Overview
What is Lampasas County Livestock Assoc?
Lampasas County Livestock Assoc is a nonprofit organization situated in Lampasas, Texas. Their primary mission is to foster the development of the livestock industry, especially within the youth sector, in Lampasas County. They achieve this goal through various initiatives. One of their significant activities is hosting an annual reverse raffle to raise funds for their events, such as the livestock show, and to improve their facilities. The organization is committed to promoting the livestock industry, with a strong focus on nurturing the younger generation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Lampasas County Livestock Association has received a Two-Star rating, indicating that it meets basic standards of accountability and finance but has areas for improvement. The organization boasts a strong governance structure with 100% independent board members and no material diversion of assets, which reflects positively on its integrity and oversight.
However, there are significant gaps in transparency as evidenced by the absence of several key policies, including a conflict of interest policy and a whistleblower policy. Additionally, the charity's website is not listed on its tax form, which detracts from its overall accountability in the eyes of potential donors. Despite these limitations, the organization maintains a high program expense ratio of 96.01%, suggesting that a large proportion of its funds are allocated directly to its programming efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Lampasas County Livestock Assoc legitimate?
Lampasas County Livestock Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lampasas County Livestock Assoc 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
What is the mission statement of Lampasas County Livestock Assoc?
The Lampasas County Livestock Association is a not-for-profit organization dedicated to fostering the growth of the livestock industry, with a particular focus on youth education. Their mission is to promote this industry by organizing initiatives and events that encourage learning and development among young individuals. The association generates funds through annual events, such as a reverse raffle, to support their primary event, the livestock show, and to improve the facilities used for these events.
Who is the CEO of Lampasas County Livestock Assoc?
Jeff Rutland is the President of Lampasas County Livestock Assoc.
What is the revenue of Lampasas County Livestock Assoc?
Lampasas County Livestock Assoc's revenue in 2023 was $608,103.
Who are the executives of Lampasas County Livestock Assoc and what are their salaries?
There 25 volunteers at Lampasas County Livestock Assoc.
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Where can I find the form 990 for Lampasas County Livestock Assoc?
Lampasas County Livestock Assoc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lampasas County Livestock Assoc
Lampasas County Livestock Association, a not-for-profit organization, is dedicated to fostering the growth of the livestock industry primarily in Lampasas County. It achieves this mission primarily through youth education. The association's commitment to this cause is evident in its annual reverse raffle, which generates funds to support the annual livestock show and facilitate improvements in the associated facilities. By investing in the youth and the livestock industry, Lampasas County Livestock Association plays a significant role in nurturing future generations in this sector.
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Impact
July, 2024
The Lampasas County Livestock Association's impact is significant in promoting the growth of the livestock industry in Lampasas County, particularly through youth education. They host a reverse raffle every year to generate funds for the annual livestock show and make improvements to the facilities. Through their efforts, they are actively supporting youth development in agriculture and helping to ensure the future sustainability of the livestock industry in the region.
This information is meant to be a general summary of Lampasas County Livestock Assoc. 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: $504
- Program Service Revenue: $197,153
- Gross Receipts: $608,103
Assets and Liabilities:
- Total Assets: $652,898
- Total Liabilities: $0
- Net Assets: $652,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVERSE RAFFLE
Revenue
$102,821
STOCKSHOW
Revenue
$46,939
OTHER INCOME
Revenue
$25,521
LADIES AUXILIARY
Revenue
$21,872
Organization Details
Founding Year
2011
Phone
(512) 564-3425Principal Officer
Jeff Rutland
Main Address
PO BOX 504, LAMPASAS, TX, 76550
NTEE Category
Code: O52 - Youth development
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