Overview
What is Concours D'Elegance Of America?
Concours D'Elegance Of America is a nonprofit organization situated in Grosse Pointe Farms, Michigan. Their primary mission encompasses organizing educational and historical events to honor the art and history of automobiles. These events aim to educate the public and encourage appreciation for classic cars. As a philanthropic endeavor, the organization donates funds to selected charitable organizations, using these events as a platform for fundraising. With a small team of two employees, Concours D'Elegance Of America contributes to the community by combining appreciation for automotive heritage with charitable giving.
Official website here: www.concoursua.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
Concours D'Elegance Of America has received a commendable rating of 90% from Charity Navigator, which translates to a Four-Star rating. This assessment is based entirely on their accountability and finance score, demonstrating the organization's commitment to responsible financial practices. The perfect score in several categories, including board independence and asset management, reflects a strong governance structure.
The charity boasts an impressive accountability framework, with 100% of its board members being independent. Additionally, there have been no material diversions of assets, and essential policies such as conflict of interest and document retention are in place. The organization also effectively manages its resources, as indicated by a program expense ratio of approximately 74%, ensuring that a significant portion of funds is directed towards its charitable mission.
However, it is worth noting the absence of a whistleblower policy, which received a score of zero. While this does not significantly detract from the overall positive rating, it represents an area where the organization could improve its transparency and accountability further. Overall, Concours D'Elegance Of America demonstrates a solid foundation in accountability and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Concours D'Elegance Of America legitimate?
Concours D'Elegance Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concours D'Elegance Of America 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: $25,950
For more financial information, click here
Official website here: www.concoursua.org
What is the mission statement of Concours D'Elegance Of America?
The Concours D'Elegance of America is organized with the mission to conduct educational and historic events that celebrate the art and history of automobiles. One of their primary objectives is to make donations to various charitable organizations. Their main activity involves holding a classic car show, aimed at educating the public about automotive history and design as an art form, while simultaneously raising funds for local charities.
Official website here: www.concoursua.org
Who is the CEO of Concours D'Elegance Of America?
Greg Kosmatka is the President of Concours D'Elegance Of America.
Official website here: www.concoursua.org
What is the revenue of Concours D'Elegance Of America?
Concours D'Elegance Of America's revenue in 2021 was $175,924.
Official website here: www.concoursua.org
Who are the executives of Concours D'Elegance Of America and what are their salaries?
The average compensation at Concours D'Elegance Of America during 2021 was $12,975. There are 2 employees and 200 volunteers at Concours D'Elegance Of America.
Here are 6 key members and their salaries:
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Official website here: www.concoursua.org
Where can I find the form 990 for Concours D'Elegance Of America?
Concours D'Elegance Of America's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.concoursua.org
Learn more at the official website: www.concoursua.org
Mission Statement of Concours D'Elegance Of America
Concours D'Elegance Of America is an organization dedicated to conducting educational and historical events that celebrate the art and history of automobiles. Their primary mission involves organizing such events and making donations to various charitable organizations. By holding classic car shows, Concours D'Elegance Of America aims to educate the public about the rich history and design aesthetic of automobiles, treating them as works of art. Additionally, the organization uses these events as platforms to raise funds for local charities, further contributing to their community.
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Impact
October, 2024
The Concours D'Elegance of America significantly impacts the community by celebrating automotive history and design through high-profile events that educate the public. By hosting classic car shows, it not only showcases the artistry and innovation behind automobiles but also fosters appreciation for their historical significance. These events draw enthusiasts and families alike, creating a vibrant atmosphere that promotes cultural engagement in Grosse Pointe Farms, MI.
In addition to education, the Concours D'Elegance plays a crucial role in fundraising for local charities. Proceeds from their events help support various community initiatives, amplifying their influence beyond automotive appreciation to social responsibility. This dual focus on education and charitable giving enhances community spirit, fosters collaboration among automotive enthusiasts, and encourages a greater understanding of the art of the automobile as a vital aspect of history and culture.
This information is meant to be a general summary of Concours D'Elegance Of America. 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 2021.
- Investment Income: $150,000
- Program Service Revenue: $12,474
- Gross Receipts: $175,924
Assets and Liabilities:
- Total Assets: $150,342
- Total Liabilities: $2,000
- Net Assets: $148,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASSIC CAR SHOW
Revenue
$8,087
CONCOURS STORE
Revenue
$4,387
Organization Details
Founding Year
2002
Phone
(313) 300-9177Principal Officer
Greg Kosmatka
Main Address
129 LEWISTON RD, GROSSE POINTE FARMS, MI, 48236
Website
www.concoursua.orgNTEE Category
Code: B114 - Education
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