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Atlanta Dragon Boat Festival Inc

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

EIN: 461839295 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Atlanta Dragon Boat Festival Inc?

Atlanta Dragon Boat Festival Inc is a nonprofit organization, committed to celebrating and promoting Asian-American culture. Their primary activity involves organizing a traditional Hong Kong Boat Festival, a event that typically showcases Asian heritage. Unfortunately, due to the Covid-19 pandemic, the festival was postponed in 2021. Though the specifics of their mission beyond the boat festival are not provided in the information, it's clear that their work revolves around celebrating and preserving Asian-American culture.

Is Atlanta Dragon Boat Festival Inc legitimate?

Atlanta Dragon Boat Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanta Dragon Boat Festival Inc submitted a form 990EZ, 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.

What is the mission statement of Atlanta Dragon Boat Festival Inc?

The Atlanta Dragon Boat Festival Inc's mission is centered around promoting Asian-American culture. They achieve this by organizing the traditional Hong Kong Boat Festival, which was postponed due to the Covid-19 pandemic in 2021. This event serves as a platform to showcase and preserve Asian cultural heritage, fostering understanding and appreciation among the broader community.

Who is the CEO of Atlanta Dragon Boat Festival Inc?

Eugene Hanratty is the Cfo of Atlanta Dragon Boat Festival Inc. The CEO's salary of Atlanta Dragon Boat Festival Inc is $11,460 and their total compensation is $11,460.

What is the revenue of Atlanta Dragon Boat Festival Inc?

Atlanta Dragon Boat Festival Inc's revenue in 2022 was $83,271.

Who are the executives of Atlanta Dragon Boat Festival Inc and what are their salaries?


Here are 2 key members and their salaries (Atlanta Dragon Boat Festival Inc's CEO's salary is $11,460 and their total compensation is $11,460):


Eugene Hanratty (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Barth (Ceo Sec)
  • Compensation: $11,460
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Atlanta Dragon Boat Festival Inc?

Atlanta Dragon Boat Festival Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Atlanta Dragon Boat Festival Inc

Atlanta Dragon Boat Festival Inc is dedicated to fostering an appreciation for Asian-American culture by organizing a traditional Hong Kong Boat Festival. Due to the Covid-19 pandemic, the event had to be postponed in 2021. The primary objective of this nonprofit is to showcase the rich heritage and traditions of Asian-American communities through this unique festival. The festival typically features dragon boat racing, a popular water sport with deep cultural roots in Asia. By promoting this event, Atlanta Dragon Boat Festival Inc seeks to bridge cultural gaps and foster understanding and respect among diverse communities.

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Impact




October, 2024

Atlanta Dragon Boat Festival Inc significantly impacts the community by promoting Asian-American culture through the traditional Hong Kong Boat Festival. This vibrant event fosters cultural awareness and appreciation, bringing together diverse groups to celebrate heritage and community spirit. By showcasing dragon boat racing, an integral part of the cultural fabric, the festival encourages both participation and spectatorship, thereby strengthening community ties and invigorating local pride.

Moreover, the festival enhances recreational opportunities in Atlanta, offering a platform for individuals and families to engage in a unique sporting event while enjoying Asian-American traditions. The postponement of the festival in 2021 due to the Covid pandemic underscored its importance as a gathering point for cultural celebration and community cohesion, illustrating the longing for connection and shared experiences during challenging times. Overall, Atlanta Dragon Boat Festival Inc plays a crucial role in enriching the cultural landscape of Atlanta, promoting inclusion, and fostering community resilience.




This information is meant to be a general summary of Atlanta Dragon Boat Festival 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
$83,271 (2022)
Expenses
$101,234 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $84,026

Assets and Liabilities:

  • Total Assets: $27,491
  • Total Liabilities: $0
  • Net Assets: $27,491

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Organization Details

Principal Officer

Eugene Hanratty

Main Address

2854 Wesley Heath, ATLANTA, GA, 30327

NTEE Category

Code: N99 - Recreation

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