Overview
What is Appalachian Fair Association Inc?
The Appalachian Fair Association Inc, situated in Johnson City, Tennessee, is a distinguished nonprofit organization. Its primary function is to organize and manage a regional fair, serving as a platform for community engagement and entertainment. As a multi-faceted entity, the organization operates under the categories of fairs, counties, and other organizations, ensuring a diverse and inclusive experience for its attendees. The Appalachian Fair Association's mission is to provide an enjoyable and educational atmosphere, fostering a sense of unity and celebration within the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Appalachian Fair Association Inc has received a Two-Star rating, which indicates a need for improvement in certain areas, despite its strong performance in accountability and finance. With a majority of its board members being independent and a solid liabilities to assets ratio, the organization demonstrates financial stability and governance integrity.
One of the standout features is the high program expense ratio of 82.96%, which suggests that a significant portion of its funds is directed towards program services rather than administrative costs. However, the overall rating reflects some concerns that may need to be addressed for better transparency and effectiveness in its operations.
While the organization is positioned well in terms of board independence and financial health, the low star rating implies potential areas for growth in its overall impact and accountability to donors and stakeholders. Without addressing these limitations, it may struggle to enhance its reputation and attract future support.
This AI summary has been generated from information found on Charity Navigator.
Is Appalachian Fair Association Inc legitimate?
Appalachian Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian 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: $71,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,571
For more financial information, click here
What is the mission statement of Appalachian Fair Association Inc?
The Appalachian Fair Association's primary role is to organize and manage a regional fair, serving as a multi-purpose organization. Their mission, in essence, is to orchestrate this annual event, acting as a fair, county, and other related entities. Their activities primarily revolve around the operation of this fair, serving as a platform for entertainment, education, and community engagement.
What is the revenue of Appalachian Fair Association Inc?
Appalachian Fair Association Inc's revenue in 2023 was $1,346,383.
Who are the executives of Appalachian Fair Association Inc and what are their salaries?
The average compensation at Appalachian Fair Association Inc during 2023 was $3,268. There are 52 employees and 300 volunteers at Appalachian Fair Association Inc.
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Where can I find the form 990 for Appalachian Fair Association Inc?
Appalachian Fair Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Appalachian Fair Association Inc
The Appalachian Fair Association, as an organization, is primarily focused on conducting a regional fair. Its mission extends beyond just hosting events, as it also functions as a multi-faceted entity in Johnson City, TN. This organization serves as a platform for various activities, embodying the spirit of a fair, a county organization, and other related entities. By doing so, it contributes to the community in a multifaceted manner.
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Impact
July, 2024
Appalachian Fair Association Inc's impact is significant in Johnson City, TN, where it conducts a regional fair. This organization provides a platform for community engagement, entertainment, and recreation for the residents of the region. The fair also promotes local talents, agriculture, and cultural heritage, contributing to the economic and social development of the area. Through its activities and events, the Appalachian Fair Association fosters a sense of community pride and unity, making it a valuable asset to the region.
This information is meant to be a general summary of Appalachian 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: $6,066
- Program Service Revenue: $1,097,092
- Gross Receipts: $1,346,383
Assets and Liabilities:
- Total Assets: $1,666,635
- Total Liabilities: $126,256
- Net Assets: $1,540,379
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gate Receipts & Tickets
Revenue
$917,396
Commercial Exhibits & Entry Fees
Revenue
$67,771
Parking
Revenue
$46,066
Concessions & Misc Sales
Revenue
$65,859
Organization Details
Founding Year
1926
Principal Officer
Cathy Byers
NTEE Category
Code: N52 - Recreation
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