Overview
What is The Park Of East Texas Inc?
The Park of East Texas Inc, commonly known as East Texas State Fair Association, is a nonprofit organization situated in Tyler, Texas. Their primary mission involves promoting education through various initiatives, such as essay contests, art exhibits, and agricultural and horticultural advancements. They also organize an annual fair, which is run by their staff and volunteers. The organization has acquired 240 acres with plans to develop a year-round, master-planned area, including equestrian facilities, exhibition spaces, meeting rooms, open demonstration and educational areas, an amphitheater, an events center, equestrian and pedestrian trails, and a hotel. A multi-purpose arena is planned for Phase 1, expected to host trade shows, commencement programs, conventions, concerts, horse shows, car shows, and other events. Additionally, The Park of East Texas Inc awards scholarships to graduating seniors and Academic Rodeo participants, totaling ten scholarships annually. They also offer educational tours for student groups, providing an initial exposure to agriculture, farming, and livestock.
Official website here: www.etstatefair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
The Park of East Texas Inc, operating as the East Texas State Fair, has received a Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The charity's score reflects excellent practices in governance, with a fully independent board and robust financial management. Their program expense ratio of 72.11% shows a significant commitment to their charitable activities, ensuring that the majority of funds are directed toward programs rather than administrative costs.
User feedback highlights the positive impact the organization has on the community, particularly through its scholarship offerings and educational initiatives such as AgriWorld and Academic Rodeo. A reviewer emphasized the substantial support provided to local youth, suggesting that the charity is well-regarded in its commitment to fostering education and growth within the region.
However, while the organization performs well in many areas, it is noted that the whistleblower policy is currently missing, which is a critical component in promoting accountability and transparency. Despite this limitation, their overall financial health and community contributions position them as a beneficial entity in East Texas.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Park Of East Texas Inc legitimate?
The Park Of East Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Park Of East Texas 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: $270,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,136
For more financial information, click here
Official website here: www.etstatefair.com
What is the mission statement of The Park Of East Texas Inc?
The Park of East Texas Inc, operating under the name East Texas State Fair, promotes educational advancement through various means. They conduct essay contests, showcase agricultural and horticultural advancements, and display techniques and subjects beneficial to the community. The organization, run by its staff and volunteers, has acquired 240 acres with plans for a year-round, master-planned area. This area includes equestrian facilities, exhibition and expo space, meeting rooms, open demonstration and educational space, an amphitheater, an events center, equestrian and pedestrian trails, and a hotel. An environmentally controlled, multi-purpose arena is planned for phase 1, with intended uses including trade shows, commencement programs, conventions, concerts, horse shows, car shows, and other events.
Official website here: www.etstatefair.com
Who is the CEO of The Park Of East Texas Inc?
John Sykes is the Ceo of The Park Of East Texas Inc. The CEO's salary of The Park Of East Texas Inc is $270,940 and their total compensation is $277,419.
Official website here: www.etstatefair.com
What is the revenue of The Park Of East Texas Inc?
The Park Of East Texas Inc's revenue in 2022 was $1,856,412.
Official website here: www.etstatefair.com
Who are the executives of The Park Of East Texas Inc and what are their salaries?
The average compensation at The Park Of East Texas Inc during 2022 was $11,020. There are 54 employees and 350 volunteers at The Park Of East Texas Inc.
Here are 37 key members and their salaries (The Park Of East Texas Inc's CEO's salary is $270,940 and their total compensation is $277,419):
- Compensation: $270,940
- Related: $0
- Other: $6,479
- 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: $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
Official website here: www.etstatefair.com
Where can I find the form 990 for The Park Of East Texas Inc?
The Park Of East Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.etstatefair.com
Learn more at the official website: www.etstatefair.com
Mission Statement of The Park Of East Texas Inc
The Park of East Texas Inc, operating under the name East Texas State Fair, is an organization dedicated to promoting education and community development. They achieve this through various means, including hosting an annual fair, organizing essay contests, showcasing agricultural and horticultural advancements, and displaying art exhibits. These activities aim to provide useful information and benefits to individuals, thereby contributing positively to the community.
In addition to its annual fair, The Park of East Texas Inc has acquired a 240-acre plot of land with plans to establish a year-round, master-planned area. This development will feature a multi-purpose arena, exhibition and expo space, meeting rooms, open demonstration and educational space, an amphitheater, an events center, equestrian and pedestrian trails, and a hotel. The initial phase of this project will see the construction of an environmentally controlled arena, which will be utilized for trade shows, commencement programs, conventions, concerts, horse shows, car shows, and other events.
In essence, The Park of East Texas Inc, through its East Texas State Fair, strives to foster education and community enrichment by organizing events and exhibits, while also planning for a broader, year-round facility that will cater to various events and activities, providing a platform for learning, entertainment, and social interaction.
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 Park of East Texas Inc, doing business as East Texas State Fair, has a significant impact on the community through its various educational programs and activities. The organization operates an annual fair that promotes education through essay contests, art exhibits, agricultural and horticultural advancements, and other beneficial subjects. It also offers scholarships to graduating seniors through an internal educational competition called the Academic Rodeo. The fair serves as an educational tool for students, providing them with exposure to agriculture, farming, and livestock.
Additionally, The Park of East Texas supports over 3,500 entries in its livestock show and awards cash premiums totaling over $20,000 annually. The organization's mission to advance education and provide unique learning opportunities to youth underscores its importance in the community.
This information is meant to be a general summary of The Park Of East Texas 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: $8,520
- Program Service Revenue: $1,826,327
- Gross Receipts: $1,856,412
Assets and Liabilities:
- Total Assets: $4,090,713
- Total Liabilities: $865,150
- Net Assets: $3,225,563
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.
AGRICULTURAL FAIR
Revenue
$1,826,327
Organization Details
Founding Year
1976
Phone
(903) 597-2501Principal Officer
John Sykes
Main Address
2112 WEST FRONT STREET, TYLER, TX, 75702
Website
www.etstatefair.comNTEE Category
Code: N520 - Recreation
If you are a representative of The Park Of East Texas Inc 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.