Overview
What is Smithfield Va Events?
Smithfield VA Events is a nonprofit organization that generates funds for charitable causes by organizing local festivals. Their primary activities include hosting events such as the Smithfield Bourbon & Bacon Fest and the Smithfield Wine & Brew Fest. By participating in these festivals, the community contributes to various charitable initiatives, thereby making a significant impact in their local area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 67%
Smithfield Va Events received a two-star rating from Charity Navigator, indicating that while there are certain strengths, there are significant areas that need improvement. The organization boasts an impressive accountability score due to its fully independent board and a strong ratio of program expenses. This suggests that the majority of funds are directed toward its programs rather than administrative costs.
However, the nonprofit faces critical shortcomings in financial transparency, as evidenced by the lack of financial statements and missing policies such as conflict of interest and whistleblower protections. These gaps in governance and accountability may raise concerns for potential donors and stakeholders regarding the organization's operational integrity.
Despite these issues, the organization does have a solid track record of managing its liabilities, showing no outstanding debts relative to its assets. Overall, while there are commendable aspects of Smithfield Va Events, significant improvements in transparency and policy development are necessary for a better evaluation in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Smithfield Va Events legitimate?
Smithfield Va Events is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smithfield Va Events 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Smithfield Va Events?
Smithfield Va Events, an organization, focuses on raising funds for charities through the organization of local festivals. They run events such as the Smithfield Bourbon & Bacon Fest and the Smithfield Wine & Brew Fest, which serve as platforms to accomplish their mission. By hosting these events, they contribute to various charitable causes, providing financial support to various organizations in need. The festivals not only generate funds but also bring the community together, fostering a sense of unity and camaraderie.
Who is the CEO of Smithfield Va Events?
Randy Pack is the Principal Officer of Smithfield Va Events.
What is the revenue of Smithfield Va Events?
Smithfield Va Events's revenue in 2023 was $683,301.
Who are the executives of Smithfield Va Events and what are their salaries?
There 100 volunteers at Smithfield Va Events.
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Where can I find the form 990 for Smithfield Va Events?
Smithfield Va Events's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Smithfield Va Events
Smithfield VA Events, a nonprofit organization, is dedicated to raising funds for charities through the organization of local festivals. With a mission to make a significant impact in the community, Smithfield VA Events hosts events such as the Smithfield Bourbon & Bacon Fest and the Smithfield Wine & Brew Fest. These festivals not only provide entertainment and enjoyment for attendees but also serve as a means to raise funds for various charitable causes. By bringing together people from the community and offering a variety of activities, Smithfield VA Events successfully raises funds and contributes to the betterment of various charities.
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Impact
July, 2024
Smithfield Va Events' impact is significant in raising money for charities through local festivals in Smithfield, VA. Through events like the Smithfield Bourbon & Bacon Fest and the Smithfield Wine & Brew Fest, it actively contributes to the community improvement by supporting charitable causes. These events not only bring the community together but also provide a platform to raise funds for those in need.
This information is meant to be a general summary of Smithfield Va Events. 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 2023.
- Gross Receipts: $683,301
Assets and Liabilities:
- Total Assets: $235,897
- Total Liabilities: $0
- Net Assets: $235,897
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Organization Details
Founding Year
2014
Phone
(757) 869-0664Principal Officer
Randy Pack
Main Address
PO Box 133, Smithfield, VA, 23431
NTEE Category
Code: S20 - Community improvement
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