Overview
What is Saint Mary's County Fair Association Inc?
Saint Mary's County Fair Association Inc is a nonprofit organization, situated in Leonardtown, Maryland, primarily dedicated to operating a county fair. Their primary objective is to stimulate public interest in agriculture and preserve the agricultural heritage. The fair's activities, such as exhibits, competitions, and educational programs, all contribute to achieving this mission. The Association's income and expenses, as stated in the information, are related to the current county fair period. Their address can be found at 42455 FAIRGROUNDS ROAD, PO BOX 243, Leonardtown, MD 20650.
Official website here: www.smcfair.somd.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
The Saint Mary's County Fair Association Inc has received a Two-Star rating from Charity Navigator, indicating that the organization needs improvement in certain areas. With an overall score of 69%, the charity demonstrates a strong commitment to accountability and finance, particularly with a 98.52% program expense ratio, which suggests that a significant portion of its resources is allocated directly to its programs and services.
However, there are notable weaknesses highlighted in the evaluation. The organization lacks crucial policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which raises concerns regarding governance and transparency. Additionally, the absence of financial statements significantly affected its score, as this is a critical aspect for assessing financial health and operational efficiency.
Despite the strong independent board composition, with 100% of board members being independent, the missing policies and financial statements may hinder the organization's credibility and trust among stakeholders. It is essential for the Saint Mary's County Fair Association Inc to address these issues to improve its rating and enhance its overall effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Mary's County Fair Association Inc legitimate?
Saint Mary's County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Mary's County Fair Association 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:
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For more financial information, click here
Official website here: www.smcfair.somd.com
What is the mission statement of Saint Mary's County Fair Association Inc?
The Saint Mary's County Fair Association Inc is dedicated to fostering public interest in agriculture and preserving its heritage. All their activities are aimed at achieving this exempt purpose. The organization operates a county fair, with all its activities supporting this objective. Their primary goal is to stimulate public interest in agriculture and protect its historical significance. Their activities, therefore, are geared towards accomplishing this mission.
Official website here: www.smcfair.somd.com
Who is the CEO of Saint Mary's County Fair Association Inc?
John L Richards is the President of Saint Mary's County Fair Association Inc.
Official website here: www.smcfair.somd.com
What is the revenue of Saint Mary's County Fair Association Inc?
Saint Mary's County Fair Association Inc's revenue in 2022 was $810,005.
Official website here: www.smcfair.somd.com
Who are the executives of Saint Mary's County Fair Association Inc and what are their salaries?
There 150 volunteers at Saint Mary's County Fair Association Inc.
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Official website here: www.smcfair.somd.com
Where can I find the form 990 for Saint Mary's County Fair Association Inc?
Saint Mary's County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smcfair.somd.com
Learn more at the official website: www.smcfair.somd.com
Mission Statement of Saint Mary's County Fair Association Inc
Saint Mary's County Fair Association Inc is dedicated to stimulating public interest in agriculture and preserving the agricultural heritage. All of its activities are designed to serve this exempt purpose. The organization operates a county fair, with its income and expenses predominantly related to the current fair period. The fair's activities contribute to achieving this mission, making it a significant platform for promoting agriculture and upholding its rich history.
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Impact
July, 2024
Saint Mary's County Fair Association Inc's impact lies in its dedication to stimulating public interest in agriculture and preserving the agricultural heritage. By organizing and operating the county fair, the association offers a platform for showcasing agricultural practices, livestock, and local produce. Through various fair activities and programs, the association not only entertains the community but also educates and promotes appreciation for agriculture. This impact extends beyond entertainment, contributing to the promotion of agriculture and the preservation of agricultural traditions in the community.
This information is meant to be a general summary of Saint Mary's County Fair Association 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: $297
- Program Service Revenue: $748,213
- Gross Receipts: $810,005
Assets and Liabilities:
- Total Assets: $1,497,006
- Total Liabilities: $0
- Net Assets: $1,497,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CO FAIR PROGRAM INCOME
Revenue
$748,213
Organization Details
Founding Year
1947
Phone
(301) 475-2256Principal Officer
John L Richards
Main Address
42455 FAIRGROUNDS ROAD - PO BOX 243, LEONARDTOWN, MD, 20650
Website
www.smcfair.somd.comNTEE Category
Code: N52 - Recreation
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