Overview
What is Henry County Agricultural Society Inc?
Henry County Agricultural Society Inc, based in Napoleon, Ohio, serves as a nonprofit organization primarily focused on promoting agriculture awareness to the general public. Their initiatives extend to showcasing various agricultural products, such as grain, cattle, swine, dairy, sheep, horses, goats, fowl, and vegetables. One of their key activities is providing wholesome entertainment through events like their annual fair, offering free grandstand access and other forms of entertainment. Their services include directing traffic, annual fire extinguisher service, shuttle, veterinarian, auditing, and legal services, among others. The majority of their revenue comes from general admissions, concessionaires, and merchants. They provide free parking, further emphasizing their commitment to providing an accessible and enjoyable experience for the public. With a staff of 12 individuals, they work diligently to uphold their mission of promoting agriculture and offering engaging entertainment.
Official website here: www.henrycountyfair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Henry County Agricultural Society Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is derived solely from the Accountability & Finance beacon, where the organization excels with a score of 81. The charity demonstrates strong governance practices, including a fully independent board of directors, which helps ensure transparency and effective oversight.
Notable strengths include a program expense ratio of 94.22%, reflecting that a significant portion of its budget is allocated directly to programs rather than administrative costs. Additionally, the organization has successfully implemented essential policies such as conflict of interest, whistleblower, and document retention protocols, which contribute to its overall accountability. The absence of any material diversion of assets further underscores its financial integrity.
However, while the organization shows strength in financial management and governance, the three-star rating suggests there may be areas for improvement that could enhance its impact or transparency. Potential donors and stakeholders may want to keep this in mind when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Henry County Agricultural Society Inc legitimate?
Henry County Agricultural Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry County Agricultural Society 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:
Executive Compensation: $17,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,265
For more financial information, click here
Official website here: www.henrycountyfair.org
What is the mission statement of Henry County Agricultural Society Inc?
Henry County Agricultural Society Inc's mission is centered around promoting awareness of various agricultural elements, such as grains, livestock, dairy products, poultry, and vegetables, to the general public. Their objective also includes providing wholesome entertainment for the public. They achieve this by covering expenses related to entertainment at their annual fair, as well as other services like directing traffic, conducting annual fire extinguisher services, operating a shuttle, hiring a veterinarian, and managing auditing and legal services. The society offers free grandstand entertainment and parking as part of their commitment to providing accessible and enjoyable experiences for visitors. The majority of their income comes from general admissions, concessionaires, and merchants at the fair.
Official website here: www.henrycountyfair.org
Who is the CEO of Henry County Agricultural Society Inc?
James Agler is the Vice President of Henry County Agricultural Society Inc.
Official website here: www.henrycountyfair.org
What is the revenue of Henry County Agricultural Society Inc?
Henry County Agricultural Society Inc's revenue in 2022 was $660,867.
Official website here: www.henrycountyfair.org
Who are the executives of Henry County Agricultural Society Inc and what are their salaries?
The average compensation at Henry County Agricultural Society Inc during 2022 was $3,606. There are 12 employees at Henry County Agricultural Society Inc.
Here are 21 key members and their salaries:
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Official website here: www.henrycountyfair.org
Where can I find the form 990 for Henry County Agricultural Society Inc?
Henry County Agricultural Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.henrycountyfair.org
Learn more at the official website: www.henrycountyfair.org
Mission Statement of Henry County Agricultural Society Inc
Henry County Agricultural Society Inc is dedicated to promoting awareness about agriculture among the general public. This nonprofit organization specializes in showcasing various agricultural products such as grains, cattle, swine, dairy, sheep, horses, goats, fowl, and vegetables. Beyond education, Henry County Agricultural Society Inc also provides wholesome entertainment to the public. This is achieved through their annual fair, where visitors can enjoy various forms of entertainment, including grandstand shows and free events outside the grandstand. The organization's primary source of income comes from general admissions, concessionaires, and merchants, ensuring that the fair remains accessible and affordable for all. In addition to the fair, Henry County Agricultural Society Inc also covers expenses related to directing traffic, annual fire extinguisher service, shuttle service, veterinarian services, auditing, and legal services to ensure the smooth operation of their events.
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Impact
July, 2024
Henry County Agricultural Society Inc's impact can be seen through its promotion of agriculture awareness to the general public, including the promotion of various aspects such as grain, cattle, swine, dairy, sheep, horses, goats, fowl, and vegetables. The organization also provides wholesome entertainment, including services like directing traffic, annual fire extinguisher service, shuttle services, veterinarian services, auditing, and legal services.
One significant aspect of their impact is the annual Henry County Fair, which features $74,718 allocated for wholesome entertainment. They offer free grandstand entertainment, as well as free entertainment beyond the grandstand, and provide free parking for attendees. The majority of the fair's income comes from general admissions, concessionaires, and merchants, making their revenue by expense non-allocable.
In essence, the Henry County Agricultural Society Inc plays a vital role in promoting agriculture awareness and providing entertainment opportunities for the community, contributing to the enrichment of agricultural knowledge and fostering a sense of community engagement.
This information is meant to be a general summary of Henry County Agricultural Society 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: $132
- Program Service Revenue: $468,431
- Gross Receipts: $660,867
Assets and Liabilities:
- Total Assets: $1,114,865
- Total Liabilities: $0
- Net Assets: $1,114,865
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$265,252
PRIVLILEGE FEES
Revenue
$57,943
SALES DURING FAIR AND O
Revenue
$18,155
RACING FEES AND CHARGES
Revenue
$106,816
CLASS CONTEST
Revenue
$4,340
Organization Details
Founding Year
1887
Principal Officer
James Agler
Main Address
PO BOX 387, NAPOLEON, OH, 43545
Website
www.henrycountyfair.orgNTEE Category
Code: K20 - Food
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