Overview
What is White Stone Project Inc?
White Stone Project Inc, based in Gaylord, Michigan, is a nonprofit organization with a mission to offer a family-friendly festival experience. Established in 2004, their flagship event is The Big Ticket Festival, which attracts 4,000 to 6,000 people annually. This three-day event aims to bring people together for an enjoyable, high-quality experience, allowing them to worship God, connect with one another, and strengthen their faith through music, community, and ministry. The nonprofit organization, with a team of three, seeks to uplift and inspire individuals through this unique festival initiative.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
White Stone Project Inc has earned a One-Star rating from Charity Navigator, reflecting a score of 58% based solely on its Accountability & Finance metrics. While the organization demonstrates strong practices in several areas, such as maintaining an independent board with 100% independent members and a high program expense ratio of 90.61%, its overall score is significantly impacted by a concerning liabilities to assets ratio of 3346.18%. This indicates potential financial risk and issues that could affect the sustainability of the organization.
The charity's strong points include effective governance, as evidenced by their documentation of board meeting minutes and lack of material diversion of assets. These factors suggest a commitment to transparency and responsible management. However, the high liabilities to assets ratio raises red flags about the financial health of the organization, which can undermine donor confidence and future operational effectiveness.
In summary, while White Stone Project Inc shows commendable accountability practices, the financial metrics present serious challenges that need to be addressed. Prospective donors may want to consider these factors carefully before contributing, as they could impact the charity's ability to carry out its mission long term.
This AI summary has been generated from information found on Charity Navigator.
Is White Stone Project Inc legitimate?
White Stone Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Stone Project 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: $36,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,694
For more financial information, click here
What is the mission statement of White Stone Project Inc?
White Stone Project Inc's mission is centered around organizing and hosting a family-friendly festival, known as The Big Ticket Festival. The primary purpose of this event is to offer an engaging experience where individuals can interact with the divine, strengthening their faith. This is achieved through music, community building, and spiritual ministry. The festival serves as a platform for connecting with like-minded individuals and fostering spiritual growth. Annually, White Stone Project draws a crowd of 4,000 to 6,000 people to this three-day event, held in Otesgo County.
Who is the CEO of White Stone Project Inc?
Becky Mason is the President of White Stone Project Inc.
What is the revenue of White Stone Project Inc?
White Stone Project Inc's revenue in 2022 was $740,360.
Who are the executives of White Stone Project Inc and what are their salaries?
The average compensation at White Stone Project Inc during 2022 was $40,533. There are 3 employees and 250 volunteers at White Stone Project Inc.
Here are 5 key members and their salaries:
- Compensation: $36,904
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for White Stone Project Inc?
White Stone Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of White Stone Project Inc
White Stone Project, a nonprofit organization, is committed to orchestrating a family-friendly festival experience. Their mission revolves around providing a platform where individuals can encounter the Living God, reinforce their faith, and foster a sense of community. This festival, named The Big Ticket Festival, serves as a hub for people to connect with one another, engage in worship, and draw strength from some of the most renowned Christian artists in the industry. Annually, White Stone Project attracts a crowd of 4,000 to 6,000 people to Otesgo County, offering them a three-day event filled with entertainment, spiritual growth, and bonding opportunities.
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Impact
July, 2024
The impact of White Stone Project Inc's Big Ticket Festival is profound, as it provides a unique and transformative experience for thousands of individuals each year. By bringing together people from various backgrounds and beliefs to worship, connect, and be inspired by Christian music and ministry, the festival creates a sense of community and togetherness. Participants have the opportunity to encounter the Living God in a family-friendly environment, fostering spiritual growth and encouragement in their faith. This event not only entertains and uplifts attendees, but also serves as a platform for strengthening relationships and fostering a sense of belonging among attendees.
This information is meant to be a general summary of White Stone Project 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.
- Program Service Revenue: $421,860
- Gross Receipts: $740,360
Assets and Liabilities:
- Total Assets: $20,939
- Total Liabilities: $493,058
- Net Assets: -$472,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Big Ticket Festival
Revenue
$421,860
Organization Details
Founding Year
2012
Principal Officer
Becky Mason
Main Address
PO Box 3009, Gaylord, MI, 49734
NTEE Category
Code: Z99 - Unknown
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