Overview
What is Huntley Festival Foundation Inc?
Huntley Festival Foundation Inc, situated in Lake in the Hills, Illinois, is a nonprofit organization with a mission to unite the local community while raising funds for charitable organizations. Their primary activity revolves around organizing festivals, which serve as a gathering place for community members. The funds raised during these events are then donated to various charitable organizations, thereby extending their reach beyond the festival itself. The foundation's goal is to positively impact the community while providing support to charitable organizations in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Huntley Festival Foundation Inc has received a commendable Three-Star rating from Charity Navigator, primarily due to its strong accountability and finance measures. The foundation’s score reflects a perfect 100% for the independence of its board members, indicating a fully independent governance structure, which is a crucial factor in ensuring unbiased decision-making and financial integrity.
Additionally, the organization has demonstrated excellent fiscal responsibility, with a program expense ratio of 96.06%, suggesting that the majority of its funds are allocated directly to its programs rather than administrative costs. The foundation has also established comprehensive policies for whistleblower protection and document retention, further reinforcing its commitment to transparency and ethical management.
While the overall score is solid, it is calculated entirely from a single beacon score focused on accountability and finance. This indicates that further information on other operational aspects, such as impact measurement and community feedback, could enhance the understanding of the foundation's overall effectiveness and areas for growth.
This AI summary has been generated from information found on Charity Navigator.
Is Huntley Festival Foundation Inc legitimate?
Huntley Festival Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Huntley Festival Foundation 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: $0
For more financial information, click here
What is the mission statement of Huntley Festival Foundation Inc?
The Huntley Festival Foundation Inc's mission is centered around uniting the community and raising funds for charitable organizations. By organizing festivals, the foundation aims to foster a sense of unity and fellowship among its participants. The primary objective of these events is to generate funds for various charitable organizations, thereby extending aid to those in need. The foundation's activities serve as a platform for community engagement and philanthropy.
Who is the CEO of Huntley Festival Foundation Inc?
Sean Cratty is the Treasurer of Huntley Festival Foundation Inc.
What is the revenue of Huntley Festival Foundation Inc?
Huntley Festival Foundation Inc's revenue in 2022 was $85,050.
Who are the executives of Huntley Festival Foundation Inc and what are their salaries?
There 150 volunteers at Huntley Festival Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Huntley Festival Foundation Inc?
Huntley Festival Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Huntley Festival Foundation Inc
The Huntley Festival Foundation Inc is an organization with a mission to unite the community and contribute to charitable causes. Their primary objective is to organize festivals that serve as a gathering point for the community while raising funds for various charitable organizations. By bringing people together and harnessing the collective power of community engagement, the Huntley Festival Foundation Inc aims to make a positive impact on societal issues and support those in need.
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Impact
October, 2024
Huntley Festival Foundation Inc fosters community cohesion through its annual festival, which serves as a platform for bringing residents together in celebration. By organizing events that engage local residents, the foundation not only enhances community spirit but also creates an opportunity for social interaction and collaboration among diverse groups.
In addition to strengthening community ties, the foundation allocates funds raised during the festival to various charitable organizations. This financial support helps address local needs and contributes to community improvement initiatives. Through its efforts, Huntley Festival Foundation Inc plays a crucial role in enhancing the quality of life in Lake in the Hills, Illinois, by promoting a culture of giving and collaboration.
This information is meant to be a general summary of Huntley Festival Foundation 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: $378
- Gross Receipts: $293,239
Assets and Liabilities:
- Total Assets: $131,931
- Total Liabilities: $0
- Net Assets: $131,931
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Organization Details
Founding Year
2021
Phone
(224) 241-8518Principal Officer
Sean Cratty
Main Address
331 WINSLOW WAY, LAKE IN THE HILLS, IL, 60156
NTEE Category
Code: S20 - Community improvement
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