Overview
What is Riverbanks Society?
The Riverbanks Society is a South Carolina corporation that functions exclusively to support the efforts of Riverbanks Zoo and Garden, a public entity responsible for owning and operating a zoo and botanical garden in Columbia, South Carolina. The Society raises funds primarily through membership sales and other fundraising initiatives. These resources are used to supplement and enhance the value of the zoo and garden, as well as to make small grants for conservation projects as directed by Riverbanks. By doing so, the Riverbanks Society plays a significant role in enriching the experiences and offerings of the zoo and garden for the community.
Official website here: www.riverbanks.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating
Riverbanks Society has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an impressive score of 92% in Accountability & Finance, the organization demonstrates effective management of its resources, indicating that a significant portion of its budget is allocated towards program expenses.
The organization boasts a fully independent board, which is crucial for maintaining transparency and minimizing conflicts of interest. Riverbanks Society has also demonstrated excellence in several key financial metrics, including a program expense ratio of 94.40% and a fundraising efficiency ratio of $0.02, showcasing their ability to efficiently use donations to support their mission.
However, there are noted areas for improvement, particularly in governance policies, as the charity is missing critical documentation such as a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance their overall governance framework and further bolster their reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Riverbanks Society legitimate?
Riverbanks Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverbanks Society 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.
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For more financial information, click here
Official website here: www.riverbanks.org
What is the mission statement of Riverbanks Society?
The Riverbanks Society is a corporation established to financially support a park district and its related activities. Its primary role is to raise funds for enhancing the offerings of the Riverbanks Zoo and Botanical Garden. The society derives funds from membership sales and various fundraising efforts. These funds serve to supplement and augment the value of the zoo and garden. The Riverbanks Society also makes small grants to support conservation initiatives upon the direction of the zoo and garden.
Official website here: www.riverbanks.org
Who is the CEO of Riverbanks Society?
Thomas K Stringfellow is the President of Riverbanks Society.
Official website here: www.riverbanks.org
What is the revenue of Riverbanks Society?
Riverbanks Society's revenue in 2022 was $16,497,632.
Official website here: www.riverbanks.org
Who are the executives of Riverbanks Society and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.riverbanks.org
Where can I find the form 990 for Riverbanks Society?
Riverbanks Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riverbanks.org
Learn more at the official website: www.riverbanks.org
Mission Statement of Riverbanks Society
The Riverbanks Society, a South Carolina corporation, is dedicated to enhancing the offerings of the Richland-Lexington Riverbanks Park District and its activities through financial support. This noble organization functions solely to augment the value of Riverbanks Zoo and Garden, a governmental entity that manages a public zoo and botanical garden. By raising funds from membership sales and various fundraising initiatives, the Riverbanks Society makes substantial contributions to the zoo and garden. These funds bolster the offerings and experiences provided to the public. The Society also extends small grants to further conservation efforts as directed by Riverbanks. In essence, the Riverbanks Society serves as a benefactor, amplifying the impact and reach of the Riverbanks Zoo and Garden.
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Impact
October, 2024
Riverbanks Society significantly enhances the offerings and experiences at Riverbanks Zoo and Garden through its financial support. By raising funds from membership sales and various fundraising efforts, the Society supplements the resources available for the zoo and botanical garden, ensuring that they can maintain high standards of care, conservation, and visitor engagement.
This financial backing not only helps improve the facilities and programs at the zoo but also amplifies conservation initiatives within the community. By making additional small grants dedicated to conservation efforts, Riverbanks Society plays a crucial role in fostering environmental awareness and education. The impact is visible in the enriched experiences visitors have, which promote appreciation for wildlife and nature, as well as in the Society's commitment to supporting sustainable practices through its funding initiatives.
Overall, the Riverbanks Society helps to ensure that the zoo and garden continue to thrive as vital educational and recreational resources in the Columbia area, benefiting both residents and their natural ecosystems.
This information is meant to be a general summary of Riverbanks Society. 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: $2,926
- Gross Receipts: $16,653,130
Assets and Liabilities:
- Total Assets: $12,709,712
- Total Liabilities: $65,910
- Net Assets: $12,643,802
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Organization Details
Founding Year
1972
Phone
(803) 779-8717Principal Officer
Thomas K Stringfellow
Main Address
500 WILDLIFE PARKWAY, COLUMBIA, SC, 29210
Website
www.riverbanks.orgNTEE Category
Code: D115 - Animals
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