Overview
What is Carter Co Fair Inc?
Carter Co Fair Inc, situated in Grayson, Kentucky, is a dedicated nonprofit organization. Its primary mission revolves around the promotion and advancement of rural culture, youth, local tourism, economic development, and agriculture. This includes showcasing and preserving rural cultural resources. The organization's activities are centered around the development of rural communities, aiming to enhance the quality of life for their residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Carter Co Fair Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 87%. This rating indicates a strong level of accountability and financial health within the organization. The charity excels in areas such as having a fully independent board and a robust conflict of interest policy, which enhances its governance.
The organization demonstrates effective financial management, as evidenced by a program expense ratio of 80.48%, suggesting that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the low liabilities to assets ratio of 20.71% indicates a strong financial position, allowing for sustainable operations.
While the organization showcases several strengths, it is important to note that the rating does not provide details on specific programs or outcomes achieved. Therefore, potential donors may want to consider seeking additional information about the charity's impact to make informed contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Carter Co Fair Inc legitimate?
Carter Co Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carter Co Fair 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:
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What is the mission statement of Carter Co Fair Inc?
Carter Co Fair Inc's mission revolves around the promotion of rural cultural and community development. They actively work towards enhancing rural culture, fostering youth advancement, boosting local tourism, encouraging economic development, and preserving agricultural and rural cultural resources. Their activities are multifaceted, encompassing various aspects that contribute to the betterment of rural communities.
Who is the CEO of Carter Co Fair Inc?
Will Davis is the Treasurer of Carter Co Fair Inc.
What is the revenue of Carter Co Fair Inc?
Carter Co Fair Inc's revenue in 2022 was $92,452.
Who are the executives of Carter Co Fair Inc and what are their salaries?
There 15 volunteers at Carter Co Fair Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Carter Co Fair Inc?
Carter Co Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carter Co Fair Inc
Carter Co Fair Inc, as a nonprofit organization, is dedicated to the promotion of rural cultural and community development. Their mission encompasses various aspects, including the advancement of youth, the encouragement of local tourism, the stimulation of economic development, and the preservation of rural cultural resources. This organization further extends its reach to agriculture, striving to contribute positively to this sector as well. In essence, Carter Co Fair Inc is committed to fostering a thriving rural community, celebrating its culture, and ensuring its sustainable growth.
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Impact
October, 2024
Carter Co Fair Inc plays a vital role in fostering rural cultural and community development in Grayson, KY. By promoting local tourism and showcasing agricultural resources, the fair enhances community engagement and strengthens local identity. The event serves as a platform for youth advancement, encouraging participation in cultural activities and providing opportunities for skill development.
Economically, the fair boosts the local economy by attracting visitors, which benefits local businesses and creates opportunities for vendors. Additionally, the promotion of agriculture and rural culture helps preserve the heritage and traditions of the region, ensuring they are celebrated and passed down through generations. Through its various activities, Carter Co Fair Inc not only enriches the community culturally but also contributes to its overall development and sustainability.
This information is meant to be a general summary of Carter Co Fair 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.
- Program Service Revenue: $66,756
- Gross Receipts: $92,452
Assets and Liabilities:
- Total Assets: $361,671
- Total Liabilities: $75,383
- Net Assets: $286,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fair Gate and Entries
Revenue
$66,756
Organization Details
Founding Year
1997
Phone
(606) 475-0688Principal Officer
Will Davis
Main Address
526 East Main Street, Grayson, KY, 41143
NTEE Category
Code: N520 - Recreation
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