Overview
What is Trinity Valley Exposition Inc?
Trinity Valley Exposition Inc is a nonprofit organization situated in Liberty and Chambers Counties, Texas. Its primary mission revolves around promoting agriculture, youth organizations, and activities, while also providing scholarships for the education of local youth. This commitment to the community's future is exemplified through offering programs and resources, such as funding for activities and a livestock auction for FFA & 4H projects. The organization's main objective is to contribute positively to the lives of the citizens in these counties by fostering youth development and education.
Official website here: www.tvefair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
Trinity Valley Exposition Inc has received a low score of 58%, which indicates significant concerns regarding its accountability and financial practices. The absence of independent board members and missing financial statements highlight potential governance issues. However, the organization does maintain a good program expense ratio of 96.40%, suggesting that a large portion of its funds is directed towards its programs.
The evaluation reveals a lack of key policies such as a whistleblower policy and document retention procedures, which could affect the organization's transparency and ethical standards. While the organization has reported no material diversions of assets and has posted board meeting minutes, the overall governance structure raises questions about its operational integrity.
In summary, while Trinity Valley Exposition Inc is effectively utilizing its funds towards its mission, its governance and accountability practices require substantial improvement to enhance trust and transparency with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Valley Exposition Inc legitimate?
Trinity Valley Exposition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Valley Exposition 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: $44,266
For more financial information, click here
Official website here: www.tvefair.com
What is the mission statement of Trinity Valley Exposition Inc?
Trinity Valley Exposition Inc is dedicated to promoting agriculture, youth organizations, and activities in a manner that benefits the community. Their primary mission is to provide scholarships for the education of youth residing in Liberty and Chambers Counties. Through their initiatives, they aim to support the overall development and academic pursuits of young individuals in these regions. Additionally, the organization hosts programs and events that contribute to the growth of youth organizations and activities, thereby enriching the community as a whole.
Official website here: www.tvefair.com
Who is the CEO of Trinity Valley Exposition Inc?
Fred Lemond is the Vp - Livestock of Trinity Valley Exposition Inc.
Official website here: www.tvefair.com
What is the revenue of Trinity Valley Exposition Inc?
Trinity Valley Exposition Inc's revenue in 2022 was $1,317,449.
Official website here: www.tvefair.com
Who are the executives of Trinity Valley Exposition Inc and what are their salaries?
The average compensation at Trinity Valley Exposition Inc during 2022 was $44,266. There is 1 employee at Trinity Valley Exposition Inc.
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Official website here: www.tvefair.com
Where can I find the form 990 for Trinity Valley Exposition Inc?
Trinity Valley Exposition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tvefair.com
Learn more at the official website: www.tvefair.com
Mission Statement of Trinity Valley Exposition Inc
Trinity Valley Exposition, a nonprofit organization, is dedicated to serving the youth of Liberty and Chambers Counties, Texas. Its primary mission is multifaceted, encompassing the promotion of agriculture, youth organizations, and activities. In addition, the organization strives to award scholarships for the education of these youth. By doing so, Trinity Valley Exposition aims to contribute positively to the lives of young individuals in the community, thereby benefiting its citizens as a whole. The organization's activities include providing resources and support for various youth-related activities, as well as hosting a livestock auction for FFA & 4H projects. This auction serves as a platform for young farmers and livestock enthusiasts to showcase their projects and skills, potentially earning scholarships for their future educational pursuits. In essence, Trinity Valley Exposition is committed to fostering the growth and success of the youth in its community through agricultural education, youth organization support, and scholarship opportunities.
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Impact
July, 2024
Trinity Valley Exposition Inc's impact is significant in providing scholarships for the youth of Liberty and Chambers Counties in Texas. By promoting agriculture, youth organizations, and activities, the organization not only supports the education of young individuals but also contributes to the overall welfare of the community. Through initiatives like hosting a livestock auction for FFA & 4H projects and offering scholarships for educational expenses, Trinity Valley Exposition Inc plays a crucial role in empowering the youth and fostering educational opportunities in the region.
This information is meant to be a general summary of Trinity Valley Exposition 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 2022.
- Investment Income: $88
- Program Service Revenue: $761,990
- Gross Receipts: $1,952,722
Assets and Liabilities:
- Total Assets: $2,627,041
- Total Liabilities: $108,174
- Net Assets: $2,518,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIVESTOCK AUCTION
Revenue
$761,990
Organization Details
Founding Year
1909
Phone
(936) 336-7455Principal Officer
Fred Lemond
Main Address
PO BOX 9047, LIBERTY, TX, 77575
Website
www.tvefair.comNTEE Category
Code: B82 - Education
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