Overview
What is Asphalt Green Inc?
Asphalt Green Inc, a New York City-based not-for-profit organization, is dedicated to promoting health and well-being through sports and fitness for individuals of all ages and backgrounds. With two campuses in the city – one on the Upper East Side and the other in Battery Park City – Asphalt Green offers a range of facilities including an Olympic-sized indoor pool, a superturf playing field, parks, and a fitness center. The Upper East Side campus, owned by the city, is managed by Asphalt Green, which is responsible for equipping, operating, and maintaining the facilities and providing community programs. Asphalt Green's mission reaches approximately 7,500 people annually. Their extensive range of programs for young people aims to engage their intellectual, creative, and physical abilities.
Official website here: www.asphaltgreen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating
Asphalt Green Inc has achieved a remarkable 96% rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization demonstrates excellent governance with 96% of its board members being independent, ensuring decisions are made in the best interest of the nonprofit. Additionally, their financial oversight is robust, as evidenced by a perfect score in audit and oversight practices.
The nonprofit allocates a significant portion of its expenses—approximately 84.94%—to programs, underscoring its commitment to direct impact and community service. This high program expense ratio reflects a strategic focus on delivering value to the populations it serves. Furthermore, the organization has implemented essential policies, such as conflict of interest and whistleblower policies, indicating a commitment to ethical practices.
There are no noted limitations in the available data, which suggests Asphalt Green Inc operates with transparency and integrity. Overall, this high rating and the detailed financial metrics support its reputation as a reliable and effective organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Asphalt Green Inc legitimate?
Asphalt Green Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asphalt Green 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: $12,883,837
For more financial information, click here
Official website here: www.asphaltgreen.org
What is the mission statement of Asphalt Green Inc?
Asphalt Green Inc is a New York City-based not-for-profit organization committed to helping individuals of all ages and backgrounds improve their health through a lifetime of sports and fitness. With two campuses in the city, Asphalt Green provides a range of facilities and programs designed to challenge the intellectual, creative, and physical abilities of participants. While the city retains ownership of the facilities, Asphalt Green is responsible for equipping, operating, and maintaining them, as well as providing community programs. The organization's mission extends beyond just health, offering programs that cater to the intellectual and creative growth of young people. Asphalt Green aims to make sports and fitness accessible to all, fostering a healthier and more active community.
Official website here: www.asphaltgreen.org
Who is the CEO of Asphalt Green Inc?
Dean Somer is the Director of Asphalt Green Inc.
Official website here: www.asphaltgreen.org
What is the revenue of Asphalt Green Inc?
Asphalt Green Inc's revenue in 2022 was $26,811,644.
Official website here: www.asphaltgreen.org
Who are the executives of Asphalt Green Inc and what are their salaries?
The average compensation at Asphalt Green Inc during 2022 was $32,617. There are 395 employees and 10 volunteers at Asphalt Green Inc.
Here are 38 key members and their salaries:
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- Other: $28,393
Official website here: www.asphaltgreen.org
Where can I find the form 990 for Asphalt Green Inc?
Asphalt Green Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asphaltgreen.org
Learn more at the official website: www.asphaltgreen.org
Mission Statement of Asphalt Green Inc
Asphalt Green, a New York City not-for-profit organization, is dedicated to helping individuals of all ages and backgrounds achieve a healthier life through sports and fitness. This mission-driven organization prides itself on assisting people in reaching their fullest potential, both physically and intellectually.
Asphalt Green operates two campuses within the city, each offering unique facilities and programs. The first campus, located on the Upper East Side, includes the George and Annette Murphy Center, an Olympic-sized indoor pool open to the public, a superturf playing field, and various other amenities. The City retains ownership of this campus, while Asphalt Green is responsible for equipping, operating, and maintaining the facilities, as well as providing community programs.
The organization's commitment to young people is evident in the design of its programs, which aim to engage participants' intellectual, creative, and physical abilities. By offering a diverse range of activities, Asphalt Green fosters an environment that encourages personal growth and development.
Asphalt Green's mission extends beyond providing access to facilities and programs. By focusing on the overall well-being of its community members, the organization empowers individuals to lead healthier, more active lives. In doing so, it contributes to the creation of a stronger, more vibrant city.
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Impact
October, 2024
Asphalt Green Inc significantly enhances the health and well-being of individuals across New York City by providing access to top-notch sports and fitness facilities. With two campuses—one on the Upper East Side and another in Battery Park City—this organization serves approximately 7,500 people annually, offering programs designed to foster physical, intellectual, and creative development among participants of all ages and backgrounds.
The organization's facilities include the city's first indoor Olympic-sized pool open to the public, a state-of-the-art fitness center, and various outdoor spaces. These amenities are crucial in promoting an active lifestyle and enabling community members to engage in sports, fitness classes, and recreational activities. Asphalt Green's focus on inclusivity ensures that everyone, regardless of their background, has the opportunity to improve their health through sports and fitness, ultimately contributing to a healthier community overall.
This information is meant to be a general summary of Asphalt Green 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: $1,723,149
- Program Service Revenue: $22,562,477
- Gross Receipts: $26,856,894
Assets and Liabilities:
- Total Assets: $36,441,252
- Total Liabilities: $11,688,866
- Net Assets: $24,752,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$15,214,550
FACILITIES USAGE
Revenue
$6,467,501
FACILITIES RENTAL
Revenue
$820,643
OTHER PROGRAM SERVICE REVENUE
Revenue
$59,783
Organization Details
Founding Year
1975
Phone
(646) 981-2237Principal Officer
Dean Somer
Main Address
555 EAST 90TH ST, NEW YORK, NY, 10128
Website
www.asphaltgreen.orgNTEE Category
Code: N31Z - Recreation
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