Overview
What is Canal Park Inc?
Canal Park Inc, located at 1100 New Jersey Avenue SE 1000, Washington DC 20003, is a dedicated nonprofit organization. Its primary mission is to manage and maintain a green, sustainable, and eco-friendly public park in the Capitol Riverfront neighborhood of Washington DC. This park serves as a community gathering place, fostering civic and public activities in the southeast district. The organization's work aims to ensure the park remains an accessible and enjoyable space for local residents.
Official website here: www.canalparkdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Canal Park Inc has received an 88% rating from Charity Navigator, indicating a solid commitment to accountability and financial transparency. This score reflects a strong performance in various categories, particularly in governance, where the organization boasts 100% independent board members. Additionally, key financial practices, such as having no material diversion of assets and a high program expense ratio of 96.48%, highlight the charity's focus on its mission.
The organization has a well-structured board, with eight independent members, and maintains thorough financial documentation practices. Their adherence to guidelines for conflict of interest and document retention policies further reinforces their integrity. However, it is noted that Canal Park Inc is missing a whistleblower policy, which could be a potential area for improvement in their governance framework.
Overall, Canal Park Inc demonstrates effective financial management and a dedication to its charitable purpose, making it a reliable organization for potential donors. The high program expense ratio suggests that a significant portion of funding goes directly to its programs, aligning with the interests of supporters who prioritize direct impact. Addressing the gaps in governance policies will enhance their credibility further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Canal Park Inc?
92% of 10 reviewers on Facebook recommend Canal Park Inc. Here is a summary of their reviews:
Many users appreciate Canal Park as a fantastic destination for family outings, social gatherings, and romantic dates, highlighting its versatility. The atmosphere is described as inviting, making it a great spot for both relaxation and fun activities.
Overall, patrons express satisfaction with their experiences, indicating that Canal Park delivers a welcoming and enjoyable environment for various occasions.
This AI summary has been generated from reviews found on Facebook.
Is Canal Park Inc legitimate?
Canal Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canal Park Inc 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
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Official website here: www.canalparkdc.org
What is the mission statement of Canal Park Inc?
Canal Park Inc's mission is centered around promoting the management of a green-space or public park, catering to community, civic, and public use. The primary goal is to create a sustainable and eco-friendly gathering place for the community. Located in an unspecified area, Canal Park Inc in the Capitol Riverfront neighborhood of DC serves as a dedicated venue for neighbors to enjoy and interact in a green environment.
Official website here: www.canalparkdc.org
Who is the CEO of Canal Park Inc?
William C Smith Jr is the Chairperson of Canal Park Inc.
Official website here: www.canalparkdc.org
What is the revenue of Canal Park Inc?
Canal Park Inc's revenue in 2022 was $532,498.
Official website here: www.canalparkdc.org
Who are the executives of Canal Park Inc and what are their salaries?
There 8 volunteers at Canal Park Inc.
Here are 8 key members and their salaries:
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Official website here: www.canalparkdc.org
Where can I find the form 990 for Canal Park Inc?
Canal Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.canalparkdc.org
Learn more at the official website: www.canalparkdc.org
Mission Statement of Canal Park Inc
Canal Park Inc, a nonprofit organization, is dedicated to promoting the management of green-spaces and public parks for community, civic, and public use in Southeast DC. Their mission is to create and maintain a sustainable and eco-friendly gathering place for neighbors within the Capitol Riverfront neighborhood of the city. Canal Park Inc serves as a hub for community events and activities, providing a green and peaceful atmosphere for individuals to come together and connect. The organization's primary goal is to ensure the park remains a welcoming and accessible space for all members of the community, fostering a sense of unity and collaboration within the area.
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Impact
July, 2024
Canal Park Inc's impact is primarily focused on providing a sustainable and green gathering place for the community in the Capitol Riverfront neighborhood of Washington, DC. By promoting the management of green space and public parks for community, civic, and public use in Southeast DC, Canal Park Inc contributes to the well-being and quality of life for local residents. Additionally, the park serves as a recreational space that fosters community engagement and a sense of place within the neighborhood.
This information is meant to be a general summary of Canal Park Inc. 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.
- Program Service Revenue: $357,437
- Gross Receipts: $532,498
Assets and Liabilities:
- Total Assets: $11,877,818
- Total Liabilities: $27,441
- Net Assets: $11,850,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION INCOME
Revenue
$352,950
STORM WATER/OP REIM.
Revenue
$4,487
Organization Details
Founding Year
2009
Phone
(202) 371-1220Principal Officer
William C Smith Jr
Main Address
1100 NEW JERSEY AVE SE 1000, WASHINGTON, DC, 20003
Website
www.canalparkdc.orgNTEE Category
Code: N32 - Recreation
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