Overview
What is The Crystal Charity Ball?
The Crystal Charity Ball is a nonprofit organization based in Dallas, Texas, with a primary focus on aiding, supporting, and making contributions to charitable, religious, educational, medical institutions, and social agencies that primarily cater to the care, development, or welfare of children. Each year, they select local Dallas County, Texas, non-profit organizations as beneficiaries of their financial support, chosen by their volunteer members. The Crystal Charity Ball hosts an annual ball and fashion show, soliciting contributions from corporations, foundations, and individuals to meet their pledged financial support to these beneficiaries. In 2022, they allocated a significant portion of their resources to various organizations, with the total program service expense amounting to $7,447,236, excluding donated services and facilities. Additionally, direct donations made to beneficiaries by third parties totaled $2,121,636 for the year ending December 31, 2022. The Crystal Charity Ball does not manage these direct donations directly but facilitates them as a result of their activities, offering certain benefits to the donors.
Official website here: www.crystalcharityball.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)**
The Crystal Charity Ball has received a high rating of 97% from Charity Navigator, indicating strong performance in terms of accountability and financial management. The organization boasts a perfect score in critical areas such as board independence, financial oversight, and asset management, highlighting its commitment to transparency and proper governance. This level of accountability is crucial for fostering trust among donors and stakeholders.
Strengths noted in the rating include a well-structured board consisting entirely of independent members, robust financial practices, and efficient fundraising efforts. The organization's program expense ratio is also commendable, with nearly 85% of expenses directed toward mission-related activities, demonstrating a clear focus on impact rather than administrative costs.
Unfortunately, there were no user reviews from GreatNonprofits available to provide further insights into public opinion or personal experiences with the nonprofit. Nonetheless, the high marks from Charity Navigator reflect positively on The Crystal Charity Ball's operations and governance, suggesting a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Crystal Charity Ball legitimate?
The Crystal Charity Ball is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Crystal Charity Ball 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: $374,518
For more financial information, click here
Official website here: www.crystalcharityball.org
What is the mission statement of The Crystal Charity Ball?
The Crystal Charity Ball's mission is centered around aiding, supporting, and making contributions to charitable, religious, or educational organizations primarily focused on the care, development, or welfare of children. The primary purpose of the organization is to provide financial support to these agencies through various activities, including an annual ball and fashion show, and soliciting contributions from corporations, foundations, and individuals. Each year, beneficiary organizations are selected by the volunteers of the Crystal Charity Ball, who serve as members. The funds raised are used to support the chosen organizations, with the total program service expense for 2022 amounting to $7,447,236, excluding donated services and facilities. Direct donations made to beneficiaries by third parties on behalf of the Crystal Charity Ball totaled $2,121,636 in 2022. However, these direct donations were not reflected in the return as they were not managed by the Crystal Charity Ball directly.
Official website here: www.crystalcharityball.org
Who is the CEO of The Crystal Charity Ball?
Mary Ann Vacilek is the Chairman of The Crystal Charity Ball.
Official website here: www.crystalcharityball.org
What is the revenue of The Crystal Charity Ball?
The Crystal Charity Ball's revenue in 2022 was $8,327,414.
Official website here: www.crystalcharityball.org
Who are the executives of The Crystal Charity Ball and what are their salaries?
The average compensation at The Crystal Charity Ball during 2022 was $124,839. There are 3 employees and 100 volunteers at The Crystal Charity Ball.
Here are 9 key members and their salaries:
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- Compensation: $118,738
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- Compensation: $102,635
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- Compensation: $104,308
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Official website here: www.crystalcharityball.org
Where can I find the form 990 for The Crystal Charity Ball?
The Crystal Charity Ball's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crystalcharityball.org
Learn more at the official website: www.crystalcharityball.org
Mission Statement of The Crystal Charity Ball
The Crystal Charity Ball, as an organization, is primarily focused on aiding, supporting, and making contributions to charitable, religious, and educational agencies and organizations that are primarily concerned with or for the care, development, or welfare of children. Their mission is to provide financial support to these non-profit organizations located in Dallas County, Texas, through various means. The Crystal Charity Ball accomplishes this by hosting an annual ball and fashion show, soliciting contributions from corporations, foundations, and individuals to meet its pledge of financial support to the selected beneficiaries. Each year, the organization carefully selects non-profit organizations as beneficiaries of its financial support, based on the recommendations of its volunteer members. The total program service expense for 2022 amounted to $7,447,236, not including $1,041,957 of donated services and facilities received by the Crystal Charity Ball to host its annual events. Direct donations made by other third parties on behalf of the Crystal Charity Ball, totaling $2,121,636 for the year ended December 31, 2022, were not reflected on the return due to the Crystal Charity Ball not acting as an agent of the beneficiary organizations and the funds never being in its control. However, these donations were made to the beneficiaries as a result of the Crystal Charity Ball's activities, and donors were offered certain benefits from the Crystal Charity Ball for their donations.
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Impact
July, 2024
The Crystal Charity Ball's impact is significant in supporting charitable, religious, educational, and medical institutions, as well as social agencies in Dallas County, Texas, that are primarily focused on the care, development, and welfare of children. Each year, the Crystal Charity Ball selects nonprofit organizations as beneficiaries of its financial support, with a total program service expense of $7,447,236 in 2022. Additionally, the organization received $1,041,957 in donated services and facilities to host its annual events. Donations made directly to the beneficiaries by third parties on behalf of the Crystal Charity Ball totaled $2,121,636 in 2022. This demonstrates the organization's dedication to making a positive impact on the community by providing vital support to those in need.
This information is meant to be a general summary of The Crystal Charity Ball. 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: $592,424
- Gross Receipts: $10,872,140
Assets and Liabilities:
- Total Assets: $36,785,651
- Total Liabilities: $5,359,558
- Net Assets: $31,426,093
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Organization Details
Founding Year
1952
Phone
(214) 526-5868Principal Officer
Mary Ann Vacilek
Main Address
3838 OAK LAWN AVE L150, DALLAS, TX, 75219
Website
www.crystalcharityball.orgNTEE Category
Code: T30 - Philanthropy
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