Overview
What is Pasadena Strawberry Festival Inc?
Pasadena Strawberry Festival Inc, based in Pasadena, Texas, is a dedicated nonprofit organization with a mission to produce a significant event. This undertaking serves two primary purposes: firstly, to generate support for various other nonprofit organizations; secondly, to offer educational opportunities for students through its scholarship program. Furthermore, the festival is committed to preserving and celebrating the rich history of Pasadena. With a small team of two dedicated individuals, the organization's efforts contribute positively to the local community and beyond.
Official website here: www.strawberryfest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Pasadena Strawberry Festival Inc has received a 73% rating from Charity Navigator, reflecting a two-star rating. This score indicates that while the organization demonstrates some strengths in its accountability and finance practices, there are important areas for improvement that prevent it from achieving a higher rating. The organization benefits from having a fully independent board, which is a positive aspect of its governance.
One of the notable strengths of the Pasadena Strawberry Festival Inc is its high program expense ratio of 73.87%, which suggests that a significant portion of its funds is directed toward its programs and services. Additionally, the organization has effectively avoided material diversion of assets, showing a commitment to financial integrity. However, the organization has fallen short in several key governance policies, including the absence of a whistleblower policy and document retention policy, which are critical for transparency and accountability.
While the organization lists its website on the tax form and maintains proper board meeting minutes, it lacks transparency in other areas, such as not posting its tax form on its website. These limitations indicate a need for improvement in its operational practices, which could enhance trust and accountability among stakeholders and donors. Overall, while the Pasadena Strawberry Festival Inc shows potential, addressing these governance gaps could significantly strengthen its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Pasadena Strawberry Festival Inc legitimate?
Pasadena Strawberry Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pasadena 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,359
For more financial information, click here
Official website here: www.strawberryfest.org
What is the mission statement of Pasadena Strawberry Festival Inc?
The Pasadena Strawberry Festival Inc's mission is centered around organizing a significant event with the primary objectives of aiding various nonprofit organizations, facilitating educational opportunities for students through its scholarship program, and preserving and honoring the historical heritage of Pasadena. This festival serves as a platform to support numerous charities and provides a chance for deserving students to further their education financially. Furthermore, it celebrates and upholds the rich history of Pasadena, fostering a sense of community and cultural pride.
Official website here: www.strawberryfest.org
Who is the CEO of Pasadena Strawberry Festival Inc?
Reba Sloterdijk is the President of Pasadena Strawberry Festival Inc.
Official website here: www.strawberryfest.org
What is the revenue of Pasadena Strawberry Festival Inc?
Pasadena Strawberry Festival Inc's revenue in 2022 was $993,795.
Official website here: www.strawberryfest.org
Who are the executives of Pasadena Strawberry Festival Inc and what are their salaries?
The average compensation at Pasadena Strawberry Festival Inc during 2022 was $41,680. There are 2 employees and 300 volunteers at Pasadena Strawberry Festival Inc.
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Official website here: www.strawberryfest.org
Where can I find the form 990 for Pasadena Strawberry Festival Inc?
Pasadena Strawberry Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.strawberryfest.org
Learn more at the official website: www.strawberryfest.org
Mission Statement of Pasadena Strawberry Festival Inc
The Pasadena Strawberry Festival Inc is committed to carrying out a significant event with the purpose of aiding various nonprofit organizations. Beyond this, the festival also aims to serve as a stepping stone for students by offering scholarships to assist them in furthering their education. Lastly, the organization is dedicated to preserving and celebrating the rich history of Pasadena. Through these efforts, the Pasadena Strawberry Festival Inc aims to contribute positively to the community and support the growth and development of its future leaders.
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Impact
July, 2024
The Pasadena Strawberry Festival Inc's impact is significant in supporting local organizations, providing educational opportunities for students through scholarships, and preserving the rich history of Pasadena. Through its large event and scholarship program, the organization contributes to the community's growth and development, making a positive difference for both residents and future generations. Its efforts help strengthen the fabric of Pasadena and create lasting benefits for all involved.
This information is meant to be a general summary of Pasadena 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $41
- Program Service Revenue: $881,237
- Gross Receipts: $993,795
Assets and Liabilities:
- Total Assets: $676,097
- Total Liabilities: $40,070
- Net Assets: $636,027
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$255,500
FOOD & DRINKS
Revenue
$44,022
Organization Details
Founding Year
2016
Phone
(281) 991-9500Principal Officer
Reba Sloterdijk
Main Address
7603 RED BLUFF ROAD, PASADENA, TX, 77507
Website
www.strawberryfest.orgNTEE Category
Code: N52 - Recreation
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