Overview
What is East Montgomery County Fair Association?
The East Montgomery County Fair Association is a nonprofit organization committed to fostering education within the livestock industry. Their primary focus is on encouraging and enhancing the breeding, raising, and marketing of improved livestock and farm products. They accomplish this through public fairs, where they showcase these products, thereby stimulating growth and development. Additionally, the association supports research and educational functions within this sector to further advance the livestock industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Overall score: 33%
The East Montgomery County Fair Association has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial health and management practices. The organization's overall score is only 33%, with notable strengths in board independence and governance practices, such as having a majority independent board and documenting board meeting minutes.
However, the nonprofit faces serious limitations, particularly in its financial ratios. The program expense ratio stands at just 41.65%, which may suggest insufficient investment in its mission-related activities. Moreover, the organization lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are essential for transparency and accountability.
The liabilities to assets ratio is reported at 0.00%, which implies no liabilities, yet the overall picture is marred by missing tax documentation on its website and other policy deficiencies. These gaps raise flags about the organization's operational effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is East Montgomery County Fair Association legitimate?
East Montgomery County Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Montgomery County Fair Association 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of East Montgomery County Fair Association?
The East Montgomery County Fair Association's mission is focused on education. It actively promotes the improvement of livestock and farm products by organizing public fairs where these are showcased. The association additionally encourages research and educational activities within the livestock industry. Its primary objectives include fostering the breeding and raising of better livestock, as well as enhancing their marketing through these exhibitions.
Who is the CEO of East Montgomery County Fair Association?
Luther Sherrouse is the President of East Montgomery County Fair Association.
What is the revenue of East Montgomery County Fair Association?
East Montgomery County Fair Association's revenue in 2022 was $485,219.
Who are the executives of East Montgomery County Fair Association and what are their salaries?
There 144 volunteers at East Montgomery County Fair Association.
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Where can I find the form 990 for East Montgomery County Fair Association?
East Montgomery County Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Montgomery County Fair Association
The East Montgomery County Fair Association, as a nonprofit organization, is dedicated to fostering education in the realm of livestock and agriculture. Its primary mission is to inspire and motivate the improvement of livestock breeding and farming practices. This is achieved through the public display of these improved livestock and farm products at various fairs. Furthermore, the association is committed to promoting research and educational functions within the livestock industry, aiming to contribute to the overall betterment and advancement of this sector.
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Impact
July, 2024
The East Montgomery County Fair Association plays a significant role in promoting education and innovation within the livestock industry. By encouraging the breeding, raising, and marketing of superior livestock and farm products through public fairs, the association not only showcases excellence but also drives progress in the field. Additionally, their emphasis on research and educational initiatives further enriches the industry by fostering knowledge and understanding among participants and the wider community. Through their activities, the association actively contributes to the advancement and sustainability of the livestock sector.
This information is meant to be a general summary of East Montgomery County Fair Association. 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: $5
- Gross Receipts: $1,775,533
Assets and Liabilities:
- Total Assets: $1,378,689
- Total Liabilities: $0
- Net Assets: $1,378,689
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Organization Details
Founding Year
1991
Phone
(281) 354-5998Principal Officer
Luther Sherrouse
Main Address
P O BOX 704, PORTER, TX, 77365
NTEE Category
Code: N52Z - Recreation
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