Overview
What is Governors Island Alliance?
Governors Island Alliance, also known as The Friends of Governors Island, is a nonprofit organization situated in New York City, specifically at 10 South Street Slip 7, New York, NY 10004. Their primary mission is to ensure the continued growth, vitality, and accessibility of Governors Island as a public resource. They collaborate with the Trust for Governors Island and the National Park Service to steward the island's green spaces and foster community engagement through visitor services, volunteering, membership, and diverse, free programming. The Friends supplement the Trust's limited budget for horticulture by funding gardeners, tools, plants, and equipment, and leveraging volunteers to maintain the island's green spaces at a world-class level. In addition, they document and communicate the performance of the new landscapes over time, serving as a model for sustainable and resilient park care. The organization employs a total of 8 individuals.
Official website here: www.govisland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Governors Island Alliance has achieved a Four-Star rating from Charity Navigator, indicating a strong performance in Accountability and Finance, as reflected by their impressive score of 93%. This rating highlights the organization’s commitment to transparency and effective financial management, essential factors for building trust with donors and stakeholders.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, along with robust financial oversight as evidenced by the strong scores in areas such as audit committees and conflict of interest policies. Additionally, it demonstrates effective program expenditure, allocating 74.59% of its budget to programs, which is a positive indicator of its commitment to fulfilling its mission.
However, while the overall financial ratios are favorable, the working capital ratio of 0.34 years suggests potential liquidity constraints that may warrant further scrutiny. Nonetheless, the charity’s efficient fundraising practices and absence of material asset diversions further bolster its reputation as a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Governors Island Alliance legitimate?
Governors Island Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Governors Island Alliance 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: $266,699
Professional Fundraising Fees: $0
Other Salaries and Wages: $502,563
For more financial information, click here
Official website here: www.govisland.org
What is the mission statement of Governors Island Alliance?
The Governors Island Alliance, operating as The Friends of Governors Island, is dedicated to ensuring the island's growth, vitality, and accessibility as a vibrant public resource. In partnership with the Trust for Governors Island and the National Park Service, the organization stewards the island's green spaces and fosters community engagement through visitor services, volunteering, membership, and diverse, free programming. Their mission is to maintain the island's vitality and make it accessible to the public, enriching the community through various activities.
Official website here: www.govisland.org
What is the revenue of Governors Island Alliance?
Governors Island Alliance's revenue in 2024 was $2,204,276.
Official website here: www.govisland.org
Who are the executives of Governors Island Alliance and what are their salaries?
The average compensation at Governors Island Alliance during 2024 was $69,933. There are 11 employees and 2220 volunteers at Governors Island Alliance.
Here are 30 key members and their salaries:
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Official website here: www.govisland.org
Where can I find the form 990 for Governors Island Alliance?
Governors Island Alliance's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.govisland.org
Learn more at the official website: www.govisland.org
Mission Statement of Governors Island Alliance
The Governors Island Alliance, known as Friends of Governors Island, is dedicated to ensuring the continued growth, vitality, and accessibility of Governors Island as a vibrant public resource. Acting as the designated fundraising partner for the Trust for Governors Island, the Alliance collaborates with the Trust and the National Park Service to steward the island's green spaces and foster its community. They achieve this through various means, such as visitor services, volunteering, membership, and offering diverse, free programming. The Alliance plays a significant role in building and nurturing the community surrounding Governors Island, making it an engaging and accessible destination for all.
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Impact
July, 2024
Governors Island Alliance, operating as The Friends of Governors Island, plays a crucial role in ensuring the growth, vitality, and accessibility of Governors Island as a vibrant public resource. They serve as the designated fundraising partner of the Trust for Governors Island, collaborating with the Trust and the National Park Service to steward the island's green spaces and engage the community through visitor services, volunteering, membership, and diverse, free programming. Their Landscape Stewardship Program supports the Trust for Governors Island in caring for the island's new and historic landscapes by funding gardeners, tools, plants, equipment, and leveraging volunteers to maintain world-class green spaces. Through their efforts, they contribute to the island's sustainable and resilient park care, setting a model for sustainable practices.
This information is meant to be a general summary of Governors Island Alliance. 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: $2,179
- Program Service Revenue: $282,667
- Gross Receipts: $2,418,994
Assets and Liabilities:
- Total Assets: $1,306,122
- Total Liabilities: $455,795
- Net Assets: $850,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE EVENT FEES
Revenue
$256,345
WELCOME CENTER
Revenue
$26,322
Organization Details
Founding Year
2013
Principal Officer
Patricia Davis
Website
www.govisland.orgNTEE Category
Code: N32 - Recreation
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