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North Carolina Freedom Park

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020733001 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is North Carolina Freedom Park?

North Carolina Freedom Park is a nonprofit organization devoted to recognizing and commemorating the African American community's journey towards freedom in North Carolina. To fulfill its mission, the organization collaborates with a design team to finalize the monument's design and building specifications. Established in Raleigh, North Carolina, the nonprofit aims to shed light on the African American experience, fostering awareness and support for this significant chapter in the state's history.


Official website here: www.ncfmp.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating

North Carolina Freedom Park has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in Accountability and Finance. The organization received a perfect score for having a fully independent board and demonstrated exemplary practices in financial oversight, with no material diversion of assets reported. The program expense ratio indicates that a significant portion of their funds is directed towards their mission, which is a positive indicator of their operational efficiency.

Despite these strengths, the organization has some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which are essential for transparency and governance. Additionally, there were issues with the timely distribution of tax forms to the board before filing, which could impact board oversight. These limitations, while not critical, suggest that there is room for enhanced organizational practices.

Overall, North Carolina Freedom Park showcases a solid commitment to accountability and resource management. Their high program expense ratio and financial health indicate they are effectively utilizing their resources to support their mission. Addressing the noted policy gaps would further strengthen their governance framework and enhance stakeholder confidence.


This AI summary has been generated from information found on Charity Navigator.

Is North Carolina Freedom Park legitimate?

North Carolina Freedom Park is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Freedom Park submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ncfmp.org

What is the mission statement of North Carolina Freedom Park?

The North Carolina Freedom Park's mission is centered around honoring the African American struggle for freedom in North Carolina. To achieve this, they aim to construct a monument that serves as a symbol of recognition for this significant historical experience. The organization works towards building awareness and garnering support for its mission. They collaborate with a design team to finalize the design and construction requirements, ensuring the monument accurately represents the African American journey towards freedom.


Official website here: www.ncfmp.org

What is the revenue of North Carolina Freedom Park?

North Carolina Freedom Park's revenue in 2023 was $46,731.


Official website here: www.ncfmp.org

Who are the executives of North Carolina Freedom Park and what are their salaries?

Here are 17 key members and their salaries:


Goldie Frinks Wells (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Warren (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Gallagher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Proctor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Coffey (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Dahlem (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald Hildebrand (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald Hodges (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Johnson (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Kubis (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Lovett (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddie Parker (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Quinn Wolf (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micheal Stevenson (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita Shearer-Swink (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Watts (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Thrope Ex Officio (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncfmp.org

Where can I find the form 990 for North Carolina Freedom Park?

North Carolina Freedom Park's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ncfmp.org

Learn more at the official website: www.ncfmp.org

Mission Statement of North Carolina Freedom Park

North Carolina Freedom Park is an organization with a mission to commemorate the African American struggle for freedom in the state. Their primary objective is to construct a monument that pays tribute to this significant historical journey. To ensure the success of their mission, they collaborate with a design team to finalize the monument's layout and building specifications. This monument serves as a symbol of awareness and appreciation for the African American experience in North Carolina.

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Impact




July, 2024

North Carolina Freedom Park's impact can be seen in the profound recognition and honoring of the African American experience and struggle for freedom in North Carolina. Through its mission to build a monument that serves as a symbol of this history, the organization is actively working to raise awareness and support for this crucial cause. The park aims to provide a space for reflection, education, and inspiration, making a significant contribution to the cultural landscape of Raleigh and the state as a whole.




This information is meant to be a general summary of North Carolina Freedom Park. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$46,731 (2023)
Expenses
$7,046,150 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,771
  • Gross Receipts: $46,731

Assets and Liabilities:

  • Total Assets: $7,298,473
  • Total Liabilities: $66,546
  • Net Assets: $7,231,927

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Organization Details

Founding Year

2004

Principal Officer

Ruth Davis Proctor

NTEE Category

Code: A84 - Arts

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