Overview
What is Hayes County Agricultural Society Inc?
Hayes County Agricultural Society Inc is a nonprofit organization, located in Hayes Center, Nebraska, with a focus on agricultural education. Their primary mission involves organizing a county fair, serving as a platform to instruct both participants and attendees on innovative farming techniques and methods. This nonprofit endeavors to promote agricultural advancements within the community, fostering an environment of knowledge sharing and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
The Hayes County Agricultural Society Inc has received a "Needs Improvement" rating due to a score of 73%. The organization excels in areas such as having a fully independent board and maintaining a strong program expense ratio at 97.16%, indicating effective allocation of resources towards its mission. Additionally, it has no material diversion of assets, which demonstrates financial integrity.
However, the organization has notable gaps in its accountability and transparency practices. Missing essential policies such as conflict of interest, whistleblower, and document retention policies have contributed to its lower score. Furthermore, the absence of the tax form on the nonprofit's website may hinder potential donors’ ability to assess its financial health fully.
While the organization shows strengths in board independence and expense management, addressing these critical transparency issues may improve its rating and foster greater trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hayes County Agricultural Society Inc legitimate?
Hayes County Agricultural Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hayes County Agricultural 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.
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What is the mission statement of Hayes County Agricultural Society Inc?
The Hayes County Agricultural Society Inc's mission is centered around conducting a county fair, serving as an educational platform. This event aims to enlighten participants and attendees about various agricultural methods and innovations. By organizing this fair, the society contributes to the dissemination of knowledge and advances in the agricultural sector. The fair likely includes exhibits, presentations, and interactive activities that showcase modern farming techniques and technological advancements. This educational approach encourages continuous learning, fostering a deeper understanding and appreciation for agriculture within the community.
Who is the CEO of Hayes County Agricultural Society Inc?
Brian Kolbet is the Director of Hayes County Agricultural Society Inc.
What is the revenue of Hayes County Agricultural Society Inc?
Hayes County Agricultural Society Inc's revenue in 2023 was $13,406.
Who are the executives of Hayes County Agricultural Society Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Hayes County Agricultural Society Inc?
Hayes County Agricultural Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hayes County Agricultural Society Inc
Hayes County Agricultural Society Inc, a notable organization, is committed to educating participants and attendees about various agricultural methods and innovations. Their primary mission is achieved through conducting a county fair. This event serves as a platform to disseminate knowledge, fostering an environment where individuals can learn and engage with diverse agricultural practices and advancements. By participating in and attending this fair, individuals gain a deeper understanding of the agricultural sector, thereby promoting progress and innovation in the field.
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Impact
August, 2024
Hayes County Agricultural Society Inc's impact is significant in promoting agricultural education and innovation through the annual county fair held in Hayes Center, Nebraska. By conducting this fair, they provide a platform for participants and attendees to gain valuable knowledge about agricultural methods and technologies. This event not only serves as a recreational opportunity but also plays a crucial role in fostering understanding and appreciation for the agricultural industry. Through their activities, Hayes County Agricultural Society Inc contributes to the promotion of sustainable farming practices and the dissemination of agricultural advancements within the community.
This information is meant to be a general summary of Hayes County Agricultural 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 2023.
- Gross Receipts: $53,801
Assets and Liabilities:
- Total Assets: $304,248
- Total Liabilities: $138,394
- Net Assets: $165,854
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Organization Details
Phone
(308) 278-2205Principal Officer
Brian Kolbet
Main Address
C/O KEVIN FORNOFF PO BOX 103, HAYES CENTER, NE, 69032
NTEE Category
Code: N52 - Recreation
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