Onset Cape Verdean Festival Association
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Onset, MA
- Founding
- 02/2010
- Data as of
- 12/2018
- EIN
- 04-3762168
Organization Overview
Onset Cape Verdean Festival Association is located in Onset, MA. The organization was established in 2010. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Onset Cape Verdean Festival Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Onset Cape Verdean Festival Association generated $44.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $43.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Joia Jr Director | 10 | $0 | |
Lynn Spinola Secretary | 3 | $0 | |
Yvonne Gonsalves Director | 5 | $0 | |
John Donahue Treasurer | 8 | $0 | |
Michael Roderick President | 15 | $0 | |
Henrietta Semedo Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,200 |
| Total Program Service Revenue | $28,102 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23 |
| Total Revenue | $44,326 |
| Statement of Expenses | |
|---|---|
| Total expenses | $43,935 |
| Balance Sheet | |
|---|---|
| Total assets | $8,471 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,471 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Onset Cape Verdean Festival Association has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $1,000 |
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