
  • Related: $0
  • Other: $0
Richard Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard F Heydenreich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Beiber (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Thomas D Hess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert P Hager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Koppenhaver (Director)
  • Compensation: $1,330
  • Related: $0
  • Other: $0


Official website here: www.lycomingfair.com

Where can I find the form 990 for Lycoming County Fair Association?

Lycoming County Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lycomingfair.com

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

Mission Statement of Lycoming County Fair Association

The Lycoming County Fair Association's mission is centered around promoting and showcasing the region's agriculture, horticulture, and mechanical exhibits to the public. This nonprofit organization strives to organize an agricultural, horticultural, mechanical, and musical entertainment exposition, benefiting the general public. By providing such expositions, the Lycoming County Fair Association aims to educate and engage the community in these essential aspects of rural life.

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Impact




July, 2024

The Lycoming County Fair Association plays a significant role in promoting and preserving the area's agriculture, horticulture, and mechanical industries by providing a platform for the general public to experience and appreciate these vital sectors. Through its agricultural, horticultural, mechanical, and musical entertainment expositions, the association enriches the community by offering educational opportunities and entertainment for all. Its impact extends beyond entertainment, contributing to community improvement by showcasing the region's heritage and fostering a greater appreciation for local industries.




This information is meant to be a general summary of Lycoming County Fair Association. 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
$627,534 (2022)
Expenses
$697,465 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Program Service Revenue: $499,551
  • Gross Receipts: $723,523

Assets and Liabilities:

  • Total Assets: $381,625
  • Total Liabilities: $38,787
  • Net Assets: $342,838

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Programs

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

GATE ADMISSION

Revenue

$143,945

GRANDSTAND ADMISSION

Revenue

$85,596

HORSE RACING ENTRIES

Revenue

$161,200

CONCESSION RENTALS

Revenue

$77,730

MISCELLANEOUS

Revenue

$18,297

Organization Details

Founding Year

1871

Principal Officer

Karen Yaw

Main Address

PO BOX 116, HUGHESVILLE, PA, 177370116

NTEE Category

Code: S41 - Community improvement

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