Overview
What is Burt County Fair Foundation?
The Burt County Fair Foundation is a nonprofit organization situated in Oakland, Nebraska. Its primary objective is to garner public and private support for the enhancement, upkeep, and progression of the Burt County Fair. The foundation's mission revolves around promoting and backing the Burt County Fair, working diligently to maintain its existence and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Burt County Fair Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain governance and financial transparency aspects. While the foundation boasts a strong accountability and finance score of 70%, it lacks several critical policies and documentation that are essential for nonprofit governance, which contributes to its overall low rating.
Strengths of the Burt County Fair Foundation include a high program expense ratio of 98.66%, demonstrating a commitment to channeling funds towards its programs. Additionally, the organization is governed by a fully independent board, with no material diversion of assets, and a favorable liabilities to assets ratio of 0.00%. These factors reflect positively on its financial management.
However, the foundation faces several limitations, such as missing key governance policies like a conflict of interest policy and a whistleblower policy. Furthermore, important documents such as board meeting minutes and tax forms are not readily available on its website, which could hinder transparency and public trust. Addressing these deficiencies would significantly enhance the foundation's governance and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Burt County Fair Foundation legitimate?
Burt County Fair Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burt County Fair Foundation 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
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What is the mission statement of Burt County Fair Foundation?
The Burt County Fair Foundation's mission is centered around encouraging both public and private contributions. This support is aimed at maintaining, improving, developing, and expanding the Burt County Fair. The primary objective of the foundation is to foster the growth and success of the fair.
Who is the CEO of Burt County Fair Foundation?
Jason Penke is the None of Burt County Fair Foundation.
What is the revenue of Burt County Fair Foundation?
Burt County Fair Foundation's revenue in 2023 was $111,442.
Who are the executives of Burt County Fair Foundation and what are their salaries?
There 20 volunteers at Burt County Fair Foundation.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Burt County Fair Foundation?
Burt County Fair Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Burt County Fair Foundation
The Burt County Fair Foundation is dedicated to inspiring both public and private contributions for the betterment of the Burt County Fair. Their mission encompasses providing support, maintaining, improving, developing, and expanding this fair. Essentially, their primary objective is to ensure the success and growth of the Burt County Fair.
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Impact
October, 2024
The Burt County Fair Foundation plays a vital role in enhancing the community experience through the support and development of the Burt County Fair in Oakland, Nebraska. By encouraging both public and private contributions, the foundation ensures the fair's maintenance, improvement, and expansion, creating a vibrant venue for recreation and community engagement. This commitment not only preserves the fair's traditions but also strengthens local ties, fosters economic growth, and promotes cultural activities. The foundation's efforts significantly impact the quality of life for residents by providing a platform for entertainment, education, and social interaction, making the Burt County Fair a cherished and impactful event in the region.
This information is meant to be a general summary of Burt County Fair Foundation. 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 2023.
- Investment Income: $1,265
- Gross Receipts: $111,442
Assets and Liabilities:
- Total Assets: $156,957
- Total Liabilities: $0
- Net Assets: $156,957
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Organization Details
Founding Year
1950
Phone
(402) 374-1245Principal Officer
Jason Penke
Main Address
3485 COUNTY RD K, TEKAMAH, NE, 68061
NTEE Category
Code: N11 - Recreation
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