Overview
What is Hyde Park Presbyterian Foundation Inc?
Hyde Park Presbyterian Foundation Inc, located at 1309 W Swann Avenue, Tampa, Florida, is a nonprofit organization dedicated to managing contributions for Hyde Park Presbyterian Church. The Foundation's primary purpose is to standardize and formalize the process of administering gifts not typically associated with the church's annual operating budget. These funds are utilized to support the church's ministry and mission. The income generated from the Foundation's assets is specifically allocated towards these church-related initiatives. The Foundation also handles investment expenses, such as management fees paid to the National Christian Foundation.
Official website here: www.hydeparkpres.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Hyde Park Presbyterian Foundation Inc has received a three-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based solely on the charity's performance in the Accountability & Finance beacon, reflecting its commitment to responsible financial practices. Notably, the organization has achieved a perfect score for independent board members and has no material diversion of assets, demonstrating strong governance and transparency.
The foundation’s strengths include a fully independent board and exemplary financial ratios, such as a 100% program expense ratio, which signifies that all its expenditures are directed toward its programs. Additionally, its liabilities to assets ratio is at an impressive 0.00%, suggesting sound financial stability. The organization has also been diligent in posting board meeting minutes and ensuring its tax form is available on its website.
However, some policies are missing, including a conflict of interest policy, a whistleblower policy, and document retention protocols, which have negatively impacted its overall score. Addressing these gaps could further enhance its accountability and strengthen donor confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hyde Park Presbyterian Foundation Inc?
88% of 16 reviewers on Facebook recommend Hyde Park Presbyterian Foundation Inc. Here is a summary of their reviews:
Reviewers express a deep affection for their church community and highlight the strong sense of family within the congregation. Many emphasize the warmth and inclusiveness of the environment, suggesting that it fosters strong connections among members. Individuals appear to appreciate the church's commitment to supporting its members and the broader community.
Overall, the sentiment towards the Hyde Park Presbyterian Foundation is overwhelmingly positive. Those who participate feel a genuine sense of belonging and are grateful for the supportive atmosphere the foundation provides.
This AI summary has been generated from reviews found on Facebook.
Is Hyde Park Presbyterian Foundation Inc legitimate?
Hyde Park Presbyterian Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hyde Park Presbyterian 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
For more financial information, click here
Official website here: www.hydeparkpres.com
What is the mission statement of Hyde Park Presbyterian Foundation Inc?
The Hyde Park Presbyterian Foundation Inc's mission is centered around standardizing and formalizing the process of managing contributions that are not typically part of the church's annual operating budget. These funds, generated from the foundation's assets, are intended to support the ministry and mission of the associated church. The foundation allocates these funds to specific programs within the church, as designated by the donor or the church's board. Additionally, the foundation incurs investment expenses for the management of its investments, often through the services of organizations like the National Christian Foundation.
Official website here: www.hydeparkpres.com
Who is the CEO of Hyde Park Presbyterian Foundation Inc?
Josh B Crum is the President of Hyde Park Presbyterian Foundation Inc.
Official website here: www.hydeparkpres.com
What is the revenue of Hyde Park Presbyterian Foundation Inc?
Hyde Park Presbyterian Foundation Inc's revenue in 2021 was $39,622.
Official website here: www.hydeparkpres.com
Who are the executives of Hyde Park Presbyterian Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.hydeparkpres.com
Where can I find the form 990 for Hyde Park Presbyterian Foundation Inc?
Hyde Park Presbyterian Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.hydeparkpres.com
Learn more at the official website: www.hydeparkpres.com
Mission Statement of Hyde Park Presbyterian Foundation Inc
Hyde Park Presbyterian Foundation Inc is dedicated to standardizing and formalizing the process of administering contributions to Hyde Park Presbyterian Church Inc, which are not typically associated with the church's annual operating budget. The primary objective is to utilize the income generated from these foundation assets to support the ministry and mission of the church. By doing so, the foundation aims to facilitate specific programs within the church, as designated by the donor or the board of Hyde Park Presbyterian Church. Additionally, the foundation may incur investment expenses, such as fees paid to the National Christian Foundation for managing its investments.
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Impact
October, 2024
Hyde Park Presbyterian Foundation Inc plays a critical role in supporting and enhancing the mission of Hyde Park Presbyterian Church. By standardizing and formalizing the administration of contributions, the Foundation ensures that additional financial resources are effectively managed and directed toward various church initiatives that fall outside the regular operating budget.
The funds provided through the Foundation enable the church to pursue specific programs and projects as designated by donors or the church's board. This support extends the church's capacity to impact its community positively, allowing for the development of enriching programs that align with its mission.
Additionally, the strategic investment of foundation assets generates income that further underpins the ministry and mission of the church, ensuring sustainability and growth. Through careful management, the Foundation not only augments the church's financial resources but also nurtures a culture of giving, wherein community members can contribute meaningfully to the church’s objectives. Overall, Hyde Park Presbyterian Foundation Inc significantly enhances the church's ability to serve and engage with its congregation and the broader community.
This information is meant to be a general summary of Hyde Park Presbyterian 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 2021.
- Investment Income: $6,706
- Gross Receipts: $39,622
Assets and Liabilities:
- Total Assets: $860,495
- Total Liabilities: $0
- Net Assets: $860,495
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Organization Details
Founding Year
1987
Phone
(813) 253-0069Principal Officer
Josh B Crum
Main Address
1309 W SWANN AVENUE, TAMPA, FL, 33606
Website
www.hydeparkpres.comNTEE Category
Code: X20 - Religion related
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