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Lincoln County Fair Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431157336 ✦ Troy, MO ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln County Fair Inc?

Lincoln County Fair Inc, located in Troy, Missouri, serves its community by sponsoring a variety of events, notably a carnival, at their county fairgrounds. Their primary mission is to support a livestock sale and fair for local youth, aiming to provide an engaging experience for young participants. The organization's activities extend beyond entertainment, as it actively contributes to the development of the local youth, fostering a sense of community and engagement.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Score: 67%)

Lincoln County Fair Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in their organizational practices. The overall score of 67% reflects their strong performance in certain areas, such as having a fully independent board and an excellent program expense ratio of 99.69%, which suggests that the majority of their expenses are directed towards their programs rather than administrative costs.

However, the organization faces significant issues related to accountability and financial transparency. They received no points for financial statements, indicating a lack of available financial documentation, which is critical for evaluating their operations. Additionally, they have missing policies related to conflicts of interest, whistleblower protections, and document retention, which are essential for promoting ethical practices and accountability within the organization.

While Lincoln County Fair Inc demonstrates strength in governance with 100% independent board members, their overall effectiveness is hindered by the absence of crucial policies and financial disclosures. Addressing these gaps would enhance their credibility and ensure better oversight of their operations moving forward.


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

Is Lincoln County Fair Inc legitimate?

Lincoln County Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln County Fair Inc 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: $0

For more financial information, click here

What is the mission statement of Lincoln County Fair Inc?

Lincoln County Fair Inc's mission is centered around supporting local youth. Specifically, the organization aims to sponsor a livestock sale and fair, providing a platform for young individuals in the community. Beyond this, Lincoln County Fair Inc also organizes carnival events and various activities at the county fairgrounds, contributing to the entertainment and engagement of the local community.

Who is the CEO of Lincoln County Fair Inc?

Tyler Neel is the Chairman of Lincoln County Fair Inc.

What is the revenue of Lincoln County Fair Inc?

Lincoln County Fair Inc's revenue in 2022 was $1,679,907.

Who are the executives of Lincoln County Fair Inc and what are their salaries?

There 500 volunteers at Lincoln County Fair Inc.


Here are 4 key members and their salaries:


Tyler Neel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Scott (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Malone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Hall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lincoln County Fair Inc?

Lincoln County Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lincoln County Fair Inc

Lincoln County Fair Inc, as a nonprofit organization, is committed to supporting the local youth by sponsoring a livestock sale and fair. This mission is carried out by organizing various events and attractions, including a carnival, at the county fairgrounds. The main objective of these activities is to provide an engaging and educational experience for the youth of the community. By sponsoring such events, Lincoln County Fair Inc aims to foster a sense of unity and community among the local population. The organization's efforts contribute to the personal growth and development of the youth, providing them with opportunities to showcase their livestock and skills, and create lasting memories.

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Impact




July, 2024

Lincoln County Fair Inc's impact can be seen in its support for local youth through sponsoring a livestock sale and fair. By organizing events like carnivals and various activities at the county fairgrounds, the organization provides a platform for the community to come together and enjoy recreational activities. This fosters a sense of community spirit and provides opportunities for local youth to showcase their skills and talents. Overall, Lincoln County Fair Inc plays a vital role in promoting agriculture, youth development, and community engagement in Troy, Missouri.




This information is meant to be a general summary of Lincoln County Fair Inc. 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.

Revenue
$1,679,907 (2022)
Expenses
$1,485,021 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,808
  • Program Service Revenue: $1,632,483
  • Gross Receipts: $1,679,907

Assets and Liabilities:

  • Total Assets: $1,441,828
  • Total Liabilities: $0
  • Net Assets: $1,441,828

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LIVESTOCK AUCTION

Revenue

$844,609

COUNTY FAIR

Revenue

$723,110

OTHER SPONSORED EVENTS

Revenue

$64,764

Organization Details

Founding Year

1965

Principal Officer

Tyler Neel

Main Address

PO BOX 317, TROY, MO, 63379

NTEE Category

Code: N52Z - Recreation

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