Overview
What is Bagg Bonanza Farm?
Bagg Bonanza Farm, situated in Mooreton, North Dakota, is a nonprofit organization with a focus on preserving historical sites. Their primary objective is to maintain a historical site, ensuring its upkeep and conservation for future generations. This mission falls under the arts, culture, or humanities sector, contributing to the rich historical heritage of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
Bagg Bonanza Farm has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization scored well in categories such as accountability with a perfect score for having an independent board, it fell short in crucial aspects of transparency. Specifically, the nonprofit lacks essential policies and disclosures, including a conflict of interest policy and a whistleblower policy, which adversely affects its overall score.
Financially, Bagg Bonanza Farm exhibits a strong program expense ratio of 100%, showing that all their expenses are directed towards their programs. This is a positive sign of commitment to their mission. Additionally, their liabilities to assets ratio is low at 1.91%, indicating sound financial management in terms of their obligations. However, the absence of listed policies and documentation raises concerns regarding the governance and accountability of the organization.
Overall, while Bagg Bonanza Farm demonstrates strength in program delivery and financial management, the lack of critical governance practices needs addressing. Enhancing transparency and establishing necessary policies would likely improve their rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Bagg Bonanza Farm legitimate?
Bagg Bonanza Farm is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bagg Bonanza Farm 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 Bagg Bonanza Farm?
The mission of Bagg Bonanza Farm, as an arts, culture, or humanities organization, is centered around the preservation and maintenance of a historical site. This mission involves safeguarding and showcasing historical artifacts and structures, ensuring they are well-maintained for future generations to appreciate and learn from. The organization's activities aim to educate and inspire people about the historical significance of these sites, fostering a deeper understanding and appreciation for the past.
Who is the CEO of Bagg Bonanza Farm?
Norma Nosek is the President of Bagg Bonanza Farm.
What is the revenue of Bagg Bonanza Farm?
Bagg Bonanza Farm's revenue in 2021 was $59,395.
Who are the executives of Bagg Bonanza Farm and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Bagg Bonanza Farm?
Bagg Bonanza Farm's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Bagg Bonanza Farm
Bagg Bonanza Farm, as an arts, culture, or humanities organization, is committed to preserving and maintaining a historical site. Their mission revolves around safeguarding and showcasing a site of historical significance, ensuring its continuity for future generations to appreciate and learn from. By dedicating their efforts to this purpose, Bagg Bonanza Farm contributes to the preservation of cultural heritage and historical knowledge, fostering a deeper understanding of our past and its impact on our present and future.
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Impact
August, 2024
Bagg Bonanza Farm's impact lies in its preservation and maintenance of a historical site in Mooreton, ND. By ensuring the upkeep of this significant piece of history, Bagg Bonanza Farm contributes to the preservation of cultural heritage and offers a valuable educational resource for the community and visitors. This initiative helps to keep the region's history alive and brings awareness to the importance of preserving historical sites for future generations to appreciate and learn from.
This information is meant to be a general summary of Bagg Bonanza Farm. 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 2021.
- Program Service Revenue: $14,352
- Gross Receipts: $65,624
Assets and Liabilities:
- Total Assets: $697,303
- Total Liabilities: $0
- Net Assets: $697,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATE RECEIPTS AND TOURS
Revenue
$2,335
Membership Dues & Assessments
Revenue
$5,720
SPECIAL EVENTS PROCEEDS
Revenue
$6,297
Organization Details
Principal Officer
Norma Nosek
Main Address
PO Box 702, Mooreton, ND, 58061
NTEE Category
Code: A00 - Arts
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