Overview
What is Allen County Agricultural Society A Non-Profit Corporation?
Allen County Agricultural Society A Non-Profit Corporation is an organization dedicated to serving and benefiting the residents of Allen County, nearby regions, and the State of Ohio. Their primary mission is to plan, organize, and manage the annual Allen County Fair, with the aim of supporting and promoting the agriculture sector in Ohio. Beyond the fair, they carry out various other purposes that contribute positively to their local community. This nonprofit's activities primarily revolve around fostering the vital agriculture industry in the region.
Official website here: www.allencofair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62% (Two-Star out of Four Stars)
The Allen County Agricultural Society A Non-Profit Corporation has received a score of 62%, which reflects its financial accountability and transparency. The rating is primarily based on the organization’s financial practices, but it has significant deficiencies in governance, particularly regarding board independence. With no independent board members, the organization may face challenges in maintaining an objective oversight of its operations.
Strengths of the organization include a strong program expense ratio of 97.76%, indicating that a significant portion of its budget is directed towards its mission-related activities. Additionally, it has policies for conflict of interest and document retention in place, demonstrating some level of commitment to good governance practices. However, the lack of a whistleblower policy and missing financial statements are notable gaps that could undermine stakeholder trust.
Overall, while the Allen County Agricultural Society shows a commitment to its programs, its low rating highlights important areas for improvement, particularly in governance and transparency. Addressing these weaknesses could enhance the organization's credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Allen County Agricultural Society A Non-Profit Corporation legitimate?
Allen County Agricultural Society A Non-Profit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen County Agricultural Society A Non-Profit Corporation 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: $105,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $417,190
For more financial information, click here
Official website here: www.allencofair.com
What is the mission statement of Allen County Agricultural Society A Non-Profit Corporation?
The Allen County Agricultural Society, as a non-profit corporation, aims to serve and benefit the citizens of Allen County, adjacent counties, and the State of Ohio. Their primary objective is to organize and operate an annual Agricultural Fair, promoting and supporting the agricultural industry in Ohio. Beyond this, they carry out additional purposes that contribute to the community's well-being, all in line with their commitment to serving this important sector.
Official website here: www.allencofair.com
What is the revenue of Allen County Agricultural Society A Non-Profit Corporation?
Allen County Agricultural Society A Non-Profit Corporation's revenue in 2024 was $3,644,269.
Official website here: www.allencofair.com
Who are the executives of Allen County Agricultural Society A Non-Profit Corporation and what are their salaries?
The average compensation at Allen County Agricultural Society A Non-Profit Corporation during 2024 was $4,433. There are 118 employees and 200 volunteers at Allen County Agricultural Society A Non-Profit Corporation.
Here are 21 key members and their salaries:
- Compensation: $77,885
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $330
- Related: $0
- Other: $0
- Compensation: $330
- Related: $0
- Other: $0
- Compensation: $330
- Related: $0
- Other: $0
- Compensation: $330
- Related: $0
- Other: $0
- Compensation: $330
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $270
- Related: $0
- Other: $0
- Compensation: $240
- Related: $0
- Other: $0
- Compensation: $30
- Related: $0
- Other: $0
Official website here: www.allencofair.com
Where can I find the form 990 for Allen County Agricultural Society A Non-Profit Corporation?
Allen County Agricultural Society A Non-Profit Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.allencofair.com
Learn more at the official website: www.allencofair.com
Mission Statement of Allen County Agricultural Society A Non-Profit Corporation
The Allen County Agricultural Society, a non-profit corporation, is committed to serving and benefiting the citizens of Allen County and the surrounding areas in Ohio, as well as the state as a whole. Their primary mission is to organize and execute an annual Agricultural Fair, a venture that promotes and supports the vital industry of agriculture within Ohio. Beyond the fair, the organization carries out additional purposes that align with this industry, ultimately aiming to contribute positively to the community.
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Impact
October, 2024
The Allen County Agricultural Society significantly impacts the local community and the broader region by organizing and operating the annual Allen County Fair. This event serves as a platform to celebrate and promote the agricultural industry, which is vital to Ohio's economy. By bringing together farmers, families, and visitors, the fair fosters a sense of community and provides educational opportunities about agriculture, sustainability, and local food production.
The fair also supports local businesses and vendors, driving economic activity in the area. It showcases the hard work of local farmers and producers, enhancing their visibility and promoting local food systems. Additionally, the event encourages social interaction and cultural exchange, strengthening the bonds among citizens of Allen County and neighboring areas. Through these efforts, the Allen County Agricultural Society plays a crucial role in sustaining the agricultural heritage of the region while engaging and benefiting the community as a whole.
This information is meant to be a general summary of Allen County Agricultural Society A Non-Profit Corporation. 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: $32,067
- Program Service Revenue: $2,624,059
- Gross Receipts: $3,666,949
Assets and Liabilities:
- Total Assets: $1,159,414
- Total Liabilities: $33,449
- Net Assets: $1,125,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions to Fair
Revenue
$643,795
Livestock Sale
Revenue
$806,765
Rental of Facilities
Revenue
$319,310
Privelidge Fees
Revenue
$364,551
Racing Fees
Revenue
$44,049
Organization Details
Founding Year
1905
Principal Officer
Stepleton Brook
Website
www.allencofair.comNTEE Category
Code: K20 - Food
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