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Colorado County Ag Complex

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

EIN: 742690333 ✦ Nada, TX ✦ Designated as a 501(c)(3)

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Overview

What is Colorado County Ag Complex?

Colorado County Ag Complex is a nonprofit organization with a mission to raise funds and construct fairgrounds for the benefit of the county's residents, particularly focusing on youth activities. The complex aims to establish facilities that will support various community events and activities, thereby enriching the lives of local residents, especially the younger generation. The organization's primary objective is to contribute to the development of the surrounding communities by building fairgrounds that will serve as a hub for diverse activities, fostering unity and community engagement.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

The Colorado County Ag Complex has received a low rating of 53%, primarily reflecting its performance in accountability and finance. This rating is derived from various factors, with the organization scoring particularly poorly on governance aspects, such as board independence and absence of essential policies. Specifically, there are no independent board members, and several important governance documents are missing, which raises concerns about transparency and oversight.

Despite these shortcomings, the organization has a strong program expense ratio of 98.92%, indicating that it allocates a significant majority of its resources directly to its programs. This suggests that the nonprofit is committed to fulfilling its mission effectively, even though the governance issues could undermine long-term sustainability and donor confidence.

Overall, while the Colorado County Ag Complex demonstrates a commitment to its programs, the lack of accountability measures and independent oversight is a significant limitation. Prospective donors and stakeholders may want to consider these factors carefully when evaluating their support for the organization.


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

Is Colorado County Ag Complex legitimate?

Colorado County Ag Complex is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado County Ag Complex 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 Colorado County Ag Complex?

The Colorado County Ag Complex aims to construct fairgrounds, serving as a hub for youth activities within the surrounding communities. Their mission is to raise funds and ultimately build facilities that cater to individuals from the county and its surrounding areas, with a specific focus on supporting youth-related activities.

Who is the CEO of Colorado County Ag Complex?

Ray Corcoran is the President of Colorado County Ag Complex.

What is the revenue of Colorado County Ag Complex?

Colorado County Ag Complex's revenue in 2022 was $24,408.

Who are the executives of Colorado County Ag Complex and what are their salaries?

There 8 volunteers at Colorado County Ag Complex.


Here are 6 key members and their salaries:


Ray Corcoran (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Smidovec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shalor Townzen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Polach Jr (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Whitlock (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Holland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colorado County Ag Complex?

Colorado County Ag Complex's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Colorado County Ag Complex

The Colorado County Ag Complex, a nonprofit organization, is dedicated to constructing fairgrounds that cater to youth activities within the surrounding communities. Their mission is to raise funds and build facilities that will benefit all individuals in the county and beyond, placing a significant emphasis on youth-focused activities. The objective is to provide a platform for youth engagement, fostering community growth and development.

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Impact




August, 2024

The Colorado County Ag Complex has a significant impact on the surrounding communities by providing a dedicated space for youth activities and recreational opportunities. By building fairgrounds and organizing events, the Ag Complex creates a vibrant hub for the community to come together, support youth development, and promote overall well-being. This initiative plays a crucial role in fostering community spirit, promoting healthy lifestyles, and providing educational and social opportunities for individuals in Colorado County and its surrounding areas.




This information is meant to be a general summary of Colorado County Ag Complex. 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
$24,408 (2022)
Expenses
$22,891 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23
  • Program Service Revenue: $24,385
  • Gross Receipts: $24,408

Assets and Liabilities:

  • Total Assets: $713,828
  • Total Liabilities: $0
  • Net Assets: $713,828

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FAIR PROCEEDS

Revenue

$24,385

Organization Details

Founding Year

1993

Principal Officer

Ray Corcoran

Main Address

PO BOX 9, NADA, TX, 77460

NTEE Category

Code: N52Z - Recreation

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