L.I.F.E.'s main mission is to promote the areas of agriculture, horticulture, home economics, and the vocational/industrial trades. L.I.F.E. is governed by twenty-four member Board of Directors. Members of the board are professionals from all walks of life, not necessarily from the agriculture of ranching community.
Because the members of the clubs are willing to help out with improvements to the L.I.F.E. grounds, such as cleaning, painting and repair of buildings, and even building fences or pens for their animals projects. L.I.F.E. in turn provides these clubs with the use of the facilities for clinics, workshops, meetings, fund-raisers, and other activities.
The students not only benefit financially, but gain knowledge and skills in agricultural areas. L.I.F.E. also gives out ten $1,000.00 scholarships. One to a graduate in each of the high schools and one to each of the L.I.F.E. Queen and the runner-ups.
Even though the main function of the fair is to help students learn to raise animals, it also brings in entertainment, such as rodeos and shows for the community to enjoy. Presently, the fairgrounds are used by Crimestoppers for the Menudo Bowl, WBCA for the Carnival and Fireworks, Double J Pro-Rodeos, DB Promos for their Monster Truck Show and by other non-profit organizations that raise money to give back to our community.