Overview
What is Hancock County Agricultural Society?
Hancock County Agricultural Society is a nonprofit organization situated in Britt, Iowa. Their primary focus is on organizing the Hancock County Junior Fair, which provides opportunities for 4H members and local residents. As a multi-faceted organization, they operate as a fair, county, and other type of entity. Their mission includes facilitating various programs at the fair, ultimately contributing to the community of Hancock County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating. The Hancock County Agricultural Society has achieved a score of 67%, primarily reflecting its accountability and finance practices. This score indicates that while the organization demonstrates some strengths, it falls short in certain areas that could enhance its overall performance and transparency.
The organization excels in having a majority of independent board members, with 100% of its board being independent, and has a commendable program expense ratio of 97.02%. These factors suggest that the charity is committed to its mission and uses a significant portion of its resources for program-related activities. However, the charity has notable weaknesses, including missing key policies such as conflict of interest and whistleblower protections, and it does not provide its financial statements on its website, which could impact transparency.
Overall, while the Hancock County Agricultural Society shows strong financial health and governance regarding board independence and financial ratios, the absence of critical policies and financial documentation online raises concerns about its accountability practices. Enhancing these areas could improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Hancock County Agricultural Society legitimate?
Hancock County Agricultural Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $26,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hancock County Agricultural Society?
The Hancock County Agricultural Society serves as an organization that oversees the Hancock County Junior Fair, offering programs for 4-H members and local residents. Its primary mission is to facilitate this fair event, operating as a multifaceted organization that functions as a fair, county entity, and more. The society's activities primarily focus on supporting the Junior Fair, catering to the interests and needs of its young participants and the broader community.
Who is the CEO of Hancock County Agricultural Society?
Andy Bruggeman is the President of Hancock County Agricultural Society.
What is the revenue of Hancock County Agricultural Society?
Hancock County Agricultural Society's revenue in 2023 was $1,135,164.
Who are the executives of Hancock County Agricultural Society and what are their salaries?
The average compensation at Hancock County Agricultural Society during 2023 was $26,055. There is 1 employee and 50 volunteers at Hancock County Agricultural Society.
Here are 2 key members and their salaries:
- Compensation: $26,055
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hancock County Agricultural Society?
Hancock County Agricultural Society's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hancock County Agricultural Society
The Hancock County Agricultural Society, as a multifaceted organization, plays a vital role in orchestrating the Hancock County Junior Fair. This event serves as a platform for engaging 4H members and the local community. The society's primary mission is to facilitate this fair, promoting educational and recreational activities for its members and the county residents. The Hancock County Agricultural Society operates as a versatile organization, encompassing elements of a fair, county, and various other community-focused initiatives.
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Impact
July, 2024
The impact of the Hancock County Agricultural Society is significant in promoting agriculture, education, and community engagement through its facilitation of the Hancock County Junior Fair. By providing programs for 4H members and county residents, the society plays a vital role in fostering youth development, agricultural awareness, and community involvement in Britt, Iowa. Through its activities and events, the society contributes to the recreation, education, and overall well-being of the local community.
This information is meant to be a general summary of Hancock 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 2023.
- Investment Income: $40
- Program Service Revenue: $1,004,257
- Gross Receipts: $1,135,164
Assets and Liabilities:
- Total Assets: $742,076
- Total Liabilities: $47,069
- Net Assets: $695,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPING INCOME
Revenue
$40,474
HANCOCK COUNTY FAIR REV.
Revenue
$934,498
RACE TRACK RENTAL INCOME
Revenue
$16,875
STORAGE INCOME
Revenue
$12,410
Organization Details
Founding Year
1950
Phone
(641) 843-4181Principal Officer
Andy Bruggeman
Main Address
PO BOX 55, BRITT, IA, 50423
NTEE Category
Code: N52 - Recreation
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