Overview
What is Francisco Park Conservancy?
Francisco Park Conservancy is a nonprofit organization situated in San Francisco, California. In 2022, they completed the construction of a new public park, and subsequently, the city's Department of Parks & Recreation took ownership of it. The Conservancy's primary mission is to develop and manage the Francisco Reservoir site, a 4.25-acre public space in the Russian Hill area. This green oasis aims to provide a serene and peaceful retreat in an urban area that is lacking in parks and playgrounds. Post-construction, the Conservancy continues to maintain the park on behalf of the city, contributing to the community's overall well-being.
Official website here: www.franciscopark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Francisco Park Conservancy has received an 81% overall score, indicating a solid level of accountability and financial health. This rating is derived entirely from a single beacon score focused on financial metrics, reflecting the organization's commitment to responsible financial management.
The conservancy boasts a strong governance structure, with 90% of its board members being independent, ensuring unbiased oversight of its operations. Additionally, the organization has demonstrated financial stability, with a low liabilities-to-assets ratio of 0.47% and an impressive program expense ratio of 98.26%, indicating that nearly all its expenses are directed towards its programs.
While the conservancy's rating highlights its strengths in accountability and finance, it is important for potential supporters to consider the broader impact and effectiveness of its programs, as these metrics do not provide a complete picture of the organization's overall mission and outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Francisco Park Conservancy legitimate?
Francisco Park Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francisco Park Conservancy 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:
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Professional Fundraising Fees: $75,819
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For more financial information, click here
Official website here: www.franciscopark.org
What is the mission statement of Francisco Park Conservancy?
The Francisco Park Conservancy's mission is centered around the construction and upkeep of a public park, specifically on a 4.25-acre site formerly known as Francisco Reservoir. Their objective is to create a serene and tranquil green space in an urban environment that is in short supply of parks and playgrounds. After completing the construction of the park in 2022, the conservancy took on the responsibility of maintaining the park on behalf of the city's Department of Parks & Recreation.
Official website here: www.franciscopark.org
Who is the CEO of Francisco Park Conservancy?
Marc Meyer is the President of Francisco Park Conservancy.
Official website here: www.franciscopark.org
What is the revenue of Francisco Park Conservancy?
Francisco Park Conservancy's revenue in 2022 was $534,375.
Official website here: www.franciscopark.org
Who are the executives of Francisco Park Conservancy and what are their salaries?
There 25 volunteers at Francisco Park Conservancy.
Here are 17 key members and their salaries:
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Official website here: www.franciscopark.org
Where can I find the form 990 for Francisco Park Conservancy?
Francisco Park Conservancy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.franciscopark.org
Learn more at the official website: www.franciscopark.org
Mission Statement of Francisco Park Conservancy
The Francisco Park Conservancy, an esteemed organization, is committed to a mission of constructing and preserving a serene public park on a site known as Francisco Reservoir. Located in the densely populated Russian Hill area of San Francisco, this 4.25-acre public open space is in high demand for parks and playgrounds. The conservancy's objective is to develop a tranquil and picturesque green haven, offering a much-needed respite for the community.
In 2022, the Francisco Park Conservancy successfully completed the construction of this new public park and transferred the property to the city's Department of Parks & Recreation. Post-construction, the conservancy took on the responsibility of maintaining the park on behalf of the city, ensuring that the park remains in pristine condition for the enjoyment of the community.
In essence, the Francisco Park Conservancy is dedicated to enriching the lives of local residents by providing a stunning and peaceful green space in the heart of the city, addressing the dearth of such facilities in the area. By constructing and maintaining the Francisco Reservoir park, the conservancy aims to create a beautiful and tranquil oasis that enhances the quality of life for the community.
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Impact
July, 2024
Francisco Park Conservancy has made a significant impact by successfully building and maintaining a new public park on the site known as Francisco Reservoir in San Francisco. This 4.25-acre public open space now serves as a beautiful, tranquil green oasis in the densely built-up area of Russian Hill. Through its efforts, the Conservancy has provided much-needed recreational opportunities in an area that lacks sufficient parks and playgrounds. By completing the construction of the park and subsequently maintaining it on behalf of the city, Francisco Park Conservancy has enhanced the quality of life for residents and visitors alike.
This information is meant to be a general summary of Francisco Park Conservancy. 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: $4,192
- Gross Receipts: $534,375
Assets and Liabilities:
- Total Assets: $1,342,091
- Total Liabilities: $28,228
- Net Assets: $1,313,863
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Organization Details
Founding Year
2014
Phone
(650) 814-4014Principal Officer
Marc Meyer
Main Address
PO Box 475035, San Francisco, CA, 94147
Website
www.franciscopark.orgNTEE Category
Code: N32 - Recreation
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