Overview
What is Fishers Island Recreational Path Foundation?
Fishers Island Recreational Path Foundation is a nonprofit organization located in Fishers Island, New York. Its primary mission is to construct and maintain a public recreational path, aiming to enhance the health, safety, recreation, and well-being of the community residing in Suffolk County, New York. By establishing this path, the foundation seeks to foster a more active and connected community. The organization oversees the project and ensures its upkeep, contributing to the overall quality of life for local residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement), Overall Score: 73%
The Fishers Island Recreational Path Foundation has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement in its operations and governance. While it achieves a commendable program expense ratio of 93.39%, reflecting a strong focus on its mission, there are significant gaps in its accountability and financial practices that have contributed to its lower rating.
The foundation scores exceptionally well in several areas, such as having a majority independent board and a perfect liabilities to assets ratio, which indicates financial stability. However, key governance policies including a conflict of interest policy and a whistleblower policy are missing, which raises concerns about transparency and accountability. Additionally, the absence of a listed tax form website could hinder potential donors' ability to verify financial information.
Overall, while the foundation demonstrates a strong commitment to its programs, the lack of essential governance policies and some transparency issues highlight the need for improvement to bolster its reputation and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Fishers Island Recreational Path Foundation legitimate?
Fishers Island Recreational Path Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fishers Island Recreational Path 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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What is the mission statement of Fishers Island Recreational Path Foundation?
The Fishers Island Recreational Path Foundation was established with a mission to oversee the construction and maintenance of a public recreational path, aiming to promote and enhance the health, safety, recreation, and well-being of the community. By constructing this path, the foundation aims to contribute to the improvement of the quality of life for the residents. The foundation's activities primarily focus on the development and upkeep of this recreational path, thereby fostering a healthier and more engaged community.
Who is the CEO of Fishers Island Recreational Path Foundation?
John Mcgillian is the President of Fishers Island Recreational Path Foundation.
What is the revenue of Fishers Island Recreational Path Foundation?
Fishers Island Recreational Path Foundation's revenue in 2022 was $174,469.
Who are the executives of Fishers Island Recreational Path Foundation and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Fishers Island Recreational Path Foundation?
Fishers Island Recreational Path Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fishers Island Recreational Path Foundation
The Fishers Island Recreational Path Foundation was established with a mission to oversee the construction and maintenance of a public recreational path for the entire Fishers Island community. This initiative is aimed at promoting and enhancing the health, safety, recreation, and well-being of the residents in Suffolk County, New York. By constructing this path, the foundation seeks to provide an avenue for leisure activities, ensuring the overall improvement of the community's lifestyle.
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Impact
October, 2024
The Fishers Island Recreational Path Foundation significantly impacts the Fishers Island community by overseeing the construction and maintenance of a public recreational path. This initiative promotes health, safety, and overall well-being for residents, enhancing opportunities for recreation and outdoor activity. By providing a dedicated space for walking, biking, and other forms of exercise, the path encourages a healthier lifestyle while fostering a sense of community among the island's residents. Its development not only improves access to recreational spaces but also supports social interactions and community engagement, ultimately contributing to a vibrant and connected community in Suffolk County, New York.
This information is meant to be a general summary of Fishers Island Recreational Path 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: $17,815
- Gross Receipts: $174,469
Assets and Liabilities:
- Total Assets: $2,510,494
- Total Liabilities: $0
- Net Assets: $2,510,494
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Organization Details
Founding Year
2002
Principal Officer
John Mcgillian
Main Address
PO BOX 619, FISHERS ISLAND, NY, 06390
NTEE Category
Code: N32 - Recreation
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