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Edmond Fourth Of July Festivals

Liberty Fest

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

EIN: 731399081 ✦ Edmond, OK ✦ Designated as a 501(c)(3)

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Overview

What is Edmond Fourth Of July Festivals?

Edmond Fourth of July Festivals is a nonprofit organization dedicated to celebrating and promoting the Fourth of July. Their primary mission involves planning and spreading awareness about the annual celebration, ensuring a memorable and enjoyable experience for the community. Although the provided information is limited, it suggests that this organization plays a crucial role in organizing and promoting the patriotic spirit during this significant national holiday.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Edmond Fourth Of July Festivals organization has received a rating indicating room for improvement, scoring 73% overall. The organization performs well in several accountability areas, with a perfect score for independent board members and asset management. However, they lack critical governance policies such as conflict of interest and whistleblower policies, which affects their overall accountability rating.

While the organization demonstrates strong financial stability with a 100% program expense ratio, indicating all funds go toward their mission, the absence of key documents and policies on their website raises concerns. This gap in transparency may hinder potential support and trust from donors and the community.

Overall, while the Edmond Fourth Of July Festivals shows commendable financial practices and board independence, it must address its governance shortcomings to improve its rating and public perception. Enhanced transparency and the establishment of essential policies would significantly bolster its credibility and effectiveness in serving its community.


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

Is Edmond Fourth Of July Festivals legitimate?

Edmond Fourth Of July Festivals is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edmond Fourth Of July Festivals 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

What is the mission statement of Edmond Fourth Of July Festivals?

The Edmond Fourth of July Festivals' mission is to meticulously organize and publicize the celebration of the Fourth of July. This entails planning and promoting the festivities associated with this national holiday. Their primary objective is to ensure a memorable and enjoyable event for all participants.

Who is the CEO of Edmond Fourth Of July Festivals?

Gwen Boots is the President of Edmond Fourth Of July Festivals.

What is the revenue of Edmond Fourth Of July Festivals?

Edmond Fourth Of July Festivals's revenue in 2022 was $63,657.

Who are the executives of Edmond Fourth Of July Festivals and what are their salaries?


Here are 3 key members and their salaries:


Terry Officer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Boots (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Young (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edmond Fourth Of July Festivals?

Edmond Fourth Of July Festivals's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Edmond Fourth Of July Festivals

Edmond Fourth of July Festivals is an organization dedicated to planning and promoting the celebration of the Fourth of July. Their mission is to meticulously organize and publicize the festivities surrounding this significant American holiday. By undertaking these tasks, the organization ensures that the community can come together to celebrate this national event in a festive and memorable manner.

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Impact




August, 2024

The Edmond Fourth of July Festival has a significant impact on the community by bringing people together to celebrate the Independence Day in a festive and patriotic manner. The festival fosters a sense of community pride and unity as residents come together to enjoy various activities, entertainment, and fireworks displays. This annual event not only promotes patriotism but also boosts the local economy through increased tourism and spending on food, vendors, and attractions. Overall, the Edmond Fourth of July Festival contributes to the cultural vitality of the city and strengthens the social fabric by creating memorable experiences for residents and visitors alike.




This information is meant to be a general summary of Edmond Fourth Of July Festivals. 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
$63,657 (2022)
Expenses
$135,023 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $68
  • Gross Receipts: $63,657

Assets and Liabilities:

  • Total Assets: $52,639
  • Total Liabilities: $0
  • Net Assets: $52,639

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Organization Details

Founding Year

1985

Principal Officer

Gwen Boots

Main Address

PO BOX 1776, EDMOND, OK, 73083

NTEE Category

Code: A840 - Arts

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