Overview
What is Mount Prospect Parks Foundation?
The Mount Prospect Parks Foundation is a nonprofit organization dedicated to enriching community life in Mount Prospect by advocating for and funding recreational activities in local parks and playgrounds. Through their mission, they aim to foster a sense of unity and fun among residents, ensuring that everyone has access to quality recreational facilities. By raising funds and offering support, this foundation plays a crucial role in maintaining and improving these essential public spaces, ultimately contributing to a vibrant and active community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating
The Mount Prospect Parks Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a robust score of 87%. This rating is derived entirely from the organization’s Accountability & Finance metrics, indicating a strong commitment to sound financial practices and transparency.
Strengths of the foundation include a fully independent board, with 10 out of 10 points awarded for having a majority of independent members, alongside a clean record of no material diversion of assets. Additional positive indicators include comprehensive policies on conflict of interest and document retention, both of which were fully listed and scored high marks.
While the foundation demonstrates strong accountability practices, it is important for potential donors and supporters to continue to monitor performance and ensure that it aligns with their philanthropic goals. Overall, the organization appears to be well-managed and committed to its financial responsibilities.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Prospect Parks Foundation legitimate?
Mount Prospect Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Prospect 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
What is the mission statement of Mount Prospect Parks Foundation?
The Mount Prospect Parks Foundation's mission is centered around boosting community recreational activities. They achieve this by providing support and raising funds for local parks and playgrounds. The organization's primary goal is to enhance the availability and quality of recreational facilities within the community, thereby fostering a sense of camaraderie and leisure among its residents. Through their efforts, they contribute to the overall well-being and enjoyment of the community, making recreational activities more accessible and enjoyable for all.
Who is the CEO of Mount Prospect Parks Foundation?
Janice Stone is the Vice Preside of Mount Prospect Parks Foundation.
What is the revenue of Mount Prospect Parks Foundation?
Mount Prospect Parks Foundation's revenue in 2022 was $20,478.
Who are the executives of Mount Prospect Parks Foundation and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
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Where can I find the form 990 for Mount Prospect Parks Foundation?
Mount Prospect Parks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mount Prospect Parks Foundation
The Mount Prospect Parks Foundation, in its mission, focuses on promoting community recreational activities. It accomplishes this by providing support and raising funds for local parks and playgrounds. By doing so, the organization aims to enhance the availability and accessibility of recreational facilities within the community, thereby encouraging active participation and fostering a sense of community among its residents.
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Impact
August, 2024
The impact of Mount Prospect Parks Foundation can be seen in the enhanced quality and accessibility of community recreational activities in Mount Prospect, Illinois. Through its support and fundraising efforts, the foundation has played a crucial role in improving local parks and playgrounds, making them more enjoyable and functional for residents of all ages. This has not only promoted healthier lifestyles but also fostered a stronger sense of community engagement and connection among Mount Prospect residents.
This information is meant to be a general summary of Mount Prospect 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,233
- Gross Receipts: $20,478
Assets and Liabilities:
- Total Assets: $230,198
- Total Liabilities: $0
- Net Assets: $230,198
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Organization Details
Founding Year
1994
Phone
(847) 255-5380Principal Officer
Janice Stone
Main Address
1000 WEST CENTRAL ROAD, MOUNT PROSPECT, IL, 60056
NTEE Category
Code: N32 - Recreation
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