Overview
What is Tr Uw Of Marshall Simonds?
Tr Uw of Marshall Simonds is a nonprofit organization situated in Dallas, Texas. Its primary purpose is to fund the establishment and maintenance of a public park in Burlington, Massachusetts. Beyond this, the organization also manages bank of America trustee fees, channeling these funds into various programs for the benefit of the town of Burlington. The organization's mission is deeply rooted in community development, contributing to the well-being of the town and its inhabitants by enhancing the availability of green spaces and supporting local projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
The Tr Uw Of Marshall Simonds has received a Two-Star rating, reflecting an overall score of 74%. This rating is derived solely from its accountability and finance metrics. While the organization has a strong program expense ratio of 78.37%, indicating effective use of funds for its mission, it lacks independent board members, which raises concerns regarding governance and oversight.
The assessment highlights that the charity has a good track record with no material diversion of assets and maintains key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction procedures. However, the absence of independent board members and missing documentation on its website, such as the tax form and board meeting minutes, negatively impacts its accountability score.
Overall, while the organization demonstrates sound financial practices, the governance structure and transparency issues identified may need to be addressed to enhance trust and credibility with donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Tr Uw Of Marshall Simonds legitimate?
Tr Uw Of Marshall Simonds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tr Uw Of Marshall Simonds 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: $32,547
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tr Uw Of Marshall Simonds?
Tr Uw Of Marshall Simonds is committed to funding the establishment of a public park within the town of Burlington, Massachusetts. This mission aligns with the organization's goal of contributing to the community's well-being and providing shared spaces for public enjoyment. The organization also utilizes bank of America trustee fees to support programs for the town's benefit. While the specific activities and initiatives under this mission are not provided, it can be inferred that Tr Uw Of Marshall Simonds aims to enhance the quality of life in the community through its park funding and associated programs.
What is the revenue of Tr Uw Of Marshall Simonds?
Tr Uw Of Marshall Simonds's revenue in 2024 was $226,530.
Who are the executives of Tr Uw Of Marshall Simonds and what are their salaries?
There is 1 key member and their salary:
- Compensation: $32,547
- Related: $0
- Other: $0
Where can I find the form 990 for Tr Uw Of Marshall Simonds?
Tr Uw Of Marshall Simonds's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Tr Uw Of Marshall Simonds
Tr Uw of Marshall Simonds, as per its mission, is committed to raising funds for the establishment of a public park in the town of Burlington, Massachusetts. This nonprofit organization is dedicated to making a significant contribution to the local community by providing a much-needed public space for recreation and relaxation. By funding this project, Tr Uw of Marshall Simonds aims to enhance the overall quality of life in the town, offering residents and visitors a place to connect, unwind, and engage in various outdoor activities. The organization's mission is not limited to funding the park; it also implements programs using bank of America trustee fees, contributing further to the well-being of the community.
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Impact
October, 2024
Tr Uw Of Marshall Simonds significantly enhances community life in Burlington, Massachusetts, by funding the development and maintenance of a public park. This initiative promotes recreational opportunities, supports community engagement, and encourages outdoor activities, fostering a healthier lifestyle among residents. The park serves as a vital space for social interaction, events, and various programs that bring residents together, thereby strengthening community bonds. Additionally, the trust manages trustee fees through Bank of America, ensuring that funds are effectively allocated to maintain and improve public resources. Overall, this initiative contributes to the well-being and quality of life for the residents of Burlington.
This information is meant to be a general summary of Tr Uw Of Marshall Simonds. 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.
- Investment Income: $67,612
- Gross Receipts: $494,809
Assets and Liabilities:
- Total Assets: $2,297,127
- Total Liabilities: $0
- Net Assets: $2,297,127
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Organization Details
Founding Year
1974
Principal Officer
Same As Above
NTEE Category
Code: N32 - Recreation
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