Overview
What is Yanney Heritage Park Foundation Inc?
Yanney Heritage Park Foundation Inc is a nonprofit organization situated in Kearney, Nebraska, specifically at 412 W 48th ST Suite 12. Their primary objective is to support the operation and development of Yanney Heritage Park, a cherished community park. The foundation's mission is multifaceted, encompassing various aspects such as maintaining the park's overall well-being, facilitating its growth, and ensuring it continues to serve as a valuable resource for the local community.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 37%, Zero-Star out of Four Star rating.
The Yanney Heritage Park Foundation Inc has received a low score of 37% from Charity Navigator, primarily due to its lack of effective financial management and transparency. While the organization excels in governance, with all board members being independent and a solid audit and oversight committee, the financial metrics reveal significant weaknesses.
Specifically, the organization has a troubling financial structure with a program expense ratio of only 17.20%, indicating minimal funds allocated toward actual programs. Additionally, the fundraising efficiency is reported as zero, suggesting that the foundation is not effectively generating revenue through fundraising activities. This lack of financial health raises concerns about the foundation's ability to sustain its operations and make a meaningful impact.
Despite its strong accountability practices, the significant shortcomings in financial ratios highlight critical areas for improvement. Without addressing these financial issues, the foundation may struggle to fulfill its mission and serve its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Yanney Heritage Park Foundation Inc legitimate?
Yanney Heritage Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yanney Heritage Park Foundation 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
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What is the mission statement of Yanney Heritage Park Foundation Inc?
The Yanney Heritage Park Foundation Inc is dedicated to supporting the operation and development of a community park, specifically Yanney Heritage Park. Their mission involves ensuring the park's continuity and growth, contributing to the well-being and recreational activities of the local community. The foundation's efforts are focused on maintaining the park's infrastructure, promoting its usage, and potentially expanding its facilities to cater to a wider range of activities. By doing so, the foundation aims to enrich the community's lifestyle and foster a sense of unity and engagement among its residents.
Who is the CEO of Yanney Heritage Park Foundation Inc?
Kent Barney is the Board Member of Yanney Heritage Park Foundation Inc.
What is the revenue of Yanney Heritage Park Foundation Inc?
Yanney Heritage Park Foundation Inc's revenue in 2022 was $4,726,918.
Who are the executives of Yanney Heritage Park Foundation Inc and what are their salaries?
There 14 volunteers at Yanney Heritage Park Foundation Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Yanney Heritage Park Foundation Inc?
Yanney Heritage Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yanney Heritage Park Foundation Inc
Yanney Heritage Park Foundation Inc is dedicated to supporting the operation and development of Yanney Heritage Park, a community park. This nonprofit organization's mission is to ensure the park remains a vital and thriving space for the community. By providing necessary resources and funding, Yanney Heritage Park Foundation Inc plays a crucial role in maintaining the park's infrastructure and facilitating its growth. This includes organizing events, improving facilities, and engaging with the local community to ensure the park serves as a hub of activity and enjoyment for all. In essence, Yanney Heritage Park Foundation Inc is committed to preserving and enhancing Yanney Heritage Park as a valuable asset for the community, fostering a sense of unity and shared enjoyment among its residents.
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Impact
July, 2024
Yanney Heritage Park Foundation Inc has had a significant impact on the community by supporting the operation and development of Yanney Heritage Park. This beautiful community park in Kearney, NE, has become a beloved gathering place for residents and visitors alike. The foundation's efforts have helped enhance the park's amenities, preserve its natural beauty, and provide opportunities for recreation and leisure for people of all ages. Through their work, Yanney Heritage Park Foundation Inc has contributed to the quality of life in Kearney and fostered a sense of community spirit.
This information is meant to be a general summary of Yanney Heritage Park Foundation 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: $48,626
- Gross Receipts: $7,813,751
Assets and Liabilities:
- Total Assets: $9,956,155
- Total Liabilities: $1,734,626
- Net Assets: $8,221,529
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Organization Details
Founding Year
1998
Phone
(308) 237-3114Principal Officer
Kent Barney
Main Address
412 W 48TH ST SUITE 12, KEARNEY, NE, 68845
NTEE Category
Code: Z99 - Unknown
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