Overview
What is Redwood City Parks And Arts Foundation?
The Redwood City Parks and Arts Foundation is a dedicated nonprofit organization situated in Redwood City, California. Their primary mission is to foster and promote public parks, recreational programming, community services, cultural activities, and the arts within the Redwood City community and its surrounding unincorporated areas. They achieved this by organizing various events, such as the Chalk Full of Fun, Picnic en Blanc, and Music on the Square fundraisers, as well as co-hosting events like Oktoberfest and 4 Pub in the Park. The foundation also supported local initiatives, like an inclusion festival, art exhibitions, and workshops. They funded projects, like a mosaic tile project and a Google for Nonprofits account, and maintained TD Ameritrade accounts for their funds. The foundation also advocated for community needs, hired a part-time administrative assistant, and celebrated their 10th anniversary with an anniversary logo. Throughout their activities, they aimed to enhance the cultural and recreational landscape of Redwood City.
Official website here: www.rwcpaf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
The Redwood City Parks and Arts Foundation has received a rating of 77%, indicating a solid level of accountability and financial health. This rating is derived entirely from their Accountability & Finance score, which reflects the organization's commitment to transparency and responsible management of resources. A three-star rating suggests that while the organization is performing well, there may be areas for improvement.
The foundation has demonstrated strong governance practices, with a fully independent board and comprehensive policies in place, such as conflict of interest and whistleblower protections. Their financial practices are commendable, as evidenced by a high program expense ratio of 91.57%, which indicates that a significant portion of their funds is directed towards programs rather than administrative costs. Additionally, the absence of material diversion of assets showcases a stable financial environment.
However, the organization's liabilities to assets ratio is 55.50%, which could imply a moderate level of debt compared to their assets. While this is not a red flag, it suggests the need for monitoring to ensure long-term financial sustainability. Overall, the Redwood City Parks and Arts Foundation appears to be effectively managed, with a strong focus on its mission, though stakeholders may want to watch for any changes in its financial ratios in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Redwood City Parks And Arts Foundation legitimate?
Redwood City Parks And Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood City Parks And Arts Foundation 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: $5,060
For more financial information, click here
Official website here: www.rwcpaf.org
What is the mission statement of Redwood City Parks And Arts Foundation?
The Redwood City Parks and Arts Foundation's mission is to support and advance public parks, recreational programming, community services, cultural activities, and the arts within its community. The organization aims to aid, assist, promote, and advocate for these facilities and events, working towards their development. The foundation is also dedicated to advocating, advancing, and developing support for these sectors in the surrounding unincorporated areas. Through its efforts, the foundation aims to enrich the community by enhancing its parks, recreational programs, cultural activities, and artistic offerings.
Official website here: www.rwcpaf.org
Who is the CEO of Redwood City Parks And Arts Foundation?
Pamela Estes is the Chairperson of Redwood City Parks And Arts Foundation.
Official website here: www.rwcpaf.org
What is the revenue of Redwood City Parks And Arts Foundation?
Redwood City Parks And Arts Foundation's revenue in 2022 was $949,035.
Official website here: www.rwcpaf.org
Who are the executives of Redwood City Parks And Arts Foundation and what are their salaries?
The average compensation at Redwood City Parks And Arts Foundation during 2022 was $5,060. There is 1 employee and 147 volunteers at Redwood City Parks And Arts Foundation.
Here are 7 key members and their salaries:
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Official website here: www.rwcpaf.org
Where can I find the form 990 for Redwood City Parks And Arts Foundation?
Redwood City Parks And Arts Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rwcpaf.org
Learn more at the official website: www.rwcpaf.org
Mission Statement of Redwood City Parks And Arts Foundation
The Redwood City Parks and Arts Foundation is dedicated to supporting and enhancing the public parks, recreational programming, community services, cultural activities, and the arts within the Redwood City community and surrounding unincorporated areas. The organization's mission is multifaceted, aiming to aid, assist, promote, advocate, and develop support for these various sectors. It seeks to advocate for, advance, and develop backing for parks, recreational activities, community services, cultural events, and artistic endeavors in Redwood City and its vicinity. By undertaking these initiatives, the Redwood City Parks and Arts Foundation strives to contribute to the enrichment and betterment of the community as a whole.
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Impact
July, 2024
Redwood City Parks And Arts Foundation has made a significant impact in the Redwood City community by supporting public park facilities, recreational programming, community services, cultural activities, and the arts. The foundation has organized and hosted various events like Chalk Full of Fun, Picnic en Blanc, Music on the Square fundraisers, Oktoberfest, Pub in the Park events, and more. Additionally, they have managed volunteer programs, sponsored festivals and art events, funded projects like the mosaic tile installation at Fleishman Park, and collaborated with organizations like the Redwood City Library Foundation and Casa Circulo Cultural. The foundation has also received grants to implement arts programming plans, conduct free art workshops, and host art exhibitions and workshops for the community. Through these initiatives, Redwood City Parks And Arts Foundation has contributed significantly to enhancing the community's cultural landscape and promoting public engagement in arts and recreational activities in the region.
This information is meant to be a general summary of Redwood City Parks And Arts Foundation. 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: $25,307
- Program Service Revenue: $554,027
- Gross Receipts: $960,730
Assets and Liabilities:
- Total Assets: $3,661,219
- Total Liabilities: $2,032,175
- Net Assets: $1,629,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$554,027
Organization Details
Founding Year
2012
Phone
(650) 780-7250Principal Officer
Pamela Estes
Main Address
1400 ROOSEVELT AVE, REDWOOD CITY, CA, 94061
Website
www.rwcpaf.orgNTEE Category
Code: N11 - Recreation
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