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Spring Creek Recreational Fund

The Opportunity Hub

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271770637 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Spring Creek Recreational Fund?

The Spring Creek Recreational Fund, also known as The Opportunity Hub, is a nonprofit organization based in New York City, specifically at 1201 Broadway, New York, NY 10001. Their mission is to reflect and grow alongside their community, empowering individuals to reach their full potential through collaboration, supportive services, and a steadfast commitment to growth. They focus on future-oriented programs that foster professional growth and development, encompassing college preparation, support for current college students, job readiness, career development, internships, and connections to training and certification programs. With a team of 6 dedicated employees, they are committed to making a long-term investment in the needs and aspirations of those they serve.


Official website here: www.theopphub.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%

Spring Creek Recreational Fund has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score of 41% reflects some positive aspects, including a fully independent board of directors and the presence of several key governance policies, which demonstrate a commitment to accountability in these areas.

However, the charity struggles with critical financial disclosures, notably lacking financial statements and a tax form on its website. These deficiencies have contributed to a low score in both the financial statements and program expense ratio categories. While the organization has an acceptable liabilities to assets ratio, the overall financial health and operational transparency raise concerns for potential donors and stakeholders.

The fund has shown strong governance practices through its conflict of interest and whistleblower policies, as well as documented board meeting minutes. Yet, the absence of key financial documentation is a significant limitation that could hinder trust and support from the community it aims to serve.


This AI summary has been generated from information found on Charity Navigator.

Is Spring Creek Recreational Fund legitimate?

Spring Creek Recreational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Creek Recreational Fund 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: $188,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,250

For more financial information, click here


Official website here: www.theopphub.org/

What is the mission statement of Spring Creek Recreational Fund?

The Spring Creek Recreational Fund's mission is to reflect and learn from the community, fostering growth and development among individuals. By fostering collaboration and providing supportive services, they aim to empower individuals to reach their highest potential. The organization is committed to making a long-term investment in the needs and future aspirations of those they serve. Their focus includes offering future-oriented growth programs, such as college preparation, support for college students, job readiness, career development, internships, and connections to training and certification programs.


Official website here: www.theopphub.org/

Who is the CEO of Spring Creek Recreational Fund?

Unavailable


Official website here: www.theopphub.org/

What is the revenue of Spring Creek Recreational Fund?

Spring Creek Recreational Fund's revenue in 2022 was $650,000.


Official website here: www.theopphub.org/

Who are the executives of Spring Creek Recreational Fund and what are their salaries?

The average compensation at Spring Creek Recreational Fund during 2022 was $53,840. There are 6 employees and 3 volunteers at Spring Creek Recreational Fund.


Here are 4 key members and their salaries:


Andrew Macarthur (Director/Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Kane (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Caraballo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanda Prabhakar (Exective Director)
  • Compensation: $178,316
  • Related: $0
  • Other: $15,911


Official website here: www.theopphub.org/

Where can I find the form 990 for Spring Creek Recreational Fund?

Spring Creek Recreational Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theopphub.org/

Learn more at the official website: www.theopphub.org/

Mission Statement of Spring Creek Recreational Fund

Spring Creek Recreational Fund is committed to reflecting and growing alongside its community. This organization aims to empower individuals by providing collaborative opportunities, supportive services, and a steadfast dedication to personal growth. Spring Creek Recreational Fund is invested in the long-term needs and aspirations of those it serves, with a focus on future-oriented growth programs. These programs encompass professional development, such as college preparation, support for college students, job readiness, career advancement, internships, and connections to training and certification programs. By fostering an environment of shared learning and growth, Spring Creek Recreational Fund aims to uplift and support its community members in realizing their highest potential.

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Impact




July, 2024

The impact of Spring Creek Recreational Fund can be seen through its dedication to empowering individuals to tap into their highest potential. By offering growth programs focused on professional development, college preparation, job readiness, career development, and more, the organization is helping individuals in New York City enhance their skills and access opportunities for success. Through collaboration, supportive services, and a commitment to growth, Spring Creek Recreational Fund is making a lasting investment in the needs and future aspirations of those they serve.




This information is meant to be a general summary of Spring Creek Recreational Fund. 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.

Revenue
$650,000 (2022)
Expenses
$522,175 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $650,000

Assets and Liabilities:

  • Total Assets: $54,127,200
  • Total Liabilities: $34,357
  • Net Assets: $54,092,843

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Organization Details

Founding Year

2010

Main Address

1201 BROADWAY, NEW YORK, NY, 10001

NTEE Category

Code: N32 - Recreation

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