Overview
What is Howard County Agricultural Society?
The Howard County Agricultural Society, established in Cresco, Iowa, serves as the governing body for the local fairgrounds. Their primary role is to manage and oversee all activities on these premises, including the annual county fair. Beyond this, they also operate various programs, such as the Mighty Howard County Iowa fair and racetrack. This nonprofit organization is the proud parent and proprietor of the Howard County Iowa fairgrounds, ensuring the successful execution of various events and attractions throughout the year.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Howard County Agricultural Society has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization’s score reflects a perfect Accountability & Finance score of 90%, demonstrating their strong governance practices and transparency in financial reporting.
Strengths of the organization include a fully independent board, with 100% of its 24 members meeting independence criteria. They also excel in financial oversight, with no material diversion of assets reported and a solid program expense ratio of 100%, ensuring that all expenses are directed towards their programmatic goals.
While the overall rating is impressive, it is primarily based on the accountability and financial criteria, suggesting that potential donors should consider additional factors such as the organization's impact and effectiveness in fulfilling its mission. Overall, the Howard County Agricultural Society demonstrates strong financial management and governance practices, making it a trustworthy nonprofit in the agricultural community.
This AI summary has been generated from information found on Charity Navigator.
Is Howard County Agricultural Society legitimate?
Howard County Agricultural Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Howard County Agricultural Society 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 Howard County Agricultural Society?
The Howard County Agricultural Society acts as the manager and proprietor of the local fairgrounds, overseeing all activities that transpire on the premises, including the annual county fair. Their primary role involves ensuring the smooth operation of various events, including the well-known annual event. Beyond this, the society also offers additional programs such as the Mighty Howard County Iowa fair and racetrack, expanding their involvement in the community. In essence, their mission revolves around maintaining and managing the fairgrounds and associated events to serve the community of Howard County.
What is the revenue of Howard County Agricultural Society?
Howard County Agricultural Society's revenue in 2024 was $823,383.
Who are the executives of Howard County Agricultural Society and what are their salaries?
There 50 volunteers at Howard County Agricultural Society.
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Where can I find the form 990 for Howard County Agricultural Society?
Howard County Agricultural Society's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Howard County Agricultural Society
The Howard County Agricultural Society, as the parent organization and proprietor of the Howard County Iowa fairgrounds, is entrusted with overseeing all activities that take place on this premise. This encompasses the annual county fair, along with various other events and programs. One such event is the Mighty Howard County Iowa fair, showcasing the society's dedication to promoting agricultural and community activities. The Howard County Agricultural Society serves as a vital entity in its field, managing and coordinating these diverse events on the fairgrounds.
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Impact
July, 2024
The Howard County Agricultural Society plays a crucial role in the community as the parent organization and owner of the Howard County Iowa fairgrounds. They are charged with overseeing all activities on the fairgrounds, including the popular annual county fair. In addition to organizing the fair, the society offers various programs such as the Mighty Howard County Iowa fair and racetrack. Their impact is felt throughout Cresco, IA, and beyond, as they provide a platform for agricultural education, entertainment, and community engagement.
This information is meant to be a general summary of Howard County Agricultural Society. 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: $4,475
- Program Service Revenue: $664,183
- Gross Receipts: $823,383
Assets and Liabilities:
- Total Assets: $7,301,240
- Total Liabilities: $106,715
- Net Assets: $7,194,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOWARD COUNTY FAIR
Revenue
$509,272
EXPO/CONCESSIONS
Revenue
$99,588
SPEEDWAY
Revenue
$9,968
Organization Details
Founding Year
1924
Principal Officer
Tom Barnes
NTEE Category
Code: K20 - Food
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