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Florida Strawberry Festival Inc

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

EIN: 596151219 ✦ Plant city, FL ✦ Designated as a 501(c)(3)

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Overview

What is Florida Strawberry Festival Inc?

The Florida Strawberry Festival Inc, located in Plant City, Florida, is a nonprofit organization dedicated to celebrating and promoting the local strawberry harvest and agriculture industry. With a team of 583 employees, they carry out their mission through the annual Florida Strawberry Festival, an agricultural fair and exposition. This event offers education, opportunities for youth, and wholesale entertainment for families. By conducting and operating this festival, Florida Strawberry Festival Inc fosters community engagement and showcases the significance of the strawberry industry in Florida.


Official website here: www.flstrawberryfestival.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Florida Strawberry Festival Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrates a commitment to transparency and good governance, as evidenced by its 100% independent board members and rigorous financial oversight measures in place, including an Audit and Oversight Committee.

Financially, the nonprofit showcases a healthy balance sheet with a liabilities-to-assets ratio of just 0.40%, indicating solid financial health. Moreover, an impressive program expense ratio of 91.61% highlights its focus on utilizing most of its resources towards fulfilling its mission rather than administrative costs.

While the organization excels in financial metrics and governance, ongoing engagement with the community and continuous improvement in programs could enhance its impact even further. Overall, the Florida Strawberry Festival Inc serves as a model of fiscal responsibility and accountability in the nonprofit sector.


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

Is Florida Strawberry Festival Inc legitimate?

Florida Strawberry Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Strawberry 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: $371,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,558,590

For more financial information, click here


Official website here: www.flstrawberryfestival.com

What is the mission statement of Florida Strawberry Festival Inc?

The Florida Strawberry Festival Inc is dedicated to celebrating and promoting the local strawberry harvest and agriculture industry. Through their efforts, they provide education and opportunities for youth. The organization's primary goal is to offer wholesale entertainment for families, fostering a community connection to agriculture. The festival showcases the importance of the agriculture industry, while creating an enjoyable experience for all attendees. The mission of Florida Strawberry Festival Inc is to educate and entertain, celebrating the significance of the strawberry harvest and agricultural industry.


Official website here: www.flstrawberryfestival.com

Who is the CEO of Florida Strawberry Festival Inc?

Paul C Davis Jr is the President (Retired April 2023) of Florida Strawberry Festival Inc.


Official website here: www.flstrawberryfestival.com

What is the revenue of Florida Strawberry Festival Inc?

Florida Strawberry Festival Inc's revenue in 2023 was $13,520,245.


Official website here: www.flstrawberryfestival.com

Who are the executives of Florida Strawberry Festival Inc and what are their salaries?

The average compensation at Florida Strawberry Festival Inc during 2023 was $5,026. There are 583 employees and 2000 volunteers at Florida Strawberry Festival Inc.


Here are 19 key members and their salaries:


Daniel Coton (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela C Warnock (Vice Chairman)
  • Compensation: $6,200
  • Related: $0
  • Other: $0
Jon Poppell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Salvato (Treasurer)
  • Compensation: $6,200
  • Related: $0
  • Other: $0
Andrew Knotts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sparkman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Walden (Director)
  • Compensation: $6,200
  • Related: $0
  • Other: $0
David Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Keel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Varnum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Peace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Wetherington (Director)
  • Compensation: $1,660
  • Related: $0
  • Other: $0
Phillip Waldron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Lott (Director)
  • Compensation: $3,650
  • Related: $0
  • Other: $0
Renita Boles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Robinson (President)
  • Compensation: $78,132
  • Related: $0
  • Other: $0
Paul C Davis Jr (President (Retired April 2023))
  • Compensation: $250,774
  • Related: $0
  • Other: $9,831
Lisa Pacheck (Controller)
  • Compensation: $42,383
  • Related: $0
  • Other: $848


Official website here: www.flstrawberryfestival.com

Where can I find the form 990 for Florida Strawberry Festival Inc?

Florida Strawberry Festival Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.flstrawberryfestival.com

Learn more at the official website: www.flstrawberryfestival.com

Mission Statement of Florida Strawberry Festival Inc

Florida Strawberry Festival Inc, a renowned organization, is dedicated to celebrating and promoting the local strawberry harvest and agriculture industry. Through their efforts, they provide valuable education and wholesale entertainment for families. The mission of this esteemed institution is multifaceted.

First and foremost, Florida Strawberry Festival Inc supports the local agricultural community by highlighting the significance of the strawberry harvest. They seek to educate the public about the industry and its contributions to the region. This educational aspect is a key component of their mission.

Second, the organization offers opportunities for youth. By providing a platform for learning and growth, they empower the next generation. The Festival serves as a venue where young people can engage with their community and gain valuable experiences.

Lastly, Florida Strawberry Festival Inc delivers wholesale entertainment for families. Their events cater to people of all ages, fostering a sense of unity and enjoyment. Through a combination of education, youth opportunities, and family-friendly entertainment, Florida Strawberry Festival Inc continues to make a positive impact on their community.

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Impact




October, 2024

Florida Strawberry Festival Inc. has a significant impact on the local community by celebrating and promoting the region's strawberry harvest and agricultural industry. The festival serves as an agricultural fair and exposition, providing a platform for education about local farming practices and the importance of agriculture in the area. It creates opportunities for youth engagement, allowing young people to learn about agriculture, participate in competitions, and connect with their community.

Moreover, the festival offers wholesome entertainment for families, fostering community spirit and bringing people together to enjoy music, food, and various activities. This not only supports local businesses and vendors but also stimulates the economy of Plant City and surrounding areas. By highlighting the significance of strawberries and agriculture, Florida Strawberry Festival Inc. plays a critical role in preserving local traditions and promoting sustainable agricultural practices.




This information is meant to be a general summary of Florida Strawberry 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.

Revenue
$13,520,245 (2023)
2011201220132014201520162017201820192020202120222023$0$3.5M$7M$10.5M$14M
Expenses
$11,946,605 (2023)
2011201220132014201520162017201820192020202120222023$0$3M$6M$9M$12M
Efficiency
20112012201320142015201620172018201920202021202220230%6%12%18%28%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $394,425
  • Program Service Revenue: $13,025,820
  • Gross Receipts: $13,520,245

Assets and Liabilities:

  • Total Assets: $41,289,607
  • Total Liabilities: $167,527
  • Net Assets: $41,122,080

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$13,025,820

Organization Details

Founding Year

1930

Principal Officer

Paul C Davis Jr

Main Address

POST OFFICE DRAWER 1869, PLANT CITY, FL, 33564

NTEE Category

Code: N520 - Recreation

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