Overview
What is Richland Carrousel Park Inc?
Richland Carrousel Park Inc is a nonprofit organization situated in Richland county and its surrounding areas. Their primary focus is the preservation and operation of a rebuilt Denzil-like Carrousel, which serves as a cultural and entertainment source for the community. The organization takes pride in maintaining this attraction and has even built a structure to house it, incurring related expenses. By providing this enjoyable experience, Richland Carrousel Park Inc contributes to the enjoyment and enrichment of the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Richland Carrousel Park Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational aspects. The organization scored 67% overall, with strong performance in areas such as board independence and financial management, evidenced by a 99.91% program expense ratio and a low liabilities to assets ratio of 6.95%.
However, significant areas for concern include the absence of key policies and disclosures required for transparency and accountability. The organization lacks a conflict of interest policy, a whistleblower policy, and proper website listings on its tax forms, which all negatively impacted its accountability score.
While Richland Carrousel Park Inc demonstrates effective financial stewardship and a fully independent board, the missing governance policies suggest a need for enhancement in organizational practices to better align with best practices in nonprofit management. Addressing these gaps could help the nonprofit improve its rating and build greater trust within its community.
This AI summary has been generated from information found on Charity Navigator.
Is Richland Carrousel Park Inc legitimate?
Richland Carrousel Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richland Carrousel 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: $653,961
For more financial information, click here
What is the mission statement of Richland Carrousel Park Inc?
Richland Carrousel Park Inc. is dedicated to preserving and showcasing a Denzil-like carousel, providing cultural and entertainment experiences for the community and its surroundings. They operate and maintain the carousel, investing in its upkeep. Additionally, the organization has constructed a building to house the carousel, which incurs program service expenses. The primary objective of Richland Carrousel Park Inc. is to contribute to the enjoyment and leisure activities of its visitors.
Who is the CEO of Richland Carrousel Park Inc?
Sam Vancura is the Director of Richland Carrousel Park Inc.
What is the revenue of Richland Carrousel Park Inc?
Richland Carrousel Park Inc's revenue in 2022 was $1,076,231.
Who are the executives of Richland Carrousel Park Inc and what are their salaries?
The average compensation at Richland Carrousel Park Inc during 2022 was $15,570. There are 42 employees at Richland Carrousel Park Inc.
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Where can I find the form 990 for Richland Carrousel Park Inc?
Richland Carrousel Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Richland Carrousel Park Inc
Richland Carrousel Park Inc, a nonprofit organization, is dedicated to preserving and promoting cultural and entertainment experiences for the community and its surrounding areas. At the heart of its operations is a rebuilt Denzil-like Carrousel, a historical attraction that provides enjoyment and nostalgia for visitors. The organization takes responsibility for operating and maintaining this Carrousel, ensuring its continued operation and enjoyment for generations to come. In addition to its Carrousel, Richland Carrousel Park Inc has constructed a building to house this beloved attraction, incurring necessary program service expenses. This commitment to preserving and sharing this Denzil-like Carrousel reflects its dedication to enriching the lives of its community and visitors.
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Impact
October, 2024
Richland Carrousel Park Inc significantly enhances the cultural and entertainment landscape of Richland County and its surrounding areas. By housing a beautifully rebuilt Denzil-like Carrousel, it offers a unique recreational experience that draws both locals and visitors, fostering community engagement and enjoyment. The park provides a charming and nostalgic atmosphere where families can create lasting memories.
Additionally, the construction of a dedicated building for the Carrousel demonstrates a commitment to preserving this beloved attraction while ensuring its accessibility and upkeep. This initiative not only promotes recreational activities but also stimulates local economic growth by attracting tourists and encouraging community events. Overall, Richland Carrousel Park is a vital asset to the region, enriching the lives of its residents and contributing to the area's cultural heritage.
This information is meant to be a general summary of Richland Carrousel 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.
- Investment Income: $11
- Program Service Revenue: $151,933
- Gross Receipts: $1,152,389
Assets and Liabilities:
- Total Assets: $694,361
- Total Liabilities: $48,281
- Net Assets: $646,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARROUSEL FEES
Revenue
$151,933
Organization Details
Founding Year
1986
Phone
(419) 522-4223Principal Officer
Sam Vancura
Main Address
75 NORTH MAIN STREET, MANSFIELD, OH, 44902
NTEE Category
Code: N32 - Recreation
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