Overview
What is Hansford County Stockshow Association?
The Hansford County Stockshow Association is a nonprofit organization situated in Spearman, Texas. Their primary mission is to organize a livestock show, offering a platform for local students to exhibit their agricultural projects and dedication. This event serves as an opportunity for students to earn funds for their future projects or educational needs, thereby fostering a sense of commitment and responsibility within the agricultural community. The association operates from a PO Box in Spearman, and their activities are centered around promoting and supporting young talents in agriculture.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star Rating.
The Hansford County Stockshow Association received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The organization's lack of independent board members and missing financial statements are notable weaknesses. Furthermore, essential governance policies such as conflict of interest and whistleblower policies are not in place, which raises questions about transparency and oversight.
Despite these issues, the association reports a 100% program expense ratio, suggesting that all funds are directed towards its programmatic activities. Additionally, there is no material diversion of assets, reflecting a commitment to integrity in financial reporting. However, the absence of a website listed on the tax form and failure to post tax documents online further highlight a lack of transparency.
Overall, while the Hansford County Stockshow Association is dedicated to its mission as indicated by its program expense ratio, the numerous shortcomings in governance and financial transparency significantly detract from its overall rating and may affect donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Hansford County Stockshow Association legitimate?
Hansford County Stockshow Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hansford County Stockshow 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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What is the mission statement of Hansford County Stockshow Association?
The Hansford County Stockshow Association's mission is centered around organizing a livestock show for local students. This event serves as a platform for these students to exhibit their livestock projects and demonstrate their dedication to agriculture. The funds raised from this show are directly allocated to the students, providing them with resources for future projects or educational pursuits. The association emphasizes the importance of instilling values such as commitment and responsibility in the agricultural field through these activities.
Who is the CEO of Hansford County Stockshow Association?
Bret Burgin is the President of Hansford County Stockshow Association.
What is the revenue of Hansford County Stockshow Association?
Hansford County Stockshow Association's revenue in 2022 was $790,983.
Who are the executives of Hansford County Stockshow Association and what are their salaries?
There 2 volunteers at Hansford County Stockshow Association.
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Where can I find the form 990 for Hansford County Stockshow Association?
Hansford County Stockshow Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hansford County Stockshow Association
The Hansford County Stockshow Association is committed to providing a livestock show as a platform for local students to showcase their projects and dedication to agriculture. This nonprofit organization's mission is twofold. Firstly, it serves as a venue for students to present their livestock projects, allowing them to display their hard work and commitment to the agricultural sector. Secondly, the funds raised from the show are directly channeled towards the students, providing them with financial support for future projects or education. The Hansford County Stockshow Association emphasizes the importance of instilling values such as commitment and responsibility in the students involved in agriculture. This mission is instrumental in nurturing the next generation of agricultural leaders.
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Impact
July, 2024
The Hansford County Stockshow Association plays a significant role in supporting local students by providing them with the opportunity to showcase their livestock projects and dedication to agriculture. By organizing a livestock show, the association helps students earn funding for their projects, which in turn supports their education and future endeavors in agriculture. This direct impact on students not only fosters their passion for agriculture but also instills values of commitment and responsibility in the field. Through its activities, the association contributes to youth development in Spearman, TX.
This information is meant to be a general summary of Hansford County Stockshow 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: $769,934
- Gross Receipts: $790,983
Assets and Liabilities:
- Total Assets: $62,505
- Total Liabilities: $0
- Net Assets: $62,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STOCK SHOW SALE PROCEE
Revenue
$766,598
EXHIBITOR ENTRY FEES
Revenue
$3,336
Organization Details
Founding Year
2020
Phone
(806) 270-0365Principal Officer
Bret Burgin
Main Address
PO BOX 581, SPEARMAN, TX, 79081
NTEE Category
Code: O52 - Youth development
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