Overview
What is Miami River Fund Inc?
Miami River Fund Inc is a nonprofit organization established to serve as a unifying entity for all public policy and projects related to the Miami River. Based in Florida, it aims to bring together various governmental agencies, businesses, and residents, enabling them to collectively advocate for the betterment of the river area. The organization hosts an annual Miami River Day celebration and plays a significant role in intergovernmental coordination. As the financial arm of the Miami River Commission, it receives both governmental and private grants to further improve the Miami River by developing plans, programs, and projects that significantly contribute to the area. The primary objective is to ensure that these projects are properly funded and executed in a timely manner, acting as the commission's principal advocate and watchdog.
Official website here: www.miamirivercommission.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Miami River Fund Inc has received an 84% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance, which is critical for donor confidence. The organization has a fully independent board, which reflects strong governance practices. It also demonstrates a high program expense ratio of 97.52%, suggesting that a significant portion of its funding goes directly towards its programs and initiatives.
However, the organization does face some limitations regarding its governance policies. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction protocols. Additionally, the nonprofit has not posted its tax form on its website, which may impact transparency.
Overall, while the Miami River Fund Inc shows strengths in financial responsibility and independent governance, it would benefit from improving its governance framework to enhance accountability and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is Miami River Fund Inc legitimate?
Miami River Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami River Fund 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: $108,992
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.miamirivercommission.org
What is the mission statement of Miami River Fund Inc?
The Miami River Fund Inc., serving as the financial arm of the Miami River Commission, was established to receive both governmental and private grants. Its primary goal is to further the substantial improvement of the Miami River by utilizing these funds. The organization assists in the development of plans, programs, projects, and budgets that can significantly enhance the river area. Acting as the principal advocate and watchdog, the Miami River Fund Inc. ensures that river projects are funded and implemented properly and in a timely manner. Its mission aligns with the Miami River Commission's, which was established by Florida legislation as the official clearinghouse for all public policy and projects related to the Miami River, aiming to unite various entities to speak with a unified voice on river issues.
Official website here: www.miamirivercommission.org
What is the revenue of Miami River Fund Inc?
Miami River Fund Inc's revenue in 2023 was $824,361.
Official website here: www.miamirivercommission.org
Who are the executives of Miami River Fund Inc and what are their salaries?
The average compensation at Miami River Fund Inc during 2023 was $108,992. There is 1 employee and 120 volunteers at Miami River Fund Inc.
Here are 6 key members and their salaries:
- Compensation: $103,746
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.miamirivercommission.org
Where can I find the form 990 for Miami River Fund Inc?
Miami River Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.miamirivercommission.org
Learn more at the official website: www.miamirivercommission.org
Mission Statement of Miami River Fund Inc
Miami River Fund Inc, serving as the financial arm of the Miami River Commission, was established with a mission to substantially improve the Miami River area. This nonprofit organization plays a crucial role in receiving both governmental and private grants to further this improvement. Its primary objective is to act as an advocate and monitor, ensuring that river projects are funded and implemented effectively and in a timely manner. By doing so, Miami River Fund Inc contributes significantly to the development of plans, programs, and projects that aim to enhance the Miami River area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Miami River Fund Inc's impact is significant as it serves as the financial arm of the Miami River Commission, receiving governmental and private grants to further the substantial improvement of the Miami River. The organization plays a crucial role in advocating for and ensuring that river projects are funded and implemented in a proper and timely manner. Through its work, the Miami River Fund contributes to the development of plans, programs, and projects that aim to substantially enhance the Miami River area for the benefit of governmental agencies, businesses, and residents.
This information is meant to be a general summary of Miami River Fund 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: $1,500
- Gross Receipts: $824,361
Assets and Liabilities:
- Total Assets: $795,069
- Total Liabilities: $50,486
- Net Assets: $744,583
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Principal Officer
Brett Bibeau
Website
www.miamirivercommission.orgNTEE Category
Code: T113 - Philanthropy
If you are a representative of Miami River Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.