Overview
What is Upper Ohio Valley Italian Heritage Festival Inc?
Upper Ohio Valley Italian Heritage Festival Inc is a small, nonprofit organization, officially known as the Upper Ohio Valley Italian Foundation, located in Wheeling, West Virginia. With just one employee, they are dedicated to charitable activities, primarily focusing on education and scholarships for students from the Ohio Valley region. Their main source of fundraising and support comes from an annual festival they organize, which contributes to various causes within their mission.
Official website here: www.italyfest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%
The Upper Ohio Valley Italian Heritage Festival Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. This rating is primarily based on a single beacon score, highlighting the organization's performance mainly in areas of financial transparency and governance. While the organization has independent board members and a documented policy for board meeting minutes, it has been criticized for lacking essential policies such as conflict of interest and whistleblower protection.
The nonprofit demonstrates a strong commitment to having an independent board, which is a positive aspect of its governance structure. However, it has been rated poorly in several critical areas, such as the liabilities to assets ratio and the program expense ratio, indicating potential financial instability and a low investment in its programs relative to total expenses. This may raise concerns about the organization's overall effectiveness and ability to fulfill its mission.
Overall, while there are strengths in board independence and transparency regarding minutes, the absence of vital policies and low program expenditure ratios suggest that the Upper Ohio Valley Italian Heritage Festival Inc has considerable room for improvement. Stakeholders may want to consider these factors when evaluating support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Upper Ohio Valley Italian Heritage Festival Inc legitimate?
Upper Ohio Valley Italian Heritage Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upper Ohio Valley Italian Heritage Festival 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: $17,712
For more financial information, click here
Official website here: www.italyfest.com
What is the mission statement of Upper Ohio Valley Italian Heritage Festival Inc?
The Upper Ohio Valley Italian Heritage Festival Inc is committed to supporting charitable activities. A significant part of their efforts is dedicated to education and scholarships, particularly for college-bound students from the Ohio Valley region. The organization achieves this through holding an annual festival. By doing so, they contribute to the community and provide opportunities for academic advancement.
Official website here: www.italyfest.com
Who is the CEO of Upper Ohio Valley Italian Heritage Festival Inc?
Michele Fabbro is the President of Upper Ohio Valley Italian Heritage Festival Inc.
Official website here: www.italyfest.com
What is the revenue of Upper Ohio Valley Italian Heritage Festival Inc?
Upper Ohio Valley Italian Heritage Festival Inc's revenue in 2022 was $42,336.
Official website here: www.italyfest.com
Who are the executives of Upper Ohio Valley Italian Heritage Festival Inc and what are their salaries?
The average compensation at Upper Ohio Valley Italian Heritage Festival Inc during 2022 was $17,712. There is 1 employee and 100 volunteers at Upper Ohio Valley Italian Heritage Festival Inc.
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Official website here: www.italyfest.com
Where can I find the form 990 for Upper Ohio Valley Italian Heritage Festival Inc?
Upper Ohio Valley Italian Heritage Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.italyfest.com
Learn more at the official website: www.italyfest.com
Mission Statement of Upper Ohio Valley Italian Heritage Festival Inc
Upper Ohio Valley Italian Heritage Festival Inc is dedicated to carrying out charitable activities, with a significant focus on education and scholarships. This nonprofit organization achieves its mission by hosting an annual festival. Through this event, they provide financial aid in the form of scholarships to college-bound students hailing from the Ohio Valley region. By supporting education and offering scholarships, Upper Ohio Valley Italian Heritage Festival Inc contributes to the personal and professional growth of young individuals, helping to ensure a brighter future for them and their communities.
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Impact
August, 2024
The Upper Ohio Valley Italian Heritage Festival Inc's impact is primarily seen through its support of charitable activities, particularly in the areas of education and scholarships for college-bound students from the Ohio Valley region. By organizing an annual festival, the organization raises funds and awareness for these important causes, making a significant difference in the community.
This information is meant to be a general summary of Upper Ohio Valley Italian Heritage 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,276
- Gross Receipts: $190,249
Assets and Liabilities:
- Total Assets: $263,249
- Total Liabilities: $1,186
- Net Assets: $262,063
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Organization Details
Founding Year
1983
Phone
(304) 233-1090Principal Officer
Michele Fabbro
Main Address
1200 MARKET STREET, WHEELING, WV, 26003
Website
www.italyfest.comNTEE Category
Code: A23Z - Arts
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