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Pasadena Tournament Of Roses Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953915725 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

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Overview

What is Pasadena Tournament Of Roses Foundation?

The Pasadena Tournament of Roses Foundation, established in 1983, is a nonprofit organization based in Pasadena, California, specifically at 391 S Orange Grove Blvd, CA 91184. The foundation serves the local community by managing contributions from various sources and providing funding for programs in sports and recreation, visual and performing arts, and education. Its mission is to support charities in the Pasadena area, aiming to enrich the lives of residents through diverse cultural and educational initiatives. The foundation's activities include managing the famous Pasadena Rose Parade and Rose Bowl Game, as well as investing in local community projects and programs that promote a vibrant and engaging quality of life in the Pasadena area.


Official website here: www.pasadenatournamentofroses.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

The Pasadena Tournament of Roses Foundation has received an 81% rating, showcasing a strong commitment to accountability and finance. The evaluation reflects a solid performance in organizational governance, with a fully independent board and well-documented policies for conflict of interest, whistleblower protections, and document retention. These factors contribute to its overall positive score in accountability.

Strengths of the foundation include a high program expense ratio of 83.59%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. The foundation has also shown financial stability, with a low liabilities to assets ratio of 0.15%, suggesting prudent financial management. The transparency in its operations is further evidenced by the availability of meeting minutes and a listed website on tax forms.

While the foundation exhibits numerous strengths, prospective donors or supporters may want to explore specific program impacts or success stories to better understand the effectiveness of its initiatives. Overall, the Pasadena Tournament of Roses Foundation demonstrates a reliable level of governance and financial health.


This AI summary has been generated from information found on Charity Navigator.

Is Pasadena Tournament Of Roses Foundation legitimate?

Pasadena Tournament Of Roses Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pasadena Tournament Of Roses Foundation 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.pasadenatournamentofroses.com

What is the mission statement of Pasadena Tournament Of Roses Foundation?

The Pasadena Tournament of Roses Foundation, established in 1983, is dedicated to supporting charities in various sectors. Specifically, it funds programs in sports and recreation, visual and performing arts, and education. Its mission, as stated, is to receive and manage contributions from various sources and allocate these resources towards improving the quality of life in the community by supporting charitable initiatives in these areas. The foundation aims to foster an environment that encourages creativity, promotes physical activity, and enhances educational opportunities for all members of the community.


Official website here: www.pasadenatournamentofroses.com

Who is the CEO of Pasadena Tournament Of Roses Foundation?

Carlos Illingworth is the Executive Director of Pasadena Tournament Of Roses Foundation.


Official website here: www.pasadenatournamentofroses.com

What is the revenue of Pasadena Tournament Of Roses Foundation?

Pasadena Tournament Of Roses Foundation's revenue in 2022 was $598,174.


Official website here: www.pasadenatournamentofroses.com

Who are the executives of Pasadena Tournament Of Roses Foundation and what are their salaries?


Here are 19 key members and their salaries:


Mark S Harmsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Gordon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Rparrish (Treasurer-Dod 7/28/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Lyons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine E Harris (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Flynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Woolley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Birnie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Bowie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krysty Leckrone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Madsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Shamim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Yanish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi Evers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Hornberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Madigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Knapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Illingworth (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey J Allen (Finance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pasadenatournamentofroses.com

Where can I find the form 990 for Pasadena Tournament Of Roses Foundation?

Pasadena Tournament Of Roses Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pasadenatournamentofroses.com

Learn more at the official website: www.pasadenatournamentofroses.com

Mission Statement of Pasadena Tournament Of Roses Foundation

The Pasadena Tournament of Roses Foundation, established in 1983, serves as a conduit for contributions from the Pasadena Tournament of Roses Association, its supporters, and the general public. This foundation's primary mission is to support charities in diverse sectors, including sports and recreation, visual and performing arts, and education programs, within the Pasadena area. By funding these programs, the foundation aims to foster a vibrant and enriching community for all residents. The Pasadena Tournament of Roses Foundation is dedicated to making a significant impact on the local community, ensuring that it remains a thriving hub of cultural, educational, and recreational activities for years to come.

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Impact




June, 2024

Pasadena Tournament of Roses Foundation has a significant impact on the Pasadena community by funding programs in sports and recreation, visual and performing arts, and education. Established in 1983, the foundation receives and manages contributions from the Pasadena Tournament of Roses Association, its supporters, and the general public to support local charities. By focusing on these key areas, the foundation helps to enhance the quality of life for residents in Pasadena and promote a thriving community.




This information is meant to be a general summary of Pasadena Tournament Of Roses Foundation. 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.

Revenue
$598,174 (2022)
Expenses
$237,682 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $344,667
  • Gross Receipts: $1,287,970

Assets and Liabilities:

  • Total Assets: $3,603,278
  • Total Liabilities: $5,479
  • Net Assets: $3,597,799

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Organization Details

Founding Year

1983

Principal Officer

Carlos Illingworth

Main Address

391 S ORANGE GROVE BLVD, PASADENA, CA, 91184

NTEE Category

Code: C42 - Environment

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