Overview
What is Albert & Amelia Ferst Operating Foundation?
The Albert & Amelia Ferst Operating Foundation is a nonprofit organization situated in the Greater Westfield Area. Its primary mission is to offer recreational opportunities, financial aid, and scholarships to local youth. This is achieved through various programs, which incur program expenses. By providing these resources, the foundation aims to support the growth and development of young individuals within the community.
Official website here: www.ameliaparkarena.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Albert & Amelia Ferst Operating Foundation has achieved an impressive 96% score, reflecting a strong commitment to accountability and finance. This high rating is derived entirely from the foundation's performance in the Accountability & Finance category, underscoring its dedication to sound financial practices and transparency.
One of the foundation's key strengths is its governance structure, featuring a board that is entirely independent, which contributes to its integrity in decision-making. The organization scores perfectly in several areas, including audit and oversight, conflict of interest policies, and the proper management of financial documents. Additionally, the program expense ratio of 89.18% indicates that a significant majority of its funds are directed towards its programs.
While the foundation exhibits several strengths, the data does not highlight specific programmatic impacts or outreach efforts, which could provide a more comprehensive view of its effectiveness in fulfilling its mission. Nonetheless, the solid financial management practices and governance structure suggest a well-run organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Albert & Amelia Ferst Operating Foundation?
78% of 8 reviewers on Facebook recommend the Albert & Amelia Ferst Operating Foundation. Here is a summary of their reviews:
The reviews indicate a positive sentiment towards the nonprofit, particularly highlighting a personal connection to ice skating and the appreciation for the community it fosters. One user mentions their own experiences and suggests offering beginner ice skating lessons, signaling an interest in enhancing community engagement and services. Overall, the organization seems to create a sense of nostalgia and respect among its supporters.
While the number of reviews is limited, the feedback suggests that users value the foundation's efforts and the potential for more programs in ice skating to benefit beginners, especially children. This indicates that the nonprofit is on the right track in appealing to the community and fostering recreational opportunities.
This AI summary has been generated from reviews found on Facebook.
Is Albert & Amelia Ferst Operating Foundation legitimate?
Albert & Amelia Ferst Operating Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albert & Amelia Ferst Operating 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,364
For more financial information, click here
Official website here: www.ameliaparkarena.org
What is the mission statement of Albert & Amelia Ferst Operating Foundation?
The Albert & Amelia Operating Foundation's mission is centered around providing recreational opportunities, financial aid, and scholarships to the youth residing in the Greater Westfield area. Their primary objective is to enhance the lives of these young individuals by offering them various recreational programs and providing necessary financial aid and scholarships. The foundation also covers program-related expenses to ensure the successful execution of their initiatives.
Official website here: www.ameliaparkarena.org
Who is the CEO of Albert & Amelia Ferst Operating Foundation?
Kevin Chrisanthopoulos is the Trustee of Albert & Amelia Ferst Operating Foundation.
Official website here: www.ameliaparkarena.org
What is the revenue of Albert & Amelia Ferst Operating Foundation?
Albert & Amelia Ferst Operating Foundation's revenue in 2022 was $966,760.
Official website here: www.ameliaparkarena.org
Who are the executives of Albert & Amelia Ferst Operating Foundation and what are their salaries?
The average compensation at Albert & Amelia Ferst Operating Foundation during 2022 was $8,172. There are 37 employees at Albert & Amelia Ferst Operating Foundation.
Here are 15 key members and their salaries:
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Official website here: www.ameliaparkarena.org
Where can I find the form 990 for Albert & Amelia Ferst Operating Foundation?
Albert & Amelia Ferst Operating Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ameliaparkarena.org
Learn more at the official website: www.ameliaparkarena.org
Mission Statement of Albert & Amelia Ferst Operating Foundation
The Albert & Amelia Ferst Operating Foundation is committed to providing recreational opportunities, financial aid, and scholarships to the youth residing in the Greater Westfield Area. This nonprofit organization's mission is to enhance the lives of young individuals by offering them various recreational activities that can foster growth and development. Furthermore, the foundation extends its support through financial aid and scholarships, helping to alleviate financial burdens and making education more accessible to deserving youth. By providing these resources, the Albert & Amelia Ferst Operating Foundation plays a significant role in empowering the youth in its community, enabling them to pursue their passions and achieve their goals.
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Impact
July, 2024
The Albert & Amelia Ferst Operating Foundation's impact can be seen in the opportunities they provide to the youth of the Greater Westfield Area. By offering recreational activities, financial aid, and scholarships, they support the development and growth of young individuals in the community. Their focus on empowering youth through various programs demonstrates a commitment to enriching the lives of the next generation in Westfield, MA.
This information is meant to be a general summary of Albert & Amelia Ferst Operating 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 2022.
- Investment Income: $16,530
- Program Service Revenue: $893,239
- Gross Receipts: $1,016,915
Assets and Liabilities:
- Total Assets: $6,781,303
- Total Liabilities: $275,344
- Net Assets: $6,505,959
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE RENTALS
Revenue
$735,194
CONCESSIONS AND VENDING MACHINES
Revenue
$73,463
SPONSORSHIP
Revenue
$46,286
MISCELLANEOUS INCOME
Revenue
$38,296
Organization Details
Founding Year
1998
Phone
(413) 568-2503Principal Officer
Kevin Chrisanthopoulos
Main Address
21 SOUTH BROAD STREET, Westfield, MA, 01085
Website
www.ameliaparkarena.orgNTEE Category
Code: N30 - Recreation
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