Overview
What is Fair 2000 Inc?
Fair 2000 Inc, a nonprofit organization situated in Denton, Texas, is dedicated to elevating youth development. They achieve this by granting funds to foster youth agriculture programs within the local community. Their primary goal is to generate resources for youth programs, specifically those focused on agriculture. By providing financial support, Fair 2000 Inc contributes to the growth and education of young individuals in the field of agriculture, thereby enriching their lives and the Denton community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
Fair 2000 Inc has received a One-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 58%. This rating indicates concerns primarily in the area of Accountability & Finance, which is the sole basis for the score. While the organization excels in several governance aspects—such as having a fully independent board and documenting board meeting minutes—its financial liabilities significantly impact its overall rating.
The organization achieves a high program expense ratio of 96.40%, demonstrating a strong commitment to programmatic spending. However, the notably high liabilities to assets ratio of 383.15% raises red flags regarding financial stability. This imbalance suggests that the organization's obligations may outweigh its financial resources, which could pose a risk to its operations and sustainability.
While Fair 2000 Inc shows commendable governance practices, the financial challenges highlighted in the data should be carefully considered by potential donors and stakeholders. Addressing these financial issues may be critical for the organization to improve its standing and ensure long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Fair 2000 Inc legitimate?
Fair 2000 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair 2000 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 Fair 2000 Inc?
Fair 2000 Inc, as an organization, is dedicated to supporting youth programs. They accomplish this mission by granting funds to various initiatives that foster youth agriculture in the community. By providing these resources, Fair 2000 Inc aims to contribute positively to the development and growth of young individuals, thereby enriching their future prospects. Their activities primarily focus on the Denton, Texas community, but their impact extends beyond, fostering a sense of community and empowerment among the youth.
Who is the CEO of Fair 2000 Inc?
Unavailable
What is the revenue of Fair 2000 Inc?
Fair 2000 Inc's revenue in 2022 was $202,495.
Who are the executives of Fair 2000 Inc and what are their salaries?
There 40 volunteers at Fair 2000 Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Fair 2000 Inc?
Fair 2000 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fair 2000 Inc
Fair 2000 Inc, a nonprofit organization, is committed to raising funds for youth programs. Their primary mission is achieved by providing grants to support youth agriculture initiatives within the community of Denton, Texas. By offering financial assistance for these programs, Fair 2000 Inc aims to foster the growth and development of local youth, nurturing their interest in agriculture and providing them with valuable learning opportunities.
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Impact
October, 2024
Fair 2000 Inc has a significant impact on the Denton, Texas community by supporting youth agriculture programs through financial grants. By raising funds dedicated to enhancing educational opportunities, Fair 2000 fosters the development of skills and knowledge in agricultural practices among local youth. This not only promotes involvement in agriculture as a viable career path but also encourages leadership, responsibility, and community engagement. The initiatives funded by Fair 2000 contribute to the overall growth and empowerment of young individuals, equipping them with valuable experiences that can shape their futures and benefit the community at large.
This information is meant to be a general summary of Fair 2000 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.
- Gross Receipts: $724,027
Assets and Liabilities:
- Total Assets: $2,856
- Total Liabilities: $10,943
- Net Assets: -$8,087
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Organization Details
Founding Year
2000
Phone
(940) 387-2632Main Address
2217 N CARROLL BLVD, DENTON, TX, 76201
NTEE Category
Code: B118 - Education
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