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Friends Of The Park Inc

James Weldon Johnson Park

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

EIN: 454403411 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Park Inc?

Friends of the Park Inc, based in Jacksonville, Florida, is a 501c3 nonprofit organization with a mission to transform James Weldon Johnson Park into a vibrant, family-friendly gathering place. They achieve this by providing free space for various activities, including arts and music performances, child programming, and events focused on science and education. Additionally, they operate a social service program to assist individuals in need, offering resources such as housing assistance, food, and job placement. Through these initiatives, Friends of the Park Inc contributes to enhancing the community by promoting cultural events and supporting those in need.


Official website here: www.jamesweldonjohnsonpark.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

Friends Of The Park Inc has received a Three-Star out of Four Star rating from Charity Navigator, signifying a solid performance in accountability and finance. This rating reflects the organization’s commitment to maintaining transparency and effective financial management, which is crucial for fostering donor trust and support. The score is derived entirely from the Accountability & Finance beacon, indicating a strong emphasis on these areas.

One of the organizational strengths is its high Program Expense Ratio of 89.55%, demonstrating a significant portion of its resources directed towards program activities rather than administrative costs. The nonprofit also boasts an independent board with 60% of its members being independent, providing governance that avoids conflicts of interest. Furthermore, the organization has established essential policies such as conflict of interest and whistleblower protections, ensuring ethical standards are upheld.

While the organization shows robust financial health with a liabilities to assets ratio of 0.00%, indicating no debt relative to its assets, ongoing assessment of its program impact and outreach effectiveness could enhance its overall performance. Overall, Friends Of The Park Inc showcases a commendable level of accountability, making it a reputable choice for donors interested in supporting nonprofit initiatives.


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

Is Friends Of The Park Inc legitimate?

Friends Of The Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The 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: $278,011

For more financial information, click here


Official website here: www.jamesweldonjohnsonpark.org

What is the mission statement of Friends Of The Park Inc?

Friends of the Park Inc, as a 501c3 non-profit organization, is committed to transforming a public park into a vibrant, family-friendly space. Their mission involves year-round programming to ensure the park remains clean, safe, and inviting. They provide free spaces for various activities, such as arts and music performances, children's events, and science-focused events. Moreover, they operate a social service program to aid individuals in need, offering assistance with housing, food, and job placement. In essence, Friends of the Park Inc aims to revitalize the park and offer support to the community.


Official website here: www.jamesweldonjohnsonpark.org

Who is the CEO of Friends Of The Park Inc?

Bill Prescott is the Chair of Friends Of The Park Inc.


Official website here: www.jamesweldonjohnsonpark.org

What is the revenue of Friends Of The Park Inc?

Friends Of The Park Inc's revenue in 2022 was $740,969.


Official website here: www.jamesweldonjohnsonpark.org

Who are the executives of Friends Of The Park Inc and what are their salaries?

The average compensation at Friends Of The Park Inc during 2022 was $27,801. There are 10 employees and 10 volunteers at Friends Of The Park Inc.


There is 1 key member and their salary:


Bill Prescott (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jamesweldonjohnsonpark.org

Where can I find the form 990 for Friends Of The Park Inc?

Friends Of The Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jamesweldonjohnsonpark.org

Learn more at the official website: www.jamesweldonjohnsonpark.org

Mission Statement of Friends Of The Park Inc

Friends of the Park is a dedicated non-profit organization, operating under the 501c3 status. Its mission is centered around programming James Weldon Johnson Park, aiming to transform it into a welcoming and appealing space for families, filled with family-friendly activities. The organization strives to maintain the park's cleanliness, safety, and attractiveness all year round. To achieve this, Friends of the Park provides free spaces for various artistic and musical performances, child-oriented programs, and events that focus on science and education. Additionally, they offer child play opportunities to encourage an engaging and enjoyable experience for children visiting the park.

Beyond providing entertainment, Friends of the Park also has a social service program aimed at assisting individuals in need. This program focuses on offering support for housing, food, and job placement, demonstrating the organization's commitment to supporting its community beyond the park's boundaries. By offering these diverse services, Friends of the Park works tirelessly to enrich the lives of its visitors and ensure that James Weldon Johnson Park serves as a vibrant and welcoming gathering place for families and the community at large.

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Impact




July, 2024

Friends of the Park Inc, through its comprehensive programming at James Weldon Johnson Park in Jacksonville, Florida, has made a significant impact on the community. By providing free space for various performers in the arts, music, and child programming, the organization has created a vibrant and engaging environment for residents and visitors alike. In addition, their events featuring science, farmers markets, and social service programs addressing housing, food, and job placement needs have greatly benefited those in need. Overall, Friends of the Park Inc has successfully transformed the park into a clean, safe, and attractive gathering place for family-friendly activities, enriching the lives of individuals and enhancing the community as a whole.




This information is meant to be a general summary of Friends Of The 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.

Revenue
$740,969 (2022)
Expenses
$722,449 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66
  • Gross Receipts: $740,969

Assets and Liabilities:

  • Total Assets: $72,770
  • Total Liabilities: $0
  • Net Assets: $72,770

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Organization Details

Founding Year

2012

Principal Officer

Bill Prescott

Main Address

214 N Hogan St Ste 114, Jacksonville, FL, 32202

NTEE Category

Code: A51 - Arts

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