Overview
What is Shelby Farms Park Conservancy?
Shelby Farms Park Conservancy is a nonprofit organization based in Memphis, Tennessee, specifically at 6903 Great View Drive North, with 115 employees. Their primary mission is to manage, operate, restore, and enhance Shelby Farms Park in collaboration with and for the public. The conservancy is responsible for daily park management, securing funds to meet operational budget requirements, envisioning the park's future, and preserving its natural resources. Their overarching goal is to create a 21st-century urban park for Memphis residents, providing a welcoming and improved space for the community.
Official website here: www.shelbyfarmspark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Shelby Farms Park Conservancy has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored 92% overall, with the entire rating derived from its Accountability & Finance score. This high rating indicates that the Conservancy operates transparently and responsibly in its financial dealings.
The Conservancy demonstrates excellent governance, with a 100% independent board and robust oversight through a well-structured audit committee. The organization has shown no material diversion of assets, showcasing its integrity in managing resources. Its program expense ratio of over 78% indicates that a substantial portion of its budget is directed towards its programs, further emphasizing its mission-driven approach.
However, the organization does have some areas for improvement, specifically in the absence of a whistleblower policy, which is noted as missing in the evaluation. Although this does not detract significantly from its overall rating, establishing such policies would enhance its governance framework. Overall, the Shelby Farms Park Conservancy stands out for its effective management and dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shelby Farms Park Conservancy legitimate?
Shelby Farms Park Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shelby Farms Park Conservancy 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: $266,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,184,107
For more financial information, click here
Official website here: www.shelbyfarmspark.org
What is the mission statement of Shelby Farms Park Conservancy?
The Shelby Farms Park Conservancy is committed to managing, operating, restoring, and improving Shelby Farms Park in collaboration with the public. Their responsibilities include daily management, securing funds to meet operational budget requirements, envisioning the park's future, and preserving its natural resources. The organization's ultimate goal is to create a modern urban park, enhancing Shelby Farms Park for the benefit of the community.
Official website here: www.shelbyfarmspark.org
Who is the CEO of Shelby Farms Park Conservancy?
Jen Andrews is the Board Member of Shelby Farms Park Conservancy. The CEO's salary of Shelby Farms Park Conservancy is $180,673 and their total compensation is $181,896.
Official website here: www.shelbyfarmspark.org
What is the revenue of Shelby Farms Park Conservancy?
Shelby Farms Park Conservancy's revenue in 2023 was $6,957,152.
Official website here: www.shelbyfarmspark.org
Who are the executives of Shelby Farms Park Conservancy and what are their salaries?
The average compensation at Shelby Farms Park Conservancy during 2023 was $21,313. There are 115 employees and 1997 volunteers at Shelby Farms Park Conservancy.
Here are 37 key members and their salaries (Shelby Farms Park Conservancy's CEO's salary is $180,673 and their total compensation is $181,896):
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Official website here: www.shelbyfarmspark.org
Where can I find the form 990 for Shelby Farms Park Conservancy?
Shelby Farms Park Conservancy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shelbyfarmspark.org
Learn more at the official website: www.shelbyfarmspark.org
Mission Statement of Shelby Farms Park Conservancy
The Shelby Farms Park Conservancy is dedicated to managing, operating, restoring, and enhancing Shelby Farms Park in collaboration with the public. This nonprofit organization plays a vital role in ensuring the daily maintenance of the park, raising funds to meet its operational budget requirements, and setting a vision for the park's future development. Furthermore, the Conservancy is responsible for safeguarding the park's natural resources, with a goal of transforming Shelby Farms Park into a 21st-century urban space for Memphis residents.
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Impact
October, 2024
Shelby Farms Park Conservancy plays a crucial role in transforming Shelby Farms Park into a vibrant urban oasis for the Memphis community. By managing and operating the park, the Conservancy ensures that it remains a welcoming and accessible space for recreation and relaxation. Their efforts focus on restoring and enhancing natural resources, making the park a hub for outdoor activities while promoting environmental stewardship.
The Conservancy sets a visionary path for the park's future, aligning development with community needs and aspirations. This long-term perspective not only fosters a strong connection between nature and urban life but also contributes to the overall quality of life in Memphis. Daily management and dedicated fundraising efforts enable them to continually improve facilities and programs, ensuring the park remains a vital resource for generations to come. Through these initiatives, the Conservancy enriches the local ecosystem, promotes healthy lifestyles, and brings together diverse groups for shared experiences in nature.
This information is meant to be a general summary of Shelby Farms Park Conservancy. 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 2023.
- Investment Income: $100,249
- Program Service Revenue: $2,099,817
- Gross Receipts: $7,040,090
Assets and Liabilities:
- Total Assets: $7,795,328
- Total Liabilities: $904,627
- Net Assets: $6,890,701
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,325,848
PROGRAM EVENTS
Revenue
$746,321
PROGRAM FEES
Revenue
$27,648
Organization Details
Founding Year
2007
Phone
(901) 222-7278Principal Officer
Jen Andrews
Main Address
6903 GREAT VIEW DRIVE NORTH, MEMPHIS, TN, 38134
Website
www.shelbyfarmspark.orgNTEE Category
Code: N32 - Recreation
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