Charity Review

Issued: April 2013 Expires: July 2015

Portland Rose Festival Foundation

Standards Not Met
 
(503) 227-2681 1020 SW Naito Pkwy, Portland OR 97204-3203 www.rosefestival.org

Standards for Charity Accountability

Governance
  1. 1. Board Oversight
  2. 2. Board Size
  3. 3. Board Meetings
  4. 4. Board Compensation
  5. 5. Conflict of Interest
Measuring Effectiveness
  1. 6. Effectiveness Policy
  2. 7. Effectiveness Report
Finances
  1. 8. Program Expenses
  2. 9. Fund Raising Expenses
  3. 10. Accumulating Funds
  4. 11. Audit Report
  5. 12. Detailed Expense Breakdown
  6. 13. Accurate Expense Reporting
  7. 14. Budget Plan
Fund Raising & Info
  1. 15. Truthful Materials
  2. 16. Annual Report
  3. 17. Website Disclosures
  4. 18. Donor Privacy
  5. 19. Cause Marketing Disclosures
  6. 20. Complaints
  1. Conclusions
  2. Purpose
  3. Programs
  4. Fund Raising
  5. Tax Status
  6. Financial
Conclusions

Portland Rose Festival Foundation does not meet the following 2 Standards for Charity Accountability.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Portland Rose Festival Foundation does not meet this standard because:

Portland Rose Festival Foundation does not meet Standard 16 because its annual report does not provide a financial review that includes total revenue; total expenses; program, fundraising and administrative expense totals; and ending net assets.

Standard 17: Website Disclosures - Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

Portland Rose Festival Foundation does not meet this standard because:

Portland Rose Festival Foundation does not meet Standard 17 because its website, www.rosefestival.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it did not include a link to the organization's most recent IRS Form 990.

Purpose

The Portland Rose Festival Foundation is a non-profit that serves families and individuals with programs and events that promote the arts, education and volunteerism. We value environmental responsibility, diversity, patriotism and our historic & floral heritage.

Business incorporated: 04/18/1934 in OR

Programs

The Portland Rose Festival Foundation produces events and programs that make Portland a better place to live and visit. A sampling of the program activities offered include:
- Three parades that provide performance opportunities for youth bands and dance teams as well as all-floral works of art (parade floats)
- Rose Festival Court scholarships
- Mentorship and community outreach programs
- Rose Festival Living History program in local elementary schools -"Cleanest & Greenest Festival" environmental programs

Fund Raising
Method(s) used: Direct Mail Appeals Invitations to Fundraising Events Television Appeals Grant Proposals Internet Appeals Planned Giving Arrangements Cause-Related Marketing Membership Appeals

% of Related Contributions on Fundraising: 5.45%

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

Financial

The following information is based on Portland Rose Festival Foundation's Audited Financial Statements for the fiscal year ending Thursday, October 31, 2013.

Source of Funds
Admissions $559,587.00
Auction $154,658.00
Bargain lease $76,000.00
Carnival $450,349.00
Donations $159,243.00
Entry fees $163,692.00
Exhibit fees $54,735.00
Food and beverages $282,519.00
In-Kind Donations $2,102,453.00
Interest $266.00
Souvenirs and merchandise $86,475.00
Sponsorships $1,133,844.00
Other activities $97,840.00
Total Income: $5,321,661.00
 
Fusion Chart
 
Program Expenses: $4,997,087.00
Fundraising Expenses: $185,092.00
Administrative Expenses: $185,768.00
Total Expenses: $5,367,947.00
 
Expenses in Excess of Income: $46,286.00
 
Beginning Net Assets: $2,439,280.00
Ending Net Assets: $2,392,994.00
Total Liabilities: $260,024.00
Total Assets: $2,653,018.00


An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Standards Legend

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  • Standards Not Met IconStandards Not Met
  • Did Not Disclose IconDid Not Disclose
  • Review in Progress IconReview in Progress
  • Unable to Verify IconUnable to Verify
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Standard 16: Annual Report


Description:

Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Portland Rose Festival Foundation does not meet meet this standard because:

Portland Rose Festival Foundation does not meet Standard 16 because its annual report does not provide a financial review that includes total revenue; total expenses; program, fundraising and administrative expense totals; and ending net assets.

Close

Standard 17: Website Disclosures


Description:

Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

Portland Rose Festival Foundation does not meet meet this standard because:

Portland Rose Festival Foundation does not meet Standard 17 because its website, www.rosefestival.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it did not include a link to the organization's most recent IRS Form 990.