Overview
What is The Bridal Council?
The Bridal Council is a nonprofit organization dedicated to serving charitable and educational purposes. Specializing in the luxury bridal industry, they provide valuable content, trends, and insights. Their mission encompasses more than just information dissemination; it extends to managing and administering these aspects as well. Their work aims to contribute positively to this specific sector, ultimately benefiting both the industry and those associated with it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. The Bridal Council has achieved a commendable score of 80%, which reflects a strong emphasis on accountability and finance. This rating is derived solely from its performance in the Accountability & Finance beacon, indicating a robust financial management structure.
The organization has demonstrated excellent governance practices, with a board comprised entirely of independent members. It has a solid conflict of interest policy in place and maintains transparency by documenting board meeting minutes. The ratio of liabilities to assets is notably low at 0.00%, showcasing strong financial health.
Furthermore, The Bridal Council allocates a significant portion of its budget to programs, with a program expense ratio of 96.88%. However, while the ratings indicate strong financial practices and governance, the reliance on a single beacon score means that other aspects of operational effectiveness and impact may not be fully captured in this rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Bridal Council legitimate?
The Bridal Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bridal Council 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 The Bridal Council?
The Bridal Council serves a charitable and educational role, focusing on providing content, trends, and insights related to the luxury bridal industry. Their mission is centered around disseminating valuable information in this domain, pursuing this objective for both educational and altruistic reasons. Beyond this, their activities encompass management and administrative tasks, as well as the distribution of this industry-specific knowledge.
What is the revenue of The Bridal Council?
The Bridal Council's revenue in 2024 was $54,644.
Who are the executives of The Bridal Council and what are their salaries?
There 10 volunteers at The Bridal Council.
Here are 3 key members and their salaries:
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Bridal Council?
The Bridal Council's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Bridal Council
The Bridal Council, a nonprofit organization, is dedicated to serving charitable and educational purposes. Its primary focus is to provide insight, trends, and content related to the luxury bridal industry. By undertaking this mission, The Bridal Council aims to contribute positively to this specific sector, fostering growth and development. The organization's activities encompass management and administration in addition to disseminating valuable information about the luxury bridal industry. Through its initiatives, The Bridal Council plays a significant role in promoting understanding and awareness within this field.
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Impact
August, 2024
The Bridal Council's impact lies in providing valuable content, trends, and insights into the luxury bridal industry. Through its charitable and educational efforts, it serves as a valuable resource for those interested in this sector. By offering management and administration programs in addition to industry information, The Bridal Council plays a significant role in shaping and enhancing the bridal industry landscape.
This information is meant to be a general summary of The Bridal Council. 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 2024.
- Investment Income: $11,705
- Program Service Revenue: $6,242
- Gross Receipts: $54,644
Assets and Liabilities:
- Total Assets: $164,681
- Total Liabilities: $0
- Net Assets: $164,681
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Organization Details
Founding Year
2016
Principal Officer
Michele Iacovelli
NTEE Category
Code: B01 - Education
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