Overview
What is Grand Forks Parks And Recreation Foundation?
Grand Forks Parks and Recreation Foundation is a nonprofit organization located in Grand Forks, North Dakota. Their primary mission is to contribute to and promote healthy lifestyles within the community by developing and enhancing parks, playgrounds, recreational facilities, programs, and activities for people of all ages, abilities, and economic backgrounds. One of their notable projects is the Veterans Memorial Park, which is dedicated to honoring veterans and their families. Construction on this park continued in 2022. The Foundation plays a significant role in enriching the community's recreational offerings and fostering a sense of unity among its residents.
Official website here: www.gfparksfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Star Rating)
The Grand Forks Parks and Recreation Foundation has received a 70% rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization has achieved full marks for its independent board members and financial statements audit, showcasing strong governance in these areas. Additionally, the foundation maintains a high program expense ratio, signaling that a significant portion of its resources is directed towards its programs rather than administrative costs.
However, the foundation has notable weaknesses that impact its overall rating. The absence of key policies such as conflict of interest and whistleblower protections raises concerns about governance practices. Furthermore, there is a lack of transparency regarding document retention and the posting of tax forms on its website, which are essential for fostering trust and accountability with stakeholders.
Overall, while the Grand Forks Parks and Recreation Foundation demonstrates commendable strengths in specific governance aspects and financial management, its missing policies and transparency issues highlight areas for improvement that could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Forks Parks And Recreation Foundation legitimate?
Grand Forks Parks And Recreation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Forks Parks And Recreation Foundation 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.gfparksfoundation.org
What is the mission statement of Grand Forks Parks And Recreation Foundation?
The Grand Forks Parks and Recreation Foundation aims to enhance and promote healthful lifestyles within the community by developing and improving parks, playgrounds, recreational facilities, programs, and activities. This initiative is open to individuals of all ages, physical abilities, and economic backgrounds. The foundation's mission is to contribute to the betterment of the community by fostering a sense of unity and wellness through these facilities and activities.
Official website here: www.gfparksfoundation.org
What is the revenue of Grand Forks Parks And Recreation Foundation?
Grand Forks Parks And Recreation Foundation's revenue in 2024 was $1,311,002.
Official website here: www.gfparksfoundation.org
Who are the executives of Grand Forks Parks And Recreation Foundation and what are their salaries?
There 10 volunteers at Grand Forks Parks And Recreation Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $137,011
- Other: $18,198
Official website here: www.gfparksfoundation.org
Where can I find the form 990 for Grand Forks Parks And Recreation Foundation?
Grand Forks Parks And Recreation Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gfparksfoundation.org
Learn more at the official website: www.gfparksfoundation.org
Mission Statement of Grand Forks Parks And Recreation Foundation
The Grand Forks Parks and Recreation Foundation is committed to fostering and encouraging healthy lifestyles within the community. They achieve this objective by investing in and improving parks, playgrounds, recreational facilities, programs, and activities that cater to people of all ages, abilities, and economic backgrounds. This nonprofit organization aims to contribute positively to the community's wellbeing, ensuring that everyone has access to these amenities, regardless of their circumstances.
In particular, the Grand Forks Parks and Recreation Foundation focuses on the construction and enhancement of parks and recreational facilities. These spaces serve as vital gathering points for the community, providing opportunities for physical activity, relaxation, and social interaction. By developing these facilities, the foundation seeks to promote a sense of unity and wellbeing among the people of Grand Forks.
One such park is the Veterans Memorial Park, which is dedicated to honoring the lives of individuals who served in the United States military. Construction on this park continued in 2022, further demonstrating the foundation's commitment to its mission and the community it serves. Through its various initiatives, the Grand Forks Parks and Recreation Foundation strives to create a thriving, health-conscious community where everyone can enjoy the benefits of a high-quality lifestyle.
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Impact
October, 2024
Grand Forks Parks and Recreation Foundation enhances community well-being by fostering healthful lifestyles through the improvement and creation of parks, playgrounds, and recreational facilities. The foundation focuses on inclusivity, ensuring that programs and activities are accessible to everyone, regardless of age, physical ability, or economic status. A notable project is Veterans Memorial Park, designed to honor those who served in the United States military while providing a space for reflection and commemoration for veterans, their families, and friends. By developing and supporting these resources, the foundation significantly contributes to the quality of life in Grand Forks, promoting physical activity, community engagement, and a stronger sense of belonging among residents.
This information is meant to be a general summary of Grand Forks Parks And Recreation Foundation. 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 2024.
- Investment Income: $84,778
- Gross Receipts: $1,402,866
Assets and Liabilities:
- Total Assets: $8,520,210
- Total Liabilities: $6,658,098
- Net Assets: $1,862,112
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Organization Details
Founding Year
2007
Principal Officer
Russ Kraft
Website
www.gfparksfoundation.orgNTEE Category
Code: N32 - Recreation
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