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Summit Metro Parks Foundation

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

EIN: 341683837 ✦ Akron, OH ✦ Designated as a 501(c)(3)

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Overview

What is Summit Metro Parks Foundation?

The Summit Metro Parks Foundation is a charitable organization based in Akron, Ohio, specifically at 975 Treaty Line Rd, 44313. Its primary mission is to support and enhance the programs of Summit Metro Parks. The Foundation's contributions have been instrumental in various initiatives such as youth fishing, conservation programs, nature center activities, and cycling without age. By doing so, they aim to further the charitable purpose of Summit Metro Parks, contributing to a healthier, more environmentally conscious, and active community.


Official website here: www.foundation.summitmetroparks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

The Summit Metro Parks Foundation has received an 85% score from Charity Navigator, which reflects a strong emphasis on accountability and finance. This rating indicates that the organization operates transparently and effectively, with no material diversion of assets. The foundation benefits from having a fully independent board, which contributes positively to its governance.

Strengths of the organization include a high program expense ratio of 92.44%, demonstrating that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, the foundation has an impressive fundraising efficiency ratio, indicating cost-effective fundraising practices. However, it is worth noting that the foundation lacks a whistleblower policy, which could be seen as an area for improvement in terms of safeguarding accountability.

Overall, the Summit Metro Parks Foundation shows a commitment to responsible financial management and strong governance structures. The organization is well-positioned to continue its mission effectively, though addressing the absence of a whistleblower policy could enhance its accountability framework further.


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

Is Summit Metro Parks Foundation legitimate?

Summit Metro Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Metro Parks Foundation 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

For more financial information, click here


Official website here: www.foundation.summitmetroparks.org

What is the mission statement of Summit Metro Parks Foundation?

The Summit Metro Parks Foundation, in its mission, works to support the charitable objectives of Summit Metro Parks. This organization aims to bolster their efforts by providing financial assistance to various programs. These programs encompass youth fishing, conservation initiatives, nature center activities, and cycling programs for the elderly (Cycling without Age). The foundation's purpose is to enhance the overall capabilities and reach of these programs for the benefit of the community and the environment.


Official website here: www.foundation.summitmetroparks.org

Who is the CEO of Summit Metro Parks Foundation?

S Theresa Carter is the President of Summit Metro Parks Foundation.


Official website here: www.foundation.summitmetroparks.org

What is the revenue of Summit Metro Parks Foundation?

Summit Metro Parks Foundation's revenue in 2022 was $1,247,131.


Official website here: www.foundation.summitmetroparks.org

Who are the executives of Summit Metro Parks Foundation and what are their salaries?


Here are 6 key members and their salaries:


Herbert Newman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Spisak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Curtis T Walker Sr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Bailey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Theresa Carter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa King (Summit Metro Parks, Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundation.summitmetroparks.org

Where can I find the form 990 for Summit Metro Parks Foundation?

Summit Metro Parks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundation.summitmetroparks.org

Learn more at the official website: www.foundation.summitmetroparks.org

Mission Statement of Summit Metro Parks Foundation

The Summit Metro Parks Foundation, an organization dedicated to charitable causes, works in close alignment with Summit Metro Parks to further its noble mission. This foundation aims to support various programs under its wing, such as youth fishing, conservation initiatives, nature center programs, and cycling without age. By doing so, it contributes significantly to the enhancement and enrichment of the services offered by Summit Metro Parks, ultimately benefiting the community as a whole.

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Impact




June, 2024

Summit Metro Parks Foundation's impact is seen through its support of various Summit Metro Parks programs aimed at promoting environmental conservation, outdoor education, and recreational activities. The foundation plays a crucial role in funding initiatives such as youth fishing, conservation programs, nature center programs, and cycling without age. By providing financial assistance to these programs, the foundation helps to enrich the community, protect natural resources, and foster a love for the outdoors among individuals of all ages.




This information is meant to be a general summary of Summit Metro Parks Foundation. 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
$1,247,131 (2022)
Expenses
$227,661 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $220
  • Gross Receipts: $1,253,330

Assets and Liabilities:

  • Total Assets: $1,494,776
  • Total Liabilities: $0
  • Net Assets: $1,494,776

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Organization Details

Founding Year

1991

Principal Officer

S Theresa Carter

Main Address

975 Treaty Line Rd, Akron, OH, 44313

NTEE Category

Code: C125 - Environment

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