Borrego Festivals Foundation

Nonprofit profile at a glance

EIN
461232990
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Borrego Springs, CA, USA
Phone
7607675555
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Physical Fitness and Community Recreational Facilities

Reported finances

Revenue
$39,889
Expenses
$39,948
Assets
$1,016

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Dan Wright (President & CEO)
  • Fred Jee (Vice President)

People named in this filing

  • Dan Wright (President & CEO)
  • Fred Jee (Vice President)
  • Matthew Nothelfer (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Borrego Festivals Foundation has been created as a California Nonprofit Public Benefit Corporation with the educational and charitable purpose of funding, organizing, and promoting sports and recreation, visual and performing arts, volunteer motivation and leadership development projects, and other programs that contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.

What it reported doing in 2024

The Festival Foundation sponsors the Borrego Days community event held by the Borrego Chamber of Commerce to contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 100
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.5%; rating input score 98
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -0.1%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 48th percentile among comparable filings
  • Revenue growth: -3.6% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -10.7% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 97.5% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.