Overview
What is Celebration Foundation Inc?
Celebration Foundation Inc, based in Celebration, Florida, is a dedicated nonprofit organization that prioritizes community improvement through art, culture, and education. They offer a diverse range of programs and opportunities catering to individuals of all ages. Their initiatives include a prominent concert series, educational classes and lectures, and engaging clubs. The foundation also hosts holiday events that bring joy to the community during the festive season. To combat childhood hunger, they collaborate with other organizations to provide weekend meals to children in need. In addition, the foundation maintains a memorial garden, preserves the city's history and architecture, awards scholarships to local students, and offers support services for aging and disabled residents to enable them to live independently. They also have a women's initiative, WINGS, which empowers girls and women to reach their full potential. The Celebration Foundation's primary mission is to strengthen and support the community by engaging citizens in enriching programs that address various needs.
Official website here: www.celebrationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Celebration Foundation Inc has achieved an impressive score of 96%, which translates to a Four-Star rating. This high rating indicates a strong commitment to accountability and financial health, as the overall score is based entirely on the Accountability & Finance beacon. The charity has demonstrated transparency and sound financial practices, which are essential for building trust with donors and stakeholders.
One of the key strengths of Celebration Foundation Inc is its governance structure, with 100% of the board members being independent, ensuring impartial decision-making. The organization also excels in its financial oversight, having no material diversions of assets and maintaining a low liabilities-to-assets ratio of 2.91%. Furthermore, the charity has robust policies in place, including a conflict of interest policy and a whistleblower policy, contributing to its overall accountability.
While the organization exhibits strong program efficiency with a program expense ratio of 79.02%, indicating that a significant portion of its funds is directed toward its mission, it is crucial for potential donors to consider how these strengths align with their philanthropic goals. The detailed financial practices and oversight reflect a well-managed nonprofit, though ongoing transparency and effective program delivery remain vital for its continued success.
This AI summary has been generated from information found on Charity Navigator.
Is Celebration Foundation Inc legitimate?
Celebration Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Celebration Foundation 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: $182,063
For more financial information, click here
Official website here: www.celebrationfoundation.org
What is the mission statement of Celebration Foundation Inc?
The Celebration Foundation's mission is centered around enhancing community life through arts, culture, and education. They strive to build a strong and caring community by engaging citizens through impactful programs that cater to various needs and enrich lives. The organization offers a wide range of educational opportunities for all ages, including classes, lectures, and clubs, as well as a renowned concert series featuring local and nationally acclaimed artists. The Celebration Foundation is also involved in initiatives such as Learning Without Hunger, which aims to eliminate childhood hunger, and the Memorial Garden, providing a tranquil space for remembrance. They also preserve and promote their community's unique history and architectural style, and offer scholarships to assist students in furthering their education. Additionally, they have programs like Thriving in Place and Women's Initiative WINGS, which aim to support aging residents and empower girls and women, respectively.
Official website here: www.celebrationfoundation.org
Who is the CEO of Celebration Foundation Inc?
Kathleen Sipio is the President of Celebration Foundation Inc.
Official website here: www.celebrationfoundation.org
What is the revenue of Celebration Foundation Inc?
Celebration Foundation Inc's revenue in 2023 was $481,056.
Official website here: www.celebrationfoundation.org
Who are the executives of Celebration Foundation Inc and what are their salaries?
The average compensation at Celebration Foundation Inc during 2023 was $26,009. There are 7 employees and 304 volunteers at Celebration Foundation Inc.
Here are 13 key members and their salaries:
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- Compensation: $100,583
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Official website here: www.celebrationfoundation.org
Where can I find the form 990 for Celebration Foundation Inc?
Celebration Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.celebrationfoundation.org
Learn more at the official website: www.celebrationfoundation.org
Mission Statement of Celebration Foundation Inc
Celebration Foundation Inc, a distinguished nonprofit organization, is dedicated to improving community life by promoting arts, culture, and education. Their mission is to engage citizens and enhance their community by offering a wide array of impactful programs that cater to various age groups. The foundation aims to build a strong and caring community by addressing needs and enriching lives through these initiatives.
In line with its mission, Celebration Foundation Inc offers numerous educational opportunities for adults and children alike. One of their notable programs is Celebration Lifelong, an extraordinary educational platform for adults, which provides classes, lectures, and clubs. Additionally, the foundation hosts the Concert Series, recognized as one of the best in Central Florida. This series features local talent, showcases nationally acclaimed artists, and promotes arts appreciation among students.
Furthermore, Celebration Foundation Inc is actively involved in social welfare initiatives. For instance, their Learning Without Hunger program partners with other organizations to provide weekend food for school children with food insecurity. Moreover, the foundation operates a Memorial Garden, providing a serene space for community members to honor their loved ones.
In terms of architectural preservation, Celebration Foundation Inc protects and advances the unique history and architectural style of the community through teaching classes, hosting guest speakers, and offering architect-led walking tours of Celebration. The foundation also awards scholarships to graduating students residing in or attending Celebration High School to support their further education.
In conclusion, Celebration Foundation Inc is a multifaceted organization that seeks to build a better community through arts, culture, and education. Their mission is to engage citizens and enrich their lives by offering impactful programs and addressing community needs.
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Impact
July, 2024
Celebration Foundation Inc builds a better community through the arts, culture, and education by offering a wide variety of programming and educational opportunities for all ages. Their impact is evident in the various initiatives they undertake, such as providing educational opportunities for adults through Celebration Lifelong, organizing a concert series to promote arts appreciation, hosting the Holiday Home Tour & Winter Wonderland event, and addressing childhood hunger through the Learning Without Hunger program. Additionally, they support graduating students through scholarships, help aging or disabled residents remain independent through Thriving in Place, and empower girls and women through the Women's Initiative Nurturing Girls' Strength (WINGS) program. Celebration Foundation Inc's work contributes significantly to the enrichment and betterment of the Celebration community.
This information is meant to be a general summary of Celebration Foundation 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 2023.
- Investment Income: $151,341
- Program Service Revenue: $161,728
- Gross Receipts: $617,471
Assets and Liabilities:
- Total Assets: $2,274,352
- Total Liabilities: $106,821
- Net Assets: $2,167,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SALES INCO
Revenue
$109,868
THRIVING IN PLACE
Revenue
$42,735
MEMORIAL GARDEN PROGRA
Revenue
$9,125
Organization Details
Founding Year
1996
Phone
(407) 566-1234Principal Officer
Kathleen Sipio
Main Address
610 SYCAMORE STREET 110, CELEBRATION, FL, 34747
NTEE Category
Code: S80Z - Community improvement
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