Overview
What is Calhoun County Fair Inc?
Calhoun County Fair Inc is a nonprofit organization that primarily aims to inspire and engage young individuals in swine farming. By hosting events, they provide a platform for youth involvement. The organization generates profits from these events, which are then donated to other 501(c)(3) organizations that share a focus on farming and supporting youth activities. Additionally, any excess funds beyond expenses are allocated to similar 501(c)(3) organizations for their farming and youth-related endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
Calhoun County Fair Inc has received a low rating of 33%, primarily due to failing to meet several key accountability and financial transparency benchmarks. This score reflects concerns over the organization's operational practices, with no points awarded for missing policies regarding conflict of interest, whistleblower protections, and document retention, which are crucial for governance and transparency.
On a positive note, the organization boasts a fully independent board, with all ten members meeting this criterion, and has demonstrated no material diversion of assets. Additionally, board meeting minutes are documented properly, indicating some level of operational oversight. However, the lack of a website and failure to post important documents like the tax form further detracts from its financial accountability.
The overall financial health of the nonprofit is also a concern, as indicated by its liabilities to assets ratio and program expense ratio, both of which received no points. This raises questions about the sustainability and effectiveness of its programs. To improve its rating, Calhoun County Fair Inc would need to enhance its financial practices and transparency measures significantly.
This AI summary has been generated from information found on Charity Navigator.
Is Calhoun County Fair Inc legitimate?
Calhoun County Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calhoun County Fair 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
For more financial information, click here
What is the mission statement of Calhoun County Fair Inc?
The Calhoun County Fair Inc serves as a platform to motivate youth involvement in swine farming. Beyond its primary function, the organization utilizes any excess funds obtained after covering expenses to support other 501C3 organizations. These organizations predominantly focus on promoting farming and providing aid to youth activities. This philanthropic approach aims to foster a broader impact within the farming community and empower the youth.
Who is the CEO of Calhoun County Fair Inc?
Gerald D Trantham is the President of Calhoun County Fair Inc.
What is the revenue of Calhoun County Fair Inc?
Calhoun County Fair Inc's revenue in 2022 was $139,479.
Who are the executives of Calhoun County Fair Inc and what are their salaries?
There 10 volunteers at Calhoun County Fair Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Calhoun County Fair Inc?
Calhoun County Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Calhoun County Fair Inc
Calhoun County Fair Inc is an organization with a mission to encourage youth participation in swine farming. Beyond this, the nonprofit holds events to promote self-esteem, such as beauty pageants. Notably, any excess funds gained from these activities after covering expenses are channeled towards supporting other 501C3 organizations that advocate for farming and contribute to youth activities. In essence, Calhoun County Fair Inc plays a role in fostering interest in farming among young people and aiding other charitable organizations that share similar objectives.
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Impact
October, 2024
Calhoun County Fair Inc significantly impacts the local community by fostering youth engagement in agriculture, specifically swine farming. Through its organized activities, the organization cultivates essential skills and knowledge among young participants, enhancing their understanding of farming practices and instilling a sense of responsibility.
In addition to agricultural pursuits, Calhoun County Fair Inc hosts beauty pageants aimed at developing self-esteem and confidence in youth. This multifaceted approach supports personal growth while promoting community involvement.
Moreover, the organization allocates excess funds, after operational expenses, to support other initiatives and organizations that advocate for farming and youth activities. By contributing to these 501(c)(3) organizations, Calhoun County Fair Inc amplifies its positive influence, extending resources to a broader range of youth programs, thereby reinforcing the importance of agriculture and community service. Through these efforts, it plays a vital role in shaping a responsible and engaged generation, while also nurturing the agricultural heritage of the region.
This information is meant to be a general summary of Calhoun County Fair 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.
- Program Service Revenue: $22,377
- Gross Receipts: $139,479
Assets and Liabilities:
- Total Assets: $136,637
- Total Liabilities: $66,764
- Net Assets: $69,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOG SHOW INCOME
Revenue
$22,377
Organization Details
Founding Year
2015
Principal Officer
Gerald D Trantham
Main Address
1460 STATE FARM RD, ALEXANDRIA, AL, 36250
NTEE Category
Code: O52 - Youth development
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