Rio Grande Valley Celtic Festival Association

Nonprofit profile at a glance

EIN
850368663
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024, Form 990-N 2010
Location
Albuquerque, NM, USA
Phone
5052594691
Rating
94
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$74,594
Expenses
$77,363
Assets
$98,823
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • PETER MCKENNA (VICE PRESIDENT)

People named in this filing

  • PETER MCKENNA (VICE PRESIDENT)
  • THOMAS HILL (SECRETARY)
  • NATHANIEL LORENZ (TREASURER)

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

Form 990-ez, part iii, primary exempt purpose - the purpose of the organization is the cultural and educational preservation of celtic culture and providing a venue for musicians, dancers, athletes, pipers, oral historians, etc. To hone their skills, compete, and share traditional and cultural experiences.

What it reported doing in 2024

990-ez, part iii, line 28, program service accomplishments: the rio grande valley celtic festival, highland and irish games is a celebration of the seven celtic nations and provides celtic music, entertainment, bagpiping, dancing, heavy athletics, rugby, irish hurling, celtic dogs (in review and herding demonstrations), and family history. The festival introduces, celebrates, and holds traditional and cultural demonstrations for approximately 6,500 members of the public who have historically attended this event.

Operating model

Revenue model
Donor-supported. 91% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.4%; rating input score 96

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: -3.7%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 1.28; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: 12.6% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2013 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: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.