Overview
What is Rockdale Fair Association?
The Rockdale Fair Association, based in Rockdale, Texas, serves as a vital sponsor for local events and activities. Its primary mission is to support the Rockdale Fair and Rodeo, offering a platform for youth in the Rockdale and Milam County area. The association organizes events such as rodeos, livestock auctions, and pet shows, providing numerous opportunities for young participants. Beyond these events, the Rockdale Fair Association also supports youth activities in the region, fostering a sense of community and engagement among local youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
The Rockdale Fair Association has received a rating of "Needs Improvement" from Charity Navigator, indicating that while the organization has some strengths, it also faces significant challenges in areas related to transparency and governance. With an overall score of 67%, the nonprofit has demonstrated a commendable program expense ratio of 98.46%, suggesting that the majority of its resources are used towards its mission-related activities.
One of the strongest points for the Rockdale Fair Association is its governance structure, with 100% independent board members, which enhances accountability. However, the organization falls short in critical areas such as financial transparency, with missing financial statements and various policies that are not in place, including conflict of interest and whistleblower policies. This lack of documentation raises concerns about the organization’s operational practices and governance.
Furthermore, the absence of a website listed on the tax form and missing disclosures like the tax form on its website further limits its transparency. The organization has a low liabilities to assets ratio of 2.29%, which is a positive indicator of financial health, yet the overall lack of accessible information may deter potential supporters and donors. Continued efforts to improve transparency and implement necessary policies could enhance the Rockdale Fair Association's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rockdale Fair Association legitimate?
Rockdale Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockdale Fair Association 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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What is the mission statement of Rockdale Fair Association?
The Rockdale Fair Association's primary objective is to sponsor local events, specifically the Rockdale Fair and Rodeo, and provide youth activities within the Rockdale and Milam County area in Texas. Their mission involves supporting youth-oriented events such as rodeos, livestock auctions, and pet shows, aimed at engaging the numerous young individuals residing in the region.
Who is the CEO of Rockdale Fair Association?
Kris Moreland is the Vp of Rockdale Fair Association.
What is the revenue of Rockdale Fair Association?
Rockdale Fair Association's revenue in 2022 was $1,347,284.
Who are the executives of Rockdale Fair Association and what are their salaries?
There 150 volunteers at Rockdale Fair Association.
Here are 29 key members and their salaries:
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Where can I find the form 990 for Rockdale Fair Association?
Rockdale Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rockdale Fair Association
The Rockdale Fair Association, as its primary purpose, sponsors the annual Rockdale Fair and Rodeo and organizes various youth activities within the Rockdale and Milam County area in Texas. This nonprofit organization is dedicated to supporting the local youth by sponsoring events such as rodeos, livestock auctions, and pet shows. These activities provide an engaging and educational experience for hundreds of young individuals in the community. The Rockdale Fair Association aims to enrich the lives of the area's youth by fostering a sense of community and offering opportunities for personal growth and development through these events.
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Impact
July, 2024
The Rockdale Fair Association's impact is significant in the Rockdale and Milam County area, as it sponsors the Rockdale Fair and Rodeo and provides various youth activities. By organizing events like rodeos, livestock auctions, and pet shows, the association actively engages and benefits hundreds of youth in the community. Its focus on promoting youth participation in such activities not only fosters a sense of community but also helps in developing skills and interests among the younger generation.
This information is meant to be a general summary of Rockdale Fair Association. 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: $648
- Program Service Revenue: $1,246,664
- Gross Receipts: $1,374,014
Assets and Liabilities:
- Total Assets: $700,053
- Total Liabilities: $16,112
- Net Assets: $683,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YOUTH LIVESTOCK SHOW A
Revenue
$1,014,487
FAIR AND RODEO ACTIVIT
Revenue
$206,534
JUBILEE DAYS INCOME
Revenue
$25,643
Organization Details
Founding Year
1977
Phone
(512) 430-2767Principal Officer
Kris Moreland
Main Address
PO BOX 1059, ROCKDALE, TX, 765671059
NTEE Category
Code: N52 - Recreation
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