Overview
What is Benton Franklin Market Stock Sale Committee?
The Benton Franklin Market Stock Sale Committee is a nonprofit organization based in Pasco, Washington. Its primary mission is to promote education about agriculture within the local community, particularly among the youth. They accomplish this by organizing public exhibitions of livestock, aiming to educate residents about the role, impact, benefits, and importance of agriculture in their area. The committee's activities are geared towards instructing the youth and the general public of Benton and Franklin Counties.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars, 67%
The Benton Franklin Market Stock Sale Committee has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 67%. This indicates that while the organization demonstrates some strengths, there are significant areas that require attention, particularly in accountability and transparency. The organization boasts 100% independent board members, which contributes positively to its governance structure.
Despite these strengths, the nonprofit has notable shortcomings, particularly in areas related to financial reporting and policy framework. The absence of financial statements and critical policies, such as a conflict of interest policy and a whistleblower policy, severely impacts its accountability rating. Additionally, the nonprofit's website is not listed on its tax form, further complicating its transparency.
On the positive side, the Benton Franklin Market Stock Sale Committee maintains a remarkable program expense ratio of 99.87%, indicating that nearly all of its expenditures are directed toward its programs. This strong focus on program spending, combined with a liabilities to assets ratio of 0.00%, suggests robust financial health in terms of asset management. However, enhancing transparency and developing necessary policies could significantly improve its overall rating and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Benton Franklin Market Stock Sale Committee legitimate?
Benton Franklin Market Stock Sale Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benton Franklin Market Stock Sale Committee 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 Benton Franklin Market Stock Sale Committee?
The Benton Franklin Market Stock Sale Committee's mission is centered around supporting education, specifically in the realm of agriculture. They accomplish this by organizing public exhibitions of livestock, aiming to instruct both local youth and the general public about the role, impact, benefits, and importance of agriculture in their community. This committee is dedicated to enlightening citizens about the significance of agriculture in their local area.
Who is the CEO of Benton Franklin Market Stock Sale Committee?
Tom Kinion is the President of Benton Franklin Market Stock Sale Committee.
What is the revenue of Benton Franklin Market Stock Sale Committee?
Benton Franklin Market Stock Sale Committee's revenue in 2022 was $1,244,931.
Who are the executives of Benton Franklin Market Stock Sale Committee and what are their salaries?
There 24 volunteers at Benton Franklin Market Stock Sale Committee.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Benton Franklin Market Stock Sale Committee?
Benton Franklin Market Stock Sale Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Benton Franklin Market Stock Sale Committee
The Benton Franklin Market Stock Sale Committee, abbreviated as BFMSSC, is organized with a mission to educate the youth and the general public of Benton and Franklin Counties about agriculture. This nonprofit achieves this objective by coordinating public exhibitions of livestock, aiming to enlighten local citizens about the significance, benefits, and impact of agriculture in their local area. The BFMSSC's activities serve to support and promote agricultural education, thereby fostering an understanding and appreciation for the role of agriculture in their community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Benton Franklin Market Stock Sale Committee's impact lies in supporting youth and community education about agriculture. By successfully coordinating public exhibitions of livestock and working towards educating local citizens about the role, impact, benefits, and importance of agriculture in the area, this committee has made a significant contribution to the education of local youth and the general public in Benton and Franklin Counties.
This information is meant to be a general summary of Benton Franklin Market Stock Sale Committee. 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: $19
- Program Service Revenue: $1,244,912
- Gross Receipts: $1,244,931
Assets and Liabilities:
- Total Assets: $107,345
- Total Liabilities: $0
- Net Assets: $107,345
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARKET SALE INCOME
Revenue
$1,244,912
Organization Details
Founding Year
1985
Phone
(509) 222-3749Principal Officer
Tom Kinion
Main Address
PO BOX 2151, PASCO, WA, 99302
NTEE Category
Code: O52 - Youth development
If you are a representative of Benton Franklin Market Stock Sale Committee and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.