Overview
What is Verde Valley Fair Association?
The Verde Valley Fair Association, situated in Cottonwood, Arizona, is a nonprofit organization dedicated to promoting youth development. They achieve this by organizing annual fairs, livestock auctions, and engaging in various youth activities. Their mission extends beyond these events, as they also manage fairgrounds facilities year-round to serve the community and offer multipurpose spaces for both private and public events. This nonprofit is committed to providing educational and entertaining experiences, thereby contributing positively to the local community. The organization employs a workforce of 32 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
The Verde Valley Fair Association has received a 65% rating from Charity Navigator, indicating a moderate level of accountability and financial health. Their strengths lie in having a fully independent board and a high program expense ratio of 92.74%, which suggests that the majority of their resources are directed towards their programs rather than administrative costs.
However, the organization has notable limitations, particularly in governance practices, as they have not provided essential financial statements and lack several key policies, including conflict of interest and whistleblower policies. Additionally, their website is missing from their tax form, which detracts from transparency. Overall, while the association demonstrates financial responsibility, its governance weaknesses could impact stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Verde Valley Fair Association legitimate?
Verde Valley Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verde Valley 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: $175,934
For more financial information, click here
What is the mission statement of Verde Valley Fair Association?
The Verde Valley Fair Association's mission is centered around promoting youth development. They achieve this by organizing educational and entertaining events year-round, utilizing their fairgrounds facilities. These events serve the community and provide opportunities for private and public events. Furthermore, the association offers multifunctional facilities that contribute to the betterment of the community at large. The association is most known for its annual fair and livestock auction, as well as various youth activities.
Who is the CEO of Verde Valley Fair Association?
Sonny Zale is the President of Verde Valley Fair Association.
What is the revenue of Verde Valley Fair Association?
Verde Valley Fair Association's revenue in 2023 was $1,713,976.
Who are the executives of Verde Valley Fair Association and what are their salaries?
The average compensation at Verde Valley Fair Association during 2023 was $5,498. There are 32 employees and 110 volunteers at Verde Valley Fair Association.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Verde Valley Fair Association?
Verde Valley Fair Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Verde Valley Fair Association
The Verde Valley Fair Association, a renowned organization, is dedicated to fostering youth development. They achieve this by organizing a variety of educational and entertaining events throughout the year, making use of their fairgrounds facilities. Their mission is to serve the community and offer multipurpose facilities for both private and public events. This nonprofit organization strives to provide a platform for various events, contributing to the overall development of the youth and the community at large. Beyond their annual fair and livestock auction, the Verde Valley Fair Association also supports youth activities, demonstrating their commitment to nurturing the younger generation.
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Impact
July, 2024
Verde Valley Fair Association's impact lies in promoting youth development through educational and entertaining events, such as the annual fair and livestock auction, as well as various youth activities. By offering multifaceted facilities year-round for the betterment of the community, the association enriches the lives of young individuals and fosters a sense of community engagement. Through its mission of providing opportunities for growth and learning, Verde Valley Fair Association plays a vital role in shaping the future of its community's youth.
This information is meant to be a general summary of Verde Valley 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 2023.
- Program Service Revenue: $1,189,920
- Gross Receipts: $1,741,264
Assets and Liabilities:
- Total Assets: $1,480,262
- Total Liabilities: $352
- Net Assets: $1,479,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARNIVAL AND LIVESTOCK
Revenue
$1,189,920
Organization Details
Founding Year
1948
Phone
(928) 634-3290Principal Officer
Sonny Zale
Main Address
P O BOX 1974, COTTONWOOD, AZ, 86326
NTEE Category
Code: N52 - Recreation
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