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Salado Youth Fair Booster Club Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742607038 ✦ Salado, TX ✦ Designated as a 501(c)(3)

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Overview

What is Salado Youth Fair Booster Club Inc?

Salado Youth Fair Booster Club Inc is a nonprofit organization situated in Salado, Texas. Their primary mission is to support the youth of the Salado area by financially backing various projects associated with the local youth fair. This commitment to youth development is evident in their mission statement, which emphasizes their role in enhancing the lives of young individuals in the community. The club operates through purchases of youth fair projects, thereby contributing to the overall growth and development of the youth in Salado.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Salado Youth Fair Booster Club Inc has received a 73% score from Charity Navigator, indicating a Two-Star rating. This score is solely based on its Accountability & Finance beacon, reflecting the organization's responsible financial practices. It demonstrates a strong commitment to transparency and accountability, highlighted by its perfect scores in independent board member composition and the absence of material diversion of assets.

The organization boasts a fully independent board, which enhances its governance and decision-making processes. It maintains an impressive program expense ratio of 99.61%, signifying that nearly all its funds are directed towards programs rather than administrative costs. Additionally, the club documents its board meeting minutes, reinforcing its commitment to transparency.

However, despite these strengths, the overall rating remains moderate, suggesting that while the organization is financially sound and well-managed, there may be areas for improvement in its overall operations or impact rating that could elevate its status further in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Salado Youth Fair Booster Club Inc legitimate?

Salado Youth Fair Booster Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salado Youth Fair Booster Club 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: $0

For more financial information, click here

What is the mission statement of Salado Youth Fair Booster Club Inc?

The Salado Youth Fair Booster Club Inc's mission is centered around supporting the youth in the Salado area. They accomplish this by financially backing various projects at the youth fair. This commitment enables the young individuals to participate and showcase their talents, thereby fostering their growth and development. The club's activities are geared towards enriching the lives of the youth in their community, providing them with opportunities to learn and grow.

Who is the CEO of Salado Youth Fair Booster Club Inc?

Nichole Dockray is the President of Salado Youth Fair Booster Club Inc.

What is the revenue of Salado Youth Fair Booster Club Inc?

Salado Youth Fair Booster Club Inc's revenue in 2023 was $137,458.

Who are the executives of Salado Youth Fair Booster Club Inc and what are their salaries?


Here are 5 key members and their salaries:


Nichole Dockary (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lochie Hosch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Farr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Britney Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Edwards (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Salado Youth Fair Booster Club Inc?

Salado Youth Fair Booster Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Salado Youth Fair Booster Club Inc

The Salado Youth Fair Booster Club Inc is committed to supporting the youth of the Salado area. Their mission, as stated, is to achieve this by purchasing youth fair projects. This means they invest in the initiatives and endeavors of the local youth, ensuring they have the resources they need to participate in the youth fair. By doing so, they empower and encourage the youth of Salado, providing them with opportunities to showcase their talents and learn valuable skills. The club's actions directly contribute to the growth and development of the youth in the area, fostering a sense of community and engagement.

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Impact




October, 2024

The Salado Youth Fair Booster Club Inc significantly impacts the youth in the Salado area by fostering their participation in youth fair projects. By providing financial support for these projects, the organization enhances opportunities for local youth to engage in hands-on experiences that promote learning, creativity, and personal development. This engagement not only empowers individual students but also cultivates a sense of community pride and collaboration in Salado.

By investing in youth fair projects, the Booster Club encourages skills such as responsibility, teamwork, and leadership, which are essential for personal growth. Furthermore, the club’s efforts help to create a vibrant youth culture in Salado, which can lead to lower crime rates by promoting constructive activities and community involvement among young people. Overall, the Salado Youth Fair Booster Club Inc plays a crucial role in nurturing the future leaders of the community through its support of local youth initiatives.




This information is meant to be a general summary of Salado Youth Fair Booster Club 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.

Revenue
$137,458 (2023)
Expenses
$136,738 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $206,010

Assets and Liabilities:

  • Total Assets: $6,587
  • Total Liabilities: $0
  • Net Assets: $6,587

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Organization Details

Founding Year

1993

Principal Officer

Nichole Dockray

Main Address

PO BOX 244, SALADO, TX, 76571

NTEE Category

Code: I20Z - Crime

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