Overview
What is Nichols Hills Parks Inc?
Nichols Hills Parks Inc is a nonprofit organization situated in Nichols Hills, Oklahoma. Their primary mission is to enhance and maintain the beauty of the city's 30 public parks. This includes various improvement projects aimed at keeping these parks in optimal condition. By doing so, they contribute to the overall well-being and enjoyment of the local community. The organization's work ensures that the city's parks remain clean, safe, and a source of joy for the residents of Nichols Hills.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Nichols Hills Parks Inc has received a Two-Star rating from Charity Navigator, indicating a score of 73%. This score is derived solely from the Accountability & Finance beacon, reflecting a strong focus on financial practices. The organization excels in several areas, including having 100% independent board members and a high program expense ratio of 94.53%, which suggests that a significant portion of their funding is directed towards their programs.
Strengths of Nichols Hills Parks Inc include their robust governance structure with a fully independent board and no reported material diversion of assets. They also provide transparency by documenting board meeting minutes, which contributes positively to their accountability metrics. The organization demonstrates a strong balance sheet with a liabilities to assets ratio of 0.00%, indicating a solid financial standing.
However, the overall rating of 73% suggests that there may be areas for improvement. While the organization shows financial responsibility and governance strengths, the single beacon score means that other potential areas such as impact measurement or program effectiveness have not been evaluated. As such, the rating reflects a narrow view of the overall effectiveness of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Nichols Hills Parks Inc legitimate?
Nichols Hills Parks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nichols Hills Parks 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Nichols Hills Parks Inc?
Nichols Hills Parks Inc is committed to maintaining and enhancing the quality of various public parks within its jurisdiction. Their mission is centered around improving the aesthetics and overall condition of these parks, ensuring a pleasant and enjoyable environment for the community. The organization strives to beautify the 30 parks under its care, aiming to contribute positively to the city's landscape and the well-being of its residents.
Who is the CEO of Nichols Hills Parks Inc?
Susan Marshall is the President of Nichols Hills Parks Inc.
What is the revenue of Nichols Hills Parks Inc?
Nichols Hills Parks Inc's revenue in 2023 was $214,489.
Who are the executives of Nichols Hills Parks Inc and what are their salaries?
There 20 volunteers at Nichols Hills Parks Inc.
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Where can I find the form 990 for Nichols Hills Parks Inc?
Nichols Hills Parks Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nichols Hills Parks Inc
Nichols Hills Parks Inc, as its name suggests, is dedicated to maintaining and enhancing various public parks within its city. This nonprofit organization's mission is centered around beautifying and improving the 30 parks under its responsibility. By doing so, it aims to contribute positively to the overall environment and quality of life for the city's residents. The work of Nichols Hills Parks Inc is crucial in preserving these green spaces, ensuring they remain clean, safe, and enjoyable for all who visit. Through its efforts, the organization is able to enrich the community by providing beautiful and well-maintained parks for everyone to enjoy.
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Impact
October, 2024
Nichols Hills Parks Inc plays a vital role in enhancing the quality of life for residents and visitors by maintaining and improving the various public parks within the city of Nichols Hills. With a commitment to beautifying 30 parks, the organization ensures that these spaces are not only functional for recreation but also visually appealing, promoting community engagement and outdoor activities.
By focusing on the upkeep and enhancement of these parks, Nichols Hills Parks Inc fosters a stronger sense of community, providing residents with safe and enjoyable outdoor environments. The organization facilitates recreational opportunities that contribute to physical health and well-being, while also creating serene spaces for relaxation and socialization. The collective efforts not only enrich the local landscape but also boost the aesthetic value of the community, making Nichols Hills a more attractive place for families and individuals alike.
This information is meant to be a general summary of Nichols Hills Parks 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: $3,857
- Program Service Revenue: $14,125
- Gross Receipts: $214,489
Assets and Liabilities:
- Total Assets: $924,773
- Total Liabilities: $0
- Net Assets: $924,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING SALES
Revenue
$13,475
BUTTERFLY GARDEN
DIRECTORY SALES
Revenue
$650
GARDEN TOUR
Organization Details
Founding Year
1983
Phone
(405) 848-7381Principal Officer
Susan Marshall
Main Address
6407 AVONDALE DRIVE, NICHOLS HILLS, OK, 73116
NTEE Category
Code: N32Z - Recreation
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