Overview
What is Ionia Free Fair Association?
The Ionia Free Fair Association is a nonprofit organization that annually organizes a significant agricultural event, attracting over 655 exhibitors and an average crowd of around 430,000 people. Their primary mission is to stage this annual fair, which showcases various agricultural aspects and fosters community engagement. The association's activities contribute to the local economy and culture, offering a platform for various exhibitors to showcase their products and skills.
Official website here: www.ioniafreefair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Ionia Free Fair Association has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. With an overall score of 69%, the organization shows strengths in having a fully independent board and a high program expense ratio of 98.31%. This suggests that a significant portion of its resources is directed towards its programs, which is a positive indicator of its commitment to its mission.
However, the organization has notable gaps in governance practices, such as missing conflict of interest and whistleblower policies, as well as a lack of a document retention and destruction policy. These deficiencies can raise concerns regarding transparency and risk management. Despite these issues, there are no reported diversions of assets, which is a positive aspect of their financial integrity.
Overall, while the Ionia Free Fair Association demonstrates strong programmatic focus, it faces challenges in governance that need to be addressed to improve its rating and ensure long-term sustainability. Stakeholders may want to encourage the organization to implement the missing policies to enhance its overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Ionia Free Fair Association legitimate?
Ionia Free Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ionia Free Fair Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,301
For more financial information, click here
Official website here: www.ioniafreefair.com
What is the mission statement of Ionia Free Fair Association?
The Ionia Free Fair Association's primary role is to organize an annual agricultural fair. This event attracts a significant number of exhibitors, with over 655 participating each year. The fair also draws a considerable crowd, with an average attendance of around 430,000 people. The association's mission, in essence, is to facilitate this annual event, serving as a platform for various exhibitors and providing an opportunity for a large audience to engage in agricultural activities and attractions.
Official website here: www.ioniafreefair.com
Who is the CEO of Ionia Free Fair Association?
Trevor Tooker is the President of Ionia Free Fair Association.
Official website here: www.ioniafreefair.com
What is the revenue of Ionia Free Fair Association?
Ionia Free Fair Association's revenue in 2023 was $1,750,821.
Official website here: www.ioniafreefair.com
Who are the executives of Ionia Free Fair Association and what are their salaries?
The average compensation at Ionia Free Fair Association during 2023 was $26,660. There are 5 employees and 250 volunteers at Ionia Free Fair Association.
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Official website here: www.ioniafreefair.com
Where can I find the form 990 for Ionia Free Fair Association?
Ionia Free Fair Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ioniafreefair.com
Learn more at the official website: www.ioniafreefair.com
Mission Statement of Ionia Free Fair Association
The Ionia Free Fair Association, as its name suggests, is a non-profit organization that annually hosts a fair, with a primary focus on agriculture. This event attracts a substantial number of exhibitors, totaling over 655, drawing in an average crowd of approximately 430,000 people. The organization's mission is to orchestrate this annual agricultural fair, providing a platform for various participants to showcase their offerings. This yearly gathering serves as a gathering point for the community, fostering engagement and education around agricultural practices.
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Impact
July, 2024
The Ionia Free Fair Association's impact is significant, organizing an annual agricultural fair that attracts over 655 exhibitors and draws an average attendance of around 430,000 people. This event not only provides entertainment and recreation for the community but also supports local agriculture and businesses by showcasing their products and services. The fair serves as a platform for exhibitors to connect with a large audience and promotes a sense of community spirit and pride in Ionia, Michigan.
This information is meant to be a general summary of Ionia Free Fair Association. 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: $15,381
- Program Service Revenue: $1,233,808
- Gross Receipts: $1,750,821
Assets and Liabilities:
- Total Assets: $2,263,217
- Total Liabilities: $82,447
- Net Assets: $2,180,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCESSIONS
Revenue
$622,860
PARKING AND CAMPGROUND
Revenue
$255,288
GRANDSTAND EVENTS
Revenue
$181,343
SPECIAL ACTIVITIES
Revenue
$53,844
FOOD TRUCK RALLY
Revenue
$46,760
Organization Details
Founding Year
1940
Phone
(616) 527-1310Principal Officer
Trevor Tooker
Main Address
317 S DEXTER ST, IONIA, MI, 48846
Website
www.ioniafreefair.comNTEE Category
Code: N520 - Recreation
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