Overview
What is The Liriodendron Foundation Inc?
The Liriodendron Foundation Inc, situated in Harford County, Maryland, is a nonprofit organization that collaborates with the Harford County Department of Parks and Recreation to enrich the local community. They engage in a variety of recreational, historical, and cultural activities, aiming to benefit the citizens of Harford County. Through these endeavors, the foundation contributes to fostering a vibrant and culturally rich environment in the area.
Official website here: www.liriodendron.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Liriodendron Foundation Inc has achieved a high score of 96%, earning a Four-Star rating, which indicates a strong commitment to accountability and financial health. The organization's overall score is derived solely from its accountability and finance aspects, showcasing its emphasis on transparency and responsible management of resources.
Strengths of the foundation include a fully independent board with 100% independent members, solid financial statements, and effective policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, the foundation demonstrates a strong program expense ratio of 90.67%, indicating that a significant portion of its resources is directed towards its mission-driven activities.
However, while the organization excels in these areas, the rating is based only on financial data, and there may be other important factors affecting the nonprofit's overall impact and effectiveness that are not captured in this score. Nonetheless, The Liriodendron Foundation appears to maintain high standards in governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Liriodendron Foundation Inc legitimate?
The Liriodendron Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Liriodendron 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: $194,018
For more financial information, click here
Official website here: www.liriodendron.com
What is the mission statement of The Liriodendron Foundation Inc?
The Liriodendron Foundation, in its mission, works towards enriching the community by engaging in recreational, historical, and cultural activities. It accomplishes this in collaboration with the Harford County Department of Parks and Recreation, with the aim of benefiting the citizens of Harford County, Maryland. The foundation's activities are designed to contribute positively to the community, enhancing the lives of its residents. The Liriodendron Foundation's role is to foster a sense of community and shared culture through its various initiatives.
Official website here: www.liriodendron.com
Who is the CEO of The Liriodendron Foundation Inc?
Arden Mcclune is the Director of The Liriodendron Foundation Inc.
Official website here: www.liriodendron.com
What is the revenue of The Liriodendron Foundation Inc?
The Liriodendron Foundation Inc's revenue in 2023 was $540,945.
Official website here: www.liriodendron.com
Who are the executives of The Liriodendron Foundation Inc and what are their salaries?
The average compensation at The Liriodendron Foundation Inc during 2023 was $13,858. There are 14 employees and 25 volunteers at The Liriodendron Foundation Inc.
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Official website here: www.liriodendron.com
Where can I find the form 990 for The Liriodendron Foundation Inc?
The Liriodendron Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.liriodendron.com
Learn more at the official website: www.liriodendron.com
Mission Statement of The Liriodendron Foundation Inc
The Liriodendron Foundation, a community-focused organization, aims to enrich its surroundings by collaborating with Harford County Department of Parks and Recreation. Their mission is to organize and facilitate recreational, historical, and cultural activities, ultimately benefiting the citizens of Harford County, Maryland. By partnering with the local department, The Liriodendron Foundation contributes to the community's enrichment, providing a wide range of activities that cater to various interests and backgrounds.
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Impact
July, 2024
The Liriodendron Foundation Inc enriches the community of Harford County, Maryland through recreational, historical, and cultural activities in partnership with the Harford County Department of Parks and Recreation. Their impact is felt through the enhancement of citizens' quality of life, preservation of local history, and fostering a sense of community through engaging activities.
This information is meant to be a general summary of The Liriodendron 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 2023.
- Investment Income: $30,074
- Program Service Revenue: $389,328
- Gross Receipts: $540,945
Assets and Liabilities:
- Total Assets: $875,413
- Total Liabilities: $6,250
- Net Assets: $869,163
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT RENTAL INCOME
Revenue
$384,925
OTHER PROGRAM INCOME
Revenue
$4,403
Organization Details
Founding Year
1980
Phone
(410) 838-3942Principal Officer
Arden Mcclune
Main Address
502 WEST GORDON STREET, BEL AIR, MD, 21014
Website
www.liriodendron.comNTEE Category
Code: N32 - Recreation
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