Overview
What is Allen County Fairgrounds Inc?
Allen County Fairgrounds Inc, based in Fort Wayne, Indiana, is a nonprofit organization with a focus on promoting and fostering interest in various agricultural and domestic domains. They conduct an annual fair to showcase horticulture, animal husbandry, and home economics, as well as organize other related events such as fairs, expos, and exhibits. With a team of three dedicated individuals, their mission is to educate and engage the community in these essential aspects of life, contributing to the overall well-being and understanding of agriculture, horticulture, and home economics.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
Allen County Fairgrounds Inc received a One-Star rating from Charity Navigator, reflecting a score of 56%. This rating indicates significant concerns regarding the charity's overall performance, particularly in the area of accountability and finance. While the organization demonstrates strengths in board independence, conflict of interest policies, and asset management, these factors alone did not offset the low program expense ratio.
The organization boasts a fully independent board with 20 members, showcasing a strong governance structure. They also have a robust conflict of interest policy and maintain transparency by documenting board meeting minutes. However, the charity's program expense ratio of 58.15% is notably low, suggesting that a smaller portion of its expenditures is directed towards its programs, which may raise questions about its effectiveness and impact.
In summary, while Allen County Fairgrounds Inc exhibits solid governance and accountability practices, its financial practices, particularly regarding program expenses, are a significant area for improvement. Stakeholders may wish to consider these factors when evaluating the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Allen County Fairgrounds Inc legitimate?
Allen County Fairgrounds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen County Fairgrounds 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.
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What is the mission statement of Allen County Fairgrounds Inc?
Allen County Fairgrounds Inc's mission is centered around conducting annual fairs and events that foster interest in various sectors related to agriculture, horticulture, animal husbandry, and home economics. Their primary objective is to organize agricultural fairs, expos, exhibits, and related events to promote these fields. Their activities aim to encourage and educate the public, thereby contributing to the betterment of these areas.
Who is the CEO of Allen County Fairgrounds Inc?
Dan Mudrack is the Director of Allen County Fairgrounds Inc.
What is the revenue of Allen County Fairgrounds Inc?
Allen County Fairgrounds Inc's revenue in 2022 was $580,684.
Who are the executives of Allen County Fairgrounds Inc and what are their salaries?
There are 3 employees at Allen County Fairgrounds Inc.
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Where can I find the form 990 for Allen County Fairgrounds Inc?
Allen County Fairgrounds Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allen County Fairgrounds Inc
Allen County Fairgrounds Inc, as a nonprofit organization, is committed to promoting and fostering an interest in various aspects of agriculture, horticulture, animal husbandry, and home economics. Their primary mission is to conduct an annual agricultural fair, alongside other fairs, expos, and exhibits that showcase these fields. By doing so, they aim to engage the community and inspire individuals, encouraging a deeper understanding and appreciation for these sectors.
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Impact
July, 2024
Allen County Fairgrounds Inc's impact includes fostering a sense of community and promoting interest in agriculture, horticulture, animal husbandry, and home economics through its annual fairs, expos, and exhibits. By providing a platform for individuals to showcase their talents and products in these fields, the organization plays a vital role in celebrating and preserving these traditional skills and practices. Additionally, the events hosted by Allen County Fairgrounds Inc contribute to the local economy by attracting visitors and supporting vendors and businesses. Overall, the organization's activities promote education, entertainment, and cultural enrichment in the Fort Wayne area.
This information is meant to be a general summary of Allen County Fairgrounds 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: $177
- Program Service Revenue: $570,584
- Gross Receipts: $580,684
Assets and Liabilities:
- Total Assets: $1,435,257
- Total Liabilities: $12,012
- Net Assets: $1,423,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rentals
Revenue
$177,423
Membership Dues
Revenue
$1,804
Agricultural Fairs Derby
Revenue
$378,032
Camping Inc.
Revenue
$13,325
Organization Details
Founding Year
1980
Principal Officer
Dan Mudrack
Main Address
2726 Carroll Road, Fort Wayne, IN, 468189501
NTEE Category
Code: N520 - Recreation
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