Overview
What is Sarasota County Agricultural Fair Association Inc?
Sarasota County Agricultural Fair Association Inc, based in Sarasota, Florida, is a nonprofit organization primarily dedicated to managing the Sarasota County Fair Grounds for events like fairs and expositions, catering to the general public. The association's mission is multifaceted, encompassing efficient asset utilization, innovative planning and growth, protection of public investment, environmental sensitivity, preservation of agricultural heritage, and support for local economic interests, including youth development. Their annual fair serves as a cultural tradition, culminating in these diverse endeavors. With a staff of 32 individuals, the association strives to maintain its operations while showcasing the region's agricultural heritage and fostering community engagement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Sarasota County Agricultural Fair Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of performance, particularly in Accountability and Finance, which contributes 100% to the overall score. The organization has demonstrated a strong commitment to governance with 90% of its board members being independent and maintaining a high level of transparency in its operations.
Strengths include a very favorable program expense ratio of 91.81%, which suggests that a significant portion of its funds directly supports its programs. Additionally, the charity has been proactive in implementing policies such as conflict of interest and whistleblower protections, which are essential for maintaining ethical standards and accountability. The absence of material diversion of assets further underscores the organization’s reliability.
While the overall rating is positive, there is no additional information on program outcomes or impact metrics, which might provide a fuller picture of the charity's effectiveness in meeting its mission. Nonetheless, the financial health and governance practices suggest that the organization is managed well in terms of fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Sarasota County Agricultural Fair Association Inc legitimate?
Sarasota County Agricultural Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota County Agricultural 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $380,018
For more financial information, click here
What is the mission statement of Sarasota County Agricultural Fair Association Inc?
The Sarasota County Agricultural Fair Association Inc is committed to efficiently utilizing its assets and being innovative in planning and growth. It aims to protect public investment and maintain sensitivity towards the environment. The association also works towards preserving and showcasing agricultural heritage, as well as other local economic interests. A significant part of its mission involves the development and education of youth, contributing to the creation of cultural traditions that culminate in the annual fair.
Who is the CEO of Sarasota County Agricultural Fair Association Inc?
Rory Martin is the Director of Sarasota County Agricultural Fair Association Inc.
What is the revenue of Sarasota County Agricultural Fair Association Inc?
Sarasota County Agricultural Fair Association Inc's revenue in 2023 was $1,707,143.
Who are the executives of Sarasota County Agricultural Fair Association Inc and what are their salaries?
The average compensation at Sarasota County Agricultural Fair Association Inc during 2023 was $11,876. There are 32 employees at Sarasota County Agricultural Fair Association Inc.
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Where can I find the form 990 for Sarasota County Agricultural Fair Association Inc?
Sarasota County Agricultural Fair Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sarasota County Agricultural Fair Association Inc
The Sarasota County Agricultural Fair Association Inc is committed to utilizing its resources efficiently, demonstrating innovation in planning and growth, safeguarding public investment, and maintaining sensitivity towards the environment. One of its primary objectives is to preserve and showcase the agricultural heritage of the community, alongside other local economic interests. A significant part of its mission involves the development and education of the youth, aiming to foster cultural traditions that culminate in the annual fair. This nonprofit organization seeks to create a platform that not only celebrates agriculture but also promotes local economic growth and development.
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Impact
July, 2024
The Sarasota County Agricultural Fair Association Inc's impact is seen through its operations of the Sarasota County Fair grounds, providing a venue for fairs and expositions that serve the general public. By efficiently utilizing the association's assets, being innovative in planning and growth, and showcasing the area's agricultural heritage, the association contributes to the development and education of youth, creating cultural traditions that culminate in the annual fair. Through these efforts, the association plays a significant role in promoting recreation and community engagement in Sarasota, Florida.
This information is meant to be a general summary of Sarasota County Agricultural 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 2023.
- Investment Income: $885
- Program Service Revenue: $1,140,872
- Gross Receipts: $3,023,753
Assets and Liabilities:
- Total Assets: $2,902,641
- Total Liabilities: $26,390
- Net Assets: $2,876,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,140,872
Organization Details
Founding Year
1935
Phone
(941) 365-0818Principal Officer
Rory Martin
Main Address
3000 RINGLING BLVD, SARASOTA, FL, 34237
NTEE Category
Code: N520 - Recreation
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