Overview
What is Grant County Fair Inc?
Grant County Fair Inc is a nonprofit organization based in Williamstown, Kentucky. Their primary mission is to promote agricultural improvements and developments in Grant County and support youth groups, such as 4-H. They achieve this through community education, cultural expositions, and the promotion of agriculture. The income generated from fundraising events like the county fair is utilized for participation awards, ground maintenance, and improvements that benefit the public.
Official website here: www.grantcofairky.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Grant County Fair Inc. has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 56%, the organization lacks independent board members and has missed several key governance policies, such as a conflict of interest policy and a whistleblower policy. While there are no reported material diversions of assets, the absence of these governance structures raises questions about the organization's oversight.
Despite these challenges, the charity demonstrates a strong commitment to program expenses, with 88.87% of its budget allocated to program services. This suggests that the majority of its resources are directed towards fulfilling its mission rather than administrative costs. However, the lack of transparency regarding board independence is concerning and may affect stakeholder trust.
In summary, while Grant County Fair Inc. has commendable program spending, its governance and accountability practices require significant improvement. Potential donors and supporters may want to consider these factors before engaging with the organization, as the current rating reflects ongoing issues in operational oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Grant County Fair Inc legitimate?
Grant County Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant County Fair 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
For more financial information, click here
Official website here: www.grantcofairky.com
What is the mission statement of Grant County Fair Inc?
Grant County Fair Inc's mission is centered around community education, cultural exposure, and the promotion of agriculture. They achieve this by organizing events such as the county fair, raising funds to boost interest and awareness in agricultural advancements and developments within Grant County. The income generated is utilized for various purposes, including providing participation awards, maintaining and improving the fairgrounds for public benefit, and supporting youth groups like 4-H.
Official website here: www.grantcofairky.com
Who is the CEO of Grant County Fair Inc?
Travis Rhoton is the Secretary of Grant County Fair Inc.
Official website here: www.grantcofairky.com
What is the revenue of Grant County Fair Inc?
Grant County Fair Inc's revenue in 2020 was $15,147.
Official website here: www.grantcofairky.com
Who are the executives of Grant County Fair Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.grantcofairky.com
Where can I find the form 990 for Grant County Fair Inc?
Grant County Fair Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.grantcofairky.com
Learn more at the official website: www.grantcofairky.com
Mission Statement of Grant County Fair Inc
Grant County Fair Inc, as a nonprofit organization, is committed to community education, cultural exposure, and the promotion of agriculture. Their primary mission is to raise funds through various events, such as the annual county fair, with the aim of increasing awareness and interest in agricultural advancements and developments in Grant County. The organization utilizes the income generated from these events to support youth groups, such as 4-H, by providing participation awards, maintaining the grounds, and making improvements for public benefit. By doing so, Grant County Fair Inc serves as a platform for educating the community about agriculture, fostering cultural exchange, and encouraging the development of future agricultural leaders.
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Impact
August, 2024
Grant County Fair Inc's impact can be seen through its promotion of agriculture, community education, and cultural exposition in Grant County. By organizing the county fair and other events, the organization raises funds to support agricultural improvements and developments in the region. Additionally, these funds are used to provide participation awards, maintain the fairgrounds, and make improvements for the benefit of the public.
Through its activities, Grant County Fair Inc plays a key role in fostering awareness and interest in agriculture, while also supporting youth groups like 4-H. By engaging the community in these initiatives, the organization contributes to the overall growth and development of Grant County, particularly in the realm of agriculture and youth education. Overall, Grant County Fair Inc's efforts have a tangible and positive impact on the local community by promoting a sense of pride and involvement in agricultural traditions and advancements.
This information is meant to be a general summary of Grant County Fair 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 2020.
- Investment Income: $12
- Program Service Revenue: $15,135
- Gross Receipts: $15,147
Assets and Liabilities:
- Total Assets: $850,198
- Total Liabilities: $405,969
- Net Assets: $444,229
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANT COUNTY FAIR REVENUE
Revenue
$15,135
Organization Details
Founding Year
1993
Principal Officer
Travis Rhoton
Main Address
PO BOX 96, WILLIAMSTOWN, KY, 41097
Website
www.grantcofairky.comNTEE Category
Code: N52 - Recreation
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