Overview
What is The Richwood Independent Agricultural Society?
The Richwood Independent Agricultural Society is a nonprofit organization based in Richwood, Ohio. Its primary purpose is to promote and encourage agriculture, industry, science, art, and other interests beneficial to Union County. The society organizes an annual fair, featuring activities such as junior and senior fair projects, horse racing, tractor pulls, entertainment, rides, food, vendors, games, rough truck contests, and various other fair-related activities. The society adheres to the guidelines of a 501(c)(3) organization, meaning its net earnings cannot benefit its members or private individuals. The society's mission is to contribute to charitable, educational, and scientific causes, primarily within Union County, and it does not engage in political lobbying or campaign activities.
Official website here: www.richwoodfair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 69%)
The Richwood Independent Agricultural Society has received a two-star rating from Charity Navigator, indicating that the organization requires improvements in its financial and accountability practices. While the overall score is 69%, the society has demonstrated strengths such as having a fully independent board and a very high program expense ratio of 99.55%, suggesting that almost all funds are directed toward its programs.
However, significant limitations have been noted, particularly in terms of transparency and governance. The organization does not have financial statements available, which negatively impacts its score, and it is missing essential policies such as conflict of interest, whistleblower, and document retention. These gaps highlight areas where the organization could enhance its accountability and governance structures to build trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Richwood Independent Agricultural Society?
96% of 224 reviewers on Facebook recommend The Richwood Independent Agricultural Society. Here is a summary of their reviews:
Many attendees express immense satisfaction, praising the fantastic fair experience and strong community involvement that it fosters. Highlighting elements such as rides, exhibits, and competitions, reviewers often mention the nostalgia that it brings, likening it to a cherished hometown fair. One user even wished for a higher rating, celebrating the well-organized events and effort put into making the fair a remarkable experience.
Overall, the comments reflect a deep appreciation for the dedication of the organization and its positive impact on the community. Attendees feel that the fair truly delivers a memorable and enjoyable experience for all involved.
This AI summary has been generated from reviews found on Facebook.
Is The Richwood Independent Agricultural Society legitimate?
The Richwood Independent Agricultural Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Richwood Independent 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: $0
For more financial information, click here
Official website here: www.richwoodfair.com
What is the mission statement of The Richwood Independent Agricultural Society?
The Richwood Independent Agricultural Society is established for charitable, educational, and scientific purposes. One of its key objectives is to distribute funds to organizations that fall under Section 501(C)(3) of the Internal Revenue Code or its corresponding section in future federal tax codes. The society refrains from attempting to influence legislation as a substantial part of its activities and does not participate in campaign activities for or against political candidates. The organization operates without benefiting any private interests, ensuring that its net earnings do not inure to the benefit of its members, trustees, officers, or other private persons. Its primary purpose is to promote and encourage agriculture, industry, science, art, and other interests within the community, which the board deems to be proper and in the best interest of the community. Upon dissolution, any remaining assets are to be distributed to one or more organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code.
Official website here: www.richwoodfair.com
What is the revenue of The Richwood Independent Agricultural Society?
The Richwood Independent Agricultural Society's revenue in 2024 was $715,472.
Official website here: www.richwoodfair.com
Who are the executives of The Richwood Independent Agricultural Society and what are their salaries?
There 42 volunteers at The Richwood Independent Agricultural Society.
Here are 19 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
- 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.richwoodfair.com
Where can I find the form 990 for The Richwood Independent Agricultural Society?
The Richwood Independent Agricultural Society's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.richwoodfair.com
Learn more at the official website: www.richwoodfair.com
Mission Statement of The Richwood Independent Agricultural Society
The Richwood Independent Agricultural Society, a nonprofit organization, is established with charitable, educational, and scientific objectives in mind. Its primary purpose is to support and encourage various sectors such as agriculture, industry, science, art, and other interests that are deemed beneficial for the community of Union County. The society adheres to the guidelines set by Section 501(C)(3) of the Internal Revenue Code, ensuring that it does not contribute to political campaigns or attempt to influence legislation. Its operations are not geared towards the advantage of any private interests, and its net earnings cannot benefit its members, trustees, officers, or private individuals. Upon its dissolution, any remaining assets must be distributed to other eligible charitable organizations. The society's main goal is to foster growth and development in these areas, ultimately contributing positively to the community's well-being.
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 Richwood Independent Agricultural Society's impact can be seen through its dedication to promoting and encouraging agriculture, industry, science, art, and other interests in Union County and the surrounding areas. By operating an independent fair that includes a wide range of activities such as junior and senior fair projects, horse racing, tractor pulls, demolition derby, entertainment, rides, food vendors, games, and rough truck contests, the society actively engages the community and provides an avenue for showcasing talents and skills.
Through these activities, the society not only provides a platform for individuals to participate and showcase their work but also fosters a sense of community spirit and unity. The fair serves as a gathering place for people to come together, celebrate local traditions, and support the agricultural sector. Additionally, by supporting various charitable, educational, and scientific purposes, the society plays a crucial role in contributing to the overall development and well-being of the community.
Overall, The Richwood Independent Agricultural Society's impact extends beyond just organizing events; it helps foster a sense of pride in the community, supports local talents and industries, and contributes to the overall growth and prosperity of Union County and its residents.
This information is meant to be a general summary of The Richwood Independent 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 2024.
- Investment Income: $6,009
- Program Service Revenue: $189,502
- Gross Receipts: $715,472
Assets and Liabilities:
- Total Assets: $378,967
- Total Liabilities: $0
- Net Assets: $378,967
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.
ADMISSIONS
Revenue
$83,262
RENTALS
Revenue
$51,963
SUSTAINING AND ENTRY FEES
Revenue
$24,577
OTHER
Revenue
$18,016
PRIVILEGE FEES
Revenue
$11,684
Organization Details
Founding Year
1892
Principal Officer
Cody Johnston
Website
www.richwoodfair.comNTEE Category
Code: K20 - Food
If you are a representative of The Richwood Independent 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.