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Rooster Walk Inc

Rooster Walk

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 455130096 ✦ Martinsville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Rooster Walk Inc?

Rooster Walk Inc, based in Martinsville, Virginia, is a dedicated nonprofit organization that aims to promote music, arts, and education in the local community. They achieve this goal by organizing and assembling music festivals, offering entertainment, arts, and crafts, as well as educational activities in various venues. The primary objective is to raise funds for scholarships and support an instrument repair program for high school students in the area. Additionally, a portion of the event proceeds is allocated to a musical instrument fund, while also contributing to various other local and regional charitable organizations. Rooster Walk Inc operates under the name 'Rooster Walk' and employs a team of three individuals.


Official website here: www.roosterwalk.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating. This score indicates that Rooster Walk Inc has room for improvement, particularly in the areas of governance and financial transparency. The charity's accountability and finance score of 65 suggests that while there are some strengths, significant concerns exist that potential donors should consider.

The organization's independent board size is adequate, scoring 7 out of 7, and it has a good record regarding material diversion of assets and liabilities to assets ratio, with perfect scores in those areas. However, critical weaknesses are evident, such as the lack of independent board members and missing financial statements, which heavily impact its overall rating. Additionally, the absence of a whistleblower policy and poor performance in document retention further highlight governance issues.

While Rooster Walk Inc demonstrates commitment in certain financial practices, the shortcomings in transparency and accountability raise flags for potential supporters. Donors may want to seek more information regarding the organization's financial health and governance policies before contributing.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Rooster Walk Inc?

96% of 563 reviewers on Facebook recommend Rooster Walk Inc. Here's a summary of their reviews:

Overall, the experience at Pop's Farm is highly praised, with attendees appreciating the friendly atmosphere, diverse activities, and quality of music. Families find the environment welcoming, noting the abundance of entertainment options, including a family-friendly silent disco. The praise for the clean and well-maintained camping facilities, including well-lit areas and adequate restroom amenities, contributes to positive impressions of the festival.

Many reviewers highlight the outstanding staff and volunteers, emphasizing their warmth and dedication. The sense of community is reinforced as visitors often describe the festival as a place where they quickly feel a part of the family. The combination of inviting staff, delightful music experiences, and an array of engaging activities makes Rooster Walk Inc a favorite among attendees.


This AI summary has been generated from reviews found on Facebook.

Is Rooster Walk Inc legitimate?

Rooster Walk Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rooster Walk 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: $51,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,125

For more financial information, click here


Official website here: www.roosterwalk.com

What is the mission statement of Rooster Walk Inc?

Rooster Walk Inc, a non-profit organization, is committed to promoting music, arts, and education in various capacities. They achieve this goal by organizing music concerts and arts festivals. A portion of the proceeds from these events is contributed to a musical instrument fund. The organization assembles these events to provide entertainment, arts, and crafts, as well as educational activities across multiple venues. Rooster Walk Inc also supports local high school students by providing an instrument repair program and contributes to various charitable organizations in the region. Additionally, they offer safe on-site entertainment for music and arts enthusiasts.


Official website here: www.roosterwalk.com

Who is the CEO of Rooster Walk Inc?

Frank Lacy is the President of Rooster Walk Inc.


Official website here: www.roosterwalk.com

What is the revenue of Rooster Walk Inc?

Rooster Walk Inc's revenue in 2022 was $1,458,728.


Official website here: www.roosterwalk.com

Who are the executives of Rooster Walk Inc and what are their salaries?

The average compensation at Rooster Walk Inc during 2022 was $25,042. There are 3 employees at Rooster Walk Inc.


Here are 10 key members and their salaries:


Daniel Baptist Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Lacy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Phillips (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Pinkston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John E Buck Iii (Executive Director And Treasurer)
  • Compensation: $58,500
  • Related: $0
  • Other: $0
Don Lampe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Wenkstern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Huckfeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.roosterwalk.com

Where can I find the form 990 for Rooster Walk Inc?

Rooster Walk Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.roosterwalk.com

Learn more at the official website: www.roosterwalk.com

Mission Statement of Rooster Walk Inc

Rooster Walk Inc, a non-profit organization, is dedicated to promoting music, arts, and education in its community. Its mission is to organize and assemble music festivals that offer entertainment, arts, and crafts, along with educational activities, in various venues. The primary goal is to raise funds for scholarships and provide an instrument repair program for local high school students. Furthermore, a portion of the proceeds from these music events is allocated to support various charitable organizations in the region. By offering safe on-site entertainment for music and arts enthusiasts, Rooster Walk Inc contributes significantly to the cultural enrichment and educational development of its community.

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Impact




July, 2024

Rooster Walk Inc's impact can be seen in the way it promotes music, arts, and education in Martinsville and Henry County through music concerts and festivals. By organizing and assembling these events, Rooster Walk Inc not only provides entertainment, arts, and crafts activities but also raises funds for scholarships and runs an instrument repair program for local high school students. Additionally, the organization supports various other local and regional charitable organizations. Rooster Walk Inc ensures safe on-site entertainment for music and arts fans while contributing to the cultural and educational enrichment of the community.




This information is meant to be a general summary of Rooster Walk 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.

Revenue
$1,458,728 (2022)
Expenses
$1,382,469 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,654
  • Program Service Revenue: $1,008,553
  • Gross Receipts: $1,458,728

Assets and Liabilities:

  • Total Assets: $1,087,586
  • Total Liabilities: $2,442
  • Net Assets: $1,085,144

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES AND FEES FOR MUSIC PROGRAMS

Revenue

$737,289

VENUE PRODUCT SALES

Revenue

$201,120

STAGE AND VENUE RENTAL

Revenue

$63,163

OTHER MISC INCOME LESS DISCOUNTS

Revenue

$6,981

Organization Details

Founding Year

2012

Principal Officer

Frank Lacy

Main Address

P O BOX 601, Martinsville, VA, 24112

NTEE Category

Code: B82 - Education

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