Overview
What is Montgomery County Fair Association?
Montgomery County Fair Association, based in Conroe, Texas, is a nonprofit organization that prioritizes youth education and development. Established in 1993, their primary mission involves offering scholarships, prizes, and awards to deserving county youth in various agricultural and home economics contests. The association raises funds for this purpose through events such as the Scholarship Trail Ride, Chili Cook-off, and auctions, contributing 5% of the Junior Livestock and Junior Non-Livestock auction proceeds. Since its inception, the association has provided over $2.6 million in scholarships to Montgomery County graduating seniors. With a total of 6 employees, the Montgomery County Fair Association continues to enrich the lives of local youth, fostering their achievements and growth.
Official website here: www.mcfa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Montgomery County Fair Association has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain operational areas. The organization boasts a solid accountability structure, with 96% of its board members being independent and no material diversion of assets reported. Additionally, the program expense ratio is strong at 78.52%, highlighting its commitment to programmatic spending.
However, the association has notable gaps in its operational policies, as it lacks a whistleblower policy and a document retention and destruction policy, which could affect transparency and governance. While it has documented board meeting minutes and a conflict of interest policy in place, these deficiencies suggest that there may be room for enhancing internal controls and accountability measures.
Overall, while the organization demonstrates some strengths in governance and financial metrics, the missing policies raise concerns that could impact stakeholder trust and operational effectiveness. Addressing these limitations could help improve its rating and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery County Fair Association legitimate?
Montgomery County Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $122,366
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,601
For more financial information, click here
Official website here: www.mcfa.org
What is the mission statement of Montgomery County Fair Association?
The Montgomery County Fair Association's primary objective is centered around youth education and development, as reflected in its activities and programs. Its mission encompasses offering scholarships, prizes, and awards to county youth who excel in agricultural and home economics contests. Adult residents, on the other hand, are eligible for prizes and awards in distinct programs focused on homemaking, fine arts, and horticulture. The association's Scholarship Program, initiated in 1993, has been instrumental in providing financial aid to deserving graduating seniors, with over $2.6 million awarded since its inception. In 2021 alone, the association bestowed scholarships worth $114,127 on graduating seniors in Montgomery County.
Official website here: www.mcfa.org
Who is the CEO of Montgomery County Fair Association?
Cody Bartlett is the President of Montgomery County Fair Association.
Official website here: www.mcfa.org
What is the revenue of Montgomery County Fair Association?
Montgomery County Fair Association's revenue in 2022 was $3,289,749.
Official website here: www.mcfa.org
Who are the executives of Montgomery County Fair Association and what are their salaries?
The average compensation at Montgomery County Fair Association during 2022 was $41,828. There are 6 employees and 700 volunteers at Montgomery County Fair Association.
Here are 28 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $117,501
- Related: $0
- Other: $1,015
Official website here: www.mcfa.org
Where can I find the form 990 for Montgomery County Fair Association?
Montgomery County Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcfa.org
Learn more at the official website: www.mcfa.org
Mission Statement of Montgomery County Fair Association
The Montgomery County Fair Association, a nonprofit organization, is dedicated primarily to the education and development of young individuals. Its mission is to recognize and reward the accomplishments of county youth in agricultural and home economics contests. While adult residents of Montgomery County are eligible for prizes and awards in separate programs for homemaking, fine arts, and horticulture, the main focus remains on the youth.
Established in 1993 with the creation of the Scholarship Trail Ride Committee, the Montgomery County Fair Association's Scholarship Program has been a significant part of its activities. The organization raises funds through events such as the Scholarship Trail Ride, the Scholarship Chili Cook-off, and contributions from the Junior Livestock and Junior Non-Livestock Auctions of the Fair. These funds are allocated towards scholarships for graduating seniors, with over $2.6 million distributed since the program's inception. In 2021 alone, the association awarded $114,127 in scholarships to deserving students in Montgomery County.
In summary, the Montgomery County Fair Association is committed to nurturing the potential of its county's youth through educational contests and scholarships. By recognizing and rewarding their achievements, the association aims to encourage and support the development of competent and capable young individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of the Montgomery County Fair Association goes beyond just organizing annual events - it plays a significant role in supporting the educational and developmental needs of youth in Montgomery County. Through its Scholarship Program, which has been ongoing since 1993, the association has provided over $2.6 million in college scholarships to graduating seniors. In 2021 alone, $114,127 in scholarships were awarded to students in the county. This support not only helps students further their education but also recognizes their achievements in agricultural and home economics contests. By investing in the youth of the community, the Montgomery County Fair Association is fostering a brighter future for the next generation.
This information is meant to be a general summary of Montgomery County 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: $1,711
- Program Service Revenue: $2,748,559
- Gross Receipts: $3,373,635
Assets and Liabilities:
- Total Assets: $5,334,425
- Total Liabilities: $363,185
- Net Assets: $4,971,240
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fair revenue/admission
Revenue
$1,371,133
Livestock/auction sale
Revenue
$1,342,426
Carnival ground fees
Revenue
$35,000
Organization Details
Founding Year
1979
Phone
(936) 760-3631Principal Officer
Cody Bartlett
Main Address
PO Box 869, Conroe, TX, 77305
Website
www.mcfa.orgNTEE Category
Code: N520 - Recreation
If you are a representative of Montgomery County Fair Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.