Overview
What is Titus County Fair Association Inc?
The Titus County Fair Association Inc is a not-for-profit organization situated in an unspecified location. Their primary activity is the annual organization of a county fair, which encompasses a livestock show, academic rodeo, carnival exhibits, fine art show, bake show, and entertainment. This annual event serves as a platform to honor local youth by awarding them scholarships. The association's mission is to bring the community together through this annual fair, fostering a sense of camaraderie and providing opportunities for the local youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%).
The Titus County Fair Association Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. While the organization boasts strong accountability with 100% independent board members and no reported diversion of assets, it struggles significantly in transparency and financial reporting, evidenced by missing financial statements and a lack of essential policies.
The organization has a remarkable program expense ratio of 99.88%, indicating that nearly all of its funds are directed toward its programs. However, the absence of key documents such as financial statements, a conflict of interest policy, and a whistleblower policy raises concerns about its governance and operational transparency. This lack of documentation may hinder potential donors from fully understanding its financial health and commitment to accountability.
Overall, while the Titus County Fair Association shows strengths in program spending and board independence, it must address its transparency and financial reporting issues to improve its standing and gain the trust of potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Titus County Fair Association Inc legitimate?
Titus County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Titus 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 Titus County Fair Association Inc?
The Titus County Fair Association's primary mission is to organize an annual county fair, which encompasses various activities such as livestock shows, academic rodeos, carnival exhibits, fine art shows, bake shows, and entertainment. A significant aspect of their mission is to honor local youth by providing them with scholarships each year. Essentially, the association aims to provide a platform for local talent and support the education of young individuals in the community.
Who is the CEO of Titus County Fair Association Inc?
Patti Aguilar is the Treasurer of Titus County Fair Association Inc.
What is the revenue of Titus County Fair Association Inc?
Titus County Fair Association Inc's revenue in 2022 was $744,722.
Who are the executives of Titus County Fair Association Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Titus County Fair Association Inc?
Titus County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Titus County Fair Association Inc
The Titus County Fair Association, as an organization, is committed to hosting an annual county fair. This event is a vibrant celebration that encompasses various activities such as livestock shows, academic rodeos, carnival exhibits, fine art shows, and bake shows. The fair also includes entertainment to captivate the local community. A significant aspect of their mission is the awarding of scholarships to local children each year, recognizing and supporting their educational pursuits.
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Impact
July, 2024
The Titus County Fair Association Inc's impact can be seen through its annual county fair, which provides a platform for the community to come together and celebrate local talent, creativity, and agriculture. Through events like the livestock show, academic rodeo, fine art show, and bake show, the fair promotes skills and interests within the community. Additionally, by awarding scholarships to local kids each year, the association supports the education and development of youth in the region. Overall, the Titus County Fair Association Inc plays a significant role in fostering a sense of community and providing opportunities for growth and recognition within the area.
This information is meant to be a general summary of Titus 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: $913
- Program Service Revenue: $742,761
- Gross Receipts: $744,722
Assets and Liabilities:
- Total Assets: $919,846
- Total Liabilities: $0
- Net Assets: $919,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNTY FAIR
Revenue
$738,640
CINCO DE MAYO
Revenue
$4,121
Organization Details
Phone
(903) 572-7600Principal Officer
Patti Aguilar
Main Address
P O BOX 1232, MOUNT PLEASANT, TX, 75456
NTEE Category
Code: N52Z - Recreation
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