Overview
What is Walnut Festival Association?
The Walnut Festival Association, situated in Walnut Creek, California, is a dedicated nonprofit organization. Their primary objective is to generate funds for community use, which they accomplish by orchestrating the Walnut Festival and associated events. These events function as effective platforms, enabling them to amass additional resources. Any surplus funds are then distributed to the Walnut Creek community to benefit local residents. The association's mission to contribute to the community's well-being is evident through their commendable efforts.
Is Walnut Festival Association legitimate?
Walnut Festival Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Walnut Festival Association 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: $120,570
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What is the mission statement of Walnut Festival Association?
The Walnut Festival Association's mission is centered around raising funds for communal purposes. They accomplish this by organizing the Walnut Festival and associated events, acting as platforms to amass additional resources. Any surplus funds are then channeled back into the community.
What is the revenue of Walnut Festival Association?
Walnut Festival Association's revenue in 2024 was $312,080.
Who are the executives of Walnut Festival Association and what are their salaries?
The average compensation at Walnut Festival Association during 2024 was $120,570. There is 1 employee and 19 volunteers at Walnut Festival Association.
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 Walnut Festival Association?
Walnut Festival Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Walnut Festival Association
The Walnut Festival Association, an organization based on community service, seeks to raise funds for communal purposes. They achieve this goal by orchestrating the Walnut Festival and associated events, serving as valuable platforms to amass additional resources. Once they surpass their financial requirements, they generously donate any excess funds to the community residing in Walnut Creek, CA.
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Impact
October, 2024
The Walnut Festival Association significantly impacts the Walnut Creek community by organizing the Walnut Festival and related events, which serve as vital platforms for fundraising. These events not only provide entertainment and recreation for residents but also generate essential resources that benefit local initiatives. Any excess funds raised are directly donated back to the community, addressing various needs and enhancing the quality of life for the residents of Walnut Creek, CA. Through its activities, the Walnut Festival Association fosters community engagement, supports local programs, and creates a sense of unity among residents.
This information is meant to be a general summary of Walnut Festival Association. 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 2024.
- Program Service Revenue: $312,080
- Gross Receipts: $312,080
Assets and Liabilities:
- Total Assets: $548,572
- Total Liabilities: $7,779
- Net Assets: $540,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WALNUT FESTIVAL/CRAB FEED
Revenue
$312,080
Organization Details
Principal Officer
Eric Lagomarsino
NTEE Category
Code: N52Z - Recreation
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