Overview
What is Wf Events Inc?
Wf Events Inc is a nonprofit organization situated in West Fargo, North Dakota, with an address at 745 31st Avenue East 105. Their primary mission is to enhance the community's quality of life by organizing and promoting events. They accomplish this by managing the West Fargo Sports Arena and leasing out facility space to local teams and groups, acting as an intermediary for the school district. Wf Events Inc employs a team of 124 individuals, dedicated to fulfilling their mission and contributing positively to the West Fargo community.
Official website here: www.westfargoevents.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Wf Events Inc has received a Two-Star rating from Charity Navigator, indicating that while there are some positive aspects to the organization, there are significant areas that require improvement. The organization has a solid program expense ratio of 90.90%, demonstrating a strong commitment to programmatic spending. Additionally, it boasts a fully independent board, which is a positive sign for governance and oversight.
However, there are critical shortcomings in terms of transparency and accountability. The organization has not provided financial statements, which is a major concern for potential donors looking to understand its financial health. Furthermore, key policies such as the whistleblower policy and document retention policy are missing, which could raise questions about operational integrity and best practices.
While Wf Events Inc has strengths in board independence and program expense management, the lack of financial reporting and necessary policies indicates that improvements are needed for better accountability and credibility. Donors should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Wf Events Inc legitimate?
Wf Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wf Events 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: $179,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $726,761
For more financial information, click here
Official website here: www.westfargoevents.com
What is the mission statement of Wf Events Inc?
Wf Events Inc is dedicated to serving its community by creating and promoting events. Their mission is to enhance the quality of life for the citizens and children of the city they serve, which is not specified in the provided information. To achieve this, Wf Events Inc provides services to the local city, school district, and park district. One of their key responsibilities is managing the West Fargo Sports Arena and leasing out facility space to local teams and groups. This helps to foster a sense of community and provide entertainment options for the area.
Official website here: www.westfargoevents.com
What is the revenue of Wf Events Inc?
Wf Events Inc's revenue in 2023 was $2,261,883.
Official website here: www.westfargoevents.com
Who are the executives of Wf Events Inc and what are their salaries?
The average compensation at Wf Events Inc during 2023 was $4,669. There are 194 employees and 300 volunteers at Wf Events Inc.
Here are 10 key members and their salaries:
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- Compensation: $143,855
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- Other: $35,177
Official website here: www.westfargoevents.com
Where can I find the form 990 for Wf Events Inc?
Wf Events Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.westfargoevents.com
Learn more at the official website: www.westfargoevents.com
Mission Statement of Wf Events Inc
Wf Events Inc, a nonprofit organization, is dedicated to enhancing the community's quality of life by creating and promoting events. Its mission is to serve the City of West Fargo, its school district, and park district. Wf Events Inc strives to provide services that cater to the needs of its citizens and children, aiming to contribute positively to their lives. One of the ways it accomplishes this is by assisting in the management of the West Fargo Sports Arena. The organization rents out facility space to teams and groups within the West Fargo area and its surrounding communities, acting as a liaison on behalf of the school district. This initiative allows various groups to host events, thereby fostering a sense of community and engagement.
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Impact
July, 2024
Wf Events Inc's impact includes creating and promoting events for the surrounding community, particularly in the West Fargo area. The organization plays a key role in promoting and managing the West Fargo Sports Arena, providing facilities for teams and groups in the community. Through its activities, Wf Events Inc contributes to enhancing the quality of life in West Fargo and its surrounding areas, especially in relation to youth development.
This information is meant to be a general summary of Wf Events 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 2023.
- Investment Income: $6,537
- Program Service Revenue: $1,148,494
- Gross Receipts: $17,492,797
Assets and Liabilities:
- Total Assets: $917,532
- Total Liabilities: $284,313
- Net Assets: $633,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
City Arena and Ramp Management
Revenue
$396,084
Event Promotion Revenue
Revenue
$247,958
Theater
Revenue
$209,337
Program Service Rental Income
Revenue
$117,303
Contract Wage Reimbursement Reven
Revenue
$90,590
Organization Details
Founding Year
2016
Principal Officer
Mike Amundson
Website
www.westfargoevents.comNTEE Category
Code: O50 - Youth development
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