Overview
What is Freestone County Fair Association Inc?
Freestone County Fair Association Inc, located in Teague, Texas, is a nonprofit organization dedicated to offering enjoyable experiences and opportunities for residents in Freestone County and its vicinity. Their primary mission is to encourage youth involvement in agricultural activities, which they accomplish through organizing fairs and hosting an auction of animals raised and groomed by the local youngsters of Freestone County. The association aims to provide a platform for everyone to participate in various fair activities, contributing to the community's vibrancy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Freestone County Fair Association Inc has received a Two-Star rating, reflecting a score of 67%. This rating indicates that while the organization demonstrates strengths in areas such as having a fully independent board and a strong program expense ratio of 98.67%, there are significant shortcomings in its accountability and financial practices.
Strengths include a perfect score for its independent board members and a very low liabilities-to-assets ratio, showcasing a solid financial foundation. However, the organization lacks a conflict of interest policy, whistleblower policy, and proper documentation practices, which are essential for transparency and accountability. Additionally, the absence of a website link on its tax form and missing financial statements further highlight the areas needing improvement. Overall, while the Freestone County Fair Association Inc is effective in its programming, it must enhance its governance and transparency measures.
This AI summary has been generated from information found on Charity Navigator.
Is Freestone County Fair Association Inc legitimate?
Freestone County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freestone County Fair Association 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
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What is the mission statement of Freestone County Fair Association Inc?
The Freestone County Fair Association Inc's mission is centered around encouraging youth participation in agricultural activities. In pursuit of this goal, they provide a platform for young individuals in Freestone County and its surrounds to showcase their skills in animal husbandry and farming. By organizing fairs and auctions for the animals raised and groomed by these young participants, the association aims to foster a love for agriculture and provide an engaging experience for all attendees. Overall, the mission of the Freestone County Fair Association Inc is to support and inspire the next generation of agricultural enthusiasts.
Who is the CEO of Freestone County Fair Association Inc?
Jodi Bodine is the President of Freestone County Fair Association Inc.
What is the revenue of Freestone County Fair Association Inc?
Freestone County Fair Association Inc's revenue in 2022 was $1,233,064.
Who are the executives of Freestone County Fair Association Inc and what are their salaries?
There 40 volunteers at Freestone County Fair Association Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Freestone County Fair Association Inc?
Freestone County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Freestone County Fair Association Inc
Freestone County Fair Association Inc, a nonprofit organization, is committed to encouraging youth participation in agricultural activities. This mission is at the heart of their operations, aiming to provide a platform where young individuals can engage in agricultural activities. By doing so, they offer a unique entertainment opportunity for all patrons residing in Freestone County and its surrounding areas. The association also hosts an auction of animals, meticulously raised and groomed by the youth of Freestone County. This event not only showcases their hard work but also serves as a learning opportunity, fostering a deeper appreciation for agriculture and its role in their community.
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Impact
July, 2024
The impact of the Freestone County Fair Association Inc is significant in encouraging youth participation in agricultural activities in the Teague, TX area. By providing entertainment and opportunities for patrons in Freestone and surrounding counties to participate in fair activities and auctions of animals raised and groomed by the youth of Freestone County, the association plays a key role in promoting agricultural education and engagement among young people. The fair activities organized by the association not only create a platform for showcasing the hard work and skills of the youth but also foster a sense of community involvement and support for the agricultural industry.
This information is meant to be a general summary of Freestone County Fair Association 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: $9
- Program Service Revenue: $1,157,229
- Gross Receipts: $1,256,685
Assets and Liabilities:
- Total Assets: $423,749
- Total Liabilities: $0
- Net Assets: $423,749
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR & RODEO
Revenue
$1,157,229
Organization Details
Founding Year
1986
Phone
(903) 388-2118Principal Officer
Jodi Bodine
Main Address
PO BOX 806, TEAGUE, TX, 75860
NTEE Category
Code: N52 - Recreation
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