Overview
What is Colorado Dragon Boat Aka Colorado Dragon Boat Festival?
Colorado Dragon Boat, also known as the Colorado Dragon Boat Festival, is an annual event situated in Wheat Ridge, Colorado. This nonprofit organization celebrates the Asian-Pacific American presence and heritage in Colorado, offering a variety of cultural attractions including dragon boat festivities and Asian movies. The main focus of the festival is to highlight the rich cultural heritage of this community, fostering unity and understanding among different cultures. The nonprofit employs a small team of individuals, dedicated to organizing and executing this significant cultural event each year.
Official website here: www.cdbf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Colorado Dragon Boat, also known as the Colorado Dragon Boat Festival, has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity achieved a perfect score in several key areas, indicating robust governance practices and sound financial management. An impressive 100% of its board members are independent, which enhances its decision-making process and reduces potential conflicts of interest.
The organization also excels in maintaining a high program expense ratio of 89.26%, signifying that a significant portion of its funds directly support its programs and initiatives. Furthermore, it has established comprehensive policies including conflict of interest and whistleblower protections, ensuring ethical conduct and accountability within the organization. The charity's financial statements are not only reviewed, but it also demonstrates effective asset management with a low liabilities to assets ratio of 5.54%.
Despite the strong overall performance, the rating is derived solely from the accountability and finance beacon, which means that additional aspects such as impact or outcomes were not evaluated in this score. Overall, Colorado Dragon Boat stands out for its financial health and governance practices, making it a trustworthy organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Dragon Boat Aka Colorado Dragon Boat Festival legitimate?
Colorado Dragon Boat Aka Colorado Dragon Boat Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Dragon Boat Aka Colorado Dragon Boat Festival 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: $82,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,350
For more financial information, click here
Official website here: www.cdbf.org
What is the mission statement of Colorado Dragon Boat Aka Colorado Dragon Boat Festival?
The Colorado Dragon Boat Festival, also known as Colorado Dragon Boat Aka, is an annual event that serves as a celebration of Colorado's Asian-Pacific American presence and history. The festival features various cultural attractions, including dragon boat races, Asian movies, and other engaging activities, aimed at promoting and preserving Asian-Pacific cultural heritage. The event's mission is to foster unity and celebrate diversity, providing a platform for the Asian-Pacific community to showcase their culture and traditions.
Official website here: www.cdbf.org
Who is the CEO of Colorado Dragon Boat Aka Colorado Dragon Boat Festival?
Evan Hung is the Chair of Colorado Dragon Boat Aka Colorado Dragon Boat Festival.
Official website here: www.cdbf.org
What is the revenue of Colorado Dragon Boat Aka Colorado Dragon Boat Festival?
Colorado Dragon Boat Aka Colorado Dragon Boat Festival's revenue in 2022 was $670,035.
Official website here: www.cdbf.org
Who are the executives of Colorado Dragon Boat Aka Colorado Dragon Boat Festival and what are their salaries?
The average compensation at Colorado Dragon Boat Aka Colorado Dragon Boat Festival during 2022 was $87,934. There is 1 employee and 300 volunteers at Colorado Dragon Boat Aka Colorado Dragon Boat Festival.
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- Compensation: $74,246
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Official website here: www.cdbf.org
Where can I find the form 990 for Colorado Dragon Boat Aka Colorado Dragon Boat Festival?
Colorado Dragon Boat Aka Colorado Dragon Boat Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdbf.org
Learn more at the official website: www.cdbf.org
Mission Statement of Colorado Dragon Boat Aka Colorado Dragon Boat Festival
The Colorado Dragon Boat, also known as the Colorado Dragon Boat Festival, is a cultural event that aims to celebrate and honor Colorado's Asian-Pacific American presence and history. This annual celebration features various activities, including exhilarating dragon boat races, captivating Asian movies, and an array of other cultural attractions. The festival serves as a platform to showcase and preserve the rich cultural heritage of the Asian-Pacific American community in Colorado. By hosting this event, the Colorado Dragon Boat Festival plays a pivotal role in fostering understanding and appreciation for the diverse cultural backgrounds within the state.
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Impact
July, 2024
The Colorado Dragon Boat, also known as the Colorado Dragon Boat Festival, has had a significant impact on the community by celebrating Colorado's Asian-Pacific American presence and history through cultural festivities. The annual Dragon Boat and Film Festival showcases a range of activities such as dragon boat races, Asian movies, and other cultural attractions. This event not only promotes diversity and inclusion but also highlights the rich cultural heritage of the Asian-Pacific American community in Colorado. Through its activities and programs, the festival helps to foster cross-cultural understanding and appreciation while providing a platform for the community to come together and celebrate.
This information is meant to be a general summary of Colorado Dragon Boat Aka Colorado Dragon Boat Festival. 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: $81
- Program Service Revenue: $369,155
- Gross Receipts: $670,035
Assets and Liabilities:
- Total Assets: $572,216
- Total Liabilities: $2,310
- Net Assets: $569,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FESTIVAL
Revenue
$348,906
FILM
Revenue
$20,249
Organization Details
Founding Year
2000
Phone
(303) 953-7277Principal Officer
Evan Hung
Main Address
3000 YOUNGFIELD ST 140, WHEAT RIDGE, CO, 80215
Website
www.cdbf.orgNTEE Category
Code: N52 - Recreation
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