Overview
What is Suwannee River Fair & Livestock Association Inc?
Suwannee River Fair & Livestock Association Inc is a nonprofit organization, specifically dedicated to hosting a youth livestock show and sale. Their primary focus is on nurturing the development of young individuals through this livestock event. The association's activities revolve around promoting agricultural education and skills in the youth community.
Official website here: www.mysrf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The Suwannee River Fair & Livestock Association Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting an overall score of 69%. This rating indicates that while the organization demonstrates strong financial health and a commitment to program expenses—ranking at 92.55%—there are significant areas needing attention in governance and accountability practices.
One of the organization’s strengths lies in its board structure, which consists entirely of independent members, ensuring that there are no conflicts of interest in decision-making. Additionally, there have been no reported material diversions of assets, reinforcing the organization’s financial integrity. However, the nonprofit is lacking essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which have been flagged as missing.
Overall, while Suwannee River Fair & Livestock Association Inc shows promising financial management and a solid board structure, the absence of key governance frameworks represents a critical area for improvement. Addressing these limitations could enhance transparency and accountability, ultimately strengthening the organization’s overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Suwannee River Fair & Livestock Association Inc legitimate?
Suwannee River Fair & Livestock Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suwannee River Fair & Livestock 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.
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Professional Fundraising Fees: $0
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For more financial information, click here
Official website here: www.mysrf.org
What is the mission statement of Suwannee River Fair & Livestock Association Inc?
The Suwannee River Fair & Livestock Association Inc's primary focus is centered around organizing a youth livestock show and sale. This mission aims to provide a platform for young participants, fostering learning and growth within the realm of livestock management. The association's activities are geared towards promoting agricultural skills and knowledge among the youth, thereby contributing to their personal development and potential future in the livestock industry.
Official website here: www.mysrf.org
Who is the CEO of Suwannee River Fair & Livestock Association Inc?
Loran Brookins is the President of Suwannee River Fair & Livestock Association Inc.
Official website here: www.mysrf.org
What is the revenue of Suwannee River Fair & Livestock Association Inc?
Suwannee River Fair & Livestock Association Inc's revenue in 2022 was $1,404,387.
Official website here: www.mysrf.org
Who are the executives of Suwannee River Fair & Livestock Association Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.mysrf.org
Where can I find the form 990 for Suwannee River Fair & Livestock Association Inc?
Suwannee River Fair & Livestock Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mysrf.org
Learn more at the official website: www.mysrf.org
Mission Statement of Suwannee River Fair & Livestock Association Inc
The Suwannee River Fair & Livestock Association Inc is dedicated to promoting a Youth Livestock Show and Sale as its primary mission. This mission involves organizing events that provide a platform for youth to showcase their livestock skills and knowledge. The association's focus is on nurturing young individuals, allowing them to gain practical experience in livestock management and competition. Through these events, the youth can develop essential life skills such as responsibility, discipline, and teamwork, while also learning about the importance of animal husbandry and agricultural practices. The Youth Livestock show & sale by Suwannee River Fair & Livestock Association Inc serves as a valuable educational experience, fostering a sense of community and camaraderie among participants.
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Impact
July, 2024
Suwannee River Fair & Livestock Association Inc positively impacts the youth in Trenton, FL through its Youth Livestock Show & Sale. This event provides valuable opportunities for young participants to learn about agriculture, animal husbandry, responsibility, and business skills. Additionally, it promotes a sense of community and camaraderie among the youth involved, fostering important values and connections that can last a lifetime. Overall, the association's activities play a significant role in nurturing the next generation of agricultural leaders and responsible citizens in the area.
This information is meant to be a general summary of Suwannee River Fair & Livestock 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: $50
- Program Service Revenue: $1,372,323
- Gross Receipts: $1,418,282
Assets and Liabilities:
- Total Assets: $1,198,588
- Total Liabilities: $2,205
- Net Assets: $1,196,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIVESTOCK SALES
Revenue
$1,174,868
SALES COMMISSION
Revenue
$145,484
EXHIBITOR FEES
Revenue
$25,380
OTHER INCOME
Revenue
$17,014
ADVERTISING
Revenue
$6,732
Organization Details
Founding Year
1970
Phone
(352) 486-5131Principal Officer
Loran Brookins
Main Address
PO BOX 252, TRENTON, FL, 32693
Website
www.mysrf.orgNTEE Category
Code: N520 - Recreation
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