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Eugene Parks Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721551436 ✦ Eugene, OR ✦ Designated as a 501(c)(3)

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Overview

What is Eugene Parks Foundation?

The Eugene Parks Foundation is a nonprofit organization dedicated to enhancing and improving local community parks in Eugene. They achieve this by providing financial support for recreational programs managed by the city, and serving as a fiscal sponsor for various parks and recreational facilities. Their mission is to improve the overall quality of community parks, enabling residents to enjoy a wide range of recreational activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

The Eugene Parks Foundation has achieved an overall score of 80%, reflecting a strong performance in accountability and finance. The rating is based entirely on a single beacon score, indicating that the foundation prioritizes fiscal responsibility and transparency. The organization notably has a fully independent board, with all 10 members meeting this criterion, which enhances its governance and decision-making processes.

The foundation demonstrates excellent management of its assets, with no material diversion reported, and a low liabilities to assets ratio of just 1.11%. This suggests that the organization is well-positioned financially and is effectively utilizing its resources. Additionally, it maintains a high program expense ratio of 83.42%, indicating that a significant portion of its funds is directed toward its programs and initiatives.

While the organization scores highly in these areas, potential donors may consider the overall three-star rating as a moderate level of assurance. The strong accountability measures are commendable, but further qualitative insights into program effectiveness and impact could enhance the foundation's reputation and provide deeper assurance for stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Eugene Parks Foundation legitimate?

Eugene Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eugene Parks Foundation 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: $79,638

For more financial information, click here

What is the mission statement of Eugene Parks Foundation?

The Eugene Parks Foundation, in its mission, works towards enhancing and improving local community parks. It accomplishes this by providing financial support for recreational programs managed by the city, and serving as a fiscal sponsor for various parks and recreational facilities. By doing so, the foundation aims to contribute to the betterment of community spaces, fostering a more enriching environment for the local community.

Who is the CEO of Eugene Parks Foundation?

Terry Smith is the President of Eugene Parks Foundation.

What is the revenue of Eugene Parks Foundation?

Eugene Parks Foundation's revenue in 2022 was $672,014.

Who are the executives of Eugene Parks Foundation and what are their salaries?

The average compensation at Eugene Parks Foundation during 2022 was $79,638. There is 1 employee at Eugene Parks Foundation.


Here are 3 key members and their salaries:


Mark Shunmaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Winquist (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eugene Parks Foundation?

Eugene Parks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Eugene Parks Foundation

The Eugene Parks Foundation, as a dedicated organization, aims to enhance and improve local community parks. It accomplishes this mission by providing essential funding for various recreational programs managed by the city of Eugene. Moreover, the foundation acts as a fiscal sponsor, supporting numerous parks and recreational facilities. In this capacity, the Eugene Parks Foundation plays a significant role in boosting the quality of recreational opportunities within the community, thereby contributing to the overall well-being and enjoyment of local residents.

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Impact




July, 2024

The Eugene Parks Foundation significantly enhances and improves local community parks by providing funding for recreational programs administered by the city of Eugene. Additionally, they act as a fiscal sponsor for various parks and recreational facilities, ensuring their continued operation and improvement. Their impact is felt in the increased accessibility and quality of recreational opportunities for residents in Eugene, Oregon.




This information is meant to be a general summary of Eugene Parks Foundation. 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.

Revenue
$672,014 (2022)
Expenses
$726,787 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$112
  • Gross Receipts: $680,752

Assets and Liabilities:

  • Total Assets: $185,533
  • Total Liabilities: $4,005
  • Net Assets: $181,528

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Organization Details

Principal Officer

Terry Smith

Main Address

PO BOX 11618, EUGENE, OR, 97440

NTEE Category

Code: N113 - Recreation

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