Overview
What is Black Tie Dinner Inc?
Black Tie Dinner Inc, based in Dallas, Texas at 3824 CEDAR SPRINGS ROAD STE 335, is a nonprofit organization with a single employee. Their primary focus is to host an annual dinner event, with the primary objective of raising funds for 18 various charitable organizations, both local and national, that fall under the 501(C)(3) tax-exempt category. By organizing this event, Black Tie Dinner Inc plays a significant role in supporting these organizations' initiatives and contributing to their respective missions.
Official website here: www.blacktiedinner.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating.
Black Tie Dinner Inc has achieved an overall score of 84%, indicating a satisfactory level of accountability and financial health. The rating is based solely on the Accountability & Finance category, where the organization demonstrates strong performance in areas such as having an entirely independent board and no material diversion of assets. The program expense ratio is commendable at 94.42%, suggesting that a significant portion of its resources is allocated directly to its mission.
However, there are notable gaps in the organization's governance practices. Black Tie Dinner Inc lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact its transparency and accountability standards. Additionally, the absence of the tax form on the nonprofit's website, as required, is a limitation that may concern potential donors looking for complete disclosure.
Overall, while Black Tie Dinner Inc showcases strengths in financial management and board independence, addressing the missing governance policies would enhance its credibility and trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Black Tie Dinner Inc legitimate?
Black Tie Dinner Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Tie Dinner 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: $43,999
For more financial information, click here
Official website here: www.blacktiedinner.org
What is the mission statement of Black Tie Dinner Inc?
Black Tie Dinner Inc's mission revolves around hosting an annual dinner event, with the primary objective of raising funds for various 501(c)(3) organizations. This non-profit organization aims to support 17 local community-based organizations and one national organization by raising substantial funds during this annual event. Their activities are centered around organizing a well-attended dinner gala, with the ultimate goal of making a significant financial contribution to these charitable entities.
Official website here: www.blacktiedinner.org
Who is the CEO of Black Tie Dinner Inc?
Doug Bedell is the Treasurer of Black Tie Dinner Inc.
Official website here: www.blacktiedinner.org
What is the revenue of Black Tie Dinner Inc?
Black Tie Dinner Inc's revenue in 2022 was $1,657,309.
Official website here: www.blacktiedinner.org
Who are the executives of Black Tie Dinner Inc and what are their salaries?
The average compensation at Black Tie Dinner Inc during 2022 was $43,999. There is 1 employee and 200 volunteers at Black Tie Dinner Inc.
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Official website here: www.blacktiedinner.org
Where can I find the form 990 for Black Tie Dinner Inc?
Black Tie Dinner Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blacktiedinner.org
Learn more at the official website: www.blacktiedinner.org
Mission Statement of Black Tie Dinner Inc
Black Tie Dinner Inc, a nonprofit organization, is dedicated to hosting an annual dinner with a noble purpose. Its mission is centered around raising funds for various 501(C)(3) organizations, both local and national. This fundraising event serves as a significant source of financial support for seventeen community-based organizations within its vicinity, in addition to one national organization. By organizing this annual dinner, Black Tie Dinner Inc plays a crucial role in contributing to the continued operation and growth of these charitable organizations, thereby making a positive impact on numerous communities.
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Impact
July, 2024
Black Tie Dinner Inc's impact is significant in supporting and strengthening civil rights organizations through its annual fundraising dinner. By raising funds for both local community 501(c)(3) organizations and a national 501(c)(3) organization, Black Tie Dinner Inc plays a crucial role in advancing causes related to civil rights. Their dedication to hosting this event underscores their commitment to making a difference in the realm of social justice and equality.
This information is meant to be a general summary of Black Tie Dinner 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.
- Investment Income: $608
- Gross Receipts: $3,043,635
Assets and Liabilities:
- Total Assets: $399,062
- Total Liabilities: $47,980
- Net Assets: $351,082
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Organization Details
Founding Year
1991
Principal Officer
Doug Bedell
Main Address
3824 CEDAR SPRINGS ROAD STE 335, DALLAS, TX, 75219
Website
www.blacktiedinner.orgNTEE Category
Code: R26 - Civil rights
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