Overview
What is Fundacion Vallenata Usa Corporation?
Fundacion Vallenata Usa Corporation is a nonprofit organization with a primary focus on celebrating and propagating the rich cultural heritage of Vallenato Music, originating from Colombia. This foundation aims to promote and develop the music's values, songs, stories, and history on a national and international scale. By doing so, they act as advocates for Colombian Vallenato Music, ensuring its continued growth and appreciation across various platforms.
Official website here: www.fundacionvallenatausa.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
Fundacion Vallenata Usa Corporation has received a low rating of 36% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has received full points for having a majority of independent board members and for maintaining no material diversion of assets. However, it lacks essential governance policies, such as a conflict of interest policy and a whistleblower policy, which severely impacts its overall score.
The organization's financial health is also a concern, with a program expense ratio of only 13.45%, indicating that a minimal portion of its budget is allocated to its charitable programs. Additionally, the liabilities to assets ratio stands at 0.00%, which may suggest a lack of financial resources to cover potential obligations. While it has positive aspects like the transparency of its governance structure, the missing documents and low program spending raise red flags about its operational effectiveness.
In summary, while Fundacion Vallenata Usa Corporation shows strength in board composition and transparency in certain areas, the overall low score highlights critical gaps in its governance and financial management. Prospective donors and supporters should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fundacion Vallenata Usa Corporation?
84% of 10 reviewers on Facebook recommend Fundacion Vallenata Usa Corporation. Here is a summary of their reviews:
The organization is recognized for its commitment to promoting and conserving the Vallenato folkloric tradition both nationally and internationally. Supporters appreciate the various initiatives the foundation undertakes, including festivals, workshops, presentations, and music classes aimed at celebrating this unique cultural expression.
Overall, those who have engaged with Fundacion Vallenata Usa Corporation express satisfaction with its efforts in preserving and sharing Vallenato music, indicating that the nonprofit effectively fulfills its mission.
This AI summary has been generated from reviews found on Facebook.
Is Fundacion Vallenata Usa Corporation legitimate?
Fundacion Vallenata Usa Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundacion Vallenata Usa Corporation 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
Official website here: www.fundacionvallenatausa.com
What is the mission statement of Fundacion Vallenata Usa Corporation?
The Fundacion Vallenata Usa Corporation's mission is centered around promoting and advocating for Colombian Vallenato Music. This includes fostering the values and essentials of this musical genre, both domestically and globally. The foundation aims to share the songs, stories, history, and anecdotes of Vallenato Music, thereby promoting its cultural significance. In essence, their mission is to elevate and celebrate Colombian Vallenato Music on a broader scale.
Official website here: www.fundacionvallenatausa.com
Who is the CEO of Fundacion Vallenata Usa Corporation?
Juan David Payares is the Vicepresident of Fundacion Vallenata Usa Corporation.
Official website here: www.fundacionvallenatausa.com
What is the revenue of Fundacion Vallenata Usa Corporation?
Fundacion Vallenata Usa Corporation's revenue in 2022 was $37,899.
Official website here: www.fundacionvallenatausa.com
Who are the executives of Fundacion Vallenata Usa Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fundacionvallenatausa.com
Where can I find the form 990 for Fundacion Vallenata Usa Corporation?
Fundacion Vallenata Usa Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fundacionvallenatausa.com
Learn more at the official website: www.fundacionvallenatausa.com
Mission Statement of Fundacion Vallenata Usa Corporation
Fundacion Vallenata Usa Corporation is a dedicated nonprofit organization with a mission to promote and celebrate Colombian Vallenato Music on a national and international scale. Their purpose is twofold: to promote the music itself and to disseminate its values, history, myths, and anecdotes. This foundation is committed to elevating the status of Vallenato Music, a genre deeply rooted in Colombia's culture, and sharing its essence with the world. By promoting Colombian Vallenato Music, Fundacion Vallenata Usa Corporation aims to preserve and honor this cherished aspect of Colombian heritage.
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Impact
August, 2024
Fundacion Vallenata Usa Corporation's impact lies in its dedication to promoting, developing, and disseminating the values and essence of Vallenato Music nationally and internationally. By showcasing the songs, myths, history, and anecdotes of Vallenato Music, the foundation plays a crucial role in preserving Colombian cultural heritage and promoting Vallenato Music on a global platform. Through their efforts, Fundacion Vallenata Usa Corporation contributes to the enrichment and appreciation of Colombian Vallenato Music, ensuring its continued legacy for future generations.
This information is meant to be a general summary of Fundacion Vallenata Usa Corporation. 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.
- Gross Receipts: $37,899
Assets and Liabilities:
- Total Assets: -$35,820
- Total Liabilities: $0
- Net Assets: -$35,820
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Organization Details
Founding Year
2016
Principal Officer
Juan David Payares
Main Address
9340 SW 118TH PL, Miami, FL, 33186
NTEE Category
Code: P20 - Human services
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