Overview
What is The Festivals Of Sharonville?
The Festivals of Sharonville is an annual event, primarily organized to foster a sense of community pride within Sharonville, Ohio. This nonprofit initiative serves as a platform for various local charities to raise funds and increase awareness about their activities. The primary goal of this annual festival is to strengthen the commitment to the city, contributing positively to its community spirit.
Official website here: www.sharonfest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Festivals of Sharonville has received a Three-Star rating from Charity Navigator, indicating a generally positive assessment of its accountability and financial health. The overall score is derived from a single beacon score focused exclusively on financial metrics, which highlights the nonprofit's commitment to maintaining a stable and transparent financial structure.
Strengths of the organization include a fully independent board and high program expense ratio, with 98.68% of expenses directed towards programs. Additionally, the organization has demonstrated no material diversion of assets, maintaining a strong liabilities to assets ratio of 0.00%. These factors contribute to a solid score in accountability and financial management, showcasing the nonprofit's efforts to utilize its resources effectively.
However, there are notable limitations. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy are significant gaps that could affect the organization's governance practices. While the organization performs well in financial accountability, addressing these policy deficiencies would strengthen its overall standing and enhance trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Festivals Of Sharonville legitimate?
The Festivals Of Sharonville is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Festivals Of Sharonville 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.sharonfest.com
What is the mission statement of The Festivals Of Sharonville?
The mission of The Festivals Of Sharonville, as stated, is centered around fostering a sense of community pride and commitment. They achieve this by organizing annual events, such as Sharonfest, which serve as platforms for local non-profit organizations to raise funds and increase awareness for their causes. This initiative aims to strengthen the community bond and support various community initiatives.
Official website here: www.sharonfest.com
Who is the CEO of The Festivals Of Sharonville?
Michael Blomer is the President of The Festivals Of Sharonville.
Official website here: www.sharonfest.com
What is the revenue of The Festivals Of Sharonville?
The Festivals Of Sharonville's revenue in 2022 was $36,410.
Official website here: www.sharonfest.com
Who are the executives of The Festivals Of Sharonville and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.sharonfest.com
Where can I find the form 990 for The Festivals Of Sharonville?
The Festivals Of Sharonville's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharonfest.com
Learn more at the official website: www.sharonfest.com
Mission Statement of The Festivals Of Sharonville
The Festivals of Sharonville, as a nonprofit organization, is dedicated to fostering a sense of pride and commitment within the community of Sharonville, Ohio. Their primary mission is to achieve this objective by organizing annual events, specifically the Sharonfest. This festival serves a dual purpose: promoting community pride and providing a platform for local non-profits to raise funds and generate awareness for their initiatives. By participating in the Sharonfest, these organizations can further their causes and contribute to the betterment of their community. In essence, The Festivals of Sharonville plays a significant role in fostering a sense of unity and support within the community, promoting the growth and development of various local non-profit organizations.
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Impact
August, 2024
The Festivals of Sharonville has a significant impact on the local community by fostering a sense of pride and commitment to the city of Sharonville, Ohio. Through events such as the annual Sharonfest, the organization provides opportunities for local nonprofits to raise funds and awareness for their causes. By bringing residents together and supporting community improvement initiatives, The Festivals of Sharonville plays a crucial role in strengthening the social fabric of the city and promoting a sense of unity among its residents.
This information is meant to be a general summary of The Festivals Of Sharonville. 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.
- Program Service Revenue: $36,410
- Gross Receipts: $36,410
Assets and Liabilities:
- Total Assets: $80,763
- Total Liabilities: $0
- Net Assets: $80,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Festival revenue
Revenue
$36,410
Organization Details
Founding Year
2012
Phone
(513) 563-2895Principal Officer
Michael Blomer
Main Address
10900 Reading Road, Cincinnati, OH, 45241
Website
www.sharonfest.comNTEE Category
Code: S12 - Community improvement
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