Overview
What is Cherry Blossom Inc?
Cherry Blossom Inc is a nonprofit organization situated in Bethesda, Maryland. Their primary mission is to promote health and fitness among individuals, addressing the growing obesity crisis in the United States. They achieve this goal through an annual running event titled the "Credit Union Cherry Blossom Ten Mile Run." This event comprises three elements: a ten-mile run, a five-kilometer run-walk, and a half-mile children's run. With the participation of over 18,955 ten-mile runners and 3,216 five-kilometer runners, the event provides a platform for health-focused activities, creating an enjoyable experience for participants. Additionally, educational opportunities are offered at a series of clinics covering topics such as training, injury prevention, and nutrition, during the Health and Fitness Exposition. The organization's team consists of a modest 3 employees who work tirelessly to make this event a success.
Official website here: www.cherryblossom.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Cherry Blossom Inc has received an 81% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The organization has achieved high scores in several areas, including having an entirely independent board and no material diversion of assets. With a program expense ratio of 84.31%, the charity demonstrates a commitment to directing funds toward its mission rather than administrative costs.
The charity's governance practices are commendable, as it has established policies regarding conflicts of interest, whistleblower protections, and document retention, all of which are fully listed. The organization also maintains transparency with its board meeting minutes available, showcasing a proactive approach to accountability.
While Cherry Blossom Inc has demonstrated solid financial health with a liabilities to assets ratio of 0.00%, the overall rating indicates room for improvement in other operational areas. Continued focus on diversifying its funding sources and enhancing programmatic impact could further strengthen its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Cherry Blossom Inc legitimate?
Cherry Blossom Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherry Blossom 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: $9,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,760
For more financial information, click here
Official website here: www.cherryblossom.org
What is the mission statement of Cherry Blossom Inc?
Cherry Blossom Inc's mission is focused on promoting health and fitness. They accomplish this objective through educational initiatives and athletic competitions. A notable event they organize annually is the Credit Union Cherry Blossom Ten Mile Run, which includes a ten-mile run, a five-kilometer run-walk, and a half-mile children's run. This event provides an opportunity for over 18,000 ten-mile run participants and 3,200 five-kilometer participants to engage in activities that enhance their health and fitness, while also offering an enjoyable experience. Additionally, Cherry Blossom Inc offers educational clinics covering topics like training, injury prevention, and nutrition to further promote health and wellness among participants.
Official website here: www.cherryblossom.org
Who is the CEO of Cherry Blossom Inc?
Jean Arthur is the Vice President of Cherry Blossom Inc.
Official website here: www.cherryblossom.org
What is the revenue of Cherry Blossom Inc?
Cherry Blossom Inc's revenue in 2022 was $1,948,006.
Official website here: www.cherryblossom.org
Who are the executives of Cherry Blossom Inc and what are their salaries?
The average compensation at Cherry Blossom Inc during 2022 was $101,920. There are 3 employees and 1300 volunteers at Cherry Blossom Inc.
Here are 11 key members and their salaries:
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- Compensation: $1,500
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- Compensation: $4,000
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- Compensation: $4,000
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- Compensation: $120,000
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- Other: $6,600
- Compensation: $110,000
- Related: $0
- Other: $6,050
Official website here: www.cherryblossom.org
Where can I find the form 990 for Cherry Blossom Inc?
Cherry Blossom Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cherryblossom.org
Learn more at the official website: www.cherryblossom.org
Mission Statement of Cherry Blossom Inc
Cherry Blossom Inc, as an organization, is committed to promoting health and fitness among individuals. They accomplish this mission through a combination of education and athletic competition. The primary way they execute this is by organizing an annual event known as the Credit Union Cherry Blossom Ten Mile Run. This event consists of three components: a ten-mile run, a five-kilometer run-walk, and a half-mile children's run. These activities not only encourage physical fitness but also offer an enjoyable experience for participants. Moreover, the event provides educational opportunities through a series of clinics covering topics such as training, injury prevention, and nutrition at the Health and Fitness Exposition. By doing so, Cherry Blossom Inc contributes to combating the growing obesity crisis in the United States.
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Impact
July, 2024
Cherry Blossom Inc's impact is centered on promoting health and fitness through education and athletic competition. Their flagship event, the Credit Union Cherry Blossom Ten Mile Run, attracts thousands of participants each year, providing them with the opportunity to engage in physical activities that contribute to their well-being. By organizing various races, such as the ten-mile run, five-kilometer run-walk, and children's run, Cherry Blossom Inc encourages individuals to adopt a more active lifestyle.
Furthermore, the organization's focus on education extends beyond the races themselves. Through clinics covering training, injury prevention, and nutrition at the Health and Fitness Exposition, participants receive valuable information that can help them improve their overall health and fitness levels. This holistic approach not only promotes physical activity but also equips individuals with the knowledge to make healthier choices in their daily lives.
Cherry Blossom Inc's efforts play a significant role in addressing concerns related to the obesity crisis in the United States. By providing a platform for thousands of individuals to engage in fitness activities, receive education on health-related topics, and enjoy a positive and supportive environment, the organization contributes to building a healthier community. Overall, Cherry Blossom Inc's impact is tangible in fostering a culture of health, fitness, and well-being among its participants and the broader community.
This information is meant to be a general summary of Cherry Blossom 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: $172,785
- Program Service Revenue: $1,199,060
- Gross Receipts: $2,145,855
Assets and Liabilities:
- Total Assets: $650,211
- Total Liabilities: $0
- Net Assets: $650,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT FEES
Revenue
$1,199,060
Organization Details
Founding Year
1989
Phone
(301) 320-6865Principal Officer
Jean Arthur
Main Address
4963 ELM STREET, BETHESDA, MD, 20814
Website
www.cherryblossom.orgNTEE Category
Code: N99 - Recreation
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