Paradise Chocolate Fest Inc is located in Chico, CA. The organization was established in 2010. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paradise Chocolate Fest Inc 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 12/2022, Paradise Chocolate Fest Inc generated $38.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $79.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONDUCT A SERIES OF FUNDRAISING EVENTS CENTERED ON THE HOSTING OF THE ANNUAL PARADISE CHOCOLATE FESTIVAL. PROFITS ARE DONATED TO LOCAL YOUTH ORGANIZATIONS AS SHOWN ON LIST OF GRANTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Swim President | 10 | $0 | |
Hope Stambaugh Vice President | 3 | $0 | |
Jessica Cummings Director | 0 | $0 | |
Les Cummings Director | 0 | $0 | |
Carol Peterson Director | 2 | $0 | |
Dana Donnellan Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,709 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$34,513 |
| Other Revenue | $0 |
| Total Revenue | $38,196 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,803 |
| Professional fees and other payments to independent contractors | $2,149 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,043 |
| Other expenses | $15,547 |
| Total expenses | $79,924 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,531 |
| Other assets | $0 |
| Total assets | $62,031 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,031 |