Overview
What is Kentucky State Bbq Festival Foundation Inc?
Kentucky State Bbq Festival Foundation Inc is a nonprofit organization situated in Danville, Kentucky, specifically at 460 S 4th Street. Their primary objective is to educate the public about the rich history and culture of barbecue. In addition to this, they aim to raise funds for the Heart of Kentucky United Way and various other local 501(C)(3) charitable organizations. Their mission is multifaceted, encompassing both educational activities and fundraising efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 20%
The Kentucky State BBQ Festival Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization has a very low score of 20%, reflecting serious issues in governance, namely the lack of independent board members and missing key policies that are critical for transparency and accountability.
Strengths noted include the absence of material diversion of assets, which earned the organization full points in that category. Additionally, the foundation has documented board meeting minutes, which provides some transparency into its operations. However, the organization faces major limitations, including missing essential policies regarding whistleblower protections and document retention, which can further undermine trust in its governance practices.
Furthermore, the financial health of the foundation raises red flags, with a low program expense ratio of only 17.91%, suggesting that a minimal portion of its budget is allocated to its charitable programs. This, combined with the absence of a detailed financial disclosure on its website, leads to concerns about the effective use of funds within the organization. Overall, significant improvements are necessary for the Kentucky State BBQ Festival Foundation Inc to build credibility and enhance its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky State Bbq Festival Foundation Inc legitimate?
Kentucky State Bbq Festival Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky State Bbq Festival 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
What is the mission statement of Kentucky State Bbq Festival Foundation Inc?
The Kentucky State BBQ Festival Foundation's mission is centered around educating the public about the rich history and cultural significance of barbecue. This organization also aims to contribute to charitable causes by raising funds for the Heart of Kentucky United Way and various other local 501(c)(3) organizations. The primary objectives of the foundation are to promote awareness about barbecue and to provide financial support to deserving non-profit organizations.
Who is the CEO of Kentucky State Bbq Festival Foundation Inc?
Cynthia A Simmons is the President of Kentucky State Bbq Festival Foundation Inc.
What is the revenue of Kentucky State Bbq Festival Foundation Inc?
Kentucky State Bbq Festival Foundation Inc's revenue in 2022 was $5,005.
Who are the executives of Kentucky State Bbq Festival Foundation Inc and what are their salaries?
There 5 volunteers at Kentucky State Bbq Festival Foundation Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kentucky State Bbq Festival Foundation Inc?
Kentucky State Bbq Festival Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kentucky State Bbq Festival Foundation Inc
The Kentucky State BBQ Festival Foundation is dedicated to enlightening the public about the rich history and cultural significance of barbeque. Beyond this educational mission, the organization also aims to contribute financially to worthy causes. Specifically, it raises funds for the Heart of Kentucky United Way and various other local 501(c)(3) charitable organizations. By pursuing these objectives, the Kentucky State BBQ Festival Foundation seeks to make a positive impact in its community.
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Impact
August, 2024
The Kentucky State BBQ Festival Foundation Inc's impact is centered around educating the public on the history and culture of barbecue while also raising funds for the Heart of Kentucky United Way and other local 501(c)(3) charitable organizations in Danville, KY. Through its activities and events, the foundation contributes to preserving and promoting the tradition of barbecue while supporting important causes within the community.
This information is meant to be a general summary of Kentucky State Bbq Festival 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 2022.
- Investment Income: $5
- Program Service Revenue: $5,000
- Gross Receipts: $5,005
Assets and Liabilities:
- Total Assets: $4,254
- Total Liabilities: $0
- Net Assets: $4,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$5,000
Organization Details
Founding Year
2014
Phone
(859) 332-2000Principal Officer
Cynthia A Simmons
Main Address
460 S 4TH STREET, DANVILLE, KY, 40422
NTEE Category
Code: A99 - Arts
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