Overview
What is Lyon County Fair Association?
The Lyon County Fair Association is a nonprofit organization situated in Rock Rapids, Iowa. With a mission to serve both the local population and residents from surrounding areas, the association plays a significant role in educating and developing the skills of its community members. Their focus areas include agriculture, horticulture, domestic manufacturing, mechanics, household economy, rural practice, stock raising, and food preparation. By doing so, they aim to enhance the capabilities of their citizens. Additionally, the fair serves as a platform to disseminate beneficial and essential information to communities and rural areas, while also providing them with a dose of entertainment and cultural events. The association employs a team of 7 individuals.
Official website here: www.lyoncountyfair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Stars
The Lyon County Fair Association has received a two-star rating from Charity Navigator, reflecting an overall score of 71% based solely on its Accountability & Finance metrics. This score indicates that while some areas of financial accountability are strong, there are significant gaps that impact their overall standing.
Strengths of the organization include a fully independent board comprised of 29 members and a strong program expense ratio of 96.37%, which demonstrates a commitment to dedicating funds to its programs. Additionally, there are no reported material diversions of assets, and the organization has effective policies regarding conflicts of interest and transparency through its website.
However, the organization has notable limitations, such as the absence of a whistleblower policy and a document retention and destruction policy. Furthermore, the lack of documentation for board meeting minutes indicates potential shortcomings in governance practices. Addressing these issues could enhance the Lyon County Fair Association’s accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lyon County Fair Association legitimate?
Lyon County Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyon 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: $12,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,121
For more financial information, click here
Official website here: www.lyoncountyfair.org
What is the mission statement of Lyon County Fair Association?
The Lyon County Fair Association serves a wide population, including residents of Lyon County and surrounding areas. Its primary objective is to educate and train the public in various domains such as agriculture, horticulture, domestic manufacturing, mechanics, household economy, rural practices, stock raising, and food preparation. This aim is to enhance and develop the skills of the surrounding community. Furthermore, the fair assists in keeping the public informed on beneficial and essential topics pertaining to communities and rural areas. It also provides entertainment and cultural events to these communities as an added benefit.
Official website here: www.lyoncountyfair.org
Who is the CEO of Lyon County Fair Association?
Wesley De Groot is the President of Lyon County Fair Association.
Official website here: www.lyoncountyfair.org
What is the revenue of Lyon County Fair Association?
Lyon County Fair Association's revenue in 2022 was $744,568.
Official website here: www.lyoncountyfair.org
Who are the executives of Lyon County Fair Association and what are their salaries?
The average compensation at Lyon County Fair Association during 2022 was $2,419. There are 7 employees at Lyon County Fair Association.
Here are 30 key members and their salaries:
- Compensation: $4,585
- Related: $0
- Other: $0
- Compensation: $3,035
- Related: $0
- Other: $0
- Compensation: $915
- Related: $0
- Other: $0
- Compensation: $285
- Related: $0
- Other: $0
- Compensation: $270
- Related: $0
- Other: $0
- Compensation: $270
- Related: $0
- Other: $0
- Compensation: $255
- Related: $0
- Other: $0
- Compensation: $255
- Related: $0
- Other: $0
- Compensation: $225
- Related: $0
- Other: $0
- Compensation: $210
- Related: $0
- Other: $0
- Compensation: $195
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $165
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $135
- Related: $0
- Other: $0
- Compensation: $135
- Related: $0
- Other: $0
- Compensation: $120
- Related: $0
- Other: $0
- Compensation: $120
- Related: $0
- Other: $0
- Compensation: $120
- Related: $0
- Other: $0
- Compensation: $120
- Related: $0
- Other: $0
- Compensation: $120
- Related: $0
- Other: $0
- Compensation: $105
- Related: $0
- Other: $0
- Compensation: $105
- Related: $0
- Other: $0
- Compensation: $90
- Related: $0
- Other: $0
- Compensation: $60
- Related: $0
- Other: $0
- Compensation: $45
- Related: $0
- Other: $0
- Compensation: $30
- Related: $0
- Other: $0
Official website here: www.lyoncountyfair.org
Where can I find the form 990 for Lyon County Fair Association?
Lyon County Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lyoncountyfair.org
Learn more at the official website: www.lyoncountyfair.org
Mission Statement of Lyon County Fair Association
The Lyon County Fair Association serves a broader population, encompassing Lyon County and its surrounding areas. Its primary objective is to educate and train the public in various domains, such as agriculture, horticulture, domestic manufacturing, mechanics, household economy, rural practice, stock raising, and food preparation. The association aims to enhance and develop the skills of the surrounding community members by offering instruction in these areas. Furthermore, the Lyon County Fair Association seeks to keep the public informed on topics beneficial and essential to communities and rural areas. Additionally, the association provides entertainment and cultural events to these communities and rural areas, contributing to their overall well-being and enjoyment.
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Impact
July, 2024
The Lyon County Fair Association's impact is significant as it serves the entire population of Lyon County, along with people from surrounding counties. The fair plays a crucial role in instructing and training the public in various areas such as agriculture, horticulture, mechanics, household economy, and more. By providing these educational opportunities, the fair helps to develop the capabilities of surrounding citizens and keep the public informed on essential subjects beneficial to communities and rural areas.
Moreover, the fair also offers entertainment and cultural events, enhancing community engagement and providing recreational activities for residents. With its wide-ranging programs and activities, the Lyon County Fair Association enriches the lives of individuals in the region and contributes to the overall well-being and development of the community.
This information is meant to be a general summary of Lyon County 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 2022.
- Investment Income: $131
- Program Service Revenue: $391,073
- Gross Receipts: $831,175
Assets and Liabilities:
- Total Assets: $869,411
- Total Liabilities: $21,700
- Net Assets: $847,711
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR & HERITAGE DAYS
Revenue
$128,390
RAPID SPEEDWAY EVENTS
Revenue
$262,683
Organization Details
Founding Year
1990
Principal Officer
Wesley De Groot
Main Address
PO BOX 62 710 1ST AVENUE, ROCK RAPIDS, IA, 51246
Website
www.lyoncountyfair.orgNTEE Category
Code: N520 - Recreation
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