Corvallis Fall Festival Inc
Nonprofit profile at a glance
- EIN
- 931135963
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Corvallis, OR, USA
- Phone
- 5417529655
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $179,239
- Expenses
- $171,734
- Assets
- $145,857
- Liabilities
- $1,331
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- GEORGE ABELE (PRESIDENT)
- TRAVIS OEFELEIN (PAST PRESIDENT)
People named in this filing
- INGE KING (BOARD MEMBER)
- DRU MARCHBANKS (BOARD MEMBER)
- MALINDA CHOITZ (BOARD MEMBER)
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
Provide an arts and crafts festival.
What it reported doing in 2024
Arts and crafts festival. Served approximately 20,000 people over a two day period.the entire festival experience-two stages of quality performances, 176 booths of exceptional art, rare opportunities to engage with makers, art-making opportunities for families, and the saturday night street dance-is accessible, free of charge and welcoming to all.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 34
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.7%; rating input score 33
- Program expense ratio: 34.6%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.2%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 34.1%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 23.4% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 32.7% of revenue deployed · 34.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $59K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.