Overview
What is Friends Of Percheron Park Inc?
Friends of Percheron Park Inc is a nonprofit organization based in an unspecified location, dedicated to the mission of raising private funds for the construction of a public pocket park in Moorestown, a town significant for being the first place to import the Percheron horse breed, which later became the agricultural standard. They do not run regular programs, and their expenses are primarily listed as 'Office/Postage' or 'Other' expenditures, suggesting that their activities are primarily focused on fundraising for this specific project. Their goal is to create a commemorative space that celebrates this important historical event.
Official website here: www.percheronpark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars
Friends Of Percheron Park Inc has received a One-Star rating from Charity Navigator, indicating a significant concern around its financial practices. The overall score is based solely on the Accountability & Finance beacon, with a score of 57% reflecting deficiencies particularly in the Program Expense Ratio and Liabilities to Assets Ratio, both scoring zero. This suggests limited financial transparency and a lack of substantial investment in program activities.
Despite the concerns in financial metrics, the organization demonstrates strengths in governance, including 100% independent board members and robust policies regarding conflict of interest and whistleblower protections. The board structure and material diversion of assets are also well managed, with no issues noted in these areas. Such governance practices are essential for maintaining integrity and trust.
However, the lack of program expenses raises questions about the organization's effectiveness in fulfilling its mission. Stakeholders may find it challenging to assess the impact of their contributions given the low investment in programs, which can affect overall community trust and support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Percheron Park Inc legitimate?
Friends Of Percheron Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Percheron 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: $0
For more financial information, click here
Official website here: www.percheronpark.org
What is the mission statement of Friends Of Percheron Park Inc?
Friends of Percheron Park Inc, a non-profit organization, is dedicated to raising private funds for the construction of a public pocket park. This park is intended to serve as a commemoration of Moorestown as the first place to import the Percheron horse breed, which later became the agricultural standard. Unlike many organizations that run regular programs, Friends of Percheron Park Inc focuses primarily on fundraising activities, with all expenses categorized under Office/Postage or Other expenses. The volunteers associated with the organization aim to use these funds to build the park and honor its historical significance.
Official website here: www.percheronpark.org
Who is the CEO of Friends Of Percheron Park Inc?
Kathleen Logue is the President of Friends Of Percheron Park Inc.
Official website here: www.percheronpark.org
What is the revenue of Friends Of Percheron Park Inc?
Friends Of Percheron Park Inc's revenue in 2022 was $14,554.
Official website here: www.percheronpark.org
Who are the executives of Friends Of Percheron Park Inc and what are their salaries?
There 6 volunteers at Friends Of Percheron Park Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.percheronpark.org
Where can I find the form 990 for Friends Of Percheron Park Inc?
Friends Of Percheron Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.percheronpark.org
Learn more at the official website: www.percheronpark.org
Mission Statement of Friends Of Percheron Park Inc
Friends of Percheron Park Inc, a nonprofit organization, is dedicated to the mission of privately raising funds to establish a public pocket park, a tribute to Moorestown as the initial point of import for the Percheron horse breed. This breed, later becoming a key standard in agriculture, is celebrated in this commemorative park project. Notably, Friends of Percheron Park Inc does not run regular programs. Instead, their financial expenditures are primarily categorized as Office/Postage or Other expenses, reflecting their focus on fundraising activities. The volunteers associated with this organization work diligently to gather private funds in an effort to bring this public pocket park to fruition.
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Impact
June, 2024
Friends Of Percheron Park Inc's impact lies in their dedicated efforts to raise private funds for the construction of a public pocket park in Moorestown, NJ. This park serves as a commemoration of Moorestown's historical significance as the first place to import the Percheron horse breed, which later became the agricultural standard. The volunteers involved in this initiative have successfully mobilized resources towards the creation of this park, contributing to the preservation of local history and the enhancement of community spaces. Their focus on fundraising and community engagement showcases their commitment to environmental stewardship and historical preservation.
This information is meant to be a general summary of Friends Of Percheron 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: $8
- Gross Receipts: $14,554
Assets and Liabilities:
- Total Assets: $9,610
- Total Liabilities: $0
- Net Assets: $9,610
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Organization Details
Founding Year
2012
Phone
(609) 410-3739Principal Officer
Kathleen Logue
Main Address
27 Harding Ave, Moorestown, NJ, 08057
Website
www.percheronpark.orgNTEE Category
Code: C50 - Environment
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