Overview
What is The Fireworks Foundation Inc?
The Fireworks Foundation Inc, a nonprofit organization, is committed to safeguarding the longevity of hobbyist fireworks and related clubs. Their primary mission involves promoting fireworks and fostering their continued existence indefinitely. They achieve this goal through diverse programs that engage the community and raise awareness about hobbyist fireworks.
Official website here: www.fireworksfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Fireworks Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a relatively strong performance in terms of accountability and finance. The rating is based entirely on a single beacon score, emphasizing the organization’s financial health and governance practices. The foundation shows a high level of accountability, with a perfect score for having an entirely independent board, indicating a strong commitment to governance.
However, there are notable areas for improvement, specifically regarding policy documentation. The foundation lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are critical for ensuring transparency and ethical operations. Despite these shortcomings in governance policies, the organization maintains a solid program expense ratio of 83.07%, indicating that a significant portion of its resources is directed towards its mission-related activities.
Overall, while The Fireworks Foundation Inc demonstrates strong financial management and governance through its independent board, it needs to enhance its policy framework to bolster its accountability practices further. Addressing these gaps could improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Fireworks Foundation Inc legitimate?
The Fireworks Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fireworks Foundation Inc 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: $0
For more financial information, click here
Official website here: www.fireworksfoundation.com
What is the mission statement of The Fireworks Foundation Inc?
The Fireworks Foundation Inc's mission is centered around ensuring the perpetuity of hobbyist fireworks and associated clubs. In essence, their goal is to preserve and sustain the presence of these activities for an indefinite period. They achieve this by promoting fireworks through various programs, aiming to keep the passion and enthusiasm for this hobby alive.
Official website here: www.fireworksfoundation.com
What is the revenue of The Fireworks Foundation Inc?
The Fireworks Foundation Inc's revenue in 2023 was $307,230.
Official website here: www.fireworksfoundation.com
Who are the executives of The Fireworks Foundation Inc and what are their salaries?
There 5 volunteers at The Fireworks Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fireworksfoundation.com
Where can I find the form 990 for The Fireworks Foundation Inc?
The Fireworks Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fireworksfoundation.com
Learn more at the official website: www.fireworksfoundation.com
Mission Statement of The Fireworks Foundation Inc
The Fireworks Foundation, in its mission, strives to ensure the enduring presence of hobbyist fireworks and associated clubs indefinitely. This nonprofit organization actively promotes the use of fireworks through various programs, working tirelessly to secure the continuation of these activities for enthusiasts.
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Impact
August, 2024
The Fireworks Foundation Inc ensures the existence of hobbyist fireworks and clubs perpetually, promoting fireworks through various programs. Their impact is seen in their commitment to preserving and supporting the hobbyist fireworks community, fostering education and engagement among enthusiasts. Through their efforts, they play a crucial role in preserving and promoting the art and enjoyment of fireworks for generations to come.
This information is meant to be a general summary of The Fireworks Foundation Inc. 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.
- Investment Income: $27,741
- Gross Receipts: $307,230
Assets and Liabilities:
- Total Assets: $718,474
- Total Liabilities: $0
- Net Assets: $718,474
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Organization Details
Founding Year
2002
Principal Officer
Michael S Swisher
Website
www.fireworksfoundation.comNTEE Category
Code: B99 - Education
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