Overview
What is Madison County Agricultural Society?
Madison County Agricultural Society is a nonprofit organization, based in London, Ohio, with a mission to promote, teach, support, encourage, and expand agricultural principles within the county. They aim to foster industry, sciences, arts, and other cultural and educational interests in Madison County as well. With a small yet dedicated workforce of four individuals, the society's activities focus on advocating for farming practices and agriculture education, while also supporting various cultural and educational initiatives within the community.
Official website here: www.madisoncountyfairoh.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. The Madison County Agricultural Society has received a moderate rating reflecting challenges in its transparency and accountability practices. While the organization has demonstrated strong governance with 100% independent board members and no material diversion of assets, it lacks essential financial documentation and policies.
Strengths include a high program expense ratio of 87.75%, indicating that a significant majority of its funds are being directed toward its charitable programs. The organization has well-documented board meeting minutes and a solid liabilities to assets ratio of 28.26%, suggesting sound financial health in that aspect.
However, the absence of financial statements and key policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about the organization's overall accountability. Furthermore, the failure to post its tax form on its website limits transparency, which is crucial for fostering trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Madison County Agricultural Society legitimate?
Madison County Agricultural Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison County Agricultural Society 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: $49,163
For more financial information, click here
Official website here: www.madisoncountyfairoh.com
What is the mission statement of Madison County Agricultural Society?
The Madison County Agricultural Society is committed to promoting, teaching, supporting, and encouraging good farming practices within the county. They also strive to advance industry, sciences, arts, and all other cultural and educational interests. Their mission extends to supporting public schools and various other educational initiatives, as deemed appropriate by the board of directors. The society aims to foster and expand agriculture within the county, while also promoting various industries and educational pursuits.
Official website here: www.madisoncountyfairoh.com
Who is the CEO of Madison County Agricultural Society?
Paul Gross is the Board Member of Madison County Agricultural Society.
Official website here: www.madisoncountyfairoh.com
What is the revenue of Madison County Agricultural Society?
Madison County Agricultural Society's revenue in 2022 was $667,320.
Official website here: www.madisoncountyfairoh.com
Who are the executives of Madison County Agricultural Society and what are their salaries?
The average compensation at Madison County Agricultural Society during 2022 was $12,291. There are 4 employees at Madison County Agricultural Society.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.madisoncountyfairoh.com
Where can I find the form 990 for Madison County Agricultural Society?
Madison County Agricultural Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madisoncountyfairoh.com
Learn more at the official website: www.madisoncountyfairoh.com
Mission Statement of Madison County Agricultural Society
The Madison County Agricultural Society, as a nonprofit organization, is committed to promoting, teaching, supporting, and encouraging the principles of good husbandry and agriculture within the county. This mission extends beyond agriculture, as the society also aims to support industry, sciences, arts, and all other cultural and educational interests within the region. The society's goals are multifaceted, aiming not only to enhance agricultural practices but also to bolster the overall development of the community. This includes supporting public schools and various cultural and educational interests, as deemed appropriate by the Board of Directors. The Madison County Agricultural Society serves as a driving force in fostering a thriving and educated community, with a strong focus on agriculture and rural development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Madison County Agricultural Society plays a significant role in promoting, teaching, supporting, encouraging, and expanding the principles of good husbandry and agriculture within Madison County. Additionally, it works to promote, support, encourage, and extend industry, the sciences, the arts, and all other cultural and educational interests of the county. Through various programs and initiatives, the organization contributes to the development and growth of agriculture and various educational interests in Madison County.
This information is meant to be a general summary of Madison County Agricultural Society. 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: $153,264
- Gross Receipts: $667,320
Assets and Liabilities:
- Total Assets: $37,857
- Total Liabilities: $10,700
- Net Assets: $27,157
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR ADMISSION AND FEES
Revenue
$153,264
Organization Details
Founding Year
1852
Phone
(614) 875-0803Principal Officer
Paul Gross
Main Address
PO BOX 30, LONDON, OH, 43140
Website
www.madisoncountyfairoh.comNTEE Category
Code: O50 - Youth development
If you are a representative of Madison County Agricultural Society and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.