Overview
What is Washington County Fairground Inc?
Washington County Fairground Inc, headquartered in Abingdon, Virginia, serves as a community hub for the Washington County region. Their primary mission is to promote agricultural awareness, achieving this goal through organizing public festivals and events. These events aim to educate and engage the local community and surrounding areas, fostering a deeper understanding of agriculture. The fairground derives its funds primarily from admission fees, which are all utilized to support and sustain these events.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a mixed performance in terms of accountability and finance for Washington County Fairground Inc. The organization has demonstrated strong governance practices, with a fully independent board and no material diversion of assets, contributing positively to its financial health.
Despite its strengths, there are notable gaps in transparency and compliance. The absence of several key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about its commitment to ethical standards. Additionally, the nonprofit's website is not listed on its tax form, which could hinder public access to essential information.
The program expense ratio is commendable at 87.66%, indicating that a significant portion of its funds is allocated towards its programs. However, the lack of basic documentation practices, such as published board meeting minutes and tax forms on its website, signifies areas that need improvement. Overall, while Washington County Fairground Inc shows potential, enhancements in governance and transparency are necessary for a stronger rating.
This AI summary has been generated from information found on Charity Navigator.
Is Washington County Fairground Inc legitimate?
Washington County Fairground Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington County Fairground 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: $0
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What is the mission statement of Washington County Fairground Inc?
Washington County Fairground Inc's mission is centered around increasing agricultural awareness within its community and surrounding areas. They accomplish this by organizing public festivals and shows. This non-profit entity uses the proceeds from these events, such as admission fees, to fund and support these festivals and fairs. By doing so, they aim to educate and engage the public in agricultural matters, fostering a deeper understanding and appreciation for this vital sector.
What is the revenue of Washington County Fairground Inc?
Washington County Fairground Inc's revenue in 2023 was $380,332.
Who are the executives of Washington County Fairground Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Washington County Fairground Inc?
Washington County Fairground Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Washington County Fairground Inc
Washington County Fairground Inc, as a nonprofit organization, is committed to increasing agricultural awareness within its community and surrounding areas. They accomplish this mission by organizing and hosting public festivals and shows. These events serve as a platform for showcasing agricultural knowledge and fostering a connection between the community and the agricultural sector. The revenue generated from admission fees is utilized to support and fund these activities, ensuring the continuity and success of these events. By providing these festivals and shows, Washington County Fairground Inc plays a significant role in promoting agricultural awareness and education, thereby enriching the community's understanding of this vital sector.
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Impact
July, 2024
Washington County Fairground Inc's impact is significant in raising agricultural awareness within Washington County, Virginia, and its surrounding communities. By organizing public festivals and shows, the organization plays a crucial role in promoting agriculture and community engagement. Through these events, the fairground serves as a valuable platform for showcasing local talent, supporting the community, and fostering a sense of togetherness. Additionally, the admission fees generated from these activities go towards funding the festival and fair, ensuring their sustainability and continued impact on the region.
This information is meant to be a general summary of Washington County Fairground 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.
- Program Service Revenue: $288,543
- Gross Receipts: $380,332
Assets and Liabilities:
- Total Assets: $886,233
- Total Liabilities: $318,582
- Net Assets: $567,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FESTIVAL INCOME
Revenue
$288,543
Organization Details
Founding Year
1956
Principal Officer
Irene Meade
NTEE Category
Code: N520 - Recreation
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