Overview
What is The Parks Foundation Of Hendricks County?
The Parks Foundation of Hendricks County is a nonprofit organization dedicated to enriching and maintaining the public parks and trails within Hendricks County, Indiana. Established in 2009, its mission is to cultivate thriving outdoor experiences by growing financial resources to enhance the county's parks and trails. The foundation achieves this through various initiatives, such as hosting the Summer Fun Run series, a family-friendly running/walking tour that showcases 14 different parks and trails. The goal of the Summer Fun Run is to raise funds through sponsorships, registrations, and individual donations, attract close to 400 participants, and provide grants to participating parks for capital or programming needs. The foundation's vision is to create beautiful parks, trails, and outdoor spaces that make Hendricks County a more vibrant place to live, work, and play. The funds raised from the Summer Fun Run are used to support projects like conservation signage, tree planting, and habitat improvement, among others. The Parks Foundation of Hendricks County aims to engage the community, influencing residents to become donors of the foundation and contribute to the upkeep of their local parks.
Official website here: www.pfohc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43% (Zero-Star out of Four Stars)
The Parks Foundation of Hendricks County has received a low rating of 43% from Charity Navigator, indicating significant concerns regarding its financial transparency and program effectiveness. The score is derived entirely from Accountability & Finance metrics, highlighting potential issues in how the organization allocates its resources toward its mission.
While the organization boasts a fully independent board and has no material diversion of assets, it falls short in critical areas such as maintaining a whistleblower policy and a document retention policy. Additionally, the program expense ratio is concerningly low at 46.47%, suggesting that less than half of its expenditures are directly supporting its programs.
Overall, while certain governance aspects of the Parks Foundation are commendable, the organization needs to address its financial management practices to enhance its accountability and better serve its community. The absence of key policies and low program spending raises questions about its operational effectiveness and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Parks Foundation Of Hendricks County legitimate?
The Parks Foundation Of Hendricks County is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Parks Foundation Of Hendricks County 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: $36,225
For more financial information, click here
Official website here: www.pfohc.com
What is the mission statement of The Parks Foundation Of Hendricks County?
The Parks Foundation's mission is dedicated to enhancing the quality of life and longevity of its community by fostering vibrant parks, trails, and outdoor spaces. By raising funds, the foundation aims to improve the cultural, recreational, and natural resources of public parks, making them more attractive destinations for residents to live, work, and play. Their ultimate goal is to ensure the preservation and development of these essential community spaces, contributing to the overall vitality of the area.
Official website here: www.pfohc.com
What is the revenue of The Parks Foundation Of Hendricks County?
The Parks Foundation Of Hendricks County's revenue in 2023 was $190,935.
Official website here: www.pfohc.com
Who are the executives of The Parks Foundation Of Hendricks County and what are their salaries?
The average compensation at The Parks Foundation Of Hendricks County during 2023 was $36,225. There is 1 employee and 20 volunteers at The Parks Foundation Of Hendricks County.
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Official website here: www.pfohc.com
Where can I find the form 990 for The Parks Foundation Of Hendricks County?
The Parks Foundation Of Hendricks County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pfohc.com
Learn more at the official website: www.pfohc.com
Mission Statement of The Parks Foundation Of Hendricks County
The Parks Foundation of Hendricks County, established in 2009, is a nonprofit organization dedicated to improving the well-being of its community residents. Its mission revolves around enhancing the county's parks, trails, and outdoor spaces to create vibrant communities where people can live, work, and play. The organization recognizes the significant role of beautiful parks in enriching the quality of life and strives to ensure the longevity of these valuable resources.
To achieve this, The Parks Foundation of Hendricks County raises funds to improve the cultural, recreational, and natural resources of the county's public parks. By doing so, they aim to maintain and further develop the county's parks, offering residents a variety of amenities that make Hendricks County one of the state's top destinations for outdoor activities. The organization's efforts are geared towards enriching the community's parks to promote physical and spiritual well-being among its residents.
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Impact
June, 2024
The Parks Foundation of Hendricks County has made a significant impact by enhancing the quality of life for residents in Hendricks County. Through their efforts to fund projects that promote physical and spiritual well-being, the Foundation has supported the development and maintenance of beautiful parks, trails, and outdoor spaces in the community. By organizing events like the Summer Fun Run Series, they have not only raised funds but also raised awareness about the importance of outdoor spaces and the need for additional funding to support these resources.
The Foundation's grants have been instrumental in supporting various projects, such as conservation signage, tree planting, habitat improvements, and infrastructure enhancements in local parks. These efforts have not only improved the recreational opportunities for residents but have also contributed to the overall vibrancy and attractiveness of the community.
Overall, The Parks Foundation of Hendricks County's vision to cultivate thriving outdoor experiences and mission to grow financial resources for the county's public parks have had a positive and lasting impact on the community, making it a more vibrant place to live, work, and play.
This information is meant to be a general summary of The Parks Foundation Of Hendricks County. 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: $2,697
- Gross Receipts: $211,005
Assets and Liabilities:
- Total Assets: $105,695
- Total Liabilities: $0
- Net Assets: $105,695
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Organization Details
Founding Year
2009
Principal Officer
Kevin Miller
Website
www.pfohc.comNTEE Category
Code: C113 - Environment
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