Overview
What is Tulsa State Fair Junior Livestock Auction Corporation?
Tulsa State Fair Junior Livestock Auction Corporation is a nonprofit organization situated in Tulsa, Oklahoma, specifically at 4145 E 21ST STREET. The organization's primary goal is to support the growth of the junior livestock auction, while also providing various educational, cultural, and charitable benefits and services to the agricultural youth in Oklahoma. The primary activity of the corporation involves auctioning livestock raised by children. The proceeds from these auctions are then used to grant scholarships to these young individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 67%)
The Tulsa State Fair Junior Livestock Auction Corporation has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement. While it boasts a strong program expense ratio of 98.40%, which suggests that a significant portion of its budget goes directly to its mission, there are several areas where the organization falls short. The accountability and finance score of 67 highlights issues with transparency, particularly in financial reporting.
The organization is commendable for having a fully independent board, which contributes positively to governance and decision-making. However, there are several critical policies and documents that are missing, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the absence of financial statements on their website casts doubt on the organization's transparency.
Overall, while the Tulsa State Fair Junior Livestock Auction Corporation demonstrates a strong focus on its programmatic impact, fundamental shortcomings in governance and transparency need to be addressed for the organization to improve its rating and overall trustworthiness in the eyes of donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Tulsa State Fair Junior Livestock Auction Corporation legitimate?
Tulsa State Fair Junior Livestock Auction Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tulsa State Fair Junior Livestock Auction Corporation 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: $0
For more financial information, click here
What is the mission statement of Tulsa State Fair Junior Livestock Auction Corporation?
The Tulsa State Fair Junior Livestock Auction Corporation is dedicated to supporting the growth of the junior livestock auction. Their primary goal is to provide educational, cultural, and charitable benefits and services to the agricultural youth of Oklahoma. The organization achieves this mission by conducting auctions of livestock raised by children. The earnings from these auctions are then utilized to offer scholarships to these young individuals.
Who is the CEO of Tulsa State Fair Junior Livestock Auction Corporation?
Ronn Cunningham is the Chairman of Tulsa State Fair Junior Livestock Auction Corporation.
What is the revenue of Tulsa State Fair Junior Livestock Auction Corporation?
Tulsa State Fair Junior Livestock Auction Corporation's revenue in 2022 was $520,709.
Who are the executives of Tulsa State Fair Junior Livestock Auction Corporation and what are their salaries?
There 15 volunteers at Tulsa State Fair Junior Livestock Auction Corporation.
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 Tulsa State Fair Junior Livestock Auction Corporation?
Tulsa State Fair Junior Livestock Auction Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tulsa State Fair Junior Livestock Auction Corporation
Tulsa State Fair Junior Livestock Auction Corporation is an organization dedicated to supporting the growth and development of junior livestock auction participants in Oklahoma. Their primary mission is to provide educational, cultural, and charitable benefits and services to these young individuals involved in agriculture. By hosting an annual livestock auction, the corporation raises funds that are subsequently used to award scholarships to these children, thereby investing in their future educational pursuits. This mission serves to empower and nurture the agricultural youth of Oklahoma, fostering a sense of community and providing opportunities for personal growth.
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Impact
July, 2024
The impact of the Tulsa State Fair Junior Livestock Auction Corporation is significant in supporting the development of agricultural youth in Oklahoma. By offering a platform for children to auction their livestock, the organization provides valuable educational, cultural, and charitable benefits to the youth in the community. The proceeds generated from the auctions are utilized for scholarships, contributing to the academic and personal growth of the participating children. Through its mission of youth development, the corporation plays a crucial role in fostering the next generation of agricultural leaders in Oklahoma.
This information is meant to be a general summary of Tulsa State Fair Junior Livestock Auction Corporation. 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: -$1,568
- Gross Receipts: $1,274,384
Assets and Liabilities:
- Total Assets: $787,634
- Total Liabilities: $0
- Net Assets: $787,634
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Organization Details
Founding Year
2009
Phone
(918) 744-1113Principal Officer
Ronn Cunningham
Main Address
4145 E 21ST STREET, TULSA, OK, 74114
NTEE Category
Code: O125 - Youth development
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