Overview
What is Lakes Park Enrichment Foundation Inc?
The Lakes Park Enrichment Foundation is a non-profit organization located in Fort Myers, Florida, dedicated to supporting Lee County Parks & Recreation. By means of philanthropic and volunteer efforts, the foundation aims to foster ongoing community awareness and support for Lakes Park, promoting its recreational and educational value. This includes the establishment of memorials and the operation of community gardens. The foundation's mission is to enhance Lakes Park and create a more attractive natural environment for the community to enjoy, including establishing a botanic garden and other improvements. The foundation's work revolves around supporting the park's evolution and providing a welcoming space for the community to enjoy.
Official website here: www.lakesparkenrichmentfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.
Lakes Park Enrichment Foundation Inc received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in having a fully independent board and demonstrates no material diversion of assets, which reflects strong governance practices. However, there are some shortcomings, particularly in its transparency, as the nonprofit lacks essential policies such as a whistleblower policy and document retention guidelines.
Financially, the organization has a favorable liabilities to assets ratio, showcasing a solid balance sheet. Yet, its program expense ratio of 60.22% suggests that a significant portion of its funding is not being allocated directly to programs, which may raise questions about operational efficiency. Additionally, the absence of a posted tax form on its website limits accessibility to important financial information for potential donors and stakeholders.
Overall, while Lakes Park Enrichment Foundation Inc demonstrates strong governance practices, improvements in transparency and program expenditure are necessary for enhancing its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakes Park Enrichment Foundation Inc?
Four reviews for the Lakes Park Enrichment Foundation Inc highlight a generally positive sentiment towards the organization. Users express enthusiasm about the various offerings, emphasizing that there is "something interesting for everyone."
The foundation is noted for being educational and family-friendly, making it a great destination for parents looking to engage their children in stimulating activities. Overall, the comments reflect a strong recommendation for the foundation as a valuable community resource.
This AI summary has been generated from reviews found on Facebook.
Is Lakes Park Enrichment Foundation Inc legitimate?
Lakes Park Enrichment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakes Park Enrichment 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.lakesparkenrichmentfoundation.org
What is the mission statement of Lakes Park Enrichment Foundation Inc?
Lakes Park Enrichment Foundation Inc aims to support and promote ongoing community awareness and support for the recreational and educational value of a local park, known as Lakes Park. The foundation seeks to enhance the park by creating a botanic garden and various improvements, with the ultimate goal of creating a more attractive natural environment for the community to enjoy. Through philanthropic and voluntary efforts, the foundation aims to support the park's continued evolution and development.
Official website here: www.lakesparkenrichmentfoundation.org
Who is the CEO of Lakes Park Enrichment Foundation Inc?
Barbara Manzo is the Vice Preside of Lakes Park Enrichment Foundation Inc.
Official website here: www.lakesparkenrichmentfoundation.org
What is the revenue of Lakes Park Enrichment Foundation Inc?
Lakes Park Enrichment Foundation Inc's revenue in 2022 was $99,973.
Official website here: www.lakesparkenrichmentfoundation.org
Who are the executives of Lakes Park Enrichment Foundation Inc and what are their salaries?
There 15 volunteers at Lakes Park Enrichment Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.lakesparkenrichmentfoundation.org
Where can I find the form 990 for Lakes Park Enrichment Foundation Inc?
Lakes Park Enrichment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakesparkenrichmentfoundation.org
Learn more at the official website: www.lakesparkenrichmentfoundation.org
Mission Statement of Lakes Park Enrichment Foundation Inc
The Lakes Park Enrichment Foundation Inc is a charity organization dedicated to supporting parks and recreation within the community. Their mission is to foster ongoing awareness and support for Lakes Park, promoting its recreational and educational value. This includes the development of a botanic garden and other enhancements, aiming to create an even more attractive natural environment for the community to enjoy. Through philanthropic and voluntary efforts, the Foundation seeks to contribute to the continued evolution of Lakes Park, ultimately benefiting the community as a whole.
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Impact
June, 2024
The Lakes Park Enrichment Foundation Inc's impact is focused on supporting Lee County Parks & Recreation through philanthropic and voluntary efforts. They work to promote ongoing community awareness and support for the recreational and educational value of Lakes Park, with a vision of enhancing the park's offerings, such as establishing a botanic garden and other enhancements. By actively engaging in initiatives like maintaining and operating community gardens and installing memorials throughout the park, the foundation contributes to creating an attractive natural environment for the community to enjoy.
This information is meant to be a general summary of Lakes Park Enrichment 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 2022.
- Investment Income: $295
- Program Service Revenue: $25,619
- Gross Receipts: $100,325
Assets and Liabilities:
- Total Assets: $140,249
- Total Liabilities: $0
- Net Assets: $140,249
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMORIALS
Revenue
$19,010
COMMUNITY GARDENS
Revenue
$6,609
Organization Details
Founding Year
2003
Phone
(239) 533-7575Principal Officer
Barbara Manzo
Main Address
PO BOX 61076, FORT MYERS, FL, 339061076
NTEE Category
Code: C30 - Environment
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