Fort Lauderdale St Patrick's Day Parade and Festival Inc
Nonprofit profile at a glance
- EIN
- 271150497
- IRS 990-EZ coverage
- 2010–2014
- Forms available
- Form 990-EZ 2014
- Location
- Fort Lauderdale, FL, USA
- Phone
- 9544636574
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fairs
Reported finances
- Revenue
- $194,718
- Expenses
- $180,326
- Assets
- $50,392
- Liabilities
- $15,000
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- CHRIS WREN (PRESIDENT)
People named in this filing
- CHRIS WREN (PRESIDENT)
- TIM MCGOVERN (VP/SECRETARY)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of this organization is to support the volunteer presentation of the annual st. Patrick's day parade and festival, improving the general welfare of the community and providing support to registered qualified tax exempt organizations for educational and community service purposes for people of all ages.
What it reported doing in 2014
The organization held its fifth event, the 2014 ft. Lauderdale st. Patrick's day parade and festival on march 14, 2015. An estimated 16,000 spectators attended the event that included over 100 parade entries and hundreds of elected officials, clergy, veterans, and community leaders.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.9%; rating input score 92
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.4%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 11% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 33.9% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 91.9% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $179K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2014
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.