Overview
What is Boone County Agricultural Association?
Boone County Agricultural Association is a nonprofit organization situated in Boone, Iowa, with a primary focus on agriculture. Their mission is to organize and operate the annual Boone County Fair, which serves as a platform for showcasing agricultural activities, cultivating community spirit, and promoting agricultural education. The association plays a significant role in the local community by organizing this event.
Official website here: www.boonecountyfairia.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Boone County Agricultural Association has achieved a strong score of 96%, reflecting its commitment to accountability and financial management. This rating is derived entirely from its Accountability & Finance metrics, showcasing the organization’s effective governance and fiscal responsibility. A Four-Star rating is a notable achievement, indicating that the association adheres to high standards of transparency and ethical practices.
The organization excels in several areas, including having a fully independent board of directors and a robust oversight committee for financial statements. Additionally, it maintains no material diversion of assets and has strong policies in place regarding conflicts of interest and whistleblowing. The program expense ratio is also impressive at 91.33%, demonstrating that a significant portion of its resources is dedicated to its mission-driven activities.
While the financial metrics are strong, there is no discussion of specific program outcomes or community impact in the available data. This could be an area for further exploration for potential donors interested in understanding the direct effects of the organization’s initiatives. Overall, the Boone County Agricultural Association appears to be a well-managed and financially sound nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Boone County Agricultural Association legitimate?
Boone County Agricultural Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boone County Agricultural 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: $32,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.boonecountyfairia.com
What is the mission statement of Boone County Agricultural Association?
The Boone County Agricultural Association, being a nonprofit organization based in agriculture, is committed to its mission of organizing and managing the annual Boone County fair. This mission aims to provide a platform for various agricultural activities, fostering a sense of community and celebrating the rural lifestyle. The association works towards ensuring the success of the fair, promoting agricultural education and entertainment for the broader community.
Official website here: www.boonecountyfairia.com
Who is the CEO of Boone County Agricultural Association?
Pat Erb is the President of Boone County Agricultural Association.
Official website here: www.boonecountyfairia.com
What is the revenue of Boone County Agricultural Association?
Boone County Agricultural Association's revenue in 2023 was $594,562.
Official website here: www.boonecountyfairia.com
Who are the executives of Boone County Agricultural Association and what are their salaries?
The average compensation at Boone County Agricultural Association during 2023 was $32,012. There is 1 employee and 75 volunteers at Boone County Agricultural Association.
Here are 26 key members and their salaries:
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Official website here: www.boonecountyfairia.com
Where can I find the form 990 for Boone County Agricultural Association?
Boone County Agricultural Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.boonecountyfairia.com
Learn more at the official website: www.boonecountyfairia.com
Mission Statement of Boone County Agricultural Association
Boone County Agricultural Association, a nonprofit organization based in Iowa, is dedicated to an essential agricultural mission. Its primary role is to organize and operate the Boone County Fair, an event that serves as a platform for showcasing the agricultural prowess of the community. This nonprofit's activities revolve around the meticulous planning and execution of this annual event, providing an opportunity for farmers, ranchers, and agricultural enthusiasts to showcase their hard work and share their passion for agriculture with the public. The Boone County Agricultural Association's mission is to foster a sense of community and celebrate the rich agricultural heritage of the area, all through the medium of the Boone County Fair.
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Impact
July, 2024
Boone County Agricultural Association's impact is significant in promoting and supporting agriculture in the Boone County area through their organization and operation of the Boone County Fair. By providing a platform for farmers, businesses, and community members to showcase their agricultural products and talents, the association helps to foster a strong agricultural community. Additionally, the Boone County Fair serves as a hub for education, entertainment, and celebration of the agricultural industry, further enriching the local community and economy.
This information is meant to be a general summary of Boone County Agricultural 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: $1,949
- Program Service Revenue: $311,068
- Gross Receipts: $594,562
Assets and Liabilities:
- Total Assets: $147,544
- Total Liabilities: $31,150
- Net Assets: $116,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
4-H AUCTION
Revenue
$99,301
FACILITIES RENT
Revenue
$124,042
FAIR INCOME
Revenue
$87,725
Organization Details
Founding Year
1945
Phone
(515) 432-5899Principal Officer
Pat Erb
Main Address
1601 INDUSTRIAL PARK ROAD, BOONE, IA, 50036
Website
www.boonecountyfairia.comNTEE Category
Code: K20 - Food
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