Gran Parada Dominicana De El Bronx
- Assets
- $11.4k
- Revenue
- $58.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 13-3595348
Organization Overview
Gran Parada Dominicana De El Bronx is located in Bronx, NY. The organization was established in 2004. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, 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. Gran Parada Dominicana DE El Bronx 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 12/2021, Gran Parada Dominicana DE El Bronx generated $58.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $111.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESENT THE CULTURE AND TRADITION TO THE DOMINICAN PEOPLE ANDOTHER NATIONALITIES RESIDING IN THE UNITED STATES AND ABROAD. THE MAJORPROGRAM IS RUNNED IN THE COUNTY OF THE BRONX,ON ONE OF TH MAIN STREET, NEW YORK
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PREPARES SPECIAL EVENTS TO PROMOTE THE GRAND PARADEWHICH IS DONE ONCE EVERY YEAR. THERE ARE EVENTS PREPARED TO RAISE FUNDSLIKE BANQUESTS, MUSIC PERFOMANCES AND ENCOUNTERS. THE ORGANIZATIONALSO GIVE AWAY SCHOLARSHIP TO NEEDED CHILDREN WHO WILL ENTER TOCOLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose A Ortiz Garcia Vice President | OfficerTrustee | 20 | $0 |
Aura Rosario Vice-President | Officer | 0 | $0 |
Felipe Febles President | Officer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $58,462 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,462 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,094 |
| Office expenses | $9,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,525 |
| All other expenses | $77,804 |
| Total functional expenses | $111,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $700 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,421 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,398 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $92,437 |
| Other liabilities | $0 |
| Total liabilities | $92,437 |
| Net assets without donor restrictions | -$81,039 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,398 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gran Parada Dominicana De El Bronx has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Key Food Stores Foundation Inc Matawan, NJ PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National September 11 Memorial And Museum At The World Trade Center New York, NY | $601,946,963 | $89,488,435 |
Welcome America Inc Philadelphia, PA | $233,400 | $2,511,087 |
Scoa Inc Southampton, NY | $1,446,191 | $1,687,699 |
Boilermaker Road Race Inc Utica, NY | $3,269,163 | $333,916 |
Greater Hartford Festival Of Jazz Hartford, CT | $9,562 | $523,528 |
Festivals In Meriden Meriden, CT | $62,425 | $440,338 |
Ground Zero 360 Inc New York, NY | $949,074 | $512,424 |
Veterans Monument Foundation Of Whitemarsh Lafayette Hill, PA | $27,304 | $0 |
Boston 4 Celebrations Foundation Inc Boston, MA | $3,479,513 | $3,413,713 |
Southampton Days Committee Inc Southampton, PA | $81,366 | $244,344 |
Fort Ligonier Days Inc Ligonier, PA | $419,447 | $287,907 |
The Cooperage Project Honesdale, PA | $232,529 | $284,596 |