Overview
What is Parkside Community Association Of Buffalo Inc?
Parkside Community Association of Buffalo Inc is a small, nonprofit organization situated in Buffalo, New York, with a single employee. Their primary focus is on fostering community unity within the Parkside area. They accomplish this by organizing summer arts programs and engaging in various community projects aimed at enhancing the neighborhood's appearance and promoting harmony among its diverse population. These projects encompass landscaping improvements and social gatherings, which serve to beautify the community and create a sense of unity among its residents. Membership fees are also part of their operations, contributing to the association's activities.
Official website here: www.parksidebuffalo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Overall Score: 65%
The Parkside Community Association of Buffalo Inc. has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operational and financial practices. While the organization excels in governance, with full marks for independent board members and a clear conflict of interest policy, it struggles significantly with its program expense ratio, which is notably low at 46.72%. This suggests that less than half of its expenditures are directed towards its programs, raising concerns about the efficiency of its resource allocation.
The association demonstrates strong accountability practices, as evidenced by the absence of material diversion of assets and the presence of policies for whistleblowers and document retention. These factors contribute positively to its score in the Accountability & Finance category, where it received a 65. However, the liabilities to assets ratio at approximately 59.93% indicates potential financial pressures that could impact its sustainability and ability to deliver on its mission effectively.
In summary, while the Parkside Community Association shows strengths in governance and accountability, its low program expense ratio and significant liabilities call for attention and improvement. Stakeholders may wish to monitor these aspects to ensure the organization can fulfill its community-oriented objectives more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Parkside Community Association Of Buffalo Inc legitimate?
Parkside Community Association Of Buffalo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkside Community Association Of Buffalo 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: $17,617
For more financial information, click here
Official website here: www.parksidebuffalo.org
What is the mission statement of Parkside Community Association Of Buffalo Inc?
The Parkside Community Association of Buffalo Inc. aims to foster community unity through various initiatives, particularly summer arts programs and projects. These projects are designed to enhance the aesthetic appeal of the community and serve as unifying forces. The association's mission encompasses community beautification projects, such as landscaping, as well as social gatherings and outreach events. These initiatives are intended to improve the Parkside community area and bring together a racially diverse community. The association also offers membership opportunities, although the specifics of these costs are not provided in the information given.
Official website here: www.parksidebuffalo.org
Who is the CEO of Parkside Community Association Of Buffalo Inc?
Cydney Kelly is the President of Parkside Community Association Of Buffalo Inc.
Official website here: www.parksidebuffalo.org
What is the revenue of Parkside Community Association Of Buffalo Inc?
Parkside Community Association Of Buffalo Inc's revenue in 2022 was $47,350.
Official website here: www.parksidebuffalo.org
Who are the executives of Parkside Community Association Of Buffalo Inc and what are their salaries?
The average compensation at Parkside Community Association Of Buffalo Inc during 2022 was $17,617. There is 1 employee and 14 volunteers at Parkside Community Association Of Buffalo Inc.
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Official website here: www.parksidebuffalo.org
Where can I find the form 990 for Parkside Community Association Of Buffalo Inc?
Parkside Community Association Of Buffalo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parksidebuffalo.org
Learn more at the official website: www.parksidebuffalo.org
Mission Statement of Parkside Community Association Of Buffalo Inc
Parkside Community Association of Buffalo Inc is committed to fostering community unity through various summer arts programs and community projects. Their mission is twofold: firstly, they aim to enhance the aesthetic appeal of their community by undertaking projects such as landscaping and social gatherings. Secondly, they strive to unify the community, particularly a racially diverse one, by engaging its members in these activities. The association's initiatives not only contribute to the physical transformation of the Parkside community but also serve as a platform for fostering a sense of unity and shared identity among its residents.
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Impact
August, 2024
The Parkside Community Association Of Buffalo Inc's impact can be seen in its efforts to promote community unity through summer arts programs and various community projects aimed at beautifying the area and uniting the community. These projects include landscaping, social gatherings, community outreach, and more, all geared towards enhancing the Parkside community area and fostering unity in a racially diverse community. By engaging in these activities, the organization plays a key role in strengthening social bonds, improving the physical environment, and creating a sense of belonging among residents.
This information is meant to be a general summary of Parkside Community Association Of Buffalo 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 2022.
- Investment Income: $6
- Gross Receipts: $47,350
Assets and Liabilities:
- Total Assets: $141,072
- Total Liabilities: $88,214
- Net Assets: $52,858
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Organization Details
Founding Year
1963
Phone
(716) 838-1240Principal Officer
Cydney Kelly
Main Address
2318 MAIN ST, BUFFALO, NY, 14214
Website
www.parksidebuffalo.orgNTEE Category
Code: T30 - Philanthropy
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