Overview
What is Robeson County Agricultural And Industrial Exposition Inc?
Robeson County Agricultural and Industrial Exposition Inc is a nonprofit organization situated in Lumberton, North Carolina. Their primary goal is to foster and promote the growth of agriculture and industry within the community. As a recreation, sports, or social club professional society, they strive to make significant contributions to these sectors, working towards their betterment. The organization's mission is explicitly clear, aiming to enhance the local agriculture and industry landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
The Robeson County Agricultural And Industrial Exposition Inc has received a 71% rating from Charity Navigator, indicating a Two-Star status. This rating reflects a relatively solid performance in terms of accountability and financial health, with notable strengths in governance and transparency. The organization boasts a fully independent board and has shown no material diversion of assets, which contributes positively to its score.
Strengths include a high program expense ratio of 70.41%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has documented board meeting minutes and a conflict of interest policy, reinforcing its commitment to good governance practices. The liabilities to assets ratio is very low at 0.02%, indicating strong financial stability.
However, despite these strengths, the overall score suggests that there may still be areas for improvement. While the organization meets key criteria for accountability, the Two-Star rating indicates that it may not fully meet the higher standards set by Charity Navigator for top-rated charities. Continued efforts in enhancing operational effectiveness and financial transparency could help elevate its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Robeson County Agricultural And Industrial Exposition Inc legitimate?
Robeson County Agricultural And Industrial Exposition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robeson County Agricultural And Industrial Exposition 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: $1,800
For more financial information, click here
What is the mission statement of Robeson County Agricultural And Industrial Exposition Inc?
The Robeson County Agricultural and Industrial Exposition Inc, serving as a professional society, is dedicated to promoting the growth and development of both agriculture and industry. This organization aims to foster an environment that encourages the advancement of these two sectors, contributing to their overall success. By engaging in promotional activities, the Exposition aims to raise awareness and support for agricultural and industrial endeavors, ultimately contributing to their long-term prosperity.
Who is the CEO of Robeson County Agricultural And Industrial Exposition Inc?
Allen Faircloth is the President of Robeson County Agricultural And Industrial Exposition Inc.
What is the revenue of Robeson County Agricultural And Industrial Exposition Inc?
Robeson County Agricultural And Industrial Exposition Inc's revenue in 2022 was $639,456.
Who are the executives of Robeson County Agricultural And Industrial Exposition Inc and what are their salaries?
The average compensation at Robeson County Agricultural And Industrial Exposition Inc during 2022 was $900. There are 2 employees at Robeson County Agricultural And Industrial Exposition Inc.
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Where can I find the form 990 for Robeson County Agricultural And Industrial Exposition Inc?
Robeson County Agricultural And Industrial Exposition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Robeson County Agricultural And Industrial Exposition Inc
Robeson County Agricultural and Industrial Exposition, as a recreation, sports, or social club professional society, is dedicated to promoting agriculture and industry. This nonprofit organization's mission is to actively contribute to the development and growth of these two sectors. By fostering an environment that encourages the advancement of agriculture and industry, Robeson County Agricultural and Industrial Exposition aims to make a significant impact in its community and beyond. The organization's mission is to serve as a catalyst for progress, fostering a sense of unity and cooperation among various stakeholders in these sectors. By promoting agriculture and industry, Robeson County Agricultural and Industrial Exposition strives to ensure a sustainable and prosperous future for all.
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Impact
July, 2024
Robeson County Agricultural And Industrial Exposition Inc's impact is significant in promoting agriculture and industry in Lumberton, North Carolina. Through its activities and initiatives, this organization plays a crucial role in advancing the agricultural sector and supporting industrial development in the region. By focusing on these key areas, the Robeson County Agricultural And Industrial Exposition Inc contributes to the economic growth and prosperity of the community. Additionally, their efforts help raise awareness about important issues related to food production and sustainability, making a positive impact on the local agricultural landscape.
This information is meant to be a general summary of Robeson County Agricultural And Industrial Exposition 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: $68
- Program Service Revenue: $606,063
- Gross Receipts: $639,456
Assets and Liabilities:
- Total Assets: $1,191,937
- Total Liabilities: $332
- Net Assets: $1,191,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR REVENUE
Revenue
$606,063
Organization Details
Founding Year
1952
Principal Officer
Allen Faircloth
Main Address
306 NORTH CEDAR STREET, LUMBERTON, NC, 28358
NTEE Category
Code: K20Z - Food
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