Overview
What is Pierces Park Management Inc?
Pierce's Park Management Inc is a nonprofit organization, headquartered in Baltimore, Maryland, specifically at 650 S Exeter St Suite 200. The primary mission of this organization is to manage, maintain, and operate Pierce's Park, located at Baltimore's Inner Harbor. The park features various interactive sculptures, a tire swing, and a living willow tunnel, providing amusement to thousands of children. The nonprofit takes care of the park's insurance and maintenance expenses, ensuring the park remains open to the public. To celebrate the park, Waterfront Partnership hosts an annual Pierce's Park Birthday Party. Overall, Pierce's Park Management Inc plays a significant role in the community, preserving and enhancing the local leisure space for children and families.
Official website here: www.piercespark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three Stars (83%)
Pierces Park Management Inc has achieved a Three-Star out of Four Star rating with an overall score of 83%, reflecting strong performance in accountability and finance. This rating indicates that the organization is well-managed and transparent, with a solid commitment to responsible financial practices. The single beacon score is based entirely on accountability and finance, showcasing the organization's emphasis on financial integrity.
The organization benefits from having a fully independent board of members, which contributes positively to its governance structure. It scored full points for its majority independent board members, the size of the independent board, and the absence of material diversion of assets. The organization has also effectively communicated its policies and practices, as indicated by its compliance with posting tax forms and maintaining board meeting minutes.
However, there are some areas for improvement, particularly regarding the absence of a whistleblower policy and a document retention and destruction policy. These missing elements may affect the overall robustness of the organization's governance framework. Despite these limitations, the organization maintains a commendable program expense ratio of 81.97%, indicating that a significant portion of its resources is directed towards its charitable activities.
This AI summary has been generated from information found on Charity Navigator.
Is Pierces Park Management Inc legitimate?
Pierces Park Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pierces Park Management 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.
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Official website here: www.piercespark.org
What is the mission statement of Pierces Park Management Inc?
Pierce's Park Management Inc was established with the mission to oversee, construct, maintain, and operate a public park. This organization's primary objective is to ensure the park serves and benefits the general public. The organization's activities are geared towards maintaining the park's infrastructure, which includes interactive sculptures, a tire swing, and a living willow tunnel. These features have captured the imagination of thousands of children who visit the park. Pierce's Park Management Inc keeps the park open to the public, and Waterfront Partnership hosts an annual Pierce's Park Birthday Party to further engage the community.
Official website here: www.piercespark.org
Who is the CEO of Pierces Park Management Inc?
Laurie B Schwartz is the Treasurer of Pierces Park Management Inc.
Official website here: www.piercespark.org
What is the revenue of Pierces Park Management Inc?
Pierces Park Management Inc's revenue in 2022 was $66,594.
Official website here: www.piercespark.org
Who are the executives of Pierces Park Management Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.piercespark.org
Where can I find the form 990 for Pierces Park Management Inc?
Pierces Park Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.piercespark.org
Learn more at the official website: www.piercespark.org
Mission Statement of Pierces Park Management Inc
Pierces Park Management Inc, established with the primary objective, serves to manage and maintain Pierce's Park, a recreational space situated in an urban setting. The organization's mission is to oversee the construction, maintenance, and operation of this park, ensuring it remains accessible and beneficial for the general public. Pierce's Park, known for its interactive sculptures, a tire swing, and a living willow tunnel, has inspired countless children, offering them a space for play and exploration. The organization's activities extend beyond maintenance, as they also host annual events, such as the Pierce's Park Birthday Party, organized by the Waterfront Partnership, to celebrate the park and engage the community.
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Impact
August, 2024
Pierces Park Management Inc's impact is centered around the maintenance and operation of Pierce's Park, located at Baltimore's Inner Harbor. The organization is focused on ensuring the upkeep of the park's interactive sculptures, tire swing, and living willow tunnel, providing a space that has inspired thousands of children. By managing the expenses for insurance and equipment maintenance, Pierces Park Management Inc contributes to the ongoing accessibility and enjoyment of the park for the general public. Additionally, through events like the annual Pierce's Park Birthday Party hosted by Waterfront Partnership, the organization fosters community engagement and recreational opportunities in the city of Baltimore.
This information is meant to be a general summary of Pierces Park Management 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.
- Investment Income: $32,687
- Gross Receipts: $115,625
Assets and Liabilities:
- Total Assets: $2,310,490
- Total Liabilities: $0
- Net Assets: $2,310,490
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Organization Details
Founding Year
2010
Phone
(443) 743-3307Principal Officer
Laurie B Schwartz
Main Address
650 S Exeter St Suite 200, Baltimore, MD, 21202
Website
www.piercespark.orgNTEE Category
Code: N32 - Recreation
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