Overview
What is Five Points Association Inc?
Five Points Association Inc is a nonprofit organization situated in Columbia, South Carolina, specifically at 532 Congaree Ave, with a dedication to enhancing the Five Points neighborhood district. Their mission involves engaging in various projects to promote beautification, sustainability, and zero waste initiatives. They also contribute to supporting the operations of numerous effective nonprofit organizations, neighborhood groups, and associations working towards the betterment of the Five Points neighborhood. The association is instrumental in organizing events, such as St. Patrick's Day celebrations, Jerryfest, and holiday promotions, to increase the visibility and awareness of the Five Points area. With a workforce of six individuals, Five Points Association Inc plays a significant role in improving the overall well-being of its community.
Official website here: www.fivepointscolumbia.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (73%)
The Five Points Association Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. This rating reflects a moderate level of accountability and financial health. Key strengths include an independent board structure and solid handling of assets, as evidenced by scores of 8 out of 8 for majority independent board members and 10 out of 10 for material diversion of assets.
However, the organization faces significant limitations in financial transparency, scoring 0 out of 15 on financial statements and failing to meet standards for whistleblower policies and document retention. This lack of transparency may raise concerns among potential donors about the organization's financial practices. Overall, while the association shows strengths in governance, potential donors may want to consider these weaknesses carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Five Points Association Inc legitimate?
Five Points Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Points Association 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: $78,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,064
For more financial information, click here
Official website here: www.fivepointscolumbia.com
What is the mission statement of Five Points Association Inc?
The Five Points Association Inc is committed to enhancing its neighborhood district, located in an unspecified area. Their primary goal is to contribute to various beautification projects, promote area sustainability, and champion zero waste initiatives. Moreover, they aim to provide assistance to numerous hardworking and effective non-profit organizations and neighborhood groups, all dedicated to improving the same neighborhood.
Official website here: www.fivepointscolumbia.com
What is the revenue of Five Points Association Inc?
Five Points Association Inc's revenue in 2024 was $2,121,366.
Official website here: www.fivepointscolumbia.com
Who are the executives of Five Points Association Inc and what are their salaries?
The average compensation at Five Points Association Inc during 2024 was $50,450. There are 6 employees at Five Points Association Inc.
Here are 13 key members and their salaries:
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Official website here: www.fivepointscolumbia.com
Where can I find the form 990 for Five Points Association Inc?
Five Points Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fivepointscolumbia.com
Learn more at the official website: www.fivepointscolumbia.com
Mission Statement of Five Points Association Inc
Five Points Association Inc is committed to enhancing the well-being of its neighborhood district, located in the heart of Columbia. Their mission is multifaceted, encompassing various aspects of community improvement. They focus on beauty enhancement projects, promoting sustainability, and advocating for zero waste initiatives. Additionally, Five Points Association Inc extends support to numerous non-profit organizations, neighborhood groups, and associations, all of which share the goal of improving the Five Points neighborhood. The corporation's efforts are designed to aid these organizations in their operations, thereby contributing to the overall betterment of the neighborhood.
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Impact
July, 2024
Five Points Association Inc has a significant impact on the community by working towards the improvement and beautification of the Five Points neighborhood district in Columbia, SC. Through their efforts in organizing events, collaborative marketing campaigns, and supporting sustainability initiatives, they contribute to enhancing the neighborhood's appeal and visibility. Additionally, by providing contributions to other nonprofit organizations and neighborhood groups dedicated to the area's improvement, Five Points Association Inc plays a vital role in fostering a sense of community and facilitating positive change in the neighborhood.
This information is meant to be a general summary of Five Points Association 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 2024.
- Investment Income: $6,494
- Program Service Revenue: $1,241,902
- Gross Receipts: $2,121,366
Assets and Liabilities:
- Total Assets: $452,685
- Total Liabilities: $8,005
- Net Assets: $444,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME / FESTIVALS
Revenue
$1,241,902
Organization Details
Founding Year
2011
Principal Officer
Stephanie Bailey
Website
www.fivepointscolumbia.comNTEE Category
Code: E50 - Health
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