Overview
What is Blue Ribbon Sale Of Champions Foundation Inc?
Blue Ribbon Sale of Champions Foundation Inc, located in Milwaukee, Wisconsin, is a nonprofit organization dedicated to showcasing the skills and achievements of young livestock exhibitors at the Wisconsin State Fair. Through their annual Governors Blue Ribbon Livestock Auction, over 600 participants compete to sell their top-quality animals. Proceeds from the auction are divided between the junior exhibitors and contribute to scholarships and other youth agriculture programs in Wisconsin. The Foundation's mission is to promote agricultural education, encourage producing high-quality livestock, and strengthen the agricultural community in Wisconsin.
Official website here: www.gbrla.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 76% (Three-Star out of Four Star rating)
The Blue Ribbon Sale Of Champions Foundation Inc has received a 76% rating from Charity Navigator, which reflects its commitment to accountability and finance. The organization excels in governance, boasting a fully independent board and no material diversion of assets, indicating strong oversight and integrity in its operations.
However, the charity does have some areas for improvement, particularly in its adherence to transparency policies. The lack of a conflict of interest policy, whistleblower policy, and document retention and destruction policy are noted weaknesses that could affect stakeholder trust. Despite these limitations, the foundation maintains a high program expense ratio of 95.56%, highlighting its focus on direct programmatic impact.
Overall, while the foundation demonstrates strong financial management and governance, addressing its missing policies would enhance its accountability and transparency, further solidifying its reputation among donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Ribbon Sale Of Champions Foundation Inc legitimate?
Blue Ribbon Sale Of Champions Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Ribbon Sale Of Champions Foundation 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.
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Other Salaries and Wages: $0
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Official website here: www.gbrla.com
What is the mission statement of Blue Ribbon Sale Of Champions Foundation Inc?
The Blue Ribbon Sale Of Champions Foundation Inc is dedicated to promoting high-quality livestock production among youth exhibitors. Their mission goes beyond agriculture, as they aim to foster a stronger agricultural community in Wisconsin and enhance societal understanding of the industry. Through their Governors Blue Ribbon Livestock Auction, exhibitors have the opportunity to sell their animals and receive a percentage of the sale proceeds. Proceeds from the auction also support scholarships and other youth agriculture programs in Wisconsin. By providing a platform for young exhibitors to showcase their livestock and reap the financial benefits, the Foundation supports the development of future agricultural leaders.
Official website here: www.gbrla.com
Who is the CEO of Blue Ribbon Sale Of Champions Foundation Inc?
Kevin Bobolz is the President of Blue Ribbon Sale Of Champions Foundation Inc.
Official website here: www.gbrla.com
What is the revenue of Blue Ribbon Sale Of Champions Foundation Inc?
Blue Ribbon Sale Of Champions Foundation Inc's revenue in 2022 was $359,166.
Official website here: www.gbrla.com
Who are the executives of Blue Ribbon Sale Of Champions Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.gbrla.com
Where can I find the form 990 for Blue Ribbon Sale Of Champions Foundation Inc?
Blue Ribbon Sale Of Champions Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gbrla.com
Learn more at the official website: www.gbrla.com
Mission Statement of Blue Ribbon Sale Of Champions Foundation Inc
Blue Ribbon Sale of Champions Foundation Inc is a dedicated organization with a mission to foster and promote the development of high-quality livestock among Wisconsin youth exhibitors. By providing a platform for these young individuals to showcase their animals, the Foundation aims to encourage and support the production of wholesome, nutritious products. The Foundation's commitment extends beyond the agricultural community of Wisconsin, as it strives to enhance public understanding of the agriculture industry.
At the heart of the organization's activities is the Governors Blue Ribbon Livestock Auction. This prestigious event brings together over 600 junior exhibitors in the fields of beef, swine, and sheep, all competing for a coveted spot in the auction. By selling their animals at the auction, these exhibitors not only receive a percentage of the sale proceeds based on the animal's price, but they also contribute to the foundation's funds for scholarship recipients and other Wisconsin Youth Agriculture programs.
The Blue Ribbon Sale of Champions Foundation Inc's mission is driven by its dedication to the advancement of youth agricultural pursuits and the broader promotion of the agriculture industry within society. Through its Governors Blue Ribbon Livestock Auction and various other initiatives, the Foundation offers a unique opportunity for young exhibitors to showcase their hard work and reap the rewards. In doing so, it not only empowers the next generation of agricultural leaders but also fosters a deeper appreciation for the importance of agriculture in our daily lives.
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Impact
October, 2024
Blue Ribbon Sale Of Champions Foundation Inc significantly impacts the agricultural community in Wisconsin by promoting youth engagement and education in livestock production. Through the Governor’s Blue Ribbon Livestock Auction, over 600 junior exhibitors—primarily from the Wisconsin State Fair—compete for prestigious spots that highlight their hard work and dedication. The auction not only rewards these young exhibitors financially, with a percentage of the sale proceeds based on their animal's sale price, but also fosters a culture of excellence and pride in livestock production.
The funds generated from this event play a crucial role in supporting scholarship recipients and various youth agriculture programs across the state. This financial backing not only helps young agriculturalists pursue their educational goals but also strengthens the overall agricultural community in Wisconsin. By focusing on the production of high-quality livestock, the foundation encourages the next generation to contribute to an industry that plays a vital role in providing nutritious products for society.
Additionally, through its events, the foundation enhances understanding and appreciation of the agriculture industry, helping to bridge the gap between producers and consumers and ensuring that the importance of agriculture is recognized and celebrated within the community. Overall, the Blue Ribbon Sale Of Champions Foundation Inc serves as a catalyst for educational growth, community engagement, and the promotion of sustainable agricultural practices.
This information is meant to be a general summary of Blue Ribbon Sale Of Champions Foundation 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: $1,076
- Program Service Revenue: $332,040
- Gross Receipts: $359,166
Assets and Liabilities:
- Total Assets: $459,062
- Total Liabilities: $0
- Net Assets: $459,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Livestock Auction
Revenue
$317,990
Auction - Non Animal
Revenue
$9,500
Auction Ticket Sales
Revenue
$4,550
Organization Details
Founding Year
2010
Phone
(414) 234-9400Principal Officer
Kevin Bobolz
Main Address
640 S 84th Street, Milwaukee, WI, 53214
Website
www.gbrla.comNTEE Category
Code: D99 - Animals
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