Overview
What is Magic Valley Festival Of Giving Inc?
Magic Valley Festival of Giving Inc is a charitable organization situated in Twin Falls, Idaho. With a focus on community support, they organize a multi-day celebration aimed at raising funds for local non-profits, particularly during their period of highest demand. The organization's primary mission is to generate financial assistance for these organizations, contributing positively to the well-being of the Magic Valley region.
Official website here: www.magicvalleyfestivalofgiving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars
Magic Valley Festival Of Giving Inc has received a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial practices. The overall score is low at 26%, primarily due to deficiencies in several key areas, including the absence of essential policies such as conflict of interest and whistleblower protections, which are crucial for organizational integrity.
While the organization features a fully independent board, the limited board size of only two independent members raises questions about governance. Additionally, the charity shows no reported program expenses, which may suggest a lack of operational effectiveness in fulfilling its mission. The absence of a posted tax form on its website further detracts from transparency.
Overall, while the charity demonstrates positive aspects like a majority independent board and no material diversion of assets, the missing policies and poor financial ratios highlight significant areas needing improvement to build trust and ensure effective operations.
This AI summary has been generated from information found on Charity Navigator.
Is Magic Valley Festival Of Giving Inc legitimate?
Magic Valley Festival Of Giving Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magic Valley Festival Of Giving 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.magicvalleyfestivalofgiving.com
What is the mission statement of Magic Valley Festival Of Giving Inc?
The Magic Valley Festival of Giving Inc. is committed to raising funds for local non-profit organizations during their period of greatest need. This is achieved through a celebratory multi-day event. The primary goal is to provide support to various charities in the community. The festival aims to strengthen these organizations, enabling them to continue their vital work in addressing the needs of the local population. By raising funds during their critical periods, the festival seeks to ensure the sustainability and effectiveness of these non-profits, ultimately benefiting the community as a whole.
Official website here: www.magicvalleyfestivalofgiving.com
Who is the CEO of Magic Valley Festival Of Giving Inc?
S Mark Hansen is the Director of Magic Valley Festival Of Giving Inc.
Official website here: www.magicvalleyfestivalofgiving.com
What is the revenue of Magic Valley Festival Of Giving Inc?
Magic Valley Festival Of Giving Inc's revenue in 2022 was $5.
Official website here: www.magicvalleyfestivalofgiving.com
Who are the executives of Magic Valley Festival Of Giving Inc and what are their salaries?
There 2 volunteers at Magic Valley Festival Of Giving Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magicvalleyfestivalofgiving.com
Where can I find the form 990 for Magic Valley Festival Of Giving Inc?
Magic Valley Festival Of Giving Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magicvalleyfestivalofgiving.com
Learn more at the official website: www.magicvalleyfestivalofgiving.com
Mission Statement of Magic Valley Festival Of Giving Inc
Magic Valley Festival Of Giving Inc is an organization with a mission to support local charities and non-profit organizations during their period of greatest need. This non-profit organization aims to raise funds for these organizations through a celebratory multi-day event. The ultimate goal is to provide essential financial aid during their critical times, enabling these organizations to continue their vital work within their respective communities. By participating in this event, Magic Valley Festival Of Giving Inc contributes to the sustainability and growth of these local non-profits, thereby strengthening the fabric of the community as a whole.
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Impact
October, 2024
Magic Valley Festival Of Giving Inc has a significant impact on local charities and nonprofit organizations in the Magic Valley region. By organizing a celebratory multi-day event in Twin Falls, it raises crucial funds during the peak season when these organizations need support the most. This initiative not only provides financial assistance but also fosters community spirit and awareness about the essential work being done by local nonprofits. Through its efforts, the Festival creates a platform for collaboration and engagement, strengthening the social fabric of the area and enhancing the capacity of local charities to serve those in need.
This information is meant to be a general summary of Magic Valley Festival Of Giving 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 2022.
- Gross Receipts: $5
Assets and Liabilities:
- Total Assets: $12,438
- Total Liabilities: $0
- Net Assets: $12,438
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Organization Details
Founding Year
2012
Phone
(208) 490-3155Principal Officer
S Mark Hansen
Main Address
PO BOX 5903, TWIN FALLS, ID, 833035903
NTEE Category
Code: T99 - Philanthropy
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