Overview
What is Salisbury Beach Partnership Inc?
Salisbury Beach Partnership Inc is a charitable organization based in Salisbury, Massachusetts. Its primary mission is to foster and promote initiatives aimed at revitalizing Salisbury Beach. By focusing on creating and maintaining a vibrant and attractive beach environment, the partnership aims to enhance the overall experience for residents and visitors alike. Their activities are geared towards improving the beach's infrastructure, ensuring its long-term sustainability, and fostering a sense of community and enjoyment for all who visit.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%
Salisbury Beach Partnership Inc. has earned an 83% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored particularly well in areas such as program expense ratio and fundraising efficiency, indicating that a high percentage of its expenses are directed toward its programs. The organization also demonstrates solid governance, with an independent board that meets all requirements for oversight.
The nonprofit's financial transparency is highlighted by its complete audit and oversight processes, with no material diversion of assets reported. The board's practices, including the distribution of tax forms before filing and documentation of meeting minutes, further enhance its accountability. The working capital ratio suggests that the organization is well-positioned to meet its financial obligations over the long term.
However, while the overall financial health appears strong, the liabilities to assets ratio could be seen as a potential area of concern, indicating that the organization has a relatively higher level of liabilities compared to its assets. This aspect may warrant attention as the organization continues to grow and manage its resources. Overall, Salisbury Beach Partnership Inc. shows a robust operational foundation with room for further financial optimization.
This AI summary has been generated from information found on Charity Navigator.
Is Salisbury Beach Partnership Inc legitimate?
Salisbury Beach Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salisbury Beach Partnership 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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What is the mission statement of Salisbury Beach Partnership Inc?
The mission of Salisbury Beach Partnership Inc is focused on fostering and promoting initiatives aimed at creating and maintaining a revitalized beach environment. Their primary objective is to revitalize a beach, specifically in Salisbury, Massachusetts. They strive to maintain the beach in a thriving and enhanced state, ensuring it remains a vibrant and attractive destination.
Who is the CEO of Salisbury Beach Partnership Inc?
Robert D Glendon is the Director of Salisbury Beach Partnership Inc.
What is the revenue of Salisbury Beach Partnership Inc?
Salisbury Beach Partnership Inc's revenue in 2022 was $2,457,338.
Who are the executives of Salisbury Beach Partnership Inc and what are their salaries?
There 12 volunteers at Salisbury Beach Partnership Inc.
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Where can I find the form 990 for Salisbury Beach Partnership Inc?
Salisbury Beach Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salisbury Beach Partnership Inc
The Salisbury Beach Partnership Inc, a dedicated nonprofit organization, is committed to fostering and promoting initiatives that aim to create and maintain a revitalized Salisbury Beach. Their mission is twofold: first, to create a revitalized beach environment, and second, to ensure its continued maintenance. This endeavor is designed to enhance the appeal and sustainability of Salisbury Beach, ultimately benefiting the community and its visitors. The Partnership's efforts are focused on designing and implementing strategic initiatives to revitalize Salisbury Beach, contributing to its overall growth and development.
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Impact
June, 2024
Salisbury Beach Partnership Inc works tirelessly to create and maintain a revitalized Salisbury Beach in Salisbury, Massachusetts. Their mission is to foster and promote initiatives that contribute to the development and preservation of a vibrant and sustainable beach environment. Through their efforts, they have significantly improved the local community's access to a well-maintained and attractive coastal area. Their work has not only enhanced the natural beauty of Salisbury Beach but also increased recreational opportunities for residents and visitors alike. By focusing on environmental conservation and active community engagement, Salisbury Beach Partnership Inc has made a lasting impact on the overall well-being of the area.
This information is meant to be a general summary of Salisbury Beach Partnership 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 2022.
- Program Service Revenue: $89,754
- Gross Receipts: $2,457,338
Assets and Liabilities:
- Total Assets: $5,128,794
- Total Liabilities: $2,304,508
- Net Assets: $2,824,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Revenues
Revenue
$89,754
Organization Details
Founding Year
2007
Phone
(978) 462-7274Principal Officer
Robert D Glendon
Main Address
98 Elm Street, Salisbury, MA, 01952
NTEE Category
Code: C34 - Environment
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