Overview
What is Nea Fair Association?
The Nea Fair Association is a nonprofit organization based in Northeast Arkansas. Their primary mission involves organizing and managing a county fair, which serves as a platform for various agricultural-related activities. These activities include livestock judging, showcasing farm produce, and assessing crop quality. The fair not only fosters an appreciation for farm living but also promotes goodwill among the community. Attendees can enjoy a variety of entertaining activities, such as rides, booths, and other forms of amusement. The Northeast Arkansas District Fair, overseen by the Nea Fair Association, aims to provide a fun and educational experience while celebrating rural traditions and values.
Official website here: www.neadistrictfair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Nea Fair Association has received a commendable rating of 83% from Charity Navigator, which reflects strong performance in accountability and finance. The organization scores particularly well on several key metrics, including a perfect score for having an independent board, with all members being independent. Additionally, the association demonstrates a solid commitment to financial health, as evidenced by a low liabilities-to-assets ratio of 0.66%.
While the organization performs well in most areas, it currently lacks a whistleblower policy and a document retention and destruction policy, which are noted as limitations. However, it does have a conflict of interest policy in place and maintains transparency by posting board meeting minutes and financial documents on its website. The high program expense ratio of 98.62% indicates that the majority of its resources are directed toward its programs, which is a positive sign for stakeholders.
Overall, the Nea Fair Association presents a strong case for its accountability and financial practices, making it a trustworthy organization for potential donors and supporters. The areas for improvement should be addressed to enhance governance and oversight further.
This AI summary has been generated from information found on Charity Navigator.
Is Nea Fair Association legitimate?
Nea Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nea 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,130
For more financial information, click here
Official website here: www.neadistrictfair.com
What is the mission statement of Nea Fair Association?
The Nea Fair Association's mission revolves around operating a county fair, with the primary objective of promoting farm living and fostering goodwill. The association accomplishes this by organizing events such as livestock judging, food presentation, and crop judging. Furthermore, the fair provides amusement for attendees through rides, booths, and various entertaining activities, thus serving as a gathering place for the community.
Official website here: www.neadistrictfair.com
Who is the CEO of Nea Fair Association?
Michael Cureton is the President of Nea Fair Association.
Official website here: www.neadistrictfair.com
What is the revenue of Nea Fair Association?
Nea Fair Association's revenue in 2022 was $478,180.
Official website here: www.neadistrictfair.com
Who are the executives of Nea Fair Association and what are their salaries?
The average compensation at Nea Fair Association during 2022 was $1,813. There are 26 employees at Nea Fair Association.
Here are 7 key members and their salaries:
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Official website here: www.neadistrictfair.com
Where can I find the form 990 for Nea Fair Association?
Nea Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neadistrictfair.com
Learn more at the official website: www.neadistrictfair.com
Mission Statement of Nea Fair Association
The Nea Fair Association, in its mission, operates a county fair that serves as a platform for celebrating farm living and fostering goodwill. This annual event hosts various activities, such as livestock judging, food presentation, and crop judging, which aim to promote and celebrate the agricultural lifestyle. In addition to these educational aspects, the fair also offers a variety of entertaining activities, including rides, booths, and other amusements, ensuring that attendees have an enjoyable experience. By providing these diverse activities, the Nea Fair Association strives to bring the community together, fostering unity and appreciation for rural living.
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Impact
July, 2024
Nea Fair Association's impact lies in promoting farm living and goodwill through the operation of a county fair in Jonesboro, Arkansas. By hosting activities such as livestock judging, food presentation, and crop judging, they provide a platform for agricultural education and community engagement. The fair also offers attendees rides, booths, and other entertaining activities, creating a positive and fun-filled environment for all participants.
This information is meant to be a general summary of Nea 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.
- Program Service Revenue: $478,180
- Gross Receipts: $478,180
Assets and Liabilities:
- Total Assets: $339,238
- Total Liabilities: $2,260
- Net Assets: $336,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATE RECEIPTS
Revenue
$241,640
CARNIVAL
Revenue
$204,984
BOOTH SPACE
Revenue
$24,785
LIVESTOCK
Revenue
$6,771
Organization Details
Founding Year
2016
Phone
(870) 935-4331Principal Officer
Michael Cureton
Main Address
2731 E HIGHLAND DR, JONESBORO, AR, 72401
Website
www.neadistrictfair.comNTEE Category
Code: N52 - Recreation
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