Overview
What is Frazier Revitalization Inc?
Frazier Revitalization Inc is a nonprofit organization situated in Dallas, Texas, dedicated to the economic, cultural, and revitalization of the South Dallas Fair Park area. Their initiatives include facilitating partnerships between neighborhood residents, institutional entities, and city-wide organizations. They have completed and leased a community-oriented primary care clinic, and donated a dental clinic to Texas A&M University System's School of Dentistry. The organization also launched a home improvement program to enhance housing conditions in the neighborhood and offer associated services. Moreover, Frazier Revitalization supports quality out-of-school time programming for local youth. Overall, their mission is to uplift the community and address its residents' needs comprehensively.
Official website here: www.frazierdallas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Frazier Revitalization Inc has earned an 84% rating from Charity Navigator, indicating a strong performance in accountability and finance as well as culture and community engagement. The organization boasts a perfect score for its independent board members and has demonstrated effective financial practices with a high program expense ratio of 93.65%, suggesting that the majority of its resources are directed towards its mission-driven activities.
While the organization shows considerable strengths in transparency and feedback mechanisms, with perfect scores in constituent feedback and its collection and usage, it does have room for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which may raise concerns regarding governance practices. Nonetheless, the absence of reported asset diversion is a positive indicator of its financial health.
Overall, Frazier Revitalization Inc is recognized for its commitment to its mission and effective use of resources, reflecting positively on its operations. Addressing the noted gaps in policy documentation could enhance its governance framework further, solidifying its standing as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Frazier Revitalization Inc?
100% of 12 reviewers on Facebook recommend Frazier Revitalization Inc. Here is a summary of their reviews:
The feedback highlights a strong desire for the revitalization of the Frazier Court Community, emphasizing aspirations for it to transform into a thriving village with a focus on supporting local Black-owned businesses. Reviewers express hope for a future where the community fosters entrepreneurship by providing access to loans and other resources for its residents.
Overall, the sentiment reflects a deep commitment to uplifting the local community, with supporters keen on seeing initiatives that prioritize the needs and interests of those who live there. This nonprofit appears to resonate well with those who have a personal connection to the area, reinforcing a hopeful vision for its future development.
This AI summary has been generated from reviews found on Facebook.
Is Frazier Revitalization Inc legitimate?
Frazier Revitalization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frazier Revitalization 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: $131,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,043
For more financial information, click here
Official website here: www.frazierdallas.org
What is the mission statement of Frazier Revitalization Inc?
Frazier Revitalization Inc is committed to driving economic, cultural development, and revitalization in their designated area. They work towards achieving this goal by adhering to a comprehensive revitalization plan, fostering partnerships between neighborhood residents and various organizations, and bridging the gap between community needs and available resources. The organization has also launched initiatives to address deteriorating housing, offering home improvement programs and wraparound services to residents. Additionally, they have constructed medical facilities and donated them to educational institutions, such as Texas A&M University System's School of Dentistry, to contribute to the community's healthcare infrastructure. Lastly, Frazier Revitalization Inc also focuses on providing quality out-of-school-time programming for local youth to enhance their learning and social development.
Official website here: www.frazierdallas.org
Who is the CEO of Frazier Revitalization Inc?
Dorothy Hopkins is the Trustee of Frazier Revitalization Inc. The CEO's salary of Frazier Revitalization Inc is $25,000 and their total compensation is $125,000.
Official website here: www.frazierdallas.org
What is the revenue of Frazier Revitalization Inc?
Frazier Revitalization Inc's revenue in 2022 was $458,471.
Official website here: www.frazierdallas.org
Who are the executives of Frazier Revitalization Inc and what are their salaries?
The average compensation at Frazier Revitalization Inc during 2022 was $33,080. There are 13 employees and 8 volunteers at Frazier Revitalization Inc.
Here are 9 key members and their salaries (Frazier Revitalization Inc's CEO's salary is $25,000 and their total compensation is $125,000):
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- Compensation: $25,000
- Related: $94,000
- Other: $6,000
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Official website here: www.frazierdallas.org
Where can I find the form 990 for Frazier Revitalization Inc?
Frazier Revitalization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frazierdallas.org
Learn more at the official website: www.frazierdallas.org
Mission Statement of Frazier Revitalization Inc
Frazier Revitalization Inc, a nonprofit organization, is committed to driving economic, cultural, and revitalization initiatives in its area of focus. Their primary mission is to transform and revitalize the South Dallas Fair Park area, working within the framework of a comprehensive revitalization plan adopted by the City of Dallas. Frazier Revitalization serves as a catalyst for change, aiming to spearhead a planned development at a specific location, which will serve as a transit-oriented development (TOD) in accordance with the city's comprehensive revitalization plan.
The organization has made significant strides in its mission, completing a 44,378 square foot clinic and leasing it to Parkland Health in 2015. This project was financed through the New Markets Tax Credit program. Furthermore, Frazier Revitalization has donated a 4,340 square foot clinic to Texas A&M University System's School of Dentistry for their use as a dental clinic. The organization's commitment to community improvement extends beyond physical infrastructure, as evidenced by its home improvement program, which aims to address deteriorating housing stock in the neighborhood and improve the livability conditions of residents, offering wraparound services such as financial literacy training and property tax consulting. Frazier Revitalization functions as a bridge between neighborhood residents and institutional and city-wide organizations, fostering collaborations that enhance the quality of programming and healthcare services available in the community.
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Impact
July, 2024
Frazier Revitalization Inc has had a significant impact on the economic, cultural development, and revitalization of the South Dallas Fair Park area. The organization has successfully implemented various projects aimed at transforming the community and improving the quality of life for its residents. Notably, Frazier Revitalization has developed a 44,378 square foot primary care clinic leased to Parkland Health, a state-of-the-art dental clinic donated to the Texas A&M System, and a home improvement program to enhance housing stock and address residents' needs.
Furthermore, Frazier Revitalization serves as a key player in bridging the gap between neighborhood residents and institutional organizations, fostering stronger connections within the community. By leveraging funding sources like New Markets Tax Credits and engaging in strategic partnerships, the organization has been able to drive sustainable development initiatives that benefit the local area.
Overall, Frazier Revitalization's comprehensive approach to community revitalization, coupled with its commitment to addressing residents' priorities and fostering collaboration, has made a significant and lasting impact on the South Dallas Fair Park area.
This information is meant to be a general summary of Frazier Revitalization 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: -$378,115
- Program Service Revenue: $2,078
- Gross Receipts: $4,729,128
Assets and Liabilities:
- Total Assets: $10,930,734
- Total Liabilities: $191,129
- Net Assets: $10,739,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Revenue
Revenue
$2,078
Organization Details
Founding Year
2005
Phone
(469) 221-0704Principal Officer
Dorothy Hopkins
Main Address
PO Box 152926, Dallas, TX, 75315
Website
www.frazierdallas.orgNTEE Category
Code: S30 - Community improvement
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