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Lafayette Parks Foundation Inc C/O Brent Talcott

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

EIN: 351940198 ✦ Lafayette, IN ✦ Designated as a 501(c)(3)

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Overview

What is Lafayette Parks Foundation Inc C/O Brent Talcott?

Lafayette Parks Foundation Inc C/O Brent Talcott is a nonprofit organization based in Lafayette, Indiana. Their primary mission involves soliciting and encouraging donations to support various programs and projects under the Lafayette Parks Department. These initiatives encompass initiatives like Kids Can, the local zoo, and the development of Loeb Stadium, among others. The foundation functions to promote, aid, and encourage these endeavors to enhance the community's parks and recreational facilities. The organization primarily operates through soliciting donations to assist in these projects, serving as a vital contributor to the local community's park-related activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

The Lafayette Parks Foundation Inc has received a 67% rating from Charity Navigator, which equates to a Two-Star rating. This score reflects the organization's overall accountability and finance management, indicating a need for improvement in certain areas. However, the foundation excels in having a majority of independent board members and demonstrates effective governance practices.

Notably, the organization has a 100% independent board and zero liabilities to assets, showcasing financial stability and commitment to strong oversight. Additionally, the foundation allocates 98.74% of its expenses to program services, suggesting a strong focus on its mission and effective resource management.

Despite these strengths, the overall rating suggests there may be areas for enhancement in its accountability and transparency practices. Continuous monitoring and improvement in these areas could help the organization achieve a higher rating in the future.


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

Is Lafayette Parks Foundation Inc C/O Brent Talcott legitimate?

Lafayette Parks Foundation Inc C/O Brent Talcott is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Parks Foundation Inc C/O Brent Talcott 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

What is the mission statement of Lafayette Parks Foundation Inc C/O Brent Talcott?

The Lafayette Parks Foundation encourages and solicits donations to support various programs within Lafayette Parks, such as Kids Can, the zoo, and the development of Loeb Stadium, among others. Their activities also extend to assisting and promoting projects that align with the purposes and endeavors of the Lafayette Parks Department. The foundation's primary objective is to aid these initiatives through financial contributions.

Who is the CEO of Lafayette Parks Foundation Inc C/O Brent Talcott?

Brent Talcott is the President of Lafayette Parks Foundation Inc C/O Brent Talcott.

What is the revenue of Lafayette Parks Foundation Inc C/O Brent Talcott?

Lafayette Parks Foundation Inc C/O Brent Talcott's revenue in 2022 was $634,047.

Who are the executives of Lafayette Parks Foundation Inc C/O Brent Talcott and what are their salaries?

There 9 volunteers at Lafayette Parks Foundation Inc C/O Brent Talcott.


Here are 9 key members and their salaries:


Rachel Hazaray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Talcott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudine Laufman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Bishop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James K Risk Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Slagel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John B Scheumann Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Metzger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lafayette Parks Foundation Inc C/O Brent Talcott?

Lafayette Parks Foundation Inc C/O Brent Talcott's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lafayette Parks Foundation Inc C/O Brent Talcott

Lafayette Parks Foundation Inc C/O Brent Talcott is an organization dedicated to gathering and motivating donations to support various initiatives within Lafayette Parks, including programs such as Kids Can, the zoo, and the development of Loeb Stadium, among other park projects. The foundation's primary mission is to aid and promote purposes, activities, and endeavors that align with the objectives of the Lafayette Parks Department. Beyond financial support, the foundation also covers other program expenses to further the foundation's objectives and contribute to the overall betterment of the park programs.

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Impact




July, 2024

Lafayette Parks Foundation Inc, under the stewardship of Brent Talcott, plays a crucial role in soliciting and encouraging donations to support various park programs in Lafayette, Indiana. Their impact is felt through initiatives such as Kids Can, the zoo, development projects like Loeb Stadium, and other park-related endeavors. By facilitating financial support and resources, the foundation contributes significantly to the enhancement and maintenance of park facilities and programs, ultimately benefiting the community and promoting philanthropy within Lafayette.




This information is meant to be a general summary of Lafayette Parks Foundation Inc C/O Brent Talcott. 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
$634,047 (2022)
Expenses
$382,349 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,133
  • Gross Receipts: $646,178

Assets and Liabilities:

  • Total Assets: $4,827,751
  • Total Liabilities: $0
  • Net Assets: $4,827,751

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Organization Details

Founding Year

1994

Principal Officer

Brent Talcott

Main Address

PO BOX 1130, LAFAYETTE, IN, 479021130

NTEE Category

Code: T11 - Philanthropy

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