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Clay County Fair Association Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592250047 ✦ Green cove springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is Clay County Fair Association Inc?

Clay County Fair Association Inc is a nonprofit organization situated in Clay County, whose primary mission is to enhance and foster various educational, agricultural, historical, cultural, horticultural, livestock, and other local resources through annual fairs. Recently, they successfully organized their 2021 Fair, spanning from April 1 to 11. Although the specifics of their activities and mission beyond the annual fair are not explicitly stated, it can be inferred that they aim to uplift their community by utilizing these resources in a meaningful way.


Official website here: www.claycountyfair.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating

The Clay County Fair Association Inc. has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization maintains strong financial practices and governance structures, which are critical for building trust with donors and stakeholders. The rating is derived solely from the accountability and finance aspects, suggesting a focused and responsible management approach.

Key strengths of the organization include a fully independent board, with all 13 members meeting independence criteria, and a robust set of policies including conflict of interest and whistleblower protections. The association has demonstrated effective asset management, with no material diversion of assets reported, and a high program expense ratio, indicating that nearly all funds are directed towards its mission.

While the organization shows commendable practices in governance and financial management, the absence of additional beacons such as impact or results metrics means that potential supporters may want to seek further information about its programmatic effectiveness. Overall, the Clay County Fair Association Inc. stands out for its transparency and accountability in handling funds.


This AI summary has been generated from information found on Charity Navigator.

Is Clay County Fair Association Inc legitimate?

Clay County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clay 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,717

For more financial information, click here


Official website here: www.claycountyfair.org

What is the mission statement of Clay County Fair Association Inc?

The Clay County Fair Association Inc's mission is centered around organizing an annual fair that contributes to the improvement and development of various sectors in Clay County. These sectors include education, agriculture, history, culture, horticulture, livestock, and other resources. The association carries out this mission annually, as demonstrated by the 2021 Fair held from April 1 to 11. The primary objective of these events is to enhance the resources of the county.


Official website here: www.claycountyfair.org

Who is the CEO of Clay County Fair Association Inc?

Robert Olson is the Chairman of Clay County Fair Association Inc.


Official website here: www.claycountyfair.org

What is the revenue of Clay County Fair Association Inc?

Clay County Fair Association Inc's revenue in 2022 was $2,806,382.


Official website here: www.claycountyfair.org

Who are the executives of Clay County Fair Association Inc and what are their salaries?

The average compensation at Clay County Fair Association Inc during 2022 was $70,906. There are 3 employees and 900 volunteers at Clay County Fair Association Inc.


Here are 4 key members and their salaries:


Robert Olson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Wilson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Mosley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Elrod (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.claycountyfair.org

Where can I find the form 990 for Clay County Fair Association Inc?

Clay County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.claycountyfair.org

Learn more at the official website: www.claycountyfair.org

Mission Statement of Clay County Fair Association Inc

The Clay County Fair Association, a notable organization, is dedicated to promoting and enhancing various educational, agricultural, historical, cultural, horticultural, livestock, and other resources in Clay County. Their primary mission is to organize an annual Fair, which serves as a platform for this development and benefit. The 2021 edition of this Fair was held from April 1 to 11, demonstrating their commitment to this undertaking.

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Impact




July, 2024

The Clay County Fair Association Inc's impact includes benefiting and developing the educational, agricultural, historical, cultural, horticultural, and livestock resources of Clay County, Florida. By conducting an annual Fair, they create opportunities for community engagement, learning, and showcasing local talents. The Fair serves as a platform for promoting the heritage and diversity of the region, fostering economic growth, and providing entertainment for residents and visitors. Through their activities, the association contributes to the overall well-being and enrichment of Clay County.




This information is meant to be a general summary of Clay 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.

Revenue
$2,806,382 (2022)
Expenses
$3,001,223 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,348
  • Program Service Revenue: $2,776,132
  • Gross Receipts: $2,806,382

Assets and Liabilities:

  • Total Assets: $6,279,588
  • Total Liabilities: $125,482
  • Net Assets: $6,154,106

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FAIR RECEIPTS

Revenue

$2,776,132

Organization Details

Founding Year

1981

Principal Officer

Robert Olson

Main Address

2493 STATE ROAD 16 WEST, GREEN COVE SPRINGS, FL, 32043

NTEE Category

Code: N520 - Recreation

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