Overview
What is Waterfront Botanical Gardens Inc?
Waterfront Botanical Gardens Inc, based in Louisville, Kentucky, is a nonprofit organization dedicated to promoting a deeper understanding of gardens and their benefits among the public. Their primary mission is to develop a botanical garden and conservatory, serving as a renowned source for horticultural information and education. With a staff of 17 employees, they aim to foster a love for nature and educate the community on the importance and beauty of gardens. Their activities include offering tours and educational classes, with the goal of inspiring people and enriching their lives through the wonders of botanical gardens.
Official website here: www.waterfrontgardens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Waterfront Botanical Gardens Inc has earned an 82% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is based entirely on a single beacon score that reflects the organization’s adherence to best practices in financial management. The charity demonstrates strong governance, with a fully independent board and no material diversion of assets, which enhances its credibility.
The organization shows effective financial health, with a high program expense ratio of 72.94%, suggesting that a significant portion of its funding directly supports its mission. Additionally, its fundraising efficiency is commendable, with only $0.09 spent to raise each dollar, which is a positive sign for potential donors looking for impact. The working capital ratio of 7.40 years indicates financial stability and sustainability.
However, there are some areas where improvement is needed, particularly in governance policies, as the charity lacks a whistleblower policy and a document retention and destruction policy. Addressing these gaps could further strengthen the organization’s accountability framework and enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Waterfront Botanical Gardens Inc legitimate?
Waterfront Botanical Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterfront Botanical Gardens 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: $127,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $899,150
For more financial information, click here
Official website here: www.waterfrontgardens.org
What is the mission statement of Waterfront Botanical Gardens Inc?
Waterfront Botanical Gardens Inc is dedicated to establishing a botanical garden and conservatory, serving as a resource for horticultural information and education. Their mission is to foster a greater public understanding of the advantages of gardens through educational tours and classes. They aim to be a trusted source that promotes gardening knowledge, thereby enhancing the appreciation for the natural world.
Official website here: www.waterfrontgardens.org
Who is the CEO of Waterfront Botanical Gardens Inc?
Jon Salomon is the Chair of Waterfront Botanical Gardens Inc.
Official website here: www.waterfrontgardens.org
What is the revenue of Waterfront Botanical Gardens Inc?
Waterfront Botanical Gardens Inc's revenue in 2021 was $5,233,701.
Official website here: www.waterfrontgardens.org
Who are the executives of Waterfront Botanical Gardens Inc and what are their salaries?
The average compensation at Waterfront Botanical Gardens Inc during 2021 was $60,396. There are 17 employees and 323 volunteers at Waterfront Botanical Gardens Inc.
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- Compensation: $119,942
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- Other: $7,635
Official website here: www.waterfrontgardens.org
Where can I find the form 990 for Waterfront Botanical Gardens Inc?
Waterfront Botanical Gardens Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.waterfrontgardens.org
Learn more at the official website: www.waterfrontgardens.org
Mission Statement of Waterfront Botanical Gardens Inc
Waterfront Botanical Gardens Inc, a non-profit organization, is dedicated to the development of a botanical garden and conservatory. This institution serves as a valuable resource for horticultural information and education, aiming to improve the public's understanding of the benefits of gardens. Through tours and educational classes, Waterfront Botanical Gardens Inc seeks to enlighten and inspire visitors about the wonders of the natural world, fostering a greater appreciation for the beauty and importance of gardens in our lives.
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Impact
June, 2024
Waterfront Botanical Gardens Inc's impact is significant in promoting environmental awareness and education through the development of a botanical garden and conservatory in Louisville, KY. By offering tours and education classes, the organization strives to improve the public's understanding of the benefits of gardens and horticulture. This initiative not only fosters a deeper connection to nature but also provides a valuable resource for horticultural information and education. Through their efforts, Waterfront Botanical Gardens Inc is actively contributing to the preservation and appreciation of our natural environment.
This information is meant to be a general summary of Waterfront Botanical Gardens 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: $616
- Program Service Revenue: $32,574
- Gross Receipts: $5,235,466
Assets and Liabilities:
- Total Assets: $21,310,510
- Total Liabilities: $821,606
- Net Assets: $20,488,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$29,374
TOURS AND EDUCATION RE
Revenue
$3,200
Organization Details
Founding Year
1995
Phone
(502) 276-5404Principal Officer
Jon Salomon
Main Address
1800 MARINAS EDGE WAY 101, LOUISVILLE, KY, 40206
Website
www.waterfrontgardens.orgNTEE Category
Code: C40 - Environment
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