Overview
What is The Park Street Foundation?
The Park Street Foundation, located at 20 Park Street, Concord, NH 03301, is a dedicated nonprofit organization. Its primary mission is to enhance the library collection, technological capabilities, continuing education programs, and preservation activities. By investing in these areas, the foundation aims to support and improve the operations of the library, ultimately contributing to the betterment of the community.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Park Street Foundation has received an 88% score from Charity Navigator, indicating a solid performance in the Accountability & Finance category. The foundation's strong governance is highlighted by its fully independent board, which consists of four members, and its impressive program expense ratio of 99.21%, suggesting that nearly all of its expenditures are directed towards its mission.
Strengths noted in the evaluation include the absence of material diversions of assets and the foundation's well-documented financial statements. However, there are areas for improvement, such as missing policies on whistleblowing and document retention, as well as the absence of the tax form on their website, which could impact transparency.
Overall, while The Park Street Foundation demonstrates strong financial health and governance, the missing policies may limit its accountability and transparency aspects. Addressing these limitations could enhance its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Park Street Foundation legitimate?
The Park Street Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Park Street Foundation 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.none
What is the mission statement of The Park Street Foundation?
The Park Street Foundation's mission is centered around enhancing various aspects of a library's operations. This includes expanding its collection of resources, improving its technical capabilities, providing continuing education programs, and engaging in preservation activities. The organization aims to elevate the library's offerings and ensure its continued operation, thereby contributing to the intellectual growth and knowledge of its users.
Official website here: www.none
What is the revenue of The Park Street Foundation?
The Park Street Foundation's revenue in 2024 was $897,169.
Official website here: www.none
Who are the executives of The Park Street Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of The Park Street Foundation
The Park Street Foundation, as a nonprofit entity, is committed to enhancing various aspects of a library's operations. Their mission encompasses the expansion of library collections, the augmentation of technological capabilities, the cultivation of continuing education programs, and the promotion of preservation activities. By focusing on these areas, The Park Street Foundation strives to elevate the library's offerings and ensure its continued relevance in the community.
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Impact
July, 2024
The Park Street Foundation's impact is significant in enhancing library collections, technological capacities, continuing education programs, preservation activities, and operations of the library in Concord, NH. Through their efforts to improve these key aspects, they are contributing to the advancement of education and knowledge within the community.
This information is meant to be a general summary of The Park Street Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $897,169
- Gross Receipts: $897,169
Assets and Liabilities:
- Total Assets: $404,410
- Total Liabilities: $0
- Net Assets: $404,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE - DOWNLOADABLE BOOKS
Revenue
$672,379
REVENUE - LEGISLATIVE CONF
Revenue
$66,698
REVENUE - NHAIS LOCAL
Revenue
$48,420
REVENUE - ANCESTRY
Revenue
$39,035
REVENUE - MOVIE LICENSING
Revenue
$35,032
Organization Details
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