Overview
What is Bennett Family Park Inc?
Bennett Family Park Inc, a nonprofit based in Minnetonka, Minnesota, is primarily dedicated to offering baseball and softball diamonds for recreational games to local youth. The park serves as a central hub for the community's baseball and softball recreational programs, with approximately 1400 children participating in games annually. To sustain its operations, the park receives financial support from local businesses through advertisements in the annual program and generates revenue by selling concessions at the games. The majority of the labor required to operate the concession stand is provided by volunteers, contributing to the park's mission. With a workforce of 16 employees, Bennett Family Park Inc plays a significant role in fostering community spirit and providing recreational opportunities for Minnetonka's youth.
Official website here: www.bennettfamilypark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Bennett Family Park Inc has achieved a Three-Star rating from Charity Navigator, with a focus on its Accountability & Finance score. This score of 76 reflects the organization’s strong governance and financial practices, particularly highlighted by its independent board composition, which consists entirely of independent members and has demonstrated no material diversion of assets.
However, there are several areas where the organization falls short. Notably, it lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which contributed to lower scores in those categories. Additionally, the nonprofit has not made its tax form readily available on its website, which may affect transparency.
Despite these limitations, Bennett Family Park Inc shows a commendable program expense ratio of 98.90%, indicating that a significant portion of its funds is directed toward its programs. Overall, while the organization demonstrates strong accountability in certain areas, addressing the noted policy gaps would enhance its governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Bennett Family Park Inc legitimate?
Bennett Family Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bennett Family 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: $70,186
For more financial information, click here
Official website here: www.bennettfamilypark.org
What is the mission statement of Bennett Family Park Inc?
Bennett Family Park Inc's mission is centered around providing baseball and softball diamonds for recreational games for the local youth in a specific community. The park primarily serves the community's baseball and softball recreational programs. To sustain its operations, the park generates funds through advertisements purchased by local businesses in its annual program and concession sales during the games. Notably, the majority of labor required to operate the concession stand is provided by volunteers. These activities contribute significantly to funding the park's operations, thereby promoting recreational opportunities for the youth.
Official website here: www.bennettfamilypark.org
Who is the CEO of Bennett Family Park Inc?
Alan Lanners is the Board Member of Bennett Family Park Inc.
Official website here: www.bennettfamilypark.org
What is the revenue of Bennett Family Park Inc?
Bennett Family Park Inc's revenue in 2022 was $135,249.
Official website here: www.bennettfamilypark.org
Who are the executives of Bennett Family Park Inc and what are their salaries?
The average compensation at Bennett Family Park Inc during 2022 was $4,387. There are 16 employees and 8 volunteers at Bennett Family Park Inc.
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Official website here: www.bennettfamilypark.org
Where can I find the form 990 for Bennett Family Park Inc?
Bennett Family Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bennettfamilypark.org
Learn more at the official website: www.bennettfamilypark.org
Mission Statement of Bennett Family Park Inc
Bennett Family Park Inc is dedicated to offering baseball and softball fields for the recreational enjoyment of Minnetonka's youth. The park primarily serves as a venue for the local community's baseball and softball recreational programs. Businesses in the area contribute by purchasing advertisements for the annual program, and the park generates additional funds by selling concessions during the games. Notably, the majority of the labor required to operate the concession stand is provided by volunteers. These activities serve to finance the park's operations, ensuring it remains a valuable resource for the community's young baseball and softball enthusiasts.
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Impact
October, 2024
Bennett Family Park Inc significantly enhances the recreational landscape for youth in Minnetonka by providing well-maintained baseball and softball diamonds. In 2022 alone, approximately 1,400 children engaged in baseball activities at the park, fostering community spirit and promoting physical fitness among the youth.
The park serves as a central hub for local baseball and softball recreational programs, ensuring that children have access to safe, organized sporting environments. By facilitating these activities, Bennett Family Park not only nurtures athletic skills but also encourages teamwork, social interaction, and community involvement.
Local businesses contribute to the park’s sustainability by purchasing advertisements in the annual program, which strengthens community ties. Additionally, the park operates concession stands during games, with the majority of labor provided by dedicated volunteers. This not only helps fund park operations but also promotes a sense of ownership and participation among community members, further solidifying the park's role as a vital resource for recreational activities in Minnetonka.
This information is meant to be a general summary of Bennett Family 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: $51
- Program Service Revenue: $91,800
- Gross Receipts: $168,132
Assets and Liabilities:
- Total Assets: $975,588
- Total Liabilities: $1,876
- Net Assets: $973,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER LEAGUE FEES
Revenue
$91,800
Organization Details
Founding Year
1956
Phone
(952) 475-1040Principal Officer
Alan Lanners
Main Address
PO BOX 1235, MINNETONKA, MN, 55345
Website
www.bennettfamilypark.orgNTEE Category
Code: N63Z - Recreation
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