Connecticut Valley Fair Inc
Nonprofit profile at a glance
- EIN
- 237168840
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Location
- Bradford, VT, USA
- Phone
- 8022911798
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $45,264
- Expenses
- $47,732
- Assets
- $451,318
- Liabilities
- $180,473
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ZACHARY HUTCHINS (PRESIDENT)
- CAROLE TAYLOR (VICE PRESIDENT)
People named in this filing
- ZACHARY HUTCHINS (PRESIDENT)
- CAROLE TAYLOR (VICE PRESIDENT)
- JEN HUTCHINS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the organization is to promote the development of Vermont agriculture through competitive exhibits, providing facilities and offering opportunity for public participation in them. Provide for the participation of youth in such exhibits involving the educational values implicit in active participation in such promotion and exhibition. To coordinate the educational opportunity for students in vocational courses of all kinds offered in the high school level and including, but not limited to, vocational agriculture as exemplified in the work of future farmers of america. To work and plan cooperatively with school authorities in making the education training values for youth ever more significant. The annual agriculture fair has a primary emphasis on the 4-h club projects and activities with the youth dairy show and 4-h oxen show the mainstay educational program at the bradford fair. The fair also serves as an economic development event for the region.
What it reported doing in 2024
Bradford fair including competitive exhibits, educational programs and shows, vocational exhibits and training, classroom instructions in connection with agriculture industry.
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.5%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 9.46; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -26.2% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -8.2% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.