Overview
What is Montgomery County Fair Society Inc?
Montgomery County Fair Society Inc, based in Montgomery City, Missouri, is a nonprofit organization with a passion for showcasing local talents and agriculture. During the 2022 event, they organized the Montgomery County Fair, offering a variety of activities for youth and the community. Their primary mission is to provide an avenue for the community to exhibit their agricultural skills and talents. The society's activities aim to foster leadership, community service, scholarship, and entertainment for individuals of all ages. Their commitment extends beyond these events, focusing on promoting and celebrating the region's agricultural heritage and talents.
Official website here: www.montgomerycountyfair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Montgomery County Fair Society Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operational practices. With an overall score of 69%, the organization demonstrates strength in its governance, as all board members are independent, and there are no reported diversions of assets. The high program expense ratio of 88.12% suggests that a significant portion of its resources is allocated directly to its programs.
However, the organization has notable weaknesses that have contributed to its low rating. Specifically, it lacks essential financial transparency as indicated by the absence of financial statements, and it has not established key governance policies, including a conflict of interest policy, a whistleblower policy, or a document retention policy. Additionally, the nonprofit has failed to post its tax form on its website, which impacts its accountability and transparency.
Overall, while the Montgomery County Fair Society Inc shows a commitment to its programs and maintains an independent board, significant improvements are needed in financial disclosure and governance practices to enhance trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery County Fair Society Inc legitimate?
Montgomery County Fair Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County Fair Society 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
Official website here: www.montgomerycountyfair.org
What is the mission statement of Montgomery County Fair Society Inc?
The Montgomery County Fair Society Inc is a not-for-profit organization with a mission to offer the community and surrounding area a platform to exhibit local agriculture and talents. Their primary objective is to provide an opportunity for showcasing these aspects, fostering community engagement and youth leadership. During the week of their annual fair, they organize various events to promote agriculture, leadership, community service, scholarships, local craftsmanship, and entertainment for all ages.
Official website here: www.montgomerycountyfair.org
Who is the CEO of Montgomery County Fair Society Inc?
Justin Talley is the President of Montgomery County Fair Society Inc.
Official website here: www.montgomerycountyfair.org
What is the revenue of Montgomery County Fair Society Inc?
Montgomery County Fair Society Inc's revenue in 2022 was $786,514.
Official website here: www.montgomerycountyfair.org
Who are the executives of Montgomery County Fair Society Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.montgomerycountyfair.org
Where can I find the form 990 for Montgomery County Fair Society Inc?
Montgomery County Fair Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montgomerycountyfair.org
Learn more at the official website: www.montgomerycountyfair.org
Mission Statement of Montgomery County Fair Society Inc
Montgomery County Fair Society Inc, a not-for-profit organization, is dedicated to serving its community and the surrounding area by offering a unique opportunity. This society's primary purpose is to showcase the region's agriculture and talents. By organizing events, they provide a platform for youth and local communities to showcase their skills and passions, promoting agriculture, youth leadership, community service, scholarships, and local craftsmanship. These events cater to a wide range of ages, ensuring entertainment for all.
In concrete terms, Montgomery County Fair Society Inc orchestrated the 2022 Montgomery County Fair in July, hosting various events in Montgomery City, MO. These activities aimed to foster a sense of community and celebrate local talents, with a focus on agriculture, youth leadership, and community service. The society's initiatives also included scholarships, showcasing local craftspeople, and providing entertainment for all age groups.
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Impact
July, 2024
The Montgomery County Fair Society Inc plays a crucial role in promoting agriculture, youth leadership, community service, scholarship, and local craftsmanship in Montgomery City, MO. By organizing the annual Montgomery County Fair, the society provides a platform for the community and surrounding area to showcase their talents and skills. Through various events and activities held during the fair week, the Montgomery County Fair Society fosters a sense of community spirit and offers entertainment for all ages. The impact of the society extends beyond just a week of festivities, as it helps to support and sustain local traditions, while also encouraging the next generation to engage with agriculture and various forms of craftsmanship.
This information is meant to be a general summary of Montgomery County Fair Society 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4
- Program Service Revenue: $726,033
- Gross Receipts: $840,649
Assets and Liabilities:
- Total Assets: $858,193
- Total Liabilities: $0
- Net Assets: $858,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR
Revenue
$288,301
FAIR EVENTS
Revenue
$389,218
SPONSORSHIP
Revenue
$48,514
Organization Details
Founding Year
1947
Principal Officer
Justin Talley
Main Address
PO Box 11, Montgomery City, MO, 63361
Website
www.montgomerycountyfair.orgNTEE Category
Code: N520 - Recreation
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