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Elkhart Festivals Inc

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

EIN: 475394067 ✦ Elkhart, IN ✦ Designated as a 501(c)(3)

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Overview

What is Elkhart Festivals Inc?

Elkhart Festivals Inc is a nonprofit organization situated in Elkhart, Indiana. Their primary mission is to enhance the community by organizing and sponsoring festivals, such as the annual Elkhart Jazz Festival. Their objective is to attract and retain residents and businesses, thereby improving the overall quality of life in the city. To achieve this, they host events that celebrate the community, fostering a sense of unity and enjoyment. Their initiatives include an air show salute to veterans, further demonstrating their commitment to honoring local heroes.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Stars

Elkhart Festivals Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization scored 94% in this category, indicating a robust financial health and transparency. This strong score is particularly notable as it is based solely on their accountability and finance practices.

The nonprofit demonstrates significant strengths, including a fully independent board of directors, which enhances governance and decision-making integrity. With a program expense ratio of 96.45%, the majority of its expenses are directed towards fulfilling its mission, showcasing a commitment to effective program implementation. Additional strong practices are evidenced by the presence of conflict of interest and whistleblower policies, which further contribute to operational transparency.

While the ratings reflect a strong financial position, the summary does not highlight any particular limitations or concerns within the current data. Overall, Elkhart Festivals Inc stands out for its dedication to accountability and financial prudence, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Elkhart Festivals Inc legitimate?

Elkhart Festivals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elkhart Festivals 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 Elkhart Festivals Inc?

Elkhart Festivals Inc's mission is centered around enhancing the community by attracting and retaining residents and businesses. They achieve this by organizing and sponsoring festivals, with one notable event being the annual Jazz Festival. The primary objective of these activities is to improve the overall quality of life within the community. By hosting these events, Elkhart Festivals Inc aims to foster a sense of unity and enjoyment, contributing to a vibrant and thriving community.

Who is the CEO of Elkhart Festivals Inc?

Benjamin Decker is the President of Elkhart Festivals Inc.

What is the revenue of Elkhart Festivals Inc?

Elkhart Festivals Inc's revenue in 2022 was $519,267.

Who are the executives of Elkhart Festivals Inc and what are their salaries?


Here are 3 key members and their salaries:


Benjamin Decker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Abair (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Reynolds (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elkhart Festivals Inc?

Elkhart Festivals Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elkhart Festivals Inc

Elkhart Festivals Inc, a nonprofit organization, is dedicated to enhancing the community by attracting and retaining residents and businesses. They achieve this goal by sponsoring and organizing festivals within their city. One of their notable events is the annual Jazz Festival, which is a significant draw for the area. By hosting these festivals, Elkhart Festivals Inc aims to improve the overall quality of life in the community. Their mission is to create a vibrant and engaging environment that encourages both local residents and businesses to connect and thrive.

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Impact




July, 2024

Elkhart Festivals Inc's impact is significant in enhancing the vibrancy and cultural richness of the city of Elkhart, Indiana. Through their sponsorship and organization of festivals, such as the annual Jazz Festival and the air show salute to veterans, they play a crucial role in attracting and retaining both residents and businesses in the community. These festivals not only provide entertainment and cultural enrichment but also contribute to the overall improvement of the quality of life in Elkhart. Their dedication to organizing such events helps foster a sense of community spirit and pride, making Elkhart a more desirable place to live and work.




This information is meant to be a general summary of Elkhart Festivals 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
$519,267 (2022)
Expenses
$444,105 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $363,851
  • Gross Receipts: $519,267

Assets and Liabilities:

  • Total Assets: $214,452
  • Total Liabilities: $144
  • Net Assets: $214,308

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Elkhart Jazz Festival

Revenue

$265,717

City Event Support

Revenue

$15,000

Air Show/Salute to Veterans

Revenue

$27,500

Other

Revenue

$55,634

Organization Details

Founding Year

2016

Principal Officer

Benjamin Decker

Main Address

PO Box 2415, Elkhart, IN, 46516

NTEE Category

Code: N52 - Recreation

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