Overview
What is Fiesta Dc Inc?
Fiesta D.C. Inc. is a nonprofit organization situated in Washington, D.C., specifically at 1470 Irving Street NW, 3rd Floor. Their primary mission is to promote, enhance, and support the artistic and cultural expressions of the Latin community. They strive to offer entertainment and educational opportunities for families, thereby contributing to the preservation, diffusion, and promotion of the Latin community. The organization's vision extends beyond just preservation; it aims to celebrate and empower the Latin community by providing a platform for artistic expression and cultural exchange.
Official website here: www.fiestadc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star rating)
Fiesta DC Inc has received a Two-Star rating from Charity Navigator, indicating a score of 61% based primarily on Accountability & Finance metrics. This rating is significant as it reflects the organization's commitment to transparency and responsible financial management, although it also highlights areas that require improvement.
The nonprofit has strengths in several key areas, including having an entirely independent board, good documentation practices for board meeting minutes, and no material diversion of assets. Additionally, it demonstrates a high program expense ratio, indicating that it allocates all its resources towards its mission. However, the organization lacks critical policies such as a Conflict of Interest Policy and a Whistleblower Policy, which are essential for governance and accountability.
A concerning aspect is the extremely high liabilities to assets ratio, which suggests potential financial instability. This could pose risks to the organization's ability to sustain its operations. While Fiesta DC Inc shows dedication to its purpose, addressing these governance gaps and financial concerns could enhance its overall effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Fiesta Dc Inc legitimate?
Fiesta Dc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiesta Dc 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
Official website here: www.fiestadc.org
What is the mission statement of Fiesta Dc Inc?
Fiesta Dc Inc's mission is centered around preserving, promoting, and disseminating the Latin community. Their primary goal is to enhance, promote, and assist the artistic and cultural expressions of the Latin community. The organization also offers entertainment and educational opportunities for families, aiming to contribute positively to their experiences.
Official website here: www.fiestadc.org
Who is the CEO of Fiesta Dc Inc?
Maria P Corrales is the President of Fiesta Dc Inc.
Official website here: www.fiestadc.org
What is the revenue of Fiesta Dc Inc?
Fiesta Dc Inc's revenue in 2022 was $167,713.
Official website here: www.fiestadc.org
Who are the executives of Fiesta Dc Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.fiestadc.org
Where can I find the form 990 for Fiesta Dc Inc?
Fiesta Dc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fiestadc.org
Learn more at the official website: www.fiestadc.org
Mission Statement of Fiesta Dc Inc
Fiesta D.C. Inc, as a nonprofit organization, is committed to the preservation, diffusion, and promotion of the Latino community. Its mission is to enhance, promote, and assist the artistic and cultural expressions of this community. The organization seeks to provide entertainment and educational opportunities for families, thereby contributing to the enrichment of the Latino community as a whole. By embracing its mission, Fiesta D.C. Inc aims to celebrate and showcase the unique cultural heritage of the Latino community, fostering a sense of unity and pride within this community.
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Impact
October, 2024
Fiesta DC Inc significantly impacts the Latino community in Washington, DC, by enhancing, promoting, and assisting in the artistic and cultural expressions of this vibrant population. Through its various programs, the organization provides valuable entertainment and educational opportunities for families, ensuring that the rich heritage of Latino culture is celebrated and preserved. This dedication to cultural promotion not only fosters community pride but also encourages broader understanding and appreciation of Latino traditions within the wider society. The efforts of Fiesta DC Inc contribute to a more inclusive environment, bridging gaps between diverse cultures and enhancing the overall cultural landscape of the city.
This information is meant to be a general summary of Fiesta Dc 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.
- Gross Receipts: $167,713
Assets and Liabilities:
- Total Assets: $35,585
- Total Liabilities: $381,744
- Net Assets: -$346,159
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Organization Details
Founding Year
2004
Phone
(202) 390-2335Principal Officer
Maria P Corrales
Main Address
1470 IRVING ST NW 3RD FLOOR, Washington, DC, 20009
Website
www.fiestadc.orgNTEE Category
Code: A20 - Arts
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