Overview
What is The Pine Banks Park Foundation Inc?
The Pine Banks Park Foundation Inc, headquartered in Malden, Massachusetts, serves as a nonprofit organization with a significant mission. Their primary objective is to foster outdoor activities and community engagement, specifically at Pine Banks Park. They strive to enhance and maintain the park, providing a welcoming space for individuals of all ages. Their mission revolves around promoting the operation of Pine Banks Park, ensuring it remains a hub for enjoyable outdoor activities and community involvement.
Official website here: www.pinebanks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Pine Banks Park Foundation Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score is significant as it reflects the organization’s commitment to transparency and responsible financial management, particularly in its most recent fiscal year, FY2023. The accountability and finance score of 94% is derived from various indicators, with particular strengths noted in independent board composition and oversight mechanisms.
One of the foundation's strengths is its governance, as it boasts a fully independent board, which enhances the integrity of its decision-making processes. All eight board members are independent, and the organization scores perfectly on its conflict of interest and whistleblower policies. The Pine Banks Park Foundation also demonstrates effective financial oversight, having no material diversion of assets, which is crucial for maintaining donor confidence and ensuring that funds are directed towards its mission.
However, while the organization excels in accountability and finance, future reviews could provide additional insights into its programmatic impact and community engagement. Overall, the Pine Banks Park Foundation appears to be a well-managed nonprofit, with strong financial practices that support its goals.
This AI summary has been generated from information found on Charity Navigator.
Is The Pine Banks Park Foundation Inc legitimate?
The Pine Banks Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pine Banks Park Foundation Inc 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.pinebanks.org
What is the mission statement of The Pine Banks Park Foundation Inc?
The Pine Banks Park Foundation Inc's mission is centered around promoting the operation of Pine Banks Park. This organization aims to provide a space where individuals of all ages can engage in outdoor activities and participate in community involvement. Their purpose extends to improving and maintaining the park, ensuring it remains a suitable and enjoyable venue for its visitors.
Official website here: www.pinebanks.org
What is the revenue of The Pine Banks Park Foundation Inc?
The Pine Banks Park Foundation Inc's revenue in 2024 was $835,986.
Official website here: www.pinebanks.org
Who are the executives of The Pine Banks Park Foundation Inc and what are their salaries?
There 7 volunteers at The Pine Banks Park Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.pinebanks.org
Where can I find the form 990 for The Pine Banks Park Foundation Inc?
The Pine Banks Park Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pinebanks.org
Learn more at the official website: www.pinebanks.org
Mission Statement of The Pine Banks Park Foundation Inc
The Pine Banks Park Foundation Inc is dedicated to promoting the operation of Pine Banks Park. Their primary purpose is to create an environment where individuals of all ages can engage in outdoor activities and participate in community events. To achieve this goal, the foundation focuses on improving and maintaining the park's facilities, ensuring that it remains a welcoming and enjoyable space for all its visitors. The mission of The Pine Banks Park Foundation Inc is to provide a platform for community involvement and foster a love for the outdoors, ultimately enriching the lives of those who use the park.
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Impact
July, 2024
The Pine Banks Park Foundation Inc's impact lies in its efforts to promote the operation of Pine Banks Park in Malden, Massachusetts. By providing a space for individuals of all ages to engage in outdoor activities and community involvement, the foundation plays a significant role in enhancing the overall well-being of the community. Through its initiatives to improve and maintain the park, The Pine Banks Park Foundation Inc contributes to the quality of life for residents and visitors alike, fostering a sense of belonging and recreational opportunities for all.
This information is meant to be a general summary of The Pine Banks Park Foundation Inc. 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: $52,714
- Gross Receipts: $835,986
Assets and Liabilities:
- Total Assets: $2,984,834
- Total Liabilities: $1,409,270
- Net Assets: $1,575,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PICNIC AND FIELD USE P
Revenue
$52,714
Organization Details
Founding Year
2000
Principal Officer
C Henry Kezer Esq
Website
www.pinebanks.orgNTEE Category
Code: S11 - Community improvement
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