Overview
What is Friends Of Larchmont Parks Inc?
Friends of Larchmont Parks Inc is a dedicated nonprofit organization based in Larchmont, New York. Their primary mission is to collaborate with the local village to enhance, embellish, and manage the upkeep of the community's public parks. As stewards of these green spaces, their primary objective is to fundraise for necessary projects and collaborate with the community to organize events within the parks. This nonprofit serves as a vital partner in preserving and enhancing the beauty and functionality of Larchmont's parks for residents and visitors alike.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Friends Of Larchmont Parks Inc has received a low rating of 53%, indicating significant concerns in accountability and finance practices. The score is derived entirely from its Accountability & Finance metrics, which highlights areas needing improvement, such as governance practices and transparency.
The organization has a concerning lack of independent board members, with 0% of its board being independent. Important policies regarding conflicts of interest, whistleblower protections, and document retention are missing, which detracts from its governance credibility. However, the charity does report no material diversion of assets, contributing positively to its financial integrity.
Despite these shortcomings, Friends Of Larchmont Parks Inc demonstrates high program expense efficiency, with a program expense ratio of 100%. This suggests that the charity is directing all its expenses towards its programs. However, the absence of key governance policies and transparency measures raises questions about its operational practices and oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Larchmont Parks Inc legitimate?
Friends Of Larchmont Parks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Larchmont 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Friends Of Larchmont Parks Inc?
Friends of Larchmont Parks Inc's mission is centered around partnering with their community to enhance and maintain public parks. As stewards of these green spaces, their primary goal is to raise funds for various improvement projects and collaborate with the community to organize events within the parks. Their mission is to beautify and preserve these vital community spaces, ensuring they remain a source of enjoyment and recreation for all.
Who is the CEO of Friends Of Larchmont Parks Inc?
Doborah Maher is the Co President of Friends Of Larchmont Parks Inc.
What is the revenue of Friends Of Larchmont Parks Inc?
Friends Of Larchmont Parks Inc's revenue in 2021 was $25,452.
Who are the executives of Friends Of Larchmont Parks Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of Larchmont Parks Inc?
Friends Of Larchmont Parks Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Friends Of Larchmont Parks Inc
Friends of Larchmont Parks Inc, as a dedicated organization, works in collaboration with the Village of Larchmont to enhance, beautify, and assist in the maintenance of public parks within their community. Serving as stewards of these vital green spaces, their primary goal is to raise funds for necessary projects and coordinate with the community to organize events in the parks. By doing so, they aim to contribute to the overall improvement and enjoyment of these communal areas.
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Impact
August, 2024
Friends Of Larchmont Parks Inc's impact is centered on partnering with the Village of Larchmont to improve, beautify, and assist in the ongoing maintenance of public parks in the community. As stewards of the parks, their goal is to fundraise for projects and coordinate with the community to promote events in the parks. Their efforts contribute to enhancing the recreational spaces in Larchmont, NY, fostering a sense of community, and providing opportunities for engagement and enjoyment for residents and visitors alike.
This information is meant to be a general summary of Friends Of Larchmont 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 2021.
- Program Service Revenue: $25,452
- Gross Receipts: $25,452
Assets and Liabilities:
- Total Assets: $34,536
- Total Liabilities: $0
- Net Assets: $34,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONOR CONTRIBUTIONS
Revenue
$25,452
Organization Details
Principal Officer
Doborah Maher
Main Address
42 WOODBINE AVE, LARCHMONT, NY, 10538
NTEE Category
Code: N32 - Recreation
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