Monroe County Fair Association

Charity Navigator Rating: Needs Improvement

The Monroe County Fair Association has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. While the organization demonstrates strong accountability through its fully independent board members and maintains a low liabilities to assets ratio, it struggles significantly with transparency as evidenced by the lack of financial statements and several missing policies that are crucial for governance.

The organization excels in program expense ratio, allocating 100% of its expenses to programs, which suggests a strong commitment to its mission. However, the absence of key documentation, such as its financial statements and conflict of interest policy, raises concerns about its overall financial management and accountability practices. These limitations highlight areas that the organization must address to enhance its credibility and effectiveness.

To improve its rating and public trust, the Monroe County Fair Association would benefit from implementing robust financial reporting and ensuring that all governance policies are in place and accessible. By focusing on these areas, the organization can strengthen its operational practices and better serve its mission within the community.

This AI summary has been generated from information found on Charity Navigator.

Monroe County Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe County 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: $122,793

For more financial information, click here