Overview
What is Montgomery County Park Foundation Inc?
Montgomery County Park Foundation Inc, based in Wheaton, Maryland, is a nonprofit organization dedicated to supporting Montgomery Parks. Their mission is to alleviate governmental burdens and serve the residents of Montgomery County by utilizing private funding sources. They achieve this objective by promoting, protecting, utilizing, and developing parkland owned or operated by M-NCPPC, also known as the Montgomery Park System. Specifically, they provide financial assistance through direct expense payments for grants, thereby contributing to the enhancement and preservation of public parks in the region.
Official website here: www.montgomeryparksfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Montgomery County Park Foundation Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored particularly well in various categories, including a 100% score for having an independent board and a high program expense ratio of 84.78%, which reflects a commitment to utilizing funds effectively for its programs.
While the foundation demonstrates robust financial oversight and a clear commitment to governance, it does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are important for ensuring transparency and accountability in operations. Addressing these gaps could further enhance the organization's reputation and trustworthiness among stakeholders.
Overall, the Montgomery County Park Foundation Inc presents a strong case for donor confidence with its high accountability score and effective program expenditure. However, enhancing its governance policies could solidify its status as a model nonprofit in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Montgomery County Park Foundation Inc?
82% of 22 reviewers on Facebook recommend the Montgomery County Park Foundation Inc. Here is a summary of their reviews:
While there are not many detailed insights from the reviews, a common thread among the few shared experiences indicates a positive inclination towards the foundation's mission. Some respondents express anticipation about getting involved, suggesting a level of enthusiasm for the initiatives offered by the nonprofit.
However, it seems that a significant portion of the reviews consists of users who have not yet had the opportunity to engage with the organization. This indicates a potential for growth in awareness and involvement within the community. Overall, while not overwhelmingly positive or negative, there is a sense of optimism for future participation and support for the foundation's work.
This AI summary has been generated from reviews found on Facebook.
Is Montgomery County Park Foundation Inc legitimate?
Montgomery County Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.montgomeryparksfoundation.org
What is the mission statement of Montgomery County Park Foundation Inc?
The Montgomery County Park Foundation Inc's mission is to alleviate governmental responsibilities while serving and catering to the residents of Montgomery County, Maryland. They accomplish this by utilizing private funding sources to promote, protect, utilize, and develop park land located within Montgomery County, which is managed by the Montgomery Park System. The primary objective of the foundation is to lessen the financial burden on the government in providing facilities for the community, thereby enhancing the quality of life for its residents. The foundation supports Montgomery Parks by covering the direct expenses of grants.
Official website here: www.montgomeryparksfoundation.org
Who is the CEO of Montgomery County Park Foundation Inc?
Katie Rictor is the President (January To September) of Montgomery County Park Foundation Inc.
Official website here: www.montgomeryparksfoundation.org
What is the revenue of Montgomery County Park Foundation Inc?
Montgomery County Park Foundation Inc's revenue in 2022 was $648,544.
Official website here: www.montgomeryparksfoundation.org
Who are the executives of Montgomery County Park Foundation Inc and what are their salaries?
There 10 volunteers at Montgomery County Park Foundation Inc.
Here are 10 key members and their salaries:
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- Related: $118,224
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Official website here: www.montgomeryparksfoundation.org
Where can I find the form 990 for Montgomery County Park Foundation Inc?
Montgomery County Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montgomeryparksfoundation.org
Learn more at the official website: www.montgomeryparksfoundation.org
Mission Statement of Montgomery County Park Foundation Inc
Montgomery County Park Foundation Inc, as a dedicated organization, aims to alleviate governmental burdens while serving the residents of Montgomery County, Maryland. They accomplish this by utilizing private funding sources to promote, protect, utilize, and develop parkland located within Montgomery County and managed by the Montgomery Park System. The primary goal of this foundation is to enhance the quality of life for the county's residents by supporting the Montgomery Parks system financially, covering direct expenses and grant expenses. By doing so, they contribute to the acquisition, protection, and improvement of public parks, ultimately benefiting the community as a whole.
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Impact
July, 2024
Montgomery County Park Foundation Inc's impact includes lessening the burdens of government by providing support and funding for the acquisition, protection, use, and development of park land in Montgomery County, Maryland. Through private funding sources, the foundation promotes and advances the Montgomery Park System, benefiting the residents of the county by enhancing recreational facilities and green spaces. By directly covering expenses and grants, the foundation plays a crucial role in maintaining and improving the park system for the community's enjoyment and well-being.
This information is meant to be a general summary of Montgomery County 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: $20,077
- Gross Receipts: $648,544
Assets and Liabilities:
- Total Assets: $2,125,662
- Total Liabilities: $39,235
- Net Assets: $2,086,427
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Organization Details
Founding Year
1992
Phone
(301) 495-2490Principal Officer
Katie Rictor
Main Address
2425 REEDIE DRIVE 12TH FLOOR, WHEATON, MD, 20902
NTEE Category
Code: T31Z - Philanthropy
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