Overview
What is Dodge County Agricultural And Mechanical Soc Inc?
Dodge County Agricultural and Mechanical Soc Inc, based in Kasson, Minnesota, is a nonprofit organization with a mission to foster agriculture, horticulture, and livestock development. They achieve this by organizing annual events, such as livestock shows, carnivals, grandstand events, 4-H exhibits, and concessions. The organization also promotes manufacturing and home economics through exhibits, shows, and competitions. With a team of eight dedicated individuals, they strive to engage the community in these areas, providing a platform for showcasing and celebrating local talents and traditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Dodge County Agricultural and Mechanical Society Inc. has received a rating of 73%, indicating a Two-Star status. The organization demonstrates strengths in its governance, with a fully independent board and strong financial ratios, such as a low liabilities to assets ratio and a high program expense ratio. These factors suggest that the nonprofit is effectively allocating its resources toward its mission.
However, the organization faces significant shortcomings in its accountability and transparency practices. Notably, it lacks key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have resulted in low scores in those areas. Additionally, the absence of tax form disclosures on its website raises concerns about transparency.
Overall, while Dodge County Agricultural and Mechanical Society Inc. shows solid financial management, the need for improved accountability measures is crucial for enhancing trust and credibility with its stakeholders. Addressing these gaps could lead to increased confidence in their operations and mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Dodge County Agricultural And Mechanical Soc Inc legitimate?
Dodge County Agricultural And Mechanical Soc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dodge County Agricultural And Mechanical Soc 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: $9,726
For more financial information, click here
What is the mission statement of Dodge County Agricultural And Mechanical Soc Inc?
Dodge County Agricultural and Mechanical Soc Inc is committed to promoting agriculture, horticulture, and livestock, as well as manufacturing and home economics, through various exhibits, shows, and competitions. The organization strives to achieve this by organizing annual events that include livestock shows, carnivals, grandstand events, 4-H exhibits, and concessions. These activities aim to educate, engage, and inspire individuals in these fields, fostering a deeper understanding and appreciation for agricultural and mechanical practices.
Who is the CEO of Dodge County Agricultural And Mechanical Soc Inc?
Tom Franke is the Treasurer of Dodge County Agricultural And Mechanical Soc Inc.
What is the revenue of Dodge County Agricultural And Mechanical Soc Inc?
Dodge County Agricultural And Mechanical Soc Inc's revenue in 2022 was $532,091.
Who are the executives of Dodge County Agricultural And Mechanical Soc Inc and what are their salaries?
The average compensation at Dodge County Agricultural And Mechanical Soc Inc during 2022 was $1,216. There are 8 employees and 45 volunteers at Dodge County Agricultural And Mechanical Soc Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dodge County Agricultural And Mechanical Soc Inc?
Dodge County Agricultural And Mechanical Soc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dodge County Agricultural And Mechanical Soc Inc
Dodge County Agricultural and Mechanical Soc Inc is committed to promoting agriculture, horticulture, and livestock, as well as manufacturing and home economics, through exhibits, shows, and competitions. This nonprofit organization achieves its mission by organizing annual events that include livestock shows, carnivals, grandstand events, 4-H exhibits, and concessions. By providing a platform for showcasing these various aspects, Dodge County Agricultural and Mechanical Soc Inc encourages education, innovation, and engagement in these fields. The organization's activities aim to inspire and educate individuals about the importance of agriculture, horticulture, livestock, and related industries, fostering a deeper appreciation and understanding of these sectors.
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Impact
July, 2024
The Dodge County Agricultural And Mechanical Society Inc plays a significant role in promoting agriculture, horticulture, and livestock in the community. By organizing the annual county fair, which includes livestock shows, carnival activities, grandstand events, 4-H exhibits, and concessions, the organization creates opportunities for people to showcase their skills and products in these fields. Additionally, by promoting manufacturing and home economics through exhibits and competitions, the society contributes to the overall economic development and well-being of the community. Through these activities, the society not only provides entertainment and recreation but also fosters a sense of community and encourages innovation in various sectors.
This information is meant to be a general summary of Dodge County Agricultural And Mechanical Soc 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.
- Program Service Revenue: $312,691
- Gross Receipts: $563,286
Assets and Liabilities:
- Total Assets: $571,093
- Total Liabilities: $1,395
- Net Assets: $569,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fair Parking
Revenue
$9,318
Fair Beer Gardens
Revenue
$33,148
Fair Carnival
Revenue
$22,015
Sponsorship Revenue
Revenue
$59,373
Grandstand Revenue
Revenue
$118,466
Organization Details
Founding Year
2003
Principal Officer
Tom Franke
Main Address
62922 State Highway 57 PO Box 265, Kasson, MN, 55944
NTEE Category
Code: N52 - Recreation
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