Overview
What is Corvallis Lions Club Youth Activities Fund?
The Corvallis Lions Club Youth Activities Fund is a nonprofit organization situated in Corvallis, Oregon. Its primary focus is on supporting and nurturing agriculturally-inclined youth in Benton County through various avenues. This includes facilitating the Lee Allen Memorial Youth Livestock Auction at the Benton County Fair, promoting education, leadership development, sponsoring and marketing sales, and arranging shows. The organization generates funds through the auction, with a significant portion being disbursed back to the youth who sell their livestock. Scholarship awards are also presented to participating youth, and administrative expenses are covered within the annual budget. The fund has been instrumental in generating $955,453 through the auction, disbursing $880,343 to livestock owners, and awarding $19,775 in scholarships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Corvallis Lions Club Youth Activities Fund has received a low rating of 52%, indicating significant concerns regarding its transparency and governance practices. The charity has not demonstrated independent board oversight, with no independent board members present, and lacks essential policies such as conflict of interest and whistleblower protections. The absence of financial statements and missing documentation on their website further highlight accountability issues.
On a positive note, the organization has an impressive program expense ratio of 99.66%, suggesting that nearly all of its funds are directed towards its programs, which is beneficial for the community it serves. Additionally, the organization's liabilities to assets ratio stands at 0.00%, indicating a solid financial footing in terms of not being burdened by debt.
However, the lack of transparency and governance policies raises red flags for potential donors and supporters. The absence of basic documentation and financial disclosures could hinder trust and confidence in the organization's operations and management. Overall, while the charity's programmatic focus appears strong, its governance and accountability shortcomings need urgent attention.
This AI summary has been generated from information found on Charity Navigator.
Is Corvallis Lions Club Youth Activities Fund legitimate?
Corvallis Lions Club Youth Activities Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corvallis Lions Club Youth Activities Fund 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 Corvallis Lions Club Youth Activities Fund?
The Corvallis Lions Club Youth Activities Fund's mission is centered around facilitating the Lee Allen Memorial Youth Livestock Auction at the Benton County Fair. Their primary objective is to encourage, promote, and advance agriculturally-minded youth in Benton County by means of education, leadership development, sponsoring and marketing sales, and arranging shows. This non-profit organization aims to support and empower the next generation in the agriculture sector.
Who is the CEO of Corvallis Lions Club Youth Activities Fund?
Steve Pilkerton is the Director of Corvallis Lions Club Youth Activities Fund.
What is the revenue of Corvallis Lions Club Youth Activities Fund?
Corvallis Lions Club Youth Activities Fund's revenue in 2022 was $955,453.
Who are the executives of Corvallis Lions Club Youth Activities Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Corvallis Lions Club Youth Activities Fund?
Corvallis Lions Club Youth Activities Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corvallis Lions Club Youth Activities Fund
The Corvallis Lions Club Youth Activities Fund is dedicated to facilitating the Lee Allen Memorial Youth Livestock Auction at the Benton County Fair. This nonprofit organization's primary mission is to encourage, promote, and advance the agriculturally-minded youth of Benton County through various means. These include education, leadership development, sponsoring and marketing sales, and arranging shows for the livestock auction. By doing so, the Corvallis Lions Club Youth Activities Fund aims to foster the growth and success of young individuals with a passion for agriculture in their community.
In more detail, the Corvallis Lions Club Youth Activities Fund plays a crucial role in organizing and managing the annual Lee Allen Memorial Youth Livestock Auction. This event provides an opportunity for young individuals to showcase their livestock and compete, while also offering a chance for them to learn valuable skills like marketing and leadership. The nonprofit organization is responsible for raising funds through the auction, which are then disbursed to the youth and owners of the livestock. In addition to this, the Corvallis Lions Club Youth Activities Fund also awards scholarships to deserving youth and covers marketing and administrative expenses related to the auction.
In summary, the Corvallis Lions Club Youth Activities Fund is an essential organization that supports the agriculturally-minded youth of Benton County. Through the Lee Allen Memorial Youth Livestock Auction, the nonprofit encourages and promotes leadership development, education, and marketing skills. By disbursing proceeds from the auction and offering scholarships, the Corvallis Lions Club Youth Activities Fund helps young individuals in their pursuit of agricultural endeavors, while also providing them with valuable financial aid for their educational goals.
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Impact
July, 2024
The Corvallis Lions Club Youth Activities Fund's impact can be seen in its facilitation of the Lee Allen Memorial Youth Livestock Auction at the Benton County Fair. Through this initiative, the fund encourages, promotes, and advances the agriculturally-minded youth of Benton County by providing education, leadership development, sponsoring and marketing sales, and arranging shows. In the past year, the fund received auction proceeds totaling $955,453 and disbursed $880,343 to the youth/owners of the auctioned livestock. Additionally, $19,775 was allocated for scholarship awards to participants, while $14,452 went towards marketing and administrative expenses. This support directly contributes to the growth and development of youth in the agricultural community, highlighting the fund's commitment to youth development in Benton County.
This information is meant to be a general summary of Corvallis Lions Club Youth Activities Fund. 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: $955,453
- Gross Receipts: $955,453
Assets and Liabilities:
- Total Assets: $125,228
- Total Liabilities: $0
- Net Assets: $125,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIVESTOCK SALES
Revenue
$955,453
Organization Details
Founding Year
2014
Phone
(541) 737-3236Principal Officer
Steve Pilkerton
Main Address
PO BOX 1899, CORVALLIS, OR, 97339
NTEE Category
Code: O20 - Youth development
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