Overview
What is Encore Park Dallas?
Encore Park Dallas is a community enhancement project currently under construction in Dallas, Texas, specifically at 1835 Young Street, 75201. The project aims to contribute positively to the downtown Dallas community by incorporating various social programs and activities. The main components of Encore Park Dallas include a museum, a community garden, an amphitheater, and facilities for homeless and at-risk individuals. The project's mission is to create an integrated social impact campus, merging homeless services with innovative approaches to address the evolving needs of the Dallas population. Furthermore, it plans to preserve historic buildings and introduce new cultural attractions to enrich the community.
Official website here: www.encoreparkdallas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Encore Park Dallas has received a favorable rating of 87%, indicating a strong performance in terms of accountability and finance. The organization demonstrates a solid commitment to transparency and governance, with a fully independent board and no material diversions of assets. Their operational practices, such as a documented conflict of interest policy and regular board meeting minutes, further enhance their credibility.
One of the standout features of Encore Park Dallas is its program expense ratio of 73.72%, reflecting that a significant portion of funds is directed towards its programs. Additionally, the organization exhibits excellent financial health, evidenced by a low liabilities-to-assets ratio and a remarkable working capital ratio of 16.48 years. This highlights their ability to sustain operations and invest in future initiatives.
However, while the organization shows strong financial and operational practices, the overall rating is based solely on the accountability and finance beacon. There are no metrics provided regarding program effectiveness or impact, which may limit a comprehensive assessment of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Encore Park Dallas legitimate?
Encore Park Dallas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Encore Park Dallas 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: $30,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.encoreparkdallas.org
What is the mission statement of Encore Park Dallas?
Encore Park Dallas aims to enhance the community in downtown areas through social programs and activities. Its mission is to establish an integrated social impact campus, combining homeless services with innovative approaches to meet the evolving needs of the population. The park intends to preserve historic buildings and introduce new cultural attractions, such as an amphitheater, a museum, and a community garden, to further enrich the community. The Encore Park project, currently under construction, will also provide space for activities related to homeless and at-risk resources.
Official website here: www.encoreparkdallas.org
Who is the CEO of Encore Park Dallas?
Julius Zsohar Iii is the Director of Encore Park Dallas.
Official website here: www.encoreparkdallas.org
What is the revenue of Encore Park Dallas?
Encore Park Dallas's revenue in 2022 was $2,122,496.
Official website here: www.encoreparkdallas.org
Who are the executives of Encore Park Dallas and what are their salaries?
There 7 volunteers at Encore Park Dallas.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $132,059
- Other: $52,906
- Compensation: $0
- Related: $126,451
- Other: $16,060
- Compensation: $0
- Related: $117,394
- Other: $14,710
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.encoreparkdallas.org
Where can I find the form 990 for Encore Park Dallas?
Encore Park Dallas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.encoreparkdallas.org
Learn more at the official website: www.encoreparkdallas.org
Mission Statement of Encore Park Dallas
Encore Park Dallas, a currently under-construction project, aims to enhance the community of downtown Dallas through social programs and activities. Its mission is not limited to this, however. Encore Park Dallas seeks to establish an integrated social impact campus within the city, merging homeless services with innovative channels to meet the evolving needs of the Dallas population. This mission is furthered by the preservation of historic buildings and the creation of new venues and cultural attractions, all designed to enrich the community. The Encore Park Project, a significant component of this mission, will house a museum, community garden, amphitheater, and spaces for activities related to homeless and at-risk resource centers.
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Impact
July, 2024
Encore Park Dallas is making a significant impact by enhancing the community of downtown Dallas through social programs and activities. The Encore Park project, currently under construction, aims to create an integrated social impact campus that combines homeless services with innovative new channels to meet the growing needs of the people of Dallas. By preserving historic buildings and offering new venues and cultural attractions, Encore Park Dallas is working towards creating a vibrant and inclusive space for the community. Additionally, the inclusion of a museum, community garden, amphitheater, and space for homeless and at-risk resource center activities will further contribute to the positive impact on the city of Dallas.
This information is meant to be a general summary of Encore Park Dallas. 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.
- Program Service Revenue: $1,000
- Gross Receipts: $2,122,496
Assets and Liabilities:
- Total Assets: $4,899,881
- Total Liabilities: $1,600
- Net Assets: $4,898,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$1,000
Organization Details
Founding Year
2014
Phone
(214) 748-8051Principal Officer
Julius Zsohar Iii
Main Address
1835 Young Street, Dallas, TX, 75201
Website
www.encoreparkdallas.orgNTEE Category
Code: P20 - Human services
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