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Friends Of Rittenhouse Square

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232007694 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Rittenhouse Square?

Friends of Rittenhouse Square is a nonprofit organization, founded in 1976, dedicated to preserving, protecting, and enhancing the beauty of Rittenhouse Square Park located in the Rittenhouse district of Philadelphia, Pennsylvania. In a joint effort with Philadelphia Parks & Recreation, they maintain the park's landscaping, tree care, grass seeding, graffiti removal, bench repair, and provide additional seasonal maintenance staff, ranger, and trash removal services. Their efforts also include upgrading lighting, installing a security camera system, and over a million dollars in historic restoration work. In addition, Friends of Rittenhouse Square manage various amenities such as holiday lights, doggie bags, and excess seasonal trash removal, contributing to the overall well-being and aesthetics of the park.


Official website here: www.friendsofrittenhouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating

Friends of Rittenhouse Square has received an 84% rating from Charity Navigator, which indicates a solid performance, particularly in the area of Accountability & Finance. The organization demonstrates strengths in governance with a fully independent board of members and a low liabilities to assets ratio, showcasing strong financial health and oversight.

Despite its commendable aspects, the organization faces some limitations. Notably, it lacks crucial policies, including a conflict of interest policy, whistleblower policy, and document retention guidelines, which could enhance its overall accountability and transparency. Additionally, the absence of its tax form on the nonprofit's website is a missed opportunity for openness with stakeholders.

Overall, while Friends of Rittenhouse Square shows strong program expense ratios and careful financial management, addressing the noted policy gaps could improve its transparency and governance further, potentially leading to a higher rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Rittenhouse Square legitimate?

Friends Of Rittenhouse Square is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Rittenhouse Square 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: $22,500

For more financial information, click here


Official website here: www.friendsofrittenhouse.org

What is the mission statement of Friends Of Rittenhouse Square?

The Friends of Rittenhouse Square's mission aims to preserve, protect, and enhance the beauty of a specific park, without specifying its location. They work in collaboration with the city's parks and recreation department to ensure the park's maintenance needs are met. Their efforts encompass landscaping, tree care, graffiti removal, bench repair, seasonal maintenance staff, trash removal, holiday lighting, doggie bags, and more. They have also invested in upgrading the park's lighting, installing a security camera system, and completing over a million dollars worth of historical restoration work.


Official website here: www.friendsofrittenhouse.org

Who is the CEO of Friends Of Rittenhouse Square?

Unavailable


Official website here: www.friendsofrittenhouse.org

What is the revenue of Friends Of Rittenhouse Square?

Friends Of Rittenhouse Square's revenue in 2022 was $867,734.


Official website here: www.friendsofrittenhouse.org

Who are the executives of Friends Of Rittenhouse Square and what are their salaries?

The average compensation at Friends Of Rittenhouse Square during 2022 was $22,500. There is 1 employee at Friends Of Rittenhouse Square.


Here are 2 key members and their salaries:


See The Attached (Please See The Attached List)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Larosa (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofrittenhouse.org

Where can I find the form 990 for Friends Of Rittenhouse Square?

Friends Of Rittenhouse Square's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsofrittenhouse.org

Learn more at the official website: www.friendsofrittenhouse.org

Mission Statement of Friends Of Rittenhouse Square

Friends of Rittenhouse Square, a nonprofit organization established in 1976, is dedicated to the preservation, protection, and beautification of a park in the Rittenhouse section of Philadelphia. Recognizing the growing disparity between city funding and the park's maintenance needs, this organization stepped forward to form a public-private partnership with Philadelphia Parks & Recreation.

In this role, Friends of Rittenhouse Square takes on various responsibilities, including landscaping, tree care, grass seeding, graffiti removal, bench repair, supplemental seasonal maintenance staff, sidewalk sweeping, and even providing a dedicated park ranger. They also fund excess seasonal trash removal, holiday lighting, doggie bags, and other park amenities.

Over the years, Friends of Rittenhouse Square has undertaken significant improvements in the park, such as upgrading the lighting, installing a security camera system, and investing over one million dollars in historic restoration work. Their efforts aim to ensure that this cherished park remains a vibrant and welcoming space for the community.

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Impact




June, 2024

Friends Of Rittenhouse Square has a substantial impact on the preservation, protection, and beautification of Rittenhouse Square Park in Philadelphia. Since its creation in 1976, the organization has played a crucial role in filling the gap between available city funding and the maintenance needs of the park. Through a public-private partnership with Philadelphia Parks & Recreation, Friends Of Rittenhouse Square provides essential services such as landscaping, tree care, grass seeding, graffiti removal, bench repair, seasonal maintenance staff, sidewalk sweeping, park ranger services, trash removal, holiday lights, and more.

The organization has also been instrumental in implementing improvements to the park, including upgraded lighting, a security camera system, and over one million dollars in historic restoration work. These efforts have not only enhanced the aesthetic appeal of Rittenhouse Square Park but have also contributed to the overall well-being and enjoyment of the community.

Friends Of Rittenhouse Square's dedication to maintaining and improving the park has had a positive impact on both residents and visitors, creating a welcoming and vibrant environment for all to enjoy. Their commitment to preserving this green space exemplifies their mission to enhance the quality of life in the Rittenhouse section of Philadelphia.




This information is meant to be a general summary of Friends Of Rittenhouse Square. 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.

Revenue
$867,734 (2022)
Expenses
$1,000,845 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $336
  • Gross Receipts: $1,135,082

Assets and Liabilities:

  • Total Assets: $615,241
  • Total Liabilities: $537
  • Net Assets: $614,704

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Organization Details

Founding Year

1976

Main Address

201 S 18TH STREET STE 411, PHILADELPHIA, PA, 19103

NTEE Category

Code: C115 - Environment

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