Overview
What is Ohio County & Independent Agricultural Society Inc?
Ohio County & Independent Agricultural Society Inc, also known as the Wood County Agricultural Society, is a nonprofit organization based in Bowling Green, Ohio. Their primary mission is to promote agriculture and benefit the citizens of Wood County by conducting an annual fair for a week. This event encompasses various activities such as junior and senior competitions, amusement rides, horse races, and grandstand events. The organization maintains the fairgrounds and rents them out for events that serve the local community, abiding by the guidelines set by the Ohio Department of Agriculture. With a team of 18 dedicated individuals, Ohio County & Independent Agricultural Society Inc plays a significant role in fostering community spirit and showcasing agricultural practices in Wood County.
Official website here: www.woodcounty-fair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Ohio County & Independent Agricultural Society Inc has earned a solid rating of 81%, indicating a good level of accountability and financial health. The rating is based entirely on one beacon score focusing on Accountability & Finance, highlighting the importance of transparency in nonprofit operations. The organization has shown significant strengths across various accountability metrics in its latest fiscal year.
The organization boasts a strong governance structure with 96% of its board members being independent, which contributes to effective oversight and decision-making. Additionally, it has no material diversion of assets, demonstrating a commitment to maintaining its resources for its intended purposes. The organization also maintains comprehensive policies regarding conflicts of interest, whistleblower protection, and document retention, further enhancing its accountability practices.
On the financial side, Ohio County & Independent Agricultural Society Inc demonstrates healthy financial management with a program expense ratio of 84.53%, indicating that a substantial portion of funding is directed towards its programs. The liabilities to assets ratio of 3.23% reflects low financial risk. However, while the organization shows strong performance in these areas, the single beacon score means that other aspects of the organization’s performance and impact are not reflected in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio County & Independent Agricultural Society Inc legitimate?
Ohio County & Independent Agricultural Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio County & Independent 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: $64,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,878
For more financial information, click here
Official website here: www.woodcounty-fair.com
What is the mission statement of Ohio County & Independent Agricultural Society Inc?
The Ohio County & Independent Agricultural Society Inc is dedicated to operating the Wood County Fair, maintaining the grounds, and renting out the premises for events that benefit the local community in accordance with the Ohio Department of Agriculture. Their primary mission is to promote agriculture by providing and maintaining facilities to support various programs and activities such as junior and senior fair competitions, amusement rides, horse races, and grandstand events. These events are organized to cater to the citizens of Wood County, Ohio, attracting approximately 100,000 people annually. The society's activities aim to contribute positively to the community by offering engaging and educational experiences related to agriculture.
Official website here: www.woodcounty-fair.com
What is the revenue of Ohio County & Independent Agricultural Society Inc?
Ohio County & Independent Agricultural Society Inc's revenue in 2023 was $1,286,472.
Official website here: www.woodcounty-fair.com
Who are the executives of Ohio County & Independent Agricultural Society Inc and what are their salaries?
The average compensation at Ohio County & Independent Agricultural Society Inc during 2023 was $15,058. There are 14 employees and 65 volunteers at Ohio County & Independent Agricultural Society Inc.
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Official website here: www.woodcounty-fair.com
Where can I find the form 990 for Ohio County & Independent Agricultural Society Inc?
Ohio County & Independent Agricultural Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.woodcounty-fair.com
Learn more at the official website: www.woodcounty-fair.com
Mission Statement of Ohio County & Independent Agricultural Society Inc
Ohio County & Independent Agricultural Society Inc, in its mission, focuses on operating the Wood County Fair, maintaining the fairgrounds, and renting out these grounds for events that benefit the citizens of Wood County, Ohio. This is done in accordance with the guidelines set by the Ohio Department of Agriculture. The society's primary objective is to conduct the annual Wood County Fair for a week, providing and maintaining facilities that support various programs and activities such as junior and senior fair competitions, amusement rides, horse races, and grandstand events. These events are aimed at promoting agriculture and catering to the entertainment needs of the citizens of Wood County, Ohio. The fair was attended by approximately 100,000 people, showcasing the society's success in fulfilling its mission to bring joy and educational opportunities to the community.
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Impact
October, 2024
Ohio County & Independent Agricultural Society Inc plays a pivotal role in enhancing community engagement and promoting agricultural education through the operation of the Wood County Fair. This annual event serves as a vibrant gathering that attracts approximately 100,000 attendees, providing an opportunity for residents to celebrate local agriculture, participate in competitions, and enjoy a variety of entertainment options, including amusement rides and grandstand events.
By maintaining the fairgrounds and organizing the fair, the organization fosters a sense of community and supports local agriculture. The array of competitions—ranging from junior to senior categories—encourages participation from individuals of all ages, helping to educate and inspire future generations about farming and agricultural practices. The society also contributes to the local economy by renting the grounds for various events throughout the year, which further benefits the citizens of Wood County.
In essence, their efforts not only preserve and promote agricultural traditions but also create a space for social interaction and community pride, reinforcing the cultural fabric of Wood County, Ohio.
This information is meant to be a general summary of Ohio County & Independent 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 2023.
- Investment Income: $4,213
- Program Service Revenue: $1,060,765
- Gross Receipts: $1,399,577
Assets and Liabilities:
- Total Assets: $994,731
- Total Liabilities: $32,154
- Net Assets: $962,577
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$296,192
ADMISSION FEES
Revenue
$498,848
EXHIBITOR FEES
Revenue
$150,590
CONTEST & ENTRY FEES
Revenue
$12,771
SPONSORSHIPS & PROMOTIO
Revenue
$102,364
Organization Details
Founding Year
1905
Principal Officer
Laura Westgate
Website
www.woodcounty-fair.comNTEE Category
Code: P20 - Human services
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